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Can ordinary people buy and sell bitcoin

Publish: 2021-05-05 18:57:16
1. 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. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. 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

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
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
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: February 5, 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" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. First, buy a mining hoe. Second, learn mining skills. Suzhou, Dali and Luoyang have NPCs for you to learn from. Third, level 30. If you meet these three conditions, you can go mining.... Mining needs energy, consumption is relatively fast
the scenes are
Level 1, Taihu Lake, Wuliang Mountain, Jiange, Jinghu Lake, Dunhuang, Songshan Mountain
Level 2, West Lake
Level 3, Erhai Lake
grade 4: Yannan

grade 5: Longquan

grade 6: Cangshan

grade 7: Yanbei

grade 8: Wuyi

grade 9: Shilin
grade 10: Grassland
other scenes also have grade 9 Zhenwu mine and grade 10 Longxue mine.. At least you can make money by going to Longquan gold mine at level 5, because the gold mine is made of 40 + equipment, and the mine before level 5 is worthless... Sometimes, if you are lucky, you can get dragon balls. There are seven colors. The more you add one at the back, the more expensive it is. That is, red dragon balls are the cheapest. Purple dragon ball is the most expensive. Sometimes when you have finished mining, there is a white box with magical dragon bones inside. You can use fragments of dragon bones to replace baby dragon babies... Tianshan sect can hide and mine, which is invisible to ordinary people
3. When ordinary people trade bitcoin, the primary consideration is to ensure security. It is recommended to trade on reliable platforms. In China, we recommend okex, which is the largest platform for bitcoin trading in China.
4.

Ordinary people can't buy bitcoin because China has banned it completely

on September 4, 2017, the central bank, together with many ministries and commissions, issued the announcement on preventing the risks of token issuance and financing (hereinafter referred to as the announcement), which pointed out that no organization or indivial may illegally engage in token issuance and financing activities

according to the announcement, all kinds of token issuance and financing activities should be stopped immediately from the date of release. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

on September 13, 2017, the China Internet Finance Association issued the "tips on preventing the risks of bitcoin and other so-called" virtual currency ", pointing out that bitcoin trading platform is a tool for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal criminal activities e to the expanding number of stakeholders and strong speculative atmosphere; There is no legal basis for the establishment of various so-called "currency" trading platforms in China

extended information:

bitcoin itself lacks precious metal support and has no value preservation. Moreover, it is virtual and lacks physical existence. If the trust of the issuer goes bankrupt or is stopped, bitcoin will be worthless

the worry is not just about asset security. Due to the "fast money", a large number of "hot money" may flow in. If the regulatory and control measures fail to keep up, the risk will eventually need to be paid at a high cost, and even lead to financial turmoil

What's more terrible is that when bitcoin becomes a pure "money transfer" tool, its original characteristics of financial innovation will graally disappear, on the contrary, it will become a "gold hole", thus squeezing investment in the real economy, which is obviously contrary to the principle of financial innovation to serve the real economy

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