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Title: If you believe that forking will give you 2 coins worth more than 1 coin Post by: stupid_seb on July 28, 2017, 04:11:40 PM please keep in mind that
1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) Title: Re: If you believe that forking will give you 2 coins vs. 1 Post by: South Park on July 28, 2017, 05:18:36 PM please keep in mind that Your post is not wrong but the title of the thread is incorrect, the fork is going to give to us 2 coins, there is not question about it, personally I do not think the price of bitcoin is going to crash that bad, BCC is the one that is going to crash rapidly since it will be a race to who can dump it the fastest.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) Title: Re: If you believe that forking will give you 2 coins vs. 1 Post by: stupid_seb on July 28, 2017, 06:08:07 PM please keep in mind that Your post is not wrong but the title of the thread is incorrect, the fork is going to give to us 2 coins, there is not question about it, personally I do not think the price of bitcoin is going to crash that bad, BCC is the one that is going to crash rapidly since it will be a race to who can dump it the fastest.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) Agreed. I modified the title! Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: mobnepal on July 28, 2017, 06:17:40 PM Don't worry BTC will be over $3k after the split while BCC might struggle to even remain above $100 within next few weeks of its listing on few altcoin trading platform.
BTC will be major chain while BCC will remain as just another bitcoin clone offering nothing more than large blocks. Title: Re: If you believe that forking will give you 2 coins vs. 1 Post by: feranenem12345 on July 28, 2017, 06:19:54 PM please keep in mind that Your post is not wrong but the title of the thread is incorrect, the fork is going to give to us 2 coins, there is not question about it, personally I do not think the price of bitcoin is going to crash that bad, BCC is the one that is going to crash rapidly since it will be a race to who can dump it the fastest.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) The problem is that if BCC is not dumped fast enough it has the ability to devalue Bitcoin a lot. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: mrcash02 on July 28, 2017, 06:40:55 PM I think everyone already know that your bitcoin value won't be doubled because BCC price is already low and many people are ready to dump BCC for quick profit before the price is crashed. In fact, i think BCC couldn't alive because there's no support like what ETC community did. I believe the best to do is to sell these BCC coins faster as possible, at least that is what I'm thinking to do... I can be wrong, but seems it will be just like trash AltCoins. If we are able to sell it for $300 at least, it's already a good profit. If we wait too much there is a high risk to take only $50 profit on it. :D Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: lousie9 on July 28, 2017, 06:44:47 PM We can not predict what bcc will do to attract markets, it is impossible for them to be born and do nothing, if that happens then it will just be a junk coin and people will still buy the original bitcoin. I would like to hear what the bitcoincash potential will be.
Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: feranenem12345 on July 28, 2017, 06:48:50 PM I think everyone already know that your bitcoin value won't be doubled because BCC price is already low and many people are ready to dump BCC for quick profit before the price is crashed. In fact, i think BCC couldn't alive because there's no support like what ETC community did. I believe the best to do is to sell these BCC coins faster as possible, at least that is what I'm thinking to do... I can be wrong, but seems it will be just like trash AltCoins. If we are able to sell it for $300 at least, it's already a good profit. If we wait too much there is a high risk to take only $50 profit on it. :D I would not pay even a 1 sat for this. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: stevebc on July 28, 2017, 07:01:13 PM I think everyone already know that your bitcoin value won't be doubled because BCC price is already low and many people are ready to dump BCC for quick profit before the price is crashed. In fact, i think BCC couldn't alive because there's no support like what ETC community did. I believe the best to do is to sell these BCC coins faster as possible, at least that is what I'm thinking to do... I can be wrong, but seems it will be just like trash AltCoins. If we are able to sell it for $300 at least, it's already a good profit. If we wait too much there is a high risk to take only $50 profit on it. :D I would not pay even a 1 sat for this. I see no merit in BCC, but I am fairly confident that there are enough potential buyers who will take a chance on having an Ethereum Classic level of success. I'll stick to BTC myself, and sell off my BCC for whatever they are going for. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: mrcash02 on July 28, 2017, 07:17:30 PM I think everyone already know that your bitcoin value won't be doubled because BCC price is already low and many people are ready to dump BCC for quick profit before the price is crashed. In fact, i think BCC couldn't alive because there's no support like what ETC community did. I believe the best to do is to sell these BCC coins faster as possible, at least that is what I'm thinking to do... I can be wrong, but seems it will be just like trash AltCoins. If we are able to sell it for $300 at least, it's already a good profit. If we wait too much there is a high risk to take only $50 profit on it. :D I would not pay even a 1 sat for this. I see no merit in BCC, but I am fairly confident that there are enough potential buyers who will take a chance on having an Ethereum Classic level of success. I'll stick to BTC myself, and sell off my BCC for whatever they are going for. This BCC has no credibility in my opinion, because they are trying to have control over the currency, otherwise they would accept the majority opinion of the community and stay strong with Bitcoin. It doesn't inspire confidence on buyers and investors. The success of BCC is possible like the success of any other fake bumped AltCoin, after a big pump the dump is even higher. The intention when buying this currency is the opposite of buying Bitcoin, instead of long term profit, short term fast profit. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: Rinaze on July 28, 2017, 07:24:27 PM Would BCC developers / miners (and from what I understand this stands at 40%+ atm?) / supporters dump all their BTC instead and buy BCC? It's an all out war though if this happens!
Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: feranenem12345 on July 28, 2017, 07:25:24 PM I think everyone already know that your bitcoin value won't be doubled because BCC price is already low and many people are ready to dump BCC for quick profit before the price is crashed. In fact, i think BCC couldn't alive because there's no support like what ETC community did. I believe the best to do is to sell these BCC coins faster as possible, at least that is what I'm thinking to do... I can be wrong, but seems it will be just like trash AltCoins. If we are able to sell it for $300 at least, it's already a good profit. If we wait too much there is a high risk to take only $50 profit on it. :D I would not pay even a 1 sat for this. I see no merit in BCC, but I am fairly confident that there are enough potential buyers who will take a chance on having an Ethereum Classic level of success. I'll stick to BTC myself, and sell off my BCC for whatever they are going for. I agree with you, you would also sell for what you are willing to pay. I would not even pay 1 sat for BCC. If there are people so crazy to buy mine, so be it. Title: Re: If you believe that forking will give you 2 coins vs. 1 Post by: squatz1 on July 29, 2017, 01:27:22 AM please keep in mind that Your post is not wrong but the title of the thread is incorrect, the fork is going to give to us 2 coins, there is not question about it, personally I do not think the price of bitcoin is going to crash that bad, BCC is the one that is going to crash rapidly since it will be a race to who can dump it the fastest.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) I do think that the price of Bitcoin is going to suffer, it may not suffer a lot, but suffer it will. With something of this caliber occurring, with a number of miners support that has behind it is going to be bound to disrupt normal Bitcoin for some time so it's not like we're all going to sit here and say, NO NO NO it can't hurt me. If you OWN BITCOINS during this, you're going to be in for a ride of the price, no doubt about that at all. If you want to get out, I'd do it before this time, as that's going to be the only thing that's going to save you from the fate of Bitcoin until further notice. 2 coins, though they MAY be worth less than the original one coin you had before this due to TWO coins being present now. Title: Re: If you believe that forking will give you 2 coins vs. 1 Post by: South Park on July 29, 2017, 05:17:07 PM please keep in mind that Your post is not wrong but the title of the thread is incorrect, the fork is going to give to us 2 coins, there is not question about it, personally I do not think the price of bitcoin is going to crash that bad, BCC is the one that is going to crash rapidly since it will be a race to who can dump it the fastest.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) The problem is that if BCC is not dumped fast enough it has the ability to devalue Bitcoin a lot. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: dreamer81 on July 29, 2017, 05:55:57 PM Let them fork all they want. Who cares. It's good that all their hashing power dissapears from the BTC network, making it more attractive for us humans to mine bitcoins again.
Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: South Park on July 30, 2017, 06:03:23 PM Let them fork all they want. Who cares. It's good that all their hashing power dissapears from the BTC network, making it more attractive for us humans to mine bitcoins again. I do not think there is going to be a huge difference in terms of the loss of hashing power in the bitcoin network I have seen number between 4 up to 20% of the hashing power will move to bcc and that is not enough, that will not allow the average user to be able to mine bitcoin again.Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: U2 on July 30, 2017, 06:08:42 PM Bcc may cost a few dollars at first but I don't see it lasting more than a month. It's fundamentally ok, but offers nothing to help the general public. Like you said too, they have a huge advantage and they're hoping it will end up making them a lot of money. I highly highly doubt it will.
Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: mostkey on July 30, 2017, 06:13:35 PM Don't worry BTC will be over $3k after the split while BCC might struggle to even remain above $100 within next few weeks of its listing on few altcoin trading platform. BTC will be major chain while BCC will remain as just another bitcoin clone offering nothing more than large blocks. It will only be the attention of the beginners, we can calmly face this, because we believe that btc will remain the key to another coin, while bcc will only follow it. And for the moment we will only wait with what happened in early August Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: bitbunnny on July 30, 2017, 06:25:38 PM Don't worry BTC will be over $3k after the split while BCC might struggle to even remain above $100 within next few weeks of its listing on few altcoin trading platform. BTC will be major chain while BCC will remain as just another bitcoin clone offering nothing more than large blocks. It will only be the attention of the beginners, we can calmly face this, because we believe that btc will remain the key to another coin, while bcc will only follow it. And for the moment we will only wait with what happened in early August That is true, BCC doesn't have any chance at all but still there will be some individuals who hope they will manage to make some money on it. I think that most exchangers will not support it so there will be a struggle for a while. But wha is for sure no one wi make double profit because the value of BCC will be very low. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: hatshepsut93 on July 30, 2017, 07:08:45 PM please keep in mind that 1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... This is just a blind prediction. Most traders agree that Bitcoin's price won't drop on August 1st, because most users don't feel any threat from BCC. .. BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage) BCC forks from BTC blockchain, it's wrong to say it was premined by Bitmain unless you suggest that Bitmain owns significant portion of Bitcoin. .. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) In fact it's the opposite - big blocks will quickly cause centralization of nodes, and this is why Core is against it, even though it would boost Bitcoins capacity in short term. Bitcoins distribution between addresses/users is completely irrelevant. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: deisik on July 30, 2017, 07:23:07 PM please keep in mind that 1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) Bigger blocks are good only for the cartel And they actually lead to heavier centralization so it is hard to guess what you might mean by "keeping the "decentralized" idea". Bitcoin needs faster and cheaper transactions, and I don't really think that making blocks bigger serves this purpose very well. More centralization means more mining market monopolization, which is synonymous with higher fees and slower transactions. What we need are approaches that essentially take miners out of the equation altogether (as a factor to count in). Conceptually, it is the PoS model of achieving distributed consensus (instead of PoW, as of now). More specifically, it is approaches that make possible close to real-time, off-chain transactions with low or no fees. Sorry, but bigger blocks don't cut it in any of these departments Title: Re: If you believe that forking will give you 2 coins vs. 1 Post by: samuraijin on July 30, 2017, 07:23:53 PM please keep in mind that Your post is not wrong but the title of the thread is incorrect, the fork is going to give to us 2 coins, there is not question about it, personally I do not think the price of bitcoin is going to crash that bad, BCC is the one that is going to crash rapidly since it will be a race to who can dump it the fastest.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: freeyourmind on July 30, 2017, 09:14:16 PM Don't worry BTC will be over $3k after the split while BCC might struggle to even remain above $100 within next few weeks of its listing on few altcoin trading platform. BTC will be major chain while BCC will remain as just another bitcoin clone offering nothing more than large blocks. It will only be the attention of the beginners, we can calmly face this, because we believe that btc will remain the key to another coin, while bcc will only follow it. And for the moment we will only wait with what happened in early August That is true, BCC doesn't have any chance at all but still there will be some individuals who hope they will manage to make some money on it. I think that most exchangers will not support it so there will be a struggle for a while. But wha is for sure no one wi make double profit because the value of BCC will be very low. Depending on which wallet or exchange BTC is currently on, I think we'll probably get access to BCH at different times. I'd probably expect it to get dumped as well...exchanged for BTC, which may push the BTC price up. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: The One on July 30, 2017, 09:48:33 PM Don't worry BTC will be over $3k after the split while BCC might struggle to even remain above $100 within next few weeks of its listing on few altcoin trading platform. BTC will be major chain while BCC will remain as just another bitcoin clone offering nothing more than large blocks. Rejoice then. $3k + $100 = $3.1k. $400 higher than present. I take it you won't be dumping your BCC. ;D ;D ;D Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: SaShiRaJaVu on July 30, 2017, 09:57:56 PM please keep in mind that I am not sure how you come up with these calculations ,if i get an equal share of the split how can it be $1000 combined,do you think that the price would go down for bitcoin,what are you trying to tell here,BCC has some good backing for now and if they create a better model to compete with bitcoin,so be it,you do not shut down innovation by calling it a scam,let them do what they are trying to do as simple as that and if you are not interested ,just forget about it.1BTC + 1BCC worth $1,000 is not as smart as 1 BTC worth $3,000... BCC is a scam, it is almost sort of "pre-mined" by Bitmain (hash power and 1st move advantage), and was only created to enrich Bitmains' greedy board. Too bad, beacuse the idea of a way bigger block size is great and that is what BTC needs (up to a certain extend, to keep the "decentralized" idea, even if 1% of holders have 69% of BTC...) Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: South Park on August 03, 2017, 06:52:24 PM Don't worry BTC will be over $3k after the split while BCC might struggle to even remain above $100 within next few weeks of its listing on few altcoin trading platform. BTC will be major chain while BCC will remain as just another bitcoin clone offering nothing more than large blocks. It will only be the attention of the beginners, we can calmly face this, because we believe that btc will remain the key to another coin, while bcc will only follow it. And for the moment we will only wait with what happened in early August That is true, BCC doesn't have any chance at all but still there will be some individuals who hope they will manage to make some money on it. I think that most exchangers will not support it so there will be a struggle for a while. But wha is for sure no one wi make double profit because the value of BCC will be very low. Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: AGD on August 03, 2017, 07:04:58 PM This fork gave me a lot of free coins ;)
Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: stupid_seb on August 03, 2017, 10:51:12 PM This fork gave me a lot of free coins ;) Yes. Actually I was WRONG on this one. The value of BTC + BCC went higher than $3,000 1 BCH + 1 BTC = 1.14 BTC = $3,200 Impressive resilience from the BTC. Glad I was wrong ! Title: Re: If you believe that forking will give you 2 coins worth more than 1 coin Post by: South Park on August 05, 2017, 10:11:28 PM This fork gave me a lot of free coins ;) Yes. Actually I was WRONG on this one. The value of BTC + BCC went higher than $3,000 1 BCH + 1 BTC = 1.14 BTC = $3,200 Impressive resilience from the BTC. Glad I was wrong ! |