Is the bitcoin world gone
There are only 21 million bitcoins
"graphics card mining" is a joke. In fact, it is running a specific algorithm to generate bitcoin through a large number of calculations
{rrrrrrr}
extended materials:
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most 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 the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
bitcoin China announced that in accordance with the spirit of the document "Notice of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the financing risk of token Issuance" issued on September 4, and adhering to the principle of preventing investment risk and protecting the interests of users to the maximum extent, bitcoin China team has carefully discussed, Three decisions were made: first, bitcoin China digital asset trading platform stopped new user registration from yesterday; Second, on September 30, 2017, the digital asset trading platform will stop all trading businesses. Third, bitcoin China's mining pool (national pool) and other businesses will not be affected by this and will continue to operate normally
affected by this news, bitcoin, lightcoin and Ethereum all fell sharply. By the time of Beijing Youth Daily, the price of bitcoin was 21600 yuan, with a 24-hour drop of 12.51%. During the day, bitcoin once fell below 20000 yuan, with the lowest price reaching 19597 yuan; Ethereum quoted 1472 yuan, down 14.56%; Lightcoin fell the most, offering 299 yuan, down more than 23%
bitcoin China, the first and largest bitcoin trading platform in China, is operated by Shanghai satuxi Network Co., Ltd., which was established on June 9, 2011. The team members are mainly from China, Silicon Valley and Europe
on March 12, 2014, bitcoin China officially launched the lightcoin transaction, with a total transaction volume of more than 30 million yuan
on September 30, 2017, bitcoin China stopped all trading business
the first time I bought bitcoin and the first time I bought Ethereum was in bitcoin China. The collapse of bitcoin China and other exchanges means that China has lost its pricing power in the field of virtual currency.
Where is Nakamoto? In my opinion, Nakamoto may never exist maybe he's just a code, or maybe he's just a name invented by a bitcoin team. Over the years, the outside world has been speculating about the identity of Nakamoto, but no one has ever seen him as a real person{ RRRRR}
the situation of bitcoinfrom the beginning to now, bitcoin has experienced peaks and valleys. Now the value of bitcoin has become stable. It is basically difficult for ordinary people to obtain bitcoin by mining, and the cost is also difficult to control. Therefore, it is basically certain that it is impossible for ordinary people to rely on bitcoin to make a fortune. And now add to join the speculation circle, I personally think it is not very rational. First, we all know the value of bitcoin. There is no cheap way to pick it up. The second is whether bitcoin will play an important role in the future. At present, no one can give a 100% guarantee. Therefore, you need to be careful in currency speculation. If you have to, you should see if you have enough money in your wallet
however, investors should pay attention to the fact that e to the lack of supervision and the intervention of a large number of speculators, the price of bitcoin is like a roller coaster, with great fluctuation and high investment risk.
Virtual currency seems to make people rich overnight, such as bitcoin. At the beginning of the year, it cost a few yuan, but now it costs US $50000. Not all virtual currencies are bitcoin. It's better to be cautious. Now many friends want to invest in the digital currency of the blockchain and join the army of overnight wealth Red wine and other goods are given away by the company; Dark blue integral;, At the same time, points also have consumption value-added, which is returned in the form of points. Points can also be converted into virtual currency of the trading platform, namely & lt; Beilan coin;, Virtual currency can be traded or withdrawn on the trading platform, and it can rise or fall
shortly after the company's operation, it invited another nickname & quot; Fengshen & quot; Network operator, joint operation & lt; Dark blue integral & quot& ldquo; Beilan Coin & quot; Network platform fund-raising project, behind the beautiful gimmick, is a fraud of illegal fund-raising
in order to attract victims into the trap, put on appearances, buy luxury cars, expand false publicity and attract investors
later, e to the conflict between shareholders, the operator was reported and arrested by the public security organ, the company project finally collapsed, and this illegal fund-raising case graally surfaced
It is reported that 80% of the total supply of bitcoin has been used up, leaving only about 4.2 million, waiting for the global "miners" to divide up. How long can this last feast last when prices have been slashed and regulation has become increasingly strict
the trend of supervision determines the price trend
but in the international scope, the life of bitcoin is not easy. The US financial stability Regulatory Commission has set up a working group on virtual currencies such as bitcoin to assess their possible negative effects. The European Securities and Markets Authority also said that it is studying whether digital currency is a financial instrument within the scope of supervision. In addition, South Korea, India and other financial regulatory authorities have also strengthened supervision
Huang Zhen believes that the direction of regulatory policy will have a significant impact on the development of special currency. After the policies of various countries are issued, especially if the G20 can coordinate these developed countries to issue unified regulatory policies, the price trend of bitcoin and the upstream and downstream instries will have a clearer expectation