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in bitcoin •  6 years ago  (edited)

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Could it be that the 'SV' attackers were bluffing?

Miners only vote, right...?

Now let me assume that the Bitcoin Cash attackers only have about 200 supporting nodes. The businesses that depend on BCH, how would they respond to the blockchain attack by the SV-camp? And all the users who moved away from Bitcoin BTC because they did not want a company in central control? What about the Crypto traders, what do they think about the SV attack? Somehow I think Craig W. and Calvin A. managed to lose all the credentials they had build up, in just a few days.

Again irony; No illegal gambling on the Bitcoin Cash SV blockchain. This would be funny on so many levels if not so many people had lost a lot of money. Mainly because some megalomaniacs thought they could gain control over Bitcoin Cash. Craig W., one of the mutineers, already announced the next attack, for 2019, on Bitcoin BTC. And the current mutiny has not even been finished yet.

Strange timing by the way from the European Central Bank, already blaiming Bitcoin for the next economical bankers credit crisis. The coincidence being that it happens around the same time with the SV attack on the Bitcoin Cash blockchain. While the mainstream media calls it another crisis in the Cryptos realm. So, let us all say thank you to the BCH mutineers Craig W. and Calvin A., our couple of system shills.

Luck sometimes visits a fool

But it never sits down with him. The SV attackers and their little group of fellow mutineers must have felt really mighty the past few days. Craig W. threatning everybody in his usual charming way. Overconfidence can be dangerous though, especially when it gets followed by threatning a lot of other people. War, what is it good for? It might sound strange, but I actually am feeling sorry for him. He seems so bitter.

Also I saw some really awefull messages on Social Media. And I can imagine a lot of people being very pissed off about the SV orchestrated mutiny, but some statements are out off bounds. Well, I think so, even though gambling tycoon Calvin A. and professor patent Craig W. do not seem to give a shit about any damage their actions cause. Do the mining pools they own give their miners a choice, or is it another "If you do not mine SV blocks then fog off!"

Business, users and market nodes

They decide where the miners will earn enough mining fee. If the 'futures' show a win for Bitcoin Cash ABC and most businesses, users, markets nodes prefer it to be the real BCH, then it is check-mate for the SV warmongers. Their losses will be much higher, because there will be a payback moment. Yet, the hardest thing to swallow, for Craig W. especially I think, will be that they have lost the attack.

Even if they might have had enough virtual mining power, they lost because they have chosen war. It is a gamble lost for Calvin A. At some point he will pick the ABC side though, I guess, because there is money to be made. Even billionairs dislike losing a few million. And Craig W.? Well, less people will support him, no matter how brilliant he might be, he is also a bit of lose canon. People will remember, even if they forgive him this shitty putsch attempt. "Yeah sure Craig, you are going to destroy Bitcoin BTC, Litecoin and the probably the moon..."

Calling their bluff

Looking at the mining statistics does not show any improvement. ViaPool now has more that 13% of the total 3.67 EH for BCH. While the total mining for BCH has been over 5 EH the last couple of days. In the meantime Cryptos like Litecoin and Dogecoin are recovering. Doge kept working much wow as usual, fast and cheap. Maybe it will get away with part of the BCH market? Just like LTC might have a golden opportunity to make some great business deals.

Because that seems to be something the mutineers have lost out of sight, blinded by their ABC hatred. Other Cryptos are in business, are being used and getting traded. Like Steem, EOS and BTS, scaling with ease and with bleeding fast blocks. While those big blockers seem to be stuck in the stone-age, fighting each other like cavemen. Luckily the rest of Cryptos realm does evolve.

And furthermore, just let karma do her thing. Cause you know, she's the real BCH...


So far the attack seems mostly based on bluff.
Screenshot_2018-11-15-19-26-41.jpg
Screenshot taken at https://pool.viabtc.com

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I never liked how these big coins are creating forked chains and printing new money just like that. Eth classic, Bitcoin Cash, new BCH forks and how many more, all that should of never existed, it is hurting the whole crypto space, and it is borderline illegal. I never thought I would say this, but this long bear market is very much needed.

It is basicly looting value out off the 'parent' chain. Wrong example for gaining trust from more people. This whole BCH situation is bad advertisement for Cryptos.

Maybe the bear market will take care of these blockchain forking splitters.

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