BTC printing
Based on these two situations, price fluctuation seems to occur within 18 months after each halving. However, the data is still insufficient for proper analysis and price forecasting model
Will history repeat itself< p> It is important to note that in terms of the number of bitcoin holders, market value, regulations and the overall outlook for cryptocurrency, there are huge differences between 2012, 2016 and 2020. For example:market value: November 2016 - & gt; $11 billion, December 2019 - $132 billion
daily trading volume: November 2016 - & gt; 84 million US dollars, December 2019 - 17 billion US dollars
e to the increased public awareness of bitcoin and the interest of institutional investors, the risk is higher this time. Although many other cryptocurrencies have been introced since 2016, BTC's dominant position is still 66.6%. As a result, the bitcoin miner is unlikely to switch to other coins, which means that halving may have a long-term impact on bitcoin prices
However, the main gain is that there is a certain correlation between the halving of bitcoin reward and the price fluctuation after the event. These supply changes happen every four years, and it's interesting to watch their impact on the price of the bitcoinbitcoin is a fraud, so we must be cautious in investment and financial management
even if it is called "hard currency", the price of gold will not only rise but not fall. There is no bubble in gold, but the price is too high, there is a bubble, and the bubble will eventually burst, such as virtual currency such as bitcoin. The more general virtual currencies, the closer bitcoin's value is to zero
this kind of currency, which is a purely calculated digital symbol, has no asset support, no financial revenue and expenditure, no cash reserve and no use value. It is only a circulation symbol. Once it loses its credit guarantee, it is a pile of beautiful printed waste paper. Investors should be alert that there is no so-called safe investment in this world, and all investments are risky
the people's Bank of China and other departments issued a document to severely punish the above-mentioned behaviors, making it clear that token trading is not protected by law. With some virtual currency trading platforms turning to overseas, speculative money speculation has also turned to "underground". In the face of continuous renovation, on the basis of continuous strict supervision, government departments should constantly upgrade the means and ability of supervision, and continue to increase publicity and crackdown on popular science, so as to avoid the masses being deceived
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investing in virtual currency is more of a kind of speculation. Investors should strengthen their risk prevention awareness and identification ability. Without confirming the identity of the other party, they should not be involved in money transactions, trust low-risk and high return investment procts, especially not join the investment and financing group without verification, These are often well-designed traps by telecommunication network fraudsters
it's better to purchase the investment and financial management accompanied by the children, and learn from the official and authoritative channels, and report to the police in time when they are found to be cheated. Properly protect all kinds of account password, identity information, etc., don't tell others easily. Any reference to the need for transfer and remittance should arouse high vigilance and consult with trusted acquaintances
reference source: people's.com - uncover the crazy bitcoin: new Ponzi scheme of 800 yuan each<
People's website - three men set up bitcoin scam and made a profit of more than 150000 yuan and were sentenced
People's website - People's website comments on "analytic blockchain" part 3: how to avoid getting away from the real to the virtual
the system supports sending payments between users without the need to go through a central authority (such as a bank or payment gateway). It is created and saved electronically. Bitcoins are not printed like dollars or euros - they are free software proced and used by computers around the world
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
bitcoin (BTC) is the most popular digital currency in the world. The spread occurred on August 1, 2017. In a "hard fork" event, a new digital currency called bitcoin cash (BCH) was born
e to version switching, bitcoin blockchain is bifurcated into two independent blockchains. Everyone who owns bitcoin before the fork is entitled to the same amount of "bitcoin cash" tokens, similar to a dividend in a stock
bitcoin cash (BCH) is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. It is a new type of blockchain asset. On August 1, 2017, the mining of bitcoin cash will begin, and each bitcoin investor will have the same amount of bitcoin cash (BCH) in his account
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currency features
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
reference source:
network bitcoin
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2. Pay attention when installing the clutch on the shaft
when installing the clutch on the shaft, use special tools to pressurize the hollow shaft tube as far as possible, and do not impact the cylinder or other vulnerable parts
3. Installation of shaft end of pulley and gear
the radial force center of pulley or gear shall be aligned with the bearing center of two groups of bearings inside the flange as far as possible. Excessive offset will affect the service life of the proct
4. Bearing related
generally, the sealed bearing is maintenance free, and a few parts need to be properly supplemented with grease according to the relationship between the use environment, usually 1 to 6 months
5. Avoid overload operation
the safety factor of 1.5 to 2 times of the torque should be adopted as far as possible in proct selection, which will cause damage to the tooth surface or rece the service life
the above are matters needing attention. If you are helpful, please adopt them. Thank you
on January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China, focusing on whether the enterprise carried out credit, payment, exchange and other related businesses without permission or license; Implementation of anti money laundering system; Fund security risks, etc. On January 12, 2017, the business management department of the people's Bank of China also entered the trading platforms such as "fire coin net" and "currency bank" in Beijing.