Mon Jul 31, 2017 5:00 pm
Unbelievable.
Even IF Roger is colluding with miners to crash BCH so they can buy it up, the article doesn't explain how this is a bad thing for consumers, only for nervous investors. Bitcoin isn't for investors, and as soon as anyone starts writing an article from this perspective I immediately distrust whatever they say.
Even though the BCH futures price has dropped by 50%, Roger is buying BCH because he believes it's the superiour coin. The superiour coin will win the trust of consumers. Whether that is BCH or BTC is irrelevant. The consumers will win either way due to increased choice and competition. Investors take their risks, and Roger is an investor just like everyone else.
Personally I'll be keeping both BTC and BTH and waiting, just like the article suggests, because that's what sane people do. Not because some article author told me to be afraid of one side or the other.