/biz/ - Business & Finance

Anonymous Mon Aug 21 13:47:32 2017 No.3156567 [View]
File: 56 KB, 564x289, 5454.png [View same] [iqdb] [saucenao] [google]

Jihan's plans:

Tell me why the following is wrong:

Mining BCH gets easier
Chink miners mine it and sell, driving price down
Smart people buy BCH low and accumulate
This goes on for a long time, until there are BCH/ETH trading pairs and all the other trading pairs
When the exchanges are ready for BCH to kick old senile BTC off the throne, the Chinese miners with their 70% hashing power make it happen
BCH is now Bitcoin
BCH moons
People who bought low buy lambos

What's wrong with that idea?

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