The collapse of bitcoin
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
In 2018, a friend took 300000 yuan to enter the bitcoin trading platform at that time. The initial spot trading was in a small profit and loss balance because of low volatility. However, he later fell in love with the so-called futures contract market. At the peak, I was able to see with my own eyes the seven digit assets in his account, which had more than quadrupled
in a word, the feeling of zero return of capital or so-called zero return of principal in high-risk investment market is extremely uncomfortable. We should not only see the so-called profit rate behind the high-risk return, but also see whether the principal is completely summarized and you can accept it. Therefore, it is suggested that investors should avoid investing in unfamiliar fields. Because the current virtual digital currency trading market headed by bitcoin, its regulation and rules are not particularly perfect< br />
you may not quite understand the difference between "bitcoin" and "bitcoin trading market". It's just that I heard that a bitcoin or something is going to go bankrupt. The bankrupt is "bitcoin trading market", not "bitcoin". Pay attention to the difference
just like a company selling potatoes, potato trading company, it is "potato trading company" rather than "potato" that goes bankrupt
bitcoin, like potatoes, is a commodity. How can a commodity go bankrupt?
