In 2014, I spent 700 yuan on bitcoin

1.

bitcoin is just a game. If it is promoted as a tool to get rich, it can be regarded as a fraud. Just like the currency in other online games, the only difference is that bitcoin has been standardized since the game was first formulated. It can't be issued indiscriminately, so it can keep its value better than other virtual game props. It is equivalent to the online collection. Bitcoin is a prop in the game, and its value is reflected in the recognition of bitcoin by players: more people play, the value of props in the game is higher; The risk is that he is not the only game, and his algorithm is not the only one. Maybe someone will be able to make other special coins soon. All you need to do is promote the game and sell your props. As for money, bitcoin does not have the basic attributes of money, such as unfair initial distribution and insecure circulation. Money needs to be maintained by the state machine

< H2 > 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 to issue. It is generated by a large number of calculations based on specific algorithms. 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

1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals

2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency

3. On May 12, 2017, a global outbreak of bitcoin virus madly attacked public and commercial systems! Nearly 74 countries in the world have been seriously attacked

4. From August 1, 2017, global bitcoin trading platform will suspend recharge and withdrawal services. Bitcoin China digital asset trading platform will stop new user registration on September 14, and all trading businesses will be stopped on September 30

< H2 > reference materials:

network bitcoin

2. Bitcoin used to be synonymous with overnight wealth. In 2017, bitcoin had a record high price, with the highest value of about $20000
according to the data of coindesk digital currency trading platform, the price of bitcoin once fell below US $6000 in 18 years, which has dropped by 70% compared with the highest value of US $20000 in 2017

"the price movements we are seeing now may seem drastic, but they are quite normal for this market." Etiro's senior market analyst, MATI Greenspan, wrote in an email to CNBC

with the decline of bitcoin, most digital currencies are affected, and other digital currencies are not much better. Most digital currencies are down by more than 10%. But in the long run, the future of digital currency is worth looking forward to.

3. If you bought bitcoin in 2014 and did not transfer it out of the platform after purchase, then the coin you bought is still on your platform account. But look at how much it's down and up.

4.

It is mentioned in the ancient poem that in the rough years, the officials were rich in buying millet, and the coins were flexible. In ancient China, there were many ways to express coins, such as shells, nickel coins, copper coins and so on. In modern life, money also has a variety of forms. For example, people can use coins to take the bus or use virtual money. Bitcoin is one of them, and bitcoin is not real money, but virtual money

After that, Li Xiaolai quit his job as an English teacher and started an investment company with a value of 67 billion yuan. He also opened many courses on Internet investment for you to learn. Many people call him "the richest man in bitcoin in China". However, he may be one of the people with the most bitcoin in the world, It can only be said that Li Xiaolai's eyes are really poisonous. What do you think of this

5. At the end of May, bitcoin hit a new high this year after a sustained surge. It began to reverse on May 25 and 26, with a sharp drop of $900, or more than 30%; China's bitcoin price also fell back to about 14000 yuan, and fluctuated around 14700 yuan today. Interestingly, the reporter noticed that the exchange rate of RMB away from the onshore market is rising

6. Is 5000 yuan RMB can buy how much bitcoin, don't know ask me, see my name

7.

Some time ago, a famous person also made some comments on bitcoin. He recorded such a thing in his micro blog: "I, an old friend of Peking University, bought 20000 bitcoins with one of his classmates a few years ago at a price of a few cents. At that time, they designed a complex password to prevent each other from buying and selling alone, Two people each record half, only two people enter the password together can log in. As a result, his classmate died in a car accident when he was traveling abroad last year. Today, bitcoin is up to $19340. He started his business again at the age of half a hundred. "

< H2 > widespread concern whether it is bitcoin, bitcoin, bitcoin or other "cryptocurrencies", the prosperity of 2017 has been widely concerned. Some people look good, others look bad. At a deeper level, the main reason is the polarization of the intrinsic value of bitcoin and other "virtual currencies". If we affirm the value of "virtual currency", we will be more tolerant in supervision and investors will be more enthusiastic

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if we think that "virtual currency" has no real value, we will be inclined to strict supervision in terms of supervision, and investors will scoff at it

8. I haven't heard of the scam you said, but you can reflect the situation to me. Maybe I can help. I am a person in the coin circle. Bitcoin is only a small-scale large-scale experiment of socialization. Whether it can succeed in the future still needs to be tested by practice. Bitcoin is not a scam, but there are many cases of pyramid schemes under the guise of bitcoin. Bitcoin home has reported the spark entertainment bitcoin scam

bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.