As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.As prices continue to flirt with key support points, both suppliers and miners are finding it harder to realize the gains they grew accustomed to in 2017, but people still need hubs to trade what has already been struck. In this case, marketplaces are doing just fine.At least, that’s what a handful of exchange representatives conveyed to Bitcoin Magazine at this year’s Blockchain Futurist Conference. Investors may be fretting over their returns; some may even be in a state of financial panic. But to exchange operators like Huobi, this volatility is par for the course, and it’s nothing that the industry hasn’t seen before.“Historically speaking, even though this is a bearish market overall, it’s not like the bitcoin price dropped to $500. I don’t think we’ll ever go back to that point, because so many people are aware of it. Eventually the market will go back,” Ross Zhang, the CEO of Huobi Canada, stated to Bitcoin Magazine.Looking down the barrel of a bear market, a top exchange like Huobi, which Zhang claims is no stranger to $1 billion in daily trading volume, has had little trouble staying afloat. Excep... For Further Information Click on Below Button