Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
becoin
on 23/07/2017, 09:05:37 UTC
If viabtc begins trading ABC (http://bitcoinist.com/viabtc-begins-trading-bitcoin-cash-bcc-for-chinese-yuan-cny-in-anticipation-of-uahf/) does this mean that there will be HF chain split at 1 Aug? In that case, the drop of price will continue indefinitely and Jihan Wu will curse the day he made that shit  Huh


I think everyone should take a sigh of relief, the big blockers are going to fork off and effectively create their own altcoin.
This gives the possibility of an amicable divorce.
The markets can decide the outcome and the petty fighting and trolling can reduce.

Plus, a successful fork to BitcoinCash means that 2x part of Segwit2x has less likelihood of being supported and causing another more damaging fork in November.

Of course, the sooner big blockers get their own stupid coin the better whatever the name. I suspect though they will only play the threat and never actually fork off, thus profiting from price movements which they think they can control. Good news is that process is already triggered and now they can't indefinitely postpone the final outcome of this multifaceted game.