Bitcoin hit a new high
We know that this is an era of high economic development. More and more people begin to pay attention to the self-development of the economy. At the same time, they are willing to put their spare funds into other instries to make money. This is a way to make future investment or risk aversion, After all, people are full of many factors for the instability of the market, such as a wave of new epidemic action in 2020. So what's the next step for bitcoin to reach a new high in 2020{ RRRRR}
3. For companies that issue bitcoin, it will have a very good development< p> Finally, for companies that issue bitcoin, this is a very good development, because the more people hold bitcoin, the higher the market value and price of the companyAt 17:40 on August 17, okcoin showed that the price of bitcoin once again broke through a record high of 30000 yuan. This morning, the opening price of bitcoin was 27981 yuan. After the opening, the price of bitcoin climbed all the way up, with an increase of over 7% on the same day. In just one month, the price of bitcoin has risen by 130%
however, for the sharp rise of the above-mentioned digital currency, a number of instry platforms are still cautious and think that investors should pay attention to investment risks
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most 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 the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
The rapid rise of bitcoin's price comes from the fact that its use value is graally recognized by popular business services such as green ecology. For example, Jack Dorsey, the founder of Twitter and square, made a high-profile promotion and planning of BTC in Silicon Valley in the United States, which is also called the original ecological currency of the next generation Internet technology, and announced the purchase of $50 million BTC< naturally, apart from the Internet technology circle, it is also like the BTC Private Fund released by grayscale, a financial enterprise, which helps traditional financial enterprises get BTC financial planning
at present, the total position cost of BTC commodity futures is about 6.3 billion, which has increased 133% since the beginning of this year and constantly updated new historical records. Unlike the spot trading market, the increase of non compulsory position closing trading position of derivative procts in zero sum game indicates the contradiction level between buyers and sellers on spot trading base price
bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source
what determines the price of bitcoin
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.
Bitcoin has set a new record. Some people choose to sell it at the highest point. In fact, itself is to cash out , because for bitcoin, it is not a physical object that we can see. It is just a conceptual stock. For this kind of conceptual stock, it has no market price, Because if a lot of people are interested in this kind of concept stock, then this kind of concept stock will be speculation higher and higher. But if this kind of concept stock let us know that it has no special value, then this kind of thing will certainly have a great fall. If this kind of drop occurs, it will cause a loss that we can't see and can't estimate
such things must make us particularly happy, because for us, such things, if sold at the highest point, must make a lot of money than when we went to buy at that time, but for us, such things are not easy to happen. If it's just a concept, or it's a more realistic thing, if someone sells it at this time, it means that it's still risky. For bitcoin to reach an all-time high, some people choose to sell it at the highest point, is actually to cash out . For bitcoin, it is not a completely real object that we can see, but a conceptual thing
because the storage function of virtual currency is more and more recognized by people. With the devaluation of currency and the rise of prices, people's money is becoming less and less valuable. Virtual currency can be used as an effective storage tool. People can change their money into virtual currency, which has a certain growth function in addition to hedging
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to mine bitcoin, you can download special bitcoin computing tools, register various cooperative 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
By the end of 2020, bitcoin market is going crazy. On December 27, the price of bitcoin once exceeded US $280 million, reaching a new record high of US $28365 per coin, a new high in the market value over the past decade. Bitcoin has risen more than 233% this year. Before bitcoin broke through $20000, public opinion was in a frying pan. Now it's soaring to $28000, and it's crazy again. The total market value of bitcoin has exceeded $500 billion, which is equivalent to two universe lines, and it's more than $1 trillion higher than Maotai. Bitcoin can't eat or drink, and it doesn't create profits. It's all so valuable. What's the reason for the surge? Should we hold bitcoin
The development of human civilization has been advancing with great success all the way. With the advent of the network information age, more and more new things appear in our vision
there are many people who have graally accumulated their wealth by taking advantage of technology, and many people have become billionaires in the development of technology< the development of science and technology has promoted the rapid development of our society and our urban construction { RRRRR}
if we add our bitcoin holdings on this node, we are likely to have a huge loss, so it is not recommended to invest in bitcoin at this time node