Bitcoin catches many people
the bitcoin market is an extremely crazy market. Some people have become billionaires overnight, while others have been cut leeks. The ups and downs, joys and sorrows of the world are incisively and vividly interpreted anyone who knows about the bitcoin market should know that before, the value of bitcoin was only 1000 yuan, but it rose to 17000 yuan in 2017. With such an appreciation rate, the profits matched with it are also amazing. Bitcoin appeared in 2009. At that time, the value of bitcoin was only US $0.1. Looking at the price in 2017, there is a big difference between the two. If someone had a lot of bitcoin when it first came out, he would be one of the richest now
When the engineer became a billionaire, he began to travel around the world. In fact, he has long had the idea of traveling around the world, but e to economic reasons, it has not been realized. Now, the engineer can live freely and realize his dream of traveling around the world. In an interview with reporters, the engineer also said, although his original job is very good and can provide him with stable income, he has always dreamed of the global world and visiting friends from various countries. Now, he is living the life he wants, and by selling bitcoin, he has got hundreds of millions of assets, which is enough for him to spend his whole life1) two American brothers, Cameron Winklevoss and Tyler Winklevoss, claim to hold about 1% of bitcoin in the world? Now the total amount of bitcoin in the world is about 12 million BTC, that is to say, these two brothers hold about 120000 bitcoins. Maybe you don't think these are too valuable, but note that the starting price of bitcoin for these two people is below $10 / BTC. At the current market price of $430 / BTC, the yield is...... (2) Li Xiaolai claims that he is the first person in China to hold bitcoin, holding six digit bitcoin (no video link found.)
3) after the founder of the silk road was arrested, his 140000 bitcoin was seized by the FBI [2]
therefore, the people who have the most bitcoin should hold more than 1% of the world's total. This can be seen from the daily BTC holdings list
more systematic research comes from academia. The Israeli mathematician ADI Shamir (if the name is unfamiliar, he is the s in RSA algorithm) published a paper "quantitative analysis of the full bitcoin
transaction graph" in 2012, which analyzed the transaction records of the first 18000 blocks in the special currency system (as of May 13, 2012), This paper studies some interesting problems in bitcoin market
in their analysis results, at the end of the first 18000 blocks of chain, the entities with the most bitcoin holdings range from 200000 to 400000 BTC (the article does not give specific figures), and only one entity with more than 200000 bitcoin holdings. In history, the largest amount of money held was more than 500000 BTC, with two entities
note that "entity" is used instead of "person". In the analysis method of this paper, bitcoin wallets that may belong to the same owner are classified as the same entity. This entity may not only be a person, but also be a trading organization such as Mt. GOx
in addition, by analyzing the table of the most active entities given in the article, the income of the people with the most income (excluding expenses) is below 700000 BTC. In other words, the person who owns the most bitcoin will not hold more than 700000 BTC
It's not against the law
The laws and administrative regulations in China do not prohibit the proction, holding and legal circulation of bitcoin, nor do they prohibit the sale of bitcoin mining machines2. The investment and transaction of "virtual currency" represented by bitcoin are on the rise. For this kind of virtual goods generated in the Internet environment after the development of Internet technology, there are policy and commercial risks in related transactions. However, under the premise of not violating the mandatory provisions of laws and administrative regulations, the contract signed by the parties is a valid contract
3. Bitcoin is generated by "miner" and "mining", and "miner" can be assumed by anyone in any place in the world. "Mining" is a process in which "miner" provides certain computer computing power according to the open source software provided by the designer, and obtains the special solution of the equation through complex mathematical operations, The miner who gets the special solution gets a certain amount of bitcoin reward
Because bitcoin is based on workload proof, it is related to computing power. To have computing power, we need to consume power, so its power consumption is very large. It is precisely because of such a large power consumption that the safe and stable operation of bitcoin system can be guaranteed 
extended information:
according to the data of btc.com website, up to now, the computing power of the whole bitcoin network is about 51.65 eh / s, which is equivalent to 1.84 million bitcoin S15 (28T computing power, 1596w power) mining machines in operation, and the daily power consumption is about 69.92 million kwh. Divided by the current proction of 1800 bitcoins per day, excluding other costs, each bitcoin will consume 38800 kwh of electricity. "
from this point of view, although the current price of bitcoin is expensive, the cryptocurrency market website coinmarketcap.com shows that the current unit price is about $7900, but the cost of mining a bitcoin is not low at all
in the bottleneck period of world economic development, Xiaomei consumes the world's wool with its biggest scam
don't participate, don't listen, set up the national force to prohibit it, don't participate in the construction of any digital asset transactions, and don't be the eternal sinner of the motherland
blockchain technology is a waste of resources, not in line with the development of intensive economy! Simple things are complicated, and small resource consumption becomes multi resource consumption
data storage doesn't need money, and servers don't need money. And who can guarantee that the server data will not be lost. Natural and man-made disasters, natural strain. Does it make sense to play the virtual game of wasting the resources of the real economy? After all, there are so many people who don't have enough to eat!!!
No one wants to catch the inventor of bitcoin, Nakamoto Tsung. He doesn't break the law, but his identity has always been a mystery. No one has seen him, so I'm curious about who can invent bitcoin
Bitcoin was born in 2009 and is the largest virtual cryptocurrency in the world. The real identity of the inventor of bitcoin, whose pseudonym is Satoshi Nakamoto, has always been a mysteryIn the past 24 hours, more than 110000 people in bitcoin have burst their positions, and 5.8 billion funds have been swallowed. In fact, I think the team is cutting leeks. In fact, the decline of bitcoin can be met in advance, and nothing can prosper all the time, So for most people, they still need to maintain a rational attitude to buy some funds or stocks and bonds. If it becomes a state of large-scale loss, then their money will be tied up, which is certainly not very good for them. Our attitude towards bitcoin is that it will not decline, it will only rise, So most people may not consider this situation and put all their money into it, but in such a situation, if the institutions withdraw their funds, they will inevitably face a lot of capital losses of retail investors
however, in the face of such a situation, we must understand that not all such things can have an answer, such as this kind of irregular things. As an ordinary investor, if we want to buy opportunistically, we may have to bear a greater risk, but in the face of the relative institutional investment, They may take less risk, because the risk they need to take is actually created by them. For most institutions, if they want to go up in the last stock, the probability of the stock's rise may be much greater than the probability of its decline. As for bitcoin, more than 110000 people burst their positions in the past 24 hours and 5.8 billion funds were swallowed, losing money in succession, in fact, I think the team is cutting leeks
The reason why the price of bitcoin is very uncertain and there are so many people investing in it is closely related to the monetary nature of bitcoin itself{ RRRRR}
and for bitcoin, its entire trading process is very convenient. For most bitcoin investors, they can operate through a variety of trading methods. Moreover, for the current bitcoin, its price fluctuation is very large, if there is a big drop, So for new investors, they will seize this opportunity to buy more bitcoin, so for them, they also hope to earn more profits in this way
because the official of ripple
labs doesn't care about the price of ripple, and doesn't want people to make the price of ripple rise greatly in the short term through hype, but hopes that people can slowly accept ripple by understanding the ripple agreement, so the price fluctuation of ripple may be smaller than other virtual currencies, But in the long run, its price will graally show up with the development of ripple agreement, but any investment is risky. We suggest that we invest rationally and make a reasonable judgment on its value.