What month is the peak of virtual currency in 2017
Some virtual currencies are illegal in China. Chinese laws prohibit virtual currencies. The only legal currency in China is RMB. Since the people's Republic of China issued RMB, it has lasted 71 years. With the development of economic construction and the needs of people's life, it has graally improved and improved. So far, it has issued five sets of RMB, forming a multi variety and multi series monetary system of paper money and metal money, ordinary commemorative money and precious metal commemorative money
except for 1,2,5 fen coins, the first, second and third sets of RMB have been withdrawn from circulation, and the fourth set of RMB has been suspended from circulation since May 1, 2018 (except 1 jiao, 5 jiao notes and 5 jiao, 1 yuan coins). The current circulation of RMB is mainly the fifth set of RMB issued in 1999
the people's Bank of China is scheled to issue the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes and 1 yuan, 5 jiao, 1 jiao coins of the 2019 edition from August 30, 2019. The fifth set of RMB inherits the traditional experience of China's printing technology and draws lessons from the advanced technology of foreign banknote design, which has greatly improved its anti-counterfeiting performance and currency processing modernization
Chairman Mao Zedong's head portrait in the early days of the founding of the people's Republic of China is used on the front of each denomination currency, the famous Chinese flower pattern is used on the bottom, and the main scenery pattern on the back fully shows China's long history and magnificent mountains and rivers, and carries forward China's great national culture by selecting representative patterns with national characteristics
In my opinion, we can start with mainstream value currencies such as BTC now. Judging from the trend of BTC in the past year, it is basically at the bottom now. Even if it is possible to fall further, it will not fall too much. Ten years of history shows that BTC is certainly valuable, and BTC will definitely appreciate in the future. After all, it is the gold of the currency circle, which is rare and has the greatest consensus. The above is just a personal statement and does not constitute an investment proposal. Investment should be cautious! Finally, I declare that if you lose money by investing in virtual currency, I will not bear any legal responsibility
According to reports, hot concepts such as "original stocks, charity, consumer rebate, virtual currency" and "blockchain, crowdfunding" are often used as gimmicks by pyramid schemes. In 2017, in the cross-border network pyramid selling case of "Vicat" detected by Zhuzhou Public Security Bureau in Hunan Province, "Vicat" played with the concept of "virtual currency"
in September 2017, seven ministries and commissions, including the people's Bank of China, jointly issued an announcement, stressing that no organization or indivial may illegally engage in token issuance and financing activities. All banking institutions and non bank payment institutions shall not carry out business related to token issuance and financing transactions. The people's Bank of China pointed out in the relevant risk warning that it has not issued legal "digital currency", nor has it authorized any institution or enterprise to issue legal "digital currency". The so-called "digital currency" in the market are all non legal "digital currency". The so-called "digital currency" launched by some institutions and enterprises or the promotion of the central bank's issuance of "digital currency" are suspected of fraud or pyramid selling. Source: Legal Daily
No. Virtual currency with good operation and investment will survive for a long time and will not go bankrupt in a few months, such as bitcoin and internet currency of Internet companies
there are various types of virtual currencies. The virtual currencies with high acceptance abroad are Facebook's f currency, online game second life's Linden currency, etc., while the representative virtual currencies in China are Tencent's Q currency, Sina's u currency, online currency, Shanda Yuanbao, etc
virtual currency is different from check and telegraphic transfer. The value that virtual currency can't realize can't be transferred by bank. At present, it can only circulate in the network world. Virtual currency is released by various network organizations, and there is no unified issuance and management standard
2. The special currency issued by the portal website or instant messaging service provider is used to purchase the services in the website the most widely used is Tencent's q-coin, which can be used to purchase value-added services such as membership and QQ show
3. Virtual currency on the Internet. For example, bitcoin, Wright currency, 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
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%