Again, it astounds me that news out of China is even news or moves the price of BTC at all. Anyone with half a brain knows BTC will is completely useless in China and its price is $0, I expect a full out onslaught of miners and the technology as a whole there.
That would be wonderful and exemplify the significance of the protocol as a whole, got those little China-men in their leadership positions shaking in their boots. If the people were just slightly empowered it'd be a civil war with a billion people - the current leaders would be quartered and placed into BBQ pork buns!
Names are not important, what I can tell you is that I am only one person and a nobody per say. I have helped educate and facilitate moving $20 million out of china via the Bitcoin protocol.
Do you really think China is going to allow this to happen when per capita controls were $40,000 per year. hahahah. My buy orders have been set for $530 - $450 for months. China will soon flip the switch, they will seize Huobi, the Lee brothers will vanish and all of those coins will be owned by teh Chinese Government effectively removing supply.
I expect the price to continue forward with the Chinese Government as a 25% partner in BTC hehe
Come on guys this is a communist regime and Coindesk parades OkCoin and Huobi as if they were credible reliable institutions. Sad, fault is on coindesk as well for being so naive. But in their defense I doubt they have much understanding of geo-politics.
BTC must operate in free societies, it can operate in the shadows in others with out doubt but not in the public eye hehehe. You are about to witness the flip of the switch real soon.