Is it true that LTB software speculates in digital currency

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. At that time, I was also in the wechat group. Hongfeng and his group broadcast live every day to take you to speculate in stocks. They found a cheater to say that he was a big man and took you to digital currency. Fortunately, I saw the digital currency fraud before and didn't fall for it. But in the end, I lost more than 20000 when I bought stocks. I don't know if they were caught by the police. It's hateful. What's more hateful is that the scam they are searching for now is the advertisement pursued by the law firm, which is estimated to be another scam.

3. This any enters the indivial account all is the scam, suggested that you do not do so, stops promptly, if already remitted money, reports to the police promptly.

4. Don't believe any friends who are not real friends. Don't try it easily if you haven't fried money. There are too many fraud gangs and too many fraud trading platforms now. Take care.

5. Do you think digital currency is MLM? In fact, we need to make a concrete analysis of this issue. At present, China has not issued legal digital currency, let alone promotion team. The basic routine of this kind of MLM is that in order to attract investors' investment in the early stage, the money price will be very high, and then the money will be sold intensively, the price will drop sharply, and the investors will lose all their money. What's more, when the money is returned, the platform is closed directly and the organizers lose contact. Then they go to other places to pack new concepts and continue to cheat according to similar deception methods. Compared with other pyramid schemes, digital money pyramid schemes generally have the following characteristics: first, there are real procts - digital money, and they are highly packaged; The second is that participants can get a head pulling reward, and the prize is the digital currency itself; Third, the digital currency will appreciate with the increase of the number of participants in the scam, and the number of participants who can obtain digital currency will also increase, including the lowest level participants will also make profits, but once entering the depreciation period, the bottom level participants will lose all their money. In fact, digital currency and MLM are different concepts and cannot be equated. Whether digital currency is pyramid scheme depends on whether it meets the conditions. Strictly speaking, not all digital currencies are pyramid schemes. bitcoin, for example, is a digital currency, but not a pyramid scheme. Therefore, we must treat problems differently.

6. You said the code chain does not know that bitcoin is an electronic currency proced by open source P2P software. Digital currency is a kind of network virtual currency. Bitcoin is also paraphrased as "bitcoin.". Short for: BTC
bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency.

7. It is wrong to say that China's digital currency comes from the people, because it comes from the present. Science.

8. There must be risks, but as long as you are not greedy now, it's easy to make money. I use celletf more often.