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The price of bitcoin is falsely high

Publish: 2021-05-02 06:34:19
1. bitcoin is not issued by 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 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
on January 8, 2021, the price of bitcoin exceeded $40000

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
response time: January 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
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2. Because the global circulation of bitcoin is only 21 million, there are only less than 4.5 million left to be mined, and the last one will be mined in 2140. With the decrease of the amount of coins that can be mined, the difficulty of procing bitcoin will increase. On average, the difficulty of mining will increase by half every four years. Now, 12.5 coins are proced every 10 minutes. All the coin diggers are scrambling for the fixed quantity, so the price of bitcoin will be higher and higher.
3. UBS has issued a report that the global investment value of regional chain technology will reach 300 billion to 400 billion US dollars in 2027. And the regional chain as an infrastructure development, will be applied to more and more scenarios. It is more and more good projects that push up the price of bitcoin. This is just the early stage of blockchain development. Bitcoin has great potential. If you are interested, you can invest in okex.
4. The price of bitcoin depends on the time and target. Compared with the US $1 at the beginning, it is thousands of times higher. The price is too high. Compared with the US $18000 the year before last, it is neither high nor slightly low. It is better not to speculate in such a high-risk electronic currency
5. Bitcoin is a virtual currency, and its price is suspected of artificial speculation. At the same time, it is expensive because it is rare
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. 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 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
on December 17, 2017, bitcoin reached an all-time high of $19850. On July 27, 2020, bitcoin broke through the $10000 mark again.
6.

We invested 1 yuan in that year, and now we get 10.8 million yuan! The market value of bitcoin can buy 22 Yunnan Baiyao, which has increased by more than 10 million times in ten years. After breaking through 25000 US dollars on the 26th, the transaction price of bitcoin continued to rise< as of 14:24 Beijing time on the 27th, data from coindesk showed that the price of bitcoin was $27372 each, up more than 10% in 24 hours

the key to maintaining monetary belief is scarcity. In primitive society, shells were also used as currency. This is because people find that shells also require a lot of labor time< the scarcity of shells determines the intrinsic value of these shells but if people go to the seaside and find endless shells everywhere, the shells will become worthless and people will start to use other scarce commodities as money

7.

the main reason is that central banks have been printing money crazily in recent years, resulting in a large amount of devaluation of cash and more hot money in the market. As a result, part of the money has poured into the bitcoin market, resulting in the phenomenon of inflated prices ring this period, bitcoin hit a new high again, breaking through the $16000 mark, with the highest intraday price of $16427. At the same time, the total market value of bitcoin has exceeded 300 billion US dollars. If ranked by the way of assets, its market value has exceeded the total market value of instrial and Commercial Bank of China. This is also the first time that bitcoin has rebounded since the downturn, and the highest price has broken through again

The characteristic of

institutions is that because they need to pay capital gains tax, many large institutions will hold bitcoin for a long time after they enter the bitcoin market. Unless there is a big fluctuation, they will not sell in the short term. With the influx of more and more institutions, the price of bitcoin will naturally rise steadily and it can be predicted that this wave of rise will continue for some time

8.

Shenzhen Jubao Internet Technology Co., Ltd. is a limited liability company registered in Longhua District, Shenzhen City, Guangdong Province on May 28, 2013. Its registered address is located at b805, Yousong science and technology building, east ring 1st Road, Longhua street, Longhua New District, Shenzhen city

the unified social credit code / registration number of Shenzhen Jubao Internet Technology Co., Ltd. is 914403000703807588, which is Xie Wei, the legal person of the enterprise. At present, the enterprise is in business

the business scope of Shenzhen Jubao Internet Technology Co., Ltd. is: general business items: E-commerce; Development of network technology (excluding Internet service); Research and development of computer software; Web design; Sales and on-site maintenance of computer system integration equipment; Sales and leasing of servers; Domestic trade, import and export of goods and technology., The licensed business items are: using the Internet to operate game procts (including online game virtual currency issuance); Internet information service. In Guangdong Province, the total registered capital of companies with similar business scope is 4084445 million yuan, and the main capital is concentrated in 12434 enterprises with scale of 1-10 million and over 50 million

Shenzhen Jubao Internet Technology Co., Ltd. has invested 0 companies and 1 branch

check more information of Shenzhen Jubao Internet Technology Co., Ltd. through aiqicha

9. I feel that the price is basically stable now, so I can buy it. Novices can register at the special currency exchange first, and recommend okex in China. At present, the security and trading volume are leading in the world. While understanding the market, they can make preparations for the investment again. When they decide to buy, they can buy it directly. Now okex can buy bitcoin in one minute, It's more suitable for novices.
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