Bitcoin Price first Super gold year rise 7600%__ Bitcoin

Bitcoin is like a rocket, and its rally constantly challenges everyone's nerves. Yesterday, Bitcoin traded on hot exchanges at a record high of $1242 trillion, at the same time gold (1251.40, 13.50, 1.09%) was an ounce of 1241.98 dollars, and the price of Bitcoin Mt.Gox gold.

Soaring

annual rise in 7600%

As of the beginning of November this year, the existing bitcoin has nearly 12 million units, and by 2140, there will be a total of 21 million units of bitcoin "unearthed". Bitcoin has become the hottest topic since the scarcity of numbers.

According to wind data, in mid-November, Bitcoin returned to people's eyes with a strong rally of nearly 100 dollars a day. On November 19 reached 800 U.S. dollar peak, bitcoin slightly retreated a few days later, and on November 27 to break 1100 U.S. dollars, and finally redouble our efforts to break 1200 U.S. dollars. Since this year, Bitcoin has risen by more than 7,600%.

　　worry about

The most feared flash in the pan

Guo Tianyong, a professor of finance at the Central University of Finance and Economics, said: "Bitcoin can be said to be a trade variety, can be counted as a currency, can also be counted as commodities, whether as a normal transaction demand, collection preferences, commodity investment, this demand in existence are understandable. "He argues that, because of the scarcity of bitcoin and the effects of monetary easing in some economies, it has partly contributed to the rise in bitcoin.

In fact, Bitcoin has not been soaring, and the world's largest digital currency has fallen by one-third in a matter of days, in connection with criminal activities such as drug trafficking.

Guo Tianyong said, need to remind consumers that once the currency out of the commodity currency, its value is the concept of people, when people feel that it has no value, the price of Bitcoin may be worthless, the concern of Bitcoin, should not be profiteering for the purpose.

　　Reminders

Speculators are at high risk

Yi Gang, deputy governor of the People's bank, said earlier in a forum that it was impossible to recognise Bitcoin's legitimacy from the standpoint of the People's Bank.

Some people in the industry believe that the country has not been recognized by the varieties of madness is only a flash in the pan, not to mention bitcoin for the global economy has not touched the core value of the benefits, also did not promote the inevitability of economic development. Bitcoin is only a virtual product, although the output is fixed, to meet the rare attributes, but when the dealer hype ended, Bitcoin price will Yixieqianli.

In addition, although bitcoin is fierce, but because there is no rise and fall restrictions, trading all day open, if the server closes, bitcoin holders will only be left with a string of binary code. At the same time, the virtual asset lacks physical existence, has the extremely strong fragility, if the issuer's trust is bankrupt or is stopped, the digitized bitcoin will depreciate unceasingly.

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