Post
Topic
Board Speculation
Re: CSW's "hash wars" impact on BTC price?
by
cellard
on 23/11/2018, 15:52:05 UTC
...
It showed that users mattered in Bitcoin during the proposed 2X hard fork by signers of NYA which had the biggest mechants and, I believe, by the people who controlled more than 50% of the hashing power. Bitcoin Cash does not have that philosophy.

the biggest thing that the 2x shenanigans proved was that everyone who is involved in bitcoin (users, nodes, miners, businesses,...) care too much about bitcoin and they don't want to destroy it by splitting it into two because of some nonsense argument, and ruin it forever.

in comparison you can see nobody cares about BCash so they easily split it into two and ruin it even more that it already is.
What I even loved more about the whole thing is the fact that the punk himself, which in this case referring to Roger, had a taste of his own medicine and that is something I was actually hoping will end up happening right from time and getting him even more screwed.

Sometimes, I keep asking how long he is going to keep fooling around before realizing he does not even have a chance. Like you said, BCH became practically dead to me right from the onset, and no matter how hard Roger tried to pump it to make it gain relevance, that only put it more in the shitcoin category. Even as it is now, it is pretty much overvalued. It should be less than 0.00000001 usd.

Although, I believe Roger Ver has been getting an unfair amount of hate. His heart is in the right place, and we should never forget what he has done for Bitcoin.

But he did it to himself by spreading FUD and by promoting "Bitcoin Cash is Bitcoin", which by social consensus, isn't. He can argue that "Bitcoin Cash is also Bitcoin" though. Haha. Cool


At some point you have to put things on a balance and start questioning: Has Roger Ver done more bad than good at bitcoin after all of this?

He has caused a lot of losses directly or indirectly. By tricking people via bitcoin dot com that they were using Bitcoin but they were using BCash. By redirecting hashrate contracted via cloud mining on his pool into Bcash-ABC for the hashwars, and as a result, causing loses to Bitcoin loses as the price went down most likely helped by decrease of hashrate and dumping of coins to support his mining operation.

This compared to just talking about Bitcoin like he did early on, looks like he's doing more damage than good to me.