Can bitcoin circulate now

1.

Unfortunately, bitcoin is no longer tradable in mainland China. Bitcoin China announced that it will stop all trading business on September 30, 2017

development information:

after bitcoin China and microbit, the bitcoin trading platforms in Shanghai and Shenzhen, respectively announced that they would close their trading business on September 30, 2017, on the evening of September 15, two other large domestic bitcoin trading platforms, Huo coin.com and okcoin.com, headquartered in Beijing, announced that they would suspend their registration from 21:30 on September 15, 2017 RMB recharge business; All users will be informed before September 30 that they are about to stop trading, and the trading business of all digital assets against RMB will be graally stopped before October 31

according to worldcoindex data, since September 1, bitcoin has dropped from $4800 to $3655, a drop of 24%, and its market value has shrunk by nearly $20 billion

in the same period, the decline of ether currency and Wright currency was 37.5% and 31% respectively. Over the past two weeks, Leyte currency has declined by more than 40% on the three major domestic trading platforms

2. Yes, for example, you have a bitcoin in China BTC. If you want to transfer it to bitbao, you can collect it directly through the collection address of bitbao online wallet, and then click transfer out in China BTC's account. Bitcoin is completely free to circulate among major websites without any restrictions.

3. 1. According to the bitcoin mining mechanism, it will eventually be infinitely close to 21 million, but it will never be reached
it can be roughly understood as the relationship between 0.9 (9 infinite cycle) and 1
2. Even if there is only one bitcoin left in the world, it means that there are 1000 0.1 bitcoins and 100000 0.01 bitcoins in the world
let's assume that the function of bitcoin is equivalent to that of gold as a currency anchor (in fact, it also has this function). You will understand that there are 21 million bitcoins in the world and only 0.1 bitcoins in the world are the same. The currency itself or bitcoin

for example, if the number of bitcoin in the world is reced to one tenth, the market price of bitcoin should be 400000 yuan (to understand this needs a certain economic basis)

so whether bitcoin is in circulation or not has nothing to do with the quantity.

4. 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 specific currency institutions. 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 currency 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees

on September 4, 2017, the central bank and other seven ministries and commissions announced that China banned virtual currency trading

on December 17, 2017, bitcoin reached an all-time high of $19850

on November 25, 2018, bitcoin fell below the $4000 mark and is now stable at more than $3000.

in April 2019, bitcoin again stood at the $5000 mark, reaching a new high of the year.

5.

Radar currency is a kind of virtual currency, which does not have the value of real currency and has high risk, so it should not be invested

in 2017, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the risks of token issuance and financing, which clearly pointed out that the token or "virtual currency" used in token issuance and financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and mandatory, and does not have the same legal status as currency, It cannot and should not be used as currency in the market

at the same time, the announcement also pointed out that illegal selling and circulation, raising so-called "virtual currency" from investors, such as bitcoin and Ethernet, is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling token bills, issuing securities, illegal fund-raising, financial fraud, pyramid selling and other illegal criminal activities

extended materials

the value of real currency or something with monetary attribute is guaranteed from two aspects: one is the strong state power guarantee and endorsement, the other is the general public use and irreplaceable. Therefore, virtual currency is obviously not real currency<

after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance

in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities

investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves

6.

https://bter.com/ref/342384

I've been playing for a few years. The price of bitcoin on this website is 16000 today. I suggest you pay attention to risk

7. Bitcoin can still be circulated around the world. Bitcoin exists legally in China. In the bitcoin risk notice issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell it freely at their own risk. Yang's president Zhou Xiaochuan compares bitcoin to a tradable asset like a stamp. Bitcoin is not issued by the central bank and the central bank has no right to ban it. The United States recently defined bitcoin as a commodity, confirming its legitimacy. Of course, different states in the United States have different attitudes towards bitcoin. New York needs to apply for a license to carry out bitcoin related business. Virtual currency is legal in California, but it needs to be registered legally. Fuyuan coin is said to have been registered legally in California.