Bitcoin Forum

CoinEx founder Yang had famously labelled Bitcoin Cash as the real Bitcoin in the past, and he even believed that BCH could dominate the crypto market, but very soon he realised that he was horribly wrong, and therefore he turned his attention towards Bitcoin Satoshi Vision which too turned out to be another flop coin. It’s pertinent to note that he only supported both these coins with one goal i.e. to end bitcoin’s dominance in the crypto market.

Furthermore now he’s back with another vision i.e. to dominate exchanges and use his own blockchain to fulfil his goal of ending bitcoin dominance in the crypto market, but in my personal opinion he won’t succeed this time round too and he’ll fail once again.



Source:

https://decrypt.co/29994/the-attempted-come-back-of-coinex-chinas-forked-bitcoin-exchange

But how can he succeed in this endeavor of ending btc dominance with his exchange?  Is very strange for fighting to achieve something that is almost impossible, btc can not be controlled by anyone, there is nothing he can do about btc dominance, it is the number one crypto that everyone trust, unlike the rest that he is supporting.

Fighting bitcoin and yet mining the only BTC?

You can dismiss all his statements as a marketing ploy for his exchange. He attacks bitcoin hoping that the worshippers of bsv and bch will support him and trade on CoinEx. It is also stated in the article if you actually read it "However he’s making an effort now to help publicize his renovation of CoinEx."

I am wondering how Yang is planning to control exchanges to end bitcoin dominance! Any idea? Is there a new coin he is going to announce based on his own blockchain?

Bullying and FUD won't work because the market players are mature enough and they have seen a lot of these tactics in the past. The traders and miners have fallen for such traps during the initial days of BCH but these are now history. The market then quickly came back on track and stopped believing such nonsense. After the initial impact, the crypto market has never reacted to the FUDs related to BCH or BSV.

I don't blame some of these influencers you know. I think some of them are actually paid to make a shill about some of the hardforks of bitcoin. I hope he comes into realization soon that these forks of bitcoin are nothing but just a pure greed of men just trying to reduce the marketcap of bitcoin.

If he is hinting at that, then it's just going to be another scam shitcoin version of BCH and BSV. The thing is Roger, Craig and even Yang know they are just spreading lies and FUD, both when they claim they are 'unmasking Satoshi' and that BCH is the real bitcoin, they know it's all lies, it's their supporters and fans who have strongly bought into their ideas, they are the people being deceived by all this FUD.
Yang can't do that, bitcoin is not dominant because it is traded on an exchange, I think Yang, Roger, Craig and all their supporters should read the bitcoin whitepaper, Bitcoin is dominant because of its use case which neither of them can take away.

I really enjoy to see this kinda FUD where its nothing but a meaningless attempt to decrease investors trust on bitcoin. From the beginning of BTC revolution crypto universe observed got tons of fake & worthless predictions but everytime it works as a fuel for bitcoin rather than decreasing people's interest. Actually people like Yang are so smart to draw crypto users attention for their personal gain. You can call that a different way of marketting for their businesses like BCH & BSV did in the past. IMO its better to eat popcorns rather than wasting time for this kinda news.

All i can say that Yang is looking for some audiences only. :)