The effect of bitcoin. About the cryptocurrency today, speak from each iron

In the U.S. state of Colorado, one person died, leaving the family nothing but debts. But then it turned out that during his life he invested in bitcoin when it was worth the ridiculous $13, not thousands like now. And now the heirs are scratching their heads over how to issue the ownership of this imposing, but intangible heritage.

In the UK the other man threw away my old laptop, filled with lemonade. And then I remembered that there were as many as 7500 bitcoins. Early mining cryptocurrency was considered a lot of geeks and were fraught with complications in his personal life. This particular person stopped mining at the request of a friend, because the laptop is too noisy. If they only knew! Today, this laptop is worth at the moment, $75 million Poor British guy for several years now trying to dig in the local dump its state. And with the girlfriend he probably broke up.

In the Russian Kaluga the third man wanted to make his wife a nice gift, and then on the street he just offered to buy bitcoin cheap. The coin was pretty to look at, and the seller was clearly referring to stock news, spoke in favor of the inevitable growth of bitcoin price.

In Belarus, the fourth person, an artist, sold a painting for bitcoin to 0.127 in July 2017, which was equivalent to $300, and by November reached the level of 1360. Sell art for the cryptocurrency, he said, “an unexpected pleasure”.

In Ukraine, the SBU investigators busted an illegal bitcoin factory, which was located somehow in the pool of the Institute of Paton. Although the issue and circulation of cryptocurrencies in our country law is not settled, and simply illegal, people are already being engaged in the purchase, sale, exchange, Absalom. In General, all that we love.

Bitcoin will probably become the word of 2017 by the Oxford dictionary, like “PostPage” in 2014

Today, even the Humanities knows that bitcoin is something digital (and therefore modern) and rapidly rising in price (and hence the balloon!). And to stay completely away from bichenovii of fever, without experiencing a pang of envy and anxiety “and if I don’t miss the chance of a lifetime”, you need to have a remarkable composure. Or mind. Or that and another together.

And the average mind to understand all this very difficult.

“Bitcoin is money that belongs to you that is impossible to forge or steal and which can be calculated at any point of the globe where there is Internet”. I suppose it’s understandable.

“Bitcoin is a technical tool for the implementation of payments, which people just agreed. Something like shells or beads in the good old days”. Also not Fermat’s last theorem, it is possible to master.

“In the process of emission of bitcoin consumes a certain amount of electric energy.” Electricity has a cost. Okay, okay.

“Emission of bitcoins is carried out by members of the global network, and it is not controlled by no Central Bank and no government.” Not only understand, but welcome!

“Bitcoin mining is related to their cryptographic framework”. Uh, what?

“Payment system bitcoin with the help of mathematics copied the basic qualities of money.” As copied? Where?

“Bitcoin a peer to peer payment systemthat uses the same unit to account for the operations of the same name and data transfer Protocol“. A set of letters.

In General, bitcoin most of us see technology of the future. But only few understand how this technology should be treated.

Psychological sense of bitcoin, therefore, is the combination of a powerful motivation to be involved and part of something new and valuable from the extreme uncertainty and proofed technology for the masses.

Under normal circumstances, a situation with an uncertain outcome are pushing people to the risk behavior only in cases if the risk is minimize loss. Not to lose is more important to us than winning. In the Sciences about the behavior of this pattern is called the “reflection effect”, and it regularly works in making us any decisions regarding investment, marriage, education, voting in elections etc.

But during the financial fevers, and the dynamics of the value of bitcoin today has signs of such, this effect stops working.

The prospect of quick and easy enrichment activates in us children’s imagination and provokes a sense of euphoria. This feeling is so strong that, entering into conflict with natural for risky and uncertain situations anxiety, it easily drowns out, and with it inhibits and sober calculation of risks and probabilities. The effect of novelty, and novelty is almost the second name of bitcoin, only fuels euphoria and makes the imagination run wild even more. In addition to all about bitcoin today speak from each iron, and this creates additional psychological pressure on a confused mind. If all around are seeking to invest or mine, then you need me!

Emission of bitcoins is limited to 21 million of anything, and today in the world issued by 16 million in a Hurry! There are only three sets!

Fantasy immediate enrichment sooner or later split on the reality principle. Bichenova fever subside, even if the payment system bitcoin will be massively used around the world and change our lives. The ratio of rich and poor, happy and unhappy, healthy and sick people will remain the same, with or without bitcoin.

But somewhere in the back of his mind persistently bear terrible picture of the near future. Where, like the worlds of Harry Potter, humanity will be divided into Muggles and wizards, to humanists and those who understand the meaning of the phrase “bitcoin mining is related to their cryptographic framework”.

You will not prompt, where it is profitable to buy bitcoin?