PSA: Attack on BTC is ongoing - Bitcoins

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Monday, 13 November 2017

PSA: Attack on BTC is ongoing

PSA: Attack on BTC is ongoing
/u/dbojangles

If y'all check the other sub, the narrative is that this was only the first step. Bitcoin has a difficulty adjustment coming up (~1800 blocks when I checked last night), and that's when they're hoping to "strike" and send BTC into a "death spiral." (Using their language here.)

Remember that Ver moved a huge sum of BTC to an exchange recently, but didn't sell. Seemed puzzling at the time, but I'm wondering if he's waiting for that difficulty adjustment to try and influence the price. Just a thought.

Anyway, good to keep an eye on what's going on over in our neighbor's yard as this situation continues to unfold. And I say "neighbor" purposefully -- I wish both camps could follow their individual visions for the two coins in relative peace. However, from reading the other sub it's pretty clear that their end game is (using their words again) to send BTC into a death spiral.

submitted by /u/dbojangles
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