Process of purchasing bitcoin on fire coin
bitcoin is forbidden to trade in China digital trading is illegal in China. Financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, or directly or indirectly provide customers with other services related to bitcoin
all financial institutions, Payment institutions and Internet websites providing bitcoin registration, trading and other services should report to China Anti Money Laundering Monitoring and Analysis Center immediately if they find suspicious transactions related to bitcoin and other virtual commodities, and cooperate with the anti money laundering investigation activities of the people's Bank of China; If any criminal activity clues such as fraud, gambling, money laundering are found using bitcoin, they should report to the public security organ in time
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prohibit bitcoin related services, including:
1, providing bitcoin registration, trading, clearing, settlement and other services for customers
2. Accept bitcoin or use bitcoin as payment and settlement tool
3. Exchange services between bitcoin and RMB and foreign currency
4. Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin
5. Take bitcoin as the investment target of trust, fund, etc< strong>
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
It can't turn. These are proxy websites, where can I convert currency
according to the 2017 Credit Suisse report, the number of millionaires in the world is about 36 million. Therefore, if a "bitcoin club" composed of users with more than one bitcoin is established, the number of members of the club will not exceed 21 million, less than the number of global millionaires
bitcoin is graally released through the so-called "mining", and today it has issued more than 85% of the total. It's going to get slower and slower, and it's going to stop completely by about 2140. At present, bitcoin's annualized inflation rate (3.7%) is far lower than that of the US dollar since 2008 (36%), and it will further drop to 1.7% after half a day's rection next year
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theoretically, one bitcoin can be infinitely subdivided by expanding the precision of digital storage or by upper layer expansion (such as lightning network technology). However, the transfer fee actually limits the value of bitcoin, which is too small. Therefore, the current code only supports subdivision to one in 100 million. The unit calls it "cong", which is named by netizens in memory of the inventor of bitcoin, Nakamoto. Don't say that one bitcoin is too expensive, because you can buy 0.1 or 0.01
bitcoin is in the address. Address is a number, but for the convenience of writing and using, it is encoded into a string form. The bitcoin address is generated by the private key of bitcoin through cryptographic calculation. This generation process does not need Networking (because mathematical calculation does not need Networking), and can be generated offline on your own computer
in fact, Mr. Xiao Zaojun paid attention to this very early. Last year, I wrote a popular science article about blockchain and bitcoin. At that time, the price of bitcoin seemed to be $3000, and many people suggested that I start. After thinking about it, I still didn't buy it
later, bitcoin soared and plummeted, peaking at $20000, and then quickly fell to $8000. I'm both sorry and glad<
today, I've also rerouted that article (with some revisions). I hope it will help you to know more about blockchain and bitcoin technology
in my opinion, whether you invest in bitcoin or not, whether you believe in blockchain or not, first of all, you should fully understand them
today, let's talk about blockchain and bitcoin
well, here's the thing -
these days, if you haven't heard of bitcoin, it's really out
when you see the glittering gold coin, is it a moment of spirit
in other words, bitcoin is not an ordinary fire nowadays. Some friends always come to ask Mr. Xiao Zaojun about it. Even when you take the subway, you can hear people around you talking about it<
bitcoin has been used for several times, and the most influential one is this:
children's shoes must be familiar, and indivial children's shoes are expected to be shocked
Yes, this is the blackmail window that popped up after computer poisoning when wannacry blackmail virus broke out in May 2017
the words in the blue box are the way blackmailers ask for ransom - "only accept payment in bitcoin", and others are not recognized. At the same time, the blackmailer also kindly tells you how to buy bitcoin
as a result, bitcoin, along with the blackmail virus, swipes the screen all over the world, greatly enhancing its popularity.
It's better to learn about bitcoin before making your own decision
novices should not rush for success, let alone throw
Theprocess can be referred to a more detailed description
novice