Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Going back to the network spam clearing up.
So going theoretical here Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash. The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative. At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention. This seemed pretty effective at the time. Keep in mind this all occurred during arguably record high entrance to the market by newcomers.
After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions. This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times. I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions. The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).
I attributed the Ripple boom to the Western Union/Ripple rumours.So going theoretical here Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash. The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative. At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention. This seemed pretty effective at the time. Keep in mind this all occurred during arguably record high entrance to the market by newcomers.
After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions. This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times. I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions. The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).
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There is little benefit to spamming the network now as many others on here have theorized. Not to mention how costly it must have been to spam the network
That money would be better spent say
pumping bcash again to gain interest in a market where Bitcoin is moving sideways and becoming boring. You heard it here first
bcash pump inbound.
Spam or not, they did spend quite some cash pumping bcash anyway. The number of emply or nearly-empty blocks mined by Bitmain and related pools is strong circumstantial evidence. Your thesis (as to the innocence of the Bcash Gang) remains far from compelling.A Ripple pump may happen of course - it's all cyclical. But that wouldn't support the Bcash innocence hypothesis, would it?
Let me clarify my position. I'm not saying the bcash gang is innocent. I tried to state my point while being vague and without being direct which is a communication error on my side. I believe the bcash gang AT LEAST shares the responsibility for the spam on Bitcoin and the pumps on BCASH.
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EDIT: I see Torque beat me to it. I think his reply is worthy of consideration. But don't listen to me too much - I'm afraid he's winning me to the tinfoil club, one roll at a time. 
I can buy into this. This theory would remove some of the responsibility from the bcash gang and place it on heavier hands. I mean... if we are going "tin foil hat" we might as well go full tin foil hat.