Post
Topic
Board Speculation
Re: CSW's "hash wars" impact on BTC price?
by
Wind_FURY
on 15/11/2018, 07:21:44 UTC
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.

This is funny. Bitcoin Cash is a parody of itself. Roger Ver and the Bitcoin Cash community said that, nodes do not matter, and the miners decide. Well the miners have decided. Bitcoin SV will be the real Bitcoin Cash! Hahahaha.

What now? Will they say that non-mining nodes matter, and that users should decide? Or that Bitcoin SV is an attack? Cool

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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.

Good, more opportunity for honest Bitcoin miners.

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Will this be a non event or speculators will try to get some BTC out of it from noobs that fall into it?

Bitcoin does not care. Cool

Yes, that is exactly what they are saying. On /r/btc there's a bunch of people complaining about Craig Wright's hashrate, they are claiming that miners do not matter if the rest of the community don't follow them. Just a couple of months ago during the SegWit2x nonsense, they were saying how miners were showing their strength by having  like, what was it, something really high I forgot, maybe 80% of hashrate was showing intention of SegWit2x support... the tides have turned, now they are suffering from a hashrate troll.

Plus Roger Ver might use the "hash war" to be his convenient exit from Bitcoin Cash, and come back to Bitcoin. We should open a poll, "will you welcome Roger Ver back with open arms?". Haha.

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CSW claims he will take BTC next year when he kills BCash and his SV fork takes over. He also said in 2019 "LTC will die" as well as other PoW coins. I don't know about weak alktcoins but him taking over BTC is obviously nonsense.

It will work on newbies today, but memefied tomorrow. Cool