Virtual currency HKC

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. You are talking about the digital currency of the central bank. It is still RMB, but there is no entity
there is no release at present, just internal testing
even after the issue, there is no saying of buying, because the essence is cash.

3.

Digital money (electronic money or electronic currency) is a kind of money in digital form (different from paper money and coins)

it shows properties similar to physical currency, but it can allow real-time transaction and borderless ownership transfer. Examples include virtual currency, cryptocurrency and currency issued by central bank and recorded in computer database (including digital base currency)

like traditional currencies, these currencies may be used to purchase physical goods and services, but they may also be restricted in some communities, such as online games

digital currency is the currency balance that is electronically recorded on stored value cards or other devices. Another form of electronic currency is network currency, which allows value transfer on computer network, especially on the Internet. E-money is also a creditor's right to other financial institutions such as private banks or bank deposits

digital money can be centralized, that is, it has a central point to control the money supply, or it can be decentralized, that is, the control power can have different sources

4. Where are the five or three exchanges? They are just deceiving themselves

BTCC is OK. People who don't have a bit of bitcoin history can't find its spray point. It's not too bad of all the rotten peaches; As for Huabi, the title of "cancer" in the instry is not in vain. However, the sharp rise and fall of bitcoin in China are all caused by Huabi. The best example is the sudden drop of Leyte coin from more than 100 yuan to 1 yuan in early 2014. This wave of harvest by Huabi is really awesome; As for okcoin, the whole company, from Xu Mingxing to its employees, is a liar. From 2013 to now, countless scandals have been proved. As for the forgery of transaction volume, false Reserve Certificate, internal employee transactions, and forged contracts, you can see Zhao CHANGPENG and Xu Mingxing's press conference. Save money to okcoin? How dare you

in addition, btctrade, chbtc, Yunbi, btc100, bter, btc38 and so on, basically have nothing to say. They have done the bad things that the first three exchanges have done, and they have done the bad things that the first three exchanges have not done. In the future, we can only fool novices who don't understand bitcoin

now that we have said so much, let's talk about some foreign ones. Let's not talk about the US dollar. Anyway, the landlord can't use it. We only talk about the ones that support RMB trading:

the earliest offline Trading platform of local bitcoin. The advantage is that you don't need to risk the funds being used by the platform, that is, you can buy and sell, and bitcoin can arrive quickly; The disadvantage is that the price is increased by 2-10% on the basis of the general market price, and the arrival of RMB is slow
lakebtc service center is located in a global exchange in Shanghai. At first, all transactions were charged. Later, we saw that domestic exchanges are free, so RMB transactions are free. The advantage is that there are almost no scandals. It's a rare platform for quiet trading in the circle. The disadvantage is that the Chinese language used to come and go, which didn't exist in the beginning, then existed, and now disappeared
anx, a global exchange headquartered in Hong Kong, supports many currencies. However, from global BTC to mycoin and hkcex, it may be because there are too many fraud companies in Hong Kong. There are few discussions about anx not only in China but also abroad. Perhaps anx itself feels that it has been lukewarm in the bitcoin circle, and it seems to be developing to other types of transactions recently.

5. BP neural network has the ability of arbitrary complex pattern classification and excellent multi-dimensional function mapping, which solves the exclusive or (XOR) and some other problems that can not be solved by simple perceptron. In structure, BP network has input layer, hidden layer and output layer; In essence, BP algorithm takes the square of network error as the objective function, and uses the gradient descent method to calculate the minimum value of the objective function.

6. Where are the five or three exchanges? They are just deceiving themselves. BTCC is OK. People who don't have a bit of bitcoin history can't find its spray point. It's one of all the rotten peaches that is not too bad; As for Huabi, the title of "cancer" in the instry is not in vain. However, the sharp rise and fall of bitcoin in China are all caused by Huabi. The best example is the sudden drop of Leyte coin from more than 100 yuan to 1 yuan in early 2014. This wave of harvest by Huabi is really awesome; As for okcoin, the whole company, from Xu Mingxing to its employees, is a liar. From 2013 to now, countless scandals have been proved. As for the forgery of transaction volume, false Reserve Certificate, internal employee transactions, and forged contracts, you can see Zhao CHANGPENG and Xu Mingxing's press conference. Save money to okcoin? How dare you! In addition, btctrade, chbtc, Yunbi, btc100, bter, btc38 and so on, basically have nothing to say. They have done the bad things that the first three exchanges have done, and they have done the bad things that the first three exchanges have not done. In the future, we can only fool novices who don't understand bitcoin. Now that we have said so much, let's talk about some foreign ones. Let's not talk about US dollars. Anyway, the landlord can't use them. We only talk about the ones that support RMB trading: the earliest offline trading platform of local bitcoin has the advantage that you don't need to risk the misappropriation of funds by the platform, that is, you can buy and sell them, and bitcoin can get to the account quickly; The disadvantage is that the price is increased by 2-10% on the basis of the general market price, and the arrival of RMB is slow. Lakebtc service center is located in a global exchange in Shanghai. At first, all transactions were charged. Later, we saw that domestic exchanges are free, so RMB transactions are free. The advantage is that there are almost no scandals. It's a rare platform for quiet trading in the circle. The disadvantage is that the Chinese language used to come and go, which didn't exist in the beginning, then existed, and now disappeared. Anx, a global exchange headquartered in Hong Kong, supports many currencies. However, from global BTC to mycoin and hkcex, it may be because there are too many fraud companies in Hong Kong. There are few discussions about anx not only at home but also abroad. Perhaps anx itself feels that it has been lukewarm in the bitcoin circle, and it seems to be developing to other types of transactions recently.

7. It doesn't work all day, you say, you don't have enough electricity

8. HKC should be HKD, with the mark of HK $
the ratio of foreign exchange to RMB is calculated according to the real-time foreign exchange rate issued by the State Administration of foreign exchange. According to the different transaction forms, the foreign exchange price can be divided into the middle price, the buying price of cash, the buying price of cash and the selling price
according to the exchange rate data updated at 11:00:01 on January 20, 2016, the middle rate of HK $100 (HKD) to RMB (RMB) is 84.16, the buying rate of spot exchange is 83.99, the buying rate of cash is 83.40 and the selling rate is 84.33. Usually, the foreign exchange transaction price is calculated according to the middle price
therefore, according to the median price of 84.16 of the Hong Kong dollar exchange rate data updated by the State Administration of foreign exchange at 11:00:01 on January 20, 2016, 688 Hong Kong dollars is equivalent to 579.02 yuan.