Market manipulation on an unprecedented scale Bitcoin Bitcoin Cash Showdown

in #bitcoin7 years ago

Here we are in one of the biggest market manipulations you will ever see, Bitcoin cash attempt to steal the BTC dominance will it succeed??

1/ Will it succeed, if you go by history all market manipulations end in failure period!
2/ BCH miners need to go through one hardware supplier supplied by BCH manufacturers
3/ Why, an attempt by Chinese miners to high jack control of who dominates what, the Chinese are both naive and misguided, if you look at their stock market and property market both highly manipulated. The Chinese will get burn't along with any foolish Banks that are following their lead.
4/ BTC - is organic no one controls it this is huge in the previous attempts to derail it!
5/What does it mean for segwit2x, I believe this will accelerate an emergent consensus and we could see a huge turnaround with a breakaway leaving a lot of big Chinese miners with egg on their face.
6/The future this is just another attempt to high jack Bitcoin's dominance and try to control it we will see how it plays out?
7/Conclusion, Bitcoin cash will most likely crash and Bitcoin along with some big other crypto currencies will surge, not sure which ones but keep an eye on Litecoin, Zcash and Monero to name a few, with a possible mention to Ethereum.

Hope I am right on this but you never know is the wild west of Crypto currencies.

Regards
cryptomagicman
Showdowns are boring, in the end the free market will decide!

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