I love that BCH is having that total self-destruction pump.…

Twetch ·

I love that BCH is having that total self-destruction pump. It makes so much sense since the intrinsic value of Bitcoin Cash has inarguably gone up recently.

For more analysis, follow me on Twetch and pay me.

Replies

Twetch ·

/pay @292 $5 ok do tell BUT DONT POST IT TO TWITTER FOR THE COMMUNISTS

Twetch ·

People think that splits are like dividends so they bid up splitting coins!

Twetch ·

Thank you! So, @24 summed it up sufficiently, but all the vipers see this as an opportunity to get "free coins" while they ignore the destruction of any network effect that they had achieved with their beloved brick-&-mortar merchants who will suffer.

Twetch ·

So while paying lip service to nothing mattering more than the merchant use "as cash," they are allowing (yet again) a protocol fight over Amaury's pension fund. The speculators see it as an opportunity to hold the bitcoin super position (all forks), but..

Twetch ·

...to my knowledge it has never been a good, financially, to hold all forks. Rather, the most valuable thing to do it trade the pump. Maybe even margin short the run up on the forked chains - which I may do.

Twetch ·

👍 i was thinking to do the same too.

from my observation bch "community" is a shadow of its former self like from 2018 in size.
whatever it is they doing is probably the end of that experiment.

just as unwriter predicted

Twetch ·

It's good if you want to be agnostic.