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881 sats \ 2 replies \ @byzantine 4 Oct 2023 \ parent \ on: Blackrock's gameplan bitcoin
well i guess we will see. you are explaining a version of the fork wars that failed before
-biggest miners choose new fork -sell all old stash -pump up new fork metrics -spam attack old fork -ultimately are forced to abandon new fork since market chooses freedom
***remember the market is global ***
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21 sats \ 1 reply \ @Hypnagog OP 4 Oct 2023
Did miners have billions of capital in btc then? Who know how big a blackrock etf could get.
I guess time will tell.
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63 sats \ 0 replies \ @byzantine 4 Oct 2023
it is relative. bitmain had a massive % of the market but the market cap was much smaller then.
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