When it seems that MR>MC, the actual situation is this: I bought a unit of "medicine", a unit of "sickness information", and obtained a new product "cold cure". I cLedger Bitcoin Wallet Chromean only get the product when I am sick (the drug is not effective for a healthy me), no pharmacy can wait until I get sick and prevent me (through other means) from obtaining the goods, and I know that the drug can cure me, etc. Therefore, there is still MC=medicine + sickness information rent=MR.
DaveWeisberger: The trend of Bitcoin in 2020 is very enlightening. With the price of Bitcoin reaching 20,000 USD, a seller wall has been formed. These sellers are not natural sellers, thinking that they have never sold Bitcoin at a price of 20,000 USD. It is not selling at the original purchase price. To be more precise, they are speculators who have been betting on whether the price of Bitcoin can exceed the $20,000 level. As a result, as the short sellers had concealed, the market experienced a surge. There are many speculations about what will happen next. Some people think that Bitcoin may fall below $20,000, but I think Bitcoin should form a new support level at $20,000 unless there is a lot of negative news.
Not surprisingly, the Bitcoin block reward will be reduced by 50% in eight days (approximately around May 12). As part of the Bitcoin issuance, miners can get a certain amount of BTC token rewards for every block produced, but after eight days, the reward amount will drop from 15 BTC per block to 25 BTC, which means about 8 million per day The dollar's bitcoin "disappeared". With the passage of time, the amount of "disappeared" may become more and more.
For exchanges, especially those newly established or third- and fourth-tier exchanges, they are often scarce in the number of pending orders due to insufficient user volume. The exchange currency price fluctuates more widely, which increases user transaction costs. Thereby reducing the user's desire to trade on the exchange. The quantitative team can increase the exchange's trading orders through a variety of quantitative strategies, facilitate users to conclude transactions on the exchange, and enhance the competitiveness of the exchange.
Banks with insufficient reserves may fail, but this will be a healthy market signal, and the survival of the fittest can make the entire market stronger. Looking back at the disintegrated banking system in 2008-2009, you will find that financial institutions know that they will be rescued if something goes wrong, so they pile up leverage. Since the government has made it clear that it will not allow banks to fail, this valuable feedback mechanism has disappeared in the market, and risks have become less and less detectable.
From January to June 2019, the blockchain project received $1 billion from Bitfinex, which has the largest amount of financing, followeLedger Bitcoin Wallet Chromed by Bakkt with $182.5 million in Series A financing. Jianan Zhizhi, one of the three major mining machine manufacturers, also completed a round of financing of hundreds of millions of dollars in the first half of 2019, and the valuation reached billions of dollars after the financing.