Craig Wright is back with his Bitcoin SV fork, and is showing strenght thus far with the amount of hashrate that is going to support the Bitcoin SV fork.
Apparently Roger Ver and Jihan Wu aren't supporting it, hence why the "hash wars" terms. With Jihan's empire against Craig Wright's 70% current hashrate it's going to be interesting.
The reason I ask about BTC price is because if Jihan wants to ensure CSW doesn't win, he may be forced to allocate BTC hashrate into this developing clusterfuck in BCash.
Will this be a non event or speculators will try to get some BTC out of it from noobs that fall into it?
When I got the notification about the impending Bitcoin cash fork, I was just wondering what they have turn the entire fork opportunity into and in a short while, that same fork would also be made to go through another fork. The point is, they have turn everything into a joke.
I am now surprise that Roger Ver is now against the fork of his promoted Bitcoin cash despite his very potent stand when it was against bitcoin last year and the reason his simple because his influence would be diluted and the argument would then change from BCH being the real bitcoin or the forked BCH is the real bitcoin. Its obvious they have lost their ideology along the way.
On its influence on bitcoin, I think bitcoin has moved on to have an independent run away from forks and counter forks that have pervaded the entire industry in the last one year.