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Can bitcoin be sold for cash in 2020

Publish: 2021-05-28 12:56:56
1. Do you have bitcoin? Bitcoin, he has a trading website, you log in to register that website, go into it, someone will buy it, you can sell it to him.
2. You can't buy either. You can make a hammer
3. 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 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 money 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
on February 16, 2021, the price of bitcoin exceeded $50000. On February 20, 2021, the total market value of bitcoin broke through the $1 trillion mark. On February 22, 2021, the price of bitcoin exceeded $58000 per coin. On the evening of February 22, 2021, bitcoin's decline widened e to the counterattack of short selling funds. It once fell below US $48000 / piece, with a decline of nearly 17%. Subsequently, long funds quickly began to bottom, in half an hour, bitcoin fell from 17% to 6%. According to coingecko, as of 0:00 on February 23, Beijing time, bitcoin was at US $52878.42 per coin, down 9% in 24 hours

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 the monetary authority, does not have the monetary attributes of legal compensation and mandatory, 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 the above explanation is for reference only. Before investing, it is suggested 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 mistaking into the capital market
③ 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 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
4. When you trade on exchanges such as binance and primexbt, your profitability will depend entirely on your trading skills, or if you invest for a long time, you will try to hold it for a long time to make a considerable profit.
5.

The development of human civilization has been advancing with great success all the way. With the advent of the network information age, more and more new things appear in our vision

there are many people who have graally accumulated their wealth by taking advantage of technology, and many people have become billionaires in the development of technology< the development of science and technology has promoted the rapid development of our society and our urban construction { RRRRR}

if we add our bitcoin holdings on this node, we are likely to have a huge loss, so it is not recommended to invest in bitcoin at this time node

6. I'm a newcomer. I've been digging for less than a few days.. Want to know how to change it
7. Yes, all major exchanges support the exchange of legal currency
8. Yes, on the bitcoin trading platform
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