Bitcoin phase III
The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks
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 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
e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
according to foreign media reports, on Monday, the price of bitcoin fell to $2526.4, with a maximum decline of 14.5%, which created the biggest decline since January 2015. A few days ago, the price of bitcoin just broke the $3000 mark, a new record, but then plummeted by more than 30%. As of the 16th of this week, the market value of bitcoin has evaporated $10 billion, almost equal to the market value of social software Twitter's $12 billion
the other reasons for the sharp decline include the sharp decline of US technology stocks and the poor outlook of investment banks on the special currency. Morgan Stanley said that "the virtual currency is like the currency of the wild west", which needs to be regulated before it can continue to rise. The previous price surge may be caused by speculation and not easy to sell
it is worth mentioning that bitcoin is not the only one that has plummeted. It is said that the prices of other digital currencies have also fallen considerably
there are risks in investment, so you need to be careful when entering strong>
bitcoin has risen in a very high trend. In fact, bitcoin is a hoax. Eventually, it will bubble up. Some people who are unknowingly are attracted to be cut into Leek by capital side. RRRRR}
three, bitcoin is the bubble economybitcoin rising momentum now, many people have seen the interests of them, and constantly invest in this market, large amounts of money continue to inflow. similarly, once the bitcoin market is saturated, it will inevitably be unprofitable, and the bitcoin market will also have an extremely big shock. At present, the trend of bitcoin's change is actually just a short-term effect. In the future, bitcoin will fall into the bubble economy as before. p>
If you compare the decline of bitcoin with the rise of bitcoin at that time, you will find that such a decline will not have any impact on bitcoin. However, this time bitcoin's decline actually sounded a signal that bitcoin has indeed lost its original popularity. Now many people are keen to invest in bitcoin as an important investment channel. Because of his crazy rise, many people have opened bitcoin investment accounts. But here I still want to warn you that investment is risky, especially for virtual currencies such as bitcoin. So today we will discuss whether the popularity of bitcoin has dropped{ RRRRR}
Third, how to look at the current situation of bitcoin
among all the answers about bitcoin, I always insist on the idea that as an investment channel, bitcoin is really not worth your investment, because as a virtual company or it has no credit endorsement. So it could collapse at any time. The price of a bitcoin has exceeded 200000 yuan, which is unacceptable to ordinary people. So in daily life, if you are advised to invest in bitcoin, you must be careful and understand that any investment is risky
responder: ccchhhjk - Magic apprentice level 1 9-25 18:05
promote patriotism, aspire to forge ahead for the country
patriotism is loyalty and love for the motherland. In the past dynasties, many people with lofty ideals have a strong concern for the country and the people. They take the state affairs as their own responsibility, go on and on, defend the motherland and care for the people's livelihood in the face of adversity. This valuable spirit has made the Chinese nation survive through adversity. The content of patriotism is very extensive. Loving the mountains and rivers of the motherland, loving the history of the nation, caring about the fate of the motherland, fighting bravely in times of crisis and dying for the motherland are all manifestations of patriotism. In the five thousand years of development of the Chinese nation, the Chinese nation has formed a great national spirit with patriotism as the core
it is precisely because of the deep love for the motherland that the instrious and intelligent Chinese people have jointly opened up a vast territory and created a splendid culture. Shouldering the task of realizing the great rejuvenation of the Chinese nation, we should love the great rivers and mountains of the motherland and actively safeguard the sovereignty, independence and territorial integrity of the motherland. Every inch of the territory of the motherland should not be lost or occupied by separatists; We should love the history and culture of the motherland, improve national self-esteem and self-confidence, and do our best to create a more brilliant national culture
today, China has entered a new historical period. China's accession to the WTO makes the relationship between China and other countries closer. Opportunities and challenges coexist. We will face more and more new situations and new problems. To promote the great cause of China's reform and opening up and speed up the process of socialist modernization, we need to carry forward the fine tradition of patriotism. Only in this way can the Chinese nation revive its vigour and make greater contributions to human civilization and progress
a country is prosperous when it is young and strong when it is young. We should adapt to the requirements of the development of the times, have a correct understanding of the history and reality of the motherland, enhance our patriotic feelings and the sense of responsibility for revitalizing the motherland, and establish national self-esteem and self-confidence; Carry forward the great spirit of the Chinese nation, hold high the banner of patriotism, forge ahead, self-improvement, hard work, tenacious struggle, and truly turn patriotism into a trip to serve the country. Today for the revitalization of China and study hard, tomorrow to create a brilliant future of the motherland to contribute their own strength!
at the time of writing, only 19 cryptocurrencies are valued at $1 billion or more. That figure was much higher at the beginning of the year, as token speculation reached an all-time high. bt110
