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How to buy bitcoin in 2008

Publish: 2021-03-23 17:24:11
1.

bitcoin is forbidden to trade in China digital trading is illegal in China. Financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, or directly or indirectly provide customers with other services related to bitcoin

all financial institutions, Payment institutions and Internet websites providing bitcoin registration, trading and other services should report to China Anti Money Laundering Monitoring and Analysis Center immediately if they find suspicious transactions related to bitcoin and other virtual commodities, and cooperate with the anti money laundering investigation activities of the people's Bank of China; If any criminal activity clues such as fraud, gambling, money laundering are found using bitcoin, they should report to the public security organ in time

extended data:

prohibit bitcoin related services, including:

1, providing bitcoin registration, trading, clearing, settlement and other services for customers

2. Accept bitcoin or use bitcoin as payment and settlement tool

3. Exchange services between bitcoin and RMB and foreign currency

4. Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin

5. Take bitcoin as the investment target of trust, fund, etc< strong>

2.

1 dollar = 1300 bitcoins. This is bitcoin. In 2009, 1 dollar = 1 bitcoin in 2011, 900 dollars = 1 bitcoin in 2013, and about 3880 dollars = 1 bitcoin on August 20, 2017. The highest price of bitcoin in history was on December 17, 2017, 19756 dollars per bitcoin

bitcoin is a virtual currency, and the total amount is set at 21 million, and the total amount is fixed. Bitcoin players can buy special video card miner to excavate bitcoin, and halve the number of mining bitcoin every four years until 21 million pieces have been excavated

so far, bitcoin has been halved twice, more than 17 million pieces have been excavated, and only about 4 million pieces remain to be excavated. According to some estimates, the last bitcoin will be excavated in 2140

General currency is decided by the central bank and virtual currency is decided by indivials. The sovereignty of general currency is in the center of the Republic; The sovereignty of virtual currency lies in distributed indivial nodes

from the perspective of information economics, general currency is a special case of virtual currency. The special point of this special case is:

first, the reference point remains unchanged. Therefore, value is specialized from a set to a recible value. When the reference point remains unchanged, value is equivalent to utility

Secondly, the gain and loss of utility relative to the reference point remain unchanged. This means that the value of reference point is a stable rational value and equilibrium value. In a rational economy, the reference point may remain unchanged, but it is still a scattered set. The difference is that every point (the actual transaction price) of this decentralization is unstable, and only the equilibrium value is stable

But in the value concentration of virtual currency, every point may be stable, on the contrary, the rational equilibrium value may be unstable. Reflecting on the monetary decision mechanism, the central bank is the personified representative of a fixed reference point of rational value, while the virtual money market (such as stock market and game money market) is determined by forces other than the central bank

It is in this sense that some people in economics call the stock market virtual money market and the economy formed by stock market and derivative financial market virtual economy. The essence of virtual economy is information economy with indivial as the center

3.

Bitcoin is forbidden to trade in China

Digital trading is illegal in China. Financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, or directly or indirectly provide customers with other services related to bitcoin

all financial institutions, Payment institutions and Internet websites providing bitcoin registration, trading and other services should report to China Anti Money Laundering Monitoring and Analysis Center immediately if they find suspicious transactions related to bitcoin and other virtual commodities, and cooperate with the anti money laundering investigation activities of the people's Bank of China; If any criminal activity clues such as fraud, gambling, money laundering are found using bitcoin, they should report to the public security organ in time


extended data:

prohibit bitcoin related services, including:

< P > 1, providing bitcoin registration, trading, clearing, settlement and other services for customers

2. Accept bitcoin or use bitcoin as a payment and settlement tool

3

4. Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin

5. Take bitcoin as the investment target of trust, fund, etc< br />

4. The first bitcoin was born in 2009. In fact, bitcoin was worthless until 2010< On November 1, 2008, a self styled Satoshi Nakamoto posted a research statement on a secret cryptography review group, stating his new idea of e-money bitcoin

on January 3, 2009, bitcoin network was born, and Nakamoto himself released the first version of open source bitcoin client. On the same day, the world's first bitcoin blockchain was born, and the world's first 50 bitcoins were created at the same time. At this point, the cost of making bitcoin is almost zero.
5. I went to see it just now. It's sold on Taobao
now it's very difficult to download the program from the official website and do it yourself, but it may take several years. The second way is to buy it. Now it's about 18 dollars, less than 100 yuan. Mt.gox, bitcoin's largest trading website. On the official website of bitcoin, there is a paper by Nakamoto Tsung, which details the technical principles of bitcoin. In short, bitcoin is based on a set of cipher codes and generated by complex algorithms; Anyone can download and run bitcoin software to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P network
by 2140, the total number of bitcoins was 21 million. I suggest you buy it
if you still don't understand, it's suggested to search in the search engine: laoan, or Duan Hongbin, who has many blogs and is easy to find, and also has QQ. Add friends and let him give you< In 2009, a mysterious hacker named Satoshi nakomoto first proposed the concept of bitcoin, and described a method of using computer networks to create an unmanaged "secret currency". Unlike other virtual currencies, bitcoin is not issued by a company or a central bank, nor linked to any real currency, but can be used to buy goods and services in the real world. In essence, it can be seen as a small string of encrypted code quickly transmitted and stored in the electronic wallet on the Internet
just as the P2P networks such as Napster and Skype have made the record instry and telephone instry in chaos, bitcoin, which challenges the modern monetary and financial science, is also based on P2P, which is the same as the BT download technology we commonly use. The advantage of P2P is to ensure that no institution can manipulate the value of bitcoin or increase the supply to create inflation. In a huge P2P network, bitcoin has a special algorithm, which proces about 300 bitcoins per hour. The output is automatically adjusted by the network. Because you can't control most of the network nodes, you can't modify the algorithm of each user to speed up the money proction
figuratively speaking, bitcoin is "mined" by computers all over the world. If you want to get bitcoin, you just need to install mining software, and your computer will start to do a lot of calculations, which is mining
no matter which computer is used to mine, it is easy to get 50 bitcoins in the early days of bitcoin. As early as January this year, 50 bitcoin was not worth $15, but on June 9, a bitcoin was worth as much as $29.55. If you trade them, you can get back $1500 of real gold and silver. Now, however, mining requires high-performance computers, and some developers involved say that it is estimated that an ordinary laptop will work for five years to get a bitcoin.
6. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that its total quantity is limited and it is scarce

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: December 7, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
7. No if
now in bitoffer, you can buy a bitcoin equity, that is, an option, for as little as $5.
8. Bitcoin is a kind of e-coin proced by open source P2P software. Digital coin is a kind of network virtual asset. Bitcoin is also paraphrased as "bitcoin."
bitcoin was born in 2009. It is based on a set of cipher codes and generated by complex algorithms. It can be circulated around the world by any computer connected to the Internet. Anyone can mine, buy, sell or collect bitcoin. Due to its scarcity, cashability, tradability and extremely low cost of Internet payment (especially micro payment), bitcoin has evolved into a virtual digital asset with real price. It is reported that a large number of Internet companies including Internet companies in China have accepted bitcoin payment; In foreign countries, bitcoin has been more widely accepted, and there are tens of thousands of Internet businesses supporting bitcoin payment[ 1]
bitcoin China is the largest bitcoin trading platform in China. The main body of bitcoin China is Shanghai sutexi Network Co., Ltd. the legal representative is Bobby Christopher Lee (English name of Li Qiyuan). The registration date is July 9, 2013, and the registered capital is RMB 1.2 million< br />
9. Characteristics of bitcoin currency:
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: the private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
advantages
complete decentralization, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open source P2P algorithm
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
no borders, cross-border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records
it is difficult for the cat to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency. But these counterfeit currencies are fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency. Many Shanzhai coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical
disadvantages
vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
transaction confirmation takes a long time. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. In order to confirm the accuracy of data, bitcoin transaction will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed
the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading
the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: January 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
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