Bitcoin Cash manipulation & mudfight... Is the storm over?
As I am a huge fan of cryptocurrencies I don't understand why people are even interested in Bitcoin Cash. Lets stick to the facts and summarize them about Bitcoin Cash:
- They deliberately forked from BTC even though there was a "speed" solution with Segwit
- Roger Ver & Co are constantly trashing Bitcoin (BTC) If you really care about the ideology of blockchain technology you wouldn't talk that bad about your mother coin like this.
- They say they want a better Bitcoin, but yet it's only those who own a lot of Bitcoin before the fork got FREE (Bitcoin) cash (and guess who owned a lot before the fork, YESS; the decision makers to fork).
- If the team would be so truly honest for a better world where crypto would play a large role, why not go ahead and created a complete new coin with all the "great benefits" included as they like.
- Market manipulation to it's fullest (see below chart) its crystal clear what happened last weekend.
So if you ask me, I am done with Bitcoin Cash and their pump & dumps by spreading FUD over Bitcoin (Cash), but then again, if you really went ahead and put your portfolio on Bitcoin Cash after this ridiculous price pump... you're responsible for your own actions!
Yours Truly,
CryptoPaul
My opinion is that they wanted to make quick buck out of BitCoin Cash so they would reinvest it in BitCoin, tbh.
I mean, I'm all in for the advancement of the blockchain but this kind of market manipulation is not the way to do it. The global market cap lost 20B$ while they had this mud fight.
could not agree more!!