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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 55. (Read 704506 times)

hero member
Activity: 1988
Merit: 593
BCH is very dependent on the position of the company. If it is bad, then the BCH price falls stronger than others, and if it is good, then the price grows stronger than others. The company is experienced, survived 2015, so knows what to do, I think we have nothing to worry about

legendary
Activity: 1540
Merit: 1002
This kind of sudden drop indicating this is very dangerous coin to buy at any stage and if it will go down again under $100 than it is good but rumors from Bitmain looking could b ring big crash in coming days.
legendary
Activity: 3808
Merit: 1723
Bitmain is Set to Layoff BCash Developers to Get Rid of Fluff

1-week notice
Signs aren't looking too positive for the Chinese mining giant before it is set to go public on the Hong Kong Stock Exchange.

This time around, Bitmain is reportedly laying off up to 50 employees starting this week. The reason: redundancies.

Allegedly most of the targeted employees are part of the Copernicus team that works on BCash operations.

It could get worse
It might not stop at 50 employees either according to a report from Primitive founding partner Dovey Wan.

If the report is true, the layoffs could target up to 50% of Bitmain’s 2,500 headcount - a massive shakeup for the business looking to IPO.

For now, Bitmain has yet to comment on the matter but according to Dovey Wan, reports like that are ”usually very high accuracy, posted by employees themselves.”
Bcash sugardaddy imploding - the days of bitmain pimping bcash are coming to an end - Bcash bag holders be very afraid.






Sorry, but it looks like Bitmain may be a going down, like the Titanic. 50% of workforce fired.

https://www.ccn.com/bitmain-bitcoin-mining-giant-to-sack-50-of-its-workforce/

Pretty sure this means their IPO is deader than dead. Though Ebang seems to be going thru with their IPO.

https://www.financemagnates.com/cryptocurrency/news/crypto-miner-ebang-re-files-for-ipo-despite-weak-q3-results/

Well, even for ASIC makers and big players like Bitmain...sh*t just got real!





I am not surprised by the lay-offs. Basically many Crypto companies right now are either going bankrupt or having to lay-off a large number of employees, this shouldn't be a big surprise.

Most likely they got less demand for their miners and don't need many of their employees anymore. If the bitcoin mining business improves in the near future then they will re-hire all those people.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
copper member
Activity: 2898
Merit: 1465
Clueless!
Bitmain is Set to Layoff BCash Developers to Get Rid of Fluff

1-week notice
Signs aren't looking too positive for the Chinese mining giant before it is set to go public on the Hong Kong Stock Exchange.

This time around, Bitmain is reportedly laying off up to 50 employees starting this week. The reason: redundancies.

Allegedly most of the targeted employees are part of the Copernicus team that works on BCash operations.

It could get worse
It might not stop at 50 employees either according to a report from Primitive founding partner Dovey Wan.

If the report is true, the layoffs could target up to 50% of Bitmain’s 2,500 headcount - a massive shakeup for the business looking to IPO.

For now, Bitmain has yet to comment on the matter but according to Dovey Wan, reports like that are ”usually very high accuracy, posted by employees themselves.”
Bcash sugardaddy imploding - the days of bitmain pimping bcash are coming to an end - Bcash bag holders be very afraid.






Sorry, but it looks like Bitmain may be a going down, like the Titanic. 50% of workforce fired.

https://www.ccn.com/bitmain-bitcoin-mining-giant-to-sack-50-of-its-workforce/

Pretty sure this means their IPO is deader than dead. Though Ebang seems to be going thru with their IPO.

https://www.financemagnates.com/cryptocurrency/news/crypto-miner-ebang-re-files-for-ipo-despite-weak-q3-results/

Well, even for ASIC makers and big players like Bitmain...sh*t just got real!



jr. member
Activity: 160
Merit: 4
Bitmain is Set to Layoff BCash Developers to Get Rid of Fluff

1-week notice
Signs aren't looking too positive for the Chinese mining giant before it is set to go public on the Hong Kong Stock Exchange.

This time around, Bitmain is reportedly laying off up to 50 employees starting this week. The reason: redundancies.

Allegedly most of the targeted employees are part of the Copernicus team that works on BCash operations.

It could get worse
It might not stop at 50 employees either according to a report from Primitive founding partner Dovey Wan.

If the report is true, the layoffs could target up to 50% of Bitmain’s 2,500 headcount - a massive shakeup for the business looking to IPO.

For now, Bitmain has yet to comment on the matter but according to Dovey Wan, reports like that are ”usually very high accuracy, posted by employees themselves.”
Bcash sugardaddy imploding - the days of bitmain pimping bcash are coming to an end - Bcash bag holders be very afraid.


legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight

Interesting. Had not previously run across this Dr Roy Murphy. Is he pervasive? Is he truthful?

I think his reputation has the previous blemish since he was promoting the bitconnect scam.  Proceed with extre-e-eme caution on that one if at all IMO.

I didn't follow the bitconnect scam, as it was clear from the outset that it was a scam.

If Murphy's claim is to be believed, some 17 posts he made out of hundreds even mentioned bitconnect, and those were skeptical. IOW, that he did not promote it. Is he lying about this?
hero member
Activity: 1134
Merit: 525
Less hops. More wins.

Interesting. Had not previously run across this Dr Roy Murphy. Is he pervasive? Is he truthful?

I think his reputation has the previous blemish since he was promoting the bitconnect scam.  Proceed with extre-e-eme caution on that one if at all IMO.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight

Interesting. Had not previously run across this Dr Roy Murphy. Is he pervasive? Is he truthful?
legendary
Activity: 2212
Merit: 7064
Bitmain is Layoff BCash Developers ...


hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
hero member
Activity: 1134
Merit: 525
Less hops. More wins.
Why don't people have fur, but animals have? Because people began to produce, use, sell and buy clothes and houses without need, and now without homes and clothing cannot be. Also Bitmain created a BCH and asics without the need thereby it create future need in the BCH and in asics  

Are you saying BitMain died for our sins?  Check your O2 levels pls.
hero member
Activity: 1988
Merit: 593
Why don't people have fur, but animals have? Because people began to produce, use, sell and buy clothes and houses without need, and now without homes and clothing cannot be. Also Bitmain created a BCH and asics without the need thereby it create future need in the BCH and in asics  
legendary
Activity: 3808
Merit: 1723
I remember BCH hitting the ATH just like it was yesterday.

For those that don't remember, it got listed on Coinbase and they were waiting for the liquidity to increase before they enabled trading, and due to some bots the price went crazy and hit like $4000 USD or so, and the other exchanges followed. And later what happened was they had to halt trading due to irregular pricing. They finally allowed trading a few days later but price never broke the ATH.

hero member
Activity: 1134
Merit: 525
Less hops. More wins.
Your logic betrays itself.  BitMain wants thousands of shitcoins.  They make miners.  So saying only BCH and BitMain in same sentence has the problem.
You got me.
Bitman is a giant in crypto generally, and in mining industry particularly.
They want more miners to sell their mining rigs.

Their utmost objectives are profits for Bitman coporation, nothing more than that.

FYI the crypto mining industry is bitcoin.  Just like there is one internet.  The rest is people selling testnet tokens in various scams that fail to scale.  Sure BitMain will make you an ASIC for your testnet coin lol.  Too bad the testnet coin scammers  are not testing anything new or innovative other than the depths of peoples gullibility and bad faith.
hero member
Activity: 2366
Merit: 838
Your logic betrays itself.  BitMain wants thousands of shitcoins.  They make miners.  So saying only BCH and BitMain in same sentence has the problem.
You got me.
Bitman is a giant in crypto generally, and in mining industry particularly.
They want more miners to sell their mining rigs.

Their utmost objectives are profits for Bitman coporation, nothing more than that.
hero member
Activity: 1134
Merit: 525
Less hops. More wins.
Which state is the strongest - America. USD is a currency strongest. What kind of state the most powerful on the crypto market - Bitmain. Each state is interested in a strong domestic currency to be less dependent on overseas partners. The conclusion is obvious: only BCH

Your logic betrays itself.  BitMain wants thousands of shitcoins.  They make miners.  So saying only BCH and BitMain in same sentence has the problem.
member
Activity: 494
Merit: 12
the cheaper the price-the more interesting to buy







Buying BCH is double edged sword. If you are for the quick buck and enter at good price range, this might work out for you. Entities with too much power are determining the price, so I guess they won't let it to die off.
member
Activity: 328
Merit: 27
the cheaper the price-the more interesting to buy







To help out Bitmain and Roger?  Grin
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight

THere's an old maxim that states the enemy of my enemy is my friend.

Also, old news.
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