The plan goes like this:
Chinese miners (f2pool, antpool etc etc) have organised with major exchanges (via/huobi/okcoin etc) to support and launch bitcoin cash.
Initially they will let everyone who wants to sell, sell.
Once the coin has bottomed out, and everyone who wanted to sell has sold, they [chinese miners/jihad/chinese exchanges] will begin accumulating lots and lots of bitcoin cash.
They will then begin to pump the price to around 0.1 BCC/BTC - 10%
The big pools won't mine it ~ they will let the smaller pools see the returns from mining this expensive, but low difficulty coin and start mining it.
Later, the larger pools will join, and as we know, jihad has ALOT of hashing power, their plan is for bitcoin cash to have more hashing power than bitcoin ~ and lets be honest, once t he chinese move over, that is pretty much it.
Around this time, the 'hard fork' section of segwit 2x is not going to happen ~ it never was - Bitcoin cash will then be seen as the original NYA coin..
At that point in time, Bitcoin cash will be on all major chinese exchanges, possibly some western exchanges aswell, and have majority hashing power. Western companies & other merchant providers (BitPay - @Spair) etc - paid off by bitmain etc will go along with the new bitcoin cash narrative and will push for the 'bitcoin cash' to be called 'bitcoin' on all their platforms, leaving only coinbase et all which will then be the odd ones out..
Now comes the scary part, The old bitcoin, the bitcoin we know and love, is going to get DESTROYED.
What determines a coins success ? It's market cap.
Big old school blockers and miners are going to dump bitcoin back to the bottom, they will take literally billions and billions of dollars out of bitcoin. They will use the money to fund the marketing, and development, or 'bitcoin cash' - Think, Bitcoin core - FIRED. Think - forbes article, "why bitcoin miners and companies are moving to bitcoin cash" - think - "Why the market is chosing bitcoin cash as bitcoin not bitcoin core" - They wil lsay the market has spoken, that people have voted with their money.
Right now, massive huge shorts are being built, already on finex, shorts are at 32k - not seen since $200 these kinds of numbers of shorts, and its climbing, all the t ime, consistently, they have ALOT of coins to short.
Nice theory but the BTC price has already reversed - it bottomed out around a couple hours ago - and has gone backup from $5800 up to now ~ $6300
Mean time BCC has topped out and free falling from ~$2500 back to to around $1600
Here's why the big whale plan would not work:
1). Not all BTC holders are in it for the morney and we will not sell the bitcoins now no matter what happen.
2). There are many real reasons why BTC is in the high demand - not just the stock market hype of how much money get pulled out or pumped in...it's the technologies stupid !!!
3). There are real demand for btc worldwide for what it was designed and become highly desirable today and there are real people whose want to own it - worldwide. There is along list of merchants, whose will accepts btc as the payment
4). Nobody I know of will accept bcc as a form of payment
So good luck !
You confused , you think price make the coin work.
Same mining pools make core BTC work & Bitcoin Cash coin work.
If those miners want your chain dead , all they do is quit mining it, chain freeze , coin becomes worthless and you lose everything.
They can kill coin at will, you naive to think different.
No one use core BTC to buy anything, transaction fees too high and takes too long.
