What is the price of bitcoin in 12 years
When bitcoin first appeared in 2009, its price was less than 1 cent. One dollar could be converted into 1300 bitcoins, that is to say, seven yuan could be converted into 1300 bitcoins
on May 5, 2017, bitfinex, an overseas digital currency trading platform, quoted a price. Bitcoin once hit US $1700, about RMB 11737
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in China, some Taobao stores have also begun to accept the use of bitcoin, and businesses will graally increase
in October 2013, the first bitcoin quarterly, one bit, was released
on October 15, 2013, the network accelerator service of the network announced its support for bitcoin
on October 26, 2013, btcmini reported that GBL was hacked
on October 31, 2013, Lei Teng, a famous Internet lawyer, proposed the event of "filing a case to investigate the closure of GBL bitcoin trading platform as soon as possible", analyzed the "value function" and "use function" of bitcoin, and bitcoin should be governed by relevant laws
on December 5, 2013, notice of the Ministry of instry and information technology of the people's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing bitcoin risk: bitcoin is a specific virtual commodity; Bitcoin trading is a kind of commodity trading on the Internet. Ordinary people have the freedom to participate in it at their own risk
on September 4, 2017, the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risk of token issuance financing: it is prohibited to engage in token issuance financing activities (ICO)
the trading platform shall not engage in the exchange business between legal tender and token, or virtual currency, or buy or sell token or virtual currency as a central counter party, or provide pricing, information intermediary and other services for token or virtual currency
on November 2, 2018, the people's Bank of China released the 12th topic of China financial stability report 2018, which talked about "encrypted assets"
bitcoin's fluctuation space is narrowing, which indicates that bitcoin's performance is not strong when facing pressure breakthrough. Recently, the closing price of bitcoin rose slightly, indicating that the inertial rebound ring the sharp rise in price on October 21 still exists&# 8203;
at the same time, considering the lack of willingness of bull pull, the number of active addresses has been significantly withdrawn in the short term. At present, bitcoin may need to adjust the trading day before it will continue to expand its rise&# 8203;
recently, bitcoin is strong, while Ethereum is weak. I plan to buy bitcoin for many times and Ethereum for short selling.
Strictly speaking, there is no issue price for bitcoin. In 2010, a programmer bought a pizza with 10000 bitcoins, the first bitcoin deal
bitcoin does not rely on a specific monetary institution. 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 feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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
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principle
starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique. In the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote
and the process of mining is to constantly seek the special solutions of the equations through huge amount of calculation. The equations are designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client
after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost
network bitcoin
The price of bitcoin changes
the figure below shows all the price changes of bitcoin. It can be seen from the figure that bitcoin can only be traded in 2013, and the price is about 700 yuan. Up to now, the price of bitcoin is about 44800 yuan, an increase of n times
both sides of virtual currency transaction need bitcoin wallet and bitcoin address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address
at present, bitcoin can be traded in the market by legal currency or virtual currency
from 2010 to the beginning of 2012, few people knew about it, only some game players and geeks were playing it, and the number of domestic players began to increase in the second half of 2012. At that time, it was still the era of pyrograph card mining. At the beginning of 2013, the ASIC miner was born. Avalon delivered the world's first ASIC miner, and roasted cat issued the power stock
in April 2013, Avalon gave up the sales of the whole miner and opened up all miner design solutions except chip accidents. For a time, miner manufacturers emerged like spring training after rain
since August 2013, the positive reports of bitcoin in domestic media have been increasing, and the number of people who pay attention to bitcoin has also increased rapidly. The network index once reached more than 300000, and the price of bitcoin has been rising to about 8000 yuan. However, after the announcement of the central bank in December, the price of bitcoin began to fall all the way
in 2014, Avalon project developed a "variable computing power cluster system", and the price of bitcoin rose slowly in twists and turns.
In 2009, when bitcoin first appeared, one dollar could buy 1300 bitcoins. In 2010, it was only $0.003. In November 2013, the highest price created by bitcoin reached 8000 yuan for the first time. In 2017, bitcoin's price rose wildly. In this year, bitcoin once created the highest price in history, with the highest value of about 20000 US dollars
that is to say, a bitcoin costs about 130000 yuan. According to the proportion, bitcoin has soared by 2.73 million times in eight years, becoming a well deserved proct with huge profits. According to the data of coindesk digital currency trading platform, the price of bitcoin once fell below $6000 in 18 years, and it has dropped 70% compared with the highest value of $20000 in 2017
with the decline of bitcoin, many digital currencies have been affected, with a decline of more than 10%. It has been less than 10 years since the development of digital currency. Many large enterprises can't compare with it. It can be seen that the future of digital currency is worth looking forward to
The price of bitcoin is about 9800 yuan
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. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar
starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique. The process of mining is to continuously seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
According to plan B's model, after halving in 2020, the market value of bitcoin will reach $1 trillion, in other words, the price of each bitcoin will be $55000
Plan B, a famous encryption analyst, uses his S2F model to show the impact of bitcoin halving on the price. At present, bitcoin's S2F is 25, but it will halve to 50 in a few months, which is closer to the value of gold inventory flow
the parabola super rising trend model of bitcoin is closely related to the inventory flow analysis model of plan B. Although many investors are opposed to the idea of a parabolic rise, since Marti Malmi sold the first bitcoin in legal tender in 2009, bitcoin has grown by 2232111011.11% and reached an all-time high of $20000 in 2017< br />
ten years from now, the price of bitcoin is unknown On June 26, the price of bitcoin broke through US $12000, a 17 month high since January last year. In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the year
therefore, the future price trend of bitcoin is uncontrollable
4, low transaction costs:
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution
1. Transfer platform: the current domestic trading is closed, and it can be transferred to foreign trading platforms
2. Cash withdrawal: users who do not want to hold bitcoin can make cash withdrawal
Third, storage: users who do not want to trade but continue to hold coins can save them in bitcoin wallets such as coin packets.