Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cAPSLOCK
on 05/12/2018, 17:27:26 UTC
https://twitter.com/btcking555/status/1070273504011005952

Quote
BTCKING555
‏@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/1070278748606472192

Quote
BTCKING555
‏@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 am sure they survive in the end.  In a much reduced capacity for better AND worse.

Attack bitcoin... this is what happens.

I will relish the coming humiliation of the new crop of attackers.