Virtual currency all red
China's online virtual currency category:
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game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
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the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
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virtual currency on the Internet, such as bitcoin (BTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law
response time: January 19, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
warm tips:
1. The above information is for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: January 4, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
model risk
virtual money is not real money, there is no central bank behind the total control and macro-control, its value depends entirely on its supply. For example, according to Nakamoto's algorithm, the final supply of bitcoin is 21 million, which will not be increased. However, if its model is found to be defective, resulting in a massive increase in money supply, the current trading platform and investors will lose their money
many algorithm enthusiasts have carried out repeated dection, and so far have not found the existence of model defects
risk possibility: 1
risk impact degree: 5
market depth risk
at present, the value chain of virtual currency is mainly composed of miners and traders, with less money supply and fewer market participants. Compared with other mature markets, bitcoin trading is not active and vulnerable to the impact of large capital inflow and outflow, resulting in sharp rise and fall. In addition, market depth risk will also lead to market manipulation risk and liquidity risk
platform risk
at present, many virtual currency platforms need to deposit funds into the platform to buy or sell. In order to attract investors, some platforms often offer free service charge. However, some free platforms are risky. For example, in October 2013, a bitcoin trading platform registered in Hong Kong suddenly ran away on the pretext of "being attacked by hackers", and all its executives disappeared. Later, it was estimated that the incident took away about 30 million yuan
should
Strategy: 1. After determining whether to invest in virtual currency and what kind of virtual currency to invest in, investors should investigate and screen the platform, not be affected by the small profits of handling charges, and choose a strong and reputable platform for trading behavior; 2. Investors should pay attention to all kinds of information of their investment platform and observe their reputation changes; 3. Regulators should bring the trading platform of virtual currency into the scope of supervision and require it to
pay reserve and margin to prevent such moral hazard
risk possibility: 1
risk influence degree: 4
circulation risk
goods
one of the basic functions of currency is to continuously use it as a means of purchase in the process of commodity circulation to realize the price of goods. So far, only a few businesses accept virtual currency as a means of payment for circulation. Or
in other words, most of the participants in the current virtual currency investment are for the purpose of earning the price difference, while only a small part of them are for the purpose of early storage as the future currency
coping strategies: the existing participants of virtual currency should actively recommend this category to the government and the public, and increase the number of businesses willing to accept virtual currency as a means of payment in the market
risk possibility: 4
risk impact degree: 3
legal subject risk
on December 5, 2013, the people's Bank of China, together with the Ministry of instry and information technology, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission, issued the notice on prevention of bitcoin risk, claiming that bitcoin should be a specific virtual business proct in nature, It does not have the same legal status as currency and cannot and should not be used as currency in the market. According to Circular No. 21 of 2014 issued by the IRS, bitcoin and other virtual currencies will be regarded as property rather than a currency. In a word, there is still a long way to go to establish the legal subject status of virtual currency
coping strategies: the existing participants of virtual currency should actively influence the government and regulatory authorities to establish the legal subject status of virtual currency as soon as possible
risk possibility: 5
risk impact degree: 3
network virtual currency can be roughly divided into
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.
in addition to being depressed by profit taking, worries about the order processing capacity of Ethereum also contributed to the sharp drop in the price of this digital currency. Last week, the price of Ethernet currency once "collapsed", falling from more than $300 to 10 cents in a few minutes because of the network congestion caused by too many orders.