instant noodle richest man

So, with the release of this major positive news, the price of Bitcoin soared 60,000 US dollars overnight, reaching an astonishing $300,000 each, once again making investors around the world go crazy.

An era established by digital currency is about to begin, and this is a historic great moment!

But unfortunately, some people are so arrogant that they are not afraid of tigers.

Then some people are cautious and stop when they see it.

At the moment when Bitcoin broke through the 300,000 US dollars, users suddenly discovered that in the Bitcoin trading website: bit transactions, nearly 1,000 Bitcoins have completed the transaction in just one hour.

Trading 1,000 pieces in an hour may sound like a sparse and ordinary thing, but the value of these 1,000 pieces is equivalent to US$300 million, which is a very huge wealth.

The most important thing is that the transaction volume of 1,000 coins per hour can almost rank among the top 10 sales lists in history, but the timing of these data is that there are huge fluctuations in the value of Bitcoin.

Is the mine disaster coming again?

Soon, a large number of users posted on the forum saying that people who don’t understand should not mess around. This is not a big crisis, but some people just feel that they have reached a high point and want to run away.

Then they gave an example. When there were several relatively huge increases in history, similar large-scale transactions occurred, because many holders would be unable to bear the will of selling the Bitcoin in their hands at this time, which led to drastic changes in transactions.

Of course, such behavior will indeed cause the price of Bitcoin to plummet, but these users will use data and facts to speak.

In 2012, Bitcoin ushered in its first crisis. At that time, the price of Bitcoin was $4 per coin, which doubled and sold at $8, which made many holders unable to hold back. They sold nearly 1 million Bitcoin at $8, and also caused the price of Bitcoin to fall directly back to the level of two dollars.

But so what? After just one week, the currency value returned to $8.

A month later, it even broke through the price of $10, and those who sold it at $8 could only cry and snatch the earth.

In 2014, in the same plot, Bitcoin dropped from $19 to $9, and then rushed to $25 in two weeks.

Many similar situations happened later. The most recent time was in January 2018, when the price of Bitcoin went from 90,000 US dollars per coin to less than 50,000 US dollars. But now in just 12 months, Bitcoin has risen to 300,000 US dollars.

Seeing that the fans of the forum posted these detailed data, many anxious investors immediately felt much more relieved.

So even though the price of Bitcoin continued to fall and it took only three days to return to the price of $240,000, in investors' eyes, this is still just a splash of water.

As long as everyone waits quietly, the value of Bitcoin can return to the high of more than US$300,000, creating a brand new record.

It is just around the corner to exceed one million in the future.

Not to mention, this time it seems that it still came true. A week after the decline, the currency value began to grow again, and it actually rose back to 300,000. The entire currency circle was full of joy.

Then in February, several large banks in a certain country announced the launch of large-scale Bitcoin financial products.

This financial product sounds very strange, but it is actually a replica of the stock market financial product, absorbing funds from the public, then using these funds to buy Bitcoin, and finally paying dividends based on annual profits.

According to the estimated results of these banks, the annual interest rate of these Bitcoin financial products is likely to exceed 20%. After all, the increase in Bitcoin is too exaggerated. It has increased by tens of millions of times in 8 years, and the annual interest rate of 20% is still small.

At the same time, such financial products also solve a pain point, that is, the problem that the actual transaction of Bitcoin requires too much capital.

Because the value of a Bitcoin has reached 300,000 US dollars, the entry threshold for investing in Bitcoin is 300,000 US dollars. This is really too high, and many ordinary people are not qualified to join it.

However, with the launch of these financial products, ordinary people can invest even if they only have one thousand dollars. After all, it would be better to pay dividends according to the investment ratio at that time.

It can be imagined that when the first batch of Bitcoin financial products were launched, the market fell into a hot situation. Almost overnight, all Bitcoin financial products were sold out, and the total value of these products was as high as about 50 billion US dollars.

This $50 billion is all-out to buy Bitcoin, and the huge impact of the entire Bitcoin market can be imagined.

Everyone thought that the unit price of $1 million announced by Musk was more than ten years old. However, in just two months, Bitcoin was under the gaze of everyone. The value of a single coin exceeded $1 million. The first batch of people who purchased financial products had an annual interest rate of more than 100%. They invested $1,000 and returned $2,000!

This has caused more people to go crazy. A large amount of funds have entered the Bitcoin market all over the world, and the price of Bitcoin once rose to nearly $2 million.

Throughout the first half of 2019, everyone was immersed in the Bitcoin craze and could not extricate themselves. Everyone in the world was talking about Bitcoin topics, as if you didn’t understand some knowledge of Bitcoin and you were embarrassed to chat with others.

Of course, the news that excited the people of a certain country the most was that Musk really helped a certain country to regain the position of the richest man in the world.

At the moment when Bitcoin's market value approached $2 million, Musk's net worth reached $6 trillion. According to Fortune magazine, Jia Yapeng's net worth is only about $2 trillion. Musk's net worth is three times that of Jia Yapeng. He is the well-deserved richest man in the world!

For a moment, the new richest man, the new wealth legend, and the new chicken soup story began to be widely circulated around the world, especially the people of a certain country, which seemed to have completely returned to the era when the country was the best in the world 10 years ago.

Then in July 2019, Daqian suddenly announced to the public that they believed that a country had huge financial risks and abnormal investment concepts would lead to a systemic crisis in the entire country's economy.

So Daqian's rating agency downgraded the credit rating of a certain country, and Daqian said that it would temporarily stop US dollar settlement. Starting from July 1, all new businesses will be settled in RMB, and the entire Daqian will not accept US dollars at all.