Better the devil you know, huh?
Jihad is not an idiot, but can you say the same about Craig and his minions? If the latter acts like the one and starts burning his money (well, actually not his money but it doesn't matter here), what will Jihad do? You can't gain much from selling SV coins if there is no place accepting them and no price tag attached. And for the record, right now you can't sell ABC coins under whatever ticker either. Major exchanges disabled BCH deposits and withdrawals for the time being anyway. As I said, it is a matter of time until things start to escalate exponentially, and then the part which has more financial muscle (read, bitcoins) wins, if we can call that so. In other words, it is a potentially lethal engagement for Bitcoin Cash as a whole, a trap of sorts, because if one side is insane (which it is), the other is set to act as insane. In the simplest of terms, no rest for the wicked and Craig is toxic. There's no way out for these clowns, and it is a good thing for us. Let'em eat each other
Jihad is not an idiot, but can you say the same about Craig and his minions? If the latter acts like the one and starts burning his money (well, actually not his money but it doesn't matter here), what will Jihad do? You can't gain much from selling SV coins if there is no place accepting them and no price tag attached. And for the record, right now you can't sell ABC coins under whatever ticker either. Major exchanges disabled BCH deposits and withdrawals for the time being anyway. As I said, it is a matter of time until things start to escalate exponentially, and then the part which has more financial muscle (read, bitcoins) wins, if we can call that so. In other words, it is a potentially lethal engagement for Bitcoin Cash as a whole, a trap of sorts, because if one side is insane (which it is), the other is set to act as insane. In the simplest of terms, no rest for the wicked and Craig is toxic. There's no way out for these clowns, and it is a good thing for us. Let'em eat each other
Craig is a lunatic, and he may even be at a point he believes in his own lies.
Bitmain has a company to run, as I said before, heavily depending on BTC to perform well. If Bitmain for whatever reason positions itself in a situation it is forced to obtain fiat to pay bills and whatnot, they will liquidate other coins. As per their own released holdings report, they own 930,000 LTC, 300,000 DASH, and a small amount of Ether.
Tone Vays had Craig Wright in his show for an hour, where Craig said that they use BitPay as their fiat exit point to pay bills and whatnot, so another reason why he's not affecting the market personally. BitPay doesn't immediately sell their coins, just short a fraction and keeps the rest in reserve. And we don't actually know what he is cashing out, he can act like a tough boy, but he need all his Bitcoins (if he has a noteworthy amount to begin with) to pump up his shitty coin.
Tone Vays vs Craigh Wright show; https://www.youtube.com/watch?v=ACEUOCoVvmw
