Convenor of bitcoin China

1.

bitcoin was born in 2009, and it has entered China since it appeared

extended information:

bitcoin:

bitcoin can be used to cash and can be converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

generation principle:

starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique. In the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

source: bitcoin

2. The development history of bitcoin in China is as follows:
trading platform launched on June 9, 2011
price of bitcoin in China reached 150 yuan on June 9, 2011
registered users exceeded 8000 on May 27, 2012
trading volume on May 9, 2012 exceeded 2000
trading volume on May 27, 2012 ranked second in the world
trading volume on May 29, 2012 ranked eighth in the world
double authentication function launched on August 28, 2012
February 2013 -The price of 15 bitcoin in China returned to 100 yuan
on April 10, 2013, the trading volume reached 28600 yuan
on April 10, 2013, the price of bitcoin in China reached 1944 yuan
on April 21, 2013, the United One Foundation launched a donation of bitcoin and donated 15 bitcoin to one foundation, For Sichuan disaster relief
launch mobile phone verification function on May 15, 2013
launch recharge free service charge on July 1, 2013
launch TenPay online banking automatic recharge online on September 3, 2013
implement transaction free service charge on September 24, 2013
transaction volume exceeded 50000 on October 22, 2013
bitcoin China price reached 1300 yuan on October 22, 2013
launch market price list function on October 28, 2013
CCTV on October 30, 2013 The price of bitcoin in China reached 2630 yuan on November 9, 2013, according to the report of Taiwan's two sets of "global financial link"
PayPal, the world's largest online payment platform, announced that it will cooperate with three bitcoin payment service providers to test bitcoin payment, but the payment service is only limited to virtual proct transactions, and users can only use bitcoin to buy e-books, electronic music, electronic games, electronic music, electronic games, etc And mobile phone ringtones
bitcoin is a new type of virtual currency, which is generated by a large number of calculations based on special algorithms. According to rigorous calculations, the stock of bitcoin is limited, with a total of 21 million, no more or less. After being created, bitcoin has rapidly become a "fixed asset" pursued by Internet speculators
in February 2014, mtgox, the world's largest trading platform, went bankrupt, casting a shadow on the whole bitcoin instry. Since the middle of 2014, the price of bitcoin has been in a downward trend for a long time
on August 12, 2015, the price of a bitcoin was only close to 1700 RMB
on the afternoon of February 8, 017, the inspection team of the business management department of the people's Bank of China interviewed the main principals of nine bitcoin trading platforms in Beijing, including "China bitcoin", "bitcoin trading network", "bitcoin", "yuncoin", "Yuanbao", "btc100", "jucoin", "coin shell" and "dahonghuo", which are engaged in bitcoin trading, Report the current problems of bitcoin trading platform, prompt the possible legal risk, policy risk and technical risk of the trading platform, understand the operation of the nine trading platforms, and put forward clear requirements: it is not allowed to engage in financial business such as financing currency, participate in money laundering activities, and violate the relevant national anti money laundering and anti money laundering regulations Foreign exchange management, payment and settlement and other financial laws and regulations shall not violate the state tax and instrial and commercial advertising management laws and regulations. If any bitcoin trading platform is found to have violated the above requirements and the circumstances are serious, the inspection team will request the relevant departments to shut down and ban it according to law

References: http://money.163.com/15/0926/09/B4E9TIAH00253B0H.html
http://www.ke.com/wiki/%E6%AF%94%E7%89%B9%E5%B8%81%E4%B8%AD%E5%9B%BD

3. Bitcoin has been approved by the international station, but China has no official approval for virtual bitcoin, and does not deny the existence of certain risks.

4. Since September 16, 2015, bitcoin China officially announced that it would be renamed BTCC. In the eyes of the public, bitcoin China is equivalent to BTCC. BTCC has always been regarded as the abbreviation of btcchina. Translated into Chinese, it is bitcoin China. The reason why BTCC is named is that bitcoin China wants to implement its globalization strategy after it has developed to a certain stage, So a foreign name is more helpful for BTCC to go abroad. Li Qiyuan, co-founder of BTCC, introced another English meaning of BTCC at that time: blockchain technologies & cryptocurrencies, which means blockchain technology and cryptocurrency in Chinese
bitcoin China's actions in the past six months have been very frequent, first clarifying that it has nothing to do with BTCC, then the acquisition of Founder Yang Linke, and then the investment in ZG exchange. It's really a happy life, causing one agitation after another. However, although bitcoin China is still called bitcoin China, it's not bitcoin China before

as the first most influential exchange in China at that time, I believe that no one in the circle did not know the name of bitcoin China. According to the public information, bitcoin China is an early digital asset trading platform in China, operated by Shanghai satuxi Network Co., Ltd. and established in Shanghai in June 2011, The trading platform was closed on September 30, 2017. It is no exaggeration to say that bitcoin China was in its prime, and the exchanges of fire coin, okex and coin an were still in their infancy. Why are the exchanges of fire coin and OK still in their infancy, while bitcoin China exchange disappeared? The main reason is that bitcoin China is the only exchange among several exchanges that has issued icocoin, and the ICO issue is a heavy blow to the 94 incident. The so-called "shooting out the head bird", bitcoin China exchange has to choose to close down. It is worth mentioning that the founder of icocoin is Yang Linke. It's really a failure!

5. The best way for novices to buy other currencies is to buy them on a large platform. The larger the platform, the higher the security. There is enough money for construction, and it's not bad for retail investors. Okex is the largest trading platform in China. It can be used safely when it arrives in seconds. Are you satisfied with my answer? Please accept if you are satisfied

6. In fact, Mahua currency already exists, that is, Q currency, which is equivalent to RMB. It's strange that there are so many people who spend real money to buy these virtual currencies. It doesn't work at all in reality, and there is no virtual currency that can give you real material. Therefore, this is a huge profit. What's more ridiculous is that there is no government department to restrict these, Or collect taxes! How ridiculous!

8. Some practitioners of the Internet in China first learned from foreign countries and started to play by themselves. Then they slowly led the people around them. Finally, through media reports, bitcoin's boom became known to all, attracting more investors and speculators

9. Bitcoin has not been recognized for the time being. It belongs to the grey zone. There is no formal trading platform in China, so there is a risk.