Virtual currency trading platform suddenly closed
Following bitcoin China's announcement of closing down, recently, trading platforms such as hotcoin.com also announced that they would stop trading in RMB at the end of the month. So far, the three major domestic virtual currency trading platforms have been suspended
investors should adhere to rational investment, not blindly follow the trend, nor take chances. There are risks in investment, especially in the face of a new model, we should be more cautious in investment, so as not to become the target of wealth plunder by criminals
I have encountered the same situation. How do you deal with it? Or shall we call the police together?
I will. If the digital trading exchange suddenly closes, then all the currencies inside will be gone
digital currency will appreciate with the increase of the number 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. However, when they enter 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
extended data:
distinguish whether digital currency is MLM currency:
issuing method
virtual currency does not rely on specific monetary institutions. It is proced according to specific algorithms and through a large number of calculations. It is a decentralized issuing method. 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
although virtual currency trading is closed in China, the trading platform itself and virtual currency are not prohibited; Similarly, the blockchain technology itself has research value.
to purchase virtual currency, it is recommended to purchase it from mainstream platforms, such as five bitcoin trading platforms, Xigu digital asset trading platform, Qianjin card trading platform, bitage trading platform, etc.
Ponzi scheme is a term for investment fraud in the financial field. It is the ancestor of pyramid scheme, and many illegal pyramid schemes use it to collect money. This kind of fraud was "invented" by a speculator named Charles Ponzi. Ponzi's scam is also known in China as "robbing the east to pay the west" and "empty handed White Wolf". In short, it is to use the money of new investors to pay interest and short-term return to old investors, so as to create the illusion of making money and then cheat more investment.