Why did Ethereum exchange for UN coins

1. In May 2017, investors and onlookers saw bitcoin worth more than $2300. This number marks the highest price of bitcoin in its entire career. Due to the success of bitcoin in the past few years, many investors are attracted by it and other cryptocurrencies
however, bitcoin is not the only cryptocurrency with rising value. The value of another cryptocurrency called Ethereum has been increasing since January 2017. From $8.24 to $203. Up 2367%
investors are worried that in the past few years, cryptocurrencies have gained the favor of many investors who are looking for other investment methods than traditional ones. Although most investors still invest their money in traditional financial markets, such as the stock market and foreign exchange market, many of these investors have begun to worry about the economic climate of the world economy
recent events have made us aware of the instability of traditional financial markets such as the stock market and foreign exchange market. Many investors have been looking for other ways to invest their money
with the creation and popularization of cryptocurrency and its rapidly rising value, many investors, especially those from Asia, have joined the trend of bitcoin and cryptocurrency
advantages of Ethereum
although many people are more familiar with it, Ethereum has also gained a fair share of the market with its own value. However, there are key differences between the blockchains used by Ethereum and bitcoin
the difference between the two systems is that Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
although many people may think that Ethereum may be inferior to bitcoin because its value is lower than bitcoin, this is a good thing for investors who are looking for investment channels other than bitcoin. A lower price may attract more investors because it has more room for growth. The only drawback is that Ethereum is not as established as bitcoin. In view of this, bitcoin is more secure than Ethereum<
not as volatile as before
since bitcoin was founded in 2009, cryptocurrencies have made great achievements, and they have continued to grow. In fact, the value of legal cryptocurrency has risen a lot since then
although cryptocurrencies have performed very well this year, analysts expect that when the economic situation is good, investors will leave cryptocurrencies and return to traditional investment media. When this happens, the volatility of cryptocurrency will decrease because of the decrease of demand
of course, we will still see the growth of cryptocurrency in the next few years, which will help the instry remain strong. When that happens, it's a good idea for investors to hold cryptocurrencies for future growth.

2.

The monetary gold and silver Bureau of the people's Bank of China issued the "risk warning on issuing or promoting digital currency in the name of the people's Bank of China". In the risk warning, the central bank stressed: our 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 stressed 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

if you are interested in more anti fraud information, you can pay attention to my "Laohan anti pyramid scheme", which will continue to update the inside routines and reveal the secrets of pyramid scheme. I hope you can be more vigilant and stay away from the pyramid scheme

3.

First of all, we need to understand what is MLM:

MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers

However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your money

then judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join

extended materials:

Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable

from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country

after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious

resources : Ethernet money network

4. At 5 o'clock this morning, when we were still sleeping, bitcoin rose sharply to US $5300, accompanied by the rapid rise of the leading currencies. After the rapid rise, bitcoin fell sharply. When it fell to US $4700, it quickly returned to US $4900-5000 and stabilized, then the leading currencies also followed bitcoin.

5. Whether a currency is counterfeit depends on whether it meets the basic characteristics of blockchain. Blockchain is divided into public chain and private chain. The public chain is a block chain based on the principle of decentralized open consensus, which has two characteristics: 1. Decentralized, single point can not be controlled; 2; 2. Open, all people or institutions can participate in any part of the blockchain ecology; Private chain or alliance chain is a local decentralized and non open block chain based on internal or self trust. It has two characteristics: 1. Local decentralization. For example, several banks run one node and have equal computing power; 2. In closed operation, only officially designated participants can participate in the core work of blockchain operation, and even block queries are limited or not open to the outside world at all; Ethereum started as a community project and is still on the road of decentralization. However, Ethereum chooses to become more and more decentralized and public chain like bitcoin. At present, Qube is the largest trading platform of Ethereum in China, followed by oke, and the trading volume of bitmex abroad is not small. Its recognition is second only to BTC.

6. Ethereum fog, or ETF for short, is a branch chain of Ethereum, which is designed to solve the problem of distributed storage and distributed computing power that Ethereum lacks. In the later stage, it will switch to the hybrid mining of pow + POS. The original coin is ETF

after Ethereum bifurcates into etheric fog, the two will exist and develop together< br />

7. Now digital currency is a zero sum game, you put money in, I put money in, I take out more, you take out less, then I make money, earn your money, so simple.

8. Bitpie.com wallet has a direct batch transfer tool, which is very convenient.

9. China's bitcoin chbtc trading platform can buy BTS, and their families can also buy bitcoin, lightcoin, Ethereum Eth and etc.