Bitcoin global financing

1.

There are only 21 million bitcoins

"graphics card mining" is a joke. In fact, it is running a specific algorithm to generate bitcoin through a large number of calculations

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extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. 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 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 nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

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

on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees

2. With the existence of Internet and blockchain, bitcoin will exist. It has existed for a long time, and people graally recognize and widely apply it to payment. Then, it can play a positive balancing role in world finance.

3. On September 15, the Beijing mutual fund risk special rectification office issued the "requirements for the clean-up and rectification of virtual currency trading venues in Beijing" (hereinafter referred to as the "requirements"), and each trading venue issued an announcement before 24 o'clock on the same day to specify the final time to stop all virtual currency trading, and announced that new user registration would be stopped immediately. The domestic bitcoin trading platform announced that it would close the trading platform
how to raise funds when the state has policies!

4. 1. Okcoin provides floating leverage ratio. The higher the VIP level is, the higher the leverage ratio will be. The maximum leverage ratio will not exceed 3 times. Please refer to (VIP rate) for specific leverage ratio of VIP. For example, if you are VIP5, okcoin provides three times leverage, and the net asset (guarantee) of your account is RMB 1000, you can borrow RMB 2000 from the financing market, and the total asset is RMB 3000, all of which can be used for trading
2. When the total assets of your trading account minus the handling charge is less than 120% of the borrowed funds, the system will send a compulsory closing risk SMS to your bound mobile phone; When the total assets of your trading account minus the handling charge is less than 110% of the borrowed funds, the system will force you to close the position to clear the borrowed money or currency
3. Okcoin takes 24 hours as a day (from the time of borrowing, if less than 24 hours is counted as a day)
4. The borrowing user can repay in advance, but the lending user cannot withdraw in advance. When the rate set by the borrowing user is inconsistent with that set by the lending user, and the transaction can be concluded, the rate set by the borrowing user shall prevail
5. The number of days for each loan is 15 days. If the user fails to repay the loan e to overe, the system will borrow a new sum of money from the financing market according to the optimal rate to repay the last loan and the handling charge, and the interest of the new borrowed money will be recalculated. The interest calculation and repayment of loans are processed according to transactions. Users of each loan can choose full repayment or partial repayment at any time, and the service charge will be returned first when partial repayment is made
6. In order to protect the safety of funds, users who have borrowed money but have not paid it off are not allowed to withdraw the part of borrowed money + advance money + deposit + service charge, and are not allowed to transfer this part of funds into the lending account. The existing funds in the lending account can be normally lent and transferred out to the trading account. The rest can be used normally
7. When the net asset of the user's trading account is less than 100000 yuan, he can enjoy 5 times leverage. When the net asset of the trading account is higher than 100000 yuan, it needs to submit an application and pass the examination before it can enjoy 5 times leverage.

5. Xunlei's money making treasure is not a financial proct, but an intelligent hardware, which mainly turns your remaining broadband into money. P2P also has a proct called money treasure, but P2P risk is very big, it is recommended not to touch.