Position: Home page » Bitcoin » Bitcoin's acquisition in China

Bitcoin's acquisition in China

Publish: 2021-03-25 07:48:50
1. bitcoin will not withdraw from the Chinese market, or from any other country's market. Strictly speaking, the state can only manage or restrict the use of bitcoin. To a certain extent, it does not completely restrict the transaction of bitcoin. In addition, mining bitcoin can not be controlled. Therefore, it is difficult to withdraw from the Chinese market. Bitcoin is the proct of network algorithms, Bitcoin can't be eliminated as long as it exists in the whole network, and there is no central issuing agency for bitcoin, that is to say, no country or institution can eliminate it unless it paralyzes servers all over the world. Haha, but in China, it is still possible to enact laws to prohibit the trading or holding of bitcoin as illegal goods, Now that India has done so, the Indian government treats bitcoin as a drug, but even so, it can't stop the existence of bitcoin unless the Internet is banned in India; So I don't know what will happen in China. Before that, South Korea and Japan only prohibited the circulation of bitcoin as currency, but they gave a green light to the speculation of bitcoin as a financial tool. As for the price of quitting China, I can only say that China's diggers account for more than 60% of the world's total. The withdrawal of all Chinese diggers will lead to a sharp drop in the difficulty of calculation (that is, the difficulty of mining), and the price of bitcoin will also plummet when things are scarce. Don't forget that the soaring price of bitcoin is also the credit of China's diggers.
2. No, but bitcoin is not as hot as it used to be. Bitcoin has been on the decline since 12.5 at the end of 2013. During this period, some bullshit happened. Mentougou, the world's largest bitcoin trading platform, has stolen 600000 bitcoins. The U.S. government has auctioned bitcoins obtained from the Silk Road for many times. Although bitcoin gained more attention and recognition in 2014, the scale and scope of financing have increased geometrically, However, there was no killer application of bitcoin in 2014, and the price of bitcoin continued to fall, once falling below the 1000 yuan mark

since 2015, the price of bitcoin has been even worse. First of all, one of the world's largest bitcoin trading platforms has stolen $5 million worth of bitcoin from stamps. During the Spring Festival, biter, a well-known bitcoin company in China, and its piggy bank have been stolen, totaling more than 10000 coins. China's bitcoin circle is shrouded in a black cloud. The security of bitcoin has once again aroused everyone's attention. The confidence of bitcoin is also disappearing, and some big V's in bitcoin circle are also turning back

may 2015 be a turning point for bitcoin, or death or fire? Bitcoin has more analysis articles.
3. It is easy to understand that the main reason is that the negative impact on China's economy and society is unforgivable. First of all, these computer geniuses have a good desire to create algorithmic digital currency, but because it has no value base, the consideration of bitcoin is dominated by underground economy from the beginning, and then it becomes a tool for speculation. Secondly, every surge of bitcoin is related to Chinese speculators, which is basically the result of domestic speculation and malicious speculation. This kind of malicious speculation not only has a serious impact on China's financial market, but also creates conditions for many illegal funds to flee. Third, bitcoin and other algorithmic currencies have never served the real economy in China, and have promoted the development of the real economy. On the contrary, let the funds serving the real economy flow into the market for speculation, which has a serious crowding out effect on the real economy. Fourth, under the above circumstances, bitcoin and other so-called "algorithmic digital currencies" will surely become increasingly tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal and criminal activities, and the responsible government must absolutely own this market.
4.

On Tuesday, Beijing time, China's first bitcoin exchange said it had been acquired by an unnamed Hong Kong blockchain investment fund

"today's acquisition is a milestone for BTCC, and also a recognition and reward for our achievements in recent years," said Li Qiyuan, co-founder of BTCC. "The introction of resources will help BTCC develop its business more strongly and actively from 2018. I am very excited about this."

5. Domestic OTC can always be traded
6.

Last night (September 15), Huo yuan.com and okcoin announced that they would close RMB trading on October 31. So far, all the three major domestic bitcoin trading platforms, which are jointly known as bitcoin China, have been spared

in fact, yesterday morning, there was a circulation of "requirements for the cleaning up and rectification of virtual currency trading venues in Beijing", which clearly pointed out that an announcement should be issued before 24 o'clock yesterday to specify the final time to stop all virtual currency transactions, and announced the immediate stop of new user registration. It also requires the trading place to report to the financial office of the district where the registration place is located daily the operation situation and the progress of the clearing work before completing the clearing work

as soon as the news came out, the price of bitcoin dived again, and the price of bitcoin instantly dived to RMB 17010.9. However, as of the time of press release, the price of bitcoin has returned to nearly 20000 yuan

7.

To be honest with the Chinese, bitcoin's fall will not have a great impact on the whole. China has issued a request to the bitcoin exchange that all consumers clear their hands of bitcoin. On the whole, the impact is not great. The reason why bitcoin falls so hot is mostly because the sharp rise in the front is in sharp contrast to the current slump. What's more, at that time, everyone invested in this thing, and the topic was full{ RRRRR}

anyway, as melon eaters, we should eat melons. It's better not to touch it. It's better for those friends who lost money to stop loss in time. Don't be investment risk, two lines of tears of relatives

8. It can't be simply attributed to the exchange. Sometimes there are sudden short-term fluctuations, and the exchange does participate. But the main topic is about the monthly time span, which is difficult for the exchange to control. It is more the result of the joint operation of hot money and large institutions. However, the sharp decline of the overall currency value can't be separated from the basic economic principle: the relationship between supply and demand, This is beyond anyone's control
9. It must be admitted that the government's increased supervision has further increased the risk of bitcoin trading. Moreover, the transaction threshold is obviously higher than before. In essence, as a means of investment, the risk of bitcoin is self-evident. If there is no final person to take over the offer, even if bitcoin is in short supply, it lacks real value and only has limited online use value. If you can't find the last pick, bitcoin is likely to disappear like a bubble.
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750