In the coin circle, everyone hopes to get rich quick and achieve several small goals!
Bao Er Ye is a great example: born in a small place in Shanxi, a nobody selling beef, with no funds, no technology, and no looks, but now he has immigrated to the United States, drives luxury cars, lives in a mansion, and is worth billions.
1, The story of Bao Er Ye being bold, meticulous, and shameless - Tsinghua Edition
Although Bao Er Ye is a big scythe, it must be admitted that he has some typical qualities of getting rich quickly: bold + meticulous + shameless. In 2003, 20-year-old Guo Hongcai took the college entrance examination in Shanxi. Although he only scored 300 points, he directly applied to Tsinghua University. Of course, Tsinghua rejected him, but he immediately rented a house at Tsinghua Zhaolan Academy and audaciously attended classes for 4 years.
Er Bao also saw business opportunities on the Shuimu BBS forum. He replicated the audiovisual materials in the forum into CDs and resold them, earning over 10,000 a month.
2, The story of Bao Er Ye being bold, meticulous, and shameless - Girlfriend Edition
Guo Hongcai's wife is Jin Yangyang. Many old members of the coin circle have heard of (Yang Yang Interviews). Guo used this platform to meet many big names like Li Xiaolai and Wu Jihan.
It was in 2013 that Guo Hongcai came to Beijing to learn how to use e-commerce channels to sell beef. At that time, Li Xiaolai, who had gained some fame in the Bitcoin field, held a sharing session about Bitcoin at the famous 'Garage Cafe' in Zhongguancun, Beijing. Jin Yangyang was one of the listeners, and at that time, she was pregnant with her third child. After listening to the lecture, this 'Bao Madam' decisively purchased Bitcoin at a price of 500 yuan each for hundreds of thousands of yuan.
Don’t be fooled by the fact that 'Bao Er Ye' is now a well-known big shot in the coin circle. In 2013, Guo Hongcai was known in the circle as 'Jin Yangyang's husband.' In a sense, Guo Hongcai's wife, Jin Yangyang, was the 'guiding figure' in the coin circle for Bao Er Ye.
Guo Hongcai and Jin Yangyang met one night in 2006 on the Sichuan-Tibet Highway. In Jin Yangyang's words, their encounter was 'a meeting of wanderers.' That year, Jin Yangyang participated in a collective cycling event, starting from Ya'an and riding along the Sichuan-Tibet Highway. On the way back to Ya'an, she met Guo Hongcai, who was riding a bicycle alone, and they agreed to meet again in Lijiang a month later.
In 2006, while sneaking into classes at Tsinghua, Guo rode a bicycle alone to travel to Tibet. On the way, he met a student from Sichuan Agricultural University, Jin Yangyang, and after some persuasion, he got her phone number. They walked together for a while and parted ways in Guilin.
Months later, Guo suddenly ran to Jin's hometown in Mianyang and claimed to be Jin's boyfriend. This wonderful love story began.
After parting ways in Lijiang, Jin Yangyang returned to her hometown in Mianyang, Sichuan. One day, Guo Hongcai suddenly showed up, telling her father that he was Jin Yangyang's boyfriend.
Jin Yangyang was startled when she heard this, and then she tacitly accepted it. She recalled that she might have liked him from the first time she met him.
"I was lucky to join the coin circle with Yang Yang. In fact, it was Yang Yang and her friends who came in first. When they were playing with Zhao Dong and Li Xiaolai, I hadn't joined the coin circle yet," Guo Hongcai recalled.
Knowing that his wife had spent a large sum of money to buy Bitcoin, Guo Hongcai panicked and thought his wife had been tricked by a pyramid scheme and urged her to sell quickly, but his wife seemed to be brainwashed and insisted on not selling.
So Guo Hongcai and his wife invited Li Xiaolai, but unexpectedly, he also gradually began to believe that Bitcoin was a good thing that could make money, and he decided to abandon the beef business, switch to full-time research on Bitcoin, and go 'all in.'
3, Beef dealer
In 2008, Guo and Jin were just fresh graduates in Shanghai. Guo suddenly thought of selling local specialties online, and thus the Tmall Pingyao Beef Store was born. After that, they began to sell other Shanxi specialties, saving a considerable amount of money in five years, but Guo felt that selling beef had too low a ceiling and was uninteresting. In 2013, they began their Beijing drifting era and accidentally came into contact with Bitcoin.
4, Garage Cafe
After arriving in Beijing, Yang Yang accidentally went to the Garage Cafe and encountered the Bitcoin godfather Li Xiaolai speaking passionately. Jin Yangyang bought 10,000 yuan worth of Bitcoin at the price of 500 yuan per piece, so Yang Yang was Guo's 'guide' into the coin circle. The Garage Cafe can be said to be the Huangpu Military Academy of China's coin circle, where Zhao Dong, Li Xiaolai, Li Lin, Zhao Guofeng, Ji Xiaowu, Hu Zhensheng, etc. gathered.
5, Bao Er Ye before becoming famous
In 2013, Guo Hongcai and Jin Yangyang founded China's earliest Bitcoin self-media (Yang Yang Interviews), interviewing various big names in the Bitcoin circle. In fact, before (Yang Yang Interviews), Guo had already been interviewing entrepreneurs in the garage cafe with his camera. As Guo said: if you don't understand BTC, the best way is to listen to others.
Yang Yang Interviews also launched the column 'Bao Er Ye teaches you how to play Bitcoin,' at that time buying BTC was still relatively complicated, and of course, the policies were lenient enough to actually 'incite' others to speculate on coins.
6, Bao Er Ye's famous battle
In 2016, Bao Er Ye was invited to the Davos Forum. Not knowing what the Davos Forum was, Bao Er Ye entered wearing big shorts and flip-flops in a WEB3 style. Guo Hongcai used the English he learned on his own to confidently discuss with the well-dressed financial elites: that Bitcoin’s market value would exceed the GDP of all countries. After this meeting, Bao Er Ye's fame skyrocketed. Many people wonder why the Davos Forum invited Bao Er Ye.
At that time, Bao Er Ye's identity was the largest mine owner in the world, and of course, this was also the result of Bao Er Ye hyping himself up, such as touring the country in a stretched Great Wall and buying China's largest Bitcoin information website 'BTC123'. Bao Er Ye's mine could dig out 100 big cakes a day, but the BTC price was still very low at that time.
7, Crazy endorsement to gather wealth
Initially, it was indeed the early evangelists who led the trend of ICO projects: Guo Hongcai seized the opportunity to establish his own investment fund, helping various projects with endorsements.
In three months, more than 30 projects were completed, with a total market value exceeding 400 million. As the number of beneficiaries increased, it further enhanced investors' favorability towards Bao Er Ye, slowly forming a good reputation among grassroots investors, and thus everyone began to form a kind of cognitive bias: as long as it’s a project endorsed by Bao Er Ye, it's a good project.
Guo Hongcai is an ordinary person. He even publicly announced that he does not invest, only endorses, with an endorsement fee of 1%. He also does not shy away from the fact that he does not understand the projects he endorses: 'I endorse those projects without any investigation.'
In 2017, the bull market in the coin circle surged, and Bao Er Ye began a crazy endorsement harvest. Guo's endorsement standard was very simple: just pay him, the fee is 1%. If you raise 10 billion, he gets 1 billion. In less than three months, Guo endorsed more than 100 projects, most of which quickly went to zero.
Interestingly, it is said that singer Wang Feng was also scammed out of 50 million by Bao Er Ye. Guo tricked Wang Feng into opening an exchange, and Wang spent 50 million to purchase the domain name http://BTB.COM, and then there was no further development.
8, Bitcoin less than 1 million, live streaming eating chicken
Bao Er Ye has made many shocking statements, the most famous being: Bitcoin less than 1 million, live streaming eating chicken. In addition, he also emphasizes not forgetting the original intention; for the coin circle, it is the entertainment circle, and being popular is the only demand. Once popular, there will naturally be traffic, and with traffic, there will be gains. Blow it out first, what if it comes true?
9, Fleeing to America
On January 25, 2018, when Bao Er Ye posted his first tweet located in the United States, most people in the circle thought he had made enough money to run away. Only the talents in the coin circle understood that this guy had made enough and fled.
In America, Bao Er Ye increasingly loves to flaunt wealth, and the dream of 'living in luxury homes and driving luxury cars' has been realized one by one.
In March 2018, Guo Hongcai purchased a large mansion of hundreds of acres in Silicon Valley. On April 23rd, he officially hung a sign reading 'Leek Manor' at the entrance. To make his manor genuinely worthy of its name, he even planted a small plot of leeks in one corner of the estate. I wonder what the 'leeks' that were harvested would think of this?
In addition to buying luxury homes, Guo Hongcai also bought two Rolls Royces: one valued at 60 Bitcoins, a limited edition that there’s only one in the whole of America, and it takes three months to get the car; the other was worth 25 Bitcoins, a white Rolls Royce Phantom bought as a gift for his wife.
"Because I want to earn money to buy luxury homes and cars, this is my life dream. Playing Bitcoin is the only opportunity. Playing other things doesn't have such a big possibility. Because not many people play Bitcoin, there are big opportunities in this small field."
Of course, he is not behind in terms of having children; he has one more than Wang Feng's ex-wife!
Bao Er Ye's path to wealth is very similar to Li Xiaolai's: building a persona - crazy bragging - monetizing traffic - laundering money. Setting aside personal character, this kind of finding an advantage, daring to think and act, and being decisive is quite rare in the coin circle!
On September 10, Guo Hongcai (Bao Er Ye) posted pictures on social media, claiming that RenrenBit founder Zhao Dong has been released from prison.
But according to PANews, informed sources said that Zhao Dong has not yet been released from prison, and the pictures posted by Bao Er Ye may be old photos. Zhao Dong was arrested in June 2020 for allegedly assisting in crimes and illegal business operations.
According to court records, Zhao Dong's team provided off-site exchange services for virtual currencies for the 'Tian Tian Xiang Shang' platform, with an amount involved reaching 3.1 billion yuan.
According to the Supreme People's Procuratorate, on March 24, 2022, Zhao Dong was sentenced to seven years in prison and fined 2.3 million yuan.
Although insiders have mixed opinions about Guo Hongcai, some admire his 'free-spirited nature', while others think he is just a 'nouveau riche good at harvesting leeks'.
But it cannot be denied that Guo Hongcai has clearly seized the development wave of the Bitcoin blockchain industry, successfully performing a rags-to-riches story in reality, transforming from a beef seller into a significant 'leader' in the Bitcoin blockchain industry.
Having been through the rain, I am willing to hold an umbrella for leeks! I am B circle life, follow me, and let’s walk hand in hand on the road of the coin circle!
Those who have been scammed by him (welcome to like + comment) !!!
