wholesale costume jewelry st louis mo People's Daily's report on Bitcoin July 25

wholesale costume jewelry st louis mo

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  1. custome jewelry wholesale Bitcoin is a virtual product that can be obtained through operations, or it can be traded on the trading platform
    What currency is the hottest this year? I believe many people will answer: "Bitcoin".
    Mobulically, Bitcoin is a digital code, which is generated according to a large amount of calculation according to a specific algorithm. Theoretically, everyone can get Bitcoin by calculating, which is compared to the "Nuggets" and "mining". According to the algorithm set by Bitcoin founders, the total amount of Bitcoin is limited, only 21 million Bitcoin, and currently 12.07 million Bitcoin has been "dug".
    However, it is not easy to "dig" Bitcoin. Lin Jia had special research on the student of the School of Economics and Management of Beijing University of Posts and Telecommunications. She said: "The performance of ordinary home computer is difficult to support the operations needed by bitcoin, and there are special Bitcoin 'mining machines' in the market. One of the hundreds of thousands of yuan. 'Digging' Bitcoin not only has high investment costs, high technical thresholds, and algorithms are very complicated. The way most people get Bitcoin is to buy cash. Bitcoin can be bought not only, but also sold. In some countries, Bitcoin is even regarded as a legal currency, can be exchanged for real banknotes, and can also be used directly for shopping. There have been merchants in my country that they have announced acceptance of Bitcoin payment.
    If investors become the last stick of drumming flowers, they can only get a bunch of useless electronic symbols
    Recently, the Central Bank, the Ministry of Industry and Information Technology, the CBRC, the CSRC, and the CIRC jointly issued the "About the risk of Bitcoin risk Notice". The "Notice" emphasizes that Bitcoin should be a specific virtual commodity. It does not have the same legal status as currency and cannot be used as currency in the market. Each financial institution and payment institutions shall not conduct business related to Bitcoin.
    Although a paper notification breaks the fantasy of people to become circulating currency, Bitcoin still has a lot of fans. On December 16th, a domestic Bitcoin trading platform named Okcoin alone had a 24 -hour transaction volume of up to 66225 bitcoin and the transaction value exceeded 300 million yuan.
    Why are anyone so keen to invest in Bitcoin? One of the most important reasons is that many people think that the total amount of bitcoin is limited, and can "maintain value -added", which is regarded as investment tools like stocks and funds. In fact, investing in Bitcoin once made money. In the first four months of this year, Bitcoin's value has skyrocketed by more than 10 times. Such a rapid rise in the short term has attracted a large number of followers of follow -up.
    bitcoin also plummeted. On November 19, the price of Bitcoin was fired to 8,000 yuan, and when the closing on December 18, one month later, it fell to 2,850 yuan.
    Despite this, the Bitcoin market has not been sluggish, and even Lin Jia intends to "bottom out". "Some friends have bought Bitcoin before, and I heard that I have made a lot of money." Lin Jia said, "I plan to invest 1,000 yuan to buy a few bit of bitcoin first, and lose it if I lose. Compared to 8,000 yuan The price may not be a high point now. Isn't it good to make points in case? "
    Bitcoin Charts, the international Bitcoin website, shows that nearly 60 % of Bitcoin transactions have recently come from the Chinese market. Many people have a "bottom -up" mentality like Lin Jia.
    , the risk of Bitcoin is not just the risk of price fluctuations. "Bitcoin is now more arbitrage tools rather than payment tools. Its technical risks, security risks, and regulatory risks are worrying." Zhao Qingming, part -time professor of the School of Finance at the University of Foreign Economics and Trade.
    First of all, from the history of the development of the Internet, although the algorithm of Bitcoin is complicated, it is not possible to be broken. Once it is broken, the entire system of Bitcoin will collapse. Secondly, the private trading platform is not mature. Recently, many Bitcoin trading accounts have been stolen in Shanghai, with a loss of 640,000 yuan. In addition, market supervision has not kept up. At present, many Bitcoin trading platform servers are built abroad and have not registered for registration in domestic industrial and commercial departments. Investors' interests are difficult to guarantee.
    In Zhao Qingming's view, it is not advisable to buy and sell Bitcoin with a speculative mentality: "Bitcoin does not have the basic functions of currency, unlike real gold silver goods currency sufficient value, nor does not like banknotes credit currency with government Credit support. Similar speculation in Chinese history is not uncommon. Pu'er tea, Longjing, and mahogany furniture have also set a sky -high price. If investors who buy bitcoin become the last stick of drumming flowers, only a bunch of useless electronic symbols can be obtained ","

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