Bankruptcy of traders using bitcoin

1. The world's largest bitcoin dealer, mtgox, was once the world's largest bitcoin dealer before it went bankrupt last year. Japanese police recently arrested its CEO, mark colperes
bitcoin once became popular and became an investment tool for many people, forcing financial officials including China to warn that investing in this virtual currency is not only illegal but also extremely risky. Mark colperles, 30, lost $387 million on his bitcoin investment, and mtgox, which he acquired in 2011, suddenly went bankrupt in February last year
colperles is suspected of using bitcoin trading computer system to input forged data, resulting in false accounts. He said there was a problem with the computer system, but soon the company went bankrupt. According to reports from Japan, colperles is accused of making $1 million from the company's bankruptcy proceedings, but his defense lawyers denied that he was involved in any illegal act
bitcoin house, the mainstream media in the coin circle, has more reports.

2. 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

3. It is sheer fiction. The one and only trick in what is called the theory of gambling is to throw the bitcoin which can neither be eaten nor drunk. The ultimate goal of human financial management is to keep the value of money even rising to the point where the bubble increases and the price is high in the process of speculation, but in fact, its value has not been raised. What special algorithm is unique? To put it bluntly, the cost of bitcoin is the loss of computer hardware and power consumption. How much is a computer worth when it breaks down? Behind this hype, there is no real economy to support it. It depends entirely on credit. If there is a small violation of discipline in this system, it will be a disaster. Moreover, as a virtual currency, bitcoin is also the hunting target of hackers. Some of these hackers are for fun or selling money after stealing, The other part is employed by the banking consortia that are not involved in the operation of bitcoin in the existing financial system. After all, the operation of bitcoin is only carried out by a very small number of people. The development of bitcoin violates the interests of the existing bigwigs, and they will clean it up without doing anything. In order to ensure the value of bitcoin, only some people want to increase their holding of bitcoin as they want to increase their holding of stocks. In the current economic crisis, no one has enough money to invest in this kind of thing. The rich will be more interested in gold, jewelry and antiques, because these systems have been generally regarded as a collection of values in human history, the simplest example, It took nearly a hundred years for us dollar to break away from the gold standard. Gold's position in finance is not as important as it used to be. However, at present, the strategic reserve of gold in various countries is in progress in unison. American bankers have boundless legal power, but they still can't change people's ideas and let people give up the general equivalent of gold, People's special feelings for gold can't be replaced in a short time by capitalists suppressing the price of gold or making various substitutes. Therefore, no fool will exchange his hard-earned money for worthless bitcoin. In the early publicity, some people used bitcoin to shop and pay for it, which is just a scam put into operation. They lost money and yelled to spend money to make speculation, In fact, the common people are just a group of sheep. As long as they are properly guided, they will follow. We call it fashion. Therefore, whoever believes in the value of bitcoin is the great fool in the Bo fool theory!

4.

In 2018, a friend took 300000 yuan to enter the bitcoin trading platform at that time. The initial spot trading was in a small profit and loss balance because of low volatility. However, he later fell in love with the so-called futures contract market. At the peak, I was able to see with my own eyes the seven digit assets in his account, which had more than quadrupled

in a word, the feeling of zero return of capital or so-called zero return of principal in high-risk investment market is extremely uncomfortable. We should not only see the so-called profit rate behind the high-risk return, but also see whether the principal is completely summarized and you can accept it. Therefore, it is suggested that investors should avoid investing in unfamiliar fields. Because the current virtual digital currency trading market headed by bitcoin, its regulation and rules are not particularly perfect< br />

5. To be clear, the questions you ask have problems

you may not quite understand the difference between "bitcoin" and "bitcoin trading market". It's just that I heard that a bitcoin or something is going to go bankrupt. The bankrupt is "bitcoin trading market", not "bitcoin". Pay attention to the difference
just like a company selling potatoes, potato trading company, it is "potato trading company" rather than "potato" that goes bankrupt
bitcoin, like potatoes, is a commodity. How can a commodity go bankrupt?

6. The impact is very big, because bitcoin will be the same as scrap iron, so those who hold bitcoin shares can support our national currency, the Chinese currency, and have a lot of room for appreciation

7. Bitcoin miner is the hardware device used for bitcoin mining. Bitcoin mining is simply to use your bitcoin mining hardware to calculate mathematical problems, confirm network transactions, and ensure the security of the entire bitcoin network system. In return, you can get a certain amount of bitcoin reward. Bitcoin in your mine is a kind of property. You can exchange it into RMB through bitcoin trading platform, commonly known as cash out. At present, bitcoin mining needs professional ASIC mining machines, such as Avalon mining machine, which has been in the leading position in the instry. If you are Xiao, I suggest you buy Avalon 3 single mode miner. Of course, you can also buy Avalon mining machines with higher computing power. Mining risk, purchase machine need to be careful!

8. Submit your personal account number on the platform and relevant evidence of buying and selling, bank flow, etc.
go to the court or instrial and commercial appeal
at present, bitcoin is still in the shock zone, and the trading platform is not regulated
it is suggested to mention personal computers or hard disks after investment to ensure the integrity of the platform
build a long-term holding or find experts to invest
- bitbao financial services