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Bitmain, specialized in equipment for Maynion Bitcoin, suffered losses in the third quarter of 2018, for an amount of $ 740 million (third quarter data). If the company can not continue, the bitcoin payment service will be compromised.
This is reported by the bitcoinist. The Chinese giant has not published any official report on its financial results for the past quarter. The media in profile, referring to their own sources, claim that the total cost of the stock fell to $ 1.5 billion, 90% less than in August.
If Bitmain will not have the resources to further support bitcoin flows, it will also be hard hit by the "currency". Suppliers will start to deny line of credit companies, buyers will be reluctant to buy their equipment and their IPO will be canceled. what control of the company will become venture capitalists
Reminder: as previously said OBOZREVATEL, the cost of bitcoin has collapsed at least since October 2017, the bar of $ 4,500 with a low rate of Most popular creep deviation The product standard has dropped from the beginning of 2018 until it reaches the psychological mark of the market – the annual minimum.
Investor At Risk Tim Draper is confident that the bitcoin price will reach $ 250,000 by 2022. Christopher Giancarlo, President of the CFTC, said that cryptography has a future, but that They would not compete with the dollar and the hard currency
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