Bitcoin s 800 million funds disappeared in 15 minutes, where did all these funds go?

I think BitcoinThe vast majority of these 800 million funds should have flowed into the pockets of some capitalists, and the remaining small part went into the hands of those speculative stockholders. In my opinion, Bitcoin is more like a bubble economy, a game between capitalists with deep capital. Because even if the bubble bursts, they have enough means to get out, but it is different for us small stockholders, who are likely to lose money and go bankrupt.

People's consensus on Bitcoin is similar to antique calligraphy and paintings, and luxury goods, and the value of antiques and luxury goods is more about the people's recognition of culture and brand. The fundamental reason why people choose to buy bitcoin and are willing to hold it for a long time is that they feel that the current value of bitcoin is undervalued, and it will have a higher value in the future (in the long term).To put it in layman's terms, it will rise.

Due to the fluctuating increases, a large part of the funds do not exist in the first place, and only exist in people's imaginations。The other part of the money flows into the exchanges of this industry, or the pockets of some enterprises. In a sense, cryptocurrency investment is gambling in a short period of time, because for every transaction, the trading platform will take a part of the commission from it.

Therefore, as users, we still need to look at these things rationally, the sky will not fall in vain pie for us to pick up, we still have to focus on the present, we can't always keep our hands high and low, pay attention to those buildings in the air. The most important thing is to do what you are doing now.

It is possible that these funds have gone into the hands of some capitalists, none of whom are vegetarians.

These assets must have gone into the hands of the people behind the scenes, because we can't fight them, so our funds will be lost.

In fact, it still goes to the hands of some people, and those people will withdraw some of the money through the circulation of transactions.

Some of the funds will be left in the hands of the people behind the scenes, and some should have disappeared out of thin air, with heavy losses.

These funds are concentrated in the hands of some people, and a small number of people have cashed in these funds.

He may be like a money disk, and suddenly the capital disk bursts, and everything may be in ashes.

Bitcoin is a virtual currency and does not have a corresponding ** reserve to preserve its value. So its lower bound is 0

Then the appreciation of bitcoin is because of the addition of investors, the speculation is fried, just like I have 10 eggs, you have 10 eggs, the market value is 5 cents, and then we are in the vegetable market every day, you spend 2 yuan to buy me an egg, tomorrow I spend 3 yuan to buy you an egg, increase the price every day, naturally there will be other people who follow the trend to buy eggs and wait for the price to rise the next day, and then invest in more and more people to buy eggs, and finally I and you see the situation to sell the eggs in your hand **, withdraw from the vegetable market, The rest of the people in the market have become pick-up heroes, if there are no more people to take over, the people in the market will start to sell eggs at a reduced price in order to recover some losses, you can say that they can continue the routine to continue the routine You buy a day I buy a day, but after a long time, the market value of eggs is very high, not many people can afford such ** low-value items, and the risk is also very large.

Don't say more, pure hand, thank you.

From the first announced bitcoin exchange rate in 2009 to 1 dollar per bitcoin, it has risen to the highest point in 2017, which has increased by 20 million times, which can be called the world's largest bubble.

In 2017, when Bitcoin was speculated to the extreme, a three-bedroom apartment in Shenzhen was not worth 100 bitcoins, and a Mercedes-Benz S500 top match was not worth 10 bitcoins.

2017 is also the most beautiful year for people in the currency circle, and the myth of wealth creation has inspired countless latecomers, and funds from all walks of life have flocked to it. The speed of making wealth in the currency circle and the ease of making money are all unique examples that have never been seen before or after in the well-documented history of commercial finance of mankind.

And in the past few days, investors have heard the sound of Bitcoin collapsing.

On the afternoon of November 20, Bitcoin** broke through the $4,300 defense line, and RMB** fell below 30,000 yuan, hitting a new low.

In the past 24 hours, ** more than 17%.

In the past month, ** more than 30%.

In the past year, there has been a 77% slump.

Bitcoin's market capitalization has evaporated trillions of RMB from its 2017 highs.

Since last week, as Bitcoin broke the relative calm**, other mainstream digital currencies have fallen. In the past 24 hours, Ripple has fallen more than 9%, Ether** has fallen more than 10%, and most of the top 10 digital currencies by market capitalization have fallen by nearly double digits. The overall digital currency market capitalization has erased $700 billion from its all-time high in January.

Bitcoin**, largely caused by a split in the Bitcoin Cash (BCH) community.

BCH's hard fork is considered to be an important reason for Bitcoin's sharp decline, and the hard fork has been officially executed at 0:40 on November 16.

I just sent two comparison charts and didn't pass, so I'll express it directly.

18 years of bitcoin**, you can see through the zb platform, you said that the market value of bitcoin has evaporated by 1 trillion, at the same time, you can look at a share and the nasdaq index and the Dow, they are also ** in the same period, then we can understand that the entire financial market is not very good.

So now that the value of Bitcoin has recovered, it is more than 4 times that of the end of 18**, and what about A-shares and Nasdaq and Dow? There hasn't been much of a pick-up. So that's what happened.

One of the hottest topics right now is Bitcoin. Some people guess that the United States did it, some people guess that Finland did it, some people guess that it is the Japanese, and so on. In fact, none of this matters, the important thing is to know what it is for, what is the use, this is its essence, as long as you know its essence, you don't have to bother to guess what those behind the scenes dare not tell you, and ulterior secrets.

First of all, Bitcoin is a string of passwords, a string of symbols on the Internet, which can neither allow you to read any knowledge or any information, nor allow you to extract it and circulate. In the final analysis, it is a game that only enters and does not have any value, and has no meaning, which is equivalent to a person setting up a village, and some people around him say how this coin is, so that everyone can rush to buy it, it is childcare, it's as simple as that. In fact, it is a kind of gambling and pyramid scheme that is crazy all over the world on the Internet, the dealer does not need any cost to make a game, the participants are gamblers, but some people are smart enough to profit from buying and selling each other, but in the end the bets that enter the pool do not want to escape, all are the banker's, this is a good business without a book and ten thousand profits, sitting on the profits, it can be said that even the gods can not build a cash cow.

The dealer behind Bitcoin can use up the money that everyone has invested in at any time, because the money you put in will immediately generate the number **, like the money stored in the bank, and you can't withdraw it, so the bank doesn't have to return it to you, of course, the bank can use it casually.

Therefore, Bitcoin is a financial instrument and reservoir for harvesting the world.

Personally, I feel like it's a catastrophe because Bitcoin mining is a very non-energy thing.

Because I have a certain understanding of digital currencies before, and I have also participated in some digital currency hype. Therefore, on the issue of bitcoin mining, I myself am a relatively neutral opinion, and I will not forcibly oppose bitcoin mining, but such a large-scale bitcoin mining behavior will definitely seriously affect our social development, and I do not support the existence of such mining farms.

Now there are basically no bitcoin mining farms in the country.

We can understand this behavior as a one-size-fits-all approach, and it can also be understood as a very strict measure, although many people find this measure a bit reckless, but in my personal opinion, I think such a measure is very good, because Bitcoin mining itself is very electricity-intensive, and it is difficult for us to imagine that the electricity consumed by Bitcoin mining in a year can reach the total annual electricity level of a medium-sized country. <>

Many bigwigs in the cryptocurrency circle are very panicked.

Strictly speaking,Our current crackdown on bitcoin mining has nothing to do with the currency circle, because the entire blockchain market is divided into many groups, the people in the currency circle refer to the people who speculate on bitcoin, and the bitcoin mining refers to the people in the mining circle。But in any case, I think this measure is very good, because the virtual currency market is nothing more than a financial bubble, and actively puncturing the bubble can prevent many unknown financial risks. <>

Personally, I am very supportive of this measure.

At present, many mining farms are ready to relocate, and some bitcoin mining farms do not have the ability to relocate, so they can only choose to be forced to go bankrupt. I may be very supportive of these measures, and the virtual currency market may seem like it can and get rich, but for most people, the virtual currency market is nothing more than a tulip bubble that bankrupted many people overnight. I do not deny the importance of blockchain technology for our future social development, but I will never recognize the token behavior under the blockchain technology, the behavior of speculating tokens is no different from buying lottery tickets, and it is very not recommended for ordinary investors to participate.

It's a great opportunity to get the most bitcoins for the least amount of money, which is a great deal.

In the catastrophe, there are still many risks in these digital currencies, so in the end, in order to ensure people's safety and income, they choose to stop.

It is inevitable that it will be doomed, because the current bitcoin market is very unstable, so closing the mining farm is not a good thing for the bigwigs.

It is very likely that it is inevitable, because Bitcoin was so popular at that time, so people rushed to buy it, but now Bitcoin's ** is not very good.

Neither, it can only mean that there is a problem inside Bitcoin, so it will always be **, it is risky to touch Bitcoin, and they should be able to think of such a day.

From the moment of Bitcoin, the myth of the currency circle has been shattered, and people have seen the risk of Bitcoin speculation and no longer believe in the myth that Bitcoin will rise forever.

Since its birth, Bitcoin has risen all the way, from a few cents to more than $60,000, and some investors even believe that Bitcoin will continue to rise until hundreds of thousands of dollars. However, although Bitcoin has risen greatly, it has also gathered risks, and more and more people have liquidated their positions in the process of speculating on Bitcoin, which eventually led to the loss of their capital.

1. Bitcoin ****, the risk of speculation increases. Bitcoin **appeared**, from more than $60,000 to less than $50,000 all at once, causing many people who speculated on Bitcoin to blow up their positions, and these people not only did not make money by speculating on Bitcoin, but lost a lot of money.

The emergence of bitcoin actually proves that the risk of speculation behind bitcoin has intensified, and many investors want to settle in their pockets and are not optimistic about the future market, so they sell bitcoin, resulting in bitcoin in the market. <>

Second, Bitcoin has no physical support, and its ups and downs are very arbitrary. Bitcoin transactions can generally only be carried out on exchanges, these digital currency exchanges, are individual enterprises, so there is no limit on the rise and fall of Bitcoin, the ups and downs of Bitcoin can change dramatically in a short period of time. Many people make money one second and lose money the next.

There is no doubt that such exchanges and casinos without restrictions are entered by many people without any guarantees, so the rise and fall of bitcoin is very arbitrary. <>

3. Bitcoin is not recognized by major countries, and its value is nowhere to be reflected. Since its birth, Bitcoin has not been recognized by major countries in the world, and even many countries have cracked down on the speculation of digital currency, and Bitcoin cannot be traded and used in daily life, so Bitcoin is worthless, and is only recognized as a hype target. When countries around the world have their own digital currencies, Bitcoin will be withdrawn from the market.

Bitcoin is a virtual cryptocurrency. The coin itself has no value, and someone recognizes that there is value. Now it's been hyped up like crazy, and the bet has become bigger.

Due to its particularity, countries do not recognize its legitimacy, and they must consider that their own coin players are not allowed to prohibit it explicitly. It will never be a substitute for any country's fiat currency! Because the fiat currency of every country is controlled by the state.

It may also skyrocket**, and after a certain period of rise, it will stagtagnation, and other similar coins will appear. It has been derived with special features and is not going away. Some people think that it is a new variety of investment that can make quick money.

I advise general investors to only play a small amount and not to make a lot of money by investing in Bitcoin! Don't covet people who have made a lot of money, that's fate!

If it slowly stabilizes, it will be here to stay for a long time. If the development is too violent, it will be banned once it affects the economic operation of a certain country! In particular, if it affects the hegemony of the dollar, the United States will resolutely ban it. will cause a blood collapse!

Most likely, yes, because now Bitcoin has seen a large **, and now the outlook for the market is not very good.