The market price of bitcoin

1.

By the end of July 2020, bitcoin is now 98 yuan

the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which records how much bitcoin you have on it. You can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated

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whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses always focused on whether bitcoin was a scam. Now the analysis is always focused on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin

many bitcoin players are attracted by the fact that bitcoin can not be issued at will. The attitude of bitcoin players is quite the opposite, and the attitude of economists is polarized compared with the fixed amount of 21 million bitcoin

2. 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 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: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
the above explanation is for reference only. 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
investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: January 12, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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3. Bitcoin soared to around 13500 today. The pressure of this position is very strong. It is an important watershed between long and short. To break through the key pressure, but the trading volume has not been significantly enlarged. Therefore, the probability of continued high volatility is higher&# 8203;
bitcoin's fluctuation space is narrowing, which indicates that bitcoin's performance is not strong when facing pressure breakthrough. Recently, the closing price of bitcoin rose slightly, indicating that the inertial rebound ring the sharp rise in price on October 21 still exists&# 8203;
at the same time, considering the lack of willingness of bull pull, the number of active addresses has been significantly withdrawn in the short term. At present, bitcoin may need to adjust the trading day before it will continue to expand its rise&# 8203;
recently, bitcoin is strong, while Ethereum is weak. I plan to buy bitcoin for many times and Ethereum for short selling.

4.

Strictly speaking, there is no issue price for bitcoin. In 2010, a programmer bought a pizza with 10000 bitcoins, the first bitcoin deal

bitcoin does not rely on a specific monetary institution. 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 money circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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

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principle

starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique. In the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote

and the process of mining is to constantly seek the special solutions of the equations through huge amount of calculation. The equations are designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

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. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client

after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost

network bitcoin

5.

The price of bitcoin changes

the figure below shows all the price changes of bitcoin. It can be seen from the figure that bitcoin can only be traded in 2013, and the price is about 700 yuan. Up to now, the price of bitcoin is about 44800 yuan, an increase of n times

both sides of virtual currency transaction need bitcoin wallet and bitcoin 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

at present, bitcoin can be traded in the market by legal currency or virtual currency

6.

< EM > at this time today, the price of bitcoin is 2349 yuan, and the price of each platform is true

< EM > at present, there is a way to make money: it is called moving bricks. That is to buy bitcoin from cheap platforms and sell it on expensive platforms

< EM > to emphasize: never play bitcoin futures. Bitcoin will not collapse for the simple reason that there is an instry around bitcoin. If you want to know more about bitcoin, you can follow the microblog "things about bitcoin". This microblog is very good, and bitcoin news updates quickly

< EM > James (investors holding 5-digit bitcoin) < / EM >

7. The recent trend of bitcoin market can be described as "overwhelming". After breaking through $50000, bitcoin did not stop rising. In the early morning of February 20, bitcoin hit a new record high, rising to above $56000, and its total market value reached $1 trillion

in fact, this is not the first time that bitcoin has been on the hot search e to "soaring". As a kind of investment choice for emerging assets, bitcoin also has some risks, which are mainly manifested in the sharp fluctuation of price. Before the arrival of the lunar new year, bitcoin has also been repeatedly downplayed by institutions e to the sharp fall, which can be called a roller coaster like market stimulus for bitcoin holders

in fact, for ordinary traders, e to their limited capital scale and risk-taking ability, it is better to determine a scientific portfolio according to the actual situation rather than to be affected by the rising trend of bitcoin market in a certain period of time.

8. The market price of bitcoin has reached more than US $10000, with a value of more than RMB 70000, and the price will continue to rise in the future. Specific information can be viewed on the third-party market platform. Bitcoin is an investment proct with high risk and high rate of return, so investment should be cautious.

9. Now bitcoin is plummeting. Bitcoin fell 10% today to $10184.77. Compared with the previous $12000 or more, it is still down a lot
however, the fluctuation of bitcoin is very big. Some analysts said that the price of bitcoin may return
you can go to coin easy to have a look and learn more about the coin circle.

10.

On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece

for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money

affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%

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experts said that the slump is a normal phenomenon:

"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks

according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23

William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "