What determines the circulation of bitcoin

1. bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source In China, it is defined as a special Internet commodity by the central bank
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.

2. The brainless people do brainless things. Now they change their name to Ping'an Tongzheng. It's the same group of people who continue to cheat money. Be careful.

3. On January 3, 2009, bitcoin came into being. At the earliest time, many people didn't look at bitcoin. At that time, it was about 0.3 cents. The issue price of a currency was about 20 cents in RMB.

4. Hello
1.
is the solution of the equation. For example, one number of a function can only be 1, 0, and negative 1. Then there are only three finite solutions<
2.
money is only in the middle, and it has to be spent before it has value, so you are right about the second point. The loss of wealth
3.
it's possible that whoever has a big maker will follow him, just like the virtual currency now has a big bitcoin plate and a big maker
just for personal point of view, don't spray if you don't like it, thank you.

5. At present, the circulation of bitcoin is about 11 million

bitcoin does not have a centralized issuer, but is calculated and generated by network nodes. Anyone can participate in the proction of bitcoin

but bitcoin is not issued in unlimited quantity, and its circulation will be controlled by software algorithms. According to relevant algorithms, the more bitcoins there are, the more difficult it will be to make new ones.

6.

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