Leyte currency forecast

1. If you want to invest, you need to understand. Then make a decision

bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<

English: bitcoin currency symbol: abbreviation: BTC or XBT

Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<

Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of 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<

Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of 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 difference between bitcoin and bitcoin
it should be noted that

in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit

bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network

you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<

in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places

its main features are as follows:
1. Decentralization

bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom< Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership

private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost

bitcoin can be remitted free of charge, but in the end, a small transaction fee will be charged for each transaction to ensure faster transaction execution

5. No hidden cost

as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay<

6. Bitcoin is not completely anonymous
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learning bitcoin studybtc

it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin

7. Bitcoin is still experimental

bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.

2. It's only the end of August now, and there will be several days in September. The market of Leyte currency in September can only be predicted, and the prediction is generally not very accurate

looking at the past performance of Leyte coin, if there is no major good news or the entry of related MLM funds, the market of Leyte coin in September will be very stable. Of course, if there is a large-scale hot money into, will also pull up the price of Leyte coin. But it's only a short time. If there is a big village or a big miner selling, the price of Leyte coin will also drop significantly.

3.

In terms of technological innovation, people who know blockchain are very supportive; About the future trend of bitcoin, as the earliest blockchain proct, it has been basically in the market. As for how big a pie there will be in the future, you can see my share

[John McPhee, the head of IBM and the board of directors of PayPal all predict that bitcoin will reach $1 million]

in recent days, the market has slowed down temporarily. However, this has not deterred investors. As previously reported, although some bearish pressure is forming, bulls have responded well and kept prices stable

since bitcoin failed to break through $5450, bitcoin bulls have kept the price above $5000. Recently, after a stable weekend, there was almost no report on the price trend, and the market rose appropriately. Now all attention is turning to $5200 as the next key target, and finally retesting the resistance level of $5450

as of April 15, the marginal revenue of bitcoin was less than 2%, and the transaction price was $5160. Earlier in the day, it had risen to a high of $5193, but failed to reach the target of $5200

Then bitcoin fell back to US $5157. The high degree of stability and flexibility that bulls maintain and push prices up shows how strong the current bull market is. As long as bitcoin can remain above $5000 and avoid a sharp correction, the bullish trend will continue to get more support and push prices higher

the price of bitcoin (BTC) will reach $1 million

a few weeks after PayPal first invested in blockchain technology, its latest board of directors made a bold price forecast for bitcoin. Wences Casares, a member of PayPal's board, said bitcoin could reach $1 million in the next 10 years. IBM blockchain & amp; Jesse Lund and John McAfee, directors of digital currency, have also made such predictions, which many believe are overconfident

in my (subjective) opinion, the chance of success is at least 50%. If bitcoin really succeeds, a bitcoin could be worth more than $1 million in seven to 10 years

the growth of bitcoin has driven Shanzhai coin

with the rise of bitcoin, most Shanzhai coins are also rising. Although the income is relatively low, most Shanzhai coins have about 1% to 4% income, but this growth is likely to continue

before the deadline, lightcoin's LTC was one of the best performing currencies. In the past few weeks, the performance of this coin has been extraordinary, which seems to determine the price trend of Shanzhai coin again

XRP and eth are also on the rise, but the marginal returns are 0.30% and 1.26% respectively. XRP's short-term goal is to return above $0.33, and its long-term goal is above $0.4. On the other hand, ETH hopes to climb back to more than $170, becoming its next target, and its preferred position is more than $190

4. Yes, in fact, most of the rise or fall of digital assets depends on the news. It depends on the technology to judge the rise or fall. It can only be judged when the news is basically calm. In the case of frequent news, you can't judge accurately. The news will cause interference to you

5. Five steps to create your own cryptocurrency
when you see how complicated it is to make physical banknotes, it's easy to understand why most people don't try to print new forms of currency every day, but it's also very easy for people with only basic programming level to make new digital currency
programming is not the only step to create a new digital currency. Here are three cryptocurrency manufacturers giving you five steps to follow
1. Using the community to cultivate money
Chris Ellis, an entrepreneur from London and an activist in the feather money community, believes that when you consider making a new digital currency, it's easy to assume that the first step is to start currency programming, which is actually wrong
"the first step is to find a community and build a currency around the community, rather than expecting people to show up after building a currency," Ellis said. "It has to meet the needs of the community and be related to their cultural heritage and background."
Feather coin was created by Peter Bushnell in April 2013. Bushnell resigned as head of it at brechnos college, Oxford, because he wanted to create his own people-centered currency. He made the decision after seeing on bitcoin.org, a well-known cryptocurrency website, that the existing cryptocurrencies (such as bitcoin) lack community participation and inclusiveness
since March last year, Ellis has been actively promoting and teaching people the knowledge of cryptocurrency. Although he had not met Bushnell at that time, he was also aware of the alienation and isolation on the bitcoin forum
"these forums are very technology oriented and are not welcome for newcomers or minorities, and usually smaller teams can better serve these newcomers or minorities," Ellis said“ The forum did not make it easier for people to participate in currency development. A lot of people in these forums come to predict prices rather than actively participate in development. "
Ellis found the cryptocurrency community based on feather coin, and he said that technological development has benefited a lot from the community
"we are a group of feather coin encryption enthusiasts, but some of them may not be so easily integrated into other communities," Ellis said. He said everyone in feather money thought it was important to show that a group of loyal people could build a stable currency. Through cooperation, a dedicated community of encryption enthusiasts can better find and solve vulnerabilities and security threats. For example, the feather coin coding community has successfully resisted 51% of attacks
the establishment of such protective measures and the promotion of currency development can make the currency more legitimate and more easily trusted in the eyes of the public. But if the participants are all passive observers who are only for their own interests, it will be troublesome
2. Programming, for the long-term benefit
surprisingly, every currency developer I talked to said the same thing: "programming cryptocurrency is usually the least time-consuming part of the process. This is because all the cryptocurrencies on the market are based on the open source code of bitcoin or lightcoin provided on GitHub. "
Peter otbach, one of the founders of coino, said: "it doesn't take long to create. It could be only one day, "the company claims to be the fastest cryptocurrency on the market, with a maximum trading time of just 50 seconds“ To start programming, you just need to know C + + to create your own functions in it. "
according to Colin Evans, the developer of quark cryptocurrency, it may take longer than a day“ In terms of programming, the most complex steps may be related to the complexity of the parameters you plan to have in the blockchain, "Evans said“ For example, many currencies just use and the lettercoin code, but quark has a new hash algorithm - that is, it is separate from bitcoin and lettercoin - so if you want to change it, it will be the most difficult one. " In this case, it may take months to program cryptocurrency. However, Evans pointed out that if developers just reuse GitHub's code and change some simple parameters, any competent programmer can do it "in 30 minutes."
but just thinking that anyone with C + + skills can make their own cryptocurrency doesn't mean that one day there will be as many kinds of currencies as IOS applications. "Feather coin is actually a branch of Leyte coin," Ellis said“ It starts with a minimum number of parameter changes, because we think the most important feature of money is viability. "
however, the feather coin team noticed that some of the previous currencies did not last long, because they included a new function, which enables investors to make profits through short-term speculation. However, the team was often unable to manage the project as planned for a long time, resulting in the failure of the project. In other words, those failed currency developers may want to create cryptocurrencies and make profits in the short term, rather than in the long term, which is doomed from the beginning
Ellis said: "you have to be responsible for fixing defects, and you have to make a commitment when you launch the currency, and you have a responsibility to inform people of the risks and protect their property." if you can't, then no one will use your currency all the time
3. Let miners appear on the stage
once you develop currency, you need to spread the information so that people can start to excavate the currency, make people aware of its existence, and hopefully start to get some value in the eyes of miners and users. This is where cryptocurrency manufacturers can't think like programmers, but how humans put trust (and value) in things
Ellis of feather coin explains: "a good start is half done, so it's about building trust, expressing your vision and intentions to miners, who have the hardware they need, and giving them the opportunity to meet future opportunities“ You have to be honest and respect people's expectations and tolerance of risk, which many people value
"overheated money sales can be counterproctive, including new features designed just to try or stand out. Markets can test courage and determination. You need a group of loyal, loyal miners who will deal with the deal even when prices plummet, because they believe in the end result. It depends on good communication and team building
"many cryptocurrencies fail because they underestimate" software ". They think that technology can solve all problems. And then it's not what they think it is. You have to be good at being aware of what needs to be done and be ready to do what others don't want to do. "
4. Know your business
if you've done that. You've conceptualized a good cryptocurrency and brought the right team together to develop and nurture it in your own way. You have spread the news on the cryptocurrency forum, and a large number of miners are actively trying to dig your currency. The next step is to market your currency so that all miners can use it. This is not a small feat. After all, you need to convince indivials and businesses that these currencies created by themselves have value and can be traded like traditional trustworthy currencies
"it's a confidence building process," Ellis said“ It takes good management and time to work out what you really believe and advocate. People will be more willing to buy money based on your motives than your actions, so once you are confident, you have to start discussing your money with friends, businessmen, Internet forums and social media. "
Peter otbach agrees with this view that "to start marketing, you need to find the exact target group," he said, "at first you can start with the cryptocurrency market, because people there know the currency, and you will see their first reaction. It's going to be more difficult after that. You need to convince a lot of people who don't even know what cryptocurrency is, so you have to use money as a payment solution for online stores to attract their attention. "
"I want to add that it's not just about ecating them with facts," Ellis said. "It's about encouraging them to learn and discover their strengths. Money is a classified account. It is a tool that people use to achieve their goals and meet their needs. Knowing this will help you make great progress in marketing. "
Ellis believes that the key to getting merchants to accept money is to understand their different views“ Different stakeholders have the same rules. The difference is that miners are speculative and businessmen are more conservative. " He pointed out that businessmen have three main purposes: to make money, to save money and to raise their awareness“ If we can bring them customers and increase sales while recing the cost of payment, the rest of the job is to persevere and make it as easy as possible for them to start working. "
5. Conclusion
from a professional point of view or a traditional point of view, the last step in the journey of making cryptocurrency is to rule the world with money. But given that no currency has dominated the world for 5000 years, no matter what bitcoin enthusiasts in Silicon Valley say - any cryptocurrency
moreover, cryptocurrency domination "is not necessarily the goal," Ellis said“ Currency can be local. In fact, we think feather currency is a local currency that can serve the global market. "
there may be a real market for emerging cryptocurrencies: local currencies for certain communities, cities, events, venues and people. Build around like-minded consumer groups, so that they can trade quickly and freely, and provide security for the important goods and services in their lives. You don't have to rely on central banks and big markets to tell them that coins and paper money are valuable.