The daily planet | bitcoin mining machine below cost price; bitcoin futures fell over 11%; the blockchain group listed on the Hong Kong stock company was ordered to liquidation

 The daily planet | bitcoin mining machine below cost price; bitcoin futures fell over 11%; the blockchain group listed on the Hong Kong stock company was ordered to liquidation

The headlines

Bitcoin has repeatedly fell breakdown machine cost, the existing field winding

This afternoon, bitcoin RMB price below 30000 yuan, 24 hours or more than 17%. The successive decline, bitcoin prices have more than one machine breakdown cost distribution in Xinjiang, Inner Mongolia and other parts of the domestic small and medium-sized mines, in the currency price continued to decline, but its secondary winding has been sold. A year ago the price of up to twenty-one thousand units of the vehicle, second-hand sale price of only 1000 yuan. Similar, and the liquidation of the mine in November 20th, there is a hosting platform also issued a liquidation announcement. A force is investment platform said that due to ant S9 contract since November 7, 2018 to November 16, 2018 has been ten consecutive days to pay management fees and charges. According to the “hashrate cast stress service agreement”, if the 10 day contract revenue is not enough to pay management fees and charges, a force contract is automatically terminated.

Digital currency

BTC today fell below $4400

BTC continued to decline, Coinmarketcap traded at $4398.91, down 17.86%.

 The daily planet | bitcoin mining machine below cost price; bitcoin futures fell over 11%; the blockchain group listed on the Hong Kong stock company was ordered to liquidation

Bitcoin futures fell over 11%, hit a record low

CME bitcoin BTC futures December contract fell $615, or about 11.28%, to $4835 a month contract closed at a record low. CBOE bitcoin XBT 1 futures contract fell $615 a month, down about 11.35%, at $4802.50 a month contract closed at a record low.

BitMEX:BCH is leading BCH miners fought hard bifurcation losses of up to $6 million 100 thousand

According to BitMEX Research, since the BCH bifurcation of the “hard power” war, both sides have been most is rented, it is expected that the rent of $8 million 100 thousand, total revenue of BCH miners lost $6 million 100 thousand

 The daily planet | bitcoin mining machine below cost price; bitcoin futures fell over 11%; the blockchain group listed on the Hong Kong stock company was ordered to liquidation

Analysis: $12 monthly interest rate probability, bearish other encryption currency bitcoin

According to the analysis of the Tencent financial contributor, given bitcoin users throughout the world, so attention must be paid to the dollar to determine funding preference. At present, the Fed’s tightening in December this year, will open a new $the probability of a rate hike; it is expected that in 2019, there will be 3-4 rate hike. The dollar interest rate will lead to the global mainstream currency forced to raise interest rates, so bad all assets – including the bitcoin currency, encryption.

Merrill Lynch: bitcoin, crude oil volatility rises, exacerbated the market crash risk

Merrill Lynch (BAML) strategist, said recently, the market risk of “flash crash” is on the rise, bitcoin and oil prices fell, investors flocked to “safer” stock market. Rapid deleveraging volatility a series of asset classes in recent weeks and the rise of oil market, are all signs of the bear market may continue. BAML estimates that assets fell under a high-yield credit and the dollar may be.

Block chain industry

The blockchain group listed on the Hong Kong stock company was ordered to liquidation

The blockchain group announced last night, the company in June 11 2018 19 in HCCW118/2018 by the Hongkong high court ordered liquidation and bankruptcy management director was appointed as the company’s provisional liquidator. Relevant results, block chain group consecutive years of losses. The company had the main business for the refined tea, tea and other related products, the beginning of the year transformation block chain.

OKEx response fund clients accused: OKEx is not involved in any transaction

Just OKEx for fund clients charged with issuing responded: no OKEx name amber AI OKEx customers to make advance delivery mechanism; BCH contract decision is based on the BCH bifurcation under hard force majeure; amber AI without any proof, slander OKEx platform market manipulation; OKEx can disclose recent transaction data about BCH the contract to the court, to prove that OKEx is not involved in any transaction.

Shaanxi by the development of apple industry chain technology help block

Recently, the “Shaanxi national apple industry big data center construction plan” through expert review, according to the plan, Shaanxi province will adhere to the principle of the construction of a large platform, big data, big system “, focusing on the use of digital technology to solve the block chain, brand authentication credible data problems, make big data service Apple brand, fast enhance the brand value.

Industrial and commercial bank credit financing success upfront payment of digital credentials

The day before the industrial and commercial bank credit financing success upfront payment of digital credentials. ICBC joint core enterprise and the three party supply chain financial services platform, using the block chain technology, the core enterprise with all levels of suppliers of the purchase funds flow to the blocks on the integrated alliance platform and trade flows, a supply chain holding receivables digital credentials online suppliers may raise financing application to industrial and commercial bank, the application instructions approved by the industrial and commercial bank credit loan platform wisdom, can instantly reach the enterprise account, effectively alleviate the financial pressure at the end of the industry chain, weak enterprises.

Tencent responded: in collaboration with SLIVER.tv to promote the game in North America “wireless rule” project

Star daily news, for foreign media about Tencent game in cooperation with SLIVER.tv reports, the game Tencent responded, “the northern lights studio group wireless rule” project and SLIVER.tv reached on a small range of products in North America to promote cooperation.

Domestic policy

Zhejiang province block chain Technology Research Institute

Today (20) morning, provincial Internet Information Office, Zhejiang University Research Center, Hangzhou fun block chain chain Technology Co., Ltd. jointly established Zhejiang province blockchain Technology Research Institute was officially inaugurated.

The central bank governor Yi Gang met with the general manager of the bank for International Settlements, the central bank to exchange views on issues such as digital currency

In November 19, 2018, the people’s Bank of China governor Yi Gang met with visiting international clearing bank general manager Augustin Carstens, both on the global economic and financial situation, emerging market economies, the central bank faces the challenge of digital currency, the people’s Bank and the bank for International Settlements to deepen cooperation and exchanged views on other issues.

Global policy

The United States Alabama Securities Commission against encryption currency fraud

The United States Alabama Securities Commission (Alabama Securities Commission) chief lawyer Greg Bordenkircher said, has played a leading role in the continuing fight against American encryption currency fraud, has closed the 9 advertising business in alabama. So far, regulators in South Carolina, Colorado and Texas also check suspicious ICO.

India media: the Ministry of finance or the 12 announced its encryption currency draft regulations

The media Quartz said, a group of India’s Ministry of Finance (2017 years) will be 12 month according to a “virtual currency bill framework using distributed technology and the use of digital currency books in India in the financial system, clarify its use and asset position in the transaction number. It is reported that Subhash Chandra Garg is the person in charge of the drafting of virtual currency policy financial group, said earlier that the implementation of relevant laws and regulations before March 2019. The team meeting is scheduled for December and January 2019 this year.

The Singapore exchange for planning the ICO listed company guidelines

Singapore Exchange (SGX) has been the initial plan for the issuance of coins (ICO) listed companies to set up guidelines. The Singapore Exchange Supervision Bureau (SGX RegCo) CEO Tan Boon Gin stressed the obligation of supervision of Listed Companies in the ICO when there have been problems. As part of the process, intends to carry out ICO listed issuers will provide legal advice about digital tokens and the auditor opinions of ICO calculation treatment. The SGX will also provide the relevant to the listed issuer compliance issues list.

Figure – voice

Xiao Lei: a new round of currency prices or demand level led to a serious shortage of the collective risk sell-off, the overall market is still in a bear market

The Star daily news yesterday, ETH fall, digital currency analyst Xiao Lei to the daily planet Odaily analysis, after the digital currency has experienced widespread skyrocketing last year, since the beginning of this year a new round of adjustment, the first decline, the demand level is led to a serious shortage of the collective selling hedge, ETH first, because the lower the etheric Fang the RMB based on demand and market financing demand, the foundation of survival has shaken the etheric fang. Secondly, the market began to demand government compliance and support, the etheric workshop as the field of digital currency financing currency, may encounter more explicit regulation; third is the block chain industry did not appear to effect the profit, once the price level cannot benefit, it is easy to cause investors to sell. After this round of decline, the market may fall into a new downturn, fell short of too much may rebound, but the overall is still in the bear market.

Meng Yan: block chain industry reached the crossroads of history

Pass card economic expert Meng Yan said today at the seminar on governance mechanism of block chain, on the one hand is the market fell, on the other hand is the traditional financial industry into the large block chain industry come to the crossroads of history. He said that governments are taking action to promote the development of chain block. Among them, Hongkong recently or will have greater action.

Australia: Satoshi nChain holds 100 patents, no one can help me

11 Sept. 20, Macao Satoshi tweets said nChain holds 100 patents, and 1000 patents are brewing in the application, no one can take him away from the field of encryption currency. According to the test, BSV is currently still in force is falling in contrast to leeward, output blocks are also less ABC bifurcation 66.

 The daily planet | bitcoin mining machine below cost price; bitcoin futures fell over 11%; the blockchain group listed on the Hong Kong stock company was ordered to liquidation

Li Xiaolai: hold virtual currency and had decided to hold for a long time, so it can’t turn the line

Li Xiaolai micro Bo said, before I said, “I am going to take a few years to switch. As for what to do next, not ready yet.” That I had to do what? I had a teacher, and later career; as a writer, it not; did investment it has not (for personal investment because I no longer established institutions); and had decided to hold a virtual currency long-term hold, so also not line…… I mean, I have to take a few years to find a I haven’t done the thing to do anyway, my life is multi-threaded work, never do a thing “, this is no way, I am not a single thread operating system.

 The daily planet | bitcoin mining machine below cost price; bitcoin futures fell over 11%; the blockchain group listed on the Hong Kong stock company was ordered to liquidation

Get capital founder Yi Lihua: big bifurcation causes falls continue to appear

Today in the new world, 2018 block chain reconstruction economic summit in Hangzhou, where capital founder Yi Lihua said that the main reason falls arise: first, continue to make the big bifurcation, bitcoin consensus further division; second, the further global economic downturn, a very direct, the next few months, the U.S. economy may fall to 1.5-1.6 so, it will cause great negative impact on the global economy; third, the United States SEC has begun a rigorous measures of ICO project, on the other hand, the United States SEC for STO fourth, relatively friendly; by the end of 2017 from many block chain project, but a year later there are many projects of all kinds of problems that more and more investors began to question the block chain industry, greatly affected the development of the industry chain block.

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