Bitcoin breakthrough
The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks
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
e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
In 2009, when bitcoin first appeared, one dollar could buy 1300 bitcoins. In 2010, it was only $0.003. In November 2013, the highest price created by bitcoin reached 8000 yuan for the first time. In 2017, bitcoin's price rose wildly. In this year, bitcoin once created the highest price in history, with the highest value of about 20000 US dollars
that is to say, a bitcoin costs about 130000 yuan. According to the proportion, bitcoin has soared by 2.73 million times in eight years, becoming a well deserved proct with huge profits. According to the data of coindesk digital currency trading platform, the price of bitcoin once fell below $6000 in 18 years, and it has dropped 70% compared with the highest value of $20000 in 2017
with the decline of bitcoin, many digital currencies have been affected, with a decline of more than 10%. It has been less than 10 years since the development of digital currency. Many large enterprises can't compare with it. It can be seen that the future of digital currency is worth looking forward to
according to the data of coindesk digital currency trading platform, the price of bitcoin once fell below US $6000 in 18 years, which has dropped by 70% compared with the highest value of US $20000 in 2017
"the price movements we are seeing now may seem drastic, but they are quite normal for this market." Etiro's senior market analyst, MATI Greenspan, wrote in an email to CNBC
with the decline of bitcoin, most digital currencies are affected, and other digital currencies are not much better. Most digital currencies are down by more than 10%. But in the long run, the future of digital currency is worth looking forward to.
Since the second half of 2020, the price of bitcoin has been going up all the way. Up to now, bitcoin has broken through the $50000 mark, which can be said to be a straight-line surge. Why are many short sellers not optimistic about their prospects before, but their prices are running all the way to the top? Is it that they say no, but in fact they are very honest< in fact, the price surge of bitcoin is e to the fact that musk, the founder of Tesla, the new world's richest man, has publicly expressed his support for bitcoin, and that multinational financial consortia such as JPMorgan Chase and MasterCard have also provided bitcoin platforms, which has led to a sharp rise in the price today, Xiaobian will give you some ideas about bitcoin
First, the past and present of bitcoin< p> Bitcoin is a kind of virtual P2P currency proposed by Nakamoto Cong on November 1, 2008. Its biggest feature is decentralized, peer-to-peer transmission service, which does not need to be issued by the National Central Bank and other currency issuing institutions. Moreover, it is obtained by cracking the encryption algorithm, so its security is very high, and the total number is limited. Now, it is more and more difficult to obtain bitcoin, which also gives rise to & lt; Mining machinery& ldquo; Mining & quot; And other instries. Due to its limited total quantity, this virtual currency is very scarce and can be used as an investment proct
the price of bitcoin has been at the highest level in history after a period of rapid rise. It is not known whether it will continue to rise or let it go all the way. For us ordinary people, this price is already sky high. We'd better wait for the fight of major capitals. Netizens, what's your opinion? Welcome to comment area message exchange
At 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
Yes in the early morning of December 20, the price of bitcoin broke through $24000 , and reached a record high of $24156. Bitcoin is up 24.65% this week and 233% this year
According to Kang Lu, senior analyst of fire currency, the unilateral rise of the market is not a healthy performance of the market, but a certain correction of the market is a healthy performance of the market. Kanglu believes that the market will not continue to rise, and breaking the new high does not mean that the market will continue to rise all the way, but it will have a strong impact on the psychological level of investors, and the market may form a certain buying consensus According to the securities times, on Friday, the U.S. Treasury proposed new regulations on digital currency regulation, requiring some cryptocurrency dealers to provide information about their identities in order to curb the use of this new technology by criminals for anonymous asset transfer. The proposal has 15 days for public comment. Affected by the news, bitcoin once fell by about $200 in the short term, breaking through $22880, but soon recoveredit is learned that the new regulation mainly aims at allowing the holder of the unique digital key to store the cryptocurrency and trade directly with others without going through the accounts of financial institutions. This kind of account usually exists in the form of U disk, computer or mobile phone software
such accounts are usually not associated with an indivial's name and address, and regulators believe that compared with the banking system, cryptocurrency is more attractive in the eyes of criminals and money launderers
under the new rules, banks and cryptocurrency trading platforms will have to keep records of customers' cryptocurrency transactions and counterparties in any transaction over US $3000 to verify their identities. According to the U.S. banking regulation called "travel rule", financial institutions must share specific information when transferring money to each other
in addition, banks and digital currency trading platforms must report to FinCEN every 15 days any cryptocurrency transactions involving unmanaged wallets and exceeding US $10000
digital currency
, and is currently opposed to all digital currencies, prohibiting all
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transactions
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