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There is going to be chaos, stock market crashing, people on street begging for food. I'm talking about nightmare that you haven't seen since civil war. I think it's good for everyone that BTC stays above $400 anything below is too dangerous.
cex.io turned off their cloud mining and many businesses will follow them if BTC price keeps crashing.
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was cloudmining ponzi scam?
one could surely make that argument.