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How long does it take for the FIL currency to reach 1000 USD?
Currency prices fluctuate greatly, so it is impossible to estimate the time.

First of all, the price of fil coins is in the early stage, and the price of FIL coins fluctuates greatly. In the early stage of the development of fil coins, the higher currency price has an impact on the income of FIL, but the lower currency price will reduce the cost.

Secondly, fil coins set up a special economic model to ensure the safety and efficiency of miners' data storage. Miners need to prepare a certain amount of fil coins as pledge coins in advance to ensure the safety of stored data and return them later. Miners also need to prepare a certain amount of fil coins as gas consumption to pay the cost of network nodes.

Finally, based on practical application, fil coin is the only digital currency with landing application value in blockchain.

Fil currency ipfs distributed storage protocol is the first protocol in the field of Internet digital currency storage at present. As long as the process of participating in fil coins is carried out through storage, it will not consume too much computing performance of the computer and the power consumption is low. In the future, fil will be able to run by storing real data, and the use value of fil has great development potential.

In the current blockchain market, distributed storage has created a new generation of Internet underlying transport protocols, which is one of the strongest trends. As for fil, it is a kind of digital currency with practical value. The project application through blockchain skills will only be discovered and recognized by the market.

FIL coins have practical applications as the basis, while Bitcoin has no practical applications as the basis.

Bitcoin is the first in digital currency, which has opened the prelude to the blockchain and opened the high-speed channel for the development of digital currency, and it is a well-deserved leader in the currency circle. But bitcoin has no practical application value as the basis. The process of digging bitcoin basically consumes the computing performance of the computer for no reason, and it also consumes huge electric energy, which is very environmentally unfriendly.

FIL coin is a token issued based on the WEB3.0 distributed storage protocol IPFS, which belongs to the first coin in the field of Internet storage. Moreover, the mining process of FIL coins is to use the stored energy for mining, which will not consume too much computing performance of the computer and the relative power consumption is also low. In the future, miners are expected to mine by storing real data, and their use value has great development potential.

According to the analysis of the white paper and economic model, this goal can still be achieved. From the perspective of long-term sustainable and stable income, it is suggested to give priority to mining.

At present, Grey Fund has officially invested in FIL, A-share listed companies have invested 580 million yuan to participate in FIL mining, Nine Cities, a domestic large-scale game "Warcraft", has invested10 million US dollars in FIL mining, and the largest centralized cloud computing service provider in Fuzhou, Fujian has distributed storage, and Huawei, Alibaba Cloud and Tencent Cloud are also planning layout.

And 202 1 is the best time for retail investors to participate in investment, so it is particularly important to choose a powerful and reliable miner to participate in mining.

What Filecoin is trying to build is a decentralized storage trading market. By constructing network protocols for storage construction, storage transaction and data retrieval, it is expected to build a new digital infrastructure in the Web 3.0 era and lay the foundation for the future of data privatization.

According to the current price trend of FIL, after a period of time, many ordinary people and small businesses will have no chance to participate, and their strength may be insufficient. Just like Bitcoin, it is now fully institutionalized.

We can further imagine that with the advent of the era of 5G and big data, human demand for data storage will increase exponentially. By 2025, the global storage market value will reach 23 trillion US dollars. By that time, most of HTTP has been replaced, and most of the 23 trillion yuan is distributed storage. By then, among many distributed storage projects, IPFS has the best chance to lead.

There is one more detail. In 2026, the output of FIL coins will be halved! Moreover, with the improvement of the computing power of the whole network, the output efficiency has been declining. Throughout the history of BTC, every time it was halved, it immediately ushered in a bull market. 20 12, the price of BTC in the bull market rose from 2U to1200u; At 20 13. 20 16 bull market BTC price rose from 650U to 20 17 19000U.