>be this guy >close to 50 percent btc hashrate >hold multi billion dollar ipo >switch entire hashrate from btc to bch >convince investors that bch is the future as btc network gets dicked >use new funds to pump and dump bch
you're not wrong. now he wont even get blamed much for flippening bch, he has a legal fiduciary duty to his shareholders to pump bch
Michael King
Isn't BCH just doing buybacks?
On a more serious note, what would actually happen to BTC mining profitability, hashrate, and network if Jihan went bankrupt and had to close his business?
Camden Jones
You smart white boi
Asher Hill
>spend all my money on shitcoin >cant sell ruh roh
Jose Powell
Fuck your mother if you want fuck!
Parker Walker
The flip is coming. That guy is going to fuck BTC raw dog with his huge chinese cock
ITT: corecucks actually scared that the flippening will happen, trying to convince one another that it won’t
David Cox
this chink is insolvent and is desperately trying to raise money via ipo. dyor dumbass
Hudson Parker
It's impossible for him to do this anymore, too many other miners now. 12 months ago he had a near monopoly on mining ASICs, now his next gen chips failed in production tests and other already have 12nm and 7nm in production. He's utterly fucked, at best an unexpected bullmarket saves him or investors are really dumb. Even if he pulls through it sounds like bitmain doesn't have much in the way of semiconductor design talent, it's unlikely he can survive in a market with much competition.
Isaiah Davis
Good I hate that ugly chink
Jaxon Kelly
That shit is done
Dominic Carter
Literally this
Xavier Brown
Heard this one before.
Asher Miller
>chinkfuck wu switches hashpower to shitcoin trash >other miners pick up the slack on BTC network
How fucking new are you fucking kids
John Thompson
The shilling by core advocates has been immeasurable since samson shared the ipo doc on bitmains decision to sell their (((btc))) for bch, satoshi’s vision.
what do you mean by "pick up the slack"? It's not like people have thousands of ASICs stashed away, waiting for Bitmain to switch over. The hashrate will drop massively when that happens, and those are gonna be some slooooow ass blocks to reach the difficulty readjustment.
Blake Foster
I hate this bucktoothed chink cunt.
Cameron Rodriguez
the main question is why the fuck he didn't just flip hashpower right away, i think he's retarded and playing checkers but people mistake it for 20D starcraft chess kek
Jaxson Baker
His equipment would be auctioned off and reused. It might fuck up the difficulty for sometime though.
Isaac Murphy
Do you even understand how mining works you fucking mong?
Jackson Young
>saying dyor when all you did was read some bullshit on twitter
Brody Bailey
>the main question is why the fuck he didn't just flip hashpower right away, i think he's retarded and playing checkers but people mistake it for 20D starcraft chess kek He did once in august then again in september 2017. He came really close in september, the BTC chain was basically stalled, wash trading on korean exchanges sent bcash above 2k and BTC dumped to 5k. When it didn't work he sperged out on twitter complaining slushpool wouldn't stop mining BTC.
Landon Watson
Holy fuck you retards kept saying he would cause death spiral when unconfirmed txs were high are wrong!! Hes going to do it when there are little to no txs coming soon!! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Benjamin Wood
do you think that the people mining BTC will pedal their GPUs 50% faster when Wu switches his ASICs over or what?
>Made 7 blockstreams worth of profit in Q1 >Insolvent Corekeks are in legit panic mode, kek. They know that: >1M is just the company BCH >Jihan has another 1M >Roger has around 2M >Calvin has another 1M >Haipo Yang has at least 700k All the MOVED BCH in existence are 8.5M. Exclude the stacks above and make the math... There's literally NO FLOAT. Next to no BCH on the market! Any of these people can put 5% of their net worth and cause a flippening. But I guess they're sick of doing things sub-optimally (like buying BCH @ 0.2BTC, that was dumb). And since this bear market is going nowhere, they'll use it to stack on even more...
I got this 8 meg block size biiiiitch Hard fork in yo ass Gon make me so fucking riiiich And if ya cayunt undastayund the siiiitch I got these blocksteams biyatches makin tha swiiitch
Lucas Richardson
>Chinese cashies More like broke-ass Greek core trolls. Should have censored the username, unfortunately for you we can now check who posted this garbage
Jacob Wilson
>broke-ass Greek core trolls Post your bcash wallet you fucking pageet lol
>32 year old >former private equity fund manager >founded multibillion dollar extrememly advanced tech shit
How can someone be so fucking smart guys. It's so unfair.
Bentley Morales
One year later, this punchable face starts circulating again. Nothing has changed.
Jackson Cooper
>Caught in a lie >Proceed to change subject and troll Careful Zorbas, you're lucky I'm a good guy. Someone else could have taken advantage of you forgetting to buy whois protection for your lame Greek bitcoin site
Michael Green
Quit cross posting your plebbit shit here. Kys faggot
Justin Young
What if I went all in on Bcash I’d feel scared though
Henry Jackson
>33 >under investigation for fraud >files bankruptcy >has to pay off investors >all funds confiscated and not safu
Logan Nguyen
Post your hand
Bentley Cooper
>wanting to see how much bitcoin cash I own Nice try, CIA.
Adrian Nelson
This guy started with nothing is now a self made billionaire and owns the largest mining company in the world. That's Elon Musk and Bezos type power. Betting against Bitmain will be the ultimate BTFO for those who just can't see the obvious.
Cameron Morris
U forgot one important detail. Jihan will setup shorts right before attack. He will become even more rich. All miners chase profit and they will switch if btc is unprofitable
Connor Brooks
>BiTCoin gaining strength every fucking day >ALTS bleeding the fuck out... bcash among them >Cashies scared as fuck >another cashie cultist flippening conspiracy thread last time it was 1000+ threads of >flippening on the 15th of may because reasons >flippening on the 15th of may because reasons >flippening on the 15th of may because reasons >flippening on the 15th of may because reasons JUST >end in sight or btrash >cashie suicides pending JUST U S T
Ryder Robinson
idiots betting on this chink don't realize his competitors are already making far more efficient asic miners.
bch faggots delluded in thinking bitmain is the only miner that matters to btc.
bfto faggots
Xavier Hill
Fuck i cant wait until school starts back. Way too many zoomers on here.