BITCOIN CASH A CENTRALIZED SCAM COIN:DON'T INVEST
Bitcoin Cash is the biggest pump n dump shitcoin ever: A tale of miner collusion, corruption and market manipulation. 51% attack likely.
The intention of this article is not to spread FUD but investors should be aware that Bitcoin Cash is doomed to fail. It is a ticking time bomb which will make Bitconnect look like a water balloon when this blows up .
Bitcoin Cash is a centralized scheme being probably being manipulated by Bitmain who could easily perform a 51% attack on the network. The question is not if but when. At the launch of Bitcoin Cash, a single miner was in control of 97% of the network. It could only really have been Bitmain. This is worrying since they have generated an enourmous amount of wealth. Bitcoin can no longer really be considered decentralised. Bitcoin Cash mining dynamic mining difficulty means that the less miners mining the coin, the easier it gets to mine. Bitmain have the power to easily manipulate the difficulty and cash in.
On top of that, Coinbase appears to be in on the Bitcoin Cash Scam. Their pump n dump was so obvious. They will be up in court for insider trading in the next few weeks. I doubt anyone will go to prison. I imagine they will just pay a massive fine which is actually not a lot of money to coinbase and almost certainly less than they made off their pump n dump. It was no coincidence that Coinbase's other trade exchange was under a DDOS attack while coinbase stopped trading. How convenient for coinbase that no one could cash out of GDAX while coinbase halted trading. Coin Base should find those hackers behind the DDOS attack and buy them a drink.
I call for the crypto community to boycotte both Bitcoin Cash and Coinbase.
Let's take back the cryptoshphere
https://themerkle.com/coinbase-faces-new-lawsuit-over-alleged-bitcoin-cash-insider-trading/
https://thenextweb.com/hardfork/2018/01/04/reddit-bitcoin-cash-stolen-hack/
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