Bitcoin up 10 million times in ten years

For this bitcoin, we all have a certain influence on it< because bitcoin has a group of people investing in 2021, it is in a very good state as a whole, which makes many people feel that bitcoin is a very good choice so they will choose to dig bitcoin at this time. We can also understand the occurrence of this event, because for many young markets, they still make us feel very good when facing this kind of thing, so what I don't understand is that nearly 20% of Internet cafes in South Korea choose to mine at this time, We all understand this, because bitcoin itself belongs to virtual currency{ RRRRR}

so this tells us that many people do not keep a good attitude in the process of choosing bitcoin, which will naturally have a very bad impact on us at this time

Bitcoin is a kind of virtual currency, which has attracted the attention of many people since its birth, and also made many people devote themselves to mining. Today, the price of a single bitcoin has increased by more than 10 million times in the past ten years, which makes more people focus on this virtual currency, and makes bitcoin cause widespread concern once there is any disturbance< however, although bitcoin's rise is exaggerated, it has lost the room for growth at present , mainly because of the following two points

We invested 1 yuan in that year, and now we get 10.8 million yuan! The market value of bitcoin can buy 22 Yunnan Baiyao, which has increased by more than 10 million times in ten years. After breaking through 25000 US dollars on the 26th, the transaction price of bitcoin continued to rise< as of 14:24 Beijing time on the 27th, data from coindesk showed that the price of bitcoin was $27372 each, up more than 10% in 24 hours

the key to maintaining monetary belief is scarcity. In primitive society, shells were also used as currency. This is because people find that shells also require a lot of labor time< the scarcity of shells determines the intrinsic value of these shells but if people go to the seaside and find endless shells everywhere, the shells will become worthless and people will start to use other scarce commodities as money

As of 14:24 Beijing time on the 27th, data from coindesk showed that bitcoin was quoted at US $27372 per coin, up more than 10% in 24 hours. The total market value of bitcoin is 508.6 billion US dollars (about 3.3 trillion yuan) , and it can buy about 22 Yunnan Baiyao (the latest total market value of a shares is 146.3 billion)

it is understood that since the birth of bitcoin in 2009, its first price was about US $0.0025 when it was purchased in 2010. Based on the price of US $27000, the price increase of bitcoin since its birth has reached 10.8 million times

that is to say, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million. Even if bitcoin has made such an amazing increase, Citibank recently announced a target price of $300000, which is 11 times higher than the current price

expansion data:

24 hours, the whole network burst warehouse 4 billion 600 million

controversy surrounding bitcoin has never stopped, some people think it is hype, sooner or later, it will be "tulips bubble", some people think that the bitcoin's scarcity has pushed up its rise. So some are short and some are long

on a day of crazy rise, short bets of bitcoin were completely exploded. According to the real-time statistics of bitcoin home.com, in the last 48 hours, the fund of all kinds of cryptocurrencies in the whole network has burst to US $700 million (RMB 4.6 billion), of which the fund of bitcoin has burst to US $587 million, and the number of people in the whole network has exceeded 60000 in the last 48 hours

Since the birth of bitcoin in 2009, the first price to buy bitcoin in 2010 was about US $0.0025. At a price of $27000, bitcoin has risen 10.8 million times since its birth< In other words, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million even with bitcoin's amazing growth, Citibank recently announced a target price of $300000, which is 11 times the current price

The fact that the price of bitcoin has increased by more than 10 million times in the past decade, I think the value of bitcoin is man-made, because for this kind of conceptual currency, in fact, it has no special significance . It's just that too many people on the Internet are optimistic about this currency, so this kind of thing happens. For us, Whether bitcoin can give us hope is not certain. If compared with the past, China's currency or technology has also increased a lot. So this thing is not more practical than bitcoin? For bitcoin, it's just a conceptual thing, and we don't know whether the conceptual thing can remain eternal

when we see these things, we must understand that many things are not what we has the final say. So sometimes we may feel that such things make us feel a bit excessive, but for some people in the stock market, they are very excited. If you buy bitcoin at a low price and then turn it to so many now, it may be a good opportunity to make a lot of money. The price of bitcoin has increased by over 10000000 times in 10 years. I think the value of bitcoin is man-made. For this kind of conceptual currency, in fact, it has no special significance

What is a bitcoin miner? I often hear about bitcoin, bitcoin mining machine. Let's talk about bitcoin. Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power