Five element currency and virtual currency

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>

extended information:

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.

Yes, yunzun coin has been confirmed as MLM. Yunzun coin and Wuxing coin belong to the virtual currency of yunzun group

Relevant reports:

in 2013, an organization called "Cloud Data Trade" was designated as one of the top ten pyramid schemes by the State Administration for Instry and Commerce and the Ministry of public security, and its leader Zhang Jian fled to Southeast Asia

I thought that this MLM organization would be wiped out, but what I didn't expect was that the reporter of jinyang.com recently received a report from the masses, and "Cloud Data Trade" not only didn't disappear, but made a big comeback with a new "vest"

according to the police's notice, since 2012, the suspect Song Ming autumn (Zhang Jian is the pseudonym of song) relies on the cloud number trade alliance website, with high rebate as t, requires participants to pay different amounts of fees, become indivial certified merchants, enterprise certification merchants and alliance certification merchants, and then pay dividends and bonus according to the participants' offline development. Participants in accordance with the time to join and the amount of investment to form a certain level

by the end of the case, more than 190000 members from 28 provinces had been developed, involving 160 million yuan

this case was also listed as one of the top ten MLM cases in that year

After that, Zhang Jian fled to Southeast Asia and other countries. First, he came to Malaysia to continue to carry out pyramid selling and develop 80000 people. Then, he came to Thailand to set up a company named Cloud Data Trade under a false identity and continue to engage in pyramid selling activities in Thailand

at the end of October 2014, Zhang Jian was arrested by Thai police

according to people familiar with the matter, Zhang Jian was released from prison in Thailand on November 25, 2016, and then began to make a comeback of "five element coin"

at this time, Zhang Jian, packaged by his friends, became "the richest man in the world" and shouldered a "major mission"

the reporter saw all kinds of astonishing boasting on some publicity materials of Cloud Data Trade: "three secret weapons have been arranged, that is, three people have been trained to revitalize China. One of them is Zhang Jian, who is responsible for establishing a local Internet with 100% equity in China, The purpose is to make common people become shareholders, create rich income and create a large number of middle class... "

people of cloud data trade even tampered with the CCTV news broadcast, making people mistakenly think that the news broadcast is promoting cloud data trade

the comeback of cloud data trade is not low-key

recently, Su Shi, the female host of Sichuan TV station, apologized on her micro blog, saying that she did not distinguish and mistakenly thought that she was hosting a charity party, but did not think that it was actually an activity organized by a pyramid marketing organization

CCTV host Zhang Luxin also apologized

and the two so-called charity parties held in Cheng and Beijing are just hosted by "Beijing Digital Trade film", the transformation of cloud digital trade

Su Shi, who didn't know about it, also said in his hosting speech: "under the wise leadership of general manager Zhang Jian, we are marching towards one honor after another with firm and steady steps...

and the reason why cloud data trade wants to make great efforts is precisely to promote its so-called" five element currency "project

in the publicity of cloud data trade, this is the digital currency in the research and development of the central bank. Cloud Data Trade launched a special "five element coin" disk, which is known as the global limited issue of 500 million pieces

"boss (referring to Zhang Jian) went through the customs... He personally launched the five element coin. Following the five element system, all virtual currencies will belong to the five element coin. Ten thousand yuan will be unified, and the world will be unified with the five element coin..." according to the investment plan of the five element coin obtained by the reporter, its form is nothing more than a variety of toutoujiao es: according to the amount of investment, Participants can get different levels and different amounts of five line coins, and then get the corresponding level recommendation bonus through the registration point of recommended friends

in the interview, the reporter found that most of the people who participated in the "five element coin" were middle-aged and old people, and many people were "obsessed" with it, so they could not extricate themselves

correspondingly, their children are particularly sober, knowing that cloud data trade is a pyramid selling organization, but it is difficult to make their parents go back

a woman told the Yangcheng Evening News that her mother, Ms. Xu, has also joined the "Cloud Data Trade" and become a member. Now she is a group leader. Ms. Xu becomes a "shareholder" through a recommender. If the other party takes out 7700 yuan, Ms. Xu can get 1000 five lines of currency, and the exchange ratio between e-currency and cash is 1:1.65

"all dividends are paid in electronic currency. It's equivalent to getting real gold and silver, and only getting a virtual number on an unrecognized system. "

for her mother, the daughter can do nothing. The reporter opened Ms. Xu's circle of friends and found that all the contents shared were related to the "five element coin" project. However, the logic of the content was very poor and it was not convincing. People with poor image and low-quality video would not believe it

extended materials:

related reports:

Zhang Jian is no stranger. He founded cloud data trade, gathered a large number of believers around the world, and finally became a street mouse. Even after he was arrested and put into prison, Zhang Jian's capital market is still running smoothly, and various other capital markets have evolved, such as cloud data trade, five element coin, cloud smart, Jianye coin, and yunzun coin, which have direct or indirect relations with Zhang Jian, forming a huge capital market group

yunzun coin is said to be a blockchain proct, but the real way to play is not mining proction, but hierarchical purchase by pulling down the line

the pyramid selling nature of the five element coin has been exposed by focus interview, and Zhang Jian has also been arrested by the Public Security Bureau

the procts of yunzun group are not worth investing, and the risk is very high, so illegal fund-raising is no doubt

1. The official websites and websites are all in foreign countries. China has not found the corresponding filing proceres, but the funds and operations are all in China. Once they run away, they can not catch "criminals"

2 and Yun Zun are all registered in the name of indivials. They dare not register in the name of the company. There are no domestic entities at all. They are all offline in China

3. There is only one email, company address, telephone and other information in the official website. The IP address in the United States is pyramid selling under the guise of digital currency

3.

The 60 kinds of illegal virtual currencies are as follows (ranking in no particular order):

1 ~ 10: MBI, m3, Diablo, Asian currency, star currency, Jinyuan shopping alliance e-currency, Changjiang international virtual currency, five element currency, micro media e-currency, bonus point currency

11 ~ 20: virtual gold coin, HGC, central coin, LFG, Sri, huiai coin, nautical coin, CPF, Yifen, K coin

21 ~ 30: R coin, Baichuan coin, kbao, Zhongfu Tongbao, Hongtong coin, Raines electronic currency, global BlackRock No.1 financial currency, Glasberg, BCI, m coin

31 ~ 40: Wing coin, ev coin, performance coin, FIS, u coin, ES, zangbao net performance coin, huiai e-coin, Jianye disk e-coin and subsidy coin

41 ~ 50: hftag, Kaixin compound currency, kuailine virtual currency, Shihua currency, ente currency, CPM, carat currency, supreme currency, Wuhua union virtual currency, Meisheng E

51 ~ 60: Chinese currency, Mimi virtual currency, FIS, world Yunlian cloud currency, Liwu currency, Vicat currency, mark currency, kindness currency, Wuji currency, ATC

extended materials:

well known virtual currencies, such as network currency of network company, Q currency of Tencent company, Q point and voucher of Shanda company, micro currency launched by Sina (used for micro game, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), and Wenyin (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency

At present, there are more than 100 kinds of digital currency in the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market circulation, and citizens' investment and transaction of virtual currency are not protected by law

4. What is MLM? MLM coin is a virtual currency used in MLM activities. Like other MLM activities, it usually encourages members to earn returns by pulling people to buy MLM coins under the slogan of "get rich quickly". Of course, the final result is that many investors have been cheated out of their assets and lost their money. Here, many investors want to ask

what is MLM coin? MLM coin is a virtual currency used in MLM activities. Like other MLM activities, it usually encourages members to earn returns by pulling people to buy MLM coins under the slogan of "get rich quickly". Of course, the final result is that many investors have been cheated out of their money. Speaking of this, many investors want to ask, what are the MLM coins in the market? Only by knowing which are MLM coins can we avoid stepping on thunder again. Next, we will summarize the list of MLM coins in 2020<

list of pyramid selling currencies in 2020
the 60 virtual currency pyramid selling lists released by CCTV include: MBI, m3, dark black currency, Asian currency, star currency, Jinyuan shopping alliance e-currency, Changjiang international virtual currency, Qile bar, micro TV media e-currency, fenhongdian currency, virtual gold coin, HGC, COA, LFG, Sri, bismall, ahkcap, CPF, Yifen, K currency, R currency Baichuan coin, k-treasure, Zhongfu Tongbao, Hongtong coin and Raines electronic currency<

Global BlackRock No.1, Glasberg, BCI, m, wing, EV, performance, FIS, u, ES, zangbao performance, huiai e-money, jianyipan e-money, subsidy, hftag, Kaixin compound interest, kuailinian virtual money, Shihua, ente, CPM, Kela and Zhizun

there are at least 65 kinds of "virtual currency" with the names of Wuhua union virtual currency, Meisheng e, Zhonghua currency, Mimi virtual currency, FIS, world Yunlian cloud currency, Liwu currency, Vicat currency, mark currency, Shanxin currency, Wuji currency, ATC, IPC, Central currency, Wuxing currency, huiai currency, navigation currency, etc

how to distinguish MLM currency
1

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

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

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

the general decentralized digital currency will give the link of the source code in the prominent position of the official website, so as to show the operation mechanism of the 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 code

5. 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

what is MLM? Through the above introction, I believe you already know something about MLM coin. The editor of currency circle reminds investors that if someone tells you by phone or flyer that there is a virtual currency with stable profit and no loss, or that the interest is high and the principal is guaranteed, you must be careful. According to the identification method provided in this paper, you should not easily believe it. You can go to the regular and reliable exchanges to see if there is also a change in currency, Don't trust a small exchange at will, because such an exchange may be a liar. In a word, investment is risky and investment should be cautious. If you want to know more about related issues, you can pay attention to the follow-up reports of the coin circle

what is Shanzhai coin? What is Shanzhai coin? What is Shanzhai coin? At present, there are numerous virtual currencies on the market. Among them, some are short-lived, some are popular and sought after. In fact, in addition to the well-known bitcoin, there are many virtual currencies, of which at least 11 are called Shanzhai currency. Of course, what is Shanzhai currency? At present, there are numerous virtual currencies on the market. Among them, some are short-lived, some are popular and sought after. In fact, in addition to the well-known bitcoin, there are many virtual currencies, of which at least 11 are called Shanzhai currency. Of course, Shanzhai currency does not mean counterfeit currency or pirated currency, The Shanzhai coin mentioned in this paper is a new virtual currency proced by many innovations e to the deficiency of pointer bitcoin. Next, the coin circle editor will explain in detail what Shanzhai coin is? Hope that through this article, investors can understand what is Shanzhai currency

what is Shanzhai coin
Shanzhai coin is a kind of blockchain asset that uses bitcoin code as a template to modify its underlying technology blockchain, among which technical innovation or improvement is also called competitive currency. Because of the open source of bitcoin code, the cost of bitcoin plagiarism is very low. Even if you just the bitcoin code and modify some parameters, you can generate a new blockchain. At present, there are many counterfeit coins. Most Shanzhai coins are not recognized by the market e to the weak technical strength of the founders, lack of technical maintenance, lack of market promotion and other reasons. Only a few teams with strong technical strength and innovation ability can develop excellent competitive currency which is recognized by the market and has investment value. We are familiar with the competitive currency such as Leyte currency

how to choose Shanzhai coin< Market value is the best screening machine

reference market value is the most stupid method, which has great limitations and is a compromise. Bitcoin can be held without a brain, but the water of Shanzhai coin is very deep, and it takes a lot of brain energy to screen. For those who know little about blockchain, they have no ability to screen out potential small currencies. Some people have summarized that the top 10 currencies change their posts in turn every year, except bitcoin, which is rubbish. In fact, compared with the top 50 currencies over the years, you will find that many of them are relatively stable. Projects with strong communities and supportive scenarios are hard to disappear

therefore, for ordinary investors, the market value is a very good reference index, because the capital market votes with its feet, and there must be a reason for the high market value. Those old coins that can survive are stable at the top 50. They have more or less capital to support, so they can choose Shanzhai coins with large market value or leaders in different fields

2. To confirm whether the Shanzhai coin can survive the bull market

first of all, we should realize that not all the coins can survive the bull market successfully. Before the Shanzhai coin bull market, bitcoin market will be completely suppressed, and if it falls sharply, many Shanzhai coins will be drained to death. For example, 17 year old Daniel, many coins will die before the bull market, For example, at present, many projects and exchanges are beginning to be unbearable. For investors, it's not easy to survive the bear market, and as a result, they hit a return to zero coin before the bull market. It's hopeless, so make sure that your coin can last to the bull market

many exchanges have taken off some counterfeit coins, and these coins have only been put on several exchanges, or even only one platform. Once they are taken off the shelves, they are basically sentenced to death. Therefore, we can refer to the fact that counterfeit coins have been put on several exchanges, some of which are head exchanges. Besides, look at whether their official website, official account, micro-blog, twitter, GitHub have updated projects, and if there are more than a few months of parking, they must stay away from the project.

in addition, it also depends on whether the project will progress and develop. You can check the roadmap on the official website to see whether the progress in reality has kept up with the expected goal of the roadmap, and whether there are any new plans in the next few years

3. New technology, new story

many bitcoin fans have missed eth perfectly. In their eyes, except bitcoin, everything else is shit. Maybe Ethereum will return to zero in the future, but they have missed a whole prosperous period of Ethereum. Ethereum has introced the smart contract, which brings more possibilities and new stories to the blockchain. Although Ethereum is a good tool for ic0 to make money, who wants to miss the wealth effect brought by its technological innovation

the explosive power brought by new technology is very strong. Ethereum is taking this opportunity to directly cut into the second place. At the same time, it also shows that the technology changes very fast. If there is no technical breakthrough in the current projects, they may be on the verge of death in a few years, because they need to leave room for new technology coins and new stories. EOS is just an evolutionary version of eth, which obviously cuts leeks in a bull market

of course, it's not easy to catch a fast car like eth or iota, and it's more gambling. It's like looking for a needle in a haystack to catch the next round of killer projects. Even if you catch it, it's hard to grasp it. If you think you've caught the killer projects in the next round of blockchain instry, look at Zhihu's reply of 11 year old clip, buy it, put it in your wallet, and then forget it

what is Shanzhai coin? Through the above introction, I believe you have some understanding of Shanzhai coin and how to choose Shanzhai coin. The coin circle editor should remind investors that when investing in counterfeit currencies, they should not invest all the funds. At the same time, they should also remember to stop losses or profits in time. The most important thing is that if they don't have too much energy, investors will return to mainstream currencies. Of course, no matter what currency they choose, the most important thing is the choice of the exchange. This can avoid the risk of the exchange running away.

5. Cloud number trade is a pyramid selling fraud organization. The upstairs person is a pyramid selling fraud. Don't be deceived by