Why virtual currency keeps falling
in the current situation, blockchain is not a mature technology. What the market values is the so-called prospect, and it will take time to improve and excavate it slowly. However, the collapse of virtual currency is just a return to its own value
in short, I think bitcoin will continue to grow slowly after falling below a certain price. The current slump is just that the funds attracted by the previous heat have discovered the characteristics of virtual currency (hacker attack, dealer trading, these two situations will probably only appear in the newly issued currency, which is determined by the characteristics of blockchain, in other words, Hackers may also attack bitcoin in the early stage, but the more people and nodes bitcoin enters, the lower the probability of this situation, and the more difficult it is to generate)
in addition, I think that a large number of people in China even don't know what bitcoin is, so they are ready to make a fortune with money.
Stupid tax
reason 1: the volatility of virtual currency is too large to become a trading means. The huge volatility problem is structural e to its fixed supply and unstable demand. The flaws in this design mean that it will not be a winner in the cryptocurrency war
reason 2: the energy consumption of virtual currency mining is a waste
reason 3: the security of virtual currency is weak, and quantum computing may make it worse
reason 4: the rise of virtual currency promotes illegal activities and redistributes wealth from the formal economy to the shadow economy. It's only a matter of time before the government gets involved
partial topic
My IQ ensures the safety of my basic property; My appearance further ensures the safety of my trip
according to foreign media reports, on Monday, the price of bitcoin fell to $2526.4, with a maximum decline of 14.5%, which created the biggest decline since January 2015. A few days ago, the price of bitcoin just broke the $3000 mark, a new record, but then plummeted by more than 30%. As of the 16th of this week, the market value of bitcoin has evaporated $10 billion, almost equal to the market value of social software Twitter's $12 billion
the other reasons for the sharp decline include the sharp decline of US technology stocks and the poor outlook of investment banks on the special currency. Morgan Stanley said that "the virtual currency is like the currency of the wild west", which needs to be regulated before it can continue to rise. The previous price surge may be caused by speculation and not easy to sell
it is worth mentioning that bitcoin is not the only one that has plummeted. It is said that the prices of other digital currencies have also fallen considerably
there are risks in investment, so you need to be careful when entering
The qualification license of game text includes the issuance of virtual currency. The issuance of virtual currency is within the business scope of the text. At present, the approval of game text has been suspended. If enterprises want to use this certificate to operate, they need to buy shell companies
certificate case
the current price drop of virtual currency means that some people take advantage of the good news to push the market up, and then take the opportunity to ship , if large customers ship , the market price drops directly , if several large customers ship at the same time, then a big drop will be formed
in addition to the launch of bitcoin futures, the launch of futures itself is for short selling. With more short sellers, the market is very tight. It can also cause a big drop
another is that the price of bitcoin in the whole market follows the trend of bitcoin, and there are very few specific independent trends, such as Ethereum and Boca. Even if there is a period of independent trend, it will be similar to bitcoin trend in some periods
the collapse of digital currency requires large enterprises and institutions to master the delivery rhythm. If the delivery rhythm is not well mastered, it will also cause panic selling. Instead, there will be no better delivery and the market will be smashed
of course, there were examples before. When a project party was working on a project, it went online. Because too many tokens were sent to a large number of users in the early stage, and then they pulled the order by themselves. As a result, they spent a lot of money to pull the order. It was very difficult to pull the order. Finally, they put themselves in. The users were constantly selling, and the project party took the order
cryptocurrency goes down
on the evening of May 19, Beijing time, the European and American stock markets are extremely unstable. The European Stoxx 50 index once fell by 2%, while the U.S. stock market index fell sharply in the early part of the day, and the panic index rose by 15%. After the opening, the three major U.S. stock indexes accelerated their decline, with a decline of about 1.5% as of 22:17
at the same time, the international oil price also showed a sharp drop, with the price of Buyou once falling by more than 2%, and WTI crude oil futures once fell by more than 4% in the day, reaching a new low below US $62.80/barrel since April 27. Judging from the trend of US Treasury bonds, the rise in the yield of 10-year Treasury bonds also means that Treasury bonds are falling
the biggest concern is the decline of cryptocurrency, which can be described as a bloody market. Bitcoin once collapsed by 27%, Ethereum plummeted by nearly 37%, and EOS and adacoin all fell by nearly 50%
The reason why bitcoin has fallen sharply recently is that for some institutional investors, they have withdrawn from the bitcoin market one after another. Therefore, the withdrawal of a large number of funds has led to a huge decline in the whole bitcoin market. As a result, some small investors have seen a certain degree of price decline, which has also triggered a certain degree of panic, So one after another selling bitcoin, making the price of bitcoin continue to fall{ RRRRR}
Of after the fund code is out the counter fund, which refers to OTC funds, that is, buying these funds at the counter
some people purchase funds are purchased from the OTC, such as WeChat, Alipay, Jingdong finance, daily fund network, good buy fund network or bank channel. p>
and SH and SZ are one kind of exchange traded funds. SZ stands for Shenzhen, which is the exchange traded fund in Shenzhen, and sh stands for Shanghai, which is the exchange traded fund in Shanghai. Floor trading refers to trading in the stock exchange market. The same way as stock trading, arbitrage can also be carried out. Funds that can be purchased in the field include open-end funds and closed-end funds
floor funds are favored by investors. The main reason is that the pricing between floor funds and the corresponding OTC funds is not synchronized because of the two markets. The premium or discount between markets can be used by investors, which becomes an opportunity for risk-free arbitrage
jisilu, a well-known website in the instry, is a very active community for arbitragers, and jisilu is also updating the data of exchange funds in time for arbitragers' reference
another reason for the popularity of floor funds is liquidity. Just like stocks, exchange funds can be traded in real time. They can be realized in time when capital is needed. They can be quickly confirmed when they are ready to buy. There are also trading opportunities within the day to find better buying points. Most exchange funds can be sold with T + 1, and some special QDII funds can even be sold within the day
Moreover, in order to meet the investors' demand for exchange fund trading, many securities companies provide very preferential rates, which are lower than the handling charges for trading stocks. In contrast, the confirmation of OTC funds is t + 1, and the confirmation time of redemption is longerextended information:
if you open a Shanghai and Shenzhen shareholder account in a securities company, you can trade lof and ETF on the floor in the business department or website of the securities company
just like the off-site subscription, the on-site purchase can also pay dividends, but there is one difference. The on-site purchase of fund dividends can only be cash dividends, and can not be re invested. The off-site purchase of fund dividends can be re invested. If it can be redeemed, the fund purchased on the spot can also be redeemed on the spot. The redemption price is the net value of the day announced by the company after the closing