This is a name that cannot be avoided in the currency circle. The name "Brother 480,000" comes from the fact that he used his 480,000 savings for buying a house to buy 100 bitcoins, and started live streaming on Baidu Bitcoin Post Bar on January 28, 2014.
But bad luck meant that this live streaming came at the wrong time. The subsequent negative policies and the sharp drop in the price of the currency caused his assets to shrink rapidly, falling to only 90,000.
The sarcasm on the forum and the misunderstanding of his family made Brother 480,000 worse. "Fighting with the mother-in-law and threatening to divorce my wife" gradually became the theme of his live streaming.
In early 2016, when Bitcoin rebounded to 3,000 yuan, Brother 480,000 replied to readers "throw coins to buy a house." The man who once expected to use Bitcoin to pay in full for a house and a new car left the market with a loss of 180,000 yuan and eventually missed a crazy year.
