Ethereum contract burst

1.

First of all, we need to understand what is MLM:

MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers

However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your money

then judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join

extended materials:

Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable

from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country

after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious

resources : Ethernet money network

2. 2020 is the first year of proction rection. Everyone turns to BTC, BCH, BSV and other currencies. However, you forget eth. As the king of the public chain, ETH will usher in the big upgrade of 2.0 super version in 2020, switching from the pow mechanism to the POS mechanism. In addition, it will face proction rection in March next year, and its circulation will be reced by 10 times. Its impact is no less than that of bitcoin proction. Since the beginning of the year, the trading volume of eth has grown explosively, and the institutional capital has poured in to preempt the layout. However, the current price of eth is only 260 US dollars. With many super favorable blessings, the market expects eth to usher in a super bull market< In theory, the circulation of next year will be reced by 10 times. In theory, the current price of eth is 260x4 = US $1040 (upgrade + expected price after proction rection)

ring this period, the return comparison between holding spot and ETF fund is as follows:

1. Holding spot makes 4 times of profit
2. Holding Ethereum ETF fund makes 12 times of profit, Up to 30 times (intelligent position adjustment + fund compound interest calculation)

there is no doubt that the Ethereum ETF launched by bitoffer is the best investment choice!

3. 1. Burst: burst is a loss greater than the margin in your account. After the company is forced to level, the remaining capital is the total capital minus your loss, and generally there is still a part left< There are two cases of futures position explosion:
one is that the futures customer still owes money to the futures exchange after closing the position, that is, the floating profit and loss of the account is equal to or greater than the total capital of the account, that is, the customer's equity is less than or equal to 0, The margin on the account can no longer maintain the original contract. This kind of margin "return to zero" caused by forced position closing e to insufficient margin is commonly known as "position explosion", and the meaning of "position penetration" is the same as "position explosion"
at present, the phenomenon of position explosion is basically not allowed in China. There is a limit on the rise and fall in China. When the margin is kept below, futures companies will automatically close their positions. Among the Hang Seng Index Futures in Hong Kong, the Hang Seng index is a 4-hour trading system. The next day, there may be a large short jump or high jump, which will lead to the reversal of the position. As soon as the market opens, the position will explode, or even be negative. A negative number is the money owed to the futures trading company because the futures brokerage company pasted the money to the futures exchange to close the customer's position. For example 1: data example 4: before the opening of trading on August 11, the customer did not give the margin that should be added to the futures company, and the stock index futures contract in September fell by 90 points, opened at 1060 points and continued to fall. The futures brokerage company forced the closing of 15 long positions of the client, with the transaction price of 1055 points

3. Foreign exchange position explosion: foreign exchange position explosion refers to the situation in which the customer's equity in the investor's margin account is negative under some special conditions. When the market changes greatly, if most of the funds in the margin account of investors are occupied by trading margin, and the trading direction is opposite to the market trend, it is easy to burst e to the leverage effect of margin trading. If the burst leads to a deficit and is caused by investors, investors need to make up the deficit, otherwise they will face legal recourse.

4. It depends on how you trade it. If you only buy, hold for a long time and sell at the top of the local market, is the risk small? But for example, if you trade with high leverage at primexbt, because the risk is high but the interest rate is also high, it is very likely that you will burst or turn over your position.

5. Ethernet investment should choose the formal platform and channel
SMA International China theater will land in China on September 18, 2018. At the global blockchain summit held in Sydney, Australia yesterday, the online time of SMA International China theater led by V God was officially determined
v-god and eth team openly invite 108 powerful dream partners from all over the world to create wealth together
on January 10, 2019, SMA international invited 108 dream partners to board the Dream Cruise for free, starting the first stop of the global tour for free
recruitment requirements:
dream leader with a strong team, leader of a team with more than US $2 million in China theater of SMA international platform, and within 108 members of SMA international team
only with this condition, God V is really crazy. When he was young, he boasted so much, which shocked the currency circle. Now the leaders of the major currency circles have begun to prepare! What are you waiting for? The quota is limited. Hurry to fight for it. The whole family can participate in this activity. It's free
the activity has started!