Why can bitcoin circulate
Because 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
many websites for technology players have begun to accept bitcoin transactions. For example, websites like hotcoin, coin an and okex, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin. There are specialized bitcoin third party payment companies abroad, similar to the domestic Alipay, which can provide API interface services. p>
you can use money to buy bitcoin, or you can be a miner to "mine" them, and use computers to search for 64 bit numbers. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network. If the computer can successfully create a set of numbers, it will get 12.5 bitcoins
bitcoin is decentralized. It needs to create a fixed number of bitcoins in each unit of computing time. It can get 12.5 bitcoins every 10 minutes. By 2140, there will be 21 million bitcoins in circulation. In other words, bitcoin system can be self-sufficient, which can be translated into coding to resist inflation and prevent others from sabotaging
extended data:
monetary characteristics
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform Mining: users can explore the computing power of different hardware on many platforms
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: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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there are two ways to trade bitcoin, one is spot trading, also known as currency trading, which requires the purchase of usdt (omnilayer protocol based digital assets released on bitcoin blockchain), and then the purchase of spot, and the other is futures trading. the futures trading is divided into delivery contract trading, which is generally a weekly contract, Next week contracts, quarterly contracts and perpetual contracts
6, when I successfully transfer my bitcoin recharge to the trading platform, I can sell my bitcoin on the trading platform. On the trading platform, click the "sell bitcoin" option under the trading column
7. Then select the type of order to sell, the quantity of bitcoin to sell, and click the "next order" button to continue
Similarly, the record of selling bitcoin can also be seen in the transaction query under the transaction column9, when the transaction is successful, you can withdraw RMB to your bank card. Under account management on the left side of the page, click "RMB withdrawal", and then fill in according to the required format in the right pane. Finally, click the "withdraw" button
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 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
on September 4, 2017, the central bank and other seven ministries and commissions announced that China banned virtual currency trading
on December 17, 2017, bitcoin reached an all-time high of $19850
on November 25, 2018, bitcoin fell below the $4000 mark and is now stable at more than $3000.
in April 2019, bitcoin again stood at the $5000 mark, reaching a new high of the year.
In China, there are some highly developed people who are not like ordinary people. They are submissive in life and earn the most basic salary. In fact, from the very beginning, they are very keen to understand current events and find business opportunities that are beneficial to them. In the end, they make their property constantly double, so they stand out from ordinary people, Become a millionaire
Today's Li Xiaolai has long been successful and has become a generation of rich people relying on his extraordinary investment vision. Now many people join in the trend of virtual currency and want to appreciate by buying and selling currencies like him. I don't know if they can have such good luck as him