Maybe, since Segwit2x is a no go, they can get Barry at DCG to hop on board. Doesn't he need to buy up some BCH anyway by January 1, 2018 to compensate his Coinbase customers?
Shouldnt the coinbase customers have their BCH from the august 1st HF snapshot? At least they should as long as CB didnt pull anything shady, which i have no reason to believe they did. I dont think CB would compromise their cash cow with something as stupid as stealing customer funds. thoughts?
All CB BCH funds are safe and no they didn't just sell it's just nonsense speculation
It is used by the BCH team to give them a reason to everyone to buy now before CB has to buy all the BCH back that they already own before it's released to all the customers in January with the risk of being sold for more BTC and causing a BCH crash
Wait, but that doesnt make any sense. CB doesnt need to "buy" BCH for anyone. all of the coins that were stored on CB will have their HF'd coins redeemable as soon as CB gives individuals their private keys.
In theory this event has no chance to pump the BCH price, but creates a risk of all coins being dumped when they are given to their rightful owners.
Why would this event have any positive impact on BCH price? Perhaps just giving more individuals a stake in the BCH blockchain? Im not understanding how this event will work out favorably for us (bch hodlers).