Who will buy digital currency if I sell it
We need to call the police. This belongs to currency fraud. We can't blindly trust the virtual investment platform that can easily earn a lot of money. Fraud gangs often use "small investment, big income" as t to let investors taste the sweetness first and then increase investment, so as to achieve the purpose of fraud
at present, the so-called "digital currency" in the market is not legal digital currency. The so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. It is necessary for the general public to raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged
extended information:
five ways to distinguish whether digital currency is MLM currency. virtual currency does not rely on specific monetary institutions to issue, it is based on a specific algorithm, generated through a large number of calculations, is a decentralized way of issuing. 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 formed spontaneously in the market. After the scale is formed, the third party graally establishes an exchange to complete the transaction. The MLM currency is issued by an institution and traded on its own platform
3. The virtual currency itself is an open source program, maintained in the 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
Whether the source code link is given. The 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. What MLM currency focuses on is the transaction process of recharge purchase, not to mention its operation mechanism, and even the website does not have the link address of the source code5. Whether the official website starts with HTTPS. In general, the addresses of the official website and trading website of decentralized digital currency begin with HTTPS. The purpose of this kind of website is to protect users' data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS
It is illegal to buy and sell digital currency in China
according to the announcement on preventing the financing risk of token issuance jointly issued by the central bank and other seven ministries and commissions, the announcement points out that any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell tokens or "virtual currency" as the central counterparties, It is not allowed to provide pricing, information intermediary and other services for token or "virtual currency"
the announcement points out that token issuance financing refers to the so-called "virtual currency" raised from investors through illegal sale and circulation of tokens. In essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token tickets, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities
extended information:
the central bank said that the so-called "digital currency" in the market is not legal digital currency:
the central bank's monetary Bureau issued a "risk warning on issuing or promoting digital currency in the name of the people's Bank of China" on its official website, saying that recently, indivial enterprises falsely use the name of the central bank, The relevant digital procts are labeled as "authorized issuance by the people's Bank of China", or the central bank's digital currency promotion team is falsely claimed, in an attempt to deceive the public and take the opportunity to make huge profits
the central bank said that the central bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency. The central bank also suggested that the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud
in fact, virtual currencies such as bitcoin and lightcoin are representatives of the so-called digital currency. The central bank said in 2016 that it was studying China's legal digital currency. Yao Qian, director of the digital currency Research Institute of the people's Bank of China, previously told the media that the prototype scheme for the central bank to issue legal digital currency has completed two rounds of revision, and is expected to be tested in relatively closed application scenarios such as the bill market in the future, but there is no clear timetable for its launch
new coins or Shanzhai coins are now issued in a variety of ways, but most of them are pit coins. One of the characteristics of coins is that at the beginning, they are often sent in large quantities or issued at a low price. When the exchange is ready to start trading, the total amount of money held by the general developers and the big dealers is already very high, and there are still a lot of large investors, As a novice, I can only judge that it's a small retail investor. At this time, if you buy leeks to be cut, the rise of the currency seems to be very good, but it's actually deceptive, because the big investors are in it, the circulation is very small, as long as the amount of capital is small, it can rise very well. However, in fact, the external order is far less than the internal order, As long as there is internal delivery, you don't need a large quantity to get the price down. If you buy small retail investors, you will die. If you catch up blindly, there will be no turning over time
in fact, there are not many opportunities to make money, and the risk is huge
so what to do? It's actually very simple, that is, don't buy, just roll money. Now there are a lot of free money issuers. If you are free, roll money. If you are lucky, sell money when it goes up on the stock exchange, and the money will come in vain
so you want to ask? What if no one buys free money? If no one buys it, it's not worth money, it can't go up, and it can't be sold? In fact, as long as the Shanzhai coin can be listed on the stock exchange, there will be more or less, or at least some increase, because it's very simple. If the coin has a market, the market maker will have to raise the price to attract buyers, the outer market will have to buy, and the inner market will go away. The inner market has a large quantity, and it's not clean. Then it will be forced to rise for a period of time. You don't have to worry about this, You see, it's almost as good as a discount
but the principle of making money is that you should never chase up the price. You should not buy but sell. You must have a good mentality. If you can earn tens of thousands of yuan from a counterfeit variety, you should work hard at ordinary times. Making money from money in your spare time is to supplement your family, because the level of players is getting higher and higher. It will be more and more difficult to make profit from money, and you can't do serious work.
legal representative: Liu Yiling
time of establishment: September 1, 2014
registered capital: RMB 80000
Instrial and commercial registration number: 500107004320957
enterprise type: limited liability company
address: no.99-80, Kuangji village, Jiulongpo District, Chongqing