Bitcoin shopping example

1. 1. Using bitcoin mining machine to obtain bitcoin
mining is the only way to obtain undeveloped bitcoin, which needs to purchase professional mining equipment for mining, which is called mining machine in the instry
bitcoin miner obtains bitcoin through a lot of calculation through hash algorithm. As we all know, the number of bitcoin is constant, 21 million. As time goes on, the number of miners increases and the number of miners decreases.
the difficulty of bitcoin system is dynamically adjusted. Every 2016 bitcoin is g, an adjustment will be made, The adjustment is based on the block time of the previous 2016 blocks. If the average block time of the previous cycle is less than 10 minutes, it will increase the difficulty. If it is more than 10 minutes, it will rece the difficulty. The purpose is to ensure that the system can output a block every 10 minutes, so the difficulty adjustment time is about 2 weeks (2016 * 10 minutes), that is to say, the output will be halved every four years, And the difficulty will be adjusted every 14 days, so the general trend seems that the output of mining will be less and less
2. Purchasing power for bitcoin
after the prevalence of mining, there are some bitcoin mines, that is, multiple mining machines are concentrated in one place for mining, unified maintenance and management, low electricity price, to rece the cost of mining
the most important parameter of bitcoin mining machine is computing power. The higher the computing power is, the higher the output will be. In the difficulty of bitcoin mining, how much bitcoin can be g with 1t computing power is also used to measure the current difficulty of mining. Therefore, some mines will directly sell computing power to users to dig coins. In this way, the mining risk is relatively lower, and there is no need to buy mining machines and equipment, and no need to maintain them, The maintenance and management of mining machine is relatively troublesome for Xiao
3. Reward for bitcoin
with the rising price of bitcoin, bitcoin has gained more popularity than before, and its position in virtual currency is also unmatched by other currencies. There are some real procts of reward bitcoin mechanism in the market, and cat disk is one of them< The simplest way to get bitcoin is to find the person who holds bitcoin to buy bitcoin, which is equivalent to buying goods. But bitcoin is not required by everyone. Therefore, it is necessary to find the person who holds bitcoin and carry out direct transfer transaction. At the same time, there are certain risks, The other side needs indivials to grasp whether they are cheaters or not, so I don't recommend such transactions on the basis of not being acquaintances or not having certain trust
2. Online trading
there are many trading platforms for bitcoin, large or small. At present, the relatively large and well-known trading platforms are Huo coin, coin security, okex, uto market,... And so on. These platforms are more convenient and safe as three-party guarantee transactions, and the only risk is platform running, But the possibility is relatively small, but some small platforms are not without security

2. Bitcoin: also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. Internet users can also use bitcoin to buy real goods
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most 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 a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation.

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The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees. Is bitcoin a currency? Bitcoin is an "e-coin" proced by open source P2P software

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

another advantage of bitcoin is decentralization and privacy protection. At the beginning of the design, the technology regarded the government as the enemy, and wanted to decentralize the monetary power and not be influenced by the government's monetary policy. Nakamoto, the founder, is an anarchist himself and thinks that the government will persecute the people

bitcoin is more like a stock, like the stock of a payment company. What is bitcoin: 1. A currency? 2. A payment method? 3. An asset type? 4. A gambler

recently, bitcoin platform has been shut down by China, and bitcoin is the only e-currency conforming to Utopia. Bitcoin, which relies on proceres and encryption, exists in mathematics. It relies on the super computing power of the whole world to ensure transaction nature. It relies on the market to realize self value, and the quantity of issuance is limited. It is the real currency, the truth, and bitcoin may also be a bubble. Some people say that bitcoin is another Ponzi scheme

bitcoin is an experimental tool only belonging to the top IQ group to test their own theories; But now it has become the weapon of the mob. If we regard bitcoin as a decentralized currency experiment, bitcoin ecology is falling into a whirlpool of accelerating centralization: short-term arbitragers become the main force of its transactions, and the application scenario of bitcoin as a payment method seems to have come to an end, leaving only the property of speculation / investment goods

Bitcoin is a quadruple network effect. Including: 1. Consumers who pay with bitcoin; 2. Businesses that accept bitcoin; 3. The miner who proces and confirms the effectiveness of the transaction; 4. Entrepreneurs and programmers who develop new procts and services around bitcoin. The fourth group is particularly critical to the future of bitcoin

5. Virtual currency, with no issuing authority, can make money by mining and transfer money. In some places you can buy things. In China, many instries have been extended, which are linked with MLM. Because of its low technical content and complex concept, it is easy to be used for brainwashing marketing. As a developer, I feel very sad. Bitby itself is a set of technical specifications, mainly to achieve a fair, safe and convenient way of trading. Now many small companies turn it into a tool for money collection

6. Bitcoin needs to be traded into RMB before it can be used. At present, there are few direct shopping channels using bitcoin in China. There are a lot of bitcoin in foreign countries. Now the value of bitcoin is so high. If you have bitcoin in your hand, it means you are rich.

7. Bitcoin, I personally think, is promising. Alibaba, Tencent and other network platforms must keep pace to have a future. Moreover, there will be mobile bitcoin procts such as mobile phones or iPads in the future, and bitcoin will become a powerful tool in the field of communication network or shopping network in the future. It is suggested that the second Nokia and Motorola should be developed later.

8. Okex is still good. I've been using it. The operation is relatively simple. You can enter the legal currency transaction after registering on the official website and enter the amount of bitcoin you want to buy. For example, 1 BTC, then use WeChat, Alipay or bank card transaction payment, choose "paid, please put money." The seller will send bitcoin to your okex account, and it will arrive in about one minute. This transaction process is similar to Taobao shopping. Okex acts as the intermediary guarantor of the transaction, which is very safe