BCW bitcoin miracle price

When bitcoin first appeared in 2009, its price was less than 1 cent. One dollar could be converted into 1300 bitcoins, that is to say, seven yuan could be converted into 1300 bitcoins. On May 5, 2017, bitfinex, an overseas digital currency trading platform, quoted a price. Bitcoin once hit US $1700, or about RMB 11737

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

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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 the total amount of bitcoin is very limited and it has a strong scarcity

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transaction method

bitcoin is e-cash similar to e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address. The following table lists some websites that download bitcoin wallets and addresses for free

a bitcoin address is a string of about 33 characters long, consisting of letters and numbers, always starting with 1 or 3, such as & quot& quot; Bitcoin software can generate address automatically, and it doesn't need to exchange information online, so it can be offline. There are a lot of bitcoin addresses available

the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which is used to record how much bitcoin is stored in the address. You can generate bitcoin address to store bitcoin at will. When each bitcoin address is generated, a corresponding private key of the address will be generated

this private key can prove ownership of the bitcoin at the address. The bitcoin address can be simply understood as the bank card number, and the private key of the address can be understood as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep the address and private key when using bitcoin wallet

source of reference: network bitcoin

I think it's a bubble, because I think bitcoin has no value in the end. It's just a result of capital speculation.

there are always some so-called speculators in the world, who always hope to get rich overnight by means of so-called investment. I can only say that such people basically have no good results, and the sudden wealth will not happen to everyone, even if it happens to a stranger, If this person's ability cannot match wealth, then this wealth is likely to be a disaster for this person

bitcoin has risen above $58000

there are many people who have graally accumulated their wealth by taking advantage of technology, and many people have become billionaires in the development of technology< the development of science and technology has promoted the rapid development of our society and our urban construction { RRRRR}

if we add our bitcoin holdings on this node, we are likely to have a huge loss, so it is not recommended to invest in bitcoin at this time node

In 2020, Tesla's bitcoin profit will exceed that of selling cars. Bitcoin is really profitable, because a year ago, the price of bitcoin should be around $8800, but now, a year later, the price of bitcoin has exceeded $50000. In just one year, three months ago, the price of bitcoin should have been $20000, now, three months later, it has risen to $50000, How big is the profit margin{ RRRRR}

it is uncertain whether the price of bitcoin will be so high in the future, because no one dare to say what the price of bitcoin will be after a month. If there is a big good news within a month, for example, Musk's one currency car purchase plan is officially approved by the US Securities and Futures Commission, If it is rejected, musk will sell his bitcoin one after another. For example, musk pointed out a while ago that the price of bitcoin seems to be a little too high now, and the general price will fall down suddenly. If he clears his bitcoin, he will not be able to sell his bitcoin, it will definitely cause a great shock in the market. Bitcoin will be directly knocked down from the altar, falling below 40000, falling below 30000, just around the corner