I like how Bitcoin forks just hand out free $200.000.000 to fucking whales

[Nebell]

Bitcoin forked in August 2017 giving 1:1 BCH to everyone holding Bitcoin.
That meaning Bitcoin whale from Mt.Gox got nearly $200.000.000 (with current, tanked price) since they had almost 200.000 BTC.
Oh, the irony. Mt. Gox should not even have a single BTC.
They have tons and are fucking up the whole market since December.

And also, these airdrops should not even exist. Crypto is not about technology anymore, it's about getting rich and market manipulation. If you claim otherwise, you're delusional.

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[mrbnson]

They're only receiving that much because there is a demand for it, if people did not demand these forked currencies then they would be worthless. I'm not sure if Kobayashi sold any BCH but if not we will see the price crash (and probably more significantly so) when he does get around to selling them.

[jackkun]

Bitcoin forked in August 2017 giving 1:1 BCH to everyone holding Bitcoin.
That meaning Bitcoin whale from Mt.Gox got nearly $200.000.000 (with current, tanked price) since they had almost 200.000 BTC.
Oh, the irony. Mt. Gox should not even have a single BTC.
They have tons and are fucking up the whole market since December.

And also, these airdrops should not even exist. Crypto is not about technology anymore, it's about getting rich and market manipulation. If you claim otherwise, you're delusional.

It is crazy but this is true

[MoonIsBlue]

They're only receiving that much because there is a demand for it, if people did not demand these forked currencies then they would be worthless. I'm not sure if Kobayashi sold any BCH but if not we will see the price crash (and probably more significantly so) when he does get around to selling them.

Yeah he did sell a lot of BCH a couple hundred million worth of it. Its mentioned in the first article that exposed this Mt Gox whale.