No one's buying bitcoin, it's not worth it
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. 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
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly 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
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the bitcoin market is an extremely crazy market. Some people have become billionaires overnight, while others have been cut leeks. The ups and downs, joys and sorrows of the world are incisively and vividly interpreted anyone who knows about the bitcoin market should know that before, the value of bitcoin was only 1000 yuan, but it rose to 17000 yuan in 2017. With such an appreciation rate, the profits matched with it are also amazing. Bitcoin appeared in 2009. At that time, the value of bitcoin was only US $0.1. Looking at the price in 2017, there is a big difference between the two. If someone had a lot of bitcoin when it first came out, he would be one of the richest now
When the engineer became a billionaire, he began to travel around the world. In fact, he has long had the idea of traveling around the world, but e to economic reasons, it has not been realized. Now, the engineer can live freely and realize his dream of traveling around the world. In an interview with reporters, the engineer also said, although his original job is very good and can provide him with stable income, he has always dreamed of the global world and visiting friends from various countries. Now, he is living the life he wants, and by selling bitcoin, he has got hundreds of millions of assets, which is enough for him to spend his whole lifethe value of the post-90s who have made a fortune by bitcoin has increased several times. But compared with the previous few years, it has dropped a lot
ring this period, bitcoin investment appeared two rounds of upsurge, then two rounds of bubble burst. in 2013, the price of bitcoin increased 85 times, then dropped sharply in the second year, and dropped 80% in the next two years. The reason is that hackers attacked the GOx mountain exchange, shaking the confidence of many early investors. The second boom is in 2017. Within a year, bitcoin has risen more than 25 times. The bitcoin bubble burst again in 2018, and so far, the crash is continuing. In these two ups and downs, some people suddenly became rich overnight and retreated in time. Some people saw that their huge wealth had been lost in vain
2. In order to prevent fraud in a transaction, many nodes need to perform operations to verify. In fact, most of these operations are provided by the miners, so the handling charges go to the miners who are mining. Bitcoin will not be reced either