I'm not kidding when I say, this squeeze could hit $3000+. 100k in shorts but theres only 27k sell orders on the books....... Guess I'm pulling an all nighter!!
https://www.tradingview.com/x/JRP1qsmz
It's always interesting to me how people project their ideals and preconceived beliefs onto Bitcoin. So called influencers are going to be real sad when it doesn't fulfill their ideological worldview.
Prediction: Coming Nov 15th, Jihan and ABC will mine empty blocks, replay and reorg attack SV chain with more than 51% attack. And their supporters will cheer Jihan as the savior.
Lol, well, I'm looking forward to how they rationalize when Jihan do attack SV. Hahaha.
Oh they've already rationalized it. That's how you can tell it's astroturfing - glaring double standards(not to mention the robotic, repetitive talking points)
To people saying CSW is unethical for doing attacks, IF Jihan switch over hashes from NYC and replay attacked and reorg SV, will you call him unetical?
Because that's what Jihan will be doing.
To people saying CSW is unethical for doing attacks, IF Jihan switch over hashes from NYC and replay attacked and reorg SV, will you call him unetical?
Based on this fact, and the fact that CSW knew how to play the game of Bitcoin better, I would place my bets on CSW on the upcoming hash battle. (Note that CSW can kiss my ass)
What irks me is Jihan/Haipo are not even putting up a fight at all. They are absolutely terrified of being judged by the markets but they should show they are the stewards of Bitcoin
What irks me is Jihan/Haipo are not even putting up a fight at all. They are absolutely terrified of being judged by the markets but they should show they are the stewards of Bitcoin
Well, if thats a bad decision (which I think it is), Bitcoin as a system will be making them pay for that. Mining is a Red Queens Game, you slow down, you lose.
Yup. they need ~67% of current BCH hash rate though - the bar has been raised. miners need to consider this stuff, they can no longer sit and just passively try to make money
Exactly, passive miners (and misleader revs) will be pushed out of the game. Overall, this hashwar is a wake up call and a net positive for the system.
Any rational ABC supporter SHOULD really be preparing how to double spend and reorg SV chain. But alas, most can't fathom this. "Attacks are unethical and immoral!"
Lol. Just continue your PoSM and get rekt on 15th.
Yup. they need ~67% of current BCH hash rate though - the bar has been raised. miners need to consider this stuff, they can no longer sit and just passively try to make money
The using same logic Bitcoin Cash was attack on Bitcoin?
The truth is, if you're deploying hashing power pointed at a certain implementation you're merely voting. With no replay-protection it's a winner take all election.
The using same logic Bitcoin Cash was attack on Bitcoin?
The ppl who scream "he's trying to take control!" don't know how Bitcoin works. For it to be an "attack" CSW has to be willing to lose everything. If he's king and he sucks - bye bye!