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 dif iculty 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 the 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 as well, and have majority hashing power. Western companies & other merchant providers (BitPay - @Spair) etc - paid of 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 etc 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.
As you can see this is a lot to consider… and worry about if you own bitcoin!
Sounds good up until the part you say segwit is the bitcoin we all know and love.....You may be mistaken/confused sir...
This is simply FUD from a misguided believer of a technically inferior coin that got itself a security flaw (segwit).
https://steemit.com/bitcoin/@modprobe/i-looked-into-segwit-and-here-s-what-i-saw
So try some facts.
www.zerohedge.com/news/2017-06-12/exposed-real-creator-bitcoin-likely-nsa-one-world-currency
Dash and NEM For The Win!
Bitcoin is overrated
FUD that happened the way they said it would isn't FUD.
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STOPWhat's the timeline on all of this?
BCC big jump today.
Hmmm...
Bitcoin Cash is a centralized scam to make profit for miners. Roger Ver talks about decentralization and freedom etc etc and he’s delusional. BCH is completely centralized and NOT what Satoshi envisioned.
Only thing centralized in the mining and that will ALWAYS happen. The biggest players will always consolidate ina free market. And You're dissing an article that foretold the 2800 bch runup and the cancellation of S2X before it was canceled.