When will bitcoin lose its value

1.

bitcoin network generates a new block every ten minutes. Every time a miner completes a block, he can get a certain amount of bitcoin as a block reward, and the reward will be halved for every 210000 blocks mined. Because the time for mining each block is limited to 10 minutes, at this rate, the period for the reward to be halved is four years, that is to say, the reward for bitcoin blocks is halved every four years

when the bitcoin block reward was halved for the first time, its price rose 25 times from 300 yuan to 7995 yuan; In the second half, the price rose 28 times from 5011 yuan to 140000 yuan. So many people predict that the third halving of bitcoin in May 2020 will lead to a sharp rise in the price of bitcoin, at least 10 times. However, these figures are not so clear. After halving in 2012, bitcoin prices rose for two months, and in 2016, there was almost no immediate response to deflation for a month. This may also be the result of the strategy of "buying rumors and selling news" implemented by some speculators

extended data:

after bitcoin halved, the supply slowed down, and keeping deflation through algorithm has always been a part of bitcoin protocol design. It was set up to ensure the value of bitcoin. By recing block incentives and setting the maximum possible supply of bitcoin at 21 million bitcoins, bitcoin has an anti inflation feature, which runs counter to the tendency of central banks to print money at will. At present, there are about 17.5 million bitcoins in circulation, and less than 3.5 million bitcoins are available for mining. When the next block award halves, bitcoin's annual inflation rate will drop from the current 3.8% to about 1.8%

maintaining deflation through algorithms has always been a part of the design of bitcoin protocol. It was created to guarantee the value of bitcoin. By recing block incentives and keeping the total amount of bitcoin at 21 million bitcoins, bitcoin is endowed with an anti inflation nature, which is different from the tendency of central banks to print money at will. At present, there are about 17.5 million bitcoins in circulation and less than 3.5 million available for mining. The next block award cut in half could rece bitcoin's annual inflation rate from the current 3.8% to about 1.8%. This will be the first time in bitcoin's history that it has fallen below the historical average of about 2% - 3% growth in gold supply

2. Mining and medicine are almost the same, depending on your fwq status
a single new server has the advantage of collecting herbs, which consumes a lot of water for reclaiming wasteland, and the inscriptions also use herbs

3. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency

4. Tianlong spirit, set three functions in one, automatic planting, automatic play strange, automatic business. Fully adapt to any window, use the process can be moved to adjust the size of the window
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see

auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)

5. If you want to speculate in money, you must choose a large platform and a platform with a background. Don't touch a small platform. All kinds of money are stolen one after another. Asproex (Apollo) has a full financial license and the United States MSB license. It has two advantages of efficient supervision and bank endorsement. It is a diversified international financial platform. It can be used for reference

6. The new site has started construction and will be put into use in 2022

7. As a special commodity that serves as a general equivalent, money is the proct of commodity exchange. Its main function is to implement the means of circulation and payment as the medium of transaction. The form of money is subject to the content of money and evolves with the development of the times. "It is an endless process to replace another symbolic money with one symbolic money." In this way, the possible forms of money have infinite diversity. So far, the form of money has gone through the stages of physical money, substitute money and credit money. In fact, from the simple commodity currency to precious metal currency in the early period, and then to the record data on paper money and bank account, the form of currency has experienced the evolution from value entity to value symbol. At the same time, e-money came into being

the emergence of e-money is the proct of the information revolution. The emergence and circulation of e-money separate the real money from the concept money. The evolution of real money into virtual money is the inevitable result of the new technological revolution and the development of network economy. It effectively solves the problem of how to rece the "information cost" and "transaction cost" under the background of market globalization. E-money has greatly broken through the space-time limit of the real world. The information flow and capital flow are transmitted rapidly and conveniently on the Internet. The space-time gap is no longer an obstacle in the network world. At the same time, network and e-money also rece a large number of social labor and expenses, such as printing, issuing, cash circulation, physical handling and counting, greatly recing the time and space cost of exchange. Because of the convenience, generality and efficiency of e-money, the use and settlement of e-money not only simplifies the complicated proceres of traditional money, but also is not limited by time, place and service object. People can complete the transaction in their own convenient time, Whether the goods are purchased at home or abroad. In a word, the emergence of Internet and electronic currency accelerates the globalization of market and strengthens the connection of global economy. People can deal with economic affairs faster and more economically through Internet and electronic currency. All of these greatly rece the cost of information search, rece transaction costs, save more social wealth and improve the scope and efficiency of optimal allocation of resources. Therefore, the emergence and development of e-money can be said to be the advanced stage of money development and the third revolution in the history of money.

8. There can't be inflation. What is inflation? There are two kinds of inflation:

(1) suppose that one sheep can exchange for 10 chickens. There is one sheep and 10 chickens in a room, which issue 200 yuan currency, so sheep is worth 100 yuan and chicken is worth 10 yuan. If we issue another 200 yuan, the price will double, and the sheep value will be 200 yuan, which is the inflation of issuing excess currency
(2) in the above example, when 10 chickens are eaten, the room is still 200 yuan, and only one sheep is worth 200 yuan. This is inflation e to shortage of goods, and there is no issue of more money< (3) the collection of bitcoin itself loses its monetary function. Money is only an intermediary and develops from barter. So you are right, all collections will lose the function of currency
(4) if there are few things, the same currency is also inflation, so no matter what the currency is, virtual currency and limited currency will also be inflation.

9. The biggest risk of playing bitcoin is that you lose it when you play.