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Bitcoin wheel pattern

Publish: 2021-05-06 04:01:14
1. The abbreviation of bitcoin is BTC, and the symbol is "&3647;", The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009
unlike all currencies, bitcoin is not issued by a specific monetary institution. It is generated by calculation 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
the total number of bitcoins is limited
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2. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. 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 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

warm tips:
1. The above explanations are for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious
response time: February 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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3. The blue, white, yellow and purple lines in bitcoin represent the moving average of different periods, representing the trend direction or shock.
4.

37233;

5. Bitcoin is a virtual currency on the Internet and has no entity. The people's Bank of China does not recognize its currency status
6. At noon on April 2, bitcoin prices suddenly changed. From 12:00 to 1:00, the bit price rose sharply in the first round, from about $4100 to about $4700, an increase of more than 10%.
7.

I think that the reason behind the sharp rise and fall of bitcoin is that funds are playing games and harvesting funds

bitcoin belongs to the ancestor of blockchain. At present, this concept is still in the research stage and has not been applied . Today, financial giants hold the most bits in the market, so they can easily control the price of bitcoin. From the end of 17, it soared to more than US $20000, and then began a round of sharp decline. Many bitcoin speculators entered the market after the sharp rise and were easily reaped by the big crocodiles

bitcoin is the earliest successful example of blockchain application. From the beginning, it was not worth money to now, it is more than 60000 US dollars. Unlike currency, which can reflect the economic situation of a country, bitcoin itself does not reflect the specific economic situation. Its value reflects the recognition of the market. If it is recognized, the price will be high. If it is not recognized, the price will be low. In the world, some countries admit that they can use it to buy things, while more countries do not

Of course, for such a high price, it also attracts global capital to play games. Therefore, today's market is even more exciting than roller coaster, and fluctuates fast and big

investment is risky and must be cautious

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