Bitcoin speculators
bitcoin is a kind of P2P digital currency
reasons for blocking:
1. Vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
The transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed The price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading4. The public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless
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 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. 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 millionbitcoin 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
10 coins a day,
6.5 coins can be traded,
3.5 coins are automatically re invested,
a gold coin is equal to 1 RMB
when the reinvestment reaches 1000, the system will automatically add another mint, and then there will be two mints to help you make money, two of which will pay dividends of 20 coins a day,
and so on, three years later 128000
it's just a static income from the market. If we do marketing, we will have a lot of money!!! If you only invest a single 1000, it will be a mint at the beginning and more and more at the later stage. That's how circular compound interest comes. This is how money can help you make money. Compound interest is powerful! Do dynamic development, a few people will make money faster, there are all kinds of bonus to take, not just every day bonus money<
static:
a mint of 1000 yuan can proce 10 coins a day,
65% of them, that is, 6.5 coins, accumulate to 100, which can be sold and cashed into RMB,
the other 35% of them, that is, 3.5 gold seeds, accumulate to 1000, and automatically buy a new mint, which can proce 10 more gold coins a day
for example,
each Mint has a total of 2000 coins, of which 1300 coins can be cashed, 700 were converted into gold seeds
you can choose to convert one to 100 gold coins initially generated into cash to recover the cost first
of course, there are people who do not cash at the beginning, but adopt the method of re investment, that is, when there are 1000 gold coins in 75 days, the gold coins will be turned into gold seeds by manual operation. At this time, a new minting machine will be added automatically, and the proction capacity will double to 20 yuan per day, 30 yuan after 38 days, 40 yuan after 25 days, 50 yuan after 19 days, 60 yuan after 15 days, After 13 days, 70 yuan, after 11 days, 80 yuan, after 10 days, 90 yuan, after 9 days, 100 yuan, after 8 days, 110 yuan, that is to say, after 270 days, 190 gold coins can be proced every day, and after one year, 650 gold coins can be proced every day. Of course, it's actually faster because there are other bonuses
above (dect 50 yuan / household network maintenance fee per year) wx790095781
blockchain is a technology implementation of distributed storage based on cryptography, and its significance is to ensure the security and reliability of information circulation process, but blockchain is not absolutely perfect, it depends on many factors
the benefits of blockchain. It has to be said that as a supplement to the social credit system, blockchain has natural advantages
1. Smart contract, which is the foundation of blockchain platform. With the help of smart contracts, rules can be applied safely when dealing with transactions. They can be used to automatically perform verification steps to encode conditions previously contained in signed physical contracts
2. Distributed storage, distributed storage system, is to store data in multiple independent devices. Traditional network storage system uses centralized storage server to store all data. Storage server becomes the bottleneck of system performance and the focus of reliability and security, which can not meet the needs of large-scale storage applications
3. The pursuit of capital and the pursuit of profit by capital are just like Satan's hell fire burning all the evil sources. The greed of capital will surely threaten all the hype concepts and reap the green of leeks. Good capital injection can also bring back the rapid development of the instry
"blockchain is the most popular fintech (Financial Technology). This innovative technology from bitcoin is subverting the financial instry and our lives. In 2015, blockchain became the highest financing sector in US venture capital, breaking through US $1 billion. This kind of hot financing scene only appears in foreign countries“ Few people in China really understand blockchain technology, "said a senior practitioner. This is the reality. In China, most of the companies that are known as blockchain technology are unwilling to give up the dividend of bitcoin and still stay in the primary stage of currency speculation; The transformation of the financial sector, more in essence, is just speculation concept stocks; There are few people who sincerely do technology. "
"blockchain is the underlying technology of bitcoin, which solves the process of bitcoin from 0 to 1. At this stage, blockchain has become a high-frequency word in the big and small science and technology summit, and its popularity is no less than that of "o2o" in the previous two years. When people are discussing blockchain, they are more concerned about how to use blockchain, and they have no doubt about the application value of blockchain. " Blockchain is a decentralized trust mechanism. In the past, blockchain was mainly used in bitcoin. Until the last half year, blockchain has graally started to have some other applications, especially in the financial field
blockchain is a technical solution to maintain a reliable database collectively through centralization and distrust. Generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems. You can think of the database as a big ledger. So it's very important who keeps this account book. At present, whose system will keep accounts, wechat's account book is Tencent's account book, and Taobao's account book is Ali's account book. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there is any data change in a certain period of time, everyone in the system can conct bookkeeping. The system will judge the person who has the fastest and best bookkeeping in this period, write the content of his records into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. This way, we call it blockchain technology
bitcoin is one of the most successful applications of blockchain technology. Specifically, the blockchain is a series of data blocks generated by the use of cryptography Association, and each data block contains the information of effective confirmation of multiple bitcoin network transactions. The structure of blockchain storage data is a chain composed of "storage blocks" on the network. Each block contains all the information exchange data in the network within a certain period of time. Blockchain is the underlying technology of bitcoin, but its role is not limited to bitcoin. Through cluster or cloud mode operation, the nodes can expand horizontally, and continuously improve the overall network performance based on benign competition
bitcoin has no legal compensation and compulsion, and its circulation range is limited and unstable. Bitcoin also has strong substitutability, so it is difficult to be a general equivalent. No matter how skillful the blockchain technology is, it is impossible to proce a national currency, and the mass investors should not follow suit.
I think the vast majority of bitcoin's 800 million yuan should have gone into the pockets of some capitalists, and the remaining few went into the hands of those investors who speculated correctly in my opinion, bitcoin is more like a bubble economy. It is a game between capitalists and capitalists. Because even if the bubble breaks, they have plenty of means to come out, but for us, these small shareholders are different. p> Therefore, as users, we still need to be more rational to look at these things. The sky won't drop pie for us to pick up. We still need to focus on the present. We can't always look down on those castles in the air< the most important thing is to do what you do now
I think it is closely related to the whole market, especially the stock market. There is a saying that pigs can fly when they stand on the air, and vice versa< in this instry, bitcoin is the top 1, and the leading tycoons have lost the key price. What's better for the younger brothers who follow him to beg for food and stay warm? Naturally, they are like dominoes
however, I think the high leverage trading risk provided by bitcoin to investors is really high, which itself allows investors to finance 10 times and 20 times. At one time, it even reached the super currency leverage of 50 times< therefore, in the event of such a death style short attack, investors will be in an awkward situation and face a dilemma of "fight left and right". Therefore, it is suggested to be more cautious when investing in such things