Bitcoin stops cashing on October 30
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. 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. Investment is risky, so we should be cautious when entering the market
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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On October 10, bitcoin China, one of the three major bitcoin exchanges in China, announced on its official wechat account that it would stop the cash withdrawal business at 12:00 noon on October 30, Beijing time, and ask users to reflect it as soon as possible
bitcoin China has previously turned off the digital assets and RMB recharge function at 12:00 noon on September 27, and turned off all trading functions at 12:00 noon on September 30. The other two big bitcoin exchanges in China, Huo coin.com and okcoin.com, which are headquartered in Beijing, will stop trading all digital assets into RMB before October 31, and the work of clearing their funds and assets is also in progress
10, bitcoin China issued a notice on its WeChat official account. It said that in order to implement the spirit of the September 4th announcement of the seven ministries and commissions issued by the Chinese people's Bank of China on the prevention of the financing risks of Dai Ying issued, it will actively respond to state regulation and will stop the cash business at 12:00 noon in October 30th this year. p>
in addition, bitcoin China said that bitcoin China's mining pool (national pool) and other businesses will not be affected by this and will continue to operate normally
in addition to bitcoin China, the other two big bitcoin exchanges in China, Huo coin.com and okcoin.com, will stop trading all digital assets against RMB before October 31, and the work of clearing their funds and assets is also in progress
In fact, it is not a bad thing to take preventive measureson September 14, bitcoin China, a large domestic bitcoin trading platform, announced that it would stop all trading businesses of the digital asset trading platform, but it would not affect customers' withdrawal of bitcoin
bitcoin China is the first and largest bitcoin trading platform in China. It is operated by Shanghai satuxi Network Co., Ltd. and was established on June 9, 2011. The team members are mainly from China, Silicon Valley and Europe. On March 12, 2014, bitcoin China officially launched the lightcoin transaction, and the cumulative transaction volume of lightcoin exceeded 30 million yuan
in addition, bitcoin is essentially a piece of computer code, which is generated by bitcoin software system on P2P network; Today, its price is getting higher and higher. It can only be said that people have a high acceptance of it
as we all know, the main function of money is to act as the intermediary of transaction; According to coin packet, as bitcoin, it can be said that it is the comprehensive proct of the current network technology and social and economic development to a certain stage; It is people's general acceptance of it that makes it part of the function of currency. When a new currency appears one day, people will be interested in it, and bitcoin will pay less and less attention. Maybe bitcoin will leave
therefore, it is wise to invest rationally.
in addition, bitcoin is essentially a piece of computer code, which is generated by bitcoin software system on P2P network; Today, its price is getting higher and higher. It can only be said that people have a high acceptance of it
as we all know, the main function of money is to act as the intermediary of transaction; According to coin packet, as bitcoin, it can be said that it is the comprehensive proct of the current network technology and social and economic development to a certain stage; It is people's general acceptance of it that makes it part of the function of currency. When a new currency appears one day, people will be interested in it, and bitcoin will pay less and less attention. Maybe bitcoin will leave
therefore, it is wise to invest rationally
personally, I think bitcoin is a huge worldwide fraud. Figuratively speaking, bitcoin is a pyramid scheme in which old people cheat new people. Unless you can cheat people with cash again, don't play it. In general, if you don't have enough confidence in yourself, you'd better not touch it.