Issue price of virtual currency EPC

1.

Strictly speaking, there is no issue price for bitcoin. In 2010, a programmer bought a pizza with 10000 bitcoins, the first bitcoin deal

bitcoin does not rely on a specific monetary institution. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

{rrrrrrr}

extended data

principle

starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique. In the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote

and the process of mining is to constantly seek the special solutions of the equations through huge amount of calculation. The equations are designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client

after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost

network bitcoin

2.

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

3. Hello,
I have encountered the same situation. How do you deal with it? Or shall we call the police together?

4. In general, you can calculate the forces by considering the effect of the forces in two mutually perpendicular directions
if the object moves to the right on the horizontal table, the vertical direction is the balance force (because there is no acceleration in the vertical direction). If the pulling force is horizontal, the object in the vertical direction is subjected to two forces: gravity g and table supporting force n. according to the balance condition,
N-G = 0
n = g
and the table supporting force n is related to the pressure n on the table; It is a pair of forces and reactions. According to Newton's third law, n & # 39; = N = g

if the tensile force is proportional to the horizontal direction θ Then the object is subjected to three forces in the vertical direction: G, N and FY, so there are
FY + N-G = 0
n = g-fy
n & # 39= N = g-fy

I wish you progress!

5. The frog's route is from the river to the pond. If they gather in a lot, the route should be blocked by a certain building. You can check the nearest pond, and then move the buildings on the route, so that the frog can continue to move forward until it reaches the pond.

6.

The general sentence for the crime of pyramid selling is fixed-term imprisonment of not more than five years or criminal detention and a fine; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined. According to the law,

Article 224-1 of the criminal law of the people's Republic of China requires the participants to obtain the qualification by paying fees or purchasing goods and services in the name of business activities such as selling goods and providing services, and to form a hierarchy according to a certain order

those who directly or indirectly use the number of development personnel as the basis for remuneration or rebate to ince or coerce participants to continue to develop pyramid selling activities that others participate in, defraud property, and disrupt economic and social order shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also be fined; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined

extended information:

Article 225 of the criminal law [crime of illegal business operation] "Reply of the Supreme People's Court on how to determine the nature of pyramid selling or disguised pyramid selling with serious circumstances" (adopted at the 1166th meeting of the judicial committee of the Supreme People's Court on March 29, 2001, and announced by the Supreme People's Court of the people's Republic of China on April 10, 2001)

effective from April 18, 2001) stipulates the provisions in the provisions on the prosecution standards for economic crime cases (GF [2001] No. 11 of the Supreme People's Procuratorate and the Ministry of public security on April 18, 2001), the reply of the Supreme People's Procuratorate on how to deal with pyramid selling or pyramid selling in disguised form before April 18, 1998 ([2003] No. 7 of the Supreme People's Procuratorate) and the regulations on the prohibition of pyramid selling

(adopted at the 101st executive meeting of the State Council on August 10, 2005, and implemented since November 1, 2005) on February 28, 2009, the criminal law amendment (VII) was passed, adding the crime of organizing and leading pyramid selling

crime of organizing and leading pyramid schemes - organizing and leading pyramid schemes, in the name of selling goods and providing services, requires the participants to pay fees or purchase goods and services to obtain the qualification, and forms a hierarchy according to a certain order, and directly or indirectly uses the number of development personnel as the basis of remuneration or rebate, to lure and encourage the participants to participate in pyramid schemes Coerce participants to continue to develop others to participate

Whoever swindles money or property and disturbs the economic and social order shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also be fined; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined

amendment (7) of the criminal law adds an article after article 224 of the criminal law as one of article 224: "in the name of business activities such as selling goods and providing services, organizations and leaders require participants to obtain the qualification to join by paying fees or purchasing goods and services, and form a hierarchy according to a certain order

those who directly or indirectly use the number of development personnel as the basis for remuneration or rebate to ince or coerce participants to continue to develop pyramid selling activities that others participate in, defraud property, and disrupt economic and social order shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also be fined; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined. "

"the reply of the Supreme People's Court on how to determine the nature of pyramid selling or disguised pyramid selling with serious circumstances" stipulates that after the "notice on prohibiting pyramid selling business activities" issued by the State Council on April 18, 1998, pyramid selling or disguised pyramid selling activities are still engaged in

Those who disturb the market order and the circumstances are serious shall be convicted and punished for the crime of illegal business operation in accordance with the provisions of Article 225 (4) of the criminal law. The reply made it clear that pyramid selling should be treated as the crime of illegal business operation

the provisions of the Supreme People's Procuratorate and the Ministry of public security on the prosecution standards for economic crimes (hereinafter referred to as the provisions) specifies the amount as the standard for the serious circumstances of the crime of illegal business operation, and the crime of pyramid selling illegal business operation is attributed to Article 5 of the provisions:

other illegal business activities, Suspected of one of the following circumstances:

(1) the amount of personal illegal business is more than 50000 yuan, or the amount of illegal income is more than 10000 yuan

(2) the amount of illegal business of a unit is more than 500000 yuan, or the amount of illegal income is more than 100000 yuan

7. Virtual currency may fall over the issue price, because virtual currency has no material basis, and its price rise and fall is completely determined by the game between buyers and sellers in the market. When diving heavily, it may be lower than the issue price.