Blockchain 2018 is still hot

Why are you optimistic about the blockchain?

I considered bitcoin earlier, and probably knew about 2011, investing in okcoin in 2014 and buying the first bitcoin, but unfortunately there has been no in-depth investment. The real understanding is that by the end of 2017, I have seen a lot of blockchain people, who have in-depth exchanges and a better understanding of the blockchain. Also firmly believe that the block chain is the future.

1. Blockchain is a field change, why the mainstream elite rarely involved?

A big change come, first is a small part of the first prophet to do it, most people have no feeling. Then slowly more people know, but can not see clearly and can not participate. In the end we all understand that forming a consensus is a national movement. Internet just started, Lenovo, Haier, China Mobile are giants, the same look down on the Internet revolution, so they will miss the Internet. Internet giants now likewise ignore the power of the blockchain, and although they will also focus on blockchain technology, they will not revolutionize, giving newcomers a chance.

Is the blockchain a bubble?

The blockchain is the largest human-made bubble since its history, and the previous bubble was a speculative act of regionalization and the spread of the blockchain through the internet into a global one. But the bubble has just begun, to know most of you are not yet bitcoin did not enter the blockchain, many people want to buy coins simply can not find the door. The bubble was also a catalyst for the technological revolution. The 1929 Great Depression caused by the revolution in automobile industry led by the development of electric power in the 1920s. In 1995, the rapid expansion of the IT industry led by the Internet in 1995 caused the 2000 Nasdaq bubble. However, after each bubble, these industries All really change the development of this world. We can only embrace the bubble, do not participate is the greatest risk.

1. Bitcoins such a high price, come in now be leek?

Many people are worried that bitcoin blockchain will be cut into leeks now. Now the world to play digital currency not more than 30 million people, regular transactions of not more than 10 million people, 90% of the population is still watching, and now you are still the pioneer, the last wait and see who approach the leeks. That multi-chain so multi-currency, that the most value? I do not know this question. I can only look for those chains and coins that most people use and most people can form a consensus. The best time is to wait for the bubble to burst. At that time, the probability of success is highest and everything will take time to choose.

1. Value investment for the investment block chain it?

I have always been a Buffett Value Investor and can only succeed by investing what you know. Buffett only buy their own consumer products companies, such as Coca-Cola, McDonald's, Express, insurance companies. Internet age, the value of investment or investment in consumer goods, but the consumption of young people into Facefook, Google such Internet products. The blockchain is the future, in the chain will produce the most valuable products, will also produce a blockchain consumer goods, so the investment blockchain is the investment value.

1. Policy Regulatory Council how?

The state encourages the development of blockchain technology and all local governments have promulgated policies to support the development of the blockchain. However, the government discouraged hair to send, prohibit ico fund-raising. Therefore, using the blockchain to reconstruct the business model, setting the application scenario of the blockchain, and improving the user experience with the blockchain technology are all okay. But for the time being can not directly send token, do not ico fund-raising. If overseas projects, the team is also overseas, user development is also overseas, I think this belongs to the issue of overseas jurisdiction.

1. Money circle day, a year, this sentence is very popular, how to explain?

This sentence is essentially the price volatility of other digital currencies such as Bitcoin and Ethereum because exchanges are trading 24 hours a day and may have risen several times in a day or may wake up to a 90% decline in the poor. Also shows that the development of blockchain technology in full swing, one day without learning will be behind. So there is a slogan, the next year, even sleep is a waste of time!

1. How to understand the bifurcation of Bitcoin?

Nine years after the birth of bitcoin, Bitcoin has gathered quite high popularity. As more and more followers join the "mining" and "buying currency" groups, bitcoin trading begins to become overwhelmed. If you consider a bitcoin transaction from point A of a highway to point B, the road has been congested. In August 2017, Bitcoin bitcoin broke for the first time after votes from the bitcoin community, diverting a much wider highway from the original road. Since then, bitcoin holders have the option of trading "Bitcoin Cash" coins BCH. Later, the bifurcation of bitcoin gold BTG, bitcoin diamonds, etc. was continuously forked, but only the first bifurcation currency BCH is relatively successful at present, and the other bifurcations are of little value.

I prefer to be analogy: the Old Testament records the history of human development since the birth of the blockchain will record all human trading books, Scripture by word of mouth to the sheepskin records and then to the printing process, spent thousands In the middle of the year, there may be a string change, and if there was a blockchain at the time, the Bible we read may not be like that. The blockchain is like the Old Testament. The Bible then forked Judaism and forked out Christianity and Muslims. Christianity also forked Orthodox and Protestant Anglicans and forked Mormonism and taught ... The same applies to bitcoin Fork out bits of cash bch, bifurcation of ether eth, eos, qtum, the future will continue to fork more chains, but many divergence did not agree or zero, eventually only a few large main chain retention Down. The main chain will become the base currency, but in the future more digital currencies will not be worth less than the base currency, especially with hundreds of millions of users.

1. Blockchain is not the Internet 2.0?

The underlying technology of the Internet is 0101 digital combination of composition, the block chain is a block of computing blocks set up. The internet is flat, the blockchain is multi-dimensional, the internet is loose, the blockchain is stronger. Internet transmission of information, blockchain value.

The Internet changes the flow of information and access to knowledge, changing blockchain value delivery and pricing rules. Blockchain is not only a technological innovation, but also a business logic reform. So blockchain is not an upgraded version of the Internet, but a completely new chain that links everything of value.

1. The future of blockchain evolution?

Any revolution in major technologies will not be easy and will require a painful low ebb to welcome real development. Blockchain and the Internet will not be repeated simply, but the development path can be referenced. First from infrastructure, software tools, games and entertainment, social communication, e-commerce, basic necessities of life, and finally combined with the traditional industries. Currently more applications can be achieved is the standardization of products and digital assets. It will take time for the financial sector to be the first to be changed. The core of the most important blockchain social platform is the integration of users and beneficiaries, which are inseparable, and everyone is the user and the owner. There is no geographical boundaries between the blockchain. This is a revolution in the spontaneous organization of mankind. It will even change and re-cognize the organizational system, financial economy, cultural traditions and religious beliefs that humankind has formed for thousands of years.