BTC profiteering
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
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.
If you go back to seven years ago and choose a new investment opportunity, you will choose to invest in stocks, and then wait for the 15 year bull market to multiply your assets; They may also invest in real estate, and then wait for the real estate outbreak in 16 years to double their assets. However, if we chose to invest 10000 yuan in bitcoin seven years ago, we could sit on 66.2 billion yuan in 17 years, a rise of more than 6 million times
as we all know, the currency market in 2018 was a tragic year. At the beginning of 2018, the price of bitcoin was at the highest level in history, and the concept of blockchain began to heat up. A lot of people who originally belonged to the outside circle swarmed in to participate in entrepreneurship, employment and money buying. The prospect of the currency market seemed to be very good. Later, as we all know, as the price of currency fell again and again, the newly established blockchain media fell down one by one, and those new people who followed suit to buy currency were trapped in a high position to discuss; Bitcoin& ldquo; Blockchain & quot; There's less and less sound in the room. The coin ring gives these new comers a sense of cruelty
More than 90% of the people are trapped here, and faith is a very strange thing; Like the queen in the last kingdom of American TV series, the Danes gather to attack, she still says & mdash& mdash; God will punish the infidels and calm downlast year, all digital currencies and ICO platforms were shut down in China, and all countries in the world have put restrictions on them. At this time, few ordinary holders are willing to sell, and they basically hold them. This requires great determination, life problems, currency speculation problems, all kinds of problems may cause no longer hold; These problems cause a lot of trouble, so many people do not live well. After half a year, the instry that countries all over the world have entered is & lt; Blockchain & quot; And digital currency! In the game of blockchain, many countries have made some moves, and the holders are also on the sidelines
All those who are eager to get rich lose money
after entering the digital age, I found that there are always some people who dream of making a fortune every day. In their view, bitcoin is a very magical thing, which can instantly change from hundreds of dollars to tens of thousands of dollars overnight. Therefore, they all focus on this direction and think that bitcoin is the next outlet, But the truth is often very cruel
many people choose to buy bitcoin at a low price as soon as they know the news of the price rection of bitcoin, so that they can sell all their bitcoin when the price of bitcoin rises, thus bringing huge benefits to themselves , but after they buy bitcoin, they find that bitcoin, which used to grow fiercely, suddenly begins to plummet, And the price is getting lower day by day
try to understand, we will find that many people who lose money because of bitcoin are small retail investors. They probably only have about 10 to 50 bitcoins in their hands. Everyone hopes that these bitcoins will bring huge profits to themselves, but none of them will lose money. Therefore, I would like to remind you that the risk of digital currency is particularly high. I hope you can invest prudently
now we can also participate in providing storage space to help those customers who need to store content to keep content fragments, and they will get storage fees; Providing retrieval services, bandwidth, and quickly providing the content customers need will get retrieval fees; Packed blocks, each block confirmed, the network will give a reward. Statistically speaking, the return is higher than that of bitcoin mining.
Burst position means that some people go up and some people go down. Although we can't describe bitcoin as a zero sum game , many people do suffer serious losses
for those small partners who recognize bitcoin, they very much recognize the value of bitcoin and believe that bitcoin will continue to rise in the next few decades
for those who deny bitcoin, they think bitcoin has no value, it is just a bubble of capital. I personally prefer the latter view. p>
bitcoin has more than 110000 people in one day
this news is absolutely a sensation in other instries, but in the bitcoin circle, it is a very normal phenomenon that more than 110000 people burst their positions. We know that bitcoin's big ups and downs are very common. Now bitcoin has broken through $60000, reaching the highest level ever. During this period, 110000 people will burst their positions at the same time on the same day. We can imagine how many people will lose money{ RRRRR}
for some investors, they are very concerned about some economic and financial news in their daily life, and they also have more understanding about some investment and financial channels . For example, virtual currencies such as bitcoin or some other dog coins are also in an upward trend in the whole economic market
suddenly fell below the level of $55000, and there is a trend to continue to explore, such a news also makes many consumers feel very miserable. They may have seen the development prospects of bitcoin after soaring, but without seeing the data, there may still be some large financial bubbles. So for the price trend of the whole virtual currency, consumers or investors must be cautious. However, some people think that bitcoin will continue to soar in the future development trend, while others say that the price may fall. However, for such a risky currency, we suggest that you should be cautious in your investment