The development of the United States was also accompanied by a huge wave of immigration. The beginning of the last century was the third wave of immigration in the history of the United States. The total population of the United States reached 100 million. Counting from 1820, the number of immigrants accounted for the United States in the 100 years to 1920. More than 20% of the annual population growth. The three waves of immigration in American history have had a profound impact on the formation of American national character. The bottom of European whites and Mormons formed the loyal foundation of society. At this point in time, it happened that the last economic cycle reached the recession cycle, and the population increase reached the apex of the phase, and a demographic dividend fault appeared. On the other hand, the steam engine era has reached the climax of history and has begun to decline, and the electBitcoin private keyrification era has not yet shown its strength.
At the end of 2013, as Bitcoin reached the high price of US$1,200, Bonerz began to criticize himself frantically in front of his family. In 2017, with Bitcoin exceeding $10,000, Bonerz finally chose to commit suicide due to his lost wealth.
From 2013 to 2014, the prices of Bitcoin and other altcoins did attract the attention of mainstream media, but these attentions were all mocking the extent of the market's loss. However, the current situation is not the same. In the bull market of 2017, when the price of Bitcoin reached five thousand U.S. dollars, mainstream media began to report on digital currencies every week; when the price reached 10,000 U.S. dollars, the headlines became daily, and well-known media such as Bloomberg and The Wall Street Journal , CNBC, and Time Magazine also joined the report. In particular, CNBC has invested a lot of energy in publishing digital currency-related information on its website platform and regular TV program Quick Money.
(Original link: redditr/btc/comments/93pf9h/why_i_choose_bitcoin_cash_over_bitcoin/)
When Bitcoin was halved for the first time, the main mining force was still retail investors, mainly GPU or CPU, and professional mining machine ASICs had not yet been widely popularized. In the second halving, although the emergence of mines and mining pools and the popularity of ASIC mining machines can give miners greater determination to withstand the shock of computing power, after the halving, the average computing power of the entire network still has A certain degree of decline.
During the operation of the Bitcoin network, it has undergone many iterations and upgrades before it became the version we see today. It is very common for any software or program to encounter loopholes and patching during the development process. This is like the construction team digging holes in the mountains and building bridges inBitcoin private key the process of construction.
The adjustment range of the traditional capital market is smaller than that of cryptocurrency. In addition to the mature business model and legal system guarantee, policymakers can implement counter-cyclical adjustments in extraordinary times or when the market fails, and the government can use the visible hand to stimulate the economy. Even rescue the market in the stock market. The cryptocurrency market is currently a completely free market, and there is no intervention in the rise and fall of investors. The optimism and pessimism of investors will be several times larger than that of the traditional capital market, so it is prone to skyrocketing and falling prices.