Bitcoin price on May 23, 2019
according to coinsmart, the highest price of BTC this month is $6533.4, while the current price is $4480.87, which once fell to $4100, a new low of this year, with a decrease of about 30%. The market value of bitcoin once evaporated by nearly one third, with a current market value of $548.1 billion
the overall market has fallen so miserably that some of the investors directly involved have lost tens of millions in this market
affected by bitcoin, the mining machine market also suffered. At present, the current price of bitcoin is lower than or close to the mining cost price in many areas, which means that the profit will be greatly reced or even the cost will be lost. Due to the unbearable losses, many players resell "mining equipment", and withdraw from the coin circle. At the same time, e to the currency decline, the income from "mining" can not make up for the hard expenses such as electricity charges, so that some loss making mining machines can only be cleared.
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
extended data:
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
Bitcoin is just like the currency in the game, but no one releases bitcoin. Instead, it relies on a specific algorithm to generate , so now people looking for bitcoin also call themselves miners, but they rely on computers to mine
the rise of bitcoin is e to the restructuring of global risk assets , and the widening of investment channels for encrypted assets . Since the beginning of this year, the volatility of securities and foreign exchange markets has intensified, and global investors are looking for safe assets. Traditional safe asset gold is more dependent on the real economy and inflation expectations, Bitcoin is more like a sensitive index, gaining a certain asset hedging advantage
"Spring Festival red envelope" refers to the rising market of bitcoin ring the Spring Festival. Big V jiangzhuo'er once predicted the end of bitcoin on Weibo, and then it stopped the sharp decline since November 2018 and began to shock. In the same microblog, it was also mentioned that bitcoin bottomed out before the Spring Festival, which was thought by fans to be very likely to come true
latest bitcoin Market:
bitcoin (BTC) market_ Golden Finance
24459.78 & # 160; RMB 53.02 + 0.22%
02-11 14:27 Trading
according to the data of coindesk digital currency trading platform, the price of bitcoin once fell below US $6000 in 18 years, which has dropped by 70% compared with the highest value of US $20000 in 2017
"the price movements we are seeing now may seem drastic, but they are quite normal for this market." Etiro's senior market analyst, MATI Greenspan, wrote in an email to CNBC
with the decline of bitcoin, most digital currencies are affected, and other digital currencies are not much better. Most digital currencies are down by more than 10%. But in the long run, the future of digital currency is worth looking forward to.
When dealing with a new thing, there are only two results, acceptance or rejection. There are only two endings for this new thing, to be accepted or rejected. The whole process is repeated and tortuous. Now bitcoin is like this. Some people accept it, some refuse it, and some countries support it, some refuse it. But in the end, its outcome depends on this repeated process of convergence, all aspects of the seesaw, all aspects of the struggle, if it survives, then it is real gold, if it is eliminated, then it is false proposition. I can't see the end of it at the moment