Chapter 242: Crazy Bitcoin Nuggets!!

Taking a sip of red wine and looking into the distance again, Xi Ming likes the feeling of looking down from a high vantage point, which will give him a feeling that everything is under control.

Then he said to the shrewd woman who was as charming as a fairy, "Mr. Yang, this red wine is so delicious, I can't help but want to enjoy life." ”

"Hehe, Mr. Xi, you are already a winner in life, and now I know that you have gone from zero to the company's valuation of tens of billions, of course you can enjoy it. Yang Yanyan trembled fiercely and worshipped fiercely.

Xi Ming didn't look at the woman, his eyes burst out with a sharp light and said, "No, I'm not qualified to enjoy it at all now, there is still a life-and-death battle to fight between the little yellow car and the little red car, as the initiator, it is us, but they are supported by the boss of Alima, and his energy is too strong."

"Don't you have the support of another horse boss?" the woman wondered.

"Well, with his support, that's what reassures me. ”

"Mr. Xi, you have raised so much, do you have any plans to make other investments?"

"Yes, I'm ready to take a hit in the stock market. Xi Ming said confidently.

Yang Yanyan shook her head, she didn't expect that there was a gambler in front of her, the stock market is very bad now, "The stock market, the risk is too great, and it is a bear market now." ”

Xi Ming just smiled, he had the news of the big killer in the male area, this is picking up money and grabbing money, using the stock market as a super ATM, so he is not the gambler they think in their hearts.

When it comes to investment, the woman thought of Bitcoin, which has been very violent in high society recently, so she casually said, "Mr. Xi, have you ever heard of Bitcoin?"

When Xi Ming heard these three words, an excitement that he had never felt before enveloped his entire body, and it seemed that a burst of electricity passed by and made his body tremble slightly!

Bitcoin!

In the first half of 2017, it skyrocketed to more than 20,000 yuan, and at the beginning of the year it was only three or four thousand, and he didn't have the money to buy this thing before, but he knew from the news that Bitcoin was crazy at its peak in June!

The investment at the beginning of the year can get five or six times the income in the middle of the year!

Capitalists dare to risk being killed at the risk of being killed at the risk of 3 times the profit, which is the same as copying the houses in the Dixiong District, and now Xiongcheng, Rongcheng, and Ancheng are all transferred and frozen during the Chinese New Year, and the real estate begins to be abnormal, and many people don't know what happened...... Employees like Ambition have long since stopped buying houses.

But now the house in the Xiong District has been dragged to more than 300 sets by the prophet, if all these houses are mortgaged to the bank for loans, and then invest in Bitcoin, Xi Ming's heart is suddenly hot, you must know that now those bitcoins are being frantically acquired by an island country The bitcoin of the republic, in the future, the island country shrimp and rice they will get rich, in this life, Xi Ming can no longer make a fortune one by one those bastards in the island country, since I want to make a fortune, let me make a fortune alone.

At this time, Xi Ming wanted to get into the wrong.

He thought his eyes were on the future prophets, but today he found that he was still limited in his vision, and he was not able to cover everything, and he almost missed the crazy bitcoin.

The first half of 2017 can be described as a dazzling year for Bitcoin, and the crazy outbreak did not end until the middle of June, with an increase of up to five or six times!

This life.

Every time there is financial speculation, he has a feeling that he is the god Buffett and the financial predator Soros, for the industry that can speculate, he is full of enthusiasm and ambition every time, just like the first love of a teenager and a girl.

Prophet Investment, this is the easiest thing to make a lot of money, and you are free!

Thanks to God for giving him a year of cheating, so he doesn't need to go through the eighteen punishments of miserable losses, painful losses, and death losses in speculation, as long as he concentrates his funds on the ship, he can reach the other side of success.

Pondering, his face is expressionless now, but his heart is surging, in his eyes, there is really nothing more exciting and happy than making money.

At this time, because of the government's suppression, everyone is frantically throwing out the bitcoin in their hands, once he buys 100,000 bitcoins, it will be worth 2 billion in three months! This is a very big and very big amount of money!

The popularity and madness of Bitcoin is actually a trend of the development of the times, just like paper money will eventually be eliminated, a cashless society is coming, of course, the future of digital currency may be similar to Bitcoin, but it will never be the current disordered state.

Now the people in China are selling bitcoin like crazy because they guessed the wrong policy under the government's temporary restrictions, but in May this year, a virus war brought people's attention back to bitcoin.

In the three weeks since the ransomware virus spread, the value of Bitcoin has changed dramatically. On May 12, the ransomware virus had just begun to spread. At this time, the price of bitcoin is $1,534 per coin. But soon after, the value of bitcoin skyrocketed, reaching an all-time high of $3,000 per coin in the same month.

Bitcoin has driven the explosion of the surrounding industrial chain. On the hot topic of Weibo, there is a debate about Bitcoin investment. Because her husband secretly used the money for the down payment to buy a house to buy a bunch of "broken copper and iron", his wife broke the news on Weibo for help. The worthless copper and iron in her eyes is actually the mining machine used to discover Bitcoin.

Bitcoin, which has grown dramatically, has been likened to real estate in virtual currency. Indeed, the skyrocketing trend of bitcoin in a short period of time is similar to the growth trend of real estate. Real estate, mainly real estate, has been growing at a rapid pace in the past decade. In the past, due to the irregularities in the way of land transfer and the control of the scale of bank credit, there was a large number of phenomena of savage growth of wealth through land or real estate appreciation in China.

Although the price increase has been sharp, since the introduction of relevant policies by the state, there have been signs of tightening in house prices.

Real estate is related to the living needs of the people, and the state's control policy has a significant effect on real estate regulation.

On the other hand, because Bitcoin is not legal currency in most countries and regions, there are not many regulatory policies for Bitcoin at present. Many people see the freedom of Bitcoin and invest in it.

Investors are investing in Bitcoin, which has caused the price of Bitcoin to skyrocket because Bitcoin has advantages over other currencies.

First of all, foreign exchange controls tend to be stricter, and Bitcoin has become a new channel for investment. In China, obvious channels for wealth growth, such as real estate investment, have been almost occupied by the upper class. Ordinary investors who want to achieve significant wealth growth need to find other ways to invest. Moreover, since Bitcoin is not yet legal in many countries and regions, it will not be affected by national economic policies and international exchange rates for the time being. Therefore, since the birth of Bitcoin, many investors have realized and increased their wealth by buying ** bitcoin. But at the same time, there are also some people who try to circumvent foreign exchange controls through Bitcoin, carry out illegal asset transfers, black market transactions, etc.

Second, the scarcity of a currency determines its value. As the saying goes, scarcity is expensive, and this principle is also true in currency. Unlike traditional currencies, which can be printed and issued by central banks, there are only 21 million bitcoins in total, of which 16 million have been mined through algorithmic "mining" mechanisms, and less than 5 million remain. As more and more people invest in Bitcoin, there will inevitably be a shortage of supply in the market when the number of bitcoins produced cannot keep up with the size of transactions. Due to its limited quantity, Bitcoin is extremely scarce, which preserves the value of the currency to a certain extent – which is a key reason why speculators are keen to speculate on Bitcoin.

It is precisely because of scarcity that large-scale bitcoin "mining" factories have emerged in some remote areas at home and abroad where electricity is cheap. The so-called "mining" is the process of solving some difficult mathematical problem through a program, and then the Bitcoin network will release a certain amount of bitcoin to reward the person who solves the problem.

In 1849, hundreds of thousands of people flocked to California to pan for gold. Quite a few gold diggers have found more or less gold. But after the whole gold rush, it was the people who made the money by selling durable clothes and boots, shovels, and panning for gold and gold plates. Among them, Levi's Strauss, who became a millionaire with jeans, was born. This is the ancestor of the now famous jeans Levi. In the Bitcoin Gold Rush, the story of "you pan for gold, I sell tools to make money" is also repeated.

With the popularity of Bitcoin, a variety of mining machines have also appeared in the natural market to facilitate the operation of small units. There was also a situation where even the "mining machine" graphics card was sold out of stock on the market, which shows the degree of investor enthusiasm for Bitcoin. Among them, the leader of Bitmain such as Yanjing was born, and its business antminer is in an absolute advantage in the entire market, and continues to maintain the world's first market position in the market segment. Its S9 is said to be the most power-efficient mining machine to date.

Currency has no value. From shells to copper coins to gold, currency simply represents an item of value that can be exchanged. Starting with paper money, money became a kind of credential, but it was backed by the credit of the central bank. However, the virtual currency derived from the Internet has subverted the law of official currency issuance and brought a new transaction model to the financial industry.

In some countries such as Germany and island nations, Bitcoin began to be legalized, and people began to use Bitcoin for consumption in life scenarios. According to media reports, there will be 260,000 stores in the island nation that accept Bitcoin payments. With the popularity of Bitcoin, domestic central banks must have paid attention to this problem. However, regardless of the attitude of the official regulators, the bitcoin market already exists and operates in its own special form.

A reporter from the American website The An came to the Northeast to inspect the "Bitcoin mining work", and everything made him dumbfounded. The sound of angry hornets flapping their wings filled the ears, and despite the air conditioning, the indoor temperature reached 40 degrees, and the strong winds created by the tornado fans made it impossible to move forward, and behind these tornadoes, there were countless mining machines. The monthly electricity bill is 400,000 yuan, 24 hours a day, workers work in three shifts, 2,500 machines, and 230 billion hash calculations per second.

In 2017, the ransomware Bitcoin virus came out.

Overnight, "mining" swept the entire Internet again, and "miner" became a new mysterious profession, but this miner is not another miner, it refers to the behavior of mining "Bitcoin" in the Internet finance industry.

The madness of mining lies in the dream of getting rich overnight brought by Bitcoin. Compared with other professions, mining can be completed by only having a computer, without spending any of your own brainpower, and only needs to invest in maintenance costs such as electricity, graphics cards, and computers, and you can sit back and enjoy the results.

And the crazy rise in the price of bitcoin is the reason why there are more and more miners and more and more crazy.

Since its inception, Bitcoin has been a mysterious treasure on the Internet, no one or institution knows where it is and controls it, but anyone can find it by "mining".

It is a mysterious treasure that has been controversial since its birth, and in May 2017 it completed the myth of skyrocketing 2,500 times.

In 2009, it was about one dollar, and in June 2017, it reached a maximum of three thousand dollars.

Xi Ming didn't know about the madness of Bitcoin before, but now he knows that soon the virus will arrive, and Bitcoin will go crazy again, and he wants to seize the last chance to get on the bus!!

Today's bitcoin is 4,000 yuan, and a few months later it will reach more than 20,000 yuan a piece, which is a profiteering fighter in profiteering!

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