/biz/ - Business & Finance

Is tonight the night? Looks like all of China/Korea just decided to go long on BCH.

>>4489084
From what I understand, the plan is:

>miners stick with btc and keep the hashrate high
>difficulty adjusts and is locked in
>miners switch to bch
>btc is now completely unusable because no blocks can be mined due to lack of hash power and high difficulty
>bch has automatic difficulty adjustment so this can't happen inversely
I don't know if this is actually going to happen, but if you want to kill Bitcoin Core, that's exactly how you do it.

I fucking told you guys it was gonna be XVG for the privacy coin pick. You didn't listen. You'll listen when it's at 600 sats in a week.

I know it's just RUMINT at this point, but what does /biz/ think the actual odds are? What will this do to the price?

>>4022909
>>4022805
Why do you people always doubt me?

Floor is 3.8k sats. I know because I put it there.

>>4021154
>my link is trapped in binance
>all 137k
Anons, please tell me this is but an elaborate ruse.

Please.

Please tell me it's a joke.

>>3048546
No doubt they're using their gains to float their operations too. This doesn't end well if NEO crashes, which means exchanges like bittrex have a vested interest in it not crashing, which probably increases the chance that it crashes.

>inb4 people who didn't know that exchanges use their users' coin to float their operations
>inb4 people who don't know what floating is