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BITCOIN PRICE DOESNT LOOK GOOD – CRYPTO & COFFEE #0074

Bitcoin once again move only $200 at the moment I record this video, it has been doing this for days in bart patterns that at the end of the day is just pure manipulation from exchanges or bots that run the markets, there is not much volume and its starting to create lower highs every single time it moves ever since that $7400 top after moving 90% after the drop to $3800, there are not many logical reasons for it to pump at the moment and the HYPE of the HALVING is not there, average ppl are not fomoing into Bitcion, companies and retail traders…

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BITMAIN REDUCE OPERATION NETHERELANDS

As a continuation of BITMAIN layoffs around the world the crypto giant has decided to reduce operations in the Netherlands as an official statement from BITMAIN. Besides Netherlands other sites has been shutdown or reduce their staff like Israel, Texas after suffering the downtrend effect of Bitcoin but for the most part Bitcoin Cash since we cant forget Bitcoin Cash is basically BITMAIN coin for many factors, they had a most hashing power on the coin, it was created by two of BITMAIN chiefs Roger Ver and Jihan Wu and they also hold over a a million Bitcoin Cash at a certain point. All this…

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BITMAIN CLOSING

At first it was reported that BITMAIN was CLOSING operations at Texas but it seems that they are scaling down their staff, around 15 employees were laid off and only 5 remain. Organizations like BITMAIN are one of the biggest threats to crypto and watching them go down is the mirror result of it, many may think how is this possible how is it possible to a millionaire company like BITMAIN will go down they are suppose to survive, and the answer is centralize, BITMAIN had so much Bitcoin Cash and hold to it, when price of BTC and BCH went down when BTC break…

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BitcoinCash Centralized

The main reason I made this post is because crypto is about decentralization and equal oportunity for everyone, not for only a few. There are many ways a coin or any project can be centralized or manipulated and the math is easy it’s when one single entity holds a high amount of it, in this case its BITMAIN, they recently came out with promotional material of their IPO but that’s not the topic here, for all the Bitcoin Cash BITMAIN holds 1,021,316 Bitcoin Cash Tokens, this amount of coins is absurd, they can just break the price of Bitcoin Cash on any exchange they want…

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