What is the mode of bitcoin speculation
The earliest is a kind of network virtual currency. 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
< H2 > extended information:bitcoin is e-cash similar to e-mail. Both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail 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
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
many websites for technology players have begun to accept bitcoin transactions. Websites such as mtgox and btcchina, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin
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 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
extended data:
bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system
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
the bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
Bitcoin is a kind of virtual encrypted digital currency in the form of P2P. Different from all 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 the use of cryptography design to ensure the security of all aspects of money circulation. However, on September 4, 2017, the central bank and other seven ministries and commissions announced that virtual currency trading is prohibited in China, and bitcoin is prohibited from circulating in China
according to the first article of the notice on preventing the financing risks of token issuance, we should accurately understand the essential attributes of token issuance financing activities. Token issuance financing refers to the illegal sale and circulation of tokens by the financing subject to raise the so-called virtual currency such as bitcoin and ether coin from investors. In essence, it is an unauthorized illegal public financing behavior, which is suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities
Relevant departments will closely monitor relevant developments, strengthen cooperation with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely deal with market chaos. If suspected crimes are found, they will be transferred to judicial organs. The token or "virtual currency" used in token issuance financing is not issued by the monetary authority, does not have such monetary attributes as legal compensation and compulsion, does not have the same legal status as currency, and cannot and should not be used as currency in the market
extended information:
Article 3 of the announcement on preventing the financing risk of token issuance strengthens the management of token financing trading platform. From the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal tender and token and "virtual currency", nor buy or sell token or "virtual currency" as a central counterpart, nor provide pricing, information intermediary and other services for token or "virtual currency"
for the token financing trading platform with illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law
Article 4 financial institutions and non bank payment institutions shall not carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions
The price of bitcoin rose to $18278 in one day. Who is speculating
From the figure, we can see that bitcoin transactions are mainly concted in the United States, Russia, China, South Korea, Malaysia and other countries.the distribution of users' age is mainly concentrated in the 25-35 years old. And men are significantly ahead of women in bitcoin speculation, Many of them regard bitcoin as an asset investment.
most of them like medium risk investment.
the data in this paper comes from huocoin.com http://www.huobi.pro
transactions between bitcoin and bitcoin: first, get the bitcoin address of the other party; second, use your bitcoin wallet or exchange to transfer to the bitcoin address of the other party. 3、 If you accept bitcoin, first give your bitcoin address to the other party, and then the other party operates, and you wait for the bitcoin.
the process of bitcoin is like this<
2009 - bitcoin was born
in 2009-13, makers were mainly busy investing in mines and digging for bitcoin. At this time, there is no circulation of bitcoin. Anyone can simply get bitcoin, which is basically worthless
in 2013, the number of bitcoin reached 50% of the total design amount (the upper limit of 21 million)
in 2014, we started to hype bitcoin trading and set up bitcoin trading platform
14-17 years - makers continue to invest in mines and dig bitcoin. Bitcoin trading is completely folk, and there is no market maker
2017 - the number of bitcoins has reached 75% of the total design, and most of them are controlled by the makers
in 2017, makers began to enter the market and used bitcoin as a tool to escape supervision
since 2018, bitcoin has played a very significant role in escaping supervision, with a large amount of funds flowing through bitcoin control institutions, and bitcoin has gone up
here we want to talk about why the makers want to control the market. Because this thing itself has no value at all, if you want to flow capital through this thing, it must appear normal on the surface. Because you are under the supervision of the financial sector in the overall environment, you can't just pick up a stone and say how much it's worth
first of all, my purpose is to transfer my funds "legally" through self selling and self buying, rather than actually buying the so-called bitcoin
secondly, I need to make bitcoin valuable enough to transfer more money
thirdly, as soon as the retail investors enter the market, they will soon find that there is not much liquidity at all, and they can't support the price. If the retail investors have too many bitcoins and they sell them casually, I can't really spend money to buy them. When the market price collapses, I can't play the game of selling and buying by myself.