Bitcoin is a joke
Those people are living a good life now, those who played bitcoin in the early days & lt; The pig of tuyere & quot; Made a lot of money
the discussion of bitcoin in many forums is no longer limited to & quot; Is bitcoin a scam;, Instead, it extends to & lt; Can bitcoin become a global currency in my opinion, bitcoin is a full digital bubble. A virtual currency constructed by algorithm has no national support behind it. Moreover, the scarcity of bitcoin will inevitably lead to its appreciation very quickly, especially under the guidance of market economy. behind the currencies used by countries in daily life are endorsements with national prestige, just like the reason why the US dollar circulates around the world is not because the strong national strength of the United States ensures the liquidity of the US dollar Nakamoto's original simple idea of letting bitcoin replace the currencies of various countries and become the object of global circulation is a joke in terms of power struggle between countriesThose people are living a good life now. In the early days, these "tuyere pigs" who played bitcoin earned a lot of money
I. Nakamoto found bitcoin, and now it is fading out of the bitcoin circle
Bitcoin BTC 2009 Satoshi Nakamoto is bitcoin / org ~ $24.3 billion is SHA-256; LTC 2011 coblee is litecoin / org ~ $3.6 billion is script infinite; IFC 2012 ifccion is ifccoin / ORG~$ $20 million is a script quark, qrk 2012, qrkcion is cgbcion / org - $10 million is a script zeta, ZET 2012 zetcony is ZET / org - $10 million is a script proof of work / POS
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1; In the course of; Ring
2
As far as, as far as, as far as, as far as, as far as, as far as, as far as, as far as, as far as ( I have heard of him This is a photo of my dog.this is a photo of my dog
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extended materials:
usage of synonyms
from English [fr & # 601; m] Beauty [fr &, 601; m]
definition: prep; come from; From (...)
example sentences
are used as prepositions ( He descended from a good family
2、From what author does this quotation come?
Who is the author of this quotation Bitter words from you will only hurt her My answer seems to come from the subconscious I had a phone call from Marygenerally speaking, the value of money depends on its activity: the central bank prints a lot of money and puts it into the economy with high-speed monetary activity. Therefore, we find that if the value of money decreases, we will be more inclined to sell in the future, resulting in a further decline in the quoted price. This cycle will lead to a runaway effect
for bitcoin, there is no high speed activity of bitcoin. Only the speculative bubble burst, and the quotations get closer to the mall balance point. This leads to a humorous question: where is the balance? First of all, let's make some assumptions. If in the future, no one in the world will hoard bitcoin at all: no one believes that bitcoin will rise, but will only fall in the future. Therefore, in the near future, we will only purchase procts by purchasing just enough bitcoin. In this way, the quotation of bitcoin depends entirely on the demand (the amount of bitcoin that people spend on purchasing procts and services) and the supply (the amount of bitcoin that exists). We are going to test to set up a lower bound: there will be some conjecture data in it, so we are going to choose the more extreme (disappointed) data. Data results are relatively small, and are affected by many factors, but data results can let us roughly know the magnitude of the answer to the question. In addition, we have the same assumption that everyone has lost interest in all counterfeit coins: we only pay attention to the bitcoin quotation supported by the bitcoin demand brought by real procts and services, that is to say, we do not use the statistical data of business channels to count the demand
let's get started. It is an excellent representative of the total demand of bitcoin for procts and services. It is the total activity of coinbase and bitpay, the two largest bitcoin payment processors in the bitcoin instry. Of course, bitcoin for procts and services also occurs in other places (this does not include the bitcoin compensation paid by some companies). The total bitcoin traffic of these two payment processors can exceed 50% of the bitcoin demand in all bitcoin businesses: the service of all large-scale commercial bitcoin transactions is coinbase or bitpay
surprisingly, neither coinbase nor bitpay clearly revealed their detailed business data. Fortunately, we can make a reasonable and accurate guess about the implied meaning of some articles announced by them. For example, we know that bitpay's business volume in 2013 was $100 million, and we also know that its business volume in 2012 was $3 million. Bitpay was founded in 2011, so we can reasonably guess that the total business volume of bitpay at the end of 2013 will be at least $94 million. Coinbase didn't disclose similar data, but both sides made clear the detailed number of cooperative businesses: bitpay is "more than 30000 businesses", coinbase is "31000 businesses". If we assume that the average bitcoin business volume of each of the two payment processors is similar, then the revenue of coinbase and bitpay are very similar. Let's calculate according to this. They are all US $100 million per year, or the remaining 50% of bitcoin needs that do not flow through coinbase and bitpay will bring us $300 million per year. In fact, since it is almost certain that there will be a continuous increase in 2014, these figures are likely to be higher. Since it is difficult to evaluate the detailed increase, let's leave it alone and simply assume that it will be $300 million in 2014
according to the current quotation of bitcoin (US $474), the total value of bitcoin mall is about US $6 billion, so US $300 million only accounts for 5%. That is to say, 95% of the total demand for bitcoin is speculative. Therefore, our estimation of the lower bound of bitcoin price is 23 US dollars. At this moment, the natural market's strength will prevent the price from further falling
let's analyze the above achievements reasonably. Our approximate data comes from bitpay and coinbase's bitcoin traffic (2013), and the bitcoin traffic of the three major business channels is accounted for by the partners working in coindesk. The channel traffic of bitcoin business is mainly speculative business (and counterfeit money business), which can hardly represent the business needs of bitcoin brought by any procts and services. At the same time, the three major business channels in the world (Mt. GOx, bitstamp, btc-e) account for 93% of the total amount of bitcoin shopping malls, and 7% are not included. We think that it is appropriate for the real commercial bitcoin demand to account for 5%
but will bitcoin really fall to $23? Very likely not. Let's assume that bitpay and coinbase did not increase in 2014, which is 100% wrong. Overstock, a US online retailer, Dell, a global PC retailer, and Xindan, a US e-commerce channel, announced in 2014 that they had accepted bitcoin payment, so the real amount could be several times higher. In addition, no one can store bitcoin and counterfeit coins at all. Therefore, this achievement is likely to be far lower than the low bound of the actual quotation, but it also gives us a general idea of where the equilibrium point of the market can exist, and the current bitcoin quotation is actually unsustainable.
personally, I think it has something to do with economic development, but it has more to do with people's blind following
for those ordinary investors with poor psychological enrance, it's better not to touch bitcoin investment, because bitcoin's sudden rise and fall are very normal, and there is no rule to speak of. If you have poor risk-taking ability, it's better not to participate in the bitcoin investment process
the sharp rise and fall of bitcoin is very exaggerated
at the beginning, bitcoin was only a few dollars. Now, in April 2021, bitcoin has reached a record high of $64000. This figure is very exaggerated. It can also bring many people the dream of becoming rich overnight. Of course, we should also see the huge risks behind the sharp rise of bitcoin, because the sharp rise and fall of bitcoin are very exaggerated{ RRRRR}
Decentralization: bitcoin is the first distributed virtual currency. The whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
bitcoin is the earliest cryptocurrency and the largest cryptocurrency so far. Bitcoin and blockchain were born at the same time. Like gold, the issuance and launch of bitcoin can not be broken through, and the total amount is up to 21 million. Gold is not issued by any country, it is issued by nature, so most people agree that gold is money
bitcoin is as like as two peas in gold, and how much is the bit currency? Let's take a look at the enring joke in the coin circle. Nine years ago, a programmer traded 10000 bitcoins for two pizzas. This is the first transaction of bitcoin. It also shows that bitcoin can circulate like money. This is the embodiment of the value of bitcoin
if blockchain is compared to flour, then bitcoin is steamed bread made of flour. Flour can also be used to make rolls, pancakes, etc., but the first food made of flour is steamed bread
similarly, bitcoin is the first application of blockchain technology. However, in addition to bitcoin, blockchain technology itself can also be used for many purposes, such as blockchain can effectively solve identity forgery and data tampering of central supervision system
< H2 > source: Internet bitcoinwith regard to this question, I can give you a simple and crude answer: the future value of bitcoin will be higher and higher, but this high is not his high value, but his routine will not be higher and higher many people may be familiar with digital currency. Now, when we open our browser, we will basically discuss various problems of digital currency. Investing in digital currency is a very good idea. However, if your brain is beyond your own reason, you will pay for it. The unreliable data shows that, Yesterday, the uncontrollable market of bitcoin reaped 35.4 billion yuan
It can be imagined that the 35.4 billion yuan is the hard-earned money of many people. , digital currency will develop very fast in the future and the world. It can be said that digital currency can make you rich overnight, and digital currency can also make you have nothing. Success is a day, and failure is a day, so you want to know the little partner of digital currency, We must understand the real meaning and function of digital currency. At present, according to the development of our country, it is obviously too late to take over bitcoin{ RRRRR}Bitcoin has plummeted by nearly 20%. It can be said that the prices of virtual currencies are falling rapidly overnight. Not only bitcoin, but also dogcoin Ethereum are falling rapidly, because there are more and more virtual currencies. And so on burst positions, the bulk traders continue to withdraw from the outside{ RRRRR}
according to the information released in the global market, governments of all countries have introced some new policies to strengthen the management of these virtual currencies and cryptocurrencies, which is not good news. Because strengthening management means monitoring these virtual currencies more and more strictly, we can't fluctuate, go up, go down or buy them at will like before, which may cause the price to fall rapidly