A. Musk is known as “the leader of the currency circle”, is it possible for the current “big crash” in the currency circle?
Musk is known as the leader of the currency circle, but now if the currency circle is “big crash”? If there is a need for a big crash, there are still certain conditions. If these conditions are not met, there is no possibility of a big crash at present. Of course, this is just my personal opinion, and investment still needs to be done with caution.
At present, there is still a possibility of a big crash in the currency circle. Why do you say that? This is mainly because virtual currency is not premised on value and credit. As long as the big dealers collectively sell when the price rises, it will definitely cause panic among many people and eventually lead to a big crash. At present, the most popular virtual currency on the market is called Dogecoin. 30% of the share of Dogecoin is held by an individual or entity. As long as this individual or entity sells all the coins when Dogecoin rises , then there will be a direct collapse of Dogecoin, and at the same time, it will also cause a great blow to other virtual currencies. This is what I think is the possibility of a big crash.
No matter how high Musk’s influence is or whether the currency circle has the possibility of a major collapse, if the current speculators enter the currency circle again, it is very likely that they will be harvested at any time. After all, virtual currency has already When you reach a relatively high position, there are nine out of ten if you go in now, you will still be cut by the first coin holder.
B. The currency circle collectively collapsed, 220,000 people liquidated their positions, this is what happened
The currency circle collectively collapsed, 220,000 people liquidated their positions, encrypted There was a panic-like crash 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.
C. Top 20 exchanges in the currency circle
2017-2019 There are various types of exchanges, large and small exchanges have sprung up like bamboo shoots after a rain. After two years of shuffling, the exchange is currently in three echelons;
The first echelon: BNB (Binance) OKB (OK) HT (Huobi)
The second echelon: Bkex (currency guest) Biki MXC A network Q network China currency Gate.io K network
The third tier: other various small exchanges
Currently the first tier of exchanges is in Booming development, the second echelon is in hot pursuit on the basis of continuous innovation, and the third echelon is also seeking new development directions.
At present, the basic business of exchanges is similar, mainly looking at services, user experience, and innovation (new gameplay).
Personally, I am optimistic about the Bkex Global platform. He was born in 2018 and is already growing up. He will definitely be incorporated into the first echelon in the future, let us wait and see! ! !
D. What is opening a position in the currency circle
Opening a position in the currency circle is also called opening a position, which refers to a trader’s new purchase or new Sell a certain amount of digital currency.
E. The richest man in the currency circle invests 100 times in bitcoin. Bitcoin is like a stock. How does an ordinary person become a big guy in the currency circle?
I think as an ordinary person , don’t think about how to become a big boss in the currency circle, let alone invest in Bitcoin, because this is a very risky thing, and there is no need to put yourself into financial risks because of such a thing.
Many people will envy the skyrocketing rise of bitcoin, thinking that if they bought bitcoin, they would be a millionaire now, but there is no if in life, and there is no so-called regret medicine. The current price is very high, so just thinking about the future price of Bitcoin is a very immature investment concept.
Bitcoin down payment investment Bitcoin has benefited 100 times.
This news makes many people feel particularly excited. Many people will think that if they bought bitcoin at the beginning, they would have become a multi-millionaire now, but I think this kind of thinking is very naive, in other words , There are very few people who can achieve such achievements. What you don’t see are some very miserable people. They have failed to invest in Bitcoin and have caused financial crisis. At this time, you should also consider it.
F. Which forum does the currency circle usually go to?
telegram, qq, weixin, Babbitt Forum, Twitter, Zhihu, Knowledge Planet, and Tieba. . . There are many communication platforms
1. ��It is illegal to have financial services approved by the China Securities Regulatory Commission and the China Banking and Insurance Regulatory Commission. As the concept of blockchain was put forward and became popular, there are Bitcoin, Litecoin, Ritecoin, etc. in China. The benefits of these have been blown away. People who listen to it will be jealous, and they will have a new fantasy. This is just a Ponzi scheme. It will fool investors into asking you to enter the urn. After defrauding investors’ funds, it will be a series of numbers. , Investors keep adding chips, and eventually they cannot cash out.
2. China belongs to a gray area for this area. China’s stock market is not yet developed, and the Shanghai Composite Index is only around 3400 points. Compared with the US Nasdaq Index and the Hang Seng Index, it is too small. Even the state-recognized trading and investment market is still in the growth stage. Of course, the transaction is illegal, and the state is also vigorously regulating the financial transaction market to prevent investors from being deceived.
3. Earnings are inflated. The average annual rate of return of the stock god Buffett is only 20%. Why is there only this? Because he understands the laws of market investment. The first is that eggs cannot be put in one basket to diversify risks, and the second is that any income that does not conform to the norm is false. of. That is, the returns are excessively inflated, and the investment is just a string of numbers beating. There is no regulatory legal department. It can change how it wants, and investors will only be played in the dark.
4. Generally, one is issued by a team or company when it is issued, and the number, cycle and method of issuance will be explained in the white paper. For example, the team of V God released eth, the current total circulation is a little more than 100 million, the total number of bitcoins issued is 21 million, etc..
If you can manipulate the currency price or affect the currency price to a certain extent, it is For the bookmaker, as long as you have money, you can buy a lot of money through the exchange to raise it and sell it at a high level to collect leeks. There are more dealers.
So merchants or merchant groups with more funds, account holders with more coins, etc.
5. The total number of bitcoins is 21 million, which will be mined in 2140, and the mining speed will be halved in four years , Bitcoin has now mined a little over 13 million. Bitcoin was invented and created by a person named Satoshi Nakamoto, who disappeared from the Bitcoin circle after 2010, and no one knows who this person is.
The graphics card mines Bitcoin, which was possible in the past, but now there is almost no profit in using the graphics card to mine. Of course, if your electricity is free, it is ok. The graphics card mining you mentioned is the second stage of Bitcoin mining. The first stage is to use CPU mining, which is an ordinary computer. The second stage is the graphics card mining you mentioned, commonly known as graphics card burning. At present, it has entered the third stage of ASIC mining. At this stage, the computing power is extremely high, the mining income is very low, and the mining cost is almost close to or even higher than the currency price. At present, the profit of large-scale mining farms mainly depends on the energy consumption of mining machines and the advantages of electricity prices.
6. Bihao is a company located in Singapore. What it and its operation team insist on are: strict review of the currency listing mechanism, Only the popular coins with potential are listed. The team of this platform, which aims to provide the best user experience and access to asset enhancement, has this promise, and it does.
G. How does the currency circle make money?
About digital currency, tell me your opinion, listen to it, and laugh it off if it doesn’t make sense.
Currency, as a measure of value in a transaction, does not necessarily have value in itself, it can only be used as an intermediate unit of measure. It is as if my country only has RMB as legal tender, which means that government guarantees have value. If it is like those war-torn areas, ten pounds of currency may not be able to buy an egg, which is the reason.
Speaking of digital currency, digital currency, until now, no country has recognized it as the currency in circulation in its own country. It seems that last year or the year before, our country also banned some, so in this case, digital currency, only You can sell at a higher price than you bought it, and you can make money. But digital currency itself does not have any value, and unlike stocks, it is your ownership of a listed company. So, when you can’t find someone to buy digital currency, it’s worthless.
Ponzi scheme in history, Dutch tulips, when they were the most expensive, a tulip was worth buying a house, and when no one bought it, all the tulips rotted. Get a potato. Therefore, Buffett said that digital currency is a bubble and a scam, and it is estimated that this is what he thinks.
In addition, there is a saying in the stock market that when the aunts of the vegetable market start discussing stocks, it is the time when the stock market peaks. I think the same applies to digital currencies, when a lot of people are talking about how to make money.�When you can make a lot of money, you have accumulated a lot of risk. At this time, if you go in, you may be trapped.
H. What is pulling and smashing in the currency circle
The currency circle is the natural circle formed by digital currency players.
Pulling: It can be simply understood that the main force will raise the price of the currency after a period of accumulation (for example: the price of 1 yuan will be pulled to 2 yuan, 3 yuan, or even higher prices)
Smashing the market: It can be simply understood that the main force will distribute chips at a high level after pulling the market (sell the chips), causing the currency price to fall (for example: the currency price was originally 10 yuan, and it has been falling, falling to 9 yuan, 8 yuan, 7 yuan Block, 5 blocks, etc.)
Reminder: The above content is for reference only, investment is risky, and the choice should be cautious. According to the notices and announcements issued by the People’s Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have currency attributes such as legal compensation and mandatory, is not currency in the true sense, and does not have the same legal status as currency. It should not be used as currency in the market, and citizens’ investment and trading of virtual currency are not protected by law.
Response time: 2021-04-28, please refer to the official website of Ping An Bank for the latest business changes.
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I. Each There are several dealers in the currency circle
There are countless dealers behind each currency, large and small, currency exchange, and digital currency trading platforms.
J. What does Mentougou mean in the currency circle
What is “Mentougou”? “Mentougou” is the Chinese translation of MT.Gox, and MT.Gox is a bitcoin exchange located in Tokyo, Japan. It started bitcoin trading business as early as 2010 and is one of the earliest platforms to participate in this business. Due to its early participation and few competitors, it was once the largest bitcoin exchange in the world at that time, and its transaction volume accounted for as much as 80% of the world’s total. Many Chinese bitcoin users also started trading on MT.Gox. Trading, MT.Gox is very popular for a while.
In February 2014, MT.Gox announced on its website page to stop trading and subsequently filed for bankruptcy. A document circulating on the Internet revealed the immediate cause of its collapse: a total of 744,000 bitcoins were stolen due to the attack, and this loss went undetected for years! According to the bitcoin price at the time, these stolen bitcoins were worth about 350 million US dollars. If we look at our current bitcoin price, 750,000 bitcoins are worth about 6.6 billion US dollars!
Whatever the reason, these 744,000 bitcoins no longer belong to the users of “Mentougou”. What makes people unbelievable is who does the stolen coins end up in? Is it really impossible to trace the whereabouts of a transaction through the blockchain? Decentralized technology has been defeated by centralized exchanges.
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