How to operate BTC
Publish: 2021-05-26 21:27:28
1. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. 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
warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. Share source area video network, bitcoin play as follows:
1, bitcoin trading, you have to find a dedicated online trading platform for bitcoin. With this trading platform, we can buy and sell bitcoin freely on the trading platform
2. As long as you have time and pay attention to the real-time market of bitcoin, you can learn to play bitcoin. In fact, this method is very simple, that is, buy low and sell high
3. 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
Introction to bitcoin:
1. 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
2. Bitcoin is a kind of P2P digital currency. Peer to peer transmission means a decentralized concept of bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software and P2P network are designed and released
3. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
4. 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
5. The decentralized feature 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
6. 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< 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 relevant institutions would pay attention to bitcoin's current situation of encouraging illegal activities and disrupting the financial order, and require that actions be taken as soon as possible to completely ban the electronic currency
2. China has banned the issue and use of bitcoin
share the source video.
1, bitcoin trading, you have to find a dedicated online trading platform for bitcoin. With this trading platform, we can buy and sell bitcoin freely on the trading platform
2. As long as you have time and pay attention to the real-time market of bitcoin, you can learn to play bitcoin. In fact, this method is very simple, that is, buy low and sell high
3. 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
Introction to bitcoin:
1. 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
2. Bitcoin is a kind of P2P digital currency. Peer to peer transmission means a decentralized concept of bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software and P2P network are designed and released
3. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
4. 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
5. The decentralized feature 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
6. 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< 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 relevant institutions would pay attention to bitcoin's current situation of encouraging illegal activities and disrupting the financial order, and require that actions be taken as soon as possible to completely ban the electronic currency
2. China has banned the issue and use of bitcoin
share the source video.
3. It's OK to register an account with coin easy, and buy bitcoin directly with RMB
4. There are four common trading forms of bitcoin: spot, futures, options, ETF
1, spot trading
spot trading and stock trading are almost the same, buy low and sell high, earn the middle price difference! However, bitcoin is a T + 0 mode, trading anytime and anywhere, and there are no opening, closing, suspension and many other restrictions. It is open to trading 365 days a year
2. Futures trading is often referred to as contract trading. I believe most people can't resist the temptation of contracts. Contracts can be long and short, and can also be leveraged. The maximum support is 100 times, which indirectly magnifies the benefits and risks by 100 times, because human nature is inherently greedy. However, the difficulty coefficient of making money in the contract is high. Because bitcoin fluctuates greatly, it is possible to burst the position in an instant. Therefore, futures trading should be cautious
3. Option trading
the nature of option trading is the same as that of spot trading, i.e. expected call to buy up, expected put to buy down
since the nature of options and spot is the same, what is the difference between them? Simple comparison:
for example, bitoffer, the first bitcoin option in the world, has no margin, no handling charge and no exercise
(the only option in the world that doesn't need to exercise)
1. For spot, it costs US $7500 to buy a bitcoin
2. For option, it costs US $5 to buy a bitcoin option
when bitcoin rises from 7500 to US $8000, the spot earns us $500 and the option earns us $500
the benefits of the two are the same, but the cost difference is 1500 times
this is the case with options, which is the same as the spot calculation of profit space, except that you don't need to pay the full amount, just need to pay a little deposit Different from the traditional European options)
4. ETF fund trading
ETF is usually called trading open-end index fund, which is a very popular financial derivative in the traditional financial market. Bitoffer's launch of bitcoin ETF fund increases the fixed leverage on the original basis, because there are a certain number of futures contract positions behind the proct
What's the difference between bitcoin ETF and spot< In this year's bitcoin proction rection, in theory, X2
2. Mining machinery needs to be upgraded, in theory, X2
3. The current price of bitcoin is 7500x4 = US $30000 (expected price after next year's proction rection)
ring this period, the return comparison between holding spot money and ETF fund is as follows:
1, Up to 15 times (compound interest calculation)
there is no doubt that bitcoin ETF is the best investment choice!
1, spot trading
spot trading and stock trading are almost the same, buy low and sell high, earn the middle price difference! However, bitcoin is a T + 0 mode, trading anytime and anywhere, and there are no opening, closing, suspension and many other restrictions. It is open to trading 365 days a year
2. Futures trading is often referred to as contract trading. I believe most people can't resist the temptation of contracts. Contracts can be long and short, and can also be leveraged. The maximum support is 100 times, which indirectly magnifies the benefits and risks by 100 times, because human nature is inherently greedy. However, the difficulty coefficient of making money in the contract is high. Because bitcoin fluctuates greatly, it is possible to burst the position in an instant. Therefore, futures trading should be cautious
3. Option trading
the nature of option trading is the same as that of spot trading, i.e. expected call to buy up, expected put to buy down
since the nature of options and spot is the same, what is the difference between them? Simple comparison:
for example, bitoffer, the first bitcoin option in the world, has no margin, no handling charge and no exercise
(the only option in the world that doesn't need to exercise)
1. For spot, it costs US $7500 to buy a bitcoin
2. For option, it costs US $5 to buy a bitcoin option
when bitcoin rises from 7500 to US $8000, the spot earns us $500 and the option earns us $500
the benefits of the two are the same, but the cost difference is 1500 times
this is the case with options, which is the same as the spot calculation of profit space, except that you don't need to pay the full amount, just need to pay a little deposit Different from the traditional European options)
4. ETF fund trading
ETF is usually called trading open-end index fund, which is a very popular financial derivative in the traditional financial market. Bitoffer's launch of bitcoin ETF fund increases the fixed leverage on the original basis, because there are a certain number of futures contract positions behind the proct
What's the difference between bitcoin ETF and spot< In this year's bitcoin proction rection, in theory, X2
2. Mining machinery needs to be upgraded, in theory, X2
3. The current price of bitcoin is 7500x4 = US $30000 (expected price after next year's proction rection)
ring this period, the return comparison between holding spot money and ETF fund is as follows:
1, Up to 15 times (compound interest calculation)
there is no doubt that bitcoin ETF is the best investment choice!
5. How to choose BTC wallet and how to store your bitcoin? This is an important problem that every bitcoin user must face. Bitcoin gives you more freedom and power to control your money. But if you are not careful, it may bring disastrous losses. If you choose to remain in complete control of your bitcoin on your own, then there is no one who can stop you from doing something stupid and pay for your mistakes. There is no bitcoin company to call and try to convince your legitimate owner of your address so they can give you the key back. However, there are friendly and secure services based on bitcoin, or intermediate solutions, which can let users avoid the risk of operating wallets. The purpose of this article is to explain what different options you have for storing BTC, so that each user can make the right choice between security and control. Wallets fall into two main categories: Online wallets online wallets are by far the easiest way to access your bitcoin from any computer. But there needs to be enough trust in wallet service providers. Currently, there are four main choices for online Wallet:
6. New people buy bitcoin, I only suggest to go to the big platform, similar to okex is very good, because the security of the principal is the most important, how do you do when the small platform runs away. In addition, if you want to invest in bitcoin, I suggest you learn more about the bitcoin market and some factors that affect the bitcoin trend, so as to ensure your investment income. Are you satisfied with my answer? If you are satisfied, please take it
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