Monthly refund of digital currency
Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money
There are three characteristics of digital money MLM:1. Digital money is a real proct, and it is highly packaged
2. The participants can get a head pulling reward, and the prize is the digital currency itself
3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot
in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc
extended materials:
five ways to distinguish whether digital currency is pyramid selling currency:
1. Issuance mode
virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head
2. Transaction mode
virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform
3. Implementation method
virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency
4, whether to give the source code link
General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code
5, whether the official website starts with HTTPS
generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS
First of all, we need to know what digital currency is. Digital currency is characterized by decentralized transaction currency. The most famous is bitcoin. However, digital currency has not been recognized by China in recent years. Recently, China plans to issue China's digital currency DCEP, or DC for short. Digital currency itself is currency. When you ask how to make money, you are actually asking, How does money make money? In fact, there are many channels. First, we will have funds in the later stage to conct private placement of digital currency. Second, how do we usually earn RMB? Now, when we promote the use of digital currency in China, we will use digital currency to earn money
as a digital currency, in fact, what China issues is similar to legal currency. The purpose of legal currency is to stabilize the RMB, which should float up and down 1:1 per second. According to different exchange rates, DCEP: usdt will float up and down 7:1. In the later stage, it may be 1:1 according to China's increasing competitiveness, which is also graally declining in recent years
as a digital currency, if you want to make money, there are many ways. Major exchanges can convert it into different digital currencies. Other digital currencies may not be as stable as usdt and DCEP, and the price will keep rising and falling according to the demand. At this time, we can buy and sell stocks in a similar way to earn the price difference, If you don't enjoy it, many digital currency exchanges provide contracts, which can buy and sell multiple times, or be bullish or bearish, or even hundreds of times at most. Many people get rich through this way, but there are also many people who lose their property. In addition, this kind of exchange will make your currency return to zero in a way, We should be wary of many such exchanges running away - refer to the second largest exchange checked OK exchange
in addition, as a national form of digital currency, there should be short positions. For example, China's state-owned enterprises carry out digital transformation to form community-based currency, which may be airdropped according to the DCEP they hold. This is my guess
in addition, defi's liquidity mining, commonly known as market making, is more popular now. In the later stage, it may replace the exchange. Everyone is an exchange and can charge a handling fee
first, get more digital assets through mining. It can be "mining", it can be "private" exchange, it can also be ICO. There are just a few forms, the purpose is to make the number of digital assets in your hands change a lot. So when the price is stable, relatively speaking, it will make money
Second, to collect money and stir fry money. Reasonable use of time factors to earn the price difference of digital assets in hand. Buy low and sell high, similar to the operation of the secondary stock market. For example, if you buy when the price of bitcoin is low and sell when the price of bitcoin is high, you can earn RMB price difference, which is the simplest way to make profits. At present, the mainstream trading markets have moved to foreign countries, and bitcoin based digital currency transactions are mostly based on currency transactions, and the channels of legal currency exchange are less and less, and more and more hidden. Participation in this link requires a certain degree of professionalism. The long-term profit depends on Tun coin, and the short-term profit depends on speculation
thirdly, when a new technology or new proct just appears, it is profitable to popularize information or use information gap as an intermediary. Remember that famous example? There was a famous "gold rush" in the history of the United States, which attracted many people who dream of making a fortune overnight to go for gold. Gold rush may make a fortune overnight or get nothing. And smart people provide food and water for gold miners on their way. These people are called "water sellers", and they are sure to earn money. The blockchain gold rush is madly attracting countless ordinary people, and has also made many media companies and consulting platforms in the blockchain instry< 4. Issue currency. Ordinary people can also use Ethereum network to release their erc20 token through simple learning. Small companies with a technical team can gather the strength of the technical team to develop more perfect blockchain applications, so as to issue corresponding tokens and finance coins by means of private placement or crowdfunding. In order to get a lot of wealth. Sun Yuchen, the founder of the famous wave field, is a post-90s. In a few short months, it has achieved a market value of 100 billion yuan. It's full of money
5. Be a community and collect es. The so-called community, in the world of Internet people, is called community. The speed of the coin circle as a community is really fast and fast. Many people build groups in chat software such as wechat, and constantly send propaganda information of various blockchain projects. These information are mixed and highly overlapped. It's overwhelming. The ultimate goal of most people in this way is not to collect es, but to take people in the group to invest in a blockchain project and earn intermediary fees or token rewards< 6. To be a trading platform such as an exchange. Such as "fire coin" and "coin an", the myth of "sudden wealth" of young start-up companies represented by the post-80s generation has refreshed people's cognition again and again. There are discussions, there are transactions, there are transaction fees to earn< 7. Futures trading. Bitcoin has been online for futures trading. Some foreign futures companies can provide account opening and information consultation. Some currency exchanges, such as dew, Huobi. Pro, also provide short selling services. In essence, it is a kind of futures trading. In addition, there are some leveraged trading platforms in the market. In their own foreign exchange margin trading platform, they provide btcusd currency pair trading, with high leverage, the possibility of return and risk are magnified hundreds of times
8. Register to receive "candy" for free, and the token itself has the attribute of business points. Many technical teams take advantage of this and publish some small projects that can receive candy by registration. Each project can receive "candy" award or "mining machine" award according to different periods. Strictly speaking, this kind of project is not a blockchain project, but it is full of the whole coin circle. Many people use their spare time to register on the platform, and they can get tens of thousands of yuan of extra income every month, which can be regarded as collecting the wool of market speculators< 9. Application development. Those who have certain development technology and seriously study blockchain technology can develop blockchain applications. Finding a clear positioning of an instry, trying to rewrite the rules of the game with blockchain, and developing distributed application DAPP are the direction of blockchain technology. At present, there are not many teams with development ability in China, and projects made by technical teams with real talents are generally supported and liked by funds. The secondary market usually performs well, too< 10. Technical training. At the beginning of the blockchain market, many people did not understand what blockchain was and how to participate in blockchain investment or technology development. The emergence of training companies is inevitable. Some domestic blockchain enthusiast alliances, blockchain technology teams, blockchain investment institutions, etc. have begun to do such technology popularization and information services
11. Carefully study some blockchain applications and earn token rewards corresponding to blockchain applications in their systems. At present, some blockchain applications have been implemented and run successfully. The fundamental difference between blockchain projects and Internet projects lies in their perfect reward mechanism. Generally, customers will be rewarded by token. The reward itself can be sold for profit.