Disclaimer: This article is intended to convey more market information and does not constitute any investment advice. The article only represents the author's views and does not represent the official position of Mars Finance. Editor of
: Remember to pay attention to
Source: Shenlian Finance
Original title: Bitcoin flashed to $5,555, and the market was wailing. Is it related to PlusToken shipments?
Author: Fujido
Starting at 6:30 this afternoon, in just half an hour, Bitcoin flashed from US$7,211 to US$5,555.
The entire market is in panic.
According to contract market statistics, the total liquidation of the entire contract market in the past hour was US$1.532 billion, including US$1.151 billion of Bitcoin liquidation, US$169 million of Ethereum liquidation, and US$62.51 million of BCH liquidation.
Some people believe that this drop and several previous drops are due to the impact of the global epidemic and economic crisis. However, some people say that the reason why Bitcoin fell is because of the previous runaway "No. 1 fund in the currency circle". It has nothing to do with "PlusToken shipments."
On March 6, some media reported that the funds on the addresses starting with 15Z1sT and 1CkuKa, the escape funds of PlusToken, had changed again. 13,112 Bitcoins were being divided into several addresses in small amounts, and had been dispersed into dozens of addresses.
As early as December 2019, PlusToken transferred funds to an unknown wallet. The transaction value at the time was $105 million and involved a total of 790,000 Ethereum. Since then, the total cryptocurrency market value has plummeted by $12 billion.
But at the same time, James Hapak, a digital asset manager and over-the-counter trader from Toronto , believes that the current decline in cryptocurrency prices may have nothing to do with PlusToken.
But no matter what, the Bitcoins split by PlusToken are the assets of the majority of victims.
On June 30, 2019, the capital disk project PlusToken officially ran away.
After the person in charge took away 20 billion yuan worth of cryptocurrency assets, he casually left a sentence, "Sorry, we ran away."
Then, the 3 million rights defenders who suffered from PlusToken ran away began to The long road to rights protection.
Half a year has passed in the blink of an eye. Faced with the reality of PlusToken asset transfer and division and the collapse of Bitcoin, I wonder what investors will think.
“I started thinking about my Bitcoins”
“Watching Bitcoin plummet, I started thinking about my Bitcoins.” PlusToken victim Xiao Yang (pseudonym) told DeepChain, “I once owned them. .”
“I still can’t forget that day.” At that time, Xiaoyang had just got off the plane to Yunnan, and the “bad news” came.
According to Xiaoyang, he deposited his 10 Bitcoins into the PlusToken wallet in March 2019 and turned on the smart dog brick-moving mode. After that, Xiaoyang watched Bitcoin gradually rise, from more than 3,000 US dollars in March to more than 8,000 US dollars in June.
“Watching Bitcoin rising every day, the static income from building bricks by myself has also increased.” Xiao Yang told deepChain, “At that time, I felt that wealth and freedom were just around the corner, so I bought a flight ticket to Yunnan on June 30. Planning to travel.”
A PlusToken player told DeepChain that when its static income was at its highest, the daily dividends could be as high as 50,000.
"I didn't expect that as soon as I got off the plane, I received a call from my friend that PlusToken had run away."
When he learned that PlusToken had run away, Xiao Yang immediately opened his wallet to withdraw coins, but no matter how many times he tried, the message displayed in his wallet The status is always under review.
"Later, I immediately bought a ticket back to Beijing. The original travel plan was also terminated." After that, Xiaoyang kept trying, but the results were the same without exception.
"Now, it hurts my heart to see that PlusToken's Bitcoin accounts are being split and dispersed."
Xiaoyang believes that among the split Bitcoins, there are 10 Bitcoins of his own.
"If the Bitcoin is still in my hands, even if it returns to zero, I will admit it, but now I am not willing to accept it." Xiao Yang finally said to DeepChain.
"This is also the reason why I established the PlusToken rights protection group." Xiao Zhang (pseudonym), the leader of a rights protection group, told DeepChain, "Too many people have suffered deeply."
According to Xiao Zhang, he established this rights protection group as soon as PlusToken ran away.
"To my surprise, as soon as the group was established, many people joined the group. "Xiao Zhang told DeepChain, "So far, there are 968 people. "
" I have made a statistics. Although it is not comprehensive, it has certain reference significance. In my group, the amount defrauded should be around 50 million. "Through communication with the group members, Xiao Zhang found that most of the people who came to defend their rights lost more than 50,000 yuan in the PlusToken incident.
However, despite the huge amount and the large number of people, and most of them went to the police station to call the police, the rights protection action However, there has been no progress.
Xiao Zhang said that in the early days, almost all members joined the group. They are all victims of PlusToken, but as you get further, those who join the group become advertisements and people trying to get people involved.
In desperation, Xiao Zhang set up the group as a paid group.
Now, in Xiao Zhang’s rights protection. In the group, there are still people discussing calling the police and safeguarding rights.
"But the popularity is no longer what it used to be." "Xiao Zhang told Deep Chain, "Many people chose to give up.
In this group, some users said, why are we still discussing (PlusToken) now? People already live in high-rise buildings.
Some other group members joked, "Recruiting PlusToken refugees is limited to girls between 20 and 30 years old." Paper, food and lodging provided. The market circle is ruthless, but the coin circle is loving. "
It is worth noting that in the early days of PlusToken, there were still many users who spoke for PlusToken.
"But now there are almost none. "
" The rise and collapse of the "number one fund market in the currency circle"
PlusToken was launched in May 2018.
In the promotional materials, PlusToken officially stated that it is the world's second largest digital currency wallet after ImToken, and claims to be developed by the Google team and developed by the Korean Samsung team, and Google and Samsung hold 17% of the shares. According to reports, PlusToken’s operating model mainly relies on the community. , communities are often established by members with higher levels, and each community is composed of several WeChat groups with about 500 people on average. Based on the community, PlusToken has issued 500 million "Plus" tokens. Yes, the total amount 500 million PlusTokens are only distributed in more than 500 currency-holding addresses. The top ten Plus currency-holding addresses of
own 99.98% of the Plus tokens, and the first one owns 300 million Plus tokens.
.5 billion P. Plus, based on the price at that time, each coin was close to 100 yuan, and the total market value of PlusToken was close to 50 billion yuan. This number made it the "number one fund in the currency circle."
To obtain Plus coins, users need to pass Ps. Only by recharging 3,500 yuan worth of Plus coins on the Ex exchange or transferring money to the PlusToken wallet can the brick-moving robot "Smart Dog" be activated for it to move bricks.
users will receive a static income of 0.5% to 2%.
smart dogs are divided into four levels: big family, big coffee, great god and creation. When the development offline reaches certain conditions, people at these four levels can get 5% to 15% of the unlimited generation "bricks" Commission.
and development offline, all Plus Token users also enjoy a 50% dividend on the transaction fees of their own development offline.
“In fact, after seeing the hierarchical and offline content of PlusToken, a more vigilant player should be able to smell the fund disk and the offline content. It smells like MLM. "Xiao Zhao, who is familiar with PlusToken, told DeepChain.
Previously, Xiao Zhao had been exposed to PlusToken under the introduction of a friend, but ultimately did not choose to enter.
"Fortunately, I was not cut off. But my friends around me have been cut off a lot. "The reason why
PlusToken is so popular is that in addition to constant publicity in its own community, its communities also promote it by purchasing homepage advertising space on Baidu. Users who search for PlusToken by
can directly enter the page by entering the relevant words "PlusToken", and You can add community staff WeChat through the page information, and then invest in PlusToken.
“Many people have been deceived by advertisements, thinking that it is a very powerful cryptocurrency product. "Xiao Zhao said.
In Xiao Zhao's view, the PlusToken project uses "high returns", "artificial intelligence" and other seemingly high-level and attractive concepts, and ensures a steady stream of projects through online community operations and offline recruitment. people participated, creating a perfect Ponzi scheme for users.
"As for Ponzi schemes, there will always be trouble one day."
On July 1, 2019, according to the official WeChat account of "ifeng.com blockchain ", the Vanuatu police force arrested a man for illegal Internet fraud on Thursday night local time. six Chinese nationals. These six people are suspected to be the founding team of PlusToken.
In fact, this is not the first time that the PlusToken team has been arrested.
As early as March 8 last year, according to Hunan Daily news, Tianxin District, Changsha City shut down an illegal fund-raising den that promoted virtual currencies under the banner of "blockchain" and used "PlusToken Blockchain Wallet" as a gimmick. Carry out publicity activities, and it is suspected that this method will induce the public to invest. It is also recommended that the general public remain vigilant against such illegal financial propaganda activities.
Almost at the same time, some players revealed that Chen Zihan, one of the PlusToken supporters, ran away to South Korea after the incident and was out of contact because he was wanted by the mainland police.
In addition, big players and organizations in the currency circle have distanced themselves from their relationship with PlusToken. Dr. Xu Gang, who was an investor in PlusToken’s promotion, once posted on WeChat Moments stating that he had nothing to do with PlusToken.
Later, WBF also issued a document stating that it had no other relationship with PlusToken other than accepting sponsorship and maintained a neutral attitude.
Fubit Mr. Sun, who is called a loyal member by Plustoken, also posted on WeChat to refute the rumors and requested the project team not to use the Fubit brand for any commercial promotion.
has previously reported on the Internet that PlusToken is also related to WBF's partner "Three O'clock", but an insider close to "Three O'clock" said: "PlusToken has nothing to do with Three O'clock and its person in charge."
Is the Bitcoin plunge related to PlusToken shipments?
On December 16, 2019, the data analysis company Chainalysis released a PlusToken scam asset analysis report stating that as many as 20,000 Bitcoins and 790,000 Ethereums may still be controlled by PlusToken scammers.
Regarding this, Jiang Zhuoer posted on Weibo that PlusToken’s 20,000 Bitcoins may seem like a lot, but in fact they are only 11 days of new coin production (a constant daily production of 1,800 coins).
The subtext means that PlusToken shipments will have little impact on the entire cryptocurrency market.
Coincidentally, blockchain security agencies Beijing Lianan and PeckShield have also stated that there is currently no sign that the decline of Bitcoin is related to PlusToken.
This view is agreed by Xiao Zhang. In Xiao Zhang’s view, PlusToken’s size has limited impact compared to the currency circle with a market capitalization of trillions. Even if it is shipped, it will have little impact on the recent market conditions.
Beijing Lian'an also stated in an interview with the media that the rhythm of PlusToken money laundering is continuous and is not a short-term process of huge amounts.
Therefore, the current market panic may be influenced by the psychological panic among cryptocurrency users.
"Users have psychological panic. This sentence is correct, but this user is not limited to cryptocurrency users, but the panic of global financial participants when facing the epidemic and economic crisis." Zhang Hongbin, founder of
Lighting Capital, believes that including today The several declines in Bitcoin, including Bitcoin, were largely caused by the deflationary atmosphere caused by the epidemic and the global economic crisis.
Many people want to extract the assets in their hands and seek benefits while avoiding disadvantages. Not only the currency circle, but also the stock market has declined to varying degrees.
PlusToken’s cryptocurrency is not that crucial to the entire market.
However, TradingView analyst Jacob Canfield believes that PlusToken scammers have already acquired the ability to manipulate the market by using the funds they may have accumulated.
Some blockchain practitioners also said that the Bitcoin in the PlusToken incident has gradually entered major exchanges, which may suppress the market price of Bitcoin. According to
, two shipments of PlusToken in August 2018 caused Bitcoin to fall by 12.62% and 12.35% respectively.
Therefore, this Bitcoin waterfall is also related to PlusToken shipments.
Furthermore, as early as November 2019, cryptocurrency analyst Ergo stated that Bitcoin’s drop to $6,600 was due to the massive liquidation of the PlusToken scam.
On March 12, Cointelegraph reported that most of PlusToken’s market effects have basically disappeared.
Some research institutions said that the PlusToken scam uses regulated exchanges to transfer Bitcoin profits rather than selling them through over-the-counter transactions.
About $1.3 billion in assets have been sold off in the past seven months, with the selling process increasing as the market strengthens and "pausing" as the market weakens.
Nearly 70% of the hoarding has been allocated so far, which means that "most of the market effect of PlusToken has basically disappeared.
may have been relevant, but in the face of the upcoming halving and such a large decline, PlusToken shipments The impact of
is becoming less and less important.-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-