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Own bitcoin

Publish: 2021-04-21 07:18:27
1. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. 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

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, 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
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
3. The above explanation is for reference only. 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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2.

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:

< UL >
  • 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

  • 3.

    1. Bitcoin by watching video

    coinbase, a bitcoin exchange in the United States, launched a project called "coinbase earn" two years ago. You can get various digital currencies by watching some blockchain or bitcoin knowledge videos, and then answering some multiple choice questions. This kind of virtual currency is similar to collecting wool and can earn hundreds of dollars in general. But you have to register as a user first

    2. Bitcoin loans earn interest

    if you already have some bitcoin, you can earn bitcoin interest by borrowing. You are like a bank, lending your bitcoin to another person at a certain interest rate. Because the market is not regulated, interest rates are usually much higher than standard bank rates, which means there is potential for high returns. But there are also risks. What if the other party doesn't pay you back? Therefore, we need to choose some third-party P2P intermediary platforms to borrow, such as blockfi, NEXO, btcjam, bitbond, etc

    3. Get bitcoin by doing tasks

    everyone has more or less come into contact with some online earning platforms. You can register an account on the online earning platform, and then do some small tasks to get a few cents' income. These tasks include registering an app account, downloading an app, and so on. Bitcoin can also be obtained by doing tasks, which is the simplest way to get bitcoin. That is to say, the revenue from bitcoin is not much, and it is time-consuming

    4. Take bitcoin for watching ads

    some websites encourage users to watch ads or click on ads, and then pay users bitcoin as a reward. In fact, this is also a task of the nature of the site, your task is to go to other sites to see advertising or click advertising. At present, the well-known task publishing platform is ads4btc, which allows users to watch ads for 5 seconds, 10 seconds or 20 seconds, and then users earn bitcoin rewards

    but the reward is very low. According to the price offered by ads4btc, if you watch ads all day, the income will not exceed $10, so it may not be a feasible choice for most people. Unless there is a cheating machine, it can replace you in advertising

    5. Bitcoin faucet

    bitcoin faucet is the most popular way to collect wool in coin circle. In December 2010, in order to let more people know and try to use bitcoin, Gavin andresson, member of bitcoin core development team, bought 10000 bitcoins for $50 and created a website called "bitcoin faucet". At that time, as long as you visit this website, you can get five bitcoins for free, which was worth about 5 cents at that time. This has a significant effect on people's acceptance of bitcoin

    4. mining as a miner

    to be a miner is to proce bitcoin with one's own computer. In the early client, the option of mining is still available, but it has been cancelled. The reason is very simple. With more and more people participating in mining, it may take several years for one to dig 50 coins, so miners generally organize a miner's guild to dig together. Specific mining methods, you can go online search

    as a businessman, you can buy coins g by miners with money, open an online shop to sell things and collect bitcoin, and even go to the exchange to speculate in coins. There are many websites providing bitcoin exchange services, which can be converted into almost any kind of currency. If you really don't know how to exchange, you can also come to laoan for help

    the difficulty of bitcoin mining is directly proportional to the amount of money that has been mined. The more difficult it is to mine, the more difficult it will be. After 20 million bitcoins are mined out in 2030, the remaining 1 million bitcoins will probably take decades to be mined out. And bitcoin has no central issuing authority, which is generated by network nodes through complex calculations. Anyone can run bitcoin software on a computer to make it. During circulation, enter the quantity 1 on the client software, then come to the other party's bitcoin address and sign with the payer's password. After that, the bitcoin is the other party's.
    5. At present, you can only buy bitcoin through the exchange or trading platform, although you may have heard of it in convenience stores, such as Taiwan's family & RLM; F‏ a‏ m‏ i‏ l‏ y‏ M‏ a‏ r‏ t‏ Or bitcoin & RLM; A‏ T‏ M‏( Fragrance & RLM; But there are trading platforms operating behind them

    the more famous trading platforms are: Fire coin network, & RLM; O‏ K‏ E‏ X‏, 58c‏ o‏ i‏ n‏, Chinese currency, etc

    finally, I would like to remind you that only the & RLM; B‏ i‏ t‏ c‏ o‏ i‏ n‏ It really belongs to me. No matter how much bitcoin you have on the trading platform / cloud mining platform, there is a risk of being stolen by hackers / platform failure. Please pay attention

    bitcoin is still an emerging financial proct under development, and its price will fluctuate greatly. Please do what you can.
    6. 1. Use the blockchain security technology testing center to see if it is MLM or air money; 2. Look at the team of blockchain project; 3. It is not only the concept of speculation, but also its application; 4. All communities have the attribute of autonomy. The blockchain projects of Buka instry are in place, which is a good choice.
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