Jihan Wu in half a billion in losses after BCash trade

[gabagandalf]

that does not look good for jihan wu. he really seems to believe in bitcoin cash and hopes that will make a big profit. but somehow it does not look like it. look forward to how it goes on with him.

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[The Goat Master]

https://twitter.com/btcking555/status/1031441891269783552

"Breaking: Bitmain insider says Jihan and team just revised down year budget from revenue of $8 bln down to $3 bln"

If it is true, things are not going as it supposed to be, or maybe new arrangements are being made.

[o_e_l_e_o]

https://twitter.com/btcking555/status/1031441891269783552

"Breaking: Bitmain insider says Jihan and team just revised down year budget from revenue of $8 bln down to $3 bln"

If it is true, things are not going as it supposed to be, or maybe new arrangements are being made.

I'd like to see a source, but this is hilarious if true. "Things are not going as it supposed to be" is probably a bit of an understatement. They went all-in on BitcoinTrash, own the majority of the supply, the price is tanking and they are running out of newbies to unload this scam on to. Their own fault, and they will find no sympathy.