What is the value of a bitcoin
Publish: 2021-05-11 18:32:29
1. 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. On January 8, 2021, the price of bitcoin exceeded $40000
warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, 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
the above explanation is for reference only. 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
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: January 12, 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
warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, 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
the above explanation is for reference only. 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
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: January 12, 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.
the price of bitcoin is always floating, so the price of bitcoin for RMB is always changing. From the beginning, a few years ago, when bitcoin was converted into RMB, it was only one to several, and finally it graally developed to one to more than ten, and then to one to dozens. At this time, it has been very shocking, and many people think it is a very strange phenomenon, As a virtual currency, although many people don't know what its main function is, most people think it's a bit similar to stocks, so they made a series of investments in bitcoin. Until January 2020, the value of bitcoin has grown crazily, rising to nearly 1:47000 this growth rate has exceeded most excellent stocks. Many people are shocked and often want to understand why this phenomenon occurs. In fact, my analysis is mainly caused by the following reasons:
3 Of course, one of the main reasons why the price of bitcoin has risen so fast is also related to the psychology of chasing up and killing down. For example, when many stocks have been rising, more people will buy them, but when they are falling, many people withdraw because of fear. So far, bitcoin's rise is still very large, Therefore, some people think it has investment value, so they have been buying it
3. In essence, bitcoin is just a piece of computer software. For most people, it's just a pile of code that they can't understand. It's almost impossible to see its value
the most familiar and easy to understand is Bill Gates and his Microsoft Windows operating system. Windows has entered into thousands of households and instries. People have improved proctivity and created great value through this computer program. As a result, Microsoft even once became the company with the highest market value in the world
What about bitcoin, also a software with high "value"“ In fact, many people want to know what kind of value bitcoin brings to people and things, thus supporting the consensus on bitcoin and steadily boosting its market value to more than 1 trillion< Miners and other participants in mining ecology
to put it simply, bitcoin mining machine is a machine that keeps making profits for miners. It can lay eggs like a chicken and proce value, and even go to the road of ten billion rich. This is the value of bitcoin for miners, mining airport operators, mining pools (service providers) and other people who participate in the upstream and downstream of mining ecology. Miners are the most important participants for bitcoin, and for miners, the miner that can proce bitcoin is a "hen" that can lay golden eggs. Although the journey of mining is not as simple as expected, and it's really a bit like opening a "chicken farm", which needs to provide all kinds of suitable environment, maintenance and "food" (energy) transportation to successfully proce "golden eggs" for profit, the miners are attracted by the benefit distribution mechanism of bitcoin, and new miners are constantly joining in
2. User
the full name of bitcoin system is a peer-to-peer e-cash system, so for users, it can be used to initiate transfer transactions. So why use it to transfer money? To put it bluntly, it means saving time, effort and money. Bitcoin does not need to transit through banks, third-party payment companies and so on to reach the other party's account directly, which eliminates the processing time, operation manpower and fees of third-party institutions. The fees collected by banks and other financial institutions through financial services can show how huge the fees are. In fact, many people don't understand the concept of the third-party guarantee agency very well. Most of the time, we transfer money for free, because in the credit society, small amount transfer is completed through the credit line between different financial institutions, which is not a real transfer
3. Savers and speculators
because bitcoin has value in use, and has many high-quality characteristics, especially like gold, and some of its characteristics are better than gold. It also has the function of "partial" risk aversion and value saving like gold, so it is graally regarded as gold, an international hard currency, and began to be hoarded by many people
4. People in poor and backward or "turbulent" areas
e to the low transfer cost and short time required by bitcoin. In many poor and backward countries, there is no need to build expensive network infrastructure to transfer money through encrypted network. Bitcoin's infrastructure is built by miners all over the world, which does not need the burden of poor countries' governments. There is no intermediate cost for payment and payment of salaries, which can save a lot of money< There are many such corners in the world, which are remote but rich in mineral resources or natural resources such as water conservancy and wind power. For example, there are many coal mines in some areas, but e to the high transportation cost, they can not be transported out. At the same time, e to the lack of people, the power generated by thermal power, hydropower stations and wind farms built in these areas is very surplus, and the economy of these areas is often relatively backward. At this time, they need and welcome miners to settle in. Miners not only bring a lot of jobs, but also convert the local surplus energy into power resources, and then generate a lot of income through bitcoin mining. This is actually equivalent to storing the energy value that might have been surplus and wasted through bitcoin network, and then paying the local government and people through electricity charges, Drive the local economy<
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
the most familiar and easy to understand is Bill Gates and his Microsoft Windows operating system. Windows has entered into thousands of households and instries. People have improved proctivity and created great value through this computer program. As a result, Microsoft even once became the company with the highest market value in the world
What about bitcoin, also a software with high "value"“ In fact, many people want to know what kind of value bitcoin brings to people and things, thus supporting the consensus on bitcoin and steadily boosting its market value to more than 1 trillion< Miners and other participants in mining ecology
to put it simply, bitcoin mining machine is a machine that keeps making profits for miners. It can lay eggs like a chicken and proce value, and even go to the road of ten billion rich. This is the value of bitcoin for miners, mining airport operators, mining pools (service providers) and other people who participate in the upstream and downstream of mining ecology. Miners are the most important participants for bitcoin, and for miners, the miner that can proce bitcoin is a "hen" that can lay golden eggs. Although the journey of mining is not as simple as expected, and it's really a bit like opening a "chicken farm", which needs to provide all kinds of suitable environment, maintenance and "food" (energy) transportation to successfully proce "golden eggs" for profit, the miners are attracted by the benefit distribution mechanism of bitcoin, and new miners are constantly joining in
2. User
the full name of bitcoin system is a peer-to-peer e-cash system, so for users, it can be used to initiate transfer transactions. So why use it to transfer money? To put it bluntly, it means saving time, effort and money. Bitcoin does not need to transit through banks, third-party payment companies and so on to reach the other party's account directly, which eliminates the processing time, operation manpower and fees of third-party institutions. The fees collected by banks and other financial institutions through financial services can show how huge the fees are. In fact, many people don't understand the concept of the third-party guarantee agency very well. Most of the time, we transfer money for free, because in the credit society, small amount transfer is completed through the credit line between different financial institutions, which is not a real transfer
3. Savers and speculators
because bitcoin has value in use, and has many high-quality characteristics, especially like gold, and some of its characteristics are better than gold. It also has the function of "partial" risk aversion and value saving like gold, so it is graally regarded as gold, an international hard currency, and began to be hoarded by many people
4. People in poor and backward or "turbulent" areas
e to the low transfer cost and short time required by bitcoin. In many poor and backward countries, there is no need to build expensive network infrastructure to transfer money through encrypted network. Bitcoin's infrastructure is built by miners all over the world, which does not need the burden of poor countries' governments. There is no intermediate cost for payment and payment of salaries, which can save a lot of money< There are many such corners in the world, which are remote but rich in mineral resources or natural resources such as water conservancy and wind power. For example, there are many coal mines in some areas, but e to the high transportation cost, they can not be transported out. At the same time, e to the lack of people, the power generated by thermal power, hydropower stations and wind farms built in these areas is very surplus, and the economy of these areas is often relatively backward. At this time, they need and welcome miners to settle in. Miners not only bring a lot of jobs, but also convert the local surplus energy into power resources, and then generate a lot of income through bitcoin mining. This is actually equivalent to storing the energy value that might have been surplus and wasted through bitcoin network, and then paying the local government and people through electricity charges, Drive the local economy<
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
4. Because bitcoin is a decentralized asset, trading between hundreds of exchanges and countless indivials around the world, there is actually no unified price. Each exchange has its own bitcoin price, although these prices are usually very similar. Later in this guide, we'll discuss why all of these different prices are roughly synchronized.
5. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency
6. Tianlong spirit, set three functions in one, automatic planting, automatic play strange, automatic business. Fully adapt to any window, use the process can be moved to adjust the size of the window
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see
auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see
auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)
7. Four thousand dollars
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