You know I cam to the thought that this is all a big coordinated attempt to flip Bitcoin cash to mean Bitcoin. Here's the logic
1: highly dramatic public fork (use this as an excuse to ignite price crash)
2: Show on fork that it's obviously technically worse
3: Fuck with hashrate
4: Dump coins at every barrier
5: When Bitcoin is low enough manipulate BCash selected fork on exchanges (buy all sell orders, pump it)
6: Have Bcash price artificially greater than Bitcoin
7: Bitmain moves all hashrate to Bcash
This would make everyone involved tons of money and give them power.
Am I fucking Looney or is this an orchistrated fucking attack
Yes, you are looney. In reality, when the price was $200-1000, there was spoofing, fake walls, and all kinds of shit on the sell side all the time. From $1000-20,000, all the spoofing, fake walls, and everything else is on the buy side trying to prop up the price. Even right now it's still like that, way more effort being spent trying to artificially prop the price up by a few monopolists that own tons of imaginary, valueless tokens. The market does not care whatsoever or even acknowledge the existence of the scammer known as Craig Wright. The price was simply rigged into an artificial bubble and is impossible to stay there forever.
