Is there any bitcoin transaction in China

1.

The remitter will pay bitcoin directly to the other party according to the address of the payee through the computer or smart phone

after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed

the bitcoin peer-to-peer network stores all transaction history in the "blockchain". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. In fact, blockchain is a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history

extended data

users can buy bitcoin, and at the same time, they can "mine" bitcoin by using computers to perform a large number of calculations according to the algorithm. 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

from 2012 to 2014, bitcoin swept the world, and graally formed the "virtual currency" instry chain represented by bitcoin. This is a change in the financial instry and a new proct of the combination of the financial instry and the Internet. It represents a financial milestone in the new era and marks a new chapter in the history of the Internet. Bitcoin fund is one of the derivative procts represented by bitcoin in the era of "virtual currency"

according to the relevant news reports of Fuhui China, bitcoin fund will be open for operation in the autumn of 2014. Fuhui bitcoin fund, as the world's first operation mode of mutual benefit and win-win with financial management mode, is original and full of temptation and challenge

2.

Unfortunately, bitcoin is no longer tradable in mainland China. Bitcoin China announced that it will stop all trading business on September 30, 2017

development information:

after bitcoin China and microbit, the bitcoin trading platforms in Shanghai and Shenzhen, respectively announced that they would close their trading business on September 30, 2017, on the evening of September 15, two other large domestic bitcoin trading platforms, Huo coin.com and okcoin.com, headquartered in Beijing, announced that they would suspend their registration from 21:30 on September 15, 2017 RMB recharge business; All users will be informed before September 30 that they are about to stop trading, and the trading business of all digital assets against RMB will be graally stopped before October 31

according to worldcoindex data, since September 1, bitcoin has dropped from $4800 to $3655, a drop of 24%, and its market value has shrunk by nearly $20 billion

in the same period, the decline of ether currency and Wright currency was 37.5% and 31% respectively. Over the past two weeks, Leyte currency has declined by more than 40% on the three major domestic trading platforms

3. The central bank said it would crack down on "virtual currency" related activities suspected of illegal fund-raising. At present, the national ICO platform and bitcoin and other virtual currency trading places have basically realized risk-free exit. The central bank made the above statement at the ministerial joint meeting on the disposal of illegal fund-raising
it is reported that in the special rectification work of the risk of non bank payment institutions, the central bank has severely cracked down on unlicensed institutions, rectified illegal trading venues, and "micro disk" transaction payment and settlement business, blocking the channels of illegal fund-raising; For the virtual currency trading places such as ICO and bitcoin, which are suspected of illegal fund-raising and securities activities, the central bank will timely issue an announcement with relevant departments to clarify the attitude, warn of risks, and deploy various regions to carry out rectification
the central bank said that in the next step, it will continue to do a good job in six aspects in accordance with the opinions of the State Council on further prevention and disposal of illegal fund-raising. First, it will cooperate with the Ministry of justice to promote the promulgation of the regulations on the disposal of illegal fund-raising and the regulations on non deposit lending organizations. Second, closely monitor the operation of private lending interest rates, guide the rationalization of private lending interest rates, uses and ways of borrowing, and rece the living space of illegal fund-raising activities. Third, continue to rely on the anti money laundering system to monitor illegal fund-raising. Fourth, we will continue to prevent and resolve Internet financial risks together with relevant member units of the leading group for special rectification of Internet financial risks. Fifthly, we should strengthen the construction of social credit system, build a joint incentive system for keeping promise and a joint punishment system for breaking promise, and create an honest and trustworthy credit environment. Sixth, continue to do a good job in protecting the rights and interests of financial consumers
according to the statistics of the joint conference office, there were 5052 new suspected cases of illegal fund-raising in 2017, involving 179.55 billion yuan, a year-on-year decrease of 2.8% and 28.5%. However, the total number of cases is still at a high level, the number of people involved in fund-raising continues to rise, cross provincial cases continue to occur frequently, and major cases involving many provinces and even the whole country still occur from time to time, and the overall situation is still grim.

4. 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 a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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. 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

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: January 29, 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

5. 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
e to the decentralized programming of 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

warm tips:
1. The above explanations are for reference only, without any suggestions
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. Investment is risky, so we should be cautious when entering the market
response time: January 25, 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

6. Well, bitcoin can't be packed in a box. Bitcoin is a virtual currency. The evidence for its existence should be a series of bitcoin addresses, that is, the private key, and the platform account password. Otherwise, they are all bullshit.

7. Yes, the one with the best reputation in the circle is the okex exchange. Because of the large volume of trading and the depth of the opening, new people and big men can trade quickly. At the same time, because of the large turnover, okex has enough commission income for security maintenance and technology development.

8. Since 2004, the price of liquefied gas has been rising rapidly. Guangzhou's liquefied gas relies on imports, which is greatly affected by the international crude oil price. In this case, people in Guangzhou have increased their demand for pipeline gas and honeycomb briquette. The prices of pipeline gas and honeycomb briquette have increased, and the government does not impose price control on liquefied gas for the time being. Why does this happen< Using the existing economic knowledge, we can get the following six reasons:
(1) according to the downward trend of demand curve, when the price of a commodity rises (while keeping other conditions unchanged), buyers tend to buy less quantity. Therefore, when the price of bottled liquefied gas soars, even when it reaches 82 yuan / bottle in September, residents will rece their consumption of liquefied gas and actively look for other ways to solve this problem. For example, ring 1999-2000, the international crude oil price showed a downward trend, and the price of bottled liquefied gas in Guangdong also kept falling. Therefore, the residents consumed more liquefied gas than they do now
(2) 1. According to the substitution effect, when the price of an item rises, consumers are more inclined to replace the more expensive item with other items. Because bottled liquefied gas, pipeline gas and honeycomb briquette are substitutes for each other, when the price of bottled liquefied gas rises, residents tend to consume pipeline gas and honeycomb briquette with lower price. Therefore, when the price of bottled liquefied gas rises, pipeline gas and honeycomb briquette are favored again. 2. Pipeline gas and pipeline gas installation business are complementary procts. Therefore, when the demand for pipeline gas rises, the demand for pipeline gas installation business also rises, just like cars and gasoline, left shoes and right shoes
(3). 1. The price elasticity of demand refers to the corresponding change in the demand of an article when its price changes. Bottled gas is a necessity of daily life, so even if the price rises, its demand is almost unaffected. Therefore, we think that the demand for bottled gas and pipeline gas is inelastic. 2. Moreover, it is difficult for most people to adjust their demand in the short term, which means that the demand for bottled gas will not decrease significantly with the rise of price in the short term. 3. However, e to the substitution effect between pipeline gas, honeycomb briquette and bottled gas, when the price of bottled liquefied gas rises, the price elasticity of demand will increase to a certain extent, and the demand will decrease slightly. 4. Due to the lack of price elasticity of demand for essential goods such as fuel mentioned above, the price elasticity of pipeline gas is different for different customers. Guangzhou Gas Company implements price control on residents, non-commercial public welfare users and commercial public welfare users and charges different fees. 5. The price of related goods, climate and other special factors can affect the demand for goods, therefore. As mentioned in the material, the price of bottled gas and the cooling weather will affect the hot sale of honeycomb briquette. Similarly, pipeline gas is also the same
(4) cross elasticity of demand refers to the change of the demand of another commodity caused by the change of the price of one commodity. The rise of LPG price leads to the increase of demand for pipeline gas and honeycomb briquette, which reflects the economic principle of cross elasticity of demand< (5) 1. Government policies will have a significant impact on supply. When the price of bottled liquefied gas rises, the government does not take administrative measures to intervene in the price, which stabilizes the psychology of suppliers to a certain extent and ensures that the supply of liquefied gas does not decline significantly. 2. Proction cost affects the price and supply of goods. The reason why the price of bottled liquefied gas rises sharply is that the price of international crude oil rises. Therefore, the proction cost of liquefied gas affects its price and supply. 3. The difficulty of obtaining inputs affects the supply. Besides state-owned coal stores, there are many private coal Stores and indivial coal stores that proce honeycomb briquette. The supply share of honeycomb briquette in these private coal stores is estimated to account for about two-thirds of the Guangzhou market, and China has abundant coal resources, which determines the supply of honeycomb briquette to a certain extent< (6) 1. The government controls the price of bottled liquefied gas. When the price cap is set, there may be a phenomenon that there is a price but no goods. If the price of the equilibrium point of supply and demand without the upper limit is higher than the equilibrium point after the upper limit is set, the supply will be less than the demand, so there will be a shortage of market supply. 2. In addition, when the government intervenes in supply and demand, it often leads to waste, inefficiency and shortage. Therefore, we believe that the price department did not intend to intervene in the price of liquefied gas after in-depth investigation into the reasons for the rise in the price of liquefied gas
I just wrote about microeconomics. I hope it can help you...

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