Post
Topic
Board Speculation
Re: The Rogue Wave
by
figmentofmyass
on 23/10/2019, 22:57:02 UTC
Quote from: Shelby
This is obviously based on the assumption of a SegWit donations attack at the halving event in May 2020, with the need for the price to moon before the halving so then when the price is crashed by Craig Wright dumping ~1 million BTC then the SegWit (i.e. Core) blockchain will lose most of its miners and thus slow down to perhaps 1 block found every week (instead of every 10 minutes) and with the mining difficult not to be reset (without some centralized intervention) for perhaps a year or never. The inability of the SegWit blockchain to proces transactions as the price craters will cause the price to crater even more in a spiraling into the death-of-coin abyss effect.



if nothing else, the guy is consistent.

pinning all his hopes on craig wright is a baffling decision, but maybe it'll pay off. it's a high reward bet---someone's bound to take it.

only $80k though? disappointing. my asks are all in the 6-figure range. see you on the order book, shelby. Wink