Quantum ecological chain miner
first, the excessively free market - the copper price killer
bitcoin is born for freedom and lives for freedom, which has created a group of bitcoin fans who are crazy about pursuing freedom. The decentralization of the bitcoin exchange has been rampant for a time. The current situation of no supervision of the bitcoin exchange is obvious to all, and it can not be solved by itself, such as the forever anonymous dark village, the disorderly competition of mining machinery, etc. these important factors that are often ignored by people are also important drivers of the price drop
just think of the capitalist social system in the early days. People had great expectations and perseverance. They could sacrifice their lives for freedom and cut the rope on puppets at all costs. During the transition from feudal socialism to capitalism, people were like holding on to the water for several generations, suddenly came out to breathe fresh air, and no one was allowed to press themselves into the water again, The result is a social system of excessive freedom. The result of excessive freedom is that once someone obtains certain resources and social advantages, he can quickly devour everything around him like a black hole, forming a monopoly and giving birth to an oligarchy. They don't care about other people's lives, just like gladiators. If you lose, you have to bear all the consequences; If I win, I can enjoy some honor. But after all, oligarchs are a minority. Society is made up of thousands of ordinary people, so the system made up of people must be unstable and unreasonable. Therefore, modern capitalist society has learned to compromise. After learning from many advantages of capitalist society at that time, it is found that there are anti-monopoly laws, various anti-commercial bribery and other daily laws for proper supervision, In order to effectively delay the outbreak cycle of the financial crisis
the reason why so many words are used to describe capitalist society is that bitcoin has too many similarities with it. A brand new financial system does not depend on specific institutions or indivials, but also depends on all participants. With it, we can eliminate all external influences and keep our wallets. It's a great idea, but what about the reality? Holding a large amount of bitcoin, amzhuang can control the price of bitcoin. In the capital market, 1 billion yuan is only a very small amount. For the bitcoin market, it is enough to control the price rise and fall of any exchange, back and forth volatility, commonly known as "fleece". Easier said than done, as like as two peas in the market, you will be able to control the bitcoin in your hands. But you have to be in the market. For these makers, they can benefit from the ups and downs, because in the trend of the rising market, they will increase ring each shock period, and fall more every time the market falls. At the top of the pyramid, there are always only a few people
after more than a year of communication with players in the instry, we found that those who are still left behind are either deeply covered or persistent believers. Even if they are covered, only a few of them are entities. Most of the left behind are pure it houses, and they blush when they meet. Most of them have no financial experience, even few of them have speculated in stocks, so they are in shock, It's certain that Xiaosan will be injured< Another important factor is that, like stocks, the amount of cash in circulation is far less than the total value. Although several exchanges have not announced the amount of bitcoin and the total amount of RMB assets, it can be concluded from the data of mtgox's bankruptcy that the amount of cash announced by mtgox is US $40 million, Bitcoin is worth US $450 million, reaching a staggering 1:11. According to my preliminary understanding, the general comparison of domestic trading platforms is between 1:3 and 1:6, which is slightly better than mtfox, but it is also enough to illustrate the problem. Once the bear market comes, the power of shorting is far greater than that of long
although the stock market did not rise sharply last year, many people did profit from the stock market and attracted many of the few users who swayed between the stock market and bitcoin. Many of the professional investment users and deep-seated users who benefited from bitcoin also left the bitcoin instry for various reasons. The big reason is that for bitcoin, They think that in addition to speculation, it is a game played by technical talents. Although this is a misunderstanding, let's think about it from another perspective. If you are an investor outside the IT instry and face the world's largest trading platform, you will go bankrupt if it goes bankrupt. If bitcoin is stolen, it will be stolen without supervision and responsibility. What would you think? Therefore, the reason for today's situation is that the number of bitcoin has not decreased, but the capital is decreasing. Although there are many foreign advantages ring this period, the domestic situation has been declining. This is an indisputable fact
with the decrease of funds, long has lost enough momentum. The reason why there is no sharp decline is that there are still a number of bitcoin loyalists. Some of them have been engaged in bitcoin for several consecutive years, and almost every year they have to experience a similar slump. Therefore, they still firmly believe that this year is just a repetition of the market rules of previous years, and the final price will rise; Of course, I personally believe that in the long run, the trend of bitcoin will go up, but is it half a year or three to five years? I'm really not sure, because the biggest constant in the world is change. As the saying goes, the flowers are similar year by year, but the people are different year by year. The past experience may not be applicable to the present< Third, domestic policy - gold price killer
I don't know if the Americans have understood that it was not Japan, the United States, Europe, but China that decided the price of bitcoin in 2013. Made in China used to be a headache for foreigners. Now, they also realize the power of China's speculation. China's real estate speculators are like locusts everywhere they go. At present, China's speculators are also rapidly overdrawn the growth value of bitcoin. China, which has 80% of the world's trading volume, explicitly forbids the value of bitcoin as a medium of exchange, so it has no real value in China except for speculation
I believe that the world's understanding of the power of Chinese speculators in bitcoin began with the documents of five ministries and commissions, because before that, almost no organization participated in the international bitcoin conference. After that, many foreign media swarmed in, professional and unprofessional media came. This time, although the documents on April 15 have not been confirmed, the financial times interviewed bitcoin in advance, which shows that they recognize the power of Chinese speculators
why is an Internet proct that started in foreign countries so influenced by China's policies? This is not its main application place, which just reflects that the price of bitcoin is seriously out of its actual value line, artificially pushed up and overdrawn its value. In my opinion, without CCTV's report and China's participation, it would have been good for bitcoin to have a price of more than 1000 last year. It was also e to excessive attention, which created the fastest five ministerial documents in history< 4. Crazy miner - the ultimate price killer
the computing power of bitcoin miner has increased from 1p at the end of last year to more than 30p now. In less than five months, the price of bitcoin miner has dropped from 6000 to 2700 today. In other words, the number of miner has increased dozens of times, from CPU to motherboard, power supply, power supply, etc The chassis and processing costs are all paid in RMB. Just imagine how much cash flow the mining machine has taken from the whole bitcoin ecological chain. Once the cash flows into the hands of TSMC, motherboard factory and others, it will never be kept back. This is also the result of disorderly competition, once profitable, the number will never end! It is said that Shenzhen proces 90% of the world's computing power of mining machines, and each time the chips are streamed, the chips are less than 3.5 million, more than 20.3 million, not to mention the whole machine. A mining machine manufacturer I know in Shenzhen club said that he sold 1000 USB mining machines a minute, which shows the madness
to sum up, all aspects have exerted pressure on cash flow, so the continuous decline of bitcoin in the short term is caused by many reasons. Even without the 4.15 document, I believe a continuous decline process will be formed. As for the bottom, it depends on the belief of those who still hold fast to it and when the crazy mining machine will not continue, And the actual application of bitcoin in foreign countries
those who played with stocks in 2008 may find that bitcoin shares a striking resemblance to the price trend of stocks. If bitcoin goes up from 2000 to 5300, any good news, even an additional issue, will make stocks soar all the time. After that, although the stock surged to the highest point, the downward trend was like "defeat like a mountain". Any bad news would cause a decline. Coupled with the excessive issuance of new shares and serious overdraft of market cash, the a share once fell back to about 1600 points. Although it rebounded to more than 3000 points, it would still jump to about 2000 points. After several years of shock, it did not improve
bitcoin plate is small and easy to rise and fall. However, if the retail investors are excessively injured, bitcoin's loyalty can only be powerless to let bitcoin rise. The false rise of the makers will face a lot of market capital pressure and can only follow the trend
at present, there are several companies in the whole instry that can support short selling, such as fire coin, China bitcoin and okcoin, which also aggravates the dection process
of course, I am still very optimistic about the long-term development of bitcoin, but I really can't see how to break the current deadlock. The purpose of this article is to provide some personal opinions for the majority of small businesses. Maybe you are more in-depth and complete than I think, but finance is nothing more than that
Donglin International Group is not a pyramid scheme, but a Ponzi scheme. Donglin International Group is one of 232 illegal fund scams announced on October 18. Donglin international claims to be regulated by the NFA, India's financial regulator. Donglin international distinguishes the so-called capital markets such as split, mutual aid, virtual currency, dividend, binary options and micro trading, claiming that all the income comes from the foreign exchange market, with monthly income as high as 15% to 20% (floating) and being open and transparent. This kind of publicity is estimated to be sufficient for the fixed conditions of illegal fund-raising
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< H2 > extended information:on October 18, 232 illegal fund offers were released. The parts are as follows:
1, 3658 away from 2, 3D orange orange man crash run 3, 6 degree chain unable to withdraw 4, AB mall away from 5, ADC miner away from 6, ADO unable to withdraw 7, AE coin run 8, AMB away from 9, AOK Aoke international deposit high risk 10, AIT Art Village platform restriction 11, BCL digital currency withdrawal difficulty 12 Cab away 13, CCM mall away 14, cdbc away 15, DVM dream coin away 16, EPCO away 17, ETH legend unable to withdraw cash 18, etj renamed restart 19, Etz etherdrill away 20, FA crash away 21, FFC future financial chain away 22, FIFA poly away 23, FN future network away 24, GCR away 25, GEC environmental protection coin away
26, GTO timely withdrawal 27, HDB Evergrande coin away 28, HPA high risk 29, etc HTR away from 30, hot Qiansheng gold mine away from 31, JMC win-win ecosystem away from 32, jvi away from 33, KBC Kangbao coin away from 34, ltcgs international away from 35, MCC Mechanical Coin away from 36, MFC collapse 37, MMG permanent miner away from 38, mmm glbal away from 39, moretoken away from 40, OAC oasis assets can not be withdrawn 41, OMS wonderful market away from 42, PMD away from 43, PRC away from 44, plustoken away from
45 RCM running 46rec digital coin running 47, RHC Futai chain running 48, RTC rongte coin running 49, RT China Internet of things running 50, SCMA alliance running 51, set running 52, SFC running 53, SMCC platform restriction 54, SVI Shengwei international zombie 55, TAC traceability chain running 56tbb running 57, TTB running 58, U + real estate running 59, UCM blockchain collapse running 60, ude running 61, u Bao USS immediate debt running 62, etc Vpay crash is imminent 63, visa run 64, VPF split far away
65, wh crash run 66, wlwglobal crash 67, DOF CITIC finance unable to withdraw 68, SEL Huzhu run 69, sky withdrawal difficulty 70, wanshibao far away, 71, omnipotent exchange far away 72, Wanbang International far away 73, Wanshun taxi far away 74, Sancai Tongzheng far away 75, Rose Manor crash 76, dongfangcheng far away 77 Donglin International Group is far away from
78, zhongsoule is far away from 79, Zhongmin welfare group is far away from 80, Zhongrun new energy is far away from 81, Zhongke Hongji is far away from 82, Zhongpin alliance is far away from 83, Weier mall is far away from 84, letaifang is far away from 86, Letong group is far away from 87, jiubayunche is far away from 88, jiuhaoguan is far away from 89, Jiuzhou Wharton is far away
the airdrop activity of 5GH cloud storage ecological chain is still going on. Register and pass the real name certification, get a mining machine, sell it for 2 yuan and log on to the exchange, invite to get more revenue and promote it as a team!