Bitcoin hit a new high on January 6
The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks
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
e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
Bitcoin is the first and most popular decentralized cryptocurrency. At present, there are hundreds of cryptocurrencies in the world, some of which are growing geometrically. But the main focus is bitcoin. First, it's the most expensive cryptocurrency. Second, more than 100 million people around the world are bitcoin holders. In December 2017, when cryptocurrency became popular, the price of bitcoin suddenly rose to $20000. We invested a lot of money not only to buy cryptocurrency, but also to mine bitcoin and build a huge & lt; mining & quot;, With the installation of mining equipment, almost as much electricity is consumed as in small cities. Some entrepreneurs have invested hundreds of millions of dollars in mining. Mining equipment manufacturers are doing quite well. For example, bitland's special offer integrated circuit ant miner S9 miner costs $6500{ RRRRR}
of course, bitcoin and other decentralized cryptocurrencies are extremely volatile and unpredictable assets. Therefore, the investors are optimists or professional investors without roads. Due to the unstable exchange rate, bitcoin is difficult to become a means of payment and storage tool, and cryptocurrency cannot be widely circulated. If the world economy is stable, there will be investment tools with good income forecasts
Since the second half of 2020, the price of bitcoin has been going up all the way. Up to now, bitcoin has broken through the $50000 mark, which can be said to be a straight-line surge. Why are many short sellers not optimistic about their prospects before, but their prices are running all the way to the top? Is it that they say no, but in fact they are very honest< in fact, the price surge of bitcoin is e to the fact that musk, the founder of Tesla, the new world's richest man, has publicly expressed his support for bitcoin, and that multinational financial consortia such as JPMorgan Chase and MasterCard have also provided bitcoin platforms, which has led to a sharp rise in the price today, Xiaobian will give you some ideas about bitcoin
First, the past and present of bitcoin< p> Bitcoin is a kind of virtual P2P currency proposed by Nakamoto Cong on November 1, 2008. Its biggest feature is decentralized, peer-to-peer transmission service, which does not need to be issued by the National Central Bank and other currency issuing institutions. Moreover, it is obtained by cracking the encryption algorithm, so its security is very high, and the total number is limited. Now, it is more and more difficult to obtain bitcoin, which also gives rise to & lt; Mining machinery& ldquo; Mining & quot; And other instries. Due to its limited total quantity, this virtual currency is very scarce and can be used as an investment proct
the price of bitcoin has been at the highest level in history after a period of rapid rise. It is not known whether it will continue to rise or let it go all the way. For us ordinary people, this price is already sky high. We'd better wait for the fight of major capitals. Netizens, what's your opinion? Welcome to comment area message exchange
After the opening of the market in 2021, the price of bitcoin surged all the way to the $30000 mark and continued to rise. On the 3rd, it once exceeded $34000, setting a new high price in history. The market graally recognized bitcoin as a new tool for risk aversion. With the floating of funds in various countries, the printing of banknotes to stimulate the economy and the increase of monetary distrust, the Federal Reserve of the United States announced to maintain the low interest rate easing policy, The high degree of uncertainty brought by the global turmoil stimulated by the epidemic is pushing bitcoin and gold to become risk aversion tools
according to various media reports, if we want to trace back to the source of the soaring price of bitcoin, we can not escape the impact of the epidemic. The United States is the country most affected by the new coronavirus (covid 19), and the number of people diagnosed in China has reached nearly a quarter of the world. In order to tide over the difficulties, the United States printed money this year, which led to the continuous decline of the dollar price. Generally speaking, when the financial market is in turmoil, investors will choose gold as a hedging tool. However, this year's situation seems to be somewhat different. After the gold price continues to rise to its peak in August, it graally slows down, leading some investors to focus on the bitcoin with more room for growth
according to the media of all parties, if we want to trace the source of the soaring price of bitcoin, we can not escape the impact of the epidemic. The United States is the country most affected by the new coronavirus (covid 19), and the number of people diagnosed in China has reached nearly a quarter of the world. In order to tide over the difficulties, the United States printed money this year, which led to the continuous decline of the dollar price
the reason is that HSBC has sensed that there are some dangerous factors in the bitcoin market, that the current course of the opposite bank has changed, and that the current price of bitcoin has become too high
as an old financial institution, HSBC has strong strength in all aspects, and its understanding of the market will be more comprehensive. Since HSBC is no longer optimistic about the bitcoin market, it shows that the current price of bitcoin market is indeed at a high level, and I believe more financial institutions will make more accurate judgments
First, HSBC has felt the risk of bitcoin market< p> Every decision made by HSBC is decided after careful study. At present, it has given the answer with its own practical action. With such hype in the bitcoin market, there will certainly be problems in the future. At present, HSBC does not accept cooperation from relevant institutions{ RRRRR}in the hot bitcoin market, HSBC has indicated risks. I think we must give top consideration to the risk of the other bank this time the current market is indeed very hot, and many institutions do not see risks in the process of hyping bitcoin. Now that some institutions have put forward risks, we must pay attention to them
If you want to say why bitcoin is enring? Rather, what is driving bitcoin to new heights? How could this virtual currency have been in the form of stable growth without economic impetus< after several years, bitcoin is like a head & lt; Cattle & quot; Similarly, in the virtual money market, it seems extremely crazy, and prices continue to rise first, it broke through the $24000 mark, and then it reached the $30000 price. It can be said that the market value of bitcoin has reached new highs, which shows us the economic benefits brought by the Internet
In December 2020, bitcoin is the craziest month, and it is also the fastest growing month from the current point of view. It not only broke through the US $24000 mark, but also the growth rate was constantly refreshing, with the growth rate reaching 24.65%< looking at the growth rate of bitcoin, the growth rate has exceeded 230%. If someone bought bitcoin at the beginning of its birth, it is now a proper billionaire the total market value of bitcoin has reached US $444.512 billion, which is equivalent to RMB 290 million. It refreshes everyone's cognition. Even if it is at a high level, there are still many people pursuing it. The price of bitcoin is unlikely to decline in a short time{ RRR} but there are also many investors who did not start bitcoin because they are not optimistic< especially when the situation is very good and bitcoin has a high rise, because when you make money, your capital may be trapped firmly capitalists are not so stupid. You can imagine who makes money in the end. Capitalists can't lose money. That's the main reason why they have raised the market value of bitcoin. You can't play with these capitalists if you invest all your money in the bitcoin market as a retail investor. I don't know how many people, at this stage, the funds have been tied up, which in fact needs attention< br />