Bitcoin price in May 2019
When bitcoin first appeared in 2009, its price was less than 1 cent. One dollar could be converted into 1300 bitcoins, that is to say, seven yuan could be converted into 1300 bitcoins. On May 5, 2017, bitfinex, an overseas digital currency trading platform, quoted a price. Bitcoin once hit US $1700, or about RMB 11737
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
the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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
extended data:
transaction method
bitcoin is e-cash similar to e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address. The following table lists some websites that download bitcoin wallets and addresses for free
a bitcoin address is a string of about 33 characters long, consisting of letters and numbers, always starting with 1 or 3, such as & quot& quot; Bitcoin software can generate address automatically, and it doesn't need to exchange information online, so it can be offline. There are a lot of bitcoin addresses available
the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which is used to record how much bitcoin is stored in the address. You can generate bitcoin address to store bitcoin at will. When each bitcoin address is generated, a corresponding private key of the address will be generated
this private key can prove ownership of the bitcoin at the address. The bitcoin address can be simply understood as the bank card number, and the private key of the address can be understood as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep the address and private key when using bitcoin wallet
source of reference: network bitcoin
"Spring Festival red envelope" refers to the rising market of bitcoin ring the Spring Festival. Big V jiangzhuo'er once predicted the end of bitcoin on Weibo, and then it stopped the sharp decline since November 2018 and began to shock. In the same microblog, it was also mentioned that bitcoin bottomed out before the Spring Festival, which was thought by fans to be very likely to come true
latest bitcoin Market:
bitcoin (BTC) market_ Golden Finance
24459.78 & # 160; RMB 53.02 + 0.22%
02-11 14:27 Trading
Now the price of bitcoin is hovering around $37800. For the price trend of bitcoin in 2019, cailu.com will discuss with you
1. First of all, we know that bitcoin is a virtual digital currency, which is an upgraded proct on the blockchain. At present, the transaction volume of bitcoin is the largest among the digital currencies. In the development of bitcoin, the speed is not very fast, the infrastructure is complete, and there are good regulatory policies. The price in 2019 can be expected
2. The attitude of the regulatory authorities: bitcoin is not protected by law in our country at present. It is a trading proct imported from or abroad. At present, it is still a proct that needs to be investigated in our country. The regulatory authorities should make corresponding policies on how the investigation results are suitable for our domestic transactions, and we can expect the price rise in the later period
3. For investors, to enter the digital money market is to gain profits from this market, but bitcoin is a very risky transaction. In addition, bitcoin has no limit on the rise and fall, and the risk is uncontrollable. According to the 28 law of the investment market, only a few people can make profits
generally speaking, we can look forward to bitcoin in 2019. At present, we can look forward to the $4000 mark. If we can break through it, the price may go up. Of course, we can't know what kind of news will appear in the future. If there is good news, the price of bitcoin will rise in 2019
from the moment bitcoin proced value to the sky high price of nearly $20000 gold, bitcoin rose by tens of thousands of times ring this period, which also created a lot of people's freedom of wealth. Most investors love and hate bitcoin. They love speculative property, and they have no limit to the rise and fall. They hate to be unable to analyze the market and make profits in the market
so why is it still suitable to buy bitcoin in 2020
1. The third proction rection
in May, bitcoin reced its proction for the third time. Under the hype of the proction rection market, the third proction rection of bitcoin brought confidence to most investors in the market, but the price did not change significantly
judging from the market, bitcoin is leading the rise of other financial procts under the same conditions. It dropped to $3800 in March, and then rose all the way to about $10000, walking out of the V-shaped reversal
the V-shaped reversal is not easy. After all, the previous market had to be sorted out for several months before going up. This also illustrates the purchasing power of bitcoin in the market
moreover, after halving, the amount of bitcoin g up by the miners has graally decreased. In addition to the lost bitcoin, there are not many bitcoins in circulation in the market, and the bitcoin market is a market brought about by demand. With many external factors, many investors want to use bitcoin for risk hedging, and the liquidity of the market is expanding step by step<
2. Institutions bought a lot
after halving, gray alone increased its holdings of 18910 bitcoins, while after halving, the miners only mined 12337 bitcoins, indicating that the number of gray holdings increased was 150% of the total mining amount of miners in the same period
in addition to institutions, some celebrities have also publicly expressed their desire to buy bitcoin. For example, the author of "poor dad, rich dad" tweeted the reason why he wanted to invest in bitcoin. Before that, he repeatedly said that with the continuous release of water from the Federal Reserve, bitcoin may become a good hedging tool to deal with the current financial crisis
with the entry of specialized institutional teams, bitcoin has been known by more and more people, and its value has also been understood by more and more people< 3. Bitcoin leads the global financial asset growth
the secondary market of bitcoin is huge, with the number of new addresses and active addresses increasing every day. There are many people who know about bitcoin but don't enter the market
the massive entry of foreign institutions leads to the concentration of some chips. In this process, it is not only the transfer of chips, but also the transfer of price rights.
When dealing with a new thing, there are only two results, acceptance or rejection. There are only two endings for this new thing, to be accepted or rejected. The whole process is repeated and tortuous. Now bitcoin is like this. Some people accept it, some refuse it, and some countries support it, some refuse it. But in the end, its outcome depends on this repeated process of convergence, all aspects of the seesaw, all aspects of the struggle, if it survives, then it is real gold, if it is eliminated, then it is false proposition. I can't see the end of it at the moment