Quote from: 1Referee on June 23, 2019, 10:58:10 PM

Quote from: 5ensei on June 23, 2019, 09:29:19 AM

I wonder is Jihan Wu will be involved with all of his great ideas Cheesy

perhaps they will decide to support another fork and split bitcoin sv into another version of a useless shitcoin. It would be easier if they just expanded into a more liberal place like paraguay

Bitmain doesn't support SV. They support BCash and holds +1 million coins in their reserve. It's impossible to liquidate these holdings at a fair price to later on drop support. It would take years if they want to get the most value out of their coins because of the poor liquidity. The liquidity is so poor that whatever Bitmain, ViaBTC and BTC.TOP end up mining, the coins are kept off the market. They use their Bitcoin to cover expenses.

I think they will just try to keep the 5% ratio and hope that people buy miners to mine this trash. More large SHA256 networks means more demand for their hardware. Smart business move on that front.

Are you sure about this? I just checked coinmarketcap, and they are saying that the 24-hour trade volume for Bitcoin Cash is somewhere around $2 billion, which happens to be at least four times higher than the net worth of their one million BCH coins. I agree that dumping all those coins at once may be a very bad idea. But it is possible that they could sell at least 25-30K coins per day and complete the process within one month without crashing the exchange rate for BCH?