Recently, the market of Bitcoin has been jumping up and down!According to Coinmarketcap data, on January 8th, Bitcoin hit a historic high of over $41000 per coin, with a market value of over $700 billion.But it plummeted on January 11th and fell to a low of 30568
Recently, the market of Bitcoin has been jumping up and down!
According to Coinmarketcap data, on January 8th, Bitcoin hit a historic high of over $41000 per coin, with a market value of over $700 billion.
But it plummeted on January 11th and fell to a low of 30568.82 on the 12th. In the following days, it gradually warmed up and rebounded to a high of 39903.63 on January 14th, followed by a gradual decline. As of 16:01 on January 21st, Bitcoin was priced at $34617.98 per coin.
The market situation like a "roller coaster" is heart wrenching
What exactly is Bitcoin?
Why is it so hyped up?
Today, let's talk about Bitcoin~
The Birth of Bitcoin
As soon as I enter the coin circle, I feel like a sea, and from then on, my wallet becomes a passerby
If you want to mine, the cost is servers and electricity.
amongMainly electricity
The Bitcoin that can be mined in a small mining pool is limited
The investment cost of large mining ponds is relatively high
It can be in the tens or even hundreds of millions of yuan
So, currently, among the main mining forces
Not many retail investors
How to buy and sell Bitcoin?
Bitcoin consists of randomly generated addresses and private keys
Similar to bank card numbers and passwords
Only having both at the same time
To manage the money in the card
So it has a high level of confidentiality
Another important point
Bitcoin is not a legal currency in China.
Regular merchants do not support this payment method
Recently
A certain manufacturer advertised that they support digital currency for purchasing cars
Quickly remove the advertisement and apologize
What should ordinary people pay attention to when investing in Bitcoin?
Xiaobai: Why has Bitcoin prices fluctuated so much recently?
Coin circle professionals: Bitcoin is not linked to any fiat currency, precious metals, or other physical objects, and is a pure investment product. A significant portion of its price is determined by community consensus, and significant fluctuations are likely the behavior of speculators.
Xiaobai: What should retail investors like me pay attention to when they want to invest in Bitcoin?
Coin circle professionals: Ordinary people who want to invest in Bitcoin must learn! Learn! Learn! Thoroughly understand reinvestment.
Bitcoin is a typical application of blockchain and the most well-known one. Be sure to distinguish between blockchain and Bitcoin. In the future, the development of Bitcoin depends on how big the consensus community can grow.
Friends, after reading this comic, what is your opinion on Bitcoin investment?
21 Random Talk Produced by Finance Studio
Copy: Liu Xiang
Comics: Li Wu
Special thanks to consultant: Han Lei, a coin circle professional
For more information, please download the 21 Finance APP
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
