What's the minimum BTC conversion
Publish: 2021-04-16 09:59:17
1. bitcoin transfer fee is a fee paid by traders to miners, which is used to encourage miners to compete for bookkeeping and provide enough computing power for bitcoin, so as to ensure the security of bitcoin network. In some places, it is also called miners' fee
when users initiate a transfer in bitcoin network, they usually need to pay a certain transfer fee to the bookkeeper. The transfer service charge is generally 0.001-0.0015 bitcoins. Due to the limited capacity of the block to hold transaction records, miners will give priority to the transaction with high service charge, so the overpaid service charge can be recorded faster
the existence of bitcoin transaction fees can improve the transfer threshold, effectively prevent the blockchain from being full of junk information, and ensure that the miners still have the motivation to maintain the bitcoin network after bitcoin is g up.
when users initiate a transfer in bitcoin network, they usually need to pay a certain transfer fee to the bookkeeper. The transfer service charge is generally 0.001-0.0015 bitcoins. Due to the limited capacity of the block to hold transaction records, miners will give priority to the transaction with high service charge, so the overpaid service charge can be recorded faster
the existence of bitcoin transaction fees can improve the transfer threshold, effectively prevent the blockchain from being full of junk information, and ensure that the miners still have the motivation to maintain the bitcoin network after bitcoin is g up.
2. Now I'm mining in BW, and the starting payment of BTC mining is 0.005btc. Because the mine pool provides the address for receiving and charging coins, and there is no time limit for setting the wallet, I am lazy and sometimes I simply store the coins there.
3. Bitcoin is based on Cong, and one bitcoin is 100 million Cong. At present, the minimum price of okex exchange is 10 yuan. If you buy 200-1000 yuan, the platform will send 20 yuan bitcoin. Thank you. If you have any questions, you can ask me at any time
4. 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 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
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and 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: January 14, 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
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 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
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and 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: January 14, 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
5. Bitcoin 0.001 can transfer accounts, and bitcoin clients can set up a trading platform.
6. Bhd has a mortgage mechanism similar to MLM, and its 1t capacity is mortgaged by three coins.. Not to mine pool only give 30% income, short-term rent money almost 50% of the annual interest rate, more than 200 yuan you should not buy money to mortgage it.. Also have to find the power to p disk, digging is not easy
Bhd is a small currency launched in China, and I'm not optimistic about it
if you really want to dig, it is suggested that eth should be integrated and graphics card machines should be set up
a 6-card 470 is less than 3k, so the card is cheap and the cost is fast. It's more power consumption than hard disk drive.
if you think about long-term development, you need to use 8g video memory card (currently, the DAG file of eth has reached 3.6g)
by the way, you mentioned Bateman bt24, network. The obsolete x79 platform, foreign garbage E5 CPU and motherboard have been out of proction for a long time, and we can't buy reliable procts (only zhaiban). Forget it. If you really want to do it, you'd better set up your own mining machine.
Bhd is a small currency launched in China, and I'm not optimistic about it
if you really want to dig, it is suggested that eth should be integrated and graphics card machines should be set up
a 6-card 470 is less than 3k, so the card is cheap and the cost is fast. It's more power consumption than hard disk drive.
if you think about long-term development, you need to use 8g video memory card (currently, the DAG file of eth has reached 3.6g)
by the way, you mentioned Bateman bt24, network. The obsolete x79 platform, foreign garbage E5 CPU and motherboard have been out of proction for a long time, and we can't buy reliable procts (only zhaiban). Forget it. If you really want to do it, you'd better set up your own mining machine.
7. The current price is 1715.14
compared with 1768.90 at the close of one week ago, bitcoin has decreased by 3% in the past week,
compared with 1564.0 at the close of one month ago, bitcoin has increased by 9.66% in the past month,
compared with 1373.4 at the close of three months ago, Bitcoin has increased by 24.88% in the past quarter
since the beginning of this year, bitcoin's price has suffered a setback at the beginning of the year, and it has experienced a roller coaster in March, and it has graally recovered slowly in the past three months. In the short term, e to the influence of the stock market, capital flows back to the currency market, which is good for bitcoin, but the short power is still strong, Bitcoin's biggest rise reached 42.34% and then quickly fell back, falling back to the market before the rise, which still exists in the short term. Therefore, short-term trading is more obvious, short-term risk is high, and long-term operation is recommended.
compared with 1768.90 at the close of one week ago, bitcoin has decreased by 3% in the past week,
compared with 1564.0 at the close of one month ago, bitcoin has increased by 9.66% in the past month,
compared with 1373.4 at the close of three months ago, Bitcoin has increased by 24.88% in the past quarter
since the beginning of this year, bitcoin's price has suffered a setback at the beginning of the year, and it has experienced a roller coaster in March, and it has graally recovered slowly in the past three months. In the short term, e to the influence of the stock market, capital flows back to the currency market, which is good for bitcoin, but the short power is still strong, Bitcoin's biggest rise reached 42.34% and then quickly fell back, falling back to the market before the rise, which still exists in the short term. Therefore, short-term trading is more obvious, short-term risk is high, and long-term operation is recommended.
8. Bitcoin's offer has been falling (by the way, it hasn't fallen yet), and some people are wondering - what's the bottom line of bitcoin's offer? Is there a quotation point, once it falls, it will stop by itself? It happens to be interesting to study such a monetary value in the inflation market
generally speaking, the value of money depends on its activity: the central bank prints a lot of money and puts it into the economy with high-speed monetary activity. Therefore, we find that if the value of money decreases, we will be more inclined to sell in the future, resulting in a further decline in the quoted price. This cycle will lead to a runaway effect
for bitcoin, there is no high speed activity of bitcoin. Only the speculative bubble burst, and the quotations get closer to the mall balance point. This leads to a humorous question: where is the balance? First of all, let's make some assumptions. If in the future, no one in the world will hoard bitcoin at all: no one believes that bitcoin will rise, but will only fall in the future. Therefore, in the near future, we will only purchase procts by purchasing just enough bitcoin. In this way, the quotation of bitcoin depends entirely on the demand (the amount of bitcoin that people spend on purchasing procts and services) and the supply (the amount of bitcoin that exists). We are going to test to set up a lower bound: there will be some conjecture data in it, so we are going to choose the more extreme (disappointed) data. Data results are relatively small, and are affected by many factors, but data results can let us roughly know the magnitude of the answer to the question. In addition, we have the same assumption that everyone has lost interest in all counterfeit coins: we only pay attention to the bitcoin quotation supported by the bitcoin demand brought by real procts and services, that is to say, we do not use the statistical data of business channels to count the demand
let's get started. It is an excellent representative of the total demand of bitcoin for procts and services. It is the total activity of coinbase and bitpay, the two largest bitcoin payment processors in the bitcoin instry. Of course, bitcoin for procts and services also occurs in other places (this does not include the bitcoin compensation paid by some companies). The total bitcoin traffic of these two payment processors can exceed 50% of the bitcoin demand in all bitcoin businesses: the service of all large-scale commercial bitcoin transactions is coinbase or bitpay
surprisingly, neither coinbase nor bitpay clearly revealed their detailed business data. Fortunately, we can make a reasonable and accurate guess about the implied meaning of some articles announced by them. For example, we know that bitpay's business volume in 2013 was $100 million, and we also know that its business volume in 2012 was $3 million. Bitpay was founded in 2011, so we can reasonably guess that the total business volume of bitpay at the end of 2013 will be at least $94 million. Coinbase didn't disclose similar data, but both sides made clear the detailed number of cooperative businesses: bitpay is "more than 30000 businesses", coinbase is "31000 businesses". If we assume that the average bitcoin business volume of each of the two payment processors is similar, then the revenue of coinbase and bitpay are very similar. Let's calculate according to this. They are all US $100 million per year, or the remaining 50% of bitcoin needs that do not flow through coinbase and bitpay will bring us $300 million per year. In fact, since it is almost certain that there will be a continuous increase in 2014, these figures are likely to be higher. Since it is difficult to evaluate the detailed increase, let's leave it alone and simply assume that it will be $300 million in 2014
according to the current quotation of bitcoin (US $474), the total value of bitcoin mall is about US $6 billion, so US $300 million only accounts for 5%. That is to say, 95% of the total demand for bitcoin is speculative. Therefore, our estimation of the lower bound of bitcoin price is 23 US dollars. At this moment, the natural market's strength will prevent the price from further falling
let's analyze the above achievements reasonably. Our approximate data comes from bitpay and coinbase's bitcoin traffic (2013), and the bitcoin traffic of the three major business channels is accounted for by the partners working in coindesk. The channel traffic of bitcoin business is mainly speculative business (and counterfeit money business), which can hardly represent the business needs of bitcoin brought by any procts and services. At the same time, the three major business channels in the world (Mt. GOx, bitstamp, btc-e) account for 93% of the total amount of bitcoin shopping malls, and 7% are not included. We think that it is appropriate for the real commercial bitcoin demand to account for 5%
but will bitcoin really fall to $23? Very likely not. Let's assume that bitpay and coinbase did not increase in 2014, which is 100% wrong. Overstock, a US online retailer, Dell, a global PC retailer, and Xindan, a US e-commerce channel, announced in 2014 that they had accepted bitcoin payment, so the real amount could be several times higher. In addition, no one can store bitcoin and counterfeit coins at all. Therefore, this achievement is likely to be far lower than the low bound of the actual quotation, but it also gives us a general idea of where the equilibrium point of the market can exist, and the current bitcoin quotation is actually unsustainable.
generally speaking, the value of money depends on its activity: the central bank prints a lot of money and puts it into the economy with high-speed monetary activity. Therefore, we find that if the value of money decreases, we will be more inclined to sell in the future, resulting in a further decline in the quoted price. This cycle will lead to a runaway effect
for bitcoin, there is no high speed activity of bitcoin. Only the speculative bubble burst, and the quotations get closer to the mall balance point. This leads to a humorous question: where is the balance? First of all, let's make some assumptions. If in the future, no one in the world will hoard bitcoin at all: no one believes that bitcoin will rise, but will only fall in the future. Therefore, in the near future, we will only purchase procts by purchasing just enough bitcoin. In this way, the quotation of bitcoin depends entirely on the demand (the amount of bitcoin that people spend on purchasing procts and services) and the supply (the amount of bitcoin that exists). We are going to test to set up a lower bound: there will be some conjecture data in it, so we are going to choose the more extreme (disappointed) data. Data results are relatively small, and are affected by many factors, but data results can let us roughly know the magnitude of the answer to the question. In addition, we have the same assumption that everyone has lost interest in all counterfeit coins: we only pay attention to the bitcoin quotation supported by the bitcoin demand brought by real procts and services, that is to say, we do not use the statistical data of business channels to count the demand
let's get started. It is an excellent representative of the total demand of bitcoin for procts and services. It is the total activity of coinbase and bitpay, the two largest bitcoin payment processors in the bitcoin instry. Of course, bitcoin for procts and services also occurs in other places (this does not include the bitcoin compensation paid by some companies). The total bitcoin traffic of these two payment processors can exceed 50% of the bitcoin demand in all bitcoin businesses: the service of all large-scale commercial bitcoin transactions is coinbase or bitpay
surprisingly, neither coinbase nor bitpay clearly revealed their detailed business data. Fortunately, we can make a reasonable and accurate guess about the implied meaning of some articles announced by them. For example, we know that bitpay's business volume in 2013 was $100 million, and we also know that its business volume in 2012 was $3 million. Bitpay was founded in 2011, so we can reasonably guess that the total business volume of bitpay at the end of 2013 will be at least $94 million. Coinbase didn't disclose similar data, but both sides made clear the detailed number of cooperative businesses: bitpay is "more than 30000 businesses", coinbase is "31000 businesses". If we assume that the average bitcoin business volume of each of the two payment processors is similar, then the revenue of coinbase and bitpay are very similar. Let's calculate according to this. They are all US $100 million per year, or the remaining 50% of bitcoin needs that do not flow through coinbase and bitpay will bring us $300 million per year. In fact, since it is almost certain that there will be a continuous increase in 2014, these figures are likely to be higher. Since it is difficult to evaluate the detailed increase, let's leave it alone and simply assume that it will be $300 million in 2014
according to the current quotation of bitcoin (US $474), the total value of bitcoin mall is about US $6 billion, so US $300 million only accounts for 5%. That is to say, 95% of the total demand for bitcoin is speculative. Therefore, our estimation of the lower bound of bitcoin price is 23 US dollars. At this moment, the natural market's strength will prevent the price from further falling
let's analyze the above achievements reasonably. Our approximate data comes from bitpay and coinbase's bitcoin traffic (2013), and the bitcoin traffic of the three major business channels is accounted for by the partners working in coindesk. The channel traffic of bitcoin business is mainly speculative business (and counterfeit money business), which can hardly represent the business needs of bitcoin brought by any procts and services. At the same time, the three major business channels in the world (Mt. GOx, bitstamp, btc-e) account for 93% of the total amount of bitcoin shopping malls, and 7% are not included. We think that it is appropriate for the real commercial bitcoin demand to account for 5%
but will bitcoin really fall to $23? Very likely not. Let's assume that bitpay and coinbase did not increase in 2014, which is 100% wrong. Overstock, a US online retailer, Dell, a global PC retailer, and Xindan, a US e-commerce channel, announced in 2014 that they had accepted bitcoin payment, so the real amount could be several times higher. In addition, no one can store bitcoin and counterfeit coins at all. Therefore, this achievement is likely to be far lower than the low bound of the actual quotation, but it also gives us a general idea of where the equilibrium point of the market can exist, and the current bitcoin quotation is actually unsustainable.
9. Let me explain it in two parts. 1、 What problems should be solved in supply side reform? 2、 What are the measures of supply side reform
first of all, the core problem of supply side reform is backward proction capacity
when we watch the news, we will find a contradictory situation: on the one hand, many news reports say that China's enterprises have overcapacity and its procts are seriously unsalable; On the other hand, Chinese consumers seem to have strong spending power (at least a few years ago), shopping in the world, luxury goods in France, electrical appliances in Korea, and even electric cookers and toilets in Japan...
therefore, the high-level judgment is that the problem facing China's economy is neither insufficient proction capacity nor insufficient consumption capacity, But the proction capacity is backward, can not meet the needs of consumers
this backwardness includes two aspects: first, the low level of proction leads to the quality and grade of procts can not meet the preferences of current consumers; Second, there is a problem with the proct structure, which does not match the demand structure (for example, consumers in the market need 1 million mobile phones and 200000 computers, while our businesses proce 200000 mobile phones and 1 million computers, which does not match the demand and supply)
in this regard, the measures taken by the top management can be summarized as "three elimination, one rection and one compensation": de capacity, de leverage, de inventory, cost rection and short board compensation
the following is an explanation
1, de capacity
to rece proction capacity is the most effective measure to reflect the idea of supply side reform. To eliminate some backward proction capacity, the key is to let those backward "zombie enterprises" withdraw from the market
what is zombie enterprise? In fact, they are mainly backward state-owned enterprises. The weak innovation ability and rigid thinking of these enterprises lead to the procts can not meet the market demand and long-term losses. Based on the normal law of market economy, if such enterprises do not seek transformation, they will graally go bankrupt and restructure, and this part of backward proction capacity will be eliminated< However, e to China's special national conditions, these enterprises were forced to rely on blood transfusion by the government and banks in the past. This kind of measure is very negative. On the one hand, these backward enterprises that should have been eliminated still occupy a lot of resources (site, equipment, raw materials, labor, capital, etc.), but they can not provide the procts needed by the society, which affects the economic efficiency; On the other hand, it wastes financial funds and brings bad debt risk to banks
therefore, an important task of supply side reform is to clean up these zombie enterprises. Those that can be revitalized can be revitalized, while those that cannot be revitalized can be withdrawn from the market.
first of all, the core problem of supply side reform is backward proction capacity
when we watch the news, we will find a contradictory situation: on the one hand, many news reports say that China's enterprises have overcapacity and its procts are seriously unsalable; On the other hand, Chinese consumers seem to have strong spending power (at least a few years ago), shopping in the world, luxury goods in France, electrical appliances in Korea, and even electric cookers and toilets in Japan...
therefore, the high-level judgment is that the problem facing China's economy is neither insufficient proction capacity nor insufficient consumption capacity, But the proction capacity is backward, can not meet the needs of consumers
this backwardness includes two aspects: first, the low level of proction leads to the quality and grade of procts can not meet the preferences of current consumers; Second, there is a problem with the proct structure, which does not match the demand structure (for example, consumers in the market need 1 million mobile phones and 200000 computers, while our businesses proce 200000 mobile phones and 1 million computers, which does not match the demand and supply)
in this regard, the measures taken by the top management can be summarized as "three elimination, one rection and one compensation": de capacity, de leverage, de inventory, cost rection and short board compensation
the following is an explanation
1, de capacity
to rece proction capacity is the most effective measure to reflect the idea of supply side reform. To eliminate some backward proction capacity, the key is to let those backward "zombie enterprises" withdraw from the market
what is zombie enterprise? In fact, they are mainly backward state-owned enterprises. The weak innovation ability and rigid thinking of these enterprises lead to the procts can not meet the market demand and long-term losses. Based on the normal law of market economy, if such enterprises do not seek transformation, they will graally go bankrupt and restructure, and this part of backward proction capacity will be eliminated< However, e to China's special national conditions, these enterprises were forced to rely on blood transfusion by the government and banks in the past. This kind of measure is very negative. On the one hand, these backward enterprises that should have been eliminated still occupy a lot of resources (site, equipment, raw materials, labor, capital, etc.), but they can not provide the procts needed by the society, which affects the economic efficiency; On the other hand, it wastes financial funds and brings bad debt risk to banks
therefore, an important task of supply side reform is to clean up these zombie enterprises. Those that can be revitalized can be revitalized, while those that cannot be revitalized can be withdrawn from the market.
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