CZ Binance – Z24 Crypto

Bitmain has achieved its best case scenario...

I don't even think this is tinfoil hat stuff... lets go over the exact timeline.
Proof of the discounts by the way: https://twitter.com/BITMAINtech/status/957620387558260736
So what are the next steps?
Bitmain will do all it can to ensure Obelisks do not ROI. Killing the company off for good. Expect Siacoin to be sold to shit AFTER their next batch profits (or the moment SC1 releases). Oh and how can they do this most effectively? By getting listed on Binance the largest exchange in China. I wonder who is calling for these listings?? The new A3 miners, why? Because this entire drama is making SC holders itchy to offload. So the community is now going to get listed on Binance so a wave community members (let's assume 15k new people) can sell...
This is how its done ladies and gentlemen, this is shrewd and clever business practices at play put in place by folks that can execute. One set of folks had trouble delivering t shirts... the other has achieved a non-hostile hostile takeover of an entire network. Bitmain is using game theory and peoples incentives to achieve its goals, it didn't have to try anything shady rather it uses understanding of humans rational thought + their greed to get what it wants.
Honestly I'm impressed at how well executed this was.
BONUS: This is where I will put the tinfoil hat on. If Bitmain was able to implement some hidden features in its miners that would really put the icing on this.
****EDIT: What is even better is that by having Obelisk buyers purchase A3s the chances for a fork are lowered as there will be no-one calling for a fork. Thanks for pointing that out to me in the comments.
submitted by christianc750 to siacoin [link] [comments]

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Buy Bitcoin with Credit Card on Binance

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