BTC City

BTC means bitcoin

BTC (business to customer)

also known as B2C, e-commerce according to a classification of trading partners, that is, commercial institutions to consumers of e-commerce. This form of e-commerce is generally based on the network retail instry, mainly with the help of the Internet to carry out online sales activities

because this mode saves the time and space of customers and enterprises, and greatly improves the transaction efficiency, especially for busy office workers, this mode can save valuable time

two BTB (business to business)

also known as B2B, refers to a kind of Internet market, which is the marketing relationship between enterprises. It combines the intranet with customers through B2B website, and provides better service for customers through the rapid response of the network, so as to promote the business development of enterprises. In recent years, B2B develops rapidly and tends to be mature

three otos (online to offline)

also known as o2o, namely "online to offline". The core of the business model of oto is very simple, which is to bring online consumers to real stores, pay online to buy offline goods and services, and then enjoy offline services

extended materials:

e-commerce is a business activity with information network technology as the means and commodity exchange as the center; It can also be understood as the activities of trading activities and related services in the form of electronic transactions on the Internet, intranet and value-added network. It is the electronization, networking and informatization of all aspects of traditional business activities

e-commerce usually refers to a wide range of business and trade activities all over the world, in the Internet open network environment, based on Browser / server application mode,

buyers and sellers do not meet each other to carry out a variety of business activities, to achieve consumer online shopping, online transactions and online electronic payment between merchants, as well as a variety of business activities, trading activities Financial activities and related integrated service activities are a new business operation mode

governments, scholars and business people in various countries have given many different definitions according to their own status and different angles and degrees of participation in e-commerce. E-commerce is divided into ABC, B2B, B2C, C2C, B2M, M2C, B2A (B2G), C2A (C2G), o2o, etc

since October 1, 2018, the Ministry of finance, the State Administration of Taxation, the Ministry of Commerce and the General Administration of customs have jointly issued the new regulations on tax exemption for e-commerce export enterprises in the comprehensive pilot zone of cross border e-commerce

The impact of the okex incident on the currency market is fading; With the US election becoming increasingly white hot, the difficulty and hash rate of bitcoin are higher than before

in terms of price, so far, BTC has rushed to around us $11720, with a 24-hour increase of more than 2%

so the question is: where will bitcoin go in the next week

here are five factors that may affect the BTC price trend in the coming week

No.1 US macro level: election and stimulus plan this week, the US is the absolute focus of the macro market. The US presidential election will soon usher in a decisive moment (November 3)

analysts warn that if the Democratic Party (Biden) wins, the dollar will depreciate - and the long-term outlook for the dollar is already precarious. Goldman Sachs said last week that Trump's re-election was not enough to get the dollar out of danger

however, no matter what the election result is, professionals recommend buying gold as a hedge. However, in the view of others, bitcoin may bring more profits

six month chart of US dollar currency index. Source: tradingview

at the same time, not only the election, but also what happened before is also a topic of interest. Specifically, a coronavirus stimulus plan was in place before polling day

No.2 Europe suggests more intervention

with the outbreak again, the European Central Bank (ECB) is considering further measures

European Central Bank President Christina; In an interview with Le Monde on Monday, Lagarde said the European Central Bank would use more financial instruments if necessary

the European Central Bank's coronavirus stimulus program has purchased a total of 1.5 trillion euros of assets

brexit is increasingly moving towards "no agreement" brexit, which makes the possibility of instability worse

No.3 the fundamentals of bitcoin have reached a new high

recently, bitcoin has maintained a strong resilience in the face of various black swan events. Influenced by okex, BTC recently dropped below $11200, but recovered steadily soon. So far, it has exceeded $11600

and on the technical level, the fundamentals of bitcoin also maintained a record strength this month

two days ago, the difficulty of the latest adjustment increased by 3.5% than expected

at the same time, the hash rate also climbed to a record high on Monday. At the time of publication, the estimated computing power for mining is 146 exahashs (EH / s) per second

as often reported in the media, the popular theory is that the price follows the hash rate, because the long-term investment prospect of bitcoin is better than ever before

bitcoin 7-day average hash rate 1-month chart

No.4 analysts focus on $12000 BTC price breakthrough

for famous analyst Micha & # 235; For Lvan de Poppe, the key price conversion of bitcoin is becoming more and more reasonable

in his latest video update on Sunday, he stressed that the significant resistance level of weekly closing price below US $12000 for several consecutive years will soon end

Van de Popper believes that since the beginning of the bear market in early 2018, US $12000 has become the rejection point of the weekly chart, but the consolidation below cannot last forever

he concluded: "we are likely to rebound to the range of US $16000 to US $17000, because this is the obvious level and the last obstacle for bitcoin to begin to break through the all-time high."

after this move, there will be another consolidation period, which may last longer than the current period

van der BOPP added that he advised viewers to work hard to accumulate bitcoin, even in the $16000 range

BTC / USD 7-day price trend chart. Data source: coin360

No.5 market sentiment: greed is back

with the graal strengthening of prices, investor sentiment is also changing: data shows that investor sentiment is becoming more and more greedy. In the latest market data, the fear and greed index has returned to the "greedy" area, rising slightly from "neutral" in the past week

this indicates that bitcoin investors' emotional expectations will be bullish, but it should be noted that if the price rises too fast, "greed" will become "extreme greed", in which case the index is more likely to callback

1. BTC: chemical vocabulary

BTC is the abbreviation of (Trichloromethyl) carbonate. It is the abbreviation of a chemical substance, mainly composed of carbon, chlorine and oxygen. The chemical formula is c3cl6o3, which can be used as the substitute proct of highly toxic phosgene and diphosgene in the synthesis

BTC refers to BTC Yingqun enterprise from Taiwan, China, which is a large-scale high-tech enterprise developing and procing keyboard, mouse and recorder. BTC is famous for procing high-quality computer peripherals. BTC is the OEM keyboard and add-on card proced by famous brand EMPREX, ranking first in Taiwan, especially the third in the world

BTC (buttress thread coupling), full name of partial trapezoidal thread coupling, is an API standard thread connection type, which is commonly used in the connection of petrochemical pipes or tools, such as floating collar, guide shoe and pipe shoe used in cementing operation

5, BTC: e-commerce mode

BTC (business to customer) e-commerce is one of the categories of e-commerce by trading partners, that is, e-commerce of commercial institutions to consumers. This form of e-commerce is generally based on the network retail instry, mainly with the help of the Internet to carry out online sales activities. BTC is also known as B2C, B2C mode is the earliest e-commerce mode in China

Bitcoin core wallet is the most complete and secure wallet on the market, and it is also the earliest bitcoin client. However, e to the huge volume of blockchain data file (blockchain) that needs to be loaded in the proct and slow startup, it will be troublesome for novices to start

bitcoin wallet

a wallet usually has multiple private keys, and many bitcoin investors also have multiple wallets. Wallets can be placed on computers and / or mobile devices, on physical storage devices, or even on paper

e-wallet - e-wallet can be downloaded software or hosted in the cloud. The former is just a format file that exists on your computer or device to facilitate transactions. Hosted (cloud based) wallets usually have a more user-friendly interface, but you will trust a third party with a private key

software Wallet - installing a wallet directly on your computer can provide you with the security of your control key. Most have relatively simple configurations and are free. The disadvantage is that they do require more maintenance in the form of backup. If your computer is stolen or damaged, and your private key is not stored elsewhere, you will lose bitcoin

Mobile Wallet - mobile wallet can be used as an application for smart phones, especially if you want to pay with bitcoin in the store or buy and sell on the road. All of the online wallets mentioned above and most of the desktop wallets have mobile versions, while others (such as Abra, airbitz and bread) are created with mobility in mind

Hardware wallets - hardware wallets are small devices that are sometimes connected to the network for bitcoin transactions. They are very secure because they are usually offline and therefore cannot be hacked. However, they may be stolen or lost along with bitcoin belonging to the stored private key. Some large investors keep their hardware wallets in secure locations, such as bank vaults. Trezor, keepkey and ledger and the case are obvious examples

paper wallets - perhaps the simplest of all wallets, these are all paper with the private key and public key of the bitcoin address printed on it. These wallets are ideal for long-term storage (obviously, away from fire and water) or as a gift of bitcoin, because they are not connected to the network, so they are more secure. However, they are more likely to be lost

with services like walletgenerator, you can easily create new addresses and print your wallet on the printer. Fold, seal, and you're done. Send some bitcoin to the address and store or distribute it safely

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