What does “coin circle black swan” mean (coin circle white swan)

What does “coin circle black swan” mean? What does “coin circle black swan” mean? Before the price of Bitcoin dropped below $10,000, there was a wave of “black swan” incidents, which refers to a sudden drop in the market. This phenomenon is caused by some stimulating news that leads investors to enter the market to buy, but these information did not attract much attention, but instead caused many investors to panic.

For example, this morning, someone named Musk tweeted, “I can’t see anything rising to $20,000.” This statement directly affected most players in the cryptocurrency market, “Do you think this project is a scam?” Many people began to doubt the risk situation of the project. “If someone really does that, it’s not a scam.” So “his house” is an extremely unsafe market and a very dangerous thing: after the currency price plummeted, many people chose to withdraw in a short period of time. However, many traders quickly realized that they missed the opportunity and suffered heavy losses (such as the recent BCH fork incident).

So what causes such results? “Coin circle black swan” refers to the so-called “mainstream currencies” such as Bitcoin and Ethereum, which manipulate the market through various factors.

First, it refers to the relationship and correlation between the price of Bitcoin and other assets. Generally, Bitcoin is used as a store of value, so people can understand it as a kind of digital gold or treat it like gold or securities. Secondly, it is a special investment tool and financial product. When we use them as speculative objects, this situation will occur. (Simply put, the meaning of “coin circle black swan” is speculation for human purposes)

Coin Circle White Swan

Editor’s note: This article is from the Fenghuolun community (ID: FHBT18), author: Pepe, and is authorized to be reproduced by Odaily Planet Daily.

Recently, Bitcoin and Ethereum have had different ups and downs. But from the current price point of view, Bitcoin is still hovering around $9,000, while Ethereum continues to rise, reaching the 12,000 mark. If the price can stabilize at $11,000 in the next few days, I believe it will continue to fluctuate for a period of time. The appearance of the “white swan” Bitcoin has made many people question this news, “When is the best time to buy?” “What is going on? Do you think these people are just speculating, following the trend, or trying to make money?” But now it seems that the market may have undergone some changes. For example: Bitcoin’s market value has risen to more than 50%; Ethereum’s market value has reached $15 billion, surpassing BNB; EOS’s market value has reached $1.5 billion, surpassing TRX to become the second largest digital asset in the world; and XRP’s market value is about 500 million RMB. So, why is the market so strong this time? “Let’s take a look at the market conditions in the past two months.” According to cryptocurrency analyst Kevin Rooke: “When the market sentiment suddenly changes, people start to believe that the bull-bear conversion is coming. This situation is called ‘black swan’, which is the so-called ‘gray capital outflow event’.” “In fact, these news are not new terms… They are new concepts or investment methods, and they hope to know this through a simple tweet:

Between 3 pm and 4:30 pm today, the price of Bitcoin fell more than $3,000, reaching a new high since February 2018; then it rose more than 300%; and at the same time, the price of Bitcoin has been in a high consolidation state, with a volatility of nearly 10%. And from historical data, can we say that the rise of Bitcoin coincides with the ICO boom in 2017? More precisely, institutional investors are crazy about buying at the bottom.” Of course, many investors also expressed that they have been chasing this rebound, after all, Bitcoin was still niche at that time. However, with more and more people entering the crypto industry, many outsiders seem to be skeptical whether this phenomenon really exists, because most people have a huge demand for Bitcoin as a virtual commodity, especially during the epidemic. Therefore, although some describe the recent trend of Bitcoin as a “bubble”, in fact, Bitcoin itself does have considerable value support-its circulation is much less than any other asset type, and liquidity is also poor. In addition, Bitcoin has gradually emerged as a mainstream after one or two years of development. For example, some time ago, US President Trump announced that he would sign a new law aimed at blockchain companies, including the establishment of blockchain financial infrastructure and the launch of a series of related plans.