/biz/ - Business & Finance

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Anonymous Fri May 18 10:34:46 2018 No.9498719 [Reply] [Original]

its simple, instead of dumping it for cash, he can transfer all the BTC to multiple exchanges, swap them at BCH/BTC, crash BTC price while increasing BCH price. This way, there won't be a market crash, instead, only BTC crashes while BCH goes inversely up, riding on the ratio change.

Based on the amount that Jihan and Roger has, the amount they both hold should be sufficient to crash the entire BTC and suck dry BCH supply in exchanges around the world. The market will not be able to absorb that many BTC at the price of 9k, but with 10:1 ratio, BCH supply will dry up quickly, leading to a flippening. This is compounded by the fact that BTC will not be able to recover hashrate when BCH immediately pumps up. with 50:50 miners mining at the BCH pump, BTC transactions will open the floodgate at 1MB and all hell will break loose. We will see 300MB mempool once again where people are bailing out, running to exchanges to sell off before it goes to 0. Not even lightening can save them, remember, lightening is only a tab recording system that shows you how much you owe or how much you are owed. You need to close channels in order for btc to be transacted on chain and finalized. With 300mb, your channel will take forever to close.

Now you ask, why 5 years? Well, the purpose bitcoin exist was to flip the banks, create a true peer-to-peer currency without intermediary. Once the banks come in, hold on to useless btc shit, thats where you want to flip it. Dont flip when they have 0.01% stake in BTC, you maximize damage by crashing it when they hold 10 - 15% in BTC. Then proceed to throw all your hashrate behind the newly pumped BCH. Other miners will follow soon, this is the economic incentive that was designed by Satoshi in Bitcoin's whitepaper. This is how you maximize damage, this is how you use human greed against greedy centralize bankers and blockstream scammers, this is how you educate greedy BTC core shills and BTC trolls.

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