Now that the Chinese can use the ETH and not BTC I expect ETH to do great things. Hot Off the Press.
I'm in a group on WeChat, Chinese version Whatup, with a bunch expat crypto traders living all over this country and got a link from Twitter this morning with high expectations. The article is in Chinese so it might take a a few hours to make on Twitter in English. Maybe it is now but you saw it here first.
Basically the article says this exchange will now let people cash out their ETH.
So what's to stop them from Shapeshifting their BTC to ETH now?
It is weird and interesting that ETH, for the time being, can be properly used. I do wonder about guanxi at play or maybe they have been overlooked by the officials here. OR maybe the officials here have more money in ETH than BTC, lol
See the original post here
www.huobi.com
The MS Bing translation
*"2017-05-27 19:36:13
About the fire money net official on-line ETH transaction Notice the user, the fire Money Network is scheduled to open at 19:30 May 27 eth Recharge and the present business, May 31 12:00 officially open ETH transaction.
After nearly 4 years of development, the current ether technology has been more and more popular and attention, many of the encrypted digital asset enthusiasts have also repeatedly called on the ETH trading line, the fire money network from the digital assets of the market space, team capacity, stability, iterative capabilities, market liquidity and other factors comprehensive consideration, will be on May 31 formally on-line ETH transaction!
May 31 ETH trading on line, the account eth the balance of the top 50 to send hardware cold wallet; from now to May 31, where trading Bitcoin or the Wright currency, can receive 0.005ETH reward; May 31 12:00-June 3 12:00, transaction rates in case!
June 3 12:00-June 8 12:00, trading rate million! ETH is now the world's second-largest encrypted digital asset, is a dedicated digital asset for the Etheric Square (Ethereum), the Etheric Square is a block chain technology with intelligent contract function, its transaction data has the characteristic of to be centralized, transparent, permanent record, the developer can develop other application on this platform. The Etheric workshop was released in 2013 by developer Vitalik Buterin and officially launched in 2015. The etheric square is highly scalable and cost-"*
It took 4 years but they figured it out. A way appease everyone from the top down.
Here is the original Chinese version
*"2017-05-27 19:36:13
尊敬的用户，
火币网定于5月27日19:30开放ETH的充值和提现业务，5月31日12:00正式开放ETH交易。
经过近4年的发展，目前以太坊技术已受到越来越多的青睐和瞩目，众多加密数字资产爱好者也多次呼吁火币网上线ETH交易，火币网从数字资产币种的市场空间、团队能力、稳定性、迭代能力、市场流动性等多方面因素综合考虑，将于5月31日正式上线ETH交易！
5月31日ETH交易上线时，账户ETH余额前50名送硬件冷钱包；
即日起至5月31日，凡交易比特币或莱特币，均可获0.005ETH奖励；
5月31日12:00-6月3日12:00，交易费率万一！
6月3日12:00-6月8日12:00，交易费率万五！
ETH目前是全球市值排名第二的加密数字资产，是以太坊（Ethereum）的专用加密数字资产，以太坊为具有智能合约功能的区块链技术，其交易资料具有去中心化、透明化、永久记录的特性，开发者可在此平台上开发其他应用。以太坊在 2013 年由开发者 Vitalik Buterin 发布，并于 2015 年正式推出。以太坊具有高扩展性，成本和速度皆优于比特币，今年2月，微软、英特尔、摩根大通及富邦金控等近 30 间金融和科技龙头宣布共组“企业以太坊联盟”（Enterprise Ethereum Alliance，EEA），要将以太坊区块链带入商业应用。
ETH上线初期，充提币的审核会较严格，处理速度可能较慢，随着业务的磨合会逐渐改善。
火币网
2017年5月27日"*
Anyways, May 31st 2017 is going to an interesting day for the ETH markets in China. Keep an eye out.
The markets will bounce back 
https://steemit.com/cryptocurrency/@stellabelle/6-solid-reasons-you-know-cryptocurrency-is-about-to-go-mainstream
Keep looking up people that's where we're going.