Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 07/11/2017, 12:00:08 UTC
https://medium.com/@jimmysong/segwit2x-game-theory-scenarios-part-1-7f863904a72
Jimmy gives a balanced-ish view

My tl;dr - scammers Mike Belshe, Brian Armstrong and Barry Silbert are gonna need a bigger float.

There is no way that this round of attacks has enough dollars or secret, reserved hashpower behind it.



I'm not looking forward to this. Without a surefire plan to capitalize on these fork coins, short term seems doomish.


I myself never time this stuff correctly, I just HODL

I think there will be FUD and a 1/3 correction, like other waves in BTC's past, this due to the Segwit2x+2mb attempted fork...it will likely survive as an ALT.....muddy'ing the waters with 3 now flavors of BTC claiming they are "the one"

thus usual....pump it up....then pump up the FUD ..drive it down and buy at the bottom

So will let the present hoard ride..since 2013 onward, .and if I am (unfortunately correct about the above) buy when it dumps 1/3 in price, as it has in the past before the next "go around"

to yet another future All-Time High...

rinse/wash/repeat

(how the btc whales splash in the crypto ocean..pump/fud/buy)