Money laundering, faith, upland and gold rush... The truth that bitcoin needs to know before it goes up 20 million times.

This is a hot season of abnormal, the air is filled with money, trade and the smell of desire.
Represented by the currency of digital currency, has evolved into a worldwide speculation and game:
In the ICO (money) for the first time login queue exchange of new kind of number, more than the queue waiting for IPO stock exchange is the number of companies;
Even some unknown team, release ICO can raise to hundreds of millions of cash, listed again pull the currency rose ten times;
After dying established companies with XX COIN, shares rose 1.5 times...
As if a digital currency carnival Party, the wealth of the rapid rise of the stage is, under the stage is performing the peaks and valleys of countless little known story, the jumper, the missing of the, of wealth, human nature of greed, fear, roll exposed here, the fate of the industry, enterprises and individuals by the sudden wealth opportunity to rewrite.
The end of the party a party b in the film, ge you slightly sandy said, "1997 years have passed, I miss it". You I his voice is "2009 years have passed, I miss it", because in that year, the currency of the power to create just appear, 2 pieces of pizza can change 10000 gold COINS.
Eight years COINS jumped 20 million times, let the soul of a lot of people put all the time, miss more than wrong buy regret letting a person.
And now, the most sadly, holding the speculative psychology, to send, but it is low risk resistance ability of small leek were wealth enveloped in fairy tale, surrounded by the huge liquidity bubble.
Money laundering, faith, and gold...
Pull open the currency jumped 20 million times

1. The mob
   
   Respondents: shu best - notes on block type of chain business
   People experience: after 90, white-collar workers, currency age 4 years, his resignation entrepreneurship in 2017, block chain project, product hasn't come out, please quota investors can have up to two weeks.
   Shu best family participating, are in the habit of investing the currency rising trend caught her off and on, in 2012, she will take out part of saving oneself bought COINS, after accumulating constantly. Currency age 4 years, already from hyperactive, tension, anxiety evolved to no fluctuations "Buddha" realm.
   But shu best not advised friends to buy, because there are risks. She can "softness" down by after careful study, confidence in block chain technology.
   Friends, of course, can not calm. Currency has been rising, people are buying, shu stepping into the best of friends, but every time I fall, will finally ask shu best: what do you think what do you think?
   Play money, even if not actively recommend, will inadvertently become preacher COINS.
   The leeks are here just for one reason: Lao wang two months ago to buy some XXCOIN next door, two months to turn over 30 times, get a land rover. Since next to Lao wang can, with what can't I?
   They keep coming, as the price of the currency a provides a constant power go up and up.
   "The mob," there is a very classic analysis deeply depicts this group of people, "groups are not good at reasoning, but eager to take action. Their current organization is strong, the rules of its formation also will soon have the power of the old dogma that no doubt the tyranny of power. "
2. Faith
   
   Respondents: Zhou Xin embodiment - Fried currency block chain investors
   Characters experience: after 80, the well-known venture capital institutions, chief investment officer, currency of age two years, six months ago All in block chain project, project to line anywhere. Believe that the currency of 100000 "day price" is far from to.
   "If the currency prices tumbled, fell to several thousand dollars, what would you do?" I asked.
   "Ha ha, meet double down, I'm sure positions well." Zhou Xin with a Christian as pious expression on her face.
   From a ponzi scheme is suspected to staunch advocates, Zhou Xin took only two months 'time. Vc used to let him study the two months of block chain technology, only dare to start. His view is that "believe in the value of the currency from utopian fantasy and confidence in the block chain technology", block chain technology is decentralized, so it is with the subversion, rebellion, and now this popular trend is consistent, so everyone on the values agree with it.
   Xue savages, xiao-ping xu, Leo wang... Investment of cash is not in the minority, block chain ring web celebrity Leo wang cash for three years, turned over hundreds of wealth, claim to be "firm value of digital currency investors", now also announced that All blocks in chain project.
   Zhou Xin recognition angels Leo wang's point of view, the essence of value from the group consensus, we think anything of value is valuable, and digital assets will become mankind's greatest asset, so trend.
   Play out of the common currency of faith.
3. Money laundering
   
   Respondents: Vincent - venture capitalists, are not interested in COINS
   People experience: after 70, fund partner, no buy currency experience
   Vincent, according to the currency of the high with a handful of them use anonymous block chain has the characteristics of money laundering, overseas assets transfer, they used the money to buy the currency of China, in the United States into dollars became the legal property, low risk, low cost. There is a "me," he added.
   It may also be one of the reasons he did not dare to buy COINS. In fact, the currency is very easy to become criminals laundering tools. Nobel prize-winning economist Joseph Stiglitz said in an interview with bloomberg, COINS there is no use to society, in addition to circumvent the legitimacy. He say we have the dollar as a medium of exchange, but why do people encryption currency instead of the dollar? Because they can be used for money laundering and tax evasion.
   In July 2017, the heilongjiang province higher people's court for OKCoin trading platform make civil judgments of money laundering: criminals will telecom fraud to obtain 2 million yuan to buy 553 COINS, underground Banks sold in macau, to complete the money laundering;
   On May 12, 2017, the outbreak of WannaCry blackmail virus, the virus require owners to pay ransom to unlock the file, and ransom must pay COINS;
   In October 2013, the United States in a electronic trading platform for providing false passports, drug trafficking, be prepare to porn service provision, the payment is completed by the COINS.
   In a lot of grey area, as the existence of the COINS is hard currency.
4. Gold
   
   In currency, in the production of mining machine is no problem to make money.
   The world's top three digital currency mining machine manufacturer in China: mainland bits, jia nan Yun wisdom and hundred million state science and technology, are founded a few years of entrepreneurial firms.
   Global have 7 every ten of the mill from mainland bits, allegedly, mainland bits, co-founder of wu avoid cold holding tens of thousands of gold COINS. In 2017, mainland bit chip sales reached a staggering 14.3 billion yuan, after huawei haisi, become China's second largest IC design company.
   Jia nan Yun for wisdom in the end of August 2017 formally listed on the new three board, its public data shows that jia nan Yun wisdom full-year net profit 2.24 million, 2015 and the 2017 full-year net profits of $3, 125 fold increase in the two years,
   Even they did not expect, mill technology difficulty is not high, will be a shortcut to getting rich.
   Xiao-bo wu has just released the two sets of data: first, in today's global currency speculators, from the Chinese mainland accounts for 85%, the proportion of the second, eighty percent of the currency resources in 5% of the big speculators.
   So, the currency of the context is this: the early, get on the car of cash for high returns the story of continuous fermentation; Since then, driving investors to increase investment in the digital currency, after amplification effect with exponential growth, notes, miners and grey group together, finally attracted the crop of leek advance wave upon wave.
   That is full of speculation in China's temperament of the "notes" story.
   Politically sensitive, Bug more...
   Block chain technique be born not so fast
   COINS also are also evil, block chain is neutral, it "decentralized, open, do not tamper with the" technical features will bring more efficiency to the society, make products, services, and assets transactions become more convenient and quick. But there are also concerns:
   Block chain by "decentralized" attracted a group of believers, but still too much the cheese of the industry, such as securities. And because of political sensitivity, its regulation encourages more strict censorship, this virtually increases the difficulty to block chain development.
   Remove the politically sensitive, block chain itself also has some had to face the Bug.
   Specializes in block chain American vc investment Blockchain Capital studies, vice President of Spencer said publicly: "block chain does not have congenital advantage, more secure and reliable distributed will not charge to an account".
   Technology still exist many problems: first, the block chain 51% attack bifurcation problems, higher cost, selective trading blocks, etc., in the future through the development of technology need to continue to repair and improve;
   Secondly, block chain and real world unicom, in the process of actual transaction, if there is a pseudo block chain technology company in the name of chain blocks, actually play the role of the super administrator extortion, participants huge losses;
   Third, after the volume increase, the network may be jams, forced to different blocks hard bifurcate, hard branch will lead to the result of the trust in the whole network system has been questioned, the value of the network system will collapse.
   So far, block chain is still in exploration phase, the currency is the application of fall to the ground. "On the market, the more unrealistic block chain project publicity and hype, valuation deviate from the basic value, this is a bubble project in block chain applications 95%." Ministry of industry and industrial economy research institute Yu Jianing openly.
   Wherever there is fame and fortune is evil
   COINS frenzy seemingly let everyone share the dividend of new technological change, the actual is more like a risk to a great deal of speculation.
   Xiao-bo wu cold speech sarcasm: hot blocks of retail chain will be the year's biggest investment jokes;
   Xue savages well-meaning advised: block chain and digital currency investment is a foam of beer, don't try bubble to drink beer, but bubble accounted for ninety percent, the real beer very little;
   Leo wang stood up and shouted: "this is a speculative boom around the world, and have been developed, on the verge of madness might like".com "bubble in 2000.
   How many people, all in the name of the investment holding the speculative psychology, buy a look not to understand.
   But don't understand, thought that oneself understand, will have the opportunity, pound-foolish.
   So, get in the car before, ask yourself, do you really understand?