Why did the Leyte currency soar

1. The value is not stable. It's suggested to look at IEX coin. The value of this coin is stable, and the old players in the coin circle are buying it.

3. Generally speaking, the price of Leyte currency fluctuates with that of bitcoin. The founder of lightcoin claims to make up for some of the shortcomings of bitcoin and is an experimental proct of bitcoin. However, it has been proved that lightcoin is not a good experimental proct and there is no innovation, but the algorithm is different and the number is a little more. It used to be said that it was not mining with ASIC miner, but finally it was a face fight. Basically, as the price of bitcoin rises, so does the lightcoin. As bitcoin falls, so does the lightcoin.

4. Lightcoin is an innovation of bitcoin and an experimental proct of bitcoin, which is known as the supplement and substitute of bitcoin. The slogan is "bitkin, lightsilver!" But in fact, the test proct of bitcoin like lightcoin failed, and there was not much innovation

bitcoin is a big experiment of socialization, which has gained wide attention in China since October 2013, especially a large number of reports from domestic media. CCTV media has also reported bitcoin positively for many times, which leads to people's wrong tone towards bitcoin. In addition, the US held an optimistic attitude towards bitcoin in the November hearing, The price of bitcoin was less than 1000 yuan, and it soared to 8000 yuan in less than two months. With the rise of the price of bitcoin, some counterfeit bitcoins are also rising, and lightcoin is one of the representatives.

5. Two years ago, bitcoin was considered a fringe technology for liberals and computer geeks. Today, other cryptocurrencies such as bitcoin and Ethernet are gaining mainstream recognition. However, the mainstream group is driven by financial speculation rather than the demand for private money and deflationary medium of exchange. The price of bitcoin and other cryptocurrencies, such as ether and Dasey, fell immediately after the Federal Reserve raised interest rates. Specifically, the price of bitcoin fell by about 16%, while the price of other cryptocurrencies fell by about 25%. However, the price of bitcoin rebounded to the previous high in 18 hours
the reaction of cryptocurrency to the Fed's interest rate increase shows that cryptocurrency is regarded as a safe haven investment against the background of the continuous dilution of the value of major legal currencies. That's why demand for bitcoin has risen in countries where fiat currencies have fallen, such as India and Venezuela
however, if the Federal Reserve continues to raise interest rates, the market demand for cryptocurrency may decrease. The reason is that when the Fed stops printing new money, there will be less new money flowing into assets such as real estate, stocks and cryptocurrency. As a result, investor demand for anti inflation assets will decline.

6. Because bitcoin and lightcoin have four advantages:

1) decentralization. Because bitcoin is the first distributed virtual currency, that is to say, the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom

2) global circulation, that is to say, as long as a computer with Internet, no matter where it is, anyone can dig, buy, sell or collect bitcoin

3) bitcoin has exclusive ownership, that is to say, no one can obtain it except the user himself< 4) low transaction cost, no hidden cost, anonymity, tax exemption and supervision free. It provides great convenience for consumers who are not willing to disclose their true identity when purchasing procts

can I help you? If you can ask for adoption, don't recommend it!

7. Some are speculation, no real value, stock hot off, no speculation, prices rise

8. It's just a reflection

9. The reason for bitcoin's desperate rise is that bitcoin is too crazy. A few days ago, it was 140000, but today it is 170000. It's going too far. But at the same time, a news alert, Dalian a man short bitcoin loss of 20 million, killed his daughter, carrying a family of three jump into the sea! That's why bitcoin is up! Because of the leverage short bitcoin loss jump, hanging a lot of people, it is precisely because of short desperately short, led to the rise of bitcoin, 24 hours 38000 people burst positions, 1.9 billion short funds into the pocket of the banker. Don't you understand the real function of virtual currency? What goes to the center is a gimmick. Sun Yuchen always talks about going to the center. In fact, his BoChang coin is useless. Can he go to the store to buy Coke, and Wright coin.