Couple of thoughts re: bitmain IPO.
(1)Bitmain will want to make their holdings look as impressive as possible, so they will probably try to pump bch (maybe the other alts too) before the IPO. They have been trying (and failing) to corner the market for the last year.
(1)Bitmain will want to make their holdings look as impressive as possible, so they will probably try to pump bch (maybe the other alts too) before the IPO. They have been trying (and failing) to corner the market for the last year.
(2a) The added transparency for the IPO has put them in a vulnerable position. They are overexposed to bitcoin cash and now their competitors know. I have theorized in the past that the main reason bch hasn't been 51% attacked yet is due to fear of retaliation from bitmain.
(2b) So with that said, my thought now is bitmain's competitors have an extra incentive to attack the bitcoin cash chain to disrupt the IPO. On top of that, bitmain is probably less likely to retaliate given the extra attention the IPO brings.
Back to reality:
(1) Bitmain will probably have trouble pumping bch(they have been trying and failing for the last year).
(2) miners probably won't risk an attack, they haven't up until this point. That said, bitmain & bch are the most vulnerable they've ever been.
(1) Bitmain will probably have trouble pumping bch(they have been trying and failing for the last year).
(2) miners probably won't risk an attack, they haven't up until this point. That said, bitmain & bch are the most vulnerable they've ever been.
