There is still the aftermath to be concerned with. Mining pools, web sites etc. planning to support ABC will have to adjust to SV should ABC not be able to survive.
Correct. They will learn that hashpower rules (not developers). Luckily, BCH is still young and investors are salivating over it (increasing in price in crypto bear market).
With SV, the developers are the miners. They run the biggest mining pools. If they say SV wants to give control to miners they are saying SV wants to give control to CSW/nChain/Calvin.
Why is my name never including among the miners while I am mining on SVpool too alludes me.
because that wouldn't fit the narrative :)
Hopefully after they "gain control" they'll encourage healthy competition between pools. With a real bull market and increasing institutional adoption mining will get very competitive
They won't have a choice. Anyone can "gain control" if they are competitive enough.
Bingo! "Gain control" is a phrase used to frighten and(ironically) control you. The only way C&C win after gaining majority hashrate is by making Bitcoin amazingly good money.
Salivating? Euhm...after a short rally above $500, it is collapseing again - also against BTC. Down to 0.8 again.
FIrst when the news broke that Coinbase and Binance went with ABC the price rose 40% in a day, now that SV looks like the hash winner the price is dropping like a rock.
That’s ok, remember I’m a hoarder. I love hoarding me a bunch of BCH. So addictive!
You’re looking at BCH. I’m looking at BCHSV futures
Uh huh...$200 for and $300 for ABC. But yes, SV seems to gain some steam, however it has gain up to $500 at least in order to not have decreased value for BCH after fork.
