The latest news in the currency circle on December 7

1 The collective collapse of the currency circle, where will the future of the currency circle go?

Recently, a news of “the collective collapse of the currency circle” has aroused heated discussions among netizens. There is a lot of uproar on the Internet. So, where will the future of the currency circle go? I think there are three possibilities. The first possibility is to usher in strong supervision. Because the current virtual currency market is not regulated, this has led to Musk being able to manipulate the market at will. The second is that the bubble bursts. As the main uptrend ends and begins to fall, people’s enthusiasm for virtual currency will also be greatly reduced. The third is to continue to maintain the status quo, whether to rise or fall, and continue to harvest leeks. So what is the specific situation? I’m here to share my opinion with you.

I. Strong supervision

The first possibility is to usher in strong supervision. This time, the virtual currency encountered a strong blow from the domestic government because it always rose and fell sharply, resulting in many people’s liquidation and loss of property. In order to prevent more people from liquidating their positions, the government chose the thunder method of beheading. In the future, fewer Chinese people will participate in virtual currency transactions. And if Musk’s market manipulation behavior is regulated, he will be caught talking and even fined ten times.

The above is my opinion on this issue, which is purely personal and for reference only. If you have any different views, you can leave a message in the comment area, and let’s discuss together.

2 The currency circle collapses, where will the currency circle go in the future

The currency circle collapses, and it is difficult for the currency circle to return to the original hot scene in the future, and those who enter this market hype There won’t be too many people, and a lot of cryptocurrencies will disappear.

After the birth of cryptocurrencies, due to artificial speculation, the price has been soaring, especially Bitcoin, which has risen to tens of thousands. Many people are tempted to get rich overnight and enter the cryptocurrency hype market, buying a lot of cryptocurrencies, hoping to get rich overnight, but many people have not had time to get rich, the crash came first, and the currency circle suffered heavy losses overnight. Many people went out of their positions, and the currency circle collapsed and became a hot search.

The future of cryptocurrencies led by Bitcoin has become a question for many people.

Three, the cryptocurrency plummets, the market will gradually shrink, and a large number of cryptocurrencies will disappear in the future.

After the popularity of cryptocurrencies, many people issued various air coins in order to make money. These air coins are worthless, and they don’t even have actual projects behind them. Therefore, when the currency circle plummeted, the prices of such currencies fell all the way. , and even some cryptocurrencies have been cleared. In the future, many cryptocurrencies will disappear in the currency circle, and people will no longer see them.

The collapse of the currency circle has caused people to clearly realize that the currency circle is not suitable for investment, and the currency circle will not develop in the future. If you have any other views on this, please leave a message for discussion.

⑶ The collective collapse of the currency circle, what is the situation

Recently, a news of “the collective collapse of the currency circle” has aroused heated discussions among netizens , There is a lot of uproar on the Internet. So, why the collective collapse? I think the trigger for this incident was Musk. Because of Musk’s recent remarks, virtual currencies have skyrocketed and plummeted. Second, the main reason is that the three major associations have joined hands to rectify virtual currencies, began to cut off the trading channels of RMB and Tether, and began to ban mining companies. Third, this caused a bloodbath in the market, with more than 200,000 people liquidating their positions, evaporating tens of billions. So what is the specific situation? I’m here to share my opinion with you.

One. Fuse

The fuse of this time must belong to Musk. Musk’s influence on the market is really great. It’s not so much a virtual currency as it is a mark. Musk used his influence on the market to repeatedly bullish and bearish virtual currencies for free. This led to a sharp rise and a sharp fall. And this time, the three major associations began to rectify virtual currency for such behavior, which led to a plummet. Musk’s influence is really too great.

The above is my opinion on this issue, which is purely personal and for reference only. If you have any different views, you can leave a message in the comment area, and let’s discuss together.

⑷ The latest news in the currency circle What is the current situation of FcD?

The current situation of FcD is that the market does not need such a complicated combination of technical indicators and analysis methods. Have you clearly realized that the market is a trading field of human nature, and the market trades people’s hearts, which are fickle and non-mechanical, and countless people gather together to form an unpredictable and complex system?

Digital currency is an unregulated, digitized currency that is usually�Published and managed by developers, accepted and used by members of a specific virtual community.

The European Banking Authority defines virtual currency as a digital representation of value that is not issued by central banks or authorities, and is not linked to fiat currency, but because it is accepted by the public, so Can be used as a means of payment, or transferred, stored or traded in electronic form.

Because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by virtual currency spam.

Digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects. Since it comes from some open algorithms, digital currency has no issuer, so no one or institution can control its issuance.

⑸ The collective collapse of the currency circle, 220,000 people liquidated their positions, will the virtual digital currency market continue to be optimistic?

The collective collapse of the currency circle, 220,000 people Analysis of the situation of liquidation has further deepened the concerns of outsiders about virtual digital currencies, and their market has gradually been recognized and less optimistic.

The fourth reason is that virtual digital currency has the characteristics of insecurity. To put it bluntly, this kind of virtual digital currency without physical support is just a string of data on the Internet. This data situation is very vulnerable to hackers. In fact, virtual digital currency has indeed been subjected to a lot of attacks. For the theft of the hacker, there is no way to give a certain amount of investigation afterwards. For those customers who have stolen virtual digital currency, it is completely the result of self-confidence.

⑹ The virtual currency crashed across the board, Bitcoin plummeted 12%, what happened to Ethereum and Dogecoin

Recently, a “virtual currency crashed across the board” The news aroused heated discussions among netizens, and there was a lot of uproar on the Internet. So, what about Ethereum and Dogecoin? And why the plunge? First of all, as the leader of virtual currency, Bitcoin will basically be shocked when it falls. Therefore, the situation of Ethereum and Dogecoin also experienced a sharp decline. So what is the specific situation? I’m here to share my opinion with you.

1. The situation of Ethereum and Dogecoin

First of all, we all know that Bitcoin is the most prominent in the currency circle. In the previous time, Bitcoin generally rose and fell, basically other coins followed. In the same way, this time is no exception. In this Bitcoin crash, Ethereum and Dogecoin also crashed.

The above is my opinion on this issue, which is purely personal and for reference only. If you have any different views, you can leave a message in the comment area, and let’s discuss together.

⑺ Is the currency circle a bear market or a bull market in 2020

It is biased towards a bear market.

Recently, I have seen a lot of positives, whether it is the trust of ETH or Wall Street institutions or fund companies buying BTC, or writing articles about how good BTC is, this is a historical trend, and the situation facing the world now It is to keep printing money to deal with the economic downturn, causing the devaluation of the legal currency, and purchasing BTC as insurance against inflation is the choice of many institutions in the future. Although the amount deployed by these institutions generally only accounts for 1%-5% of the total amount, this is quite remarkable. In the future, buying BTC will be a major trend for global institutions, and more and more fund institutions will choose to buy BTC. , this is an unchangeable general trend!

BTC is still the best-performing asset in the world this year, so we must have full confidence in this. In my opinion, it is the most exciting year in the past few years, and the follow-up is also the most anticipated year, including the innovation of Defi, and the development and upgrading of blockchain technology, represented by ETH, Polkadot, Near, etc. I believe that the public chain will bring about a major upgrade in the underlying technology changes in the subsequent currency circle as a whole.

⑻ The currency circle collectively collapsed, why did the virtual currency suddenly collapse?

The currency circle collectively collapsed. It fell back, and its value itself was not as high as that, so it suddenly collapsed. Bitcoin is different from traditional currencies. Whereas traditional currencies are issued by governments, Bitcoin exists only in the network and is generated through a specific program. There is a special kind of person called “absenteeism”. Anyone can be an “absentee”. You only need to contribute the computing power of the CPU, and the “miners” will work hard to solve super-complex mathematical problems. With the answer, Bitcoin will be used as a reward.

⑼ The collective collapse of the currency circle��, 220,000 people were liquidated, what happened

The bloody storm! The currency circle collapsed collectively, and 220,000 people were liquidated! Bitcoin fell below the $39,000 mark, a 24-hour drop of more than 14% and a 40% drop from its all-time high set in April this year. In addition, Ethereum fell below the $2,900 mark, a drop of more than 17%; Binance Coin, Dogecoin, etc. all plummeted by about 22%. There has been a crash in virtual currencies in recent days.

Bitcoin is a self-described digital currency. However, most Bitcoin users use it as a tool for speculative investing, not a commodity. The fact that the public is increasingly concerned has led to an increase in demand for Bitcoin, while the amount of Bitcoin actually used to buy goods has remained the same. The trading graph shows that many Bitcoin users bought it as a speculative tool. So there is a risk of collapse.

⑽ The collective collapse of the currency circle, 220,000 people liquidated their positions, this is what happened

The currency circle collectively collapsed, 220,000 people liquidated their positions, cryptocurrency A panic-like crash occurred across the board.

The sharp rise and fall in the price of Bitcoin has created many speculators, which further increases the risk of Bitcoin. This price volatility, and the severe deviation between Bitcoin’s price and price, has left Bitcoin holders with huge losses when things go wrong. Secondly, it will also be affected by the policy. The China Internet Finance Association, the China Banking Association and the China Payment and Clearing Association jointly issued a notice on preventing speculative risks in virtual currency transactions. The announcement emphasizes that financial institutions, payment institutions and other member units shall not use virtual currency to price products and services, and shall not directly or indirectly conduct business related to virtual currency. In fact, many central banks have tightened bitcoin trading before.

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