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Why Bitcoin has Decimal separator (why the total number of Bitcoin is limited)

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Why does Bitcoin have a Decimal separator

Why does Bitcoin have a Decimal separator Why does Bitcoin have a Decimal separator? In order for people to have a more intuitive understanding of the principles of Bitcoin, we first need to understand what Bitcoin is. How does Bitcoin work

There are many statements about digital gold in the field of Cryptocurrency, but in fact, no Fiat money can be used as value storage like paper currency. Over time, more and more evidence has proven the correctness of this viewpoint Although these statements are all incorrect, the fact is not so. In fact, according to data from CoinMetrics and BitInfoCharts, although Bitcoin has reached the $100000 mark, its trading volume is much lower than its level in 2017 (when Bitcoin was priced at $19000). Therefore, many controversies have arisen. However, this does not mean that Bitcoin is a good example, as it does have a wide range of usage cases. It also provides some useful information:

1. When someone wants to package a line into a long chain, you must give the correct answer at the end of a line; If you want to use another line, you can send a message to another person and enter your address to obtain the link; If you want to view someone else’s address or wallet address, please make sure to check if their private key exists with the original password. That’s why everyone needs to do this: if I can find a letter, then I can start searching for it! So, no matter what situation, don’t believe that others will send me messages. Just like anything can happen the same thing, this is where humans think about themselves Here are a few key reasons: the volatility and price fluctuations of Bitcoin are not suitable for most investors to hold their BTC, and this situation also applies to those who believe that their BTC will appreciate or fall in the future and feel uneasy. Therefore, the collapse that followed the halving of Bitcoin and the upcoming bear market have deterred many people. The biggest problem with Bitcoin is the lack of increased liquidity, which prevents people from obtaining enough funds to invest. In times of extreme excitement in the market, Bitcoin experienced a significant increase – from reaching a historical high of $62000 on August 13th to now reaching a high of over $27000, and even Bitcoin has dropped by more than 90%. What is the risk of Bitcoin? Due to the fact that most people have not purchased more Bitcoin, the price of Bitcoin is also constantly skyrocketing. For example, in December 2017, after a 30% drop in the US stock market, Bitcoin once again broke through $10000, with an increase of nearly 60% to approximately $46000 so far. (Image from Coinmarketcap)

Of course, a few experts have also predicted that Bitcoin will experience a greater pullback. However, it is also pointed out that “the market decline this time is mainly driven by retail participants,

Why is the total number of Bitcoins limited during a bull market

Editor’s note: This article is from Cryptovalley Live (ID: cryptovalley) Author: Ben Edgington, Translated: Olivia, reprinted with authorization by Daily Planet Daily The total number of Bitcoins is limited. Why? Because in the past few months, as more and more investors have participated in this field, it has been growing and expanding. But now another unsettling issue has emerged Although many people believe that Bitcoin may be better than gold in the long run, or at least potentially cheaper – these issues are not the entire reason for all encryption enthusiasts, they all need to be addressed or accepted in order to be meaningful. However, the fact has proven this – we must admit that everyone’s demand for Bitcoin is the same – which has led to a surge in Bitcoin prices. So what hinders this development? In fact, some studies have shown that as most BTC holders are purchasing more BTCs, they may lose their supply and gain more value. In fact, if the number of miners is not taken into account and doubled, there is no guarantee that having enough money will make their wealth more useful, larger, and sustainable. For example, according to CoinMetrics, it currently accounts for approximately 7% of the circulation supply, while approximately 10% of ETH is locked in Although people often use ‘scarcity’ to determine whether Bitcoin is a good currency choice, in practice it is. When we start thinking about this situation, we will find a very strange thing happening. As mentioned on Bitcoinist, only 21 million BTCs exist in the blockchain. However, it is not important for those who wish to transfer assets to anyone else. That’s why few large companies can raise funds through Bitcoin

First of all, almost all the digital currencies in the world have their own prices, and most of them flow between exchanges. Secondly, Bitcoin is not issued by a separate institution, but rather as a tool provided to users, allowing them to trade and exchange. The third possibility is that if an entity can control more than 50% of the network’s computing power, it can create multiple blocks while maintaining the secure operation of the network. The fourth scenario is that even if someone tries to create a new system in some form, they can still contribute to the entire network. In addition, there is another type of situation that is common:

1. Bitcoin’s on chain activities are different from traditional financial markets

2. Bitcoin can be used for various commercial purposes.

. Usually, this means that customers do not need to sell their own extracted Bitcoin to earn fees.

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