BTCC voiced its position on SegWit2x

Bobby Lee talked with Reddit users and voiced BTCC's position on SegWit2x, Bitcoin price manipulation and BTCC' mining plans
03 November 2017   915

Bobby Lee, co-founder of one of the ex-biggest Chinese cryptocurrency exchange "BTCC", talked with Reddit users. He had made some interesting statements.

On Segwit2X:

We will support more than one chain if there’s enough user demand and if doing so makes economic sense.
BTCC supports altcoin mining; earlier this year, we started mining litecoins, and we will start mining bitcoin cash soon.
In the future, if the Bitcoin Core Legacy (BCL) chain survives, we will consider providing BTCC Pool support for that based on market demand.
 

Bobby Lee 
BTCC Co-founder

On BTCC mining:

We will mine BTC, and once bitcoin is upgraded in November, we will continue to mine that.
 

Bobby Lee 
BTCC Co-founder

On Bitcoin Price manipulation:

I believe that bitcoin prices will become harder and harder to manipulate as more and more people worldwide get into bitcoin. Liquidity is increasing significantly. 
 

Bobby Lee 
BTCC Co-founder

Now BTCC is a mining pool, it stopped all exchange operation some time ago. This was made due to Chinese authorities policy. 

BTCC to Close It's Mining Business

This measure is caused by the "business adjustments"
07 November 2018   456

BTCC will shut down the mining pool BTCC Pool Limited due to "business adjustments", CoinDesk reports.

BTCC, also known as BTC China, launched a pool in 2014, along with the Mobi wallet and the eponymous cryptoexchange.

Note that on August 24, 2017, BTCC Pool mined the block on which the SegWit protocol was activated. In June of this year, Hong Kong financial company Value Convergence announced its intention to acquire a 49% stake in the pool.

BTCC was the oldest crypto-exchange in China before the events of September 2017. Exchange founded Bobby Lee, brother of the creator of Litecoin Charlie Lee.