The influence of Trump's election on the bitcoin

1. 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
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2.

As for bitcoin's sharp rise and breaking the $48000 mark, I believe no one will expect that. What are the reasons for bitcoin's sharp rise? Will bitcoin continue to soar in the future? With these questions, let's analyze this problem. Here are my personal thoughts and opinions, for your reference and discussion only

problem analysis

the above has explained various factors of bitcoin soaring, but none of these factors is under our personal control, and when you invest, you can't guarantee that you can bear the loss, so when you choose to invest in bitcoin, you are doomed to pay for your decision, The world is so big and there are so many procts to invest in. Why choose bitcoin with such high risk? The above is my personal views and ideas, for reference only

4. 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

5. It's normal for someone to pull you to make bitcoin, because you can give him a tribute and he has money to earn. But you have to think clearly. Now the price of bitcoin is still quite high, and you don't know whether you can make money when you buy it.

6.

bus line: Metro Line 1 → No.384 night line, the whole journey is about 17.2km

1. Walk 440m from Hangzhou east station to east railway station

2. Take Metro Line 1, pass 9 stations, reach Wenze Road Station

3. Walk 370m to xiashacheng station

4. Take No.384 night line, pass 5 stations, reach No.19 road and No.10 dajiekou station

5 Walk about 250 meters to Hangzhou Xiasha e-commerce park

7. After attending the offline virtual currency investment seminar, many citizens bought unknown virtual currencies. At the beginning, it was said that the short-term income was dozens of times, but now it is down by more than 90%. The project operator denied any previous profit commitment, saying the loss was "normal". Many investors said they would call the police together

yesterday, a number of investors called the hotline to say that they hoped more people would know about this and prevent them from falling into a trap when investing< In April last year, Mr. Lin learned from his friend pan that the other party was running a virtual currency project called dascoin, and pan invited him to attend an investment lecture

Pan rents a store in Haitan villa in the urban area and often holds lectures on virtual currency investment“ I heard that once, he said that dascoin has a good prospect, and the income in a few months may be dozens of times. He also showed me the records of other people's investment on their mobile phones, many of which were bought for hundreds of thousands of yuan. " Mr. Lin said that he knew very little about virtual coins. He heard that someone had made money for "bitcoin". After listening to Pan's publicity, he decided to try it. "At that time, the price of a Darth coin was more than 1 yuan. I transferred it to Alipay for 7000 yuan and bought 5000."

"Pan said that the coins would not arrive until three months later. He also gave something similar to the U shield of online banking, saying that it was a" virtual currency wallet "and that he wanted to buy and sell virtual coins through that login account." Mr. Lin said that he had been waiting for more than half a year, but he didn't receive the virtual currency. "I'm sorry to urge him because I'm a friend. In March this year, I questioned a few words in the investment group, and he kicked me out of the group."< Mr. Zheng, who is engaged in hardware business, knows little about virtual currency. He met Mr. Pan under the introction of a friend and invested nearly 250000 yuan to buy dascoin four times“ Pan said that virtual currency should be minted in batches. Let me wait patiently. " Mr. Zheng said that the first class was more than a year. During this period, he saw the price of a dascoin drop from more than 1 yuan to 8 cents today

according to the query website provided by pan to Mr. Zheng, dascoin was issued in May last year. At the beginning of the issue, the highest price was 1.5439 yuan per coin. Since then, it has been on a downward trend

on June 27, pan informed Mr. Zheng that all the virtual coins had been cast and had been entered into his account“ The dascoin I bought for 250000 yuan is only 20000 yuan according to the latest price. " Mr. Lin asked why the losses were so serious“ Pan said that the market is not good, this is a normal market fluctuation. "

on July 1, Mr. Zheng found pan with his "virtual currency wallet" and asked the other party to show how to sell virtual currency on the spot. He said that Pan told him that the domestic trading volume of dascoin was small and it was difficult to sell it. "He said that it could be traded abroad, but I said that it could be sold. As a result, he said that it would be operated through the English interface, and he would not do it. Anyway, it means that I can't sell these coins."<

answering "I don't know" in the face of questions has also blacked the reporter

the investors calling the news hotline said that in a "dascoin" investment group, there are nearly 100 investors, most of them from Wenzhou. At present, a rights protection group composed of more than 10 of them has been established. According to the rough statistics of the members of the group, the amount of their investment alone exceeds one million yuan. At present, they have not obtained the income promised by the other party

"pan is just a leader. His family name is a woman surnamed Liao. We suspect that more investors are kept in the dark." Mr. Lin said that after the dascoin project, Liao also set up other similar virtual currency projects. He wanted to remind investors to be careful of falling into the trap

yesterday, the reporter contacted pan and Liao. In the face of the above investors' doubts, pan refused "I don't know!" Then hang up and pull the phone black reporter<

Liao denied that he had promised to get high returns by investing in dascoin. "Investment is inherently risky, and it's normal to go up and down."

according to instry insiders, the virtual currency instry is a mixture of good and bad, so we must do our homework before investing, and do not blindly follow the trend. When investing, it is best to buy mainstream currencies from well-known large platforms. This personage reminds, fictitious money market quotation fluctuation is huge, often rise abruptly drop, want to bear ability according to oneself risk investment

8. In the fire coin, they may have been paid to personal accounts, because some platforms are regulated.

9.

The price of bitcoin has reached a new high and has returned to its peak in recent years. In this case, I would not choose to invest in bitcoin. There are two reasons. One is that the rise is bound to fall. Now the rise is really fierce, but once you go in, you may fall; Second, I don't know much about bitcoin, so I need experience in investment. A lot of old hands have lost all their money, not to mention I don't know anything. Personally, I prefer steady investment, even if I earn less, it doesn't matter

3. Steady investment

compared with bitcoin, which is a risky investment, I prefer steady investment. Like some basic funds, I buy some occasionally. Although you can't make a lot of money, you can at least guarantee that you won't lose. Everyone has their own views on investment, and what I always uphold is & lt; There are risks in the stock market, so be cautious when entering the market