Protect citizens' investment and consumption rights. Even if there is no super currency like Libra, in addition to Bitcoin, in the past few years, fraudulent investors have frequently occurred. However, in my country's national conditions, the population is large and gradually well-off, the investor group has increased, the awareness Buy gift cards with Bitcoinhas risen, the risk identification ability is limited, and the risk resistance ability is insufficient. Timely supplementation of legal digital currency can ease risks and enhance the protection of consumer interests. (Programmable execution of smart contracts)
Soon, BrockPierce took over the remaining 12% of Mt.Gox from Stellar/Ripple co-founder JedMcCaleb. According to industry rumors, McCaleb was facing internal and external attacks: internally, the team was busy with the stellar project, externally, Ripple's power was rapid, and the competition between the two reached its peak. In this case, JedMcCaleb agreed to sell the remaining shares for 1BTC.
Demirors pointed out that assuming Bitcoin is a hedged product, then theoretically, the TAM (target market) of Bitcoin should be very large. However, due to the immaturity of technology, the user experience of many cryptocurrency apps is not enough, so we have not been able to see large-scale popularization.
For each country/region, the U.S. dollar-denominated transaction volume on LBC is used and divided by the "number of people who may use Bitcoin", that is, "the number of people who can connect to the Internet." Then divide that number by the purchasing power parity adjusted GDP per capita to reflect the relative value of the country.
Bitcoin may be the purest example of speculative acceptance that mankind has seen so far. It is rapidly following the typical technological acceptance curve. The S curve is composed of technologically mature curves, which are repeated in a fractal manner. Each fractal repeat is about an order of magnitude larger than the previous one. Since reaching dollar parity, although the dollar’s gains have increased exponentially, the gains of each bubble against the previous one have been declining. There may be 2-3 hype cycles before Bitcoin approaches universal acceptance.
Judging from the time-sharing trend in recent days, since Buy gift cards with BitcoinBitcoin bottomed out at $5,755 on June 24, it is currently at the end of the adjustment of the fourth wave of time-sharing level. Since the pattern has been reversed, the fourth wave of correction here will not actually be very deep. The limit may reach the low point of the fourth wave near $7,250, and then the goal of the fifth wave is to attack the pressure zone near 9,000 points. Of course, this is only the trend of 5 small waves at the time-sharing level. After 5 small waves, the abc three-stage structural adjustment is ushered in. This is only an analysis based on wave theory on the medium and short-term level.
The previous decline in the digital currency market caused by the hard fork has caused widespread concern in the industry. There are opinions in the industry that the market decline is a process of eliminating industry bubbles. After the end of this round of adjustments, a large number of Aircoins that do not have a main network or a real economy will exit the market.