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September 15, 2017, 07:34:53 PM |
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Two major factors.
1) The big cryptocoin price DUMP of the past week, in response to the news out of China especially the BTC China announcement that they are shutting down ALL operations.
2) New batch of L3+ (and possibly a batch of A4) got shipped and put online, bumping the diff up quite a bit.
On the positive side, $3000 seems to have been the approximate bottom as long as no NEW negative news shows up.
Perhaps someone pointed out to the Chinese Government how much foreign exchange Bitmain is bringing INTO the country, and that it would be a BAD THING to shut Bitcoin down in China....
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