男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

left corner left corner
China Daily Website

Virtual currency a bit overpriced for the real world

Updated: 2013-11-21 10:13
By Wang Ying and Wu Yiyao ( China Daily)

Virtual currency a bit overpriced for the real world

Mike Caldwell, a 35-year-old software engineer, looks over bitcoin tokens at his shop in Sandy, Utah of the US, April 3, 2013. Caldwell mints physical versions of bitcoins, cranking out homemade tokens with codes protected by tamper-proof holographic seals, a retro-futuristic kind of prepaid cash. [Photo/icpress.cn]

Growing rate

The residential project announces a daily exchange rate based on the previous trading day's closing level. For Wednesday, it was a record 4,500 yuan per bitcoin.

"It's a pity that there haven't been any deals made by using bitcoins. I am afraid people are betting on further appreciation of the virtual currency, instead of using them to buy a home," said Wang.

The cybercurrency, which isn't backed by any physical assets, trades 24/7. There are no limits on how much the value can change or how large the transaction volume can be.

The lack of constraints has attracted a growing number of speculators from around the world hoping to profit from its extreme volatility.

"The value of one bitcoin was more than 8,000 yuan on Tuesday," said the chief executive officer of Yibite, who only gave his nickname as Shenyu (literally, "magic fish" in Chinese).

Shenyu runs the digital assets website, and he's also a senior bitcoin miner.

According to Shenyu, in recent months, the Chinese market has moved to center stage in the bitcoin world because of its surging trade volume.

"Since August, more than 100,000 bitcoins were traded every day in China, accounting for up to 40 percent of the global total," said Shenyu.

Another change is that the mainstream traders of bitcoins in China, who have so far been mostly 20-somethings, are being replaced by older and richer investors, said Shenyu.

The rising value of the bitcoin has also had an impact on Changjia (a nickname), founder of 8btc, a bitcoin content forum.

Changjia said he used to pay authors 0.15 bitcoin for every original story published on his website, and 0.1 bitcoin for a translated piece, but the currency's recent value surge has driven up his fees for content providers by 500 percent.

Bitcoins are appreciating even faster than property in China, driving holders of the virtual currency to find more valuable things to do with it than buy a property, Wang said, explaining the absence of bitcoin-based apartment deals.

 
8.03K
 
主站蜘蛛池模板: 盖州市| 辉南县| 岐山县| 博乐市| 荔波县| 富川| 新蔡县| 西贡区| 万盛区| 保靖县| 沙洋县| 恩平市| 江山市| 云霄县| 清流县| 永宁县| 夏邑县| 阜平县| 岑溪市| 元氏县| 琼中| 林甸县| 汉阴县| 莲花县| 八宿县| 公安县| 哈巴河县| 裕民县| 儋州市| 宁国市| 澎湖县| 丰顺县| 安乡县| 苏尼特右旗| 肇源县| 延安市| 梁山县| 怀来县| 基隆市| 武穴市| 仙桃市|