completely centralized and subject to permissioning, censorship, transaction reversal, astronomical increases in fees, and is 100% tracked and traced. The Ryan X Charles will come on
with his "startup geek" spiel, followed by Jimmy's NLP-music-backed cheesy boilerplate motivational speech. I figure they could pump the price as high as maybe 0.6 BCH or 0.02 BTC.
The good news is, Calvin is basically forced into buying up SV bags throughout the conference anytime the price starts to sag. Probably a dip for the next day or two, then he'll be
eating 10k-100k of those SV coins at whatever price they're trying to sustain. Of course a dump will likely happen after the end of the conference. We could also see Bitmain or another
whale drop a giant turd on the SV markets as a payback for the last 2 weeks of malicious SV mining. This is likely why the exchanges backing SV are not enabling SV deposits, if Binance
, Poloniex, and Bitfinex can hold the SV price up artifically (they have a huge percentage of the SV trading volume and nobody can get more supply in), then sellers on the other
exchanges can't dump SV price down too low. And Craig can just create a few million worth of wash trades on any of those exchanges with ease."
