everything goes up, beam just keeps going down & down.. whos dumping? theres no way gpu miners keep the price falling so hard.. devs selling or asics? something is not right..
this is a conversation we have had innumerable times. yes, it is miners mining with GPU. Next...
so beam has the most miners mass selling at a break even price? yeah sure, im a miner & have one of europes lowest costing electricity. gpus barely break even at this low on beam doubt it’s gpus dumping..
i find it weird how both mw projects have lost 50% of their value in past month while btc has been gaining. at this rate we see sub 10 cent in no time when btc plummets again.
maybe a proper exchange would bring some resistance, at the moment theres only one with volume & even thats mostly fake.