How to distinguish true and false virtual digital currency crowd

1.

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

2. It seems that there are many virtual currency trading platforms, including foreign and domestic ones, good and bad ones. Traders should pay special attention to the choice of good trading platforms. Good trading platform performance in the supervision, customer funds deposited by the bank and other aspects. In any case, we should be patient and careful on the screening platform. In terms of supervision and bank deposit management, the Kingdom seems to have it.

3. 1、 Classification
1. Digital cryptocurrency: a digital currency created, distributed and maintained by cryptography and verification technology. The characteristic of cryptocurrency is that it uses peer-to-peer technology and everyone can issue it. For example, bitcoin, lightcoin
2. Shanzhai coin: imitates the theory of digital cryptocurrency, applies digital encryption technology such as blockchain, and issues digital currency in different instries
3. Air currency: fabricated application background. It uses blockchain and other technologies as packaging, constructs value system at will, takes illegal possession as the purpose, and swindles investors by Ponzi scheme< Second, profit model
1. The profit model of digital cryptocurrency mainly includes proction and investment speculation. Proction is also known as mining, different procts have different proction modes. Its principle is to calculate the number by computer, and finally get the encrypted string in accordance with the formula. Investment speculation is the same as investing in ordinary financial derivatives. With the change of market supply and demand, the value of money will change periodically
2. Shanzhai coin: the profit in the early stage is similar to Ponzi scheme, and the customer level is built by direct selling. The principal of later investors is the source of profits. The difference between air currency and air currency lies in: first, it has a certain theoretical application basis, such as Internet traffic, agricultural application, etc. Second, through the operation in the later stage, it can proce a certain monetary value. Third, it has certain circulation
3. High return, rapid accumulation of funds< Third, legal definition
1. It is not allowed to issue and trade digital cryptocurrency in the people's Republic of China, and its legitimacy is questioned. The main reason is that the supervision of digital currency is difficult, which may restrict the circulation of currency. In addition, because digital encryption currency has no solid value support, the huge economic bubble will easily cause financial system risk.
2. Therefore, this kind of business is the main body of the market. Most of the issuers are located in Malaysia, Singapore and other areas with relatively lax supervision and relatively open financial markets
3. Strike hard. One case was found, investigated and dealt with, and identified as financial fraud. The main issuers are generally in Myanmar, Cambodia and other areas where military protection forces are more prevalent. After raising funds from Chinese mainland, the local military will pay protection fees. Later, he directed domestic crimes abroad.

4. Can issuing money as a kind of financial management.

5. 1. Real virtual currency limited no additional issue
2. The real virtual currency must be traded on the international trading platform and can be realized
3. The real virtual currency has open source code! Have your own independent wallet! Each coin has its own code and value
4. Real virtual currency can be mined by mining machine! It has its own specific algorithm
5. Real virtual currency can be exchanged with bitcoin and US dollar
6. Real virtual currencies can be exchanged!

6. In fact, there are many ways to identify this. If it is in the secondary trading market, then the mainstream currencies must belong to the real currency. Secondly, in the case of offline landing, because there are not many participants recently, the currency with small transaction volume is also real currency
the other is the private + raised currency which has not been listed in the secondary market and is currently in the ICO stage. This kind of identification will be difficult. First of all, you should be familiar with the white paper of the project. Secondly, let's see what the landing scene is like and what the later plan is.

7. There is no difference between true and false digital currency, and there is no difference between good and bad digital currency. Digital currency is just a tool, the key is to see who plays with it. Some people just use digital currency as a tool of pyramid selling, making money out of thin air, carrying out false propaganda and taking money away
if you don't understand digital currency, you'd better not touch it. The water of digital currency is very deep. Digital currency is even more chaotic, deception is repeated. If you are interested, you can first learn about the crowdfunding project token on coin Ying China platform.

8. As the practitioners of blockchain digital currency, generally artificial investment can be classified into three types
1: in the secondary trading market, according to the most original trading rules, you can buy up a single item and only buy mainstream currencies
2: find a good digital currency hairstyle, buy the original currency in the primary market, wait until the currency is in the secondary market to earn the profit you want, and then close the position to make a profit
3: according to the new rules of many trading platforms, leverage, margin and two-way trading are also added in the secondary market
in fact, it mainly depends on personal choice!

9. Friends are advised not to go to this platform and use RMB to buy virtual currency. 80% of them are routine, and their own capital account is safest

10. You can check the registration certificate, regulatory authority and operation certificate of the exchange. Toobi, there are all these, no need to say