/biz/ - Business & Finance

1- Miners go full BTC some hours before the BTC difficulty adjustment.

2- When its completed, Roger Ver, Jihan Wu, etc. starts selling their btc in 4-5 marketplaces at the same time. We are talking about billions going out from BTC into Bitcoin Cash.

3- Miners, that are with Jihan, switch to Bitcoin cash, hashpower adjusts up indeed, but Bitcoin cash prices also go x3-x5. Profitability stays superior in Bitcoin cash due to such price.

4- Mining a btc block gets eternal, to do the necessary blocks to make another BTC adjustment can now lengthen in time to months and months.

5- Everybody realizes it, sending out BTC now will be suicidal, so everybody sells their BTC for another coins (Mainly bitcoin cash, which makes it go even further in price and profitability for miners).

6 - Death spiral is in his prime, now can happen two things:

a) Blockstream calls their secret mining basecamps that were buried under the great lake of Plovosky (Sarcasm, but hey, maybe they probably got some mining backrest awaiting for this moment to enter in the game) and suddenly bitcoin have a lot more of hashing power. With this, only one problem is resolved, now they need to reverse the price changes and somehow return all the investments that fleed from BTC to BCC again to BTC. Maybe Bitfinex starts to fraud-issue billions of dollars from USDT-Tether, but that would play against themselves medium-term.

b) BTC is uncapable to generate hashing power and the next difficulty redjustment happens not before of 6 months. People flee from BTC completely to Bitcoin cash leaving the maximalists and the people who doesnt give a fuck about those btc that bought by 0.5$ 6 years ago.


I dont give a fuck about this battle desu, but the chances are with bitcoin cash, they played it better and both sides have to accept it.

>>3145293
THIS.

>>3132740