Bitcoin rose above 280,000, who is behind it?

<>In the past month, the value of Bitcoin has soared from 10,000 US dollars to 10,000 US dollars, and the price has risen amazingly.

It's insane! Bitcoin broke through 10,000 US dollars yesterday (26th), and today it went straight to 10,000 US dollars, once rushing to around 10,000 US dollars, which made many veterans in the currency circle exclaim ......A senior executive of a digital currency exchange told the reporter of the International Financial News.

Since December 2020, Bitcoin has continued**, and the unit price has risen from more than $20,000 to more than $10,000 in just ten days. At around 19:00 on December 27, Bitcoin broke through $28,000, a 24-hour increase of 13%.

Even insiders in the currency circle have made no secret of the fact that Bitcoin's skyrocketing price has become a big bubble, but driven by the world's sky-high liquidity, Bitcoin has become a "rigid bubble". However, compared to the Bitcoin rally three years ago, this time it seems to be different.

Unlike all existing currencies, Bitcoin does not rely on a specific monetary institution to issue it, it is generated according to a specific algorithm and through a large number of calculationsThe Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptography to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself ensure that the value of the currency cannot be artificially manipulated by mass-producing bitcoins. The biggest difference between Bitcoin and other virtual currencies is that its total amount is very limited and extremely scarce.

Traditional institutions have a large number of bitcoins, making bitcoins rise and fallThe deep-seated reason behind this is the change in the global macroeconomic situation this year。On the one hand, due to the impact of the epidemic, the global economic recovery will slow down in the coming year; On the other hand, the central banks of Europe and the United States have launched extremely loose monetary policies, pushing up inflation expectations in financial markets. The combined balance sheets of the Federal Reserve, the European Central Bank and the Bank of Japan have exceeded $22 trillion, and we are witnessing the largest global fiscal expansion since World War II.

However, this expansion may continue into 2022, because the debt burden is too heavy and interest rates remain low so as not to lead to fiscal problems. In developed countries, the pandemic has also contributed to the organic coordination of monetary and fiscal policies. Perhaps after the epidemic is over, the global economy will begin to recover, and Bitcoin will begin to sell in large quantities, and Bitcoin** will slowly come down.

I think it's everyone, the reason why everyone has raised Bitcoin to such a high price is because of each other's speculation, mutual speculation, and mutual speculation, to achieve such a result.

This should be the boss behind it, or their operating shareholder, this is possible, because this kind of thing itself has a behind-the-scenes manipulator.

Bitcoin developers. Because Bitcoin is a virtual currency that has been developed, the developers have increased the value of this currency.

I think it should be those capitalists, after all, this kind of thing can't be operated by ordinary people, and it is definitely not a person, it should be a team.

Bitcoin falls below $20,000, which not only has the potential to lead to the demise of the entire cryptocurrency circle, but also to the bankruptcy of many speculators.

1. Bitcoin fell below $20,000 <>

According to the latest news from Bitcoin, the current market of Bitcoin has fallen below $20,000, and Bitcoin's ** in the same period last year was about $5 60,000 per coin, but this year's ** is indeed a bit worse. What is even more shocking is that more than 100,000 people have been directly liquidated, which means that speculators have nothing, but more people want to pay attention to the specific impact on the currency circle, which is briefly described below.

Second, this will directly lead to the demise of <> currency circle

This situation will directly lead to the demise of the currency circle, and it took more than a year for Bitcoin to fall from $60,000 to $20,000, which means that Bitcoin has been falling endlessly at most; But for other virtual currencies such as Dogecoin, not only do they have no value on their own, but the hype market is not as hot as Bitcoin, and the resistance to falling blows is not as strong as Bitcoin's. In this long-term ** trend, the B circle will eventually die out, and at the same time, it may die for a long time, which is also a fact we need to see and should be prepared.

Third, this will also drive many speculators to go bankrupt <>

There is another side that we also need to see, as I just said that after Bitcoin fell below $20,000, many people directly liquidated, which means that many speculators have gone bankrupt; At a time when economic pressures are enormous, incomes are more volatile than ever before, and incomes are declining, which means that speculators will not only go bankrupt, but also have no chance of a comeback. On the flip side, this may lead to the beginning of value investment, after all, the current development of production and manufacturing is relatively rapid, and after withstanding the pressure of the epidemic, the high-end manufacturing industry is promising, and I believe that the corresponding rich people will turn to their own investment direction.

It will lead to an increase in the risk of virtual currency, and then it will also lead to liquidation, which will also lead to losses, increase the liquidity crisis of digital assets, and there will also be financial turmoil.

Affecting the development period of virtual currency will also lead to the value of virtual currency**, and will also lead to the impact of **market, which will lead to the impact of expenses and will also lead to cost reduction.

Because Bitcoin is the guarantee for the issuance of many other virtual currencies, other virtual currencies will inevitably suffer a chain reaction of a large **. In addition, the situation of the mining circle is still unclear, mainly depending on the actual cost of mining by miners, when the miners are unable to make ends meet, the shutdown of the mining circle will become the norm.

It will be a currency**, and it will also break the psychological defense of investors, and it will encounter a crisis of capital flow.

Bitcoin fell below 20,000 US dollars, and the people of 10,000 coins were "bloodbathed", why is the investment risk in the currency circle so great, first of all, because the investment of virtual currency and a lot of investment disks are some illegal financing disks, and secondly, the investment in virtual currency may have black box operations, and secondly, many investors in virtual currency often like to blindly follow the crowd to sell or buy the corresponding virtual currency, and the other is that the ** of virtual currency can not fully reflect her gold content in many cases. It is necessary to explain and analyze from the following four aspects why the investment risk in the currency circle is so great when Bitcoin falls below $20,000 and thousands of coins are "baptized".

First, because the investment in virtual currency and many investment disks are some illegal financing disks

First of all, because the investment in virtual currency and many investment disks are some illegal financing plates, teammates virtual currency is often some illegal investment disks, and the operators of these investment disks are mainly to meet long-term development needs.

2. There may be black-box operations in the investment of virtual currency

The investment of virtual currency may have black-box operations, and the company's operators who correspond to the trading disk may have some black-box operations for virtual currency, and at some specific times, they will choose to let some internal personnel of the company influence the corresponding ** increase.

3. Many investors in virtual currencies often like to blindly follow the crowd to sell or buy the corresponding virtual currency

In addition, many investors in virtual currency often like to blindly follow the crowd to sell or buy the corresponding virtual currency, and many investors in virtual currency like to blindly follow the crowd to do what they think is more secure, but in fact there is a lot of loss.

Fourth, the ** of virtual currency can not fully reflect her gold content in many cases

In addition, the virtual currency can not fully reflect its gold content in many cases, and for virtual currency, they have no way to fully reflect its gold content in many cases, mainly because there are many economic bubbles.

Notes that investors in virtual currencies should do:

Awareness of risks should be strengthened.

Because there are a lot of things that are faced by investment in the cryptocurrency circle, it may face legal risks, policy risks, platform risks, and personal risks, so the risks will be very large. Grilled.

Because there is a risk of transaction obstacles, and there is also the risk of being suspected of illegal fundraising, it has been hovering on the edge of the law, which will make your property lose money.

Any investment industry is very risky, but it depends on the high standard of your investment or the amount of money invested, if you invest more money, then the greater the risk will be disturbed.

Bitcoin fell below $20,000, 10,000 people were baptized in blood, and as of 10 o'clock on August 28, 2022, a total of 19,060 people were starved and liquidated in the past 24 hours, with a liquidation amount of 100 million yuan. Judging from the liquidation situation, the losses in the crowd are more investors who are waiting and watching the market, but there are still 20% of short orders that are liquidated. From this point of view, the **skyrocketing** market, whether it is short or long investors, has suffered a "double whammy".

In addition to the changes in the currency itself, there are few recognized ways to measure the value of virtual currency in the market, and the attitude of each country towards its regulation is also different. In addition to short-term news, since 2022, under the background of repeated outbreaks, Fed interest rate hikes and Russia-Ukraine conflicts, the instability of the international economy and politics, and the uncertainty of the international situation have made virtual currencies **constantly**, and the UST implosion is a stable currency that may make virtual currencies**, which makes the entire currency market shrouded in a shadow.

The subsequent monetary cycle** will continue to fluctuate significantly, and Ethereum may merge in mid-September, changing the consensus mechanism, which may lead to short-term high volatility of virtual currencies, uncertainty in the currency circle or investors leaving virtual currencies in the short term. It should be noted that under the collapse, the ** of the monetary circle is also intensifying. The industry has been looking forward to the recent development of the virtual currency market.

Among them, the main reasons are that the Fed's interest rate hike has increased the valuation of mainstream credit currencies, the bubble of virtual currencies as a risk asset has burst, and the superposition of regulations in various countries has weakened the expectation of the payment function of virtual currencies. As a result, virtual currency speculation may come to an end.

Virtual currency transactions have been explicitly prohibited, and the follow-up policy will crack down on the B-side of currency trading services on the one hand, and further prevent virtual currency transactions from being linked to financial payment institutions on the other hand. In addition, the private transactions of C2C users will also be subject to severe investigation. Therefore, participants need to know that since virtual currencies are not supported by law, these private virtual currency transactions have little legal protection, and C-end investors should stay away from them to prevent fraud.

Investors trading overseas should also be wary of the risks of virtual currencies.

The main reason is that the situation of the expansion of the travel code is too serious, coupled with the signal that the US banks are going to raise interest rates, coupled with Powell's untimely speech, which caused the volatility of Mo Qing to be very serious, which will lead to such a situation.

The main reason for this situation is that the large amount of bitcoin has caused a very serious blow to the development of the current world economy and the development of virtual currency, and it has also caused many citizens who buy bitcoin to have their property hit very badly.

The Federal Reserve has been raising interest rates, and the United States has issued a large amount of money, which has affected the economic market.

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.