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Old 04-22-2021, 03:48 PM   #1381
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Lol like the ultra rich coinbros pay taxes/have holdings in US banks.

Lotta money moving around the Cayman Islands today.

Originally Posted by MrMastodonFarm View Post
Settle down there, Temple Grandin.
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Old 04-22-2021, 04:10 PM   #1382
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Originally Posted by Fuzz View Post
It's down 6%, I'm no sure that's massive. Pretty much matches the drop in Bitcoin. Is there a reason Bitcoin has been cratering in the past 10 days or so?
A bunch of miners in China went down for maintenance which caused a massive decrease in hash rate for the rest of the miners. Miners difficulty corrects every 2 weeks and I believe the next adjustment is in the 30th. This is a part of the reason behind the dip.

I wonder if China did this on purpose because the people’s bank of China said that bitcoin is an ‘investment alternative’. Could this be a sign that China’s loading up on bitcoin 🤔
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Old 04-22-2021, 04:33 PM   #1383
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So what, a hole bunch of miners just happened to plan maintenance at the same time, and that tanked 15% of the value out of Bitcoin? Maybe I should just sell my bitcoin etf, that's crazy.
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bitcoin , cryptocurrency , ethereum

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