We have had this hole "move your coins off the exchanges" promotion / advertisement, and people here claimed that it would increase the price because exchanges are "secretly shorting BCH".
Can you finally admit that it was bullshit?
The price hasn't gone up, if anything, it's gone even further down
Posted Dec 26, 2021, 8:16 AM UTC
Tbh i doubt anyone listened lol
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But don't you understand that as a counteraction to this, bad actors increased there shorting? /s
Guys the price isn't moving up because the "whales" are shorting it. /s
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no, we can´t, some blocks get mined to back other chains
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1.) Usdt controls the market
2.) anti-bch sha256 miners have the most bch
3.) most exchanges are pro-btc / anti-bch and they operate on fractional reserve
4.) having posts on r/btc calling for withdrawing from these corrupt markets probably does dogshit in reality when 99% of the users are involved with speculative trading
yeah right, its all totally a conspiracy, lmao.
It couldn't possible be that people just dont care about bitcoin cash, just like they dont care as much about litecoin or monero, even though they are objectively better and cheaper to use.
But no, its all a big conspiracy theory, everyone is shorting ltc, bch and monero, lmao.
Have you ever heard of Occam's razor?
Reading comprehension is not you strength it seems…
See:
99% of the users are involved with speculative trading
If power players boosted monero or bch then your average retard would be all over them instead of the btc, eth or other shit and scamcoins.
In reality, a batshit crazy conspiracy theory is that it’s just a coincidence that the 2 most useful and functional networks are suppressed.
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99% of the users are involved with speculative trading
Right, which demonstrates my point: People dont give a shit about bch, litecoin or monero, simply because they are bitcoin clones with a bit of different functionality. The biggest upgrade here is monero, but people dont give a shit about privacy, unfortunate but true.
See? no conspiracy, you explained the low price yourself: People dont give a shit about bitcoin cash.
If power players boosted monero or bch then your average retard would be all over them instead of the btc
Okay? But they dont, no one cares about bitcoin cash anymore. Which is why there is no conspiracy, its just a lack of interest.
In reality, a batshit crazy conspiracy theory is that it’s just a coincidence that the 2 most useful and functional networks are suppressed.
So what about litecoin? It has a similar market cap as bitcoin cash, and average fees of less than 0.01$. So I guess its suppressed too according to you? LMAO.
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Bitcoin Cash has lower transaction fees than Litecoin
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Both less than 0.01$
And in both cases the blocks aren't even full.
So both scale perfectly fine.
In fact, Litecoin gives me a better payment experience than Bitcoin cash, simply because of the 2.5 min block interval.
Payment gateways usually accept payments with 1 confirmation, so Litecoin wins.
I'm just saying Litecoin isn't cheaper to use than Bitcoin Cash. As far as your experience that's yours and totally fine.
Acceptance of secure 0 confirmation transactions is part of Satoshi's vision and the whitepaper so if that becomes more of thing then the block interval advantage may just go away
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Most exchange are pro btc but the problem is the CEX control almost 80% of the volume in crypto market.
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also, you don't need bch on exchanges to short bch. on FTX and OKEX you can have a ton of different currencies as collateral to short any futures market on the exchange. On binance you can have a variety of currencies, but most use tether.
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There are short positions in literally every market. Many of them have expiry dates towards the end/beginning of a month. Let it play out first.
And shorts/longs make up the majority of the market now.
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