Lettercoin article
2. Don't simply define what MLM is. Many people don't know how to pretend to understand it, and they gloat over it. They want you to lose money and watch it
3. Investing in BTC, LTC, and EGD will not be a problem. Over the past few years, the problems have been caused by the investors' families or friends around them. The solution is that you should learn to operate by yourself
4. In recent three years, most of the collapsed investment platforms in China are entities, and some of them are fake virtual coins. Now I'm talking about lightcoin, which is as reliable as bitcoin. The characteristics or advantages of investing Wright coin, no matter whether it increases or does not increase in value, players are making a lot of money. For example, 1000 Wright coins are a single (today's price is 26). 3 yuan a piece), get 10 coins a day, 220 coins a month, but can withdraw 60%, the remaining 40% storage, when stored to 1000, automatically upgrade to 2000, that is, two single, then get 20 coins a day, and so on
5. Note that since 2014, many domestic financial experts have commented on how bad bitcoin is, and some messy people will also make sarcastic remarks. Over the past two years, there have been comments on videos and bad articles, but all of them are wrong. Why? Because it's new. It is impossible for backward cultural environment to accept new things in time. Looking at the latest and cutting-edge things depends on what people in the United States or other developed countries are doing.
The earliest is a kind of network virtual currency. It 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 anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar
< H2 > extended information:bitcoin is e-cash similar to e-mail. Both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address
starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique
many websites for technology players have begun to accept bitcoin transactions. Websites such as mtgox and btcchina, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin
in fact, Mr. Xiao Zaojun paid attention to this very early. Last year, I wrote a popular science article about blockchain and bitcoin. At that time, the price of bitcoin seemed to be $3000, and many people suggested that I start. After thinking about it, I still didn't buy it
later, bitcoin soared and plummeted, peaking at $20000, and then quickly fell to $8000. I'm both sorry and glad<
today, I've also rerouted that article (with some revisions). I hope it will help you to know more about blockchain and bitcoin technology
in my opinion, whether you invest in bitcoin or not, whether you believe in blockchain or not, first of all, you should fully understand them
today, let's talk about blockchain and bitcoin
well, here's the thing -
these days, if you haven't heard of bitcoin, it's really out
when you see the glittering gold coin, is it a moment of spirit
in other words, bitcoin is not an ordinary fire nowadays. Some friends always come to ask Mr. Xiao Zaojun about it. Even when you take the subway, you can hear people around you talking about it<
bitcoin has been used for several times, and the most influential one is this:
children's shoes must be familiar, and indivial children's shoes are expected to be shocked
Yes, this is the blackmail window that popped up after computer poisoning when wannacry blackmail virus broke out in May 2017
the words in the blue box are the way blackmailers ask for ransom - "only accept payment in bitcoin", and others are not recognized. At the same time, the blackmailer also kindly tells you how to buy bitcoin
as a result, bitcoin, along with the blackmail virus, swipes the screen all over the world, greatly enhancing its popularity.
Bitcoin is a kind of electronic currency / network virtual currency
bitcoin: also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats, equipment, etc. in online games. Internet users can also use bitcoin to buy real goods
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
extended data:
currency features:
1, decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, global circulation: 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 needed 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 a transaction fee of about 1 bitfen 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, cross platform Mining: users can explore the computing power of different hardware on many platforms
advantages of bitcoin:
1, it is completely decentralized, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm
2, anonymity, tax exemption and supervision free
3, robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
4, borderless and cross-border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records
5, Shanzhai people are difficult to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency
but these counterfeit currencies are very fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency
many counterfeit coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical
the weakness of bitcoin
1, the fragility of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
2, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed
3, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading
4, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control
but the public doesn't understand, and many people can't even distinguish between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless
don't invest in bitcoin as a just need. This is my personal experience.
A: in essence, it is a multi person account book. But the currency (bitcoin) on the account book is generated out of thin air, and the algorithm is sha256 workload proof
PS: it's learned a lot, involving economics, cryptography, sociology, computer programming, etc. One can't master all of them, so there are many people who don't understand them. When you understand 1 / 2 of what XX learned above, you will understand
What do you think of bitcoin
in the long run (about 20 years), as long as the Internet does not disappear, I think bitcoin and legal currency will coexist for a long time. It will not replace legal currency as some people say, nor will it fall down and disappear as some people say. It is just the big and small difference between BTC circles. In addition, most of the unknowns in five years are not easy to predict. The specific development depends on the attitude of governments. If the attitude is better, the development will happen. If the attitude is not good, for example, the ban, such as Russia, simply say that BTC is illegal. Even so, it will not disappear, but it will go underground and develop little. Within five years, the whole world should get many application support in the enlightened Zhengfu countries, and get better development in the circulation and use in some countries all over the world. The highest price in five years is 20000 yuan. However, it may be as low as 3000 yuan. Be careful of large fluctuations
how to fry bitcoin
if you want to play, Pingtai is the first choice. Pingtai is very important. Otherwise, it will be like volume 796: money running, like mtgo losing: money
let's talk about the fluctuation of bitcoin. Because there is no government to supervise bitcoin, the fluctuation of bitcoin will be much larger, and it will become the extreme investor of bitcoin (not the ordinary investor of bitcoin, generally only playing with futures, goods and stocks)! The bitcoin market could be an IQ game. As a popular sentence in the bar: big money is blood eating! The public and retail investors are always the losers. Therefore, although I support bitcoin, I don't recommend retail investors to "fry" their wealth on bitcoin. Small games are OK. For example, if I lose 1000 yuan, I will make contributions to bitcoin. Here's another thing to say. Not all people who play bitcoin are like bitcoin. People who play bitcoin are looking for the next place to take orders or something. This IQ game has to do according to one's ability. I'm very happy to earn it. It also proves that I have a higher IQ than most people. I can't afford to pay for it. Don't learn how to sell my house, my brother. It's 40000 yuan.
in modern social life, money is the comprehensive representative of wealth. Since it is a comprehensive representative, it is a simple logical inference that owning money means owning wealth; Correspondingly, people's pursuit of money is the pursuit of wealth; People's attitude towards money is also the attitude towards wealth. In fact, this simple logical inference is problematic, because money is only the "comprehensive representative" of wealth, not wealth itself. If you hold gold or dollars, they are not cars, houses, clean air, pure drinking water, or spiritual pleasure, enrichment of life, or freedom of thought, You can exchange some of this real wealth. In other words, there is a close relationship between money and real wealth, but there is still a distance between money as a "comprehensive representative" and real wealth. What's more, a lot of wealth can't be represented, measured and exchanged by money
it is precisely because of this relationship between money and real wealth that we should not equate money with wealth, let alone simply equate pursuing money and owning money with reflecting life value and pursuing happiness. About money, we need a kind of wisdom of life
wealth is an all inclusive concept with a wide range of contents. According to the common understanding of people in modern social life, it includes not only material procts serving people's survival and life, but also non-material procts such as people's psychological pleasure and spiritual satisfaction; It includes not only "private wealth" (such as family real estate) that can be privatized to indivials or families, but also "common wealth" (such as blue sky and white clouds, clean air) that is difficult to privatize; It includes not only the things obtained directly from nature, but also the things made by man; Man made things include not only tangible procts, but also non materialized cultural procts such as systems, rules, habits, traditions and customs, as well as the existence of pure ideas such as religion, belief, doctrine, ideology and subjective value judgment. Generally speaking, wealth is the sum of all the things that people pursue and think are valuable in real life. For indivials in modern social life, the pursuit of all kinds of wealth is not only the whole content of life, but also the whole purpose of life. It just depends on how you determine the "wealth goal" in your mind; Some people pursue the satisfaction of spiritual realm; Some people pursue the tranquility of religious process; Some people pursue the practice of faith. With so many choices in pursuit of wealth goals, our world is full of vitality and color< It is a pity that in the era of monetary economy, money, to a great extent, has monotonized people's pursuit of wealth diversification. Money seems to represent and measure the value of all wealth in the world, and seems to be able to exchange all wealth in the world. People's pursuit and possession of it seems to be synonymous with the pursuit and possession of all wealth. In this way, the purpose of life, in addition to the pursuit and possession of money, there will be no other valuable things. There is no doubt that this is an illusion, but this illusion puzzles the vast majority of people. Especially when money can be used to avoid labor and personal punishment, buy marriage, and compensate for life, money is directly related to the value of life, and the degree of the illusion that "money is omnipotent" is increasing
based on the understanding that money is the "comprehensive representative" of wealth, but not wealth itself, and that money can not fully measure, represent and exchange all wealth, our wisdom about money is: in real social life, we should not only pursue money, but also obtain the wealth it can represent (such as housing, cars, etc.), We should also pursue wealth (such as inner peace) that money cannot represent; We should have a certain amount of money, but we should not stay in the situation of only having money. We should also enjoy the real wealth that money can exchange, that is, we should be able to spend money. Otherwise, we just have the form of money and wealth and become the real "misers"; We should pursue money in a certain time and space, and give up pursuing money in a certain time and space to enjoy enough leisure in life. In such a wise life, money will always be your loyal servant, and you will win the rich content of life and the true realization of life value. In other words, you are living intelligently
on money, money and life, money and society, many thinkers in history have shown a strong pessimistic view. Marx strongly criticized the "fetishism" of commodity currency. He believed that under the condition of commodity currency, especially in the capitalist society in which labor force is transformed into commodity and currency is transformed into capital, this kind of "fetishism" has an indelible attribute, which deeply enslaves or "alienates" the existence of human beings. Therefore, overthrowing the capitalist social system and abolishing the commodity currency system have become the basic premise for the construction of a better society in the future. Simmel, a German social thinker, thinks that the reality of "money is the God of the secular world" is sad, because money is only an empty form, not wealth itself, and can not represent all wealth. "Money is only a bridge to the ultimate value, and people can not live on the bridge.". Different from Marx, Simmel did not have the ideal design of abolishing the monetary system, but just sighed helplessly in the face of reality, full of endless sadness
unfortunately, we live in a historical stage and society where money exists. In the foreseeable future, we can't abolish money at all, but is it necessary for us to succumb to money or inlge in money pessimism? At least, I don't think it's necessary. For indivials, if money can be treated intelligently to live, it will only be used as a tool or means of life, not as the purpose of life. I am sure that this kind of life with real content and rich wealth structure is a relatively successful and valuable life, although it is not and can not be a perfect life.