Bitcoin is expensive

1. bitcoin is not issued by 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 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
on January 8, 2021, the price of bitcoin exceeded $40000

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
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2. Because the global circulation of bitcoin is only 21 million, there are only less than 4.5 million left to be mined, and the last one will be mined in 2140. With the decrease of the amount of coins that can be mined, the difficulty of procing bitcoin will increase. On average, the difficulty of mining will increase by half every four years. Now, 12.5 coins are proced every 10 minutes. All the coin diggers are scrambling for the fixed quantity, so the price of bitcoin will be higher and higher.

3. UBS has issued a report that the global investment value of regional chain technology will reach 300 billion to 400 billion US dollars in 2027. And the regional chain as an infrastructure development, will be applied to more and more scenarios. It is more and more good projects that push up the price of bitcoin. This is just the early stage of blockchain development. Bitcoin has great potential. If you are interested, you can invest in okex.

4.

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

5. Bitcoin used to be synonymous with overnight wealth. In 2017, bitcoin had a record high price, with the highest value of about $20000
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.

6. The value of bitcoin is always the leader in the field of digital currency, so in the long run, you can still buy bitcoin. But if you buy bitcoin now, you won't necessarily make money. When will you make money? No one can guarantee that bitcoin has proved to be reliable and scalable
many legacy systems and other cryptocurrencies have persistent reliability problems. The banking system may collapse, leading to problems with online banking and payment cards. In recent years, there have been serious reliability and security problems with other cryptocurrencies, including Ethereum and newer cryptocurrencies such as EOS. They are not reliable
bitcoin has proved to be very reliable. The last major blackout of bitcoin was in 2013, when the blockchain was unreliable for several hours e to incompatible software versions. It has been repaired rapidly for more than five years, and bitcoin has been running reliably 24 / 7 / 365.

7. It's not high. Sooner or later, it will rise to $1 million. That's the end of bitcoin. Of course, many foreigners think that $4 million is the end of bitcoin, which is hard to say. Usually check bitcoin related market, recommend simple and smooth operation of software, such as coin easy.

8. For when, the best time is about $20000, this year's lowest time is more than 3000, and now it's more than 9000! Relative to the high, down the probability is relatively large, up take time! If you take it for a long time, there will be no problem! Take it for a few years!