Supervision is officially on the agenda, BCH is making trouble again, and the cliff-like plunge of Bitcoin is still far away
Important data:
Important data:
On November 8, the 2019 Trusted Blockchain Summit was held in Beijing. Di Gang, deputy director of the Digital Currency Research Institute of the People's Bank of China, was invited to speak. He said that the Digital Currency Research Institute of the People's Bank of China has accumulated and applied practice in the fields of financial technology and blockchain for many years. The central bank's trade finance blockchain platform was successfully launched in Shenzhen on September 4, 2018. As of the end of October 2019, 29 banks participated in the promotion and application, with 485 outlets, and the business volume was about 75 billion yuan. At present, a memorandum of cooperation has been signed with the Hong Kong trade linkage platform under the Hong Kong Monetary Authority, and the cross-chain docking work between the central bank's trade finance blockchain platform and Hong Kong's first cross-bank trade linkage blockchain platform has been started. For the blockchain, it is necessary to raise awareness and attach great importance to technological development; to clarify the concept, currency and chain cannot be confused, and blockchain is not equal to Bitcoin. In addition, multiple dimensions such as market development, risk controllability, and legal compliance should be considered comprehensively to promote the vigorous development of "blockchain +". Pay attention to the privacy protection of business information and personal data. The technology adopted by the blockchain should consider the problems to be solved, and what kind of innovation can be brought by the adoption of the blockchain. Practice has proved that the blockchain technology is not achieved overnight. It is undeniable. Blockchain technology is still in its early stages, and facing issues such as security, standards, and compliance, it is necessary to calmly think about how to make blockchain resolve industry pain points and serve the real economy.
First, the Hong Kong Securities Regulatory Commission issued the "Position Statement: Supervision of Virtual Asset Trading Platforms".
The licensing and supervision part stated that the Hong Kong Securities Regulatory Commission is empowered to grant licenses to those who carry out "regulated activities" as defined in the Securities and Futures Ordinance. According to its current description, none of the top exchanges in the current currency circle can obtain a license-the platform involves security token transactions, and the platform has futures contract business.
Recently, the management is steadily promoting the layout of digital currency-related fields, and Hong Kong is an important part of it-inheriting the role of RMB offshore trading center, it must not only play a role in the internationalization of RMB, but also play a role in the next digital currency of RMB. important role in currency internationalization. Judging from the content released by the Hong Kong Securities Regulatory Commission, the management’s first move is to establish Hong Kong’s digital currency trading status. It seems that the management intends to establish its own digital currency exchange or related offices in Hong Kong. In terms of trading ecology, this is an extremely important blow, and its influence will even exceed the total ban on ICO in 2017. Because this move will legally clarify the non-compliance of these exchanges (before there is no rectification), the management did not enter the blockchain and digital currency field before, so they can turn a blind eye. But now that he wants to be a leader in the field of blockchain and digital currency, how can he allow others to snore on the side of the couch, and the BISS exchange has been investigated, just to scare the chickens and monkeys, and there should be more actions in the future.
For exchanges in the current currency circle, there are only two options: compliance or concealment. If you choose the former, it will undoubtedly be a disaster for some altcoins on the market today, because exchanges will have to delist them based on compliance requirements, especially tokens with securities attributes. At the same time, the exchange has to cut off the contract business, which will undoubtedly be a pain in the flesh. And if you choose the latter, not only will you have to face legal punishment at all times, but it is also doomed to cause a large loss of users. If it goes on for a long time, it may be terrible. Then it means that the shock of the currency circle is inevitable!
Second, Ketuan Zhan is suspected of issuing a letter of war, which may once again set off a battle for the leadership of Bitmain.
Yesterday, an open letter titled "Let's work hard together to overcome the extraordinary period of Bitmain" was circulated in the circle of friends, and it was written by Zhan Ketuan. The letter stated that "Bitmain is our child, and I will do my best to protect her! I will take up legal weapons and prevent all conspiracies that try to harm and use Bitmain from succeeding! If someone wants war, we will give them war !"
Judging from the content of the open letter, the wording is not unreasonable, and Bitmain will probably start another good show next. But this kind of turmoil in Bitmain is definitely not a good thing for the market. In 2018, due to consensus issues, the forked currency BCH led by Bitmain forked out of BSV again. But now, Bitmain’s top executives diverge again, making people have to worry about something—if a token can be infinitely forked under the decentralized governance system, and generate extremely high “value (price) ", so decentralization is reduced to a joke. Is such turbulent decentralization what the market wants? You must know that BCH hard forked BSV last year, and BCH holders will get BSV at a ratio of 1:1, which is equivalent to free candy BSV. Now the price is as high as 137 US dollars, which is extremely unreasonable in my opinion.
secondary title
Interpretation of the status quo and future prospects of the currency circle
In the short-term, there is nothing to say about the bitcoin market, and there is nothing to look at. All real positions are all short positions. On the one hand, the profits are getting smaller and smaller, and on the other hand, the recent fluctuations are getting smaller and smaller. However, referring to history, there are indeed people who want to jump Come out to do things, the wind and rain are about to come, it is better to be cautious, but from a technical point of view, the market tends to fluctuate more in a weak range, and the technical analysis will not be repeated here. Well, one technical indicator is used more than one, and it is much richer than what I said simply. Here we will continue the previous method of looking at the market from the market and trend perspectives. The analysis given to you in the past few days has always been consistent. It is to enter the market boldly. Don’t be afraid of the arrival of the so-called big market. The market is still immature. It is not a big problem to break the so-called support pressure level. It is just how to enter the market or how to enter the market. It is true that I have gone this way, and I have been entering the market back and forth in the market range I gave earlier, and I must have caught a lot of long and short profits.
But having said that, the market is changing rapidly. The reason why I haven’t followed up with the new analysis in the past two days is that I am a bit busy on the one hand, and on the other hand, there is no need. After all, the market has not changed. The reason why I took the time to update the analysis today is actually very simple. The strategy needs to be changed, and now we are more afraid when others are greedy, and I believe that friends who have been doing it for a long time know that the BCH fork led the market into a bear market last year, and Bitcoin ushered in a cliff-like plunge. Now it’s here again, and the reason for the fork is surprisingly unanimous because of disagreement. Although we don’t know whether history will repeat itself, we can learn from it. After all, the incentives are the same, and the time is also the same. Consistent, then we have to prevent this from happening. After all, investment risk is always the first priority. When people get used to a certain thing or phenomenon, they will subconsciously forget the things behind it. The recent market is actually That's it, it has been oscillating in the range, the small range keeps changing, and the large range does not move at all. It seems to give people a psychological hint that the market is like this. Keep in mind the risk issues behind it? But I still want to tell you that we are investing, not a simple matter of paying for money. Risk is always the first thing. Everyone understands the principle of being prepared for danger in times of peace, but few can really do it, so I still say Be alert to yourself at all times!
In fact, the market has reached the point where it is now. In fact, what we should do is not to do the so-called advance layout, but to let ourselves pick it out as much as possible. Although sometimes we may miss some profits, but more are It is we who have avoided the risks brought about by making mistakes. After all, the market is changing rapidly, and no one knows what kind of attitude and influence the big market is coming from. So the best way to operate steadily and put risk first is actually to Pick yourself out and don't get stuck in it. I used to tell everyone that you have to jump out to look at the market, and short positions are actually the only way to let yourself jump out to see the market. On the one hand, keep a clear mind, on the other hand, you will not Because the list is inside, there is a bias in the subconscious, so that we can really jump out and deal with the market!
You can also see the recent market fluctuations. The market has been oscillating in a range, the large range remains unchanged, and the small range is constantly changing. The long-short game, you sing and we come on the stage, and we will not give up an inch. It is also very clear. , this kind of market is the biggest benefit for us to make contracts. I believe that everyone has achieved good results in the past few days. I will not talk about this for now. Next, I will focus on my views on the market. Months have passed, and according to historical inertia, it is almost time to go in a relatively clear direction, and the BCH fork event in the cold winter of 2018 will be finalized, and it will be staged again. It is not yet known what kind of impact the circle will bring, but we cannot ignore its importance.
Moreover, as far as the current market is concerned, there is no significant good news at all. On the contrary, all the news seems to be pointing to the bad side. , to reap a wave of profits in reverse, but in fact, in the general trend, we cannot deny that various factors are pointing to the short position, so that means that in the future, it is very likely that we will move towards the big bear market that we don't want to see again, Hong Kong The document of the China Securities Regulatory Commission can actually be said to be a fatal blow to the current currency circle, but this is a reality that has to be faced, just like the pain of a pregnant woman before giving birth. It is impossible to give birth to a new life. To avoid it, it is actually the same in the currency circle. In just a few years, the scale of the currency circle has grown from a small circle of hundreds of people to now involving millions, tens of millions of people and things. I have to say that it is too fast. Although everyone knows that the blockchain is the next outlet, it is also amazing. Such a speed is actually very unhealthy and a bit nutritionally deficient. If you want to grow healthily, you need the assistance of external forces. Maybe it is external forces at this time. It's time to intervene. After all, if you want to assist when the tail is too big, it will be too late by then! ! ! So even if the big bear market comes again, I hope everyone don't panic, don't be chaotic, the world behind will be even more exciting! ! ! As for this auxiliary method, I think everyone should be aware of it here, right? But the reason why I don’t tell you directly, to be short-sighted, to plan in advance, is actually because what everyone can see, what can be seen, is one-sided, so if the traders of the main institutions don’t come out to do things, I think it’s all in vain Provide them with resources! So in other words, before the cold winter comes, beware of explosive harvesting! No matter what kind of market comes first, it is very unfriendly to advance layout, so that means we still adhere to the usual style, rather miss it than make mistakes, just follow up after the market comes out, that is to say, the most recent Don’t participate in the shock, because the risk is greater than the profit. The important points: 10050 and 8300. Whether it is a follow-up or a follow-up, these two points are the limit points in my opinion. If you break through, don’t chase again Now, if you have profits, you can rest in your pocket, if you don’t have profits, just sit and watch the market performance, don’t be in a hurry!
Text/Shen Wanyuan/shenwy886
I have always believed in what Sakyamuni said: No matter who you meet, he is the person who should appear in your life. It is no accident, and he will definitely teach you something. It seems that at this moment you clicked into my post in the huge market and saw this, I think maybe this is also a hidden arrangement. Perhaps you have fallen in this challenging and cruel market, and you want to move on but are at a loss, and you want to quit but you are not reconciled! Or maybe you're on your way to and from here armed with hope and ready for a big fight! No matter what state or mood you are in, you can come to me to have a quiet chat at this moment. I am also very willing to listen and help you analyze the next plan, which ones we should do, and which ones are ours. Don't do it. Step by step towards the ideal appearance we hope for.
Text/Shen Wanyuan/shenwy886
