Today, another bad news spread. The Beijing Local Financial Supervision and Administration Bureau, the People's Bank of China Business Management, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory Bureau jointly issued a statement: Be vigilant against "virtual currency" exchange activities .

Prior to this, various places have already conducted interviews with exchanges, project parties, mines, etc. to crack down on scam projects. These bad news do not seem to be reflected in the Bitcoin market. This time, Beijing has spoken.

On December 18, Shenzhen collectively interviewed 8 blockchain companies. As of today, their status is as follows:

Compared with Shenzhen's gentle interviews, Beijing is straightforward, arresting people, issuing notices, and severely cracking down.

In fact, there is no need to panic. They are cracking down on illegal projects. It is not illegal to hold Bitcoin and trade freely. What we need to be vigilant is not to be cheated by scammers.

What you should worry about is those liars. Beijing has spoken, but you still don’t listen? Just wait to be cleaned up.

When it comes to scammer projects, I have to talk about the PTFX that crashed not long ago. In fact, I have heard of this plate a long time ago, but I have never dared to play it.

On the evening of December 19, all members' data were cleared. The real running has already started as early as September, various excuses appeared, no cash withdrawal was allowed, members waited hard for more than three months, and what they waited for was that the data was cleared.

Here's a member story.

Boss Wang started his business as a foreign trade business. There are N sets of houses. The protagonist of the story is not Boss Wang, but Boss Wang’s own brother—Brother Wang.

Brother Wang came into contact with the PTFX pyramid scheme at the beginning of the year, and stopped doing business. Instead, he brought more than 100 relatives and friends in his hometown to "make a fortune" together, with a monthly profit of at least more than 100,000.

Brother Wang even made up his mind that after earning money with more than 100 downlines, he would apply for a local charity organization and use the money he earned to do charity, earning both fame and fortune.

Boss Wang was very anxious, and repeatedly advised Brother Wang to go ashore in time, and retreated quickly before the plate collapsed. If the plate really collapses, Boss Wang is worried about Brother Wang going bankrupt and causing trouble, and secondly, he is worried that more than 100 offline people will cause trouble. They are originally a network of acquaintances.

What Boss Wang did in the end was to persuade Brother Wang not to bring his parents to play. As a result, Brother Wang unilaterally declared to cut off the blood relationship.

Brother Wang’s academic qualifications are not high, but he has the ability to develop more than 100 downlines, which proves that he is very provocative and capable of management, but he can’t listen to Boss Wang’s advice. Dismissed: You are stupid for reading!

The plate eventually collapsed due to force majeure, and Brother Wang cried all day long, scolding himself for being inhuman. Boss Wang has put down his foreign trade business and returned to his hometown to clean up the mess. While comforting Brother Wang, he comforted more than 100 offline workers. As for how to compensate, Boss Wang is not sure.

I can only express my sympathy for Brother Wang's experience, and the money beyond my knowledge is ultimately not my own.

Why do the pyramid schemes and fund scams that have not changed for a hundred years still harvest wave after wave of people? People who often read our articles already have the answer in their hearts.

In the past few decades, many people made money too easily. They thought they made it by their own ability, but in fact, it was just the times that coerced them and made them rich, rather than they discovered an opportunity.

After such path dependence occurs, they will be convinced of the "next opportunity" they see, and they will devote themselves to it. In the end, they will not understand the situation. Laughing butt, really sad.

Their correct approach is to make themselves worthy of these wealth through learning, or to cultivate excellent next generation, and hand over the wealth to them to guard.

Lighthouse Community—Jiangge

Lighthouse Community—Jiangge

BTC

Last night, the main force of Bitcoin chose to pull the market in the early morning as expected, but the price did not stabilize, but returned to yesterday's range, so after the current price, it is still possible to buy low, just pay attention to the previous low position . Don't chase after 7250, because in this way, the probability of suddenly dropping the pin will increase.

ETH

The trend of Ethereum last night was stronger than that of Bitcoin. This is still a low point last night. You can buy low around this point, and there is no need to chase high. Try not to chase higher than 126.5.

BCH

Bitcoin cash is relatively strong, and the short-term within the day is around the 187 line. The empty order should be considered at least above 194.

LTC

The trend of Latiao will continue to fluctuate in the short-term within the day. The bottom 39.7 can be used in the short-term, but don’t chase after the top 41.

EOS

The diving high of the grapefruit trend has risen with time. For short-term orders here, short orders must be made around yesterday's high point. As for long orders, you can choose to roll at the 2.5 line.

XRP

The currency Ripple went well last night. Here it is emphasized again that if Ripple attacks the top again in the future, the subsequent fall may end when it falls from the high point that has been said.

Bitcoin price at time of writing: $7201