How many bitcoin players

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

extended materials:

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

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3.

There are only 21 million bitcoins

"graphics card mining" is a joke. In fact, it is running a specific algorithm to generate bitcoin through a large number of calculations

{rrrrrrr}

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. 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

4.

The concept of 21 million

bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, 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

bitcoin is not issued in unlimited quantity, which is different from most currencies. Bitcoin does not rely on a specific currency issuer. But according to the specific algorithm, through a large number of calculations. Its circulation is controlled by software algorithms. The total number is 21 million

extended materials:

generation 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 infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique[ 10] In the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is 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 distribute a private key and a public key. You need to back up your 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

5.

Let's start with a simple conclusion: a year ago, the data showed that there were about 500000 BTC

two American brothers, Cameron winkleworth and Taylor winkleworth, claiming that they owned 1% of bitcoin [1] 1% of the world's bitcoin? At present, the total amount of bitcoin in the world is about 12 million, that is to say, the two brothers hold about 120000 bitcoins< maybe you don't think it's worth much, but note that the starting price of bitcoin for these two people is less than $10 / bitcoin

Please note that entities are used instead of people. In the analysis method of this paper, bitcoin wallets that may belong to the same owner are divided into the same entity, which may be not only a person, but also a trading organization like Mt. GOx in addition, through the analysis of the most active entity table given in this paper, the income of the people with the most income (excluding expenses) is less than 700000 BTC. In other words, the person with the most bitcoin will hold no more than 700000 bitcoins. How many people in the world own bitcoins? The paper concludes that as of May 13, 2012, 1.85 million entities hold bitcoin. If we assume that bitcoin users have grown linearly since the advent of bitcoin (January 2009), the current number should be 2.5 million. Because the number of entities is counted on paper, the actual number of bitcoin holders should be a little less than this number, but not much smaller, because after all, there are not many large trading platforms

In addition to the above two problems, [3] also gives many interesting conclusions, such as:

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about 55% of bitcoin can be saved without money

in places like GOx mountain, almost all deals are small ones

before May 2012, almost all large single transactions (& gt; 50000 BTC) are subsequent transactions of 90000 BTC on November 8, 2011. There are very strange patterns in this long list of transactions. For example, an entity divides 90000 BTCs into different sizes, sends them back to itself three times, and then sells them on Mt. GOx. 90000 BTCs sold are sent back to the entity through 90 different bitcoin addresses, with 1000 bitcoins per address. These operations indicate that the entity appears to be trying to hide the relationship between these transactions

6.

Since the birth of bitcoin, its price has risen from a few cents to a maximum of $20000. Although it has dropped a little, it has soared to $18000. This price surprised many people. Why is bitcoin such a virtual digital currency so valuable< the quantity of bitcoin is limited, so the price is relatively expensive. Because bitcoin can be anonymous, many people use bitcoin to hide property or trade. The speculation of bitcoin players leads to the high price of bitcoin Bitcoin is a decentralized virtual digital currency, and bitcoin is generated based on algorithm, so the total amount of bitcoin will not exceed 21 million, and with the increase of mining population, bitcoin will be less and less, so the price of bitcoin is more expensive than other virtual currencies{ RRRRR}

the reason why bitcoin is valuable is that it has replaced part of the currency function and some people have speculated. If you have any other opinions, please leave a message to discuss

7. As for how many people are playing bitcoin, it's not clear. There should be millions of players in China, and hundreds of thousands of active players
only a few people make money by playing bitcoin. Most of them are either covered with quilts or cut their flesh and go away, becoming leeks. But most people who invest in the long run make money. Because the price of bitcoin is rising on the whole. It's not easy to count how many people make money
the domestic digital currency, Puyin, is very active in the domestic trading market, and there is even a special trading zone in jucoin.com.

8. Only players, China's definition of bitcoin as a commodity, can not be paid as wages
there are three kinds of players:
1. Mining (procing bitcoin)
2. Investment (buying low and selling high to earn price difference)
3. Around bitcoin (such as procing mining machine to sell money, repairing mining machine to earn money, mining supporting business to earn money, etc.)

there is another kind, which belongs to the second category, but has a broad vision. It's the international pound. For example, the value of bitcoin in India is much higher than that in the world recently. Some people buy it in the world and sell it in India.

9. The number of bitcoin is too small to circulate on a large scale in society. Moreover, its existence is not guaranteed by the national credit, but based on the trust between bitcoin players, so the credit of this "currency" is relatively low. Moreover, the small number of bitcoin, and too concentrated in the hands of a few big players, leading to its price is very unstable. This is basically not money. Because as a general currency, an important prerequisite is price stability, otherwise the economic order will collapse.

10. Bitcoin has been suppressed, so there may be fewer people doing it