some of bitcoin

(1) What is Bitcoin?

The concept of Bitcoin (Bitcoin) was originally proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009. The open source software designed and released according to the ideas of Satoshi Nakamoto and the P2P network built on it. Bitcoin is a virtual encrypted digital currency in the form of P2P. Peer-to-peer transmission means a decentralized payment system.
Unlike all currencies, Bitcoin is not issued by a specific currency institution. It is generated through a large number of calculations according to a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all The transaction behavior, and the use of cryptographic design to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself can ensure that the value of the currency cannot be artificially manipulated by mass-producing Bitcoin. The cryptography-based design allows Bitcoin to be transferred or paid only by the true owner. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total amount is very limited and it has a strong scarcity.

㈡ Bitcoin has experienced several peaks

It can be regarded as four peaks:

The first time was in March last year, when Bitcoin was overnight Between tens of dollars soared to a high of $ 266.

For the second time, the United States held a Bitcoin hearing on September 18 last year. Before the hearing, the Federal Reserve and other relevant persons were optimistic about Bitcoin. Under the influence of good news again, Bitcoin price rose to 8,000 yuan.

For the third time, during the World Cup this year, the price of Bitcoin was close to 6,000 due to the influence of the World Cup.

For the fourth time, after Bitcoin continued to slump for half a year and hovered around 2400 for nearly a long time, Bitcoin suddenly rose to 3000 yuan. It is said that the entry of hot money.

(iii) Which are the largest bitcoin trading platforms in China?

The trading platforms for bitcoin in China have certain risks for transactions. Huobi, Binance, OK Coin, Socoin. Wait these are all good. You can experience it. See more information. Don’t buy on impulse! You can buy and invest at a low price

㈣ What does it mean to accept a few in the bitcoin mining machine and how to check the gold coins you have mined?

Download the bitcoin wallet and put it on the computer You can generate a wallet address by running it on the platform. Your balance is the number of bitcoins you have. The coins you dug in the mining pool will be injected into your wallet.

㈤ What do these data in Bitcoin transactions mean?

Is there something wrong with the market cap? This is the market cap
Price is the current price

Price (BTC) is the current exchange rate for BTC
24Vol is the 24-hour turnover

㈥ Bitcoin is divided into several levels, what is the relationship between the levels

Bitcoin is a kind of virtual cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source code, and using blockchain as the underlying technology

㈦ How much is a bitcoin now

The concept of Bitcoin (Bitcoin) was originally proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009. The open source software designed and released according to the ideas of Satoshi Nakamoto and the P2P network built on it. Bitcoin is a virtual encrypted digital currency in the form of P2P. Peer-to-peer transmission means a decentralized payment system. Unlike all currencies, Bitcoin is not issued by a specific currency institution. It is generated by a large number of calculations based on a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transactions. And use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself can ensure that the value of the currency cannot be artificially manipulated by mass-producing Bitcoin. The cryptography-based design allows Bitcoin to be transferred or paid only by the true owner. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total amount is very limited and it has a strong scarcity. On January 8, 2021, the price of Bitcoin exceeded $40,000.

Warm reminder: According to the notices and announcements issued by the People’s Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory currency attributes, and is not currency in the true sense. It does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens’ investment and trading of virtual currency are not protected by law.
The above explanation is for reference only. Before investing, it is recommended that you first understand the risks of the project, and have a clear understanding of the project’s investors, investment institutions, on-chain activity and other information, rather than blind investment or mistaken entry Funding disk.
Investors should not use such information as a substitute for their independent judgment or�� Making decisions based on such information does not constitute any investment operation.

Response time: 2021-01-12, please refer to the official website of Ping An Bank for the latest business changes.
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㈧ What is Bitcoin, to name a few Example

A group of people are rushing to buy things on the side of the road, you sell to me and I sell to you, and they are all getting rich.

Those who earn money have no cost pressure. Since they haven’t entered, don’t go in and take over. That’s what Bitcoin is like.

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