oh my, how are people able to afford to dump at such low exchange rates? are they not paying for electricity? i just don't get it.
It's called dump'n'pump strategy.More like ipo dump to get back the btc investment they made being they prob got 1.3 million+ a btc and at 155 a piece they double the take they doing well.As for the miners we are left fighting to cover power costs and hope the value starts to rise.
Yeah almost 1.4 million for a invested BTC they got, I hope this will not kill the coin for miners as its a big loss mining this now, IPO should have been better calculated but congrats to the investors.
But the IPO should think about miners and w8 for a better price when it's hard to mine, they could make a huge profit if they hold and let miners decide price (they are clueless)