Re:Update on Bitcoin Cash
by localcdn on Thursday August 03, 2017 @07:19PM
(#14924909)
And all it took was the threat of a lawsuit.
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But four months is obviously a stall tactic when all of those other places made it available immediately.
Maybe a month for rush (but tested) development. Four months means they have other plans for the money and therefore I believe either they will revise that number or there will be a very large lawsuit. Something like criminal conversion or something.
They have around 7 million customers. If the average amount of bitcoin comes out to 0.5 bitcoin (could be more, could be less, who knows?) then that is 0.5 * 375 (current BCH price) * 7 million = around 1.3 billion USD. Maybe it averages out to quite a bit more. But they are saying they need to hold on to a billion dollars worth of assets until next year for 'safe keeping' or because its technically too hard? LOL.
Now we see how many other forks rise up and demand inclusion.
It doesn't work that way. BCC isn't just any fork. It has large miner and industry support.