https://twitter.com/btcking555/status/1070273504011005952BTCKING555
@btcking555 8 minutes ago
Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !
https://twitter.com/btcking555/status/1070278748606472192BTCKING555
@btcking555 53 seconds ago
With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!
I wonder where BTC would have been today if Wu and Ver had not started all the Bcash shit and had, instead, focussed their efforts on BTC. Would we have been this low or would real adoption begun to take hold?
Who knows where the price might be by now?
Wankers