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Bitcoin will not die, all coins will not live

Publish: 2021-04-06 13:53:03
1. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
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
2.

This situation must be timely feedback to customer service, to retrieve

if bitcoin is stored in the account of the exchange, all the coins are in the big account of the exchange. If the exchange stops trading or goes bankrupt, all the coins belong to the actual controller of the exchange (the person who has the key of the big account)

therefore, if there are official problems in the exchange, we must contact the official customer service in time to retrieve them. In addition, digital assets, blockchain and other technologies will have unpredictable effects, and problems in the development process need to be standardized

extended information:

people who really own bitcoin do not store them on the Internet, but store them on the hard disk. Bitcoin's code is open source, which means that technicians can modify the code to proce a continuous stream of virtual currency

which breaks through the "limited amount" attribute of bitcoin. These virtual currencies can be exchanged with fiat currencies. For example, bitcoin can be exchanged into yen, and yen can be exchanged with almost all fiat currencies in the world

in this case, if the number of virtual currencies increases arbitrarily, there will be problems in the whole international monetary system. Therefore, on September 4, 2017, the central bank stopped the exchange function of the token trading platform, especially the exchange function with legal tender

3. Bitcoin is hardly bankrupt. At most, its market value is zero

there are many unsuccessful currencies in history, such as the Deutschmark in the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were usually e to over inflation that could not happen on bitcoin, there were always potential technical errors, currency competition and political problems. The basic lesson is that no currency can be considered absolutely safe from failure or difficult times. Bitcoin has been proven reliable for several years since its birth, and it has great potential to continue to grow. But no one can predict the future of bitcoin< The rapid rise in price of BR />
does not constitute a bubble. Artificial overestimation will lead to a sudden downward revision, which will form a bubble. The price fluctuation of bitcoin caused by the indivial behavior of thousands of market participants is the result of the market determining the price. From the emotional point of view, the reasons for price changes include: the loss of confidence in bitcoin, the huge difference between price and value not based on the fundamentals of bitcoin economy, more and more news reports stimulating speculative demand, fear of uncertainty, and outdated irrational prosperity and greed.
4. The old BSC is converted into optical signal through 2m line to SDH multiplexing equipment, and then the optical transmission network to the transmission equipment on the base station side is converted into 2m line to form electrical signal to the base station (BTS)

the new BSC is basically optical port BSC. Go directly to SDH or PTN equipment on the transmission side, go to the base station side through the transmission network, and convert it into 2m electrical signal to the base station (BTS). Some base station equipment support the optical port, and may be directly inserted into the optical fiber.
5. First of all, bitcoin is a decentralized monetary system. For example, both RMB and US dollars are issued by banks, but bitcoin is similar to treasure in a treasure hunt. Everyone has the opportunity to "issue" bitcoin himself
in fact, the essence of special currency is a lot of special solutions generated by a lot of complex algorithms. The system will choose a correct answer every ten minutes. Whoever can find the correct answer in the first ten minutes will get a reward. The upper limit of bitcoin is 21 million. When bitcoin was born in 2009, each reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the bounty will be halved to 25. When the total amount reaches 15.75 million (5.25 million new output, or 50% of 1050), the bounty will be further halved to 12.5, and so on. Therefore, bitcoin circulating in this mode can not be recovered to zero, because everyone is the issuer of bitcoin. Unless everyone clears their account number and no longer digs, bitcoin will always be active
(I wrote a short paragraph in the middle, which was easy to understand on the Internet, so I copied it.)
6. Just hold it. This can help our ancestors to have some confidence in him. Now it has fallen so much. Part of the reason is that supervision is being carried out everywhere, which means to break the law and then establish it. Some other counterfeit coins are not recommended. Mainstream coins can still be held. Just wait for more. In the past, a bitcoin can't buy pizza, but now it's not bad even though it's down to 30000. Of course, the premise is to buy it at a low price of 30000 yuan. And it can be said that bitcoin created the blockchain, so bitcoin itself is valuable
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