Can bitcoin complete storage
Now bitcoin has grown into a currency system with millions of users and tens of thousands of businesses accepting payments around the world, with a market value of up to 10 billion US dollars
how to trade bitcoin
2. Buy bitcoin:
1) after entering BTC transaction, click [buy bitcoin]
2) after entering the buy bitcoin interface, enter the purchase price and purchase quantity (the purchase quantity must be less than the maximum purchase quantity) according to the page prompt, enter the transaction password, and click [order] to complete
3) view the transaction status
if your transaction is not closed, you can click [entrustment management] to find your unsettled registration form
if your transaction has been completed, you can click [transaction query] to view your completed registration form
3. Selling bitcoin
the selling operation is basically the same as the buying operation. You can refer to the buying operation< br />
Bitcoin, English name bitcoin, is a digital currency based on blockchain technology, which is composed of a series of computer-generated complex codes. Like RMB's ¥ and US dollar's $, bitcoin has its own symbol, the "B" in the figure below
The inventor of
bitcoin is Nakamoto. Satoshi Nakamoto is the creator of bitcoin protocol and its related software bitcoin QT. In 2008, he published a paper called "bitcoin: a peer-to-peer electronic cash system", describing an electronic currency and its algorithm that he called "bitcoin"
In 2009, he released the first bitcoin software and officially launched the bitcoin financial system In 2010, he graally faded out and handed over the project to other members of the bitcoin communityNakamoto is believed to hold about one million bitcoins. If the price of each bitcoin was $2W, it was worth $20 billion at one time. So far, his true identity is still unknown to the outside world, that is to say, no one knows who Nakamoto is
bitcoin appeared after the global financial crisis in 2008. In fact, before that, many people have tried electronic currency, digital currency and virtual currency, but they have not succeeded. There are not only technical reasons, but also social environment and economic background reasons. To some extent, it was the 2008 financial crisis that gave birth to bitcoin
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 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
warm tips: the above contents are for reference only
response time: January 20, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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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
[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
First, register the fire coin, this is the registration link
Web link
and then download the fire coin from the app store. Pay attention to the third one, fire coin Pro
it is recommended to search bitcoin white paper for more information.
In economics, the functions of money are divided into five categories: circulation means, value measure, payment means, storage means and world money. I will mainly analyze whether bitcoin has the property of full circulation by combining these five aspects
we all know about bitcoin, even if we haven't touched it. In 2017, bitcoin became popular again. The last time I vaguely remember it was 2013. In the second half of 2013, bitcoin rose from US $100 to the highest of more than 1100, more than 10 times. Such a rise killed all markets and attracted countless people to start panning for gold and become miners
briefly describe bitcoin. Bitcoin is a kind of "electronic currency", which is composed of a series of complex codes generated by a computer. New bitcoin is manufactured through preset programs. With the increase of the total amount of bitcoin, the speed of new coin manufacturing slows down. There is a strict constraint on bitcoin, that is, the maximum amount of bitcoin is only 21 million. Due to the 21 million restrictions, bitcoin has been used to fight against inflation. Since the 2008 financial crisis, central banks around the world have implemented extremely loose monetary policies in order to stimulate the economy. Throughout the next 5000 years, there has been no interest rate lower than those in recent years
In recent years, more and more countries, institutions and indivials have begun to accept this emerging currency. At the end of June 2013, after the German parliament decided that bitcoin would be tax-free if it was held for more than one year, bitcoin was recognized as the "unit of account" by the German Ministry of finance, which means that bitcoin has been regarded as legal currency in Germany and can be used to pay taxes and engage in trade activities. In August 2013, judge Amos mazant of Texas District Court ruled in a case of bitcoin virtual hedge fund that bitcoin is a kind of currency and should be included in the scope of financial regulations. In China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China is facing uncertainty, and there is still a long way to go for domestic acceptance of bitcointhe convenience and secrecy of circulation make bitcoin the best tool for money laundering, and many illegal transactions also begin to use bitcoin, which has become a major obstacle for bitcoin to become a full circulation currency
the two aspects of value scale and storage means are the hard wounds of bitcoin
first of all, the storage means, the attribute of bitcoin e-currency is that it can only exist in the computer hard disk and must rely on the Internet. The first problem is the Internet security. During this period, bitcoin blackmail virus broke out. A few years ago, someone mistakenly lost a hard disk and 7500 bitcoins, worth 50 million yuan at that time. For various reasons, people have to worry about whether bitcoin can have a safe storage property. Compared with the absolutely safe legal tender in the bank, bitcoin has great insecurity. In many cases, the storage method of bitcoin is far worse than that of gold. In extreme cases, only gold is the real currency
finally, there is the value scale. Bitcoin basically does not have the attribute of value scale. Bitcoin's main characteristic is limited supply, which determines that it can only be a non mainstream currency in the end. This characteristic is similar to gold. The gold standard is eventually abandoned by the whole world. The currency with limited supply can not keep up with the development of proctivity, and can only bring about deflation, which will seriously hinder economic development and eventually become a non mainstream variety. Moreover, the value of bitcoin itself is very unstable, and it is very easy to rise and fall sharply. In the macro economy, if a country's currency often rises and falls sharply, the unstable value of bitcoin can not be favored by people. As of today, the price of a bitcoin is 1800usd, and the market value of the whole market is 21 million bitcoins, which is 37.8 billion US dollars. A market with less than 40 billion US dollars is very easy to be manipulated by big funds. You can't even spend a little of 40 billion US dollars in the global foreign exchange market. The daily trading volume of the foreign exchange market is about 5 trillion US dollars. The small trading volume makes bitcoin a speculative thing. The CFTC defines bitcoin as a commodity rather than a currency. In recent years, most of the trading volume of bitcoin was created by Chinese people. It is generally acknowledged that Chinese people are fond of gambling. In addition, e to the domestic macro-economic reasons, they have been in the high-risk and low-income market environment, and capital control has led to a large amount of liquidity, so one by one, they are in a hot fire. So the current property of bitcoin is a trading target that can be used for speculation and money laundering
Kissinger once said: whoever controls the right to issue currency controls the worldI can't help but wonder: will global central banks be allowed to be challenged with such a core right as the right to issue money? In particular, the U.S. dollar is the core interest of the United States. All that the United States has done in its grand strategy is to keep the U.S. dollar as a global hegemonic currency. Throughout history, no one who challenges the U.S. dollar will come to a good end. Bitcoin's safety at present only shows that global central banks have not paid attention to it at all. They may have known that bitcoin can't be a currency for a long time. If Saudi Arabia announces that crude oil will be settled in bitcoin one day, when bitcoin is dried up by the United States and there is no resie left, it is OK for miners to speculate, but if they want to challenge the mainstream currency, it is the time of death
Bitcoin may be an attempt or experiment in human society, but I don't think it will become a currency, let alone a speculative commoditythe last warm tip: bitcoin trading has high risk and high return, so do not rush into this market