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10673188 No.10673188 [Reply] [Original]

Big, big problems with BCH, this coin is about to die on the news that has come out this week.

https://medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3

tldr it was all a crazy bitmain scam to try and take control of potentially at least 1/21 of the worlds money supply (assuming the flippening ever happened and then hyperbitcoinization), bitmain sold nearly their entire btc stack for BCH, never sold any of their mined BCH or even the BCH they took as payment for antminers (until recently to try and stem the bleeding), and spent even more on the handful of pumps up to 0.25 and propping up the 0.1 peg for over a year, now its all completely unravelling in the current bear market and theyre basically stuck with the biggest bags in crypto history, and the IPO is essentially attempting a bailout. It was all a fucking scam that makes ho bitconnect went down look like childs play and i feel sorry for folk who bought into BCH thinking it really was going to flip BTC. Goddamn.

>> No.10673210

Yeah, sure.
BCH is going to die for 10000000000000th time.

>> No.10673229

>>10673188
I wouldnt write it off just yet, what they announced in Aug 11th is a very promising project.

>> No.10673235

>>10673188
lol if you think this medium article moved the market

stupid faggot

>> No.10673234

>>10673210
this

there will always be stupid people buying trash

>> No.10673262

this potentially means a BTC pump as they sell.

or BTC dies too on this news.

>> No.10673275

Don't care what bitmain does. BCH will succeed based on adoption

>> No.10673506

Read the fuckin article, read Bitmains own IPO investor deck even. They *are* the BCH market, they have been from day 1, and theyre in a heap of trouble, if Bitmain goes down BCH is going with it and right now, barring some kind of magical super BTC bull market out of nowhere to bail them out (when the decade+ pattern thus far has been 2+yr bear markets followed by a bullrun, and we are just getting into a bear cycle now), there doesnt seem to be a way out of this for them. Even their next gen miners have failed prototyping several times costing them fuckin tens of millions while their competitors get new and more efficient products out.

This is a big deal, if Bitmain goes down this will be the Enron of crypto.....everyone assumed they had a billion dollar plus BTC warchest......but they sold it all for BCH.

>> No.10673576

>>10673188
bcash is reddit shit, we all knew that.

>> No.10673598

>>10673506

So BTC pumps slitely by desperate cashies abandoning ship. Anything to reduce the supply im fine with

>> No.10673616

For the fastest coin sure takes a long time for me to get this shit to binance.

>> No.10673639

>>10673210
>>10673235
>>10673275
cope

>> No.10673648

>This will be the end of bcash

>> No.10673690

>>10673188
bitmain is all in on bch you retards

>> No.10673749

What I'm curious to know is how big Rogers bags are and who scammed who, did Jihan push Roger to support bcash in exchange for something or did Roger talk Jihan into making bcash.

>> No.10673778

>>10673690
They're also all in on defective 12nm and 7nm wafers apparently. Is that bullish for deffective wafers?

>> No.10673876

>>10673749

Ver was hocking s2x before and when that failed he went all in on bch.

Besides ver just doesnt seem smart enough by far to have been a senior partner in any of this.

>> No.10673933

>>10673210
It's existed for less than a year.
Whatever. I hope you're selling that Bcash as soon as you get paid, wouldn't want to be holding my shill wages in useless bags.

>> No.10673966

>>10673749
>>10673876
I really think CSW scammed them both into believing he really is Satoshi.
The needless recklessness makes no sense otherwise.

>> No.10673999

Jihan and Satoshi could cause the flippening by themselves but for now they rather let it happen by itself

>> No.10674015

>>10673999


how could Jihan flip? when he has only 20k btc and 1 MILLION BCASH?

>> No.10674027

>>10673999
Jihan has 20k BTC. There are random autistic neets holding more.
He can't flip shit.
Obviously Satoshi could, it's a good thing he's dead!

>> No.10674034

>>10674015
>how could Jihan flip?
turn off all hashpower on btc chain, no blocks found, all transactions stop

>> No.10674039

>>10673966

I think you might be right.

Ver is probably dazzled by csw's strongman act because thats the kind of shit he responds to on a psychological level. No idea how he managed to trick jihan though, jihan is a smart and ruthless asain businessman by most accounts. I think he might have realised his mistake by now though, jihan and csw dont really seem to be talking anymore.

>> No.10674171
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10674171

>>10674034
>turn off all hashpower on btc chain, no blocks found, all transactions stop

>> No.10674232

>>10674034
he cunt be serious

>> No.10674308

>>10673262
>or BTC dies too on this news.

bigger forces than bitmain are in BTC. it wont die

>> No.10674334

>>10674308
But the TA charts lol

>> No.10674348

>>10674034
Got to love cashies, lmao.

>> No.10674357

>>10674039
>No idea how he managed to trick jihan though, jihan is a smart and ruthless asain businessman by most accounts.

both thought they were tricking each other

>> No.10674405

>>10674039
We are the only ones being tricked in this scenario. Believe nothing that you see and half of what you hear.

>> No.10674443

What makes you think Jihan is exposing his whole hand here, he could easily have twice as many core coins stashed away

>> No.10674543

>>10674443
He's going to bankrupt bitmain just so he can cause the flipenning when core cucks least expect it!

>> No.10674566

>>10674034
>turn off all hashpower on btc chain, no blocks found, all transactions stop
And this somehow magically causes people to suddenly want nothing more in life other than a shitty chinkcoin. The absolute state of deluded cashies.

>> No.10674586

>>10673188
>and the IPO is essentially attempting a bailout.

can you elaborate on that part?

>> No.10674680

>>10674586
jihan has to sell shares of his company because he doesnt want to sell his bcash bags

>> No.10674719

>>10674443
This. Jihan knew what people would say and think when he released ipo documents. He must have btc hidden away somewhere. He doesnt strike me as dumb enough to believe dragonslayer threads and actually dump his btc.

>> No.10674731

>>10674719
also, remember he is aligned with Dr. Craig's bitcoin address that have been untouched since 2009

>> No.10674790

>>10674731
Craig isnt fuckin satoshi lmao.

and as far as anyone knows the only thing he is actually a 'doctor' in is Theology.

>> No.10674797

>>10673262
No this only re-affirms to core supporters that BTC = BTC, and it gives a very nice illustration what happens when someone tries to fork.

Dam lol @ Craig W

>> No.10674824

The funny fat fuck had to say something in this regard too.

https://youtu.be/EQhX1CCcwxo

>> No.10674860

>>10674824
wtf is that guy wearing
>that shirt
>that necklace
>rosey red cheeks
is this guy gay or just autistic?

>> No.10674904

>>10674860

both

>> No.10675034
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10675034

Kek look at all the fear mongering corecucks posting absolute nonsense. No matter how bearish the market becomes, Bitcoin Cash will remain the real Bitcoin and as such it will not die.

You dumbcunts should be using this as an opportunity to buy your BCH back before the price jumps back up and beyond the highs of early this year. Instead you dopey cunts are still whining about the real Bitcoin existing, amazing.

>> No.10675113

Shits about to go down we will get to see just how strong the lightning network tokens are

>> No.10675127

>>10674680
Can't sell. He wants to.

>> No.10675222

>>10675113

>LN tokens

this doesnt exist.

>> No.10675345

>>10675034
It's more likely it's going to 0 at this point, who wants to buy BCH when Jihan is about to go bankrupt and holds over 1 Million BCH?

>> No.10675902

>>10674034
eventually difficulty will adjust (it will be hard time before it does) and jihan loses everything