What does Bitter Maker mean (Bitter CEO)

What does Biter Maker mean? Biter Maker refers to trading by manipulating market prices. Because the price is predetermined by people. Therefore, there are various arbitrage methods and strategies in the market that can help improve returns. For example, engaging retail investors through small, broad, high selling, and low buying methods; Increase profits for retail investors through leverage or contracts; Using various algorithms to achieve greater returns for individuals If Bitcoin is a currency, then it is a security, an investment tool, or a speculative product with high volatility. However, over time, its value will continue to rise and it will receive more and more attention from people; But when digital assets become a new asset class, this risk also comes – investors have to bear more losses

Biter CEO

According to on-site reports, at the offline meeting of Biter CEO Chen Weixing’s “Consensus 52” held on the afternoon of September 18th, he stated that Biter was one of the earliest blockchain platforms. Since its establishment in 2015, more than 20 wallet addresses have been stolen, excessive transactions have occurred, and a total of over 10 billion RMB has been recovered In addition, he also pointed out that “the rise and fall of coin prices are mostly determined by miners”, and stated that “more and more mining machines will be launched in the future”.