Lettercoin fool
Publish: 2021-05-01 01:35:24
1. Dog coin has been controversial since its birth. Some people say it is the most popular competitive coin, while others say it is a joke
in fact, virtual coin players with a little common sense all know that dog coin has the following fatal defects:
1. First of all, the code of doggie coin is completely copied from Leyte coin. The wallet of doggie coin in the early days has LTC words; Secondly, the founder of dogcoin left the development team in April 2014 and announced twice to quit dogcoin community; Thirdly, up to now, dogcoin still does not have a stable development team. Most of the online volunteers who joined dogcoin development team in the early days have quit. After the founder of dogcoin announced to quit dogcoin community again in March 2015, the development work actually stagnated
2. Dog money has no support of calculation power, that is to say, it has no real value, and its price performance is purely the result of speculative market game. In September 2014, in view of the collapse of computing power, doggy coin abandoned the mining mode and implemented auxpow, that is, to give doggy coin to any mine pool supporting this mechanism. This means that dog money is no longer the object for miners to profit from mining by purchasing equipment. The reason why the mine pool chooses to support dog coin is to get free dog coin< 3. There is eternal inflation. Under the background that most virtual currencies choose a fixed total amount, dog coin is set to increase by 5.2 billion every year, which makes it face serious inflation pressure. Because the new dog coin is given to the mine pool for free (the gift mechanism may be cancelled at any time), the miners will not have any feelings for the dog coin, they will only sell all the new mines. Inflation setting is an innovation of the founder of dog coin, but it completely violates the pricing principle of virtual coin: that is, under the premise of fixed total amount, through periodic halving, let the computing power and price reach a balance, so as to form a reasonable pricing mechanism. Dog money does not abide by the principle of fixed amount, and now even the computing power has been given up, indicating that it is not a standard virtual money
4. Illegal use of the logo registered by ultra Pro company may be prohibited at any time. As we all know, the dog coin borrowed the well-known Chaigou's head picture from the Internet. The "foundation" established a year later claimed to be trying to rush to buy Chaigou's head picture. The effect was just to comfort the fans. At present, ultra Pro company tacitly allows dog coin to borrow its logo, but it may be withdrawn at any time
5. Chinese speculators have completely dominated dog currency trading, and the trading volume of domestic exchanges accounts for 90% - 95% of the global total. It can be said that dog coin has been fully accepted by the Chinese, and the degree of nationalization is far higher than bitcoin, reborn coin, bitstock, and even higher than Leyte coin. The terrible thing is that Chinese speculative market is seriously separated from foreign community culture. The Chinese controlled the trading volume and chips, but never went deep into the foreign community of dog coin. They not only did not participate in any development of dog coin, but also completely ignored the tip and charity culture of foreign dog coin. Chinese speculators regard foreign communities as "idiots" who constantly create favorable conditions. Foreign communities regard Chinese speculators as the cancer of price manipulation. This is the separation of the interests of speculators and currency experimenters, which is inexcusable and irreconcilable
6. At the price of 1%, the main value of 100 billion yuan is 100 million yuan, and the annual value of 5.2 billion yuan of new mines is 5.2 million yuan. In the off-season, the global daily trading volume of dog coin is only 100000-150000 yuan. In case of systemic risk and large-scale cash out of users, it is impossible to have enough funds to resist the current price. So, where did the money go? The answer is that most of the locked up funds have been taken away by miners, and there is no possibility that these funds will return to the dogcoin market. If you want to get rid of the powder, you can only make a false appearance and cheat the new people to add fresh blood.
in fact, virtual coin players with a little common sense all know that dog coin has the following fatal defects:
1. First of all, the code of doggie coin is completely copied from Leyte coin. The wallet of doggie coin in the early days has LTC words; Secondly, the founder of dogcoin left the development team in April 2014 and announced twice to quit dogcoin community; Thirdly, up to now, dogcoin still does not have a stable development team. Most of the online volunteers who joined dogcoin development team in the early days have quit. After the founder of dogcoin announced to quit dogcoin community again in March 2015, the development work actually stagnated
2. Dog money has no support of calculation power, that is to say, it has no real value, and its price performance is purely the result of speculative market game. In September 2014, in view of the collapse of computing power, doggy coin abandoned the mining mode and implemented auxpow, that is, to give doggy coin to any mine pool supporting this mechanism. This means that dog money is no longer the object for miners to profit from mining by purchasing equipment. The reason why the mine pool chooses to support dog coin is to get free dog coin< 3. There is eternal inflation. Under the background that most virtual currencies choose a fixed total amount, dog coin is set to increase by 5.2 billion every year, which makes it face serious inflation pressure. Because the new dog coin is given to the mine pool for free (the gift mechanism may be cancelled at any time), the miners will not have any feelings for the dog coin, they will only sell all the new mines. Inflation setting is an innovation of the founder of dog coin, but it completely violates the pricing principle of virtual coin: that is, under the premise of fixed total amount, through periodic halving, let the computing power and price reach a balance, so as to form a reasonable pricing mechanism. Dog money does not abide by the principle of fixed amount, and now even the computing power has been given up, indicating that it is not a standard virtual money
4. Illegal use of the logo registered by ultra Pro company may be prohibited at any time. As we all know, the dog coin borrowed the well-known Chaigou's head picture from the Internet. The "foundation" established a year later claimed to be trying to rush to buy Chaigou's head picture. The effect was just to comfort the fans. At present, ultra Pro company tacitly allows dog coin to borrow its logo, but it may be withdrawn at any time
5. Chinese speculators have completely dominated dog currency trading, and the trading volume of domestic exchanges accounts for 90% - 95% of the global total. It can be said that dog coin has been fully accepted by the Chinese, and the degree of nationalization is far higher than bitcoin, reborn coin, bitstock, and even higher than Leyte coin. The terrible thing is that Chinese speculative market is seriously separated from foreign community culture. The Chinese controlled the trading volume and chips, but never went deep into the foreign community of dog coin. They not only did not participate in any development of dog coin, but also completely ignored the tip and charity culture of foreign dog coin. Chinese speculators regard foreign communities as "idiots" who constantly create favorable conditions. Foreign communities regard Chinese speculators as the cancer of price manipulation. This is the separation of the interests of speculators and currency experimenters, which is inexcusable and irreconcilable
6. At the price of 1%, the main value of 100 billion yuan is 100 million yuan, and the annual value of 5.2 billion yuan of new mines is 5.2 million yuan. In the off-season, the global daily trading volume of dog coin is only 100000-150000 yuan. In case of systemic risk and large-scale cash out of users, it is impossible to have enough funds to resist the current price. So, where did the money go? The answer is that most of the locked up funds have been taken away by miners, and there is no possibility that these funds will return to the dogcoin market. If you want to get rid of the powder, you can only make a false appearance and cheat the new people to add fresh blood.
2. It's very reliable. I've been trading on okex, and the experience is very good. I didn't encounter any unpleasant problems. Once, I made a mistake in transferring currency. I called the customer service. The customer service attitude was very good, and the currency was found soon. I hope my answer can help you
3. What is bitcoin? What's the use of Internet? On the evening of the 12th, the computer blackmail worm named "eternal blue" broke out on a large scale in the world. It is said that "eternal blue" has spread to more than 100 countries, including Europe, the United States, China, etc. according to incomplete statistics, there are more than 1 million computers in the world, most of which are local area networks of universities and scientific research institutions. It is estimated that in the past 24 hours, about 150000 people have paid ransom to hackers through bitcoin trading platform. If this estimation is reliable, the amount of bitcoin that hackers have obtained is about 600 million yuan. If there is no accident, more people will pay ransom in the future. The amount of blackmail is estimated to be more than 10 billion! First of all, bitcoin does not belong to any country, indivial or organization. It is an uncontrolled and decentralized currency. Kun Peng made a search on it. In fact, bitcoin has been used as ransom in the early years. The method has not changed much. It's all encryption and blackmail. The person in charge of F-Secure, a network security company, once said that the encryption and blackmail software has become their biggest headache. Once the computer is infected, not only the hard disk drive is encrypted, but every file will be invaded. Although such incidents have emerged one after another in the past, it's only that they didn't have as much impact in the past as this one. Besides, people like to forget most, so they are not well known and it's normal. For example, around 2013, hackers began to extort bitcoin by illegally encrypting users' PC data and personal information. In 2014, an Australian executive was harassed by hackers after he paid $14000 worth of bitcoin ransom for malware under the pressure of online hackers. In 2015, hackers launched a third cyber attack on three Greek banks and demanded 20000 bitcoins (worth 7 million euros) as ransom from each of them. In 2015, the police department in tuxbury, Massachusetts, was attacked by hackers, resulting in the computer unable to log in. In order to prevent the loss of important data, the police station finally paid 500 bitcoin "ransom" as required by hackers. In 2016, a hacker hijacked the network of the Hollywood Presbyterian Memorial Medical Center through software, paralyzing the operation of the hospital. The hospital decided to pay 40 bitcoins, equivalent to about 17000 US dollars, as a "ransom" to the hacker Kunpeng believes that hackers choose bitcoin mainly because it has the characteristics of decentralization, globalization and anonymity like the Internet. Transferring bitcoin to the other side of the earth is as simple, low-cost and unlimited as sending e-mail. Bitcoin is therefore used in cross-border trade, payment, remittance and other fields. Moreover, bitcoin can be used to cash, which can be converted into the currency of most countries. Bitcoin investors generally believe that the reason why hackers choose bitcoin to pay ransom is that bitcoin not only has advantages over other traditional payment tools, but also is the best choice among other virtual currencies. Firstly, bitcoin has certain anonymity, which is convenient for hackers to hide their identities; Secondly, it is not subject to geographical restrictions and can collect money on a global scale; At the same time, bitcoin also has the characteristics of "decentralization", which allows hackers to automatically process the ransom of victims through programs. With the technical support of the network, the manufacture and issuance of bitcoin are not based on the trust of the central issuing institution, and the operations such as transfer and other transactions do not even need names. That is to say, to collect money with bitcoin, you don't need to open an account in the real name of a financial institution, and you don't need to go through any third-party institutions, such as the third-party payment that we use most at present. You just need to download and register an independent bitcoin wallet. If what the criminal extorts this time is not bitcoin, US dollars or other currencies, and what the criminal gives is not a bitcoin wallet address, but a collection account of a bank, the hacker may have been locked or arrested before receiving the money. Now you know, anyway, I don't need bitcoin. Please pay more attention
4.
On February 19, Tesla CEO Elon Musk tweeted that the liquidity pattern of bitcoin is more interesting than cash. Tesla's behavior (buying bitcoin) does not directly represent my idea. For all S & P 500 companies, this is a risky investment
Musk also said, "I am not an investor, but an engineer. Except for Tesla, I do not hold any publicly traded stocks. However, when the real interest rate of legal tender is negative, smart people will look elsewherebitcoin is almost as unreliable as fiat money. note that I use "almost"
it's especially interesting to calculate other people's money. It feels like it's my own. Ha ha, if the currency I hold can soar like BNB, can I join in
ha, I'm dreaming again. It's time to wake up
Hot content