Is bitcoin a coin

1. bitcoin is a kind of virtual currency, which is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged in the world
reference link: http://wuhan.pbc.gov.cn/wuhan/2929354/3393665/index.html

2. Bitcoin is a virtual currency. The concept of 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.

3. 1. Popularization of basic knowledge of bitcoin
bitcoin is a kind of P2P digital currency. Bitcoin is not issued by specific currency institutions, it is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. 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. Bitcoin is a kind of network virtual currency with limited quantity, similar to Tencent's q-coin, but can be used for cash: it can be converted into the currency of most countries. 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 has no more than 10.5 million in the first four years, and the total number after that will be permanently limited to 21 million. Another point is that you can use computers to make bitcoin. This is also the saying that there is bitcoin mining at present. In 2008, the global financial crisis broke out. At that time, someone published a paper under the pseudonym of "Nakamoto Tsung", describing the mode of bitcoin. This process can be understood as follows: every 10 minutes, a locked treasure chest will appear in the world, which contains a certain number of bitcoin. Who has the ability to open the treasure chest can get the wealth in the box.. In 2009, bitcoin, which is not controlled by the central bank and any financial institutions, was born. Bitcoin is a kind of "electronic currency", which is composed of a series of complex codes generated by computer. New bitcoin is manufactured through preset programs. With the increase of the total amount of bitcoin, the speed of new coin manufacturing slows down. Until 2140, the total amount of bitcoin reached the upper limit of 21 million, and the total amount of bitcoin g up has exceeded 12 million. Compared with legal tender, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can mine, buy, sell or collect bitcoin, And in the transaction process, foreigners can not identify the user's identity information. The distributed characteristics of P2P and the design of no central management mechanism ensure that no organization can manipulate the value of bitcoin or create inflation< There are two sources of bitcoin, one is mining, the other is trading
bitcoin Mining:
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. Bitcoin mining is becoming more and more difficult. Some time ago, we could dig one in a few days. In the future, we may dig one in a few weeks or even longer. What kind of mining is used? After certain settings, your "computer" is a miner, let it help you dig bitcoin
bitcoin Trading:
there are many online bitcoin trading institutions at home and abroad, which accept the exchange of bitcoin and legal tender. Among them, Mt. GOx is the earliest and most powerful bitcoin trading platform, which was established in Japan in 2010. Bitstamp and btc-e are the other two big foreign exchanges. There are also a large number of trading platforms in China. For example, btcchina (bitcoin China), founded in June 2011, is the first trading platform operating in China (the largest in China), and also the top three corporate trading platform in the world. In addition, since 2013, a number of emerging bitcoin trading platforms have emerged, such as btc360 (bitcoin 360)
3. Others
at first, the price of bitcoin, which only sold for 5 cents, once hit US $266, but after a few days, it dropped sharply to US $40. It is worth noting that in the recent round, bitcoin soared to more than US $1000, equivalent to RMB 7588.88 (bjtime20131130am10),. A large part of the reason is the power of the Chinese people. On the afternoon of December 5, 2013, the central bank issued the notice on preventing bitcoin risks, in which the central bank said that bitcoin is not a currency, but a virtual commodity. In addition, financial institutions and Payment institutions are not allowed to carry out business related to bitcoin. The release of this content undoubtedly has a significant impact on the market price of the special currency. As for the future, I want to use a classic slogan to describe it: everything is possible! Let's see... After all, it's a popular post. That's about it. If you want to know more about it, there are many related introctions on the Internet
bitcoin China
https://vip.btcchina.com/
bitcoin real time quotation
http://info.btc123.com/index_ Btcchina. PHP
Article source
http://user.qzone.qq.com/740046996/blog/1386598947

4. Different stocks are going up because of their good performance, that is to say, the strength of the company is improving and becoming more and more valuable. Virtual currency is going up because it is as rare as stamps. One hundred sets of this one is not available, so it's expensive. But the question is, does anyone accept the offer? In case there are many virtual currencies coming out tomorrow, XX currency, XXX currency, that is, the number of bitcoins is certain It's not like gold. There's so much gold. But virtual currency is virtual code. It says that writing can write gold. Can you make it more? So virtual currency is not the mainstream, but the most auxiliary thing. The value is not too high. Don't think that people are good when they buy. People follow too much. In the past, Auntie was crazy when she bought gold. Now why is she rational Money ah, stocks, migrant workers have bought stocks, and now how not to buy or lose money, real estate is also the same, and so many years after the collapse will be rational

6.

Take the subway to Chenggong's

bus line: Metro Line 1, the whole journey is about 29.4km

1, walk about 1.2km from Kunming station to Huancheng South Road Station

2, take Metro Line 1, pass 16 stations, and then reach the University Town Station

3, walk about 1.7km, Arrive at Chenggong University Town

Chenggong district is one of the five city districts of Kunming City in Yunnan Province, and is the resident of Kunming Municipal People's government. Covering an area of 461 square kilometers, the district government is located in Longcheng street. As of 2013, the district has 10 sub district offices and 65 community neighborhood committees“ Chenggong "is Yi language, which means" Haiwan Bazi rich in rice "

in 2012, the total population of Chenggong district was 350000, and ethnic minorities accounted for 7.35% of the total population. In 2012, the GDP of Chenggong district was 10.72 billion yuan, and the three instrial structures were adjusted to 5.4:46.1:48.5

Chenggong is a famous flower and vegetable proction base in China. Chenggong is known as "the first flower County in China" and "Dounan flower" has won China's famous trademark

7. 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
to put it simply, it is a kind of virtual currency

8. It's not a coin. The concept of 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.

9. It's made for fun, not real money.