Fire coin invites founder of lightcoin to live broadcast
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central authority. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
1. Entry fee is required
2. Need to constantly find partners, and set up a team under the guise of doubling income to ince others
3. Decide how much you will get in return according to the number of people below and their business performance< Article 7 of the regulations on the prohibition of pyramid selling of the State Council is an act of pyramid selling:
(1) organizers or business operators, through development personnel, require the developed personnel to develop other personnel to join, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits
(2) the organizer or business operator, through the developer, requires the developed person to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other persons to join and seek illegal interests
(3) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join, forms the relationship between the upper and lower line, and calculates and pays the online remuneration based on the sales performance of the lower line, so as to seek illegal interests.
On September 4 last year, the central bank issued a document clearly calling for the suspension of token issuance financing. This kind of financing subject raises so-called "virtual currency" from investors, such as bitcoin and ether coin, through the illegal sale and circulation of token, which has been prohibited in China since then. Now half a year has passed, what is the market situation of virtual currency? CCTV financial channel investigation team concted in-depth reports on this
the following is the whole process record of CCTV's "news survey", edited and sorted by the app of liandede:
still hot money speculator
in January this year, Yang Chao, a virtual currency investor, saw the price rise of bitcoin and raised money for investment, but he lost tens of millions in less than two months
virtual currency investor Yang Chao: I bought bitcoin at 100000 yuan per gram at that time. Then I bought about two million and three million bitcoin at this price. After that, the price of bitcoin began to decline. Then every 10% decline, I made up for it, made up for it, and bought it
In fact, this is not the first time that Yang Chao has fried currency. Before the ban on token issuance financing and trading platforms, his losses had exceeded 2 million. Reluctant Yang Chao believes that the ban on ICO issued by the central bank has no effect on investors like him. However, the result of re-entry is even more disappointing 
the frequent occurrence of air currency and the increase of newly issued tokens by more than 30 times
in the document issued by the central bank in September last year, the issuance and financing of tokens was clearly defined as: "in essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities." However, because of the technical convenience, there are still a large number of domestic "virtual currency" investors buying and selling tokens, and even the situation is getting worse. Why is it so hot
Mao Hongliang, director of the blockchain Research Office of the national Internet financial security technology expert committee: after September, the online digital currency has been much richer than before. For example, the online currencies of fire coin and OK are more than 100, which is even richer. Before September 2017, there were basically three, bitcoin, lightcoin and Ethereum
is increasing in the number of new currencies. Li Xiaolai, known as "the first person of bitcoin in China", admitted that it is impossible to avoid the bubble in the token market. Behind the enthusiasm of investors and the endless emergence of token issuance and financing is the continuous breaking and even direct disappearance of token in the market
Li Xiaolai, a virtual currency Investor: there must be some coins that have been invested that have disappeared, disappeared and become rotten. There must be, and the proportion is still quite large. I'm sorry not to tell you. Who has nothing to say that you see me so stupid. It is obvious that there are bubbles and bubbles, but no one knows where the bubble is. The most dangerous part of p>
in the bubble is the "air coin" which has no solid project support. p>
on January 15, 2018, hero chain, known as the world's first gaming platform supporting digital cryptocurrency, was "broken" when it went online, and its issue price dropped from 0.6 yuan to 0.05 yuan
On March 14, the Public Security Bureau of a county in China filed an investigation on suspected fraud.
in January 2018, the space chain, which focuses on "launching satellites" and building the concept of space operating system, carried out ICO
on January 10, it issued token SPC to private investors, and in just one day, it raised nearly 1 billion yuan.
on March 28, it launched a private placement, On February 1, 2018, the art chain was suspected of false publicity and fell into a coin refund storm. After that, the project side carried out a 1:1 buyback. At present, the website is offline and the founder is missing
There is another important reason for the frequent occurrence of "air currency". Different from other financing projects, the financing subject of token issuance financing does not need to be a real company, just a temporary "team" can become the financing subject. After the central bank banned the issuance of token financing, the original domestic token projects have chosen to move their servers and the registered places of financing entities abroad. The token financing project with the "team" as the main financing body does not even need to move the registered place out, and it can continue to raise money as usualthe celebrity platform ignores the value and falls into the capital game
there is a logic behind the issuance of a large number of different kinds of tokens, that is, each token is a "virtual currency" based on a certain blockchain technology or application. Theoretically, to be optimistic about this token is to be optimistic about the blockchain technology behind it. However, even some air coins, i.e. tokens without any real items behind them, are still accepted by the market in a round of soaring and plummeting market. What's going on
the reporter found that for ordinary investors, in the current pricing of virtual currency, even the token with real entity project support is difficult to price with reference to the IPO project and the valuation of entity project. In the case of completely opaque information, the price of a virtual currency completely depends on the packaging of the project, or even who is responsible for the project. Li Xiaolai often appears in the publicity of some projects and becomes a platform person, including some air projects
experts say that as long as the capital is willing, even if there is no project behind the air currency, there is a possibility that the price will rise sharply. Because of the lack of effective supervision in various countries, capital can easily circle the funds of small investors through the up and down game. This kind of operation is not difficult for a large number of newly issued tokens or small currencies with small total amount of financing in the current market. The risk of the "virtual currency" market is magnified by non disclosure, non transparency, uncertainty of project value and investors' expectation of sudden wealth
Liu Xiaolei, director of the Department of finance, Guanghua School of management, Peking University, and director of the blockchain laboratory: you have no value, but you can still speculate very high. Why is bosha? Although the value is zero, I'm selling it for ten yuan now, and others are willing to buy it for the next twenty yuan. I'm looking for a bigger fool to sell it to him
fire coin network generally refers to Beijing fire coin World Network Technology Co., Ltd.
Beijing digital currency trading company
Beijing fire coin World Network Technology Co., Ltd. is a digital currency trading company, founded by Li Lin in Beijing on May 1, 2013. On April 4, 2014, huoyuan.com won a round of tens of millions of RMB investment from Sequoia Capital, the top venture capital institution on Wall Street. On August 5 of the same year, fire coin acquired bitcoin wallet "fast wallet" and qukuai.com<
Chinese name
Beijing huoyuantianxia Network Technology Co., Ltd.
foreign name
Huobi Technology Co, Ltd.
headquarters location
Liangsheng building, Middle Road, Xierqi, Haidian District, Beijing
business scope
digital currency transaction
founder
Li Lin
total transaction volume
200 billion yuan (as of 2016)
all authoritative information
legal representative
Li Lin
business status
in business
registered capital
100
registration time
December 18, 2013
registered address
the first floor of 29b building, No.11 anningzhuang Road, Haidian District, Beijing The above information is provided by tianyancha
94% of the people have also seen the
China coin exchange
blockchain news platform
reliable and profitable blockchain app
Company Profile
fire coin is committed to building a safe bitcoin trading platform, and the team has many years of financial risk control experience. The core members graated from Tsinghua University, Peking University, Fudan University and other domestic famous universities, and came from domestic Internet and financial enterprises such as Goldman Sachs, Internet, Oracle, Tencent and Alibaba
in April 2015, fire coin set up fire coin blockchain Research Center, and established "digital asset research project" with Internet Finance Laboratory of Wukou School of finance, Tsinghua University (former Graate School of central bank) [1]. In July 2016, together with the Internet Finance Laboratory of Wukou College of Finance and sina science and technology, huobi.com released the 2014-2016 global bitcoin Development Research Report [2]. In the same month, the fire coin blockchain research center and the Mechanical Instry Press published the book "blockchain: defining the new pattern of Finance and economy in the future" [3]<
Proct Introction
flash player: a short-term trading tool tailored for traders. It provides 250 real-time transaction records per second for 20 outlets, 0-delay flash trading, supports split screen display of trading window and quotation window, and allows users to analyze quotation chart
hotcoin app: an app with comprehensive functions in bitcoin instry. A bitcoin trading app providing registration, recharge, trading, cash withdrawal and information integration services. This app has a price reminder function<
organizational structure
Li Lin
founder and chairman
Mr. Li Lin is the founder and chairman of fire coin and the promoter of global digital currency trading. Since the establishment of fire coin, he led the team to develop fire coin into a leading digital currency trading platform in the world. By the end of 2016, the accumulated trading volume was RMB 200 billion. Before the founding of fire coin, Mr. Li Lin worked in Oracle Asia Research Center and served as a R & D Engineer; In 2009, we founded the social proct Youyi based on MSN; In 2010, the second largest independent group buying search company in China was founded. Mr. Li Lin led the team to break the instry records repeatedly, and has rich experience in Internet Finance entrepreneurship and team management<
Du Jun, co-founder and director
Mr. Du Jun is the co-founder and director of fire coin, and a world-famous digital asset investment and manager. Prior to the establishment of fire coin, Mr. Du Jun worked in Kangsheng chuangxiang, a well-known community software company, and successively served as marketing director, operation director and proct manager; After Tencent acquired Kangsheng chuangxiang, it became its core proct Discuz! Proct leader, lead Discuz! Proct design of X series and Application Center. Mr. Du Jun has outstanding performance in marketing, operation, creativity and other fields.