the lotto drove price down a lot.
basically they are selling s-7's on hashnest for 3 coins via the lotto they run.
https://www.hashnest.com/lucky_hashes/runningyou get a 4860gh miner for 3 coins.
wtf do I mean simple
30 people buy 100 shares cost = .1btc each 30 x .1btc = 3 btc
to be sure you win you need 30 different people , well 30 different accounts.
3 btc / 4860 gh= 0.000617 current trading price is now .0005899
when the lotto started price was over 0.0011
so combine the undercutting of the normal sales with the lotto and diff rise and you get price crash.
I am fully out of China no miners hosted or any hash nest.
It will only get worse.