Do you still need to buy computing power on the digital currency

2.

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

3. China's three major exchanges or five major exchanges
the three major exchanges refer to bitcoin China, OK and fire currency
the five major exchanges are: bitcoin China, OK, fire coin, China bitcoin and bitcoin trading network
other digital currency exchanges include biter, jucoin, Fuyuan, etc.

4. The digital currency is not formal, so it is recommended to enter the market cautiously.

5. If you can go to these companies, it means that the currency is OK. If you go to more exchanges, the trading volume will increase, and you will have more ways to buy and sell. The trading volume of digital currency is very important, and the currency without trading volume is absolutely worthless
but it's a bear market at present. If you don't have a strong bid up method in the near future, you can follow the big market for several days at most, and it's not much better. If you have the original currency that you can get for nothing or it's very cheap, you can play with it, even if you want more money
generally, it's easy to sell when it's listed. Sell slowly and eat the money from the dealer. You can also wait a little to see the market. If you feel that it's OK, leave a little quantity. If you feel that it's not OK, clear the goods.

6. It depends on which platform you want to go to. There are different ways to go without a platform. I know that z and B can submit applications directly on the web page

7. At present, it seems that we can directly exchange the money into RMB, and then withdraw the money. You can also directly put forward the currency to see which foreign platforms support transactions.

8. It depends on what kind of exchange it is. There is no problem with the big ones, such as the coin net in the fire coin net. It is suggested to be careful with some small platforms. If satisfied, please accept