2016 will past ,do you sitll remeber these10 events about currency

in #bitcoin8 years ago

The 2016 year is a feeling of exaltation upon fulfillment of bitcoin. Looking back this year, bitcoin prices have risen from about  ¥ 2800 to more than  ¥ 6800 yuan at the beginning, or over 100%, a record high for the past three years, there is no doubt that one of the most valuable investment in 2016. Up to now, the total market capitalization of bitcoin has reached $15 billion.

Rose with the previous price seems to be somewhat different, this year, more people talk about bitcoin blockchain is no longer taboo, more and more people face bitcoin value. In the global political and economic turmoil in the environment, bitcoin as a hedge asset stand out.

In this year, bitcoin ushered in 8 birthday, but also experienced a halving of the output of the second half, and now each block bitcoin output of 12.5 BTC. From the point of view of the various indicators, bitcoin infrastructure gradually improved, the user base is expanding, more widely used.

This year's observation of digital currency and the blockchain community, striking several new trends: financing is not easy and ICO hot market; central bank policy and grassroots entrepreneurial companies in parallel; exchange rate fluctuations and currency bitcoin prices firm.

Here's a list of ten things you will not ignore this year. Looking back a few years later, it may be found that you are experiencing, perhaps bitcoin development history, or even a major turning point in the history of world currency.

 

Multinational government waste notes, India bitcoin premium 10%

On November 8, India's prime minister narendra modi, announced the abolition of the face value of 500 rupees and notes of 1000 rupees, equivalent to about $7.5 and $15 respectively.Subsequently, the "ghost money" rule and has experienced a series of changes.For the first time that "waste money", Mr Modi emphasizes mainly to cut off the capital source of terrorism.After he again stressed that the move more are in order to recover the money, and then said, is to encourage greater use of Indian digital pay.Former prime minister manmohan singh criticism it was a "legitimate" robbery.To show to the people of India began to seek alternative assets, India COINS a currency is hard to find, the price also than international market prices nearly 10%.Similarly, abolished 100 yuan denomination of venezuela bolivar notes, and 6 new larger denomination notes;The Australian government announced may abolish large cash;On December 19, Indonesia also play up the idea of "waste money".And the price of one currency, already from early November of 4800 yuan, up and down to the present 6800 yuan.Less than two months, up by more than 40%.Government "waste money" to play slip, the consequence is the serious lack of credibility on the contrary, the currency to stand out in the round wheel "waste money movement", not only the price rising, also let more people realize that, with block chain technology safeguard private property is inviolable.

The global economic and political turbulence, the currency hedge features prominent

In addition to the allied waste money, 2016 happened a few pieces of the major events that affect the global economy.In Europe, trump of the British came to reflect on events such as, the currency to a certain extent showed similar gold hedge attributes.UK off on June 24, the referendum result, more than half of the people support from the European Union, British prime minister David Cameron has announced his resignation.Pound the diving, and the currency prices rose, rose nearly 20%, price stability is in 4300 yuan.On November 9, as the U.S. election results continuously, many assets back in Britain since the maximum amplitude, and COINS came as no surprise rose sharply, close to 5000 yuan.The reason is that the market is generally believed that uncertainty surrounding the trump policy proposals would promote safe-haven asset price.In addition, the falling renminbi and foreign exchange control has brought the currency market strong demand, currency prices higher.

Regulatory steps to follow, 2017 is likely to be regulated?

COINS from the date of birth, at the gray area of regulation, regulatory uncertainty is big problems in the development of digital currency and chain blocks.But since 2016, the situation has not changed.Simple look at this year's national regulatory attitude to COINS and chain blocks:Japan: in March 2016, the fsa define it as a commodity;May, Japan's first approved digital currency regulation bill, and define the currency for the property.
South Korea: the financial regulators formed digital currency work group, focus on the currency exchange regulation.
Singapore: in August 2016, Singapore's central bank on its domestic payment provider new regulatory measures are put forward.
Australia: Australia's tax office (ATO) to define the currency as "intangible asset" rather than currency;In November, the Australian government released a digital currency to guide the white paper.
North America: in the United States, the more strict regulation for this year.Previously, the Obama administration asked the IRS (IRS) was carried out on the field of digital currency double taxation.Known digital currency exchange Coinbase are required to submit the user information;The Canadian government to actively promote the currency legislation.
Europe: Russia give up ban foreign currency;Britain's global advisory COINS investment funds (GABI) has recently allowed in the channel islands stock exchange;Belong to the British territory of Gibraltar issued the first currency exchange trading tools (ETI).This is Europe's first regulated currency tool, currently in Gibraltar and the German stock exchange at the same time online.For block chain, regulation is not a bad thing, regulatory means "recognition" to some extent.Countries around the world are open to the digital currency such as COINS regulatory way, in 2017, believe there is more regulation policy implementation, digital currency community to achieve a more benign development.

Block chain industry financing is less than last year, ICO markets were mixed

2016 draws to a close, we haven't seen the latest industry financing data, however, according to CBInsights nine months of 2016 years ago, chain block and the currency in 92 cases of financing a startup events of the communist party of China raised $492 million.At this rate, 2016 investment trading activities will be down from 2015.By contrast, 2016 also witnessed the ICO market of hot.In 2016 the first year is called ICO.This year, multiple projects financing by way of ICO.The ICO story comes from the IPO for digital currency community characteristic, is the Initial "Offering.This way is mainly digital currency and chain blocks projects to sell early enthusiasts tokens, the project team will be sent to you by ICO to obtain funds for development, and develop the market.This year, The DAO to in history with a record $150 million in The largest amount to raise case, small WAVES, Lisk, domestic project ant, lovely baby, yuan group successfully completed The ICO, has created a number of chain blocks The raised platform, including bnktothefuture abroad, domestic currency and The raise, COINS, ICO365 clouds.Early popular makes time ICO influx project into the market, the project quality, lack of supervision, lack of user education lead to hype emotions such as serious, break project launch, or simply lead to ICO markets such as the failure to raise the overall mood is not high, originally a win-win approach to innovation becomes a hot potato.Nonetheless, investors for ICO haven't lose confidence, hope that the forthcoming 2017 ICO project and don't disappoint investors.

Stolen frequent events: exchange be disastrous;DAO

Hackers events since the emergence of the currency has always been associated with.In 2016, several famous digital currency exchange also difficult to escape.On May 14, Hong Kong digital currency exchange Gatecoin stolen, lost the etheric lanes and related assets worth more than $2 million;On August 4, well-known exchange Bitfinex stolen, lost 120000 BTC, worth more than $72 million.Remove The exchange, The most popular raise project The DAO is black is stunning, also raised this year another big event: The etheric fang split ends.On April 30, based on Ethernet of project application, The DAO of 28 days The raise.DAO is short for decentralized autonomous organizations, The DAO can be seen as The raise a vc fund, authorized by The DAO scrip holders to vote for The etheric fang project funding.End on May 28, the raise, raise more than 11.5 million Ethernet COINS, worth more than $150 million, to become the world's largest amount in the history of the raise.Who also did not expect, on June 17, The hacker launched attacks on The DAO intelligent contract more vulnerabilities, and shift to an anonymous address The etheric coin worth 36 million, almost The DAO The raise a third of The total 1150 Ethernet currency.To save many stolen investors' losses, on June 30, founder of the etheric fang Vitalik Buterin come up with an idea for hard bifurcate, on July 21, more than 85% of the work force to support the hard bifurcate, etheric fang hard bifurcate, produced the ETH (Ethernet fang bifurcate) and ETC (the etheric fang the original chain) two independent block chain.The DAO stolen event has become a cliche, each time there is a similar event occurs, remove investor confidence hit hard, price be thwarted, digital currency community will double torture of legal regulation and moral aspects.

The etheric fang bifurcate, has been questioned intelligent contracts break myths

On July 21, the etheric fang hard bifurcate, two chain ETH and ETC.Despite the loss to recover stolen, but take the way of hard branch holds within the community of the etheric fang lost part to block chain decentralization and tamper-resistant supporters.At The same time, because of The complexity of The intelligent contracts, and ignore The existence of The DAO of loopholes, intelligent contract has also been questioned.In the months that followed, the ETH performed four times again hard split ends.The development of the ETH and ETC route have been very different.Represented by the original Ethernet fang developers support ETH community members, still find a way of intelligent contracts;While the other original chain of support ETC the etheric fang, represented by miners supporters, insist on the route of PoW.ETH communities do not have much recent news release, and starting from scratch ETC community progress.On November 23, ETC on the first the raise raise successful ETCWin announced the project, and in a recent online community ETCFans lovers ETC.Price, at present the ETH and ETC together less than half the market value has dropped to fork.Taken separately, the recent ETH falling prices, maintain in 50 yuan, facing the huge test;Instead, ETC recent strong performance, the current price at 7.5 yuan, up and down with more developers to join, the monetary policy is finalized, application gradually fall to the ground, ETC the future worth looking forward to.

"In this hearing" again "appearance", "in search of the hearing in the game" when to take

Look in the hearing has been COINS circles the biggest mystery.On May 2, 2016, Australian entrepreneur Craig Stephen white openly admit that he is the inventor of the currency "in the hearing," this is the first time someone publicly acknowledged.As early as six months ago, in December 2015, said wired magazine reported that white is likely to be in the hearing, the media publish a series of clues are also shows that the white is in recent years is considered to be the power of the "like" "in the hearing.Surprise, currency fund founding director Jon Matonis and former bitcoins Core maintainer Gavin Andresen, all in their own blog support is white "in this cookie", but with a series of evidence was overthrown, white give up continue to prove, and apologize to her supporters, Gavin also admit mistake of the hearing.Annual search for the hearing will be in the currency circles caused quite a stir, also without exception all ended in mea culpa.Perhaps the loss of the hearing in this is to follow the currency decentralized designed, "in search of the hearing in the game the best" as a result, perhaps is to let the astute disappeared in the history.

Scale up in the air, is still a community focus

Debate about block expansion has been more than a year.How to fix the ductility and implementation block expansion, the current debate focused on two main solutions: bitcoins Core and bitcoins Unlimited.The Core of the solution is to deploy the isolation, though supported by part of the community, but since the second half of this year, have gradually mineral pools and community leaders to publicly opposed.Unlimited view is that block size should be by the market to adjust, but need to done by hard branch.Have the etheric fang hard branches, in the case of the community has not yet reached a consensus, hard currency bifurcation are divided into the risk of the two systems.The end of the debate is still going on, there is no conclusion.2017, the problem of expansion will continue is the focus.

COINS eight anniversary, production halved again

Beijing time on January 3, 2009, the currency block creation was born.
On November 28, 2012, the currency halving production for the first time interval of 1425 days, or about 3.9 years.
On July 10, 2016, born with COINS 420000th block, the currency block production ushered in half again, this time by half time for 3 years, 7 months and 11 days 1 hours 21 minutes and 35 seconds, after half block reward 12.5 BTC.For COINS, this year there's another thing that memorable.If the release time to calculate, the white paper, on November 1, 2016 is just the currency 8 anniversary of the birth.On November 1, 2008, who in the chung (Satoshi Nakamoto) of the mysterious character in cryptography mailing list officially issued a white paper currency.At that time no one had expected that the birth of the currency opened a new era.On November 1, 2016, 8 anniversary of the birthday, the currency prices topped 5000 yuan, I don't know is a community of users to the currency of birthday wishes?

Central bank's research and development of digital currency, open recruitment block chain talent

Review at the beginning of 2016, the people's bank of China introduced digital currency symposium to discuss digital currency, the central bank research scene more application of the digital currency, once lit the enthusiasm of the practitioners and investors.The currency price also opened this year's bull market.On February 13th, the people's bank of China governor zhou xiaochuan said the technology route can be divided based on the digital currency account and not based on two kinds of, can also be layered and try to coexist.Is an optional block chain technology, its characteristic is distributed bookkeeping, not based on the account, and cannot be tampered with.In November, the central bank to issue legal prototype scheme of digital currency has completed two rounds of revision, is expected to be in the paper market, such as relatively closed application scenario for the first try.In the same month, the central bank website published 2017 annual personnel recruitment information, printed display units directly under the people's bank of China science institute start hiring digital currency related researchers.In December, the shenzhen evening news headlines, shenzhen has established the national first Fintech digital currency union and research institute, is expected to be rate of the first pilot digital currency.This is the central bank announced the formation of digital currency research institute, the first domestic local city from the country's financial innovation and opening, to promote the internationalisation of the renminbi, such as a strategic height, financial technology alliance and sponsored by the institute.Promote the central bank digital currency to fall to the ground, meaning were remarkable.Is not only China, Britain, Singapore and other central Banks are also beginning to layout, in the field of digital currency issue their own digital currency gradually developed and tested.If the central bank's digital currency only refers to the digital yuan, with digital currency such as COINS is not a concept, after a year's understanding of the central bank digital currency will deepen found that national level, to the attention of the block chain may be pushing block chain application scenario for large-scale landing the strongest driving force.Today, the currency price has more than 6800 yuan, highest community enthusiasm high.As the regulatory policy, applied to further expand, general public willingness to accept the currency rise, under the global negative interest rates, in 2017, the currency is worth looking forward to more.