China's virtual currency buying houses overseas

1.

There is no official recognition of any virtual currency in China. There is also no legal virtual currency

virtual currency is the proct of network, and the flow of digital information in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code

bitcoin and other so-called "virtual currencies" lack a clear value basis, the market is full of speculative atmosphere, the price fluctuates violently, and investors blindly follow suit, which is easy to cause capital losses. There is no legal basis for the establishment of various so-called "currency" trading platforms in China

the establishment of all kinds of bitcoin trading places has neither been approved nor supervised. To enlarge the scale of transactions, it is necessary to provide leveraged transactions such as financing and melting coins, which has aggravated the price shocks and bubbles. The public has participated in such transactions without any legal protection. p>

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virtual currency is not issued by the monetary authority, does not have monetary attributes such as compensatory and mandatory, does not have the same legal status as currency, and cannot be used as currency in the market. In essence, the issuance and financing of virtual currency is a kind of illegal public financing without approval. It is suspected of illegal sale of token tickets, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities. Investors should not be carried away by "high income"

There are many hidden risks in virtual currency, which seriously affect the financial order. Virtual money pyramid selling breaks through the limitation of traditional geographical space, and if there is a formal company facade as a cover, it can publicize the company on a large scale, and the propagation speed is amazing. If it can not be found and dealt with in time, it will cause great destructive power. In the future, the regulatory agencies can study and explore the relevant business models of virtual currency trading within the scope of controllable risk, improve the regulatory scheme, and promote the long-term regulatory mechanism

2.

In 2013, the people's Bank of China issued the notice on preventing bitcoin risks. Later, it was reported that the people's Bank of China had an interview with more than 10 third-party payment companies, explicitly requiring them not to provide payment and clearing services to bitcoin, lightcoin and other trading websites. The price of bitcoin in China has dropped all the way from about 7000 yuan to 3300 yuan. More analysis says that bitcoin will withdraw from China. Is that true

However, at present, the security risks of bitcoin have not been fully exposed

the overall risk increases

it must be admitted that the government's increased supervision leads to the further increase of the risk of bitcoin trading

moreover, the transaction threshold is obviously higher than before

In essence, as a means of investment, the risk of bitcoin is self-evident. If there is no final person to take over the offer, even if bitcoin is in short supply, it lacks real value and only has limited online use value. If you can't find the last recipient, bitcoin will probably disappear like a bubble. p>

3. It's unreliable. Virtual currency has no real value. It's not a real currency, and there is no credit endorsement for it. It's not like that RMB and US dollar all have credit endorsement from big country government. This kind of virtual currency is greatly affected by human manipulation, policy risks, and the government does not allow transactions

4.

There is no official recognition of any virtual currency in China

different from sovereign currency, the "credit" basis of "virtual currency" is mathematical algorithm, and its price depends on the reliability of the algorithm, market confidence and other factors. There are many defects and loopholes in technology, and its value foundation is very fragile

the China Internet Finance Association recently announced that bitcoin and other so-called "virtual currencies" lack a clear value basis, the market has a strong speculative atmosphere, the price fluctuates violently, and investors blindly follow suit, which is easy to cause capital losses. There is no legal basis for the establishment of various so-called "currency" trading platforms in China

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in recent years, the price of bitcoin has risen rapidly, attracting a large number of people to enter. A large number of "virtual currencies" followed suit. In 2017, the price of Leyte increased by 476%, the price of Ruibo increased by 54 times, and the price of ether increased by 13 times

Li Aijun, Dean of the Internet Finance and Law Research Institute of China University of political science and law, believes that virtual currency is the proct of networking, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code

Li Aijun, Dean of the Internet Finance and Law Research Institute of China University of political science and law, believes that virtual currency is the proct of networking, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code

Du Yan believes that the existence of bitcoin and exchanges and other instrial chains has constructed an illegal financial market for asset transfer and financing beyond legal tender, increased the difficulty of regulatory authorities in managing financial security and stability, and promoted regulatory arbitrage and financial crimes. The risks and social security risks it brings to the financial market are far higher than its innovative value

investors should stick 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

5. At present, bitcoin and other virtual currency transactions are prohibited in China; The original domestic virtual currency trading platform either stopped operation, or transferred to foreign markets

there are two types of virtual currency trading platforms for users to choose from:
first, the original well-known trading platforms in China, such as the global professional website of fire coin, okcoin international station and so on
for users, this type of trading platform is more familiar and has more choices
2. Overseas trading platforms, such as bitfinex, coinbase, etc; Users have relatively few choices. After all, they need to have a certain level of English
but generally speaking, there are some risks in virtual currency transaction, and users are advised to choose rationally and trade cautiously.

6. This is possible because virtual currency is indeed used for money laundering, drug abuse and other criminal activities. This is also a very important reason why countries around the world are cautious about virtual currency. However, the important reason why virtual currency can enter China smoothly and seize the Chinese market is that it caters to the needs of Chinese people and has its own unique application scenarios. Of course, virtual currency is more of a kind of speculation in China

at present, bitcoin, Leyte coin, doggy coin, Fuyuan coin and Ruibo coin are well-known virtual currencies in China

the ancestor and overlord of bitcoin cryptocurrency, so far no one can shake its overlord status; The ancestor of Leyte and Shanzhai is an unsuccessful test of bitcoin; Dog Coin caters to the needs of western small reward culture; Fuyuan coin jewelry instry commercial application points system, an application-oriented encryption digital currency; Ruibo coin is on the high road, and the founder has a large number of Ruibo coins.

7. Nowadays, the virtual currency on the Internet is more and more popular, but the most famous is Tencent's q-coin, but what can q-coin do
1. Number service
this is one of the favorite services for QQ players. QQ line number provides member level password protection, mobile phone password retrieval, mobile phone lock and other services. In addition, member number also provides a series of functions, such as member number, friend group upload / download, member confidant, member email, etc., which are deeply loved by users. In the number service page of Tencent website, you can apply for QQ line number and member number with QQ coin, and you can also renew these numbers
2. QQ show
you can buy all kinds of virtual goods for yourself or friends in the QQ Show Mall: clothes, scenes, make-up... You see, the charming, charming, charming and handsome images on QQ now are decorated in the QQ show mall. Moreover, you can go to QQ photo studio and take a group photo with netizens
3. QQ game
you should have noticed that in qq2003, there are already QQ game functions. Using q-coin can exchange game currency, you can also buy cheating props in the game< At present, QQ Dating Center is one of the most popular dating centers in China. Here, you can not only find the information of various netizens, but also find the other party's QQ number, and even give him / her virtual gifts. In addition, "dating function" allows you to more accurately find people you like! You can also apply to become a senior member of QQ Dating Center and renew it by using QQ coin
5. QQ greeting card
QQ greeting card is a service launched by Tencent not long ago. You can send e-cards to friends, not only to each other's mailbox, but also to each other's QQ. The monthly fee of QQ card is 5 yuan, you can apply and renew with QQ coin
these are the five uses of q-coin, and it's very easy to get q-coin. In the country's Lianbang software chain stores can buy QQ cards of different denominations. QQ cards with different denominations contain different amounts of Q coins. In addition, you can also apply for a q-coin with a face value of 1-10 yuan when you make a voice call< The conversion between RMB and RMB is as follows:
1.00 ￥ = 1.00q = 10000.00g
one RMB (￥) = one Tencent Q currency (q) = 10000 Tencent game currency (g)

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