Bitcoin plummeted to zero

1. Maybe you don't have relevant professional knowledge, so I'll try to explain it in vernacular
BT currency is a kind of virtual currency proposed by a Japanese in 2008 and officially issued in 2009
BT coin is like a gold mountain with a total amount of 21 million gold coins (the upper limit of the total amount is designed to be 21 million). To get it, players need to use the computing power of the computer to calculate a group of numbers according to the designer's algorithm, just like everyone working together or calculating a mathematical problem separately, each group of numbers can be obtained, Then you will get a BT coin, and the world can only proce 25 at most every 10 minutes. This calculation process is vividly called mining

of course, these mathematical problems are becoming more and more difficult. From 2009 to now, the output of BT coins is about 10.4 million. The more the quantity on hand, the more difficult the output will be. bitcoin is scarce. The upper limit of issuance (21 million) has been set. The difficulty of obtaining bitcoin increases geometrically. It is estimated that it will take hundreds of years to complete
it's ridiculous to say that it's an international QB. It's all virtual currencies, but the security and versatility of BT currency are incomparable to QB. TX is closed, QB is finished. But if BT currency is to collapse, it will not be possible unless there is a global power outage or the global Internet is paralyzed
with regard to the use of BT currency, the world has begun to accept the use of BT currency. Germany first recognized the legality of BT currency, and China also has a trading website BTChina, which can directly exchange BT currency into various current currencies of most countries, including RMB. In China, there are many sellers who accept BT coin on Taobao, and there are also many stores and supermarkets that begin to accept BT coin in Beijing, Shanghai and other large and medium-sized cities
just now, the BTC / RMB exchange rate in this second is 1 / 4888.03, which is still very valuable, but mining needs a lot of investment in advance. A professional mining machine (professional configuration for BT coin computer) is about 40000, 60 such machines work 24 hours, the output can be about 50. In addition to the astonishing power consumption and custody costs, the cost will be recovered in about a month. If you want to make money by mining your ordinary computer, it's a fable. If the owner has no capital investment, it is suggested to give up. The standard configuration of 5000 computers on the market, 48 hours of work also only dig out 0.001 BT coin... Thanks to grandma's house, the main reason is that there is capital investment in the building, so we have to hurry up. At present, it is estimated that the proction and income can still be profitable for 3 or 4 years at most. After this time, mining will not be able to make ends meet.

2.

Ore grade order: copper ore tin ore iron ore lead ore silver ore Wujin ore gold ore platinum ore magic gold ore blood gold ore meteorite rock cobalt blue ore palladium gold ore mitag ore mountain copper ore (Austria steel) - fine gold ore titanium gold ore chlorophyll ore

players can change the prefix (rarity) of the equipment by recasting it at goblin craftsmen, and the attribute color of the equipment will also change. From ordinary to artifact, the equipment grades are: gray, white, blue, green, orange, red, magenta, purple, light green, yellow and cyan

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extended materials:

item synthesis

many of the best props in the game are not proced by underground treasure chest or boss, and many things need players to synthesize with specific materials in specific places

for example, in the game, the synthesis of weapon Tara blade requires players to synthesize eternal night blade at the devil altar with four weapons of bloody butcher / light expelling, lava giant sword, demon saber Murakami and straw shaving, and then synthesize true eternal night blade with eternal night blade and hero's broken sword that kills specific monsters ring solar eclipse

3. Bit operation instruction, 8086 a new set of instructions, including bit test, bit scan. BT, BTC, BTR, BTS, BSF, bsrbts (bit test and set), the usage and rules of test collocation are the same as BT, but the functions are different. It not only sends the value of the bit to be tested to CF, but also sets the bit to 1.

4. Any new technology will inevitably face doubts and bubbles, and block chains are no exception. We should embrace change and avoid bubbles to maximize value.
let me give you an example. You may understand how many cycling enterprises have been born in the vent of bike sharing? Now, with the tuyere fading, there are only a few left. And even the head of the enterprise is not easy
1. is sure to generate bubbles. Br />2. foam growth. < After the br />3. bubble burst, it can not be questioned that new technology is useless.
(bike sharing has greatly changed travel)
4. Panic will lead to extremely low prices, and then it will be profitable
5. The survival rate is very low, except that the head can live, others almost die
(bitcoin - 85% +, Shanzhai Coin - 95 ~ 99% and even death)

bitcoin has been questioned countless times, or it has survived, and is still constantly reaching new heights, so there is no value to speak of
from the perspective of blockchain, bitcoin is also similar to gold and silver as a part of assets< I ask why gold, silver and diamonds are valuable? In essence, it's just a stone
because everyone recognizes it, it has value
What do you think of the centralization of money and paper money? By the way, the soft currency continues to depreciate
I remember that I knew about bitcoin in 2013, only after it plummeted
at that time, I was very disdainful. What's the value of this thing except to hype the capital market Now many little friends think the same way)

and then they came to the beginning of April 17
it's soaring again attracted my attention, and it kept rising until 20000 soft coins
I was shocked and didn't understand
however, with the growth of knowledge (graation from University), I think there must be some rationality in the existence of this thing
in philosophy, "being is reason"
moreover, its soaring price must have its unique features. We can't judge new things with our present eyes, otherwise we will suffer a great loss
this is also in philosophy, "new things will inevitably eliminate old things, this is e to the advanced nature of new things"

and read a lot of books, and also think a lot after.
I'm almost sure blockchain will change the world
therefore, we must embrace change instead of sticking to self-esteem

the application of blockchain has been written in "illustrated blockchain", covering all aspects of life
source: Zhihu

5. First of all, bitcoin is a decentralized monetary system. For example, both RMB and US dollars are issued by banks, but bitcoin is similar to treasure in a treasure hunt. Everyone has the opportunity to "issue" bitcoin himself
in fact, the essence of special currency is a lot of special solutions generated by a lot of complex algorithms. The system will choose a correct answer every ten minutes. Whoever can find the correct answer in the first ten minutes will get a reward. The upper limit of bitcoin is 21 million. When bitcoin was born in 2009, each reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the bounty will be halved to 25. When the total amount reaches 15.75 million (5.25 million new output, or 50% of 1050), the bounty will be further halved to 12.5, and so on. Therefore, bitcoin circulating in this mode can not be recovered to zero, because everyone is the issuer of bitcoin. Unless everyone clears their account number and no longer digs, bitcoin will always be active
(I wrote a short paragraph in the middle, which was easy to understand on the Internet, so I copied it.)

6. If it is a wallet account, there are the following situations:
1. The private key of your wallet is leaked and the coin is transferred
2. The money in your wallet is counterfeit money, and the price has dropped to zero
3. Being stolen by the platform and taken away
if it is an exchange account, there are the following situations:
1. When futures or leverage burst, the token and margin all return to zero
2. Hackers steal money and break the exchange code
3
4
the specific situation depends on which type of account your account belongs to, and then check which one is more likely to happen, and then find a solution. Generally speaking, this kind of loss is very difficult to recover, probably the rate is to bear, there is no relevant legal provisions.

7.

On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece

for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money

affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%

extended data

experts said that the slump is a normal phenomenon:

"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks

according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23

William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "

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9.

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

10. First of all, bitcoin is a decentralized monetary system. For example, both RMB and US dollars are issued by banks, but bitcoin is similar to treasure in a treasure hunt. Everyone has the opportunity to "issue" bitcoin himself
in fact, the essence of special currency is a lot of special solutions generated by a lot of complex algorithms. The system will choose a correct answer every ten minutes. Whoever can find the correct answer in the first ten minutes will get a reward. The upper limit of bitcoin is 21 million. When bitcoin was born in 2009, each reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the bounty will be halved to 25. When the total amount reaches 15.75 million (5.25 million new output, or 50% of 1050), the bounty will be further halved to 12.5, and so on. Therefore, bitcoin circulating in this mode can not be recovered to zero, because everyone is the issuer of bitcoin. Unless everyone clears their account number and no longer digs, bitcoin will always be active.