比特币行情坐上“过山车” 24小时内36万人爆仓

　　近日，比特币行情如坐“过山车”，先是一路狂涨，一枚币的价格一度高于一公斤黄金。到2月22日晚间，又从5.7万美元左右一度跌至4.7万美元。24小时内，36万人爆仓。这样的暴涨暴跌再度引发人们对以比特币为代表的“币圈”投资的关注。扬子晚报记者采访相关玩家和专家发现，比特币仍处于“灰色地带”，诸多风险需要注意。

In recent days, Bitcoin has been sitting in “ & & rdquo; first on a steeper journey, with a price of one currency once higher than one kilogram of gold. By the evening of February 22, another drop was made from about $57,000 to $47,000. Within 24 hours, 360,000 people burst. This surge and collapse has again triggered concerns about &ldquao, which is represented by Bitco; currency & rdquo; investment. Yanko's evening reporter interviewed the players and experts who found that Bitco was still in & ldquao; the grey zone & rdquao; and many risks that needed attention.

　　策划 沈春宁  撰稿 实习生 曹宇昂

Shen Chunning & nbsp; contributor Intern Cao Woo Aung

　　扬子晚报/紫牛新闻记者 徐兢 马燕

Yangzi Evening/Uchi Journalist Xu Chien Ma Yin

　　【新闻背景】

　　比特币行情坐上“过山车”

Bitcoin rides

　　24小时内36万人爆仓

360,000 people in 24 hours

　　近段时间，全球市场中最刺激的投资产品或许就是比特币了。2月22日，比特币一度从5.7万美元左右跌至4.7万美元。24小时之内，共约36万人爆仓，约37.20亿美元（约合人民币240.55亿元）资金消失。据称，这或许是特斯拉CEO马斯克“多嘴”惹的祸。本月早些时候，特斯拉透露购买了价值15亿美元的比特币。马斯克甚至将自己的推特头像改为了有比特币元素的图案。这或许刺激了比特币进一步大涨。

In recent times, the most exciting investment product in the global market has probably been Bitcoin. On February 22, Bitcoin once fell from about $570 million to $470 million. Within 24 hours, about 360,000 people blew up and about $3.72 billion (about 24.5 billion renminbi) went missing.

　　然而，上周末马斯克又表示，比特币和以太坊的价格“看起来确实很高”。这被视为比特币在接下来两天持续下跌的原因。

Last weekend, however, Musk also said that Bitcoin and Etheria prices & & & & & & & & & looked really high & & & &. This is seen as why bitcoin continued to fall over the next two days.

　　比尔·盖茨在访谈中表示，他不是比特币的粉丝，因为比特币的开采会消耗大量能源，对环境造成影响。他还表示，如果投资者没有马斯克那么多的钱，还是应该小心点。

Bill · Gates said in an interview that he was not a fan of Bitcoin, because bitcoin mining consumes a lot of energy and has an impact on the environment. He also said that investors should be careful if they don't have as much money as Mask.

　　【记者探访】

　　比特币投资可能收益高，但风险大，“坑”也非常多

Bitcoin investments may have high returns but high risks, &ldquao; pits & rdquao; and very many

　　扬子晚报记者采访了几位“币圈”的玩家或有兴趣的人士。他们介绍，比特币等“币圈”的收益可能不小，但“坑”也很多，提醒大家注意风险。

Yanko Evening journalists interviewed several & & ldquo; currency circle & & rdquo; players or interested people. They introduced, for example, Bitcoin & & & rdquao; probably not much, but & & ldquao; pits & & rdquao; and many, reminding you of the risks.

　　●95后小刘：

After > 95, Xiao Liu:

　　若回到几年前或许会投资 现在想投资但顾忌风险高

If you go back a few years, you might invest, now you want to invest, but you're afraid of risk.

　　南京95后小刘对比特币非常有兴趣，一直在研究但没有实质性介入。他关注比特币的原因是“它太赚钱了。2013年左右一个比特币还是600元左右，现在相当于34万元一个了，若回到几年前或许会投资”。

Little Liu Bitcoin was very interested after Nanjing 95 and has been studying it without substantive involvement. The reason he was concerned about Bitcoin is & & ldquo; it's too profitable. In 2013 or around $600, it's now equivalent to $340,000, and it might have invested & rdquo a few years ago.

　　小刘介绍，自己没有介入的原因除了没有本金，也顾忌风险高。“理论上讲，你只要有一台电脑就能玩，但实践中，挖币非常‘烧’电费；而且为了提高运算能力，必须花很多钱买显卡，提高运算能力。”他粗略估算了一下，除非自己有50万元的闲钱，不然是无法启动“挖币”的。

& & ldquo; theoretically, you can play with a computer, but in practice, &lsquao; burning ’ electricity; and in order to improve the ability to do so, you have to spend a lot of money to buy a card and improve its ability to do so. & & rdquo; he roughly estimates that & & ldquao; & rdquao; & & rdquao;

　　小刘告诉扬子晚报记者，投资比特币，先要了解一个“挖矿”的术语；而了解“挖矿”，先要知道“哈希算法”。“挖矿的本质就是计算。哈希算法是个公式。把一个数字丢进这个公式，会生成一个完全随机的值，这个值只有0和1组成。‘挖矿’就是利用计算机的计算性能，通过穷举法，将随机数通过哈希算法计算后，如果能算出一个前76位都是0的数字（总数256位），则这个区块就被成功打包，对应的奖励就是12.5个比特币，这个过程就叫‘挖矿’。”他介绍，所谓“挖矿机”，就是计算能力非常强的计算机，耗电量非常大。

Liu told Yanko's late reporter that investing in Bitcoin would first know a term for “ mining & rdquo; understanding “ mining & rdquo; first knowing & “ Hashi algorithms & rdquo; & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & ; & & & & & & & & & ; & & & & & & & & & & & & & & Qu ; ;

　　小刘介绍，过程中要使用外网，现在是“灰色地带”。目前其合法性还是问题，不在监管保护之列，也容易导致诈骗滋生。比如有不法商家把木马程序包装成所谓的矿池程序，获取个人信息。再比如显卡的二级市场疯狂炒作，投资者或沦为“接盘侠”。

Liu introduced the use of the extranet, which is now &ldquao; the grey zone & & rdquao;. The legitimacy of this is still a problem and is not subject to regulatory protection, which can easily lead to fraud. For example, there are illegal traders that package the wooden horse program into so-called mineral ponds and get personal information. For example, the secondary market of the card is frenzy, the investor becomes & & ldquao; the receiver & rdquao;

　　●70后王先生：

Mr. Queen 70:

　　自己曾加杠杆赚到1500万元 也见过不少人加杠杆爆仓

"Strong" used to leverage 15 million dollars, and I've seen a lot of people do it.

　　70后王先生是一位从业20多年的基金经理，4年前经朋友介绍拿出200万元人民币投资比特币。当时比特币价格是两千多元人民币，他觉得相比于房子和股票来说便宜。2020年4月到2021年年初，赶上比特币从7000多美金上涨到4万多美金，他赚了15倍收益，约1500万元人民币，“当时感觉涨太高风险太大了，就果断将1500万元收益提现了，仅留存少量资金在里面”。事实证明，他的预感没错，最近的这次大跌他的账户回撤了30%。

Mr. Queen 70, a fund manager who had been working for more than 20 years, invested 2 million yuan in bitcoins four years ago with friends. At that time, the price of Bitcoins was 2,000 yuan, which he felt was cheaper than that of houses and stocks.

　　王先生介绍，比特币是虚拟货币，有两种投资方式：一种是买现货，之后按兵不动，等有涨幅再卖出；另一种是加杠杆，即炒比特币，比如投入1个币买合约，拿出0.1的份额买多，如果后市上涨，便会有收益；如果下跌，则可能血本无归。当然，也可以看空。关键是方向要看对。比如他赚取15倍收益，就是加了20倍的杠杆。“加杠杆很刺激，收益翻很多倍，但是风险极大，普通投资者如果想参与比特币，不建议加杠杆”。他亲眼看到身边有朋友加杠杆导致爆仓，他自己第一年也曾全部亏光。

Mr. Wang described Bitcoin as a virtual currency, with two types of investment: one that buys cash, and then does not move, and then sells it up and down; the other that leverages, i.e., that they buy a bitcoin, for example, by investing in a dollar to buy a contract, with a larger share of 0.1, and if the post-market rises, they will pay off; if they fall, they may lose their blood. Of course, they can also look empty. The key is that he earns, for example, 15 times, a 20-fold leverage. And & ldquo; leverage, many times the return, but the risk is too high for ordinary investors to propose leverage & rdquo if they want to participate in bitco; and he sees friends with leverage around him that led to a bang, and he lost all of his first year.

　　“比特币我会继续投资，但仓位不敢太高。如果你有100万元闲置资金，最多拿出3万元来投资比特币。”作为资深基金经理，他深谙流动性投资品种的投资规律，却也感慨比特币风险的“无限大”，属于高风险品种。万一哪天崩盘，跌回1美金也不是没有可能。收益方面，每年两三倍就很满足了。“涨了一定要及时卖，落袋为安”。

& & & & & & ; bitcoin, I will continue to invest, but not too high. If you have $1 million in idle money, you will spend up to $30,000 to invest in bitcoin. & & rdquo; as a senior fund manager, he is well aware of the investment patterns of the liquid investment variety & & & & & & & & & ; infinity & & & & &, is a high-risk species. It's not impossible to fall back to $1 in case of a fall.

　　●60后李先生：

After > 60, Mr. Lee:

　　炒币比炒股波动大很多 而且相对虚拟看不太清楚

"strong" is a lot more volatile than "stroking" and it's less visible than it is.

　　南京60后李先生抱着学习新鲜事物的心态接触了“币圈”。他现在有10台矿机及一些以太坊，目前账面上有收益，但没有变现。对于虚拟货币的走势，他坦言还看不太清楚。

After 60 years in Nanjing, Mr. Lee approached & & ldquo; the currency circle & & rdquao;. He now has 10 mine machines and some Ether, and has a profit on the books, but he hasn't realized it. He's not very clear about the evolution of virtual money.

　　李先生告诉扬子晚报记者，因为币炒得很厉害，所以也有人开始炒矿机。一年多前，朋友开了家跟矿机有关的公司。他给朋友捧场，买了10台矿机。“当时的价格是1.18万元/台，现在据朋友说涨到2.98万元/台了。不过，这些矿机挖的不是比特币，而是另一种币。”

Mr. Lee told the Yanko Evening Reporter that some people had started to fire the mine because the coins were so expensive. More than a year ago, a friend opened up a company related to the mine machine. He bought 10 mine machines for his friends. “ the price was $1.18 million at that time, and now, according to friends, is $29.8 million. However, these machines dig not bitco but another currency. & rdquao;

　　李先生说，矿机就像一台计算机，通过算力挖矿。如果矿机的技术不过关，也会停下来。所以他的矿机2020年12月才开始挖币，到现在挖了一共六七十个币。“可以交易，但我还没有交易。朋友告诉我，价值还没有体现，得捂一段时间”。

Mr. Lee said that the mine machine was like a computer, digging through the arithmetic. If the technology of the mine wasn't closed, it would stop. So his miner only started digging in December 2020, and now it's six hundred and seventy. “ it can be traded, but I haven't.

　　他介绍，比特币是虚拟货币的一代代表；以太坊是二代虚拟货币的代表。1年多前，当以太坊是1800元一个的时候，他在朋友的建议下买进，后来跌到900元左右，再后来到了五六千元，2021年过年后已经过万了。

He described Bitcoin as a generation representative of a virtual currency; Etheria as a second generation representative of a virtual currency. More than a year ago, when Etherno was $1,800, he bought it at the suggestion of a friend, then fell to about $900, then 5,000 dollars, and over 10,000 years later in 2021.

　　李先生同时也是股民。他感觉，炒币跟炒股有一定的相似性。从交易时间来看，炒币是24小时、365天都可以，比炒股交易方便。但另一方面，他认为，炒股能看到上市公司的实实在在的业绩，比较形象具体；而虚拟货币的涨跌看不太清楚，如何运用也不清晰。监管政策他也不是十分了解。这些可能都要关注。

Mr. Lee is also a shareholder. He feels that there is a similarity between the coins and the shares. From the time of the transaction, the coins are available for 24 hours and 365 days, which is easier than the stock exchange.

　　【专家提醒】

[Expert reminder]

　　比特币不能和黄金比 是泡沫资产风险极高

bitcoin cannot be compared to gold is very risky for foam assets

　　普通投资者无法承受其波动

Ordinary investors cannot withstand their volatility

　　盘古智库高级研究员江瀚在接受扬子晚报记者采访时表示：“比特币完全不能和黄金比，这是一个风险极大的资产！”

In an interview with a journalist from the Yanko Evening newspaper, Kang Sang, a senior researcher from the Tokuku think tank, said: & ldquo; Bitcoin's total inability to match gold is a very risky asset! & rdquao;

　　江瀚解释说，比特币实际上是一个风险的泡沫。对于比特币来说，当前最大的问题就是其已经被过度炒作。“我们不是说比特币没有价值，而是说它的价值和当前它所体现的价格之间是严重背离的，因此，目前比特币风险极高。”

Jiang Quan explained that Bitcoin is actually a risk bubble. For Bitcoin, the biggest problem is that it has been overworked. “ we say not that bitcoin has no value, but that its value is grossly different from the price it currently represents, so that bitcoin is currently extremely risky. ”

　　“如今比特币价格大跌，实际上也正在验证我们的判断，这就是对于整个市场来说比特币的风险已经积累到了非常高的水平，那么任何一次风险的释放都有可能引发其价格的剧烈波动，这种波动对于普通投资者来说是一种完全无法承受的水平。”江瀚提醒，普通投资者一定要密切关注比特币存在的风险，千万不要被其过度上涨的价格冲昏了头脑。

& & & & ldquo; Now that bitcoin prices have fallen, in fact, we are testing our judgement that the risk of bitcoin has accumulated to a very high level for the market as a whole, so that any release of risk could trigger a sharp price volatility that would be totally unbearable for ordinary investors. ” Jiangjun warns that ordinary investors must pay close attention to Bitcoin’s risks, and do not lose their minds over the price of its excessive rise.

　　著名经济学家宋清辉接受扬子晚报记者采访时介绍，比特币和黄金、股票有很大的不同，与风险相对较低、无法被人为操控的黄金实物相比，比特币是虚拟资产，风险系数很高。比特币与股票相比，由于其不依赖于特定的机构来发行，而是根据特定的算法计算，因此投资者对其信心较低，泡沫可能会随时破灭。股票作为一种有价证券，可以通过上市公司的经营状况表现来判断其自身的价值，风险相对可控。从投资角度来讲，炒比特币的风险很高，其未来充满大量未知，并不适合散户投资。

Distinguished economist Song Qinghui, in an interview with Yanko Evening Reporter, described Bitcoin as a virtual asset with a high risk factor compared to gold objects that were relatively low-risk and could not be manipulated. Bitcoin compared to equities, because it was not dependent on specific institutions for issuance but was based on specific algorithms, had lower investor confidence and the bubble could collapse at any time.

　　比特币之前暴涨，现在暴跌，原因有很多，归根结底还是因为信心使然。回溯历史，投资者对其信心较高时，比特币价格就会大涨，反则可能大跌。他认为，比特币是典型的泡沫资产，不过是疯狂投机的一个最新化身而已，最终或会走向破灭，如同1637年的“郁金香狂热”、2000年的互联网泡沫那样。比特币极高的风险众所周知，有人甚至为此人财两空，家破人亡。

In his view, Bitcoin is a typical foam asset, but only a recent incarnation of wild speculation, and may eventually lead to collapse, as in 1637 & ldquo; tulips and & rdquo; and 2000 Internet bubbles. The high risk of Bitcoin is well known, and even for that reason, some people have lost their homes.

　　在政策法律层面，比特币交易属于“灰色地带”，经常被用于非法融资、洗钱等违法犯罪行为，是游走于“灰色地带”的特殊“等价物”。未来，比特币尚待法律进一步明确其价值，才有可能作为货币流通使用。

At the policy and legal level, bitcoin transactions are &ldquao; grey zone & rdquao; often used for illegal financing, money-laundering, etc., as a criminal offence that moves around & & & & & & rdquao; special & & & & & ldquao; equivalents & & rdquao;. In the future, bitcoin is likely to be used as a currency in circulation, pending further clarification of its value by law.