ETHEREUM: this cryptocurrency came into existence in the year 2015. It was introduced to the world by Smart Contracts and Distributed Application and is a decentralized software platform. The software is run with the platform-specific token, which is known as the “ether”. This “ether” is similar to a vehicle that is required for moving around the Ethereum Platform. The current value of one ETH to the almighty US Dollar is 174.28 USD. Back in 2014, Etheruem launched a pre-sale for ether, which received an overwhelming response. Ethereum has been classified into Ethereum (ETH) and Ethereum Classic (ETC). being one of the most popular and trending cryptocurrencies, Ethereum has a whole other value to its name.
Limiting the number of frontline distributors causes a couple of important changes. First, there is less emphasis on recruiting a large number of people. Rather, you recruit a certain number and then focus your efforts on helping your downline sponsor more distributors. The matrix comp plan encourages more teamwork than a unilevel comp plan. The narrower and deeper the matrix is, the more this effect is felt. For example, a 3 x 10 matrix puts more emphasis on teamwork than a 6 x 6 matrix does.
Forced Matrix Plan start with Feeder Matrix. All the new member who join the system they will be placed under feeder matrix. Every Member have to complete there feeder matrix stage to go to the next stage. Once a member complete the feeder matrix he will go to next stage. Called Stage 1, Afte completing Stage 1 Member go to the Next stage, and process follow according to the compensation plan
Our world is trending towards a Matrix-like state, and blockchains are acting as a lubricant fuel down an admittedly slippery slope. The internet of things, RFID tags, robotics, augmented reality gaming, and increasingly smooth integration into smart-phone applications will increase our collective reliance on blockchain technology as a backbone storage layer for the internet. Advancement here is accelerating, as projects such as Ethereum, TheDAO, Hyperledger, Ripple, Steemit, and Synereo all demonstrate the growing set of offerings in the blockchain buffet.
Bitcoin has fallen sharply through the December 2019 lows in a trend sequence (wave C) that should be proportional to the first leg down (wave A). This gives an equality target of 3064 which is just below the major low of 2018. We can see the wave C is already mature and should have one last leg down. However, any new low would invalidate our view of a trend higher from the 2018 low and while we could see a large bounce from 3064 it will not go to new highs and will have longer term implications. We will deal w8th these if and when a new low is made.
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