Bitcoin has price but no market

1. 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
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
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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 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

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html

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.

Bitcoin is just like the currency in the game, but no one releases bitcoin. Instead, it relies on a specific algorithm to generate , so now people looking for bitcoin also call themselves miners, but they rely on computers to mine

the rise of bitcoin is e to the restructuring of global risk assets , and the widening of investment channels for encrypted assets . Since the beginning of this year, the volatility of securities and foreign exchange markets has intensified, and global investors are looking for safe assets. Traditional safe asset gold is more dependent on the real economy and inflation expectations, Bitcoin is more like a sensitive index, gaining a certain asset hedging advantage

5. 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.

6. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency

7.

Bit / S is the unit of information transmission rate. Symbol transmission rate is also called molation rate, waveform rate or symbol rate. A symbol does not necessarily correspond to a bit

symbol:

in digital communication, symbols with the same time interval are often used to represent a binary number. The signal in such time interval is called binary symbol, and this interval is called symbol length

symbol

is a sinusoidal carrier [its length is the symbol length] used to represent a certain phase or amplitude value of a digital code type [different bits correspond to different keying molation modes]

symbol rate is the conversion rate of carrier signal parameters (such as phase), which is actually the change rate of carrier state. The higher the symbol rate is, the higher the transmission rate of the response is. However, the higher the spectrum component in the signal is, the wider the bandwidth is occupied

baud rate

is the molation rate or symbol rate, which refers to the baud number per unit time after the signal is molated, that is, the number of carrier parameter changes (phase or amplitude) per unit time. It is a measure of signal transmission rate, usually in "baud per second" (BPS)

extended materials:

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

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 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

8. The main reason is that the original design of bitcoin did not consider a unified open trading platform, and each country and Region adopted the spot trading mode of independent fund custody for the transaction. At present, the United States saw the opportunity for this transaction to seize the right to speak, and has begun to carry out bitcoin futures trading mode, as long as there is such a trading mode in the transaction, As long as the price of international bitcoin does not disappear, it will be graally unified.

9. 58c & RLM; O‏ I‏ N‏ Take the stock exchange as an example; B‏ T‏ C‏ U‏ S‏ D‏ T‏ The latest transaction price is $12000. If you want to buy at a cheaper price of $11900, you need to set a limit price of $11900. When the price falls to less than or equal to $11900, you will automatically buy; On the contrary, if the market price is $12000 and you set a limit price of $12100 to buy, then according to the "buy low" principle, the system will immediately trade at the market price of $12000. Because the $12000 price limit is more "beneficial" to users than the $12100 price limit.