The total market value of bitcoin is 300 billion
The total number of bitcoins is 21 million
in 2009, when bitcoin was born, block reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25
when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million
extended data
monetary characteristics
1. 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
2. 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
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. 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
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform Mining: users can explore the computing power of different hardware on many platforms
The soaring price of bitcoin means that its market value has exceeded the GDP of some economies and the value of the world's richest billionaire
bitcoin has soared more than 10 times this year. According to coinmarketcap, the total market value of bitcoin in circulation has reached $190 billion
The soaring market value of bitcoin has even surpassed that of the world's two most influential banks. As of Friday, Goldman Sachs (248.95,1.31,0.53%) had a market value of $97 billion, while UBS (17.52,0.34,1.98%) in Zurich, Switzerland, had a market value of about $67 billion. The combined market value of these two banks is not as high as that of bitcointhe two financial giants (1.74,0.02,1.16%) adopted non intervention policy. Lloyd Blankfein, CEO of Goldman Sachs, said it was too early to draft a bitcoin strategy, while UBS, the world's largest wealth management firm, said it would not deploy bitcoin in its portfolio because of concerns about the threat of a government ban
the market value of bitcoin also exceeds that of Boeing (271.38, - 5.42, - 1.96%). Boeing is the world's largest aircraft manufacturer with a history of more than 100 years and employs 140000 people in 65 countries. Boeing may be able to build large airplanes, but its market value is $162 billion, lower than that of a digital currency that didn't exist a decade ago. Boeing's rival, Airbus, has a market value of only 66 billion euros (78 billion dollars)
explain why it's left and right, because the price of each platform is different, so there will be some differences, but the fluctuation will not be too large. There is also a total of 21 million bitcoins, but there are still many that have not been g up so far, so when we calculate the market value, we just calculate the total current value.
As of 14:24 Beijing time on the 27th, data from coindesk showed that bitcoin was quoted at US $27372 per coin, up more than 10% in 24 hours. The total market value of bitcoin is 508.6 billion US dollars (about 3.3 trillion yuan) , and it can buy about 22 Yunnan Baiyao (the latest total market value of a shares is 146.3 billion)
it is understood that since the birth of bitcoin in 2009, its first price was about US $0.0025 when it was purchased in 2010. Based on the price of US $27000, the price increase of bitcoin since its birth has reached 10.8 million times
that is to say, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million. Even if bitcoin has made such an amazing increase, Citibank recently announced a target price of $300000, which is 11 times higher than the current price
expansion data:
24 hours, the whole network burst warehouse 4 billion 600 million
controversy surrounding bitcoin has never stopped, some people think it is hype, sooner or later, it will be "tulips bubble", some people think that the bitcoin's scarcity has pushed up its rise. So some are short and some are long
on a day of crazy rise, short bets of bitcoin were completely exploded. According to the real-time statistics of bitcoin home.com, in the last 48 hours, the fund of all kinds of cryptocurrencies in the whole network has burst to US $700 million (RMB 4.6 billion), of which the fund of bitcoin has burst to US $587 million, and the number of people in the whole network has exceeded 60000 in the last 48 hours
According to the historical data, the short position burst on the 27th was up 136% compared with the previous trading dayThe total market value of bitcoin has exceeded US $1 trillion. What is the reason that makes it so powerful? Let's take a look at bitcoin. 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 a specific monetary institution to issue. It is generated by a large number of calculations based on a specific algorithm
from the performance of bitcoin at this stage, bitcoin has low liquidity level and high liquidity risk, so it can not effectively perform the three basic functions of currency: transaction medium, pricing unit and value storage, and can not become a real currency< because it is not a currency in circulation, it has no legal status, so it is not recommended to invest in bitcoin because the risk is too high so far, countries have not recognized the value of bitcoin itself, so the risk of bitcoin is relatively high. But there are also many people who can't resist the temptation of money, so they choose to start bitcoin. But in the end, they have suffered a lot, and some people have paid for their lives
no one can really master bitcoin. If you are interested, you can learn more about it. Many people speculate that bitcoin will continue to rise. If you have spare money, you can invest some first, but you must keep a rational attitude
the main reason is that central banks have been printing money crazily in recent years, resulting in a large amount of devaluation of cash and more hot money in the market. As a result, part of the money has poured into the bitcoin market, resulting in the phenomenon of inflated prices ring this period, bitcoin hit a new high again, breaking through the $16000 mark, with the highest intraday price of $16427. At the same time, the total market value of bitcoin has exceeded 300 billion US dollars. If ranked by the way of assets, its market value has exceeded the total market value of instrial and Commercial Bank of China. This is also the first time that bitcoin has rebounded since the downturn, and the highest price has broken through again
The characteristic of institutions is that because they need to pay capital gains tax, many large institutions will hold bitcoin for a long time after they enter the bitcoin market. Unless there is a big fluctuation, they will not sell in the short term. With the influx of more and more institutions, the price of bitcoin will naturally rise steadily and it can be predicted that this wave of rise will continue for some time
In the morning of October 31, Beijing time, bitcoin prices continue to rise sharply in the near future. After breaking the $5000 and $6000 mark, the price of bitcoin has reached about $6125, while the total value has exceeded $100 billion. This means that bitcoin already accounts for more than half of the total size of the digital cryptocurrency market
bitcoin has accounted for more than half of the total size of the digital cryptocurrency market
bitcoin has recently been hit by regulatory authorities around the world, and Wall Street celebrities, including Warren Buffett and Jamie Dimon, CEO of JPMorgan Chase, are also skeptical of bitcoin. However, investors are still investing heavily in bitcoin
in addition, the price of the second-largest digital cryptocurrency, Ethernet, rose 8% in the past week, surpassing bitcoin's 4.8%
It's amazingBitcoin is stable, and it has some other advantages
personally, I think this is related to its characteristics. Bitcoin is different from other virtual currencies, it is calculated by the Internet and then "mined" by people using computers, which means that it is not suitable for a person or a certain group to control, while most virtual currencies can be artificially controlled
I personally think bitcoin is still a game played by big men. We will be excited to see big men making money, but we have to be rational and cautious