Bitshares - State of the Network - 5th September 2017

4년 전

Welcome to the 51st Bitshares State of the Network (BSotN) report. A weekly report focusing on the changes in the ecosystem and track longer term changes in a effort to identify emerging trends and changes in the Bitshares platform.

Bitshares - State of the Network - 5th September 2017

The Bitshares State of the Network Reports seeks to combine raw data from a wide range of metrics and combine them into meaningful information to identify emerging trends and changes in the Bitshares network.

Observation from this week

This section will highlight any observations made while analysing the data.

  • Have YOU claimed your FREE coins yet?, If not i highly recommend that you get signed up to the Billion Hero Campaign! These coins will be used in the Billion Hero Campaign and potentially be quite valuable in the future ('No such thing as free lunch' does not apply in crypto, fair and broad distribution is key). At the moment you can get notified on the project and claim your share of the free coins! CLICK HERE and selected 'Get Notified' to claim your free coins

  • Bitshares has been approved by the Token Exchange Self-Regulating Body (TXSRB) along side Bitcoin, Steem and others on the Clean Token List. You can get more information on the TXSRB HERE.

  • A new BHAP (Big Heroic Audacious Projects) has been proposed, Project 'Rebuild Houston' is proposed as one of the projects in the Billion Hero Campaign's and will focus on providing support to the city of Houston which has been devastated by Hurricane Harvey. You can find out more about the project HERE

  • Bitshares Developer Alfredo has released the first public version of the Bitshares Block Explorer this week! Check out to see his progress thus far. Alfredo has also mentioned that ongoing development is still in progress.

  • @roelandp has submitted a worker proposal for shareholder consideration. The Worker Proposal titled:'201709-steemfest' is for sponsorship of the Graphene based Hackathon to be conducted at the 2nd annual SteemFest event in Lisboa (first week of November). The worker proposal is attempting to raise $6666 USD which will be used for prize money as well as organisational costs. If successful Bitshares will have the opportunity to have an introductory talk at the start of the hackathon, a 20 minute session in the main event, being a Focus Chain sponsor on all printed matters and SteemFest related materials and the creativity of up to 60 developers who will create and demo projects at the SteemFest main event. You can see the full proposal HERE.

  • @michaelx in telegram has hinted at an upcoming sharedrop to Bitshares holders as early as mid September, more details will follow in the coming days as to the project being launched and the sharedrop. To be eligible for the sharedrop users will need to hold their BTS in one of the supported Bitshares wallets (BitsharesDEX, OpenLedger, RuDEX ect..). Funds stored on a centralized exchange will be excluded from the sharedrop (because in reality the exchange owns your Bitshares; you, their customer just owns a promissory note). Stay tuned to @stan and the Bitshares Twitter account for more information.

  • Beyond Bitcoin Bitshares Hangouts have changed days to Saturday at 1PM UTC more information HERE

  • The first Bitshare UI Sprint has been completed with a total of 9 developers closing 21 issues and being paid $150 per hour for their efforts. @billbutler has released an announcement outlining the new features included in the latest GUI version(2.0.170830). You can find more information about the sprint and the release of the new version HERE or download the latest version HERE

  • Stan Larimer, Dylan Howard and Michael Taggart have done an interview this week with Ernest Hancock from Freedom Phenoix accompanied by Davi Barker from Bitcoin not Bombs. The no nonsense uncut interview, has less fluff and more details than a typical interview. You can find the interview HERE

  • Ronny Boesing (CEO of OpenLedger) has announced the Buy back and burn operation for OBITS this week resulting in 303,000 bts being used to buy back and burn of 35,651 OBITS as well as 303,000 BTS in bitUSD being distributed to 1,909 OBITS holders. ICOO also did its distribution this week resulting in 7.02 BTC being distributed to 645 ICOO holders.

  • According to their previous commitments @blockchained announced the launch of their next gateway for a Graphene based blockchain this time it is for GOLOS and GBG. As with other gateways for Graphene based chains this one comes with 0% market fees. You can find more information in their announcement HERE

  • @stan Larimer has done an interview with Todd Horwitz from 'The Bubba Show' featured on the LibertyTalk FM network; The interview covers the complementary role of Bitcoin and BitShares in forming a new global financial system, honest money and a level playing field. You can listen to the podcast HERE

  • OCASH has been mentioned in a nasdaq article titled 'Cryptocurrency Debit Cards Bridging The Virtual And Real World'. OCASH crypto card will allow token holders to use Stablecoins (SmartCoins), including bitUSD, bitEUR, bitGBP, Rubles and other OpenLedger tokens such as OBITS to purchase items anywhere. You can read the full article HERE

  • @michaelx has published an article titled 'Smart Investment for the Middle Class: BitShares' on huffington post which expands on the future potential of Bitshares as an investment opportunity. You can read the full article HERE

  • The team from YOYOW have announced that the YOYOW tokens have been listed on the Binance Exchange and they have launched a international YOYOW Wechat group. Find out more HERE

  • John Gotts of and Michael Taggart of Bitshares have done and interview with Richard Jacobs from Future Tech Podcast discussing the coming SEC crackdown and the creation of the self-regulating body, called (Token Exchange Self Regulating Body) that hopes to ‘fix’ broken or non compliant blockchain asset companies that may be headed for legal trouble. You can listen to the podcast HERE

  • Bitshares witness 'verbaltech2' has published his monthly witness report. you can view the update HERE

  • This week has seen a new witness fly up the ranks into active service; 'crazybit' (owner of has recieved a large amount of shareholder votes this week and has been elected as witnesses for the chain. It also looks like this account has been used for referral testing recently suggesting that this account may have an announcement in the future relating to a new service or business based on the Bitshares network.

  • @virtualgrowth is doing a weekly market update and token give away; Check out his post and vote on your favorite asset HERE, if you leave you Bitshares username in the comment you may even be one of the lucky recipients of the token giveaway.

  • This weeks Bitshares hangout recording has been published and is available HERE

  • Current registered wallets/accounts within the Bitshares network is 397667; an increase of 3513 wallets/accounts since last week

  • The last asset registered this week is asset #1650 and it is named 'CCCATCOIN' registered by 'tiramisutimmy891301' with the description 'cccatcoin will be used to show the flow in cccat'

Smartcoin issuance chart showing weekly change since the start of 2017

@fav has shared the August Statistics from Reddit - Full post HERE

Token Exchange Self-Regulating Body - Clean Token List

Sneak-peak of the Exchange on a mobile device

Have you claimed your FREE Billion Hero Coins? -> Click HERE and get notified.

Bitshares Distribution

This sections seeks to analyse the current distribution of the network. We look at the current supply, top 100 hodlers, Orders on the Bitshares Decentralized Exchange (DEX), Reserve pool balance and Income growth.

DistributionBalanceChange W/WChange W/W %
BTS Supply2,598,881,654 343,381.000.01%
BTS Stealth269,289-0.00%
BTS in Open Orders (DEX - T250)4266934.83 964,972.0029.22%
Reserve Pool1,001,690,989 -343,382.00-0.03%
RP Accumulated fees59,922 -1,087.00-1.78%
Collateral (top 250) backing Smartcoins429646867 6,420,574.001.52%
Top 100 Total1,506,184,464 -13,647,754.00-0.90%
Top 100 - minus Exchanges412,666,355 10,262,058.002.55%
Exchanges1,093,518,109 -23,909,812.00-2.14%
Non Exchanges1,505,363,545 24,253,193.001.64%

Profit/Expenses from the Bitshares Reserve Pool

The chart below show historic profit/expense from the Bitshares Reserve Pool where a positive number represents a W/W profit and a negative number means a W/W expense; Bitshares expenses include witness and worker pay and income includes network fees.

BTS Trading

Looking at the most active trading pairs for Bitshares (BTS). Data displayed is a 24 hour snapshot as taken on the date of this report and not a reflection on the week as a whole.

MarketLast PricePrice USD24hr Vol BTS24hr Vol USDVol %Vol % Change W/W

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

Proposed Worker

DEX: Most Active Markets

This section will show the BTS markets within the DEX and seek to highlight the most active markets.

The most active base pair is BTS and the top 3 pairs are CNY, USD and Open.BTC


This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins.

AssetSupplyPriceMarket Cap BTSMarket Cap USDSupply Change W/W
BTS2,598,881,6540.103453732,598,881,654$268,864,000.93 0.013%
BTS Stealth269,2890.10345373269,289$27,858.950.000%
Reserve Pool1,001,690,9890.103453731,001,690,989$103,628,669.12 -0.034%
Accumulated fees59,9220.1034537359,922$6,199.15 -1.782%
BitUSD4,133,4599.438,854,515$4,133,459.00 9.837%
BitCNY75,974,6631.547117,532,804$12,159,206.94 -16.376%
BitEUR102,46611.21,147,619$118,725.49 0.469%
BitBTC5638,2472,145,657$221,976.19 -2.265%
BitSilver9,0311681,517,208$156,960.83 1.108%
Ruble2,369,7020.1646390,053$40,352.43 -7.413%
HERO1,7441,4822,584,608$267,387.34 -3.433%

Referral Stats

This section will track user referrals, to gauge active refers overtime. The chart below shows in blue the total number of referred users and in orange the new referrals for this week.

AccountReferralsChange W/W

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
bitcrab6441242.2 7.9
xeroc35191217.2 -0.5
laomao35490.1 -26
baozi296259.5 0.2
fav219440.3 3.5
abit4244812.3 0.2
dahu2438.8 0.1
hellobts30198.3 0.3
yao33367.8 0.2

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
bitcrab766.9 -24.9
abit743.6 -22.1
bhuz715.1 -28.3
clayop638.8 -28.5
xeroc635.7 7.5
bunkerchainlabs-com597.7 5.2
witness.still590.8 2.4
openledgerdc431.3 7.3
chris4210393.1 13.8
ebit386.2 0.5
harvey-xts374.3 -28.7

Active Witnesses

This section will track top 25 active witnesses and the changes in support

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 803.7703
2fox 1.6.16 787.233481
3bhuz 1.6.17 784.61563
4verbaltech2 1.6.34 782.416701
5wackou 1.6.18 774.31795
6witness.yao 1.6.71 730.13540
7rnglab 1.6.45 724.41826
8xman 1.6.64 723.7162415
9delegate.baozi 1.6.37 718.114501
10elmato 1.6.20 713.14171
11witness.still 1.6.69 706.589325
12xn-delegate 1.6.59 680.227601
13roelandp 1.6.74 673.614
14 openledger-dc 1.6.76 663.85091
15 blckchnd 1.6.75 657.76045
16 xeldal 1.6.22 633.91875
17sahkan-bitshares 1.6.73 593.47971
18delegate-1.lafona 1.6.28 576.715691
19abc123 1.6.65 516.31265
20 delegate.btsnow 1.6.40 496.34056
21 crazybit 1.6.84 481.888
22 harvey-xts 1.6.23 480.75809
23 delegate.freedom 1.6.63 47648572
24 mr.agsexplorer 1.6.24 466.257161
25 spartako 1.6.15 423.9213716

Top 100 Distribution including Exchanges

This section looks at the top 100 rich list and compares account balances, this section will seek to identify changes in ownership which may lead to interesting investigations and early warning signs of upcoming projects

RankAccountBalance(inc orders)OrdersChange W/WChange W/W %
2chbts152,734,6040-24,418,261.00 -13.78%
3bittrex-deposit147,513,921029,249,067.00 24.73%
4bitcc-bts-cold117,192,9310-7,000,001.00 -5.64%
6yunbi-cold-wallet90,000,0000-20,000,000.00 -18.18%
7poloniexwallet85,724,690027,121,736.00 46.28%
8jubi-bts75,224,9570-14,540,683.00 -16.20%
10bterdeposit28,381,3940-6,381,027.00 -18.36%
12stan14,993,6430-300,003.00 -1.96%
13trans.bot14,912,9426299410,798,609.00 262.46%
19cass9,416,418038,075.00 0.41%
30alexna646,021,7450-3,319,778.00 -35.54%
37abit5,241,61107,999.00 0.15%
44blocktrades4,359,5446674741,283.00 20.49%
48bitcoinindonesia4,144,5490-48,019.00 -1.15%
51bts-scotter3,946,9951123,685,058.00 1406.85%
53chsend3,694,3060-1,824,366.00 -33.06%
64enki2,900,98120091,619,670.00 126.41%
65wzm12,885,16601,885,166.00 188.52%
66cryptonomex2,819,7460-350,001.00 -11.04%
67serg2,789,717079,370.00 2.93%
68wys2,767,9620-78,834.00 -2.77%
70bts-198002,576,5500267,459.00 11.58%
80bitcc-bts2,381,89201,381,892.00 138.19%
81freedom352,321,693073,915.00 3.29%
83jackkang2,259,996099,991.00 4.63%
85bts-morning2,217,3320-1,185,506.00 -34.84%
89mostar2,177,4660-20,023.00 -0.91%
91jonnybitcoin2,153,062153062-45,116.00 -2.05%
93wackou2,117,3330-50.00 0.00%
96agorise2,054,025075,486.00 3.82%
100vortac2bts2,002,7510114,703.00 6.08%

Thanks for viewing :)

I value your feedback.
Is there something more you would like me to track in these reports? or do you have some information for the next BSoTN report? please let me know in the comments, on, in the 'BitsharesDEX' Telegram group or every Friday in the the BeyondBitcoin Hangouts.

I hope you enjoyed this report! :)

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Sort Order:  trending

Me too, I look forward to these posts and can't wait to read. The Bitshares community is amazing!


Cheers mate, hodl on!


Are you aussie @steempower


bloody oath ;) so is Tony although he doesn't live in AU anymore


Are we late to join? What is the best way for us minnow to catch up?

Follow me @Yehey
Thank you


oke oke


Oh Ron lol


Yeah this is amazing!


yup mine favourite too.


you are right this article is so amazing i never read this type of information before


I'm Agree. But aku belum sampai ke sana

Shared on Twitter for you and tagged the BTS acct there also.




These reports are so comprehensive every time I see them.

There is the odd spelling mistake I notice, if you would like me to proof them before they go up --- I can maybe help with that once a week if if helps.

Have a good week!


BarryDutton Barry Dutton tweeted @ 06 Sep 2017 - 16:46 UTC

Latest #BitShares Network Report. #CryptoCurrency #Decentralize #Exchange #Community $BTS #Blockchain @bitshares…

Disclaimer: I am just a bot trying to be helpful.

Your a champion Barry, Thank you :)


I muddle along. I am very thankful for the support on my posts here and there too.

I do not have enough BTS myself but I noticed early on when I got here how involved and consistent so many of the community and their resources are, and I have ALWAYS really appreciated that.

Have a good day and LMK if you need anything. I am a good proof reader and that is about all I can do to help you guys --- you are light years ahead of me in every other category LOL


Im holding but im losing at the same time :(

i actually dont know anything about bitshares and crypto's ,i have heard a lot of times in steemit but never understood. i went through the post,it was like watching inception movie.I understood something and missed alot, though i applied for billion hero campaign.Thanks a lot for the post :)


Similar thoughts but glad someone took time out to explain things. Will spend sometime and see if I can make best from the shared information.


Thank you for your comment; glad you found my post :)

Chronos Crypto did a great set of short videos that your might find interesting.


Amazing Crypto

Is there something more you would like me to track in these reports?

Uh no? Just keep it coming the way you have it. Very impressive. This is like a weekly prospectus on Bitshares - extremely detailed information, all current.

Excellent job. You're a tough act to follow. No one would / should even try.

Thanks again, I learn something each time you post these.


lol, Not sure i could fit any more data collection into my time frame this week! so much news and i am 100% certain there is heaps that i didn't find as well!

Appreciate the comment and the kind words! Cheers man :)


@steempower thankx for your information.


I actually felt so strongly about the work you do... today in my post I featured your Bitshares Report (by linking to it) and explained it and why I like it so much. Please check it out.


You replaced me with the entire information base of the Internet! You do a lot of work. I was interested in information about free coins. I know where to apply now. Updating the bitshares-explorer is also very important to me. Thank you so much for the work!


Thank you for the comment glad you found some useful information. also thanks the information about joint inflammation and tips for better eating :)


Where to apply free coins?

I hope in the near future I can understand the blockchains!


Everyone here was or are in your shoes at some point, you will look back on this moment in the future and be glad that you got here before the masses work out what we are building.


Yeah I'm glad I am here, way more learning to be learned :) thanks!

In recent debacle, I bought 700 BTS and up 40%. I am proud holder of BTS and member of BTS community. I love the amount of innovations and activities, speechless. Thanks.


Welcome aboard, great to hear your positive comments!

These posts are useful thanks for providing them.

@steempower - Excellent work Sir. BTS little drop by PBOC news, but I'll HODL for long term objectives. Love your work Sir. Therefore, I wish to ReSteem your post.

+W+ [UpVoted & ReSteemed]


Appreciated. Thank you

The best time of the week :D Awaited to read your report since last update! Lots of news and PBOC helped me to buy more BitShares :D

Thank you very much for sharing this great summary report with us!



Great positive effect from the news out of China!


Yeah they made my day :D I was looking for that kind of news lol :D


Thanks @steempower for sharing updates of an amazing decentralize exchange platform and i am very glad to see the market-cap of bitshares in a neck to neck horse race with Steem's marketcap.


i seen Bitshares, Steem and EOS in that horse race a few days ago, Graphene brothers all grouped together

Thanks so much for your hard work.
We really apreciate it.


Thank you for taking the time to read it @takeru255!

Big Topic! Thanks for telling us! Great research. Thanks a lot :)


Thank you

Thank you @steempower for the updates. Always appreciated.


Thank you for the kind words @road2wisdom

  ·  4년 전

how much do you guys invest?

I'm buying Bts and Strat

Nice! Thank you!

Thanks for sharing this awesome information.

Really good post and info. Thanks.


Thanks ,good information.


I'm withdraw my bts from bitrex to bitshares DEX. I notice transactions is faster. From steemit to bitshares DEX. In a glimps!!!


wow ,, nice post ,,
your post is very helpful to us who are still new in running this account ,,
hopefully our future can be successful like you ,, success always @steempower

  ·  4년 전

very nice, my favourite coin :)

I also dont know anything about it...

Amazing articel about Bitshares thank you and go ahead !
Best regards :)

Wow.. This is simply magic. As a BTS investor/believer all this information comes in soooooo handy! i love it. you saved me so much time and trouble for giving me the chance to read this. Thank you and thanks to the BTS team. For always being there and giving its followers the best most quality content out there. Im simply thankful.

UpVoted and Resteemed. Follow @SydesJokes

I didn't know anything about all these but thanks to you i got to know many things from your post.thankyou so much.
i really appreciate your hardwork @steempower

Just getting into bitshares (got the wallet last week) so this is a goldmine!

Здорова люди русские есть подписуйтесь

A handsome post dear, really knowledgeable . . . . .

um, that is a mind blowing amount of info! i did start a bitshares account this week though, so i'll consider myself almost cool

Thank you so much for this in depth and valuable information. I need to update some information and, of course, look forward to the free coins.



Excelentes noticias para la comunidad de criptodivisas.

Just upvoted! Cool Post. Thanks

Nice! Can't wait for the next week again! :)
Please follow me if you can ;)

Amazing, This is good news. but I I have yet to get there


6soon you will

This is good news :)


Very useful but too bad I don't get it :)


Kindly re read it.
I think its understanding. And very clear.

Thanks to you have showed about coins.

Great article ...still feel like I need to re read it ;)
Btw I'm so close to 200...!!! -@splendorhub

I still dont really know what to think about bitshares. I mean, its a nice concept and all but it seems that not as many people as i thought appreciate that thing. I mean... i dont even know somebody who uses bitshares.

Amazing this is top article i ever read in steemit it help alot in bitcoin knowledge specially thanks to this article writter and i appreciate this writter

Please vote my post

i want to learn more about blockchain

hi, follow me, please

I use Bitshares
Great analyse and information
thanks a lot
Upvoted :)

I love your post ,I look forward to read more about Bitshares community


How to improve

amigo #resteemia at your service

the favorite day & the most favorite post is here. impressive work & hold BTS @steempower

'UpVote ReSteem Comment'

WoW!! A lot of material here to absorb! Thanks for posting!
I am hoping for another market drop like a few months ago. I wish I had invested more during the down market. Do you think it will happen again?

That was thorough.

@steempower Thanks for this amazing post.
Excellent job. Keep posting like this.

  ·  4년 전

Nice post..

Nice thank you !

Thanks for the information... Must have dedicated time and hard work for this.

this is amazing thank you for the constant update , i left steemit a few months ago and it feels good to be back !

Great infographics! Keep the good content coming!

hopefully the event will be held smoothly

best post

Very good post @steempower You are next in your post @ayunda.

Very good post me @steempower You are next in your post @ayunda

Quite incisive article.
Great job....
Thank you for this information.....

i don't recommend holding bts

This is very comprehensive and informative. Thanks for the info. I will share my free coins right away.

thank for share

Thanks for keeping us updated with your weekly news,very useful,thanks for sharing.

Congratulations @steempower!
Your post was mentioned in the hit parade in the following categories:

  • Upvotes - Ranked 7 with 617 upvotes
  • Pending payout - Ranked 4 with $ 386,83

It's time to invest! :D

verry good

how are you

Thanks for this content !!

upvoted and followed you, please do the same

A very understanding article thanks!!

Get 0.00001000 CLAMS every minute, Is this for real? oh, and 0.00010000 every hour. Have claimed so many coins and still counting...

It's time to invest! :D

So much information, Check out my blog for similar price analysis!

I really like your post please post daily

Best part is at anytime in the future If you decide to buy an LTM (Lifetime membership - which gives you an 80% reduction in fees and other premium features) i will rebate 10% of your membership costs in BTS.

Good post...
I like post, bicause very usefull

Thank you @steempower, for the great post!

Thank for sharing ,, thank you very much

Nice post @steempower thank you very much for sharing

The excessive post providing the complete statistics

Together we Grow


The weekly network news is the best way to get updated. Thanks for great work.

Great defention of bitshares ! very happy:)

The internal exchange between the entire virtual currency and RMBs in Bitcoin, the Ethernet area as the representative of the whole term is closed, but not to regulate the virtual currency itself, there is no prohibition of virtual currency one OTC.

The regulators decided to close the exchange of virtual currency in China, which includes the exchange between all "OKcoin", "Fire currency net" and "Bitcoin China" and another virtual currency with legal tender presented. Figure / Vision China
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[Financial New Network] (reporter Peng Kin Kin-Uu Yujian) regulators decided to close in the Chinese virtual currency exchange, which includes among all the "OKcoin", "Foreign exchange currency" and "Bitcoin China" and other virtual currencies with a legitimate payment By means of the stock exchange, new financial reporters are approaching the Internet of financial rectification risks, the work of the group's leading office (hereinafter referred to as the lead group), which confirmed this news, and learned that the permit is currently deployed to the field.
September 8, the third party trading platform, the network of cross-country issued a statement in accordance with the spirit and requirements of September 8 in Beijing financial conference work on September 5, from the day 17.30 to suspend trading in all currencies.
This is still a regulatory action after the People's Bank and the other seven ministries, together after September 4, jointly notice (further notice). The above statement by ICO (initial coin placement, initial public sale of coins) as an "illegal financial activity" and ordering since the announcement, ICO ban on new projects, projects to limit the stock of repayment. All ICO tokens trading platform must clean the deal.
The purpose of the regulation is not limited to now more than 60 ICO tokens trading platform, we will not participate in a number of trading platform home ICO virtual currencies are included in the purification volume critical to the completion time.
"In other words, the future can not have a so-called trading platform between virtual currency and legal tender in China." The closer to the leading group said: "Thus, there are no so-called markers, virtual currency, and there may be twenty or two problems between the PQM can not be sold. "
Regulatory research of virtual currencies of trading platforms did not suddenly strike, but at the beginning of the research was at the beginning of the year. Currently, the management team has made this decision and careful measures.
The central seven ministries in the announcement jointly issued on September 4, the signal was issued for this: The third announcement "Strengthening Financial Trading Manager token trading platform," noted that since the notification, any so-called financial transaction markers platform should not engage in legal tender and lexemes, in the "virtual currency" traffic exchange among themselves, can not be sold or used as a central counterparty of trade tokens or "virtual currency" should not provide For information about the prices of intermediaries as a token or a "virtual currency" and other services.
It should be noted that this decision to close the trading platform between the virtual currency with legal tender, which only prohibits the floor to trade virtual currency in China, and does not prohibit all virtual currencies with legal tender in the territory of China's trade. "In order to close the exchange Bitcoin no. For Bitcoin »the leading group that stressed the previous closure, suppression and Bitcoin-related activities related does not affect the development of the block chain technology.
In accordance with the position close to the leading group of sources, in terms of risk prevention, so that virtual currency and legal tender from the sex trade activities from China, the main market risks, financial risks and social risks at three levels.
The distorting effect of the secondary market
Since 2013, regulators have felt a great risk for the distorting effects of the secondary virtual currency market. At that time, Bitcoin volume transactions in China, and more than ninety percent of world trade volume, and Bitcoin pushed a record high of 8,000 yuan. PLAY INDIVIDUAL

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There is so much happening and we're all just waiting for the long anticipated moon shot!

Thanks so much for all the hard work you do to compile these in-depth articles. I must admit I don't understand all of it, but then again this is the way we all learn and grow together. Much appreciated!

Tried to skim. Maybe I will read it later.

Thanks for the informative post @steempower !

Thanks for your kind information . . . Waiting for your next post @steempower

Guys, please check following post it's about the binance scam and the refund plan for those affected coins ->