in this down days ... the situation is clear ... anyone manipulate the btc value.... who? (this is not a question of bulla vs bears or whales....) if a big Istitution can try to kill btc??
yeah they do... their sex pets must always at all costs accept those little pieces of papers they can print at will...
anyway, I read a lot about the venezulians bitcoiners... what about the iranians? SCO security and safety from the globalists roaches + cheap and plentiful nat gaz... sun, gravity... I mean... the next china?
can they produce a decent hasher?
Bitmain gets the most benefit from these low prices.
Jihan's demon hole has infinite number of ASIC miners so he has absolute control over the network. He is just manipulating the prices to drive out his recent competitor Halong. Halong is a newer player and don't have a big capital as bitmain so Bitmain hopes halong will eventually go bankrupt just like other European companies did. (like KNC)
If Halong doesn't die soon, we can expect even lower prices. Good for us for having cheap coins, bad for us in the long term because Halong has almost zero chances to win this game.
That's my guess.
An interesting take. The BCH ship is sinking fast, so Dr. Wu turns to other feats.
One reason why I find your guess unlikely is that IMO when Halong embarked on this endeavor, they couldn't possibly ignore the ensuing battle and its perils. So I guess their pockets are deep enough to wait out for the markets to get back to rational before their firm gets insolvent.