BTC current block height

1.

The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks

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. Point to point transmission means a decentralized payment system

unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

e to the decentralized programming of 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

2.

It's about 37 yuan

let me first introce the reward mechanism of bitcoin system

bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping

there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years

at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin

about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc

3. Bitcoin has been experiencing a lot of volatility, which worries traders and investors. But according to market experts, it's just a matter of time before bitcoin reappears. Bitcoin is still the only cryptocurrency that has received worldwide attention, recognition and adoption. It has been accepted by organizations and payment gateways around the world, and even new milestones are being achieved. For example, bitcoin's hash rate has reached a record high of 6.2 billion trillion< Let's take a look at the famous bitcoin forecast:
1 Tom Lee bitcoin price forecast
former chief stock strategist JP Morgan, co-founder and research director of fundstrat Tom Lee believes that the break even cost of mining a BTC is directly related to the price of cryptocurrency. He believes that BTC will grow as he expects more institutional investors to adopt bitcoin and the user base of bitcoin to grow steadily. In a recent interview, he said that bitcoin could bring 100% return to investors in 2020 after the expected halving of bitcoin in May 2020
2 Fran strajnar bitcoin price forecast
Fran strajnar put forward a very optimistic forecast that BTC may reach US $200000 by January 2020. He believes that the adoption rate is directly proportional to the price rise. The higher the adoption rate, the more the value increases<
3 bby Lee bitcoin price forecast
Bob Lee, CEO of BTCC, China's first exchange, once said that bitcoin will take 20 years to reach $1 million. Now his prediction has completely changed. Bob Lee, the co-founder of BTCC (Hong Kong bitcoin exchange), and Charlie Lee, the brother of lightcoin, gave extremely optimistic predictions, but they began to be bearish. He claimed that bitcoin could start to recover from the end of 2020, reach $333000 by 2021, and then drop to $41000 by 2023. He repeatedly pointed out that the market capital may reach $7 trillion, which may exceed the market value of gold. He even mentioned that bitcoin will lead to price stability and global liquidity in the next few years
4 John McAfee bitcoin price forecast
John McAfee has always been one of the stagnant bitcoin enthusiasts, and he puts forward his own forecast from time to time. He has recently become more optimistic than ever, saying that bitcoin could reach $1 million by 2020. Other bitcoins such as Apollo and MTC are likely to rise 10 times as much as BTC enthusiasts. He recently said that his past forecast of $1 million for bitcoin was just a trick
McAfee predicts that 10 years from now, "there will be no legal tender in the world, everything will become cryptocurrency."< 5 Tim Draper bitcoin price forecast
Tim Draper is one of the famous venture capitalists. He predicts that bitcoin will occupy 5% of the money market by 2023. He is optimistic that the price of bitcoin could rise by $250000 by 2023
our forecast:
2020 bitcoin price forecast: will bitcoin rise
bitcoin has been doing well, and recently it has started a bull market. This shocked the market. Now, traders and investors are in a state where they are trying to make the most of the bull market. The more transactions, the higher the price. In addition, we know that bitcoin is scarce in circulation, that is, only 21 million bitcoins can be mined, of which 17 million have been mined, which means that only 4 million will be mined, which will make it more valuable
in addition, some countries such as the United States, Japan and South Korea have shown great willingness to integrate bitcoin and other cryptocurrencies into their financial systems by establishing a regulated market that can operate freely and safely. By the end of 2020, the price of bitcoin will reach $23499
bitcoin price forecast 2022
by 2022, bitcoin may have an unexpected growth, and the adoption rate will increase by two times. Bitcoin may be accepted as the most feasible payment system by the public all over the world, and there is no trouble. In any case, bitcoin is not out of reach until it becomes the sweet spot of legal tender, and most developed countries are likely to see changes faster than other currencies. By 2022, given steady progress, bitcoin could reach $32000
bitcoin price forecast 2025
bitcoin price forecast shows that through five years of investment, bitcoin price will maintain 385.450281% of BTC price value for a long time. This means that in 2025, the price of bitcoin is expected to reach $50044.6 Bitcoin's future forecast)
bitcoin may reach the $50000 mark in 2025, which may push the encryption market to a completely different height. According to the prediction and analysis, bitcoin is ranked first without any competitors. Graally, bitcoin is likely to be seen more as a store of value, as well as an alternative currency. There are some bitcoin price forecasting tools that can help experts get the data. As encryption enthusiasts like John McAfee predicted, legal tender could be replaced by bitcoin
by 2025, bitcoin may be used more frequently by more people, that is, real-time use cases will increase, which will make it more powerful.

4. With risk hedging strategy, it doesn't matter when to start. Even if the highest point in history comes into the market, there is nothing to worry about<

for example, if bitcoin's current price is $10000,

if it goes up to $11000, the spot profit will be $1000,
if it goes down to $9000, the spot loss will be $1000,

If a put option hedging is opened in bitoffer, the cost will only be $20,
if bitcoin goes down from $10000 to $9000, Spot loss of $1000

put option profit of $1000, the two mutually offset, your account has no loss, this is the charm of hedging
after opening the hedging mechanism, your account will make money if it goes up, and even if it goes down, because the risk has been completely offset

5.

We know that this is an era of high economic development. More and more people begin to pay attention to the self-development of the economy. At the same time, they are willing to put their spare funds into other instries to make money. This is a way to make future investment or risk aversion, After all, people are full of many factors for the instability of the market, such as a wave of new epidemic action in 2020. So what's the next step for bitcoin to reach a new high in 2020{ RRRRR}

3. For companies that issue bitcoin, it will have a very good development< p> Finally, for companies that issue bitcoin, this is a very good development, because the more people hold bitcoin, the higher the market value and price of the company

6. Theoretically, the block reward generated every day is 12.5 (number of rewards per block) * 6 * 24 (6 blocks per hour, 24 hours per day) = 1800btc
bitcoin network generates one block every 10 minutes on average, and the reward for each block is currently 12.5. At the earliest time, 50 BTCs were awarded to each block, which was halved after 210000 blocks were excavated, about once every four years. It is expected that the next halving will be in May 2020, when the reward for each block will become 6.25
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7. Bitcoin has created the highest price in history, with the highest value of about US $20000, making it rich overnight.

8. I think this is the biggest problem of BTC at present. The current transaction volume is still very small. If the transaction volume increases by 100 times, the client data will become a headache, that is, the transaction volume does not rise. If the wallet keeps rising and reaches the P level, synchronization will become impossible. The designer of BTC has considered this problem, but it's a pity that the problem has not been solved after he left.

9. Bitcoin block height refers to the block limit