Can I buy bitcoin on Taobao

1. Taobao announced last night that it would ban the sale of bitcoin, bitcoin mining machines and mining tutorials from January 14
according to the announcement, the commodities banned by Taobao include:
- bitcoin, Leyte coin, bio coin, quark coin, infinite coin, cocoa coin, pennies, ppcoin, namecoin and other virtual coins
- bitcoin mining tutorial and other virtual currency tutorials and strategies
- bitcoin mining machine and other hardware and software used to obtain relevant virtual coins
in the announcement, Taobao stated that businesses should abide by relevant laws and regulations such as the notice on preventing bitcoin risks issued by the central bank, MIIT, CBRC, CIRC and CSRC, and pointed out that "the central bank explicitly requires third-party payment institutions to close trading channels such as bitcoin and lightcoin"
up to now, a large number of results can still be returned from the search of "bitcoin" on Taobao, mainly for mining machinery course, and the price is generally less than 1 yuan.

2. Four pieces of technology mining machine is recommended not less than 4G memory, and the more nodes connected, the higher the memory consumption.

3. The basis of bitcoin contract
bitcoin contract refers to a contract that can be traded without actually owning bitcoin. It is very different from the currency transaction which can only be carried out with the actual holding of digital currency
bitcoin contracts enable you to predict the price trend of bitcoin and hedge risks. This way of trading means that you are investing in price trends, not the assets themselves
when trading bitcoin contracts, you can decide whether to be short or long. Choosing long means that you expect the price of bitcoin to rise. On the other hand, choosing to short means that you expect prices to fall
leveraged trading
it is a feature of bitcoin contracts that you can choose to trade with high leverage. Using leverage means that you don't have to invest 100% of the transaction amount in a contract transaction. Instead, you only need to deposit the initial margin, which is only a small part of the total contract value
leveraged trading allows you to have a large exposure with a small amount of money while managing risks
perpetual contracts
although there are many different types of contracts, this paper focuses on perpetual contracts. As the name suggests, these contracts have no expiration date. Traders who are long or short with perpetual contracts can hold positions indefinitely unless the contract bursts, which means that they will not suffer more losses than the initial margin
in a perpetual contract, the pricing of bitcoin is based on a specific index price. The index price is based on the average price of bitcoin in multiple currency markets
bitcoin contract has become a very popular trading tool. Many traditional investors are not ready to allocate their money to digital assets, but still want to benefit from attractive price fluctuations, and contract trading opens the door for them
to open bitcoin contract trading, you need to find the exchange that provides contract trading. AAX platform provides you with bitcoin contract trading services in a compliant and secure environment. AAX contract transactions support 100 times leverage.

4. It is the concept of virtual currency
bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's idea, it designs and publishes open source software and constructs P2P network on it. 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 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 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 relevant institutions 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

5. Do not support foreign supported E-commerce

6. Of course not! Bitcoin itself is anonymous, and it is basically difficult to obtain evidence,
so don't worry!

7. 1. Novice in the coin circle, hello. If you want to buy bitcoin, you should go to the regular trading platform to buy it. Taobao is a place for secondary trading. The price should be higher than that of the exchange. I don't recommend it
2. For example, you can't buy stocks on the shopping platform. These financial procts have their own trading platforms
if you have any further questions, please let me know in private.

8. No
Taobao prohibited sale
you can't find out if you search for bits

9. You have to be careful. This kind of virtual currency is very risky, because there is no real object in itself. Moreover, many Chinese companies, which use the name of virtual currency to make websites, cheat people to charge money and then roll money away. It is very difficult for people to catch this kind of Online fraud. Even if they catch it, it is very difficult for you to get your money back, because there is no record, If you want to make investment, I suggest that you still make formal and legal investment and financial procts in China, which are protected by law. Don't pick up sesame seeds or lose watermelons.

10.

Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins

e to the decentralized programming adopted by 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

extended materials

many websites for technology players have begun to accept bitcoin transactions. For example, websites like hotcoin, coin an and okex, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin

you can use money to buy bitcoin, or you can be a miner to "mine" them, and use computers to search for 64 bit numbers. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network. If the computer can successfully create a set of numbers, it will get 12.5 bitcoins

source: Internet bitcoin