Bitcoin RMB
the price of bitcoin is always floating, so the price of bitcoin for RMB is always changing. From the beginning, a few years ago, when bitcoin was converted into RMB, it was only one to several, and finally it graally developed to one to more than ten, and then to one to dozens. At this time, it has been very shocking, and many people think it is a very strange phenomenon, As a virtual currency, although many people don't know what its main function is, most people think it's a bit similar to stocks, so they made a series of investments in bitcoin. Until January 2020, the value of bitcoin has grown crazily, rising to nearly 1:47000 this growth rate has exceeded most excellent stocks. Many people are shocked and often want to understand why this phenomenon occurs. In fact, my analysis is mainly caused by the following reasons:
3 Of course, one of the main reasons why the price of bitcoin has risen so fast is also related to the psychology of chasing up and killing down. For example, when many stocks have been rising, more people will buy them, but when they are falling, many people withdraw because of fear. So far, bitcoin's rise is still very large, Therefore, some people think it has investment value, so they have been buying it
Take bitcoin to the OTC platform and sell it in RMB
According to the currency conversion ratio on October 22, 2020, one bitcoin = 86214.10 RMB
compared with fiat money, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or collect bitcoin, And in the transaction process, foreigners can not identify the user's identity information
whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses focused on whether bitcoin was a scam. Now the analysis focuses on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin
extended information:
purchase method:
users can buy bitcoin, at the same time, they can also use the computer to "mine" bitcoin according to the algorithm. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins
e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
moreover, the number of bitcoin is small, and it is too concentrated in the hands of several big players, which leads to its price instability. This is basically not money. Because as a general currency, an important prerequisite is price stability, otherwise the economic order will collapse.