The entire digital currency bull market in 2017 attracted countless people's attention. The distributed ledger technology of blockchain has been talked about by more and more people. Practitioners expect that this technology and the token economics derived from it will either subvert the traditional Internet or bring a little change to this traditional world. The latest news is that the husband used all the money for buying a house to buy Antminers, which caused a rift between the couple and eventually led to divorce. According to the wife, it is more important to pay a down payment early, buy a house and have children, but the husband thinks that she is too young to be burdened by children and houses. The more important thing is to buy a batch of Antminers to mine Bitcoin. Maybe she can get rich and buy a bigger house. The quarrel between the two is even more bizarre than the story of divorce and house buying. So is mining Bitcoin really more reliable than buying a house? At least from the reactions of netizens, everyone still supports the wife, which also shows that the public still regards Bitcoin as more of a risk than an opportunity. As for me, most people may lack knowledge about digital currency, let alone take action. In fact, most people have this attitude towards new things. They are slow to recognize them, and will doubt, reject, and refuse to accept them. But when you really pay attention to them, new things have already become a commonplace and known to everyone. It reminds me of a saying: When the times throw you away, they won't even say goodbye. Now let’s look back at the past ten years of Bitcoin It has been nearly 10 years since the birth of BTC in 2009. In these ten years, BTC has gone from being worthless to being valuable now, from being unknown to being a household name. BTC has gone through so much. On May 30, 2008, the Shanghai Composite Index opened at 3739.8 points and closed at 3433.3 points; On May 30, 2018, the Shanghai Composite Index opened at 3087 points. After 10 years, the stock market is still at 3,000 points. On March 20, 2008, international crude oil was $147 per barrel and domestic oil price was $6.3; On May 26, 2018, international crude oil price was US$75.56 per barrel and domestic oil price was US$7.4. It's been 10 years, and the price of barrels has increased. On May 22, 2010, a programmer named Laszlo Hanyecz bought two pizzas with 10,000 BTC. At that time, one BTC was worth only 0.003 cents. On May 30, 2018, the market price of BTC was $7,500. In 8 years, BTC has increased 2.5 million times. I am very glad that those who follow Jiumeier are among the first batch of people who entered the digital currency circle in China. They are all trendsetters who love to learn and act diligently, and they follow the trend of the times. They are much more knowledgeable than most people, and they have participated in practice very early. This will be our precious wealth and determine the future development direction and personal future. Moreover, we are still in the early stage of digital currency development, the market dividend period, and there are many opportunities. I hope everyone can seize the opportunity. But compared to buying and selling Bitcoin, mining Bitcoin is more like a business, and the risk is not as great as trading Bitcoin. Even when the price of Bitcoin is not that high, mining is a profitable thing. Mining is a tough business at the moment, but the profit is stable. If a husband finds a suitable place to provide electricity, the mining machines in his hands can still mine bitcoins worth much more than the cost. This investment is not necessarily worse than buying a house. A fan told me before that he mined another kind of currency similar to Bitcoin many years ago. After mining for a year, it was only worth a few hundred yuan. He deleted the account in anger. Recently, he checked and found that it had increased in value by thousands of times. He was equivalent to deleting a house. So time is really interesting. One thought can lead to heaven or hell. In general, many new things will be born in the technological age, which contain huge social value. We must study more new things. Maybe there will be opportunities to make a fortune among them. |
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