Bitcoin Marginalization: Virtual Currency Is Still Just A Game.

"Bitcoin is really marginalized." Lao Xie said this with a very indifferent expression. He originally held 20 bitcoins, stored in the world's largest bitcoin trading platform Mt.Gox, this platform in February this year, he was exposed by hackers to steal bitcoins and filed for bankruptcy, so his bitcoin has not been brought back to date.

Before the accident, Lao Tse's bitcoin cost about $600 each, and Friday's price was about $360, which fell to $275 on the 5 th of this month. The biggest drop in the intraday market was 23%.

Lao Xie, an investment manager of a trust company in Shenzhen, said that the bitcoin was marginalized because the recent rise in bitcoin inflation has fallen out of public view: "if half a year ago, bitcoin fell 20% a day, it is sure to have many news websites on the website, but no one is paying attention to this now."

Since the birth of bitcoin in 2009, the price has been rising and falling. Virtual currency The characteristics, but in the past, every time a big rise or fall will cause intense concern and discussion, it is becoming more and more difficult to attract people's attention.

Bitcoin is a typical small investment market that has attracted much attention because of the big bull market. It has appeared in newspapers and magazines from time to time, but it has only received more attention since last year when the transaction price continued to rise. At the end of last year, it increased to more than $1000. The price of bitcoin in October last year was only $more than 100, which rose to over $1100 in November. The astonishing increase in short time is enough to occupy the headline of financial reporting. Just like the Huang Long Yu. Collection In the market, only when prices continue to skyrocket to an astonishing degree will the society be concerned about it. Then someone will catch up and return to the marginalized state when the injecting degree decreases. The more discussions and disputes, the more popular the bitcoin niche market. When governments are more and more constrained and the heat is gradually weakening, bitcoin is slowly fading out of the hot coverage of financial reports, with fewer people concerned.

When bitcoin became popular, investment managers such as Lao Xie also believed that one day, the virtual currency could replace paper money, especially the legal currency that could be used to start inflation with the government manipulating circulation and printing money machine. Later, bitcoin red, Wright coins and so on have also been born, which makes some people realize that paper money may not be so regular, but at least every country has only one family, virtual currency can only have unlimited possibilities on varieties.

Although Lao Xie didn't have much hope, he still hoped to get those 20. Bitcoin Even though the price has been cut at a loss, it is still earning 300 dollars compared to the price he bought. At the moment, he hoped that the bitcoin in the account would be RMB, and the RMB stored in the exchange would be lost. The exchange would be responsible for the existence of RMB in the bank, the bank was stolen, the bank would make compensation, and the bitcoin on the Mt.Gox trading platform, after losing the bitcoin, applied for bankruptcy, and could not find any compensation. It is the game spirit of bitcoin that can be opened and guaranteed without any guarantee. It tells people that virtual currency is only a game for the time being.