The trend of virtual currency in 2018
bitcoin price has been cut by the waist
how to implement blockchain application is still the main problem. In addition to bitcoin, the large-scale application of blockchain in other scenarios has not yet reached the commercial stage. Looking back to the second half of 2017, the price of bitcoin almost reached a new high every day, and finally reached the peak in the South Korean exchange with the highest premium in the world - about 140000 yuan per piece. On June 3, 2018, as of press time, coinbase bitcoin trading platform quoted 49688 yuan, and the price of bitcoin has been cut. Since the beginning of this year, the price of bitcoin has rarely seen eye popping ups and downs, and the overall trend of monthly decline
bitcoin development status
according to the data of the in-depth analysis report on business model innovation and investment opportunities of the blockchain instry released by the foresight Instry Research Institute, bitcoin prices showed a downward trend in May, with the overall market value falling from US $157.3 billion at the beginning of the month to US $127.4 billion at the end of the month, a decrease of 19%; In addition, there are 444000 active addresses and 197000 transfers per day. From the trend point of view, the number of active addresses and daily transfers are positively correlated with the transaction price. In May, the overall trend is volatile, and the downward trend is very obvious
reasons for the steady decline of bitcoin in the past half year
how to understand the "steady decline" of bitcoin in the past half year? There are two main reasons: firstly, the most important reason is that institutional investors and speculators who have accumulated a large number of "profit" are cashing in their profits and leaving the market; Secondly, before the blockchain instry has no real application and profit model, the rise of bitcoin price can only be regarded as speculative speculation. In addition, it is an undeniable fact that the Central Bank of China has made a decisive move to close the bitcoin trading platform, which has achieved remarkable results in preventing bitcoin speculation
at present, the domestic bitcoin exchanges have basically moved to foreign countries, which has nothing to do with China. Investors operate on those platforms at their own risk
the current market is not very good. Only when the market is good, can investors find ways to participate in bitcoin investment. As the total market value of the coin circle is still small, with more blockchain applications, there is still potential in the future
over consumed blockchain
e to the "tepid" price of bitcoin, blockchain, as its underlying technology, has reached the level of "known to all women and children", and even surpassed bitcoin in recent years
recently, a series of related reports are suspected of making up for the number and full of hype, and blockchain has obviously been over consumed. In addition to bitcoin, the large-scale application of blockchain in other scenarios has not yet reached the commercial stage
with the graal deepening of the understanding of blockchain technology, domestic enterprises have laid out blockchain technology, platforms and applications, including Internet enterprises such as network, Tencent, Ali, Jingdong, Netease, major banks, financial enterprises such as Ping An of China and Huawei. In terms of application, China actively explores and promotes blockchain + applications in the form of alliance chain and private chain to help solve the pain points of related instries, improve efficiency and rece costs.
as long as the government fails to suppress policies, bitcoin will not become a bubble. According to the coin.love trading platform, the price was less than 50000 yuan. I remember that at the end of June, the price was around 42000 yuan, and it rose by 8000 yuan in less than two months. It is said that the rarity is the most expensive. At present, BTC has become the mainstream currency of digital assets
if the figure below is accurate, the price of bitcoin will rise to US $91000 by 2020
it is this scarcity that makes the price of bitcoin soar all the way in the near future. However, there are different voices about the future development trend of bitcoin and whether it is worth investing
[bitcoin investment is the most risky investment you can make at present]
bitcoin.com is one of the largest bitcoin websites in the world. Due to the soaring price of bitcoin, the website has achieved great development this year. But Emil Oldenburg, its co-founder and chief technology officer, is skeptical about the future of bitcoin
in an interview with breakit, a Swedish technology website, he said: "I would like to say that bitcoin investment is the most risky investment you can make at present. There are extremely high risks in it." "In fact, I recently sold all of my bitcoin in exchange for bitcoin cash," he said Bitcoin cash, a derivative separated from bitcoin in August this year, has recently overtaken Ethernet as the world's second largest cryptocurrency“ When people figure out how bitcoin works, they start selling bitcoin. " Oldenburg once again stressed doubts about the future of the bitcoin“ He doesn't believe that bitcoin will become the kind of everyday currency that the world has always wanted
[if people invest in bitcoin, they are ready to "lose all their money"]
on December 19, according to foreign media reports, the head of a major British financial regulatory agency warned that if people invest in bitcoin, they are ready to "lose all their money". It also shows the opposition of the British financial regulator to the bitcoin. Andrew Bailey, director of the financial market conct authority, told the BBC that neither the central bank nor the government supports "money", so it is not a safe investment
buying bitcoin is similar to gambling and has the same level of risk, he said. "It's not a currency, it's not actually managed in the form of bitcoin," Bailey told Newsnight“ In terms of pricing, it's a very volatile commodity. If you look at what happened this year, I would remind people that we know very little about the price of the bitcoin. This is a strange commodity because the stock is fixed. If you want to invest in bitcoin, you should be prepared to lose money, which will be my serious warning. "
[next year we will see central banks start to hold digital currencies for the first time]
Peter Smith, founder and CEO of blockchain, a cryptocurrency wallet, said that it is expected that central banks around the world will start to hold digital currencies as reserve assets next year, and some central banks may start to issue their own "digital assets"
in an interview with CNBC, Smith said: "I think next year we will see, for the first time, central banks starting to hold digital currencies as part of their balance sheets." Mr Smith said central banks would be likely to buy bitcoin and Ethernet as reserve assets. Central banks now hold gold and foreign exchange reserves to allow them to act in the event of any market shock. The appreciation of bitcoin as an asset may mean that some monetary authorities will have to start holding the digital currency. "Bitcoin is already one of the top 30 currencies in supply, and as prices rise, this trend and the pressure to hold digital currencies as reserve assets will only rise," Smith said This view shows its optimistic attitude towards bitcoin and other digital currencies
as for whether bitcoin is worth investing, we can only say that every investor has his own vision and judgment.
Recently, a & lt; The virtual currency collapsed all over the world; The news of, caused the hot discussion of broad netizens, make boiling on the net< so, what about the situation of ether coin and dog coin? And why? First of all, bitcoin, as the leader of virtual currency, will shake the whole coin circle as soon as it falls. So the situation of Ethereum and doggie coin also experienced a significant decline what is the specific situation? Let me share my views with you
I. the situation of Ethereum and dogcoinfirst of all, we all know that bitcoin is the most important in the coin circle. In the previous time, general bitcoin rose and fell sharply, basically other currencies followed. In the same way, this time is no exception. In this bitcoin crash, Ethereum and dogcoin also have a crash{ RRRRR}
the above are my views on this issue. They are purely personal views and are for reference only. If you have any different opinions, you can leave a message in the comment area for discussion
bitcoin fell below $37000, in sharp contrast to the previous surge bitcoin, a peer-to-peer payment system, was launched on January 3, 2009. Its founder is little known because all the original discussions about currency and agreements were published by Nakamoto's people
to sum up, although bitcoin futures contracts launched on the platform are more professional and standardized in contract design and risk control system than those launched on private platforms, , they are still faced with the risk of large price fluctuation and easy manipulation in the spot market. In the final analysis, this is because bitcoin, as a private digital currency, lacks value orientation and regulatory constraints strong>