China's bitcoin trade in 2020

1.

The remitter will pay bitcoin directly to the other party according to the address of the payee through the computer or smart phone

after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed

the bitcoin peer-to-peer network stores all transaction history in the "blockchain". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. In fact, blockchain is a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history

extended data

users can buy bitcoin, and at the same time, they can "mine" bitcoin by using computers to perform a large number of calculations 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

from 2012 to 2014, bitcoin swept the world, and graally formed the "virtual currency" instry chain represented by bitcoin. This is a change in the financial instry and a new proct of the combination of the financial instry and the Internet. It represents a financial milestone in the new era and marks a new chapter in the history of the Internet. Bitcoin fund is one of the derivative procts represented by bitcoin in the era of "virtual currency"

according to the relevant news reports of Fuhui China, bitcoin fund will be open for operation in the autumn of 2014. Fuhui bitcoin fund, as the world's first operation mode of mutual benefit and win-win with financial management mode, is original and full of temptation and challenge

2.

Unfortunately, bitcoin is no longer tradable in mainland China. Bitcoin China announced that it will stop all trading business on September 30, 2017

development information:

after bitcoin China and microbit, the bitcoin trading platforms in Shanghai and Shenzhen, respectively announced that they would close their trading business on September 30, 2017, on the evening of September 15, two other large domestic bitcoin trading platforms, Huo coin.com and okcoin.com, headquartered in Beijing, announced that they would suspend their registration from 21:30 on September 15, 2017 RMB recharge business; All users will be informed before September 30 that they are about to stop trading, and the trading business of all digital assets against RMB will be graally stopped before October 31

according to worldcoindex data, since September 1, bitcoin has dropped from $4800 to $3655, a drop of 24%, and its market value has shrunk by nearly $20 billion

in the same period, the decline of ether currency and Wright currency was 37.5% and 31% respectively. Over the past two weeks, Leyte currency has declined by more than 40% on the three major domestic trading platforms

3. We know that since the beginning of this month, the mainland of the people's Republic of China has been unable to trade bitcoin with RMB in several major bitcoin exchanges in China. In the past, several major bitcoin exchanges such as China, okcoin and fire coin have been closed

today, the price of bitcoin once reached 50000 yuan, which fully shows that "bitcoin does not necessarily need China, but China seems to need bitcoin". Closing the Chinese exchange is not the end of the world for bitcoin. Many friends think that it is impossible to use RMB to buy and sell bitcoin now. In fact, it is still very simple to use RMB to buy and sell bitcoin now. Where there is demand, there is market

I personally used localbitcoins, a foreign trading website, a long time ago. It is similar to Taobao. The buyers and sellers registered on it are all indivials. When trading, the credit is guaranteed by localbitcoins. According to the customer's requirements, I choose the above trading list. The system supports the buyers and sellers to chat and exchange

for example, choose RMB to buy bitcoin, you can use Alipay and bank card transaction to complete payment. After receiving the payment, the seller will release the bitcoin frozen by

LocalBitcoins. If the seller does not release, it can submit evidence to the platform arbitration, usually there will be no problem. When choosing sellers, pay attention to choose sellers with high credit value, high evaluation and large historical turnover, and there will be no problem

local bitcoins is a person to person trading platform with a long history, which supports the legal currencies of most countries in the world: pound sterling, US dollar, euro and RMB. In the past, the volume of renminbi transactions was small, but recently, because of the closure of the central exchange in Chinese mainland, the buyers and sellers of RMB settlement became very much and it was easy to close. Besides, it is very convenient to pay and receive money with Alipay and bank card.

in addition to local bitcoin, okex, a subsidiary of okcoin, has recently opened C2C trading, which fully supports RMB trading (update: the point-to-point trading market of fire coin company has also been opened). Since the company is registered in Hong Kong and avoids mainland supervision, the mode is the same as that of local bitcoin. In addition, coincola and bitcoin world are the same person to person trading mode as local bitcoins, but I haven't tried. I don't know the depth of the transaction. With bitcoin, it's easier to trade other virtual currencies. The price of bitcoin is less than 1000 yuan four years ago. The current price of 50000 yuan is indeed high, but if the price of 100000 yuan next year, the current price of 50000 yuan is not high. Of course, no one can guarantee that the price will reach 100000 next year. In addition, you don't have to buy one bitcoin. Both 0.1 and 0.001 bitcoins can be sold

it must be pointed out that investment needs to be cautious, investment needs to be cautious, investment needs to be cautious! Don't understand and afraid of risk friends completely ignore. There are many ways to make money, and investing in cryptocurrencies such as bitcoin is just one of them.

4.

Radar currency is a kind of virtual currency, which does not have the value of real currency and has high risk, so it should not be invested

in 2017, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the risks of token issuance and financing, which clearly pointed out that the token or "virtual currency" used in token issuance and financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and mandatory, and does not have the same legal status as currency, It cannot and should not be used as currency in the market

at the same time, the announcement also pointed out that illegal selling and circulation, raising so-called "virtual currency" from investors, such as bitcoin and Ethernet, is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling token bills, issuing securities, illegal fund-raising, financial fraud, pyramid selling and other illegal criminal activities

extended materials

the value of real currency or something with monetary attribute is guaranteed from two aspects: one is the strong state power guarantee and endorsement, the other is the general public use and irreplaceable. Therefore, virtual currency is obviously not real currency<

after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance

in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities

investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves

5. Well, bitcoin can't be packed in a box. Bitcoin is a virtual currency. The evidence for its existence should be a series of bitcoin addresses, that is, the private key, and the platform account password. Otherwise, they are all bullshit.

6. We should be careful of all kinds of money. The state is about to crack down on these things. These kinds of money are used in the name of virtual money to engage in pyramid selling. Now they are everywhere, many of them. Good luck can play for a year and a half, bad luck in general 2-3 months on the crash run, cry have no place to cry

7. 1. The total number of NGK tokens is limited to 10, and there is no mechanism for additional issuance. Except for the pre g 60 million, the rest of the tokens need to be released through computing power, and the release cycle is six years and 98 days
2. NGK token has circulation value. During the continuous implementation of the public chain system, with the continuous expansion of the business volume of Xingmeng investment company and the eight sectors, it will inject a large number of users into the public chain and effectively drive the ecology of the public chain token

3. NGK's development team will make constructive planning for the ecology of public chain, continuously deepen the value of token through application scenarios, transaction needs, network consensus and other aspects, so as to achieve a strong business background of NGK

4. The consensus mechanism adopted by ngk.io public chain is completely open to the community. Users can enter the public chain system through a low threshold way. From this, we know that NGK is a public chain project really promoted by the community, and then the public chain will give corresponding rewards to the contributors, so a large number of consensus participants will join the system

5. NGK is built through the relationship between supply and demand. Due to the continuous expansion of the market volume, the demand for tokens is also increasing. However, the release speed and quantity of tokens are far lower than the market demand, resulting in the market environment of short supply and demand, which promotes the price of NGK tokens to achieve 100 times and 1000 times.

8. At present, China uses OTC to buy usdt in RMB. Usdt is the token of US dollar, and then uses usdt to buy bitcoin
the major exchanges supporting OTC trading in China are huocoin.com and okex. Using usdt to buy bitcoin requires a service charge, which varies from 0.3% to 0.1% for each transaction. There are also different service charges set according to the member level. If you care about the service charge, you can use umicash to trade bitcoin. They have zero service charge.