How much is virtual currency
Publish: 2021-04-14 18:18:24
1. 1. The biggest difference is recognition and acceptance. Except bitcoin, all digital cryptocurrencies are counterfeit currencies
2. Bitcoin can be copied, and lightcoin, Ruitai coin and vitality coin are all experimental objects
3. No, the source codes of different currencies are theoretically different
4. You can create counterfeit money without limit
5. It is possible in theory, but it may not work in practice.
2. Bitcoin can be copied, and lightcoin, Ruitai coin and vitality coin are all experimental objects
3. No, the source codes of different currencies are theoretically different
4. You can create counterfeit money without limit
5. It is possible in theory, but it may not work in practice.
2. The total amount of dog coin now is 119670352899, and its circulation is 100 billion. Dog money is based on the grass-roots culture of the Internet. It is popular because of its cute and funny temperament. In the expanding e-money market, dogcoin is positioned as a niche market
dogcoin was born on December 8, 2013, based on the scrypt algorithm. It is the second largest virtual currency in the world after bitcoin in terms of the number of users. Compared with the expensive bitcoin, dogcoin has lower threshold and lower price. The price of dogcoin in China is only 0.177. One week after the system was launched, dogcoin has become the second most popular "tip electronic currency" on the Internet in the United States.
dogcoin was born on December 8, 2013, based on the scrypt algorithm. It is the second largest virtual currency in the world after bitcoin in terms of the number of users. Compared with the expensive bitcoin, dogcoin has lower threshold and lower price. The price of dogcoin in China is only 0.177. One week after the system was launched, dogcoin has become the second most popular "tip electronic currency" on the Internet in the United States.
3. 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.
4.
Circulation: 100 billion yuan in the first year, and 5 billion yuan in the next year, no upper limit. After 20 years, inflation is only 2.5% a year
current number: more than 90 billion
extension:
① status: dogecoin, known as "dogcoin / dogcoin & quot;, Born on December 8, 2013, it is the second largest virtual currency in the world after bitcoin in terms of number of users
② advantages: it is universal in the world, does not belong to a certain country, and has the advantages of fast global transfer
③ trading market: the main dog currency trading platforms in China are btc38 and btctrade, while in foreign countries are cryptsy, exmo, cex.io and bittrex
5. The guild merchants of Ag power Valley sell gold coins and family treasures on the premise that the trade union reputation is enough. The 1-100 heirloom is a showdown against orgrima. Heirlooms can generally be upgraded. In addition, the dark moon circus on dark moon island also has heirloom merchants. They should sell all kinds of heirlooms, but they have to use lottery tickets, which is not easy to do~~~~
6. Dogcoin and bitcoin are both virtual currencies, which are now recognized by many platforms. If you compare them with bitcoin, I think there is a huge room for future appreciation.
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