TallTim📈📉💰Aug 28, 2018
Until #samsonmow comes here, have to link to birdsite -- https://twitter.com/Excellion/status/1034413924605603840 Major financial publisher Caijing out with a story on #bitmain and their #ipolosion financials. Worth a read, they're totally screwed. #bcash #jihanwu
Samson Mow on Twitter

“.@Caijing, a major financial publication in #China, just published an in-depth piece on the #BitmainIPO fiasco: massive Q2 losses, pre-IPO investors jumping ship / denying involvement, tech team behind S7/S9 left and now no new advancements, AND patents are rendered invalid.🍿📉”

Twitter
TallTim📈📉💰Aug 26, 2018
#samsonmow bringing the pain, nice deep dive on #bitmain and how their #ipolosion is a train wreck -- https://samsonmow.com/bitmain-ipo-and-technical-challenges/ Pull up a chair, get some popcorn and put up your feet. Highly enjoyable. #rekt #bagmain #jihanwu #bcash
Bitmain: IPO and Technical Challenges

During the market’s best two years, Bitmain did not roll out any new chips or new mining machines to update its core Bitcoin mining product line, which can be fatal for a chip company in this fast-…

THE LION'S DEN
Show threadTallTim📈📉💰Aug 24, 2018
@nic Right, november - but #bitmain and the #ipolosion deal with #jihanwu is still on deck, and that could have some interesting implications. #bcash #altforks
TallTim📈📉💰Aug 22, 2018
#bitmain assessment from #abbernstein can be found here -- https://www.scribd.com/document/386820286/AB-on-Bitmain#from_embed for those that want the details. Doesn't look good. #ipolosion #jihanwu #bcash
AB on Bitmain | Bitcoin | Cryptocurrency

AB on Bitmain

Show threadTallTim📈📉💰Aug 20, 2018
@Dennis From reading docs, looks like their massive inventory of 16nm chips can't compete with the newer 7nm #ASIC from their competitors. Also, they are sitting on 1 million #bcash they can't afford to liquidate for cashflow - their market would crash. The whole #IPO is to give them cashflow to weather these things - and even that isn't certain to save them. #bitmain #bagmain #ipolosion
Show threadTallTim📈📉💰Aug 16, 2018
@christinabahk @Cubanjulioneira @excellion If the sharks know you have to sell, then you're going to pay a lot more to get out. #OTC would not be a great choice. #LTC #bagmain #ipolosion
Show threadTallTim📈📉💰Aug 15, 2018
@TheCryptoconomy Also his article is here on medium -- https://medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3 #shitcoins #bagmain #ipolosion
A BCH Update: Bitmain, BCH, the IPO & What it all Actually Means

Summary: In this post we will -

Show threadTallTim📈📉💰Aug 15, 2018
@Cubanjulioneira @excellion I have it on good authority that #Bitmain 's new mining center in the Pacific NW has not paid the local electric provider to start installation of a new substation. They initially wanted 100MW (insane) and scaled it back when the utility wanted money up front for the whole deal. This could be the tree falling in the woods regarding their cashflow/balance sheet. #bagmain #mining #ipolosion
Show threadTallTim📈📉💰Aug 14, 2018
@nic #WufulWednesday? #IPOlosion? #Bagmania? I don't know, but it is highly amusing to watch. 🍿 😎
Show threadTallTim📈📉💰Aug 13, 2018
@MrHodl @ToneVays @leahwald @giacomozucco @nvk Funny that MrHodl said 🍿 - that's what Bitmain's ASICs will turn into, hot air poppers. #Bitmain #IPOlosion #saltfork