you heard it here first
BITMAIN FILING FOR BANKRUPTCY
Elijah Jackson
Angel Johnson
Bs kys
Carter Jones
What's a bitmain mane?
Jaxon Green
they are the main bit
Matthew Morgan
sauce?
Isaiah Robinson
This is it. If they file for bankruptcy all of their BTC holdings will be liquidated to cover their debts. Literally millions of BTC are about to be market sold. This is the cryptocalypse.
David Nelson
please be true
David Torres
So you mean I can have a do-over and buy BTC at $0.10?
Brayden Barnes
You know, except you are misusing the word literally and that this is BS because a company with literally 3 billion in commodities, operating costs of a few million, and fixed equipment costs already covered would be able to secure all of the financing they require.
Joshua Barnes
The whole point of declaring bankruptcy is to avoid paying anything, retard
Jaxson Robinson
Do they actually own their own in house chip fab? If so could some one buy the steppers in the bankruptcy sale?
Jacob Mitchell
They already unloaded all their BTC or traded it for BCH. Nothing to liquidate.
Anthony Parker
no they buy from tsmc
Christopher Reyes
Lame. How do they even have such a monopoly on ASICs? If all they really have at the end of the day are ASIC designs why doesn't someone just build one that's different enough to be legal or just illegally reverse engineer their stuff?
Nicholas Rivera
So what you're implying then is that if they need liquidity, their only play is to dump bchabc or whatever the fuck its called? And it seems that it is likely that they will need it, so I would be very nervous if I was a bab boi.
> kinda makes me STIFF
Matthew Parker
Their BCH was from before the fork, best believe they have a couple million BSV to dump
Levi Price
>The whole point of declaring bankruptcy is to avoid paying anything, retard
that's not how a bankruptcy works fren
David Reyes
They've done that, but everytime it happens, buttmain hires goons to fuck over whoever's challenging their monopoly.
Since most challengers aren't chinese, the chinese themselves help in fucking them over. If it's a chinaman, buttmain buys them out.
What did you guys honestly think buttcoin would lead to? Did you think this wouldn't happen?
Alexander Turner
they were first mover at their scale but now they lost their chip designer to a competitor. they have failed new designs and a bag full of bcash to show for it.
Dominic Jackson
pic related now controls the worlds largest publically traded mining company. he has billions of dollars of his own, he doesnt need a desperate IPO to be bailed out
Thomas Ramirez
Seriously why is Calvin so based? Also is 10 SV enough to make it?
Nathaniel Bell
kys
Matthew Brown
checked. calvin is literally the savior of bitcoin at this point. Name a better trio in crypto. I'll wait (protip: you can't)
Luis Cooper
Yes but this time it won’t moon to 20k
Matthew Adams
cringe
Grayson Johnson
You should try to acsquire some more SV
Blake Barnes
Man I seriously love these fucking guys. Imagine getting to party with them for a weekend, would literally be based.
I'm doing my best but times are a little unstiff right now. How much to make it? I have pic related (at the bottom of the screen if you follow the shit in the one box).
> Oh and *ahem*... Fuck jannies
John Ward
Good, that means better overall distribution of Bitcoin which is healthy in the long run. One less giant whale out there manipulating
Kevin Brooks
Yes but buy SV at that price
Jeremiah Collins
If you have 10
You will make it, but you just wont be able to touch them until you do. You gotta be rock solid with them.
I'd say to try and hit the 21 club if you can
But lifes not all about money
And BSV isnt the only investment chance you'll have in the next 5-10 years either
SO just do what you can and enjoy the ride
The only place Bitcoin needs to be is locked up in IRON HANDS
I won't tell people to HODL like a scammer does
but I'm just saying
the amjority of traders are cancer
Nicholas Perry
You mean they're going to rekt BCH bagholders even harder, right?
You realize they traded all their BTC for BCH, right? That's why they tried to do an IPO in the first place, to dump their underwater BCH assets on the general public.
I wonder how much BSV they also hold from the fork?
Bullish, BTC will be baptized in the blood of BCH shills.
Tyler Moore
is Bitmain the fatal flaw craig wright was talking about?!
Dylan Anderson
>and a bag full of bcash to show for it
and a bag of BSV, i don't think they have had time to dump even 10% of their BSV even if they wanted to
jihan would never do that because he isn't actually loyal to any crypto, the little shit
Evan Cox
>Literally the largest manufacturer of ASICs
>Own over a million bch and bsv
Wanna know how I know you're a nigger?
Brody Gonzalez
>>Own over a million bch and bsv
will be worth $0 soon user
Oliver Martinez
>Literally the largest manufacturer of ASICs
that can change in a matter of months