Fox Ethereum scam

1.

Ethereum energy coin is not MLM

Ethereum is an open source public blockchain platform with smart contract function. Ethereum provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency Ethereum

in 2013, vitalik buterin, 19, first mentioned the idea of Ethereum in a book entitled "Ethereum white paper: next generation intelligent connection and decentralized application platform". Then, in 2014, the algorithm and protocol of Ethernet coin were officially implemented, and $150 million was raised. The system itself was finally completed on July 30, 2015

as the representative of blockchain 2.0, the mainstream currency Ethernet is regarded as the wind vane of crypto digital currency market. However, over the past week, the price of ether currency has continued to fall. On August 14, 2018, the ethereal currency plummeted by 20%, reaching a record low of $257 this year. Compared with this year's peak of $1295, the price of Ethernet currency has shrunk by more than 80%. Affected by this, on August 15, 2018, none of the top ten mainstream currencies in the digital money market was spared, falling across the board, with a number of single day declines exceeding 10%

extended data

Ethereum started planning almost in 2013, and started to implement the project in 2015. Before that, there were many digital currencies imitating bitcoin in the market, and they made various modifications on the basis of bitcoin code. In this way, it is very difficult to develop a new blockchain application, to re deploy a new chain, and then to develop an application on this chain. Using a consensus mechanism of pow alone is a huge maintenance workload. It's like developing an app on a mobile phone and developing the Android system together

after Ethereum comes out, it is equivalent to the underlying operating system of the blockchain. On Ethereum, it is very convenient to develop various dapps without considering the underlying development, and it can also share the computing power and storage of Ethereum. For programmers, the threshold of blockchain development is lowered instantly. The emergence of Ethereum has played a very important role in the development and popularization of blockchain applications. That's why Ethereum is called blockchain 2.0

2. Eth currency is a fraud. It is specially issued by swindlers to leeks who think they can make a lot of money by buying the digital currency issued by swindlers. Eth currency should be purchased in the exchange opened by swindlers!

3.

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

4. Like bitcoin, Ethernet currency not only circulates and trades all over the world, but also has different prices on various trading platforms
in this way, there is a price spread and arbitrage space!

5. Ethereum is not a scam, but there are countless scams designed by criminals around Ethereum. The best way to avoid Ethereum scams is not to trust the guaranteed return on investment and manage your own money bag. Choose a formal digital currency exchange to invest. At present, the mainstream digital currency transactions in the market are all coin security, fire coin network, bitnet, etc.

6. Pyramid selling refers to the illegal act of organizers' development personnel to obtain wealth by developing personnel or requiring the personnel to be developed to pay a certain fee 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
new type of MLM: no restrictions on personal freedom, no ID cards and mobile phones, no collective classes, but to use capital operation as a banner to pull people to cheat money, drive luxury cars, wear gold and silver, etc., attract your relatives and friends with money, and finally make you lose your money
you should be careful when paying dividends at all levels, 100% of them are
Q, someone has analyzed you.

7.

1、 Yintong, Southeast Development Zone, Changshu City, Suzhou city to Public Security Bureau Station:

bus line: Changshu 125, about 8.3km

1. Walk about 140m from laoyinpu (yintong) to Xiaokang Village Vegetable Farm Station

2. Take Changshu 125, pass 16 stops, and reach Xinyan Road Station of Dongming hospital

3. Walk about 380m to Public Security Bureau

2 Public Security Bureau to Shanghai Mercedes Benz cultural center

{rrrrrrr}

bus line: Changshu 202 road → Kunshan 121 road → Kunshan 104 road → Kunshan 155 road → Metro Line 11 → Metro Line 8, the whole journey is about 134.8km

< P > 1. Walk 540 meters from the public security bureau to the Public Security Bureau Station

2. Take Changshu 202 Road, pass 42 stops, and reach jiangxiangcun station

3 Take Kunshan No.121, pass 7 stops to Shibei Huayuan station

4, take Kunshan No.104, pass 18 stops to municipal government west station

5, take Kunshan No.155, pass 9 stops to rail transit Guangming Road Station

6, walk about 10 meters to Guangming Road Station

7, take Metro Line 11, pass 25 stops to Oriental Sports Center Station

8, take Metro Line 8, pass 4 stops, Arrive at the Chinese Art Palace Station

9, walk about 660 meters to Shanghai Mercedes Benz cultural center

8.

I believe there is a fraud in issuing digital currency, but there is a fraud in mining. Unless you buy a "nonexistent" mining machine or computing power, the probability of being cheated is almost zero. Next, let me talk about UTC's past and present lives

So, it's hard to say whether UTC is a fraud, but this model is indeed an innovation in the currency circle. After all, digital currency is getting more and more attention, and it may not become "currency", but it may become "alternative investment goods". Personally, I'm optimistic about this mining model

moreover, as far as I know, the team behind UTC, as well as the financial and technical support are quite reliable. If it is really a scam, the institutions that invest in UTC will not make such a big battle to cheat people