Bitcoin White Paper 9th Anniversary! Bitcoin Market Value 7000000000000 Yuan!

Nine years ago today, on November 1, 2008, a mysterious cryptography geek with the pseudonym Satoshi Nakamoto published the Bitcoin white paper, "Bitcoin White Paper: A Peer-to-Peer Electronic Cash System". Since then, Bitcoin has gradually entered the mainstream vision. So far, Bitcoin has been with us for 9 years.
Looking back over the past nine years, Bitcoin has experienced so much:
On November 1, 2014, the price of Bitcoin was only 2,091 yuan;
On November 1, 2015, the price of Bitcoin was 2,200 yuan;
On November 1, 2016, the price of Bitcoin exceeded 5,000 yuan;
And today, the price of Bitcoin has soared to 40,444 yuan!
I have to say, this is a miracle!
And today, November 1, 2017, has become the most expensive day since the birth of the Bitcoin white paper!

According to data from the BitTimes trading platform, the price of Bitcoin has been rising sharply recently. After hitting a high of 40,900 yuan on October 30, it has basically stabilized above 40,000 yuan. As of press time, the price was 40,444 yuan.
Compared with the same period last year, the price of Bitcoin has increased eightfold, and its market value has exceeded 107.1 billion US dollars, which is about 700 billion yuan in RMB! If you use eight zeros to represent 100 million, it should be 700000000000 yuan!

Bitcoin market cap, from coinmarketcap.com
Since its birth, Bitcoin has attracted thousands of investors with its anonymity, global circulation, high efficiency and convenience. Moreover, as a decentralized cryptocurrency, Bitcoin has defeated traditional banks in the field of cross-border payment applications. Due to its low investment threshold, Bitcoin is deeply loved and welcomed by local people in countries with underdeveloped economies or imperfect financial services, such as Venezuela and Zimbabwe.
Currently, Bitcoin has become the focus of global attention due to its fierce price increase and the rapid development of Bitcoin blockchain applications. However, at the same time, some countries have formulated regulatory policies for this cryptocurrency due to financial risk considerations.
In September this year, the central bank and seven other ministries and commissions issued a document, and Bitcoin exchanges officially withdrew from the market in China yesterday (October 31). This is an important page in the history of Bitcoin's growth, but the development of Bitcoin will never stop here.

Bitcoin still has another nine years to go. In the future, as Bitcoin becomes more popular and well-known, and as its technology matures, Bitcoin, the originator of digital currency, will surely create more value for people!
Today, let us wish it a happy 9th birthday!