Bitcoin price limit and market price

1. Because bitcoin is a decentralized currency, unlike traditional currencies, which have central regulators, its price is completely determined by the market. Bitcoin is an investment proct in many countries. It's more similar to stocks. It's normal to go up and down. On the currency, its price fluctuates constantly. Now it's only worth $6500.

2.

Bit / S is the unit of information transmission rate. Symbol transmission rate is also called molation rate, waveform rate or symbol rate. A symbol does not necessarily correspond to a bit

symbol:

in digital communication, symbols with the same time interval are often used to represent a binary number. The signal in such time interval is called binary symbol, and this interval is called symbol length

symbol

is a sinusoidal carrier [its length is the symbol length] used to represent a certain phase or amplitude value of a digital code type [different bits correspond to different keying molation modes]

symbol rate is the conversion rate of carrier signal parameters (such as phase), which is actually the change rate of carrier state. The higher the symbol rate is, the higher the transmission rate of the response is. However, the higher the spectrum component in the signal is, the wider the bandwidth is occupied

baud rate

is the molation rate or symbol rate, which refers to the baud number per unit time after the signal is molated, that is, the number of carrier parameter changes (phase or amplitude) per unit time. It is a measure of signal transmission rate, usually in "baud per second" (BPS)

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released

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 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

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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 the relevant authorities 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

3. The essence of keystone is the encrypted private key. Since there is no consensus about the bitcoin keystone in the bitcoin community, imtoken does not have the function of exporting keystone. However, the user's private key stored in the local area of the mobile phone is encrypted, so it is also stored in the form of keysore, but this keysore can only be compatible with imtoken procts, so we still recommend that the user back up the mnemonics or private key when using BTC wallet.

4. Bitcoin was about $3800 a year ago, and now it's between $38000 and $41000.

5. The price limit Commission of okex specifies the highest price users are willing to buy or the lowest price they are willing to sell. After the user sets the price limit, the market will give priority to the transaction at a price favorable to the direction.

6. In short, the price limit is a list; Market price order is the current price, that is, the order; A price limit order is a purchase order that can be entrusted at a specified price. When it comes to the order point, it will be automatically closed.

7. 58c & RLM; O‏ I‏ N‏ Take the stock exchange as an example; B‏ T‏ C‏ U‏ S‏ D‏ T‏ The latest transaction price is $12000. If you want to buy at a cheaper price of $11900, you need to set a limit price of $11900. When the price falls to less than or equal to $11900, you will automatically buy; On the contrary, if the market price is $12000 and you set a limit price of $12100 to buy, then according to the "buy low" principle, the system will immediately trade at the market price of $12000. Because the $12000 price limit is more "beneficial" to users than the $12100 price limit.

8. No one can say that the ecosystem of bitcoin is still very fragile, but the financing scale of bitcoin start-ups is constantly expanding. The development of bitcoin application scenarios will be accelerated with the development of large capital. Although the price of bitcoin was terrible in the past year, it was a harvest year for the application of bitcoin. In 2015, it is expected that there will be a big wave of market. The reason is that the financing of bitcoin start-ups will continue to expand. The funds raised last year will play a role in a few years, and there will be more bitcoin application scenarios, but some policy factors are not excluded. You can go to bitcoin house to see the outlook of some tycoons for bitcoin in 2015

here is a brief introction to the value and price of bitcoin:

why is bitcoin valuable
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
what determines the price of bitcoin
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.

9.

Bus route: no.t19 → no.t60, the whole journey is about 14.6km

1. Walk about 270m from Baxian Shifang to people's Hospital Station

2. Take no.t19, pass by 2 stops, and reach Nankou station of central square (or take no.t16 or no.t22)

3. Walk about 340m to Zhongxin Square Station

4. Take no.t60, pass by 19 stops, and reach Zhuzhou west station

5. Walk about 570m, To Zhuzhou west station

bus line: no.t60, the whole journey is about 14.3km

1, walk about 1.4km from Baxian Shifang to Central Square Station

2, take no.t60, pass 19 stops, reach Zhuzhou west station

3, walk about 570m to Zhuzhou west station