At this stage, the large domestic funds entering the currency circle are still individual investors or private equity funds, and they are all restricted. Because the weak supervision of digital currencies can easily lead to huge losses of funds, fund companies with a little strength are Making money in the secondary market is not difficult, but the difficulty lies in whether you can get the money.
Here we will talk about what changes will the secondary market bring if a large number of institutions enter the secondary market of the currency circle under the existing system. (The following is purely hypothetical, manual and funny) The Icelandic community is a community that dares to speak the truth.
Volume, let’s first look at the volume of the stock market and the digital currency market
Here I have intercepted the current status of mainstream currencies in the currency circle. Looking at the turnover, with the exchange rate of the currency circle generally so high, the turnover is about 500 billion. We don't need to compare the above comparison of market value. As for non-mainstream digital currencies, we basically don’t need to look at them. You can understand whether the above data is true or not.
Here we look at a data situation when the 2019.9.24 crash.
The 24-hour BTC's entire network turnover is about 300 billion yuan (this amount is mainly concentrated in two hours, not to mention why only BTC, not other Mainstream)
benchmarking our stock market’s several plunge data, stock market crashes and circuit breakers, let’s look at the data for yourself, how much money was spent on the market, and how long has it been spent? (50 billion, and only 30% of this data was used at the time of the circuit breaker. Because of the special circumstances at the time, people were panicked. All the situations that led to short funds grouping would soon allow the stampede to occur. Why did you choose this time for comparison? It can be seen)
Here are a few differences. I also listed them in the stock market: leverage, institutional liquidation line. These two points are currently not available in the currency circle, which will lead to the need for more short-stakes funds in the currency circle under the same circumstances.
So how much money was spent on the actual 9.24 BTC disk data?
You have to ask me the above question, I don't know, because I don't have so much funds to spend, and I haven't made a panic disk. How to verify the actual control rate required requires large funds to constantly experiment. But it can be clearly said that there are relevant data in many large coin-making institutions.
Here we are back to the main line. If a large number of institutions enter the currency market, what will happen to this market?
First the institution enters, no matter whether it is connected to an institution that already has relevant data, or it is tentatively done with funds gradually, there are several problems that must be resolved
The first one is capacity. If the market capacity is not large enough, it is not worth it to spend a lot of energy to enter this market. Just like the current options market, most of its functions are still used for hedging or hedging. , If it is tens of billions to directly do the market in it, it will not be able to bear it, which will cause many regulatory problems, such as self-purchase and self-sale.
The second one is security. It is very obvious that this area cannot be solved now. Refer to the story of Yang Yongxing and Xu Mingxing. Several hundred million accounts are cancelled at any time. This will definitely discourage institutions.
The third one is supervision. The current attitude towards the secondary market in the currency circle is not very clear at the regulatory level. It is clear that blockchain is not digital currency. These are two concepts.
After reading these three, you will find that the period for domestic institutions to enter the currency circle market will not be short. If you enter the currency circle, the gameplay is very simple, using the advantages of funds and data, plus their original resource docking channels Long-short propaganda to control the rhythm will be a disaster for leeks, because they are not here to relieve leeks, they are here to make profits. There may be someone who can beat them, but will you be that one? Icelandic community-oneA community that dares to speak the truth
