Bitcoin Forum

It seems from the look of things, all exchanges are not ready to support Bitcoin Cash in any way.

Most of the exchanges I makes use of for now, except bittrex has sent me an email stating they will not in anyway be supporting bitcoin cash and have asked users who wish to make use of bitcoin cash to please withdraw their cash before the fork day.

So my question is, does this mean bitcoin cash is dead on arrival? Does this spell doom for the forked currency already? From your point of view, do you think there may be a chance in the future for bitcoin cash?

Even if it survives the few first days after the fork, will you be converting your BCC to BTC immediately or will you leave it hoping the value will eventually be worth the keep?

It will be as good as instant dead.

Some people will probably try to pump/dump it, to make a quick buck out of it, but that's it. And the only reason Exchanges are widely accepting it is because they are simply businesses; transaction fees.

The community is with its developers, not with a bunch of greedy miners.

It will not be considered instant dead. It will still continue to exist but as an altcoin. Though it is already clear that many exchanges will not support bch but some exchanges have already prepared two wallets for any updates and split that will occur on bitcoin. If bch will be launched it will be not like bitcoin, it will survive as another coin in the market and it is good to avail of that coin when it is low. But if btc will still be the one to be used and will not be replaced then I will be glad because this will mean that my saved bitcoins will not have a lower value but will continue to increase. But it is too early to tell, let us wait for the actual arrival of bch and observe how people will adopt and how they will support it.

I don't agree with OP. It is a new coin, and even then many dozens of exchanges and wallets have decided to support it. Adoption doesn't happen overnight. It takes time. And here we have a coin, which has gained the support from so many major players, even before it came in to existence.

I'm pretty sure that there would be at least an attempt to make it rebound. There are parties with an interest to make BCC appear to be successful and that's​ a sentiment that could lead more speculators into supporting it briefly. If that's the case, even if it were for it to die at least it would not happen in an instant.

I don`t know how the "greedy miners" who support bitcoin cash will win something from this fork?
I think that the main purpose of this fork was to create some panic and manipulate the bitcoin price two weeks ago,when btc was around 1900-2100 USD.Some fork "supporters" just bought some cheap bitcoins and now they are waiting for btc going to the moon.

Doesn't matter how many or few exchanges support it, what matters is how many people will dump and this is where it looks really bleak. I personally will try to dump before the price is too low.

There are a lot of people who have announced their support to BCC. These people are going to dump a major part of their BTC holdings, to purchase BCC tokens. If they are going to dump some BTC100,000 in the market, then that may be enough to purchase all the free-float BCC. So my guess is that the BCC vs BTC exchange rates are unlikely to dip below a particular threshold.

Yup! it is a shot to really wait for it to have a value on it's own that can guarantee us profit in an instant, and just like bitcoin that struggle for a lot of years to reach this point of glory, I think let's just give time for it, and August 1 is not yet here and yes it might boom when it is activated because of the many players that is interested with it,, and just like bitcoin that don't have many supporters but succeeded, and this kind of token that has many supporters will surely goes viral and it is not existed not until August 1.

What Value does BCC bring to the world except for traders to make $? That is the question that needs to be asked to know where the future of it will lie. Without real world value I dont see this surviving to long.

That's untrue

And lol to "greedy miners", would you kindly try to raise the maturity level of your posts a little?

Good question, and one I wish I had the answer to. There seems to be no value in this coin at this stage.

this doesn't necessarily mean it is dead on arrival. because mostly the people behind it have a lot of money to throw at it. but it will eventually die in the long term and as the bugs show themselves.

this mostly means the current existing businesses using bitcoin understand what bitcoin is and have some dignity and for that they want to make a stance.

and in the end bitcoin cash is just another altcoin that is using bitcoin's name and it is not even the first one to use bitcoin's name. you can go to coinmarketcap.com and search for bitcoin to see how many there are!

that is also what i wanted to know, as i have red earlier, bcc is not yet full supported by many exchanges so let's just see when it happens to show in the market.

I think I'm going to just hold the coins that I could convert to BCC. It's probably going to tank immediately, rebound a little, then super tank. But come September or October I think it will come back up again when the "2x" part of Segwit2 comes into question.
It's interesting competition. Those who don't like Segwit can just leave BTC now. Also those who still have miners in their attics will probably pull them out and fire them up for a little while. When the cards are played, there's a good possible chance that BCC might have similar value to BTC one day.

BCC is an altcoin and already has more support than the overwhelming majority of altcoins out there.
For that reason it's not dead on arrival, however I will be converting BCC to BTC immediately because I do not support BCC at all.

Ofcourse BCC will not be supported by market. It is a fork created by greedy miners and want to earn quick bucks. How come that 1BTC:1BCC ratio with just splitting on Bitcoin. This not fair for bitcoin investor. ETH and ETC is another story from bitcoin. Don't support greedy miners.

I don't think it'll be instant dead. Most of the exchanges today won't support it, but that doesn't mean other exchanges will, new ones will come too just like with any other alt coin. Bitcoin cash will take time to adopters, it may be huge in some time, or it might be like a secondary currency much like other mayor alts.

As will all forks of any stocks it will split the price into two :P

Bitcoin will be valued at half of what it is now and this bitcoin cash will be valued at the other half.

Then if there is support for it (AT ALL! ::)) it will either keep it's value.
Or it will just wither and die.

Remember what happened to ETH when it was split by the DAO into what it is now and ETC?

Same shit.

Just different pile! :-\

Most bitcoin users consider bitcoin cash as a threat for bitcoin or free money which cause most opinion is to sell bcc as soon as they get it on August 1st.
Well, I will do the same thing as bitcoin cash is just another altcoin even though they stated it better than bitcoin. Better or not, depend on the usability which none of those altcoins could compete with bitcoin. Maybe just because it is the number one coin and worth more than others, so people trust bitcoin.

It would be as good as that.  ;D
Looks like everyone here have agreed to withdraw their BCC. So what will happen with this? An enormous drop in value?
Even one of the largest trading site don't want them and that is a slap in the face.
There are better altcoins out there than them whose purpose is just to clone bitcoin which cannot be done.

Since most people are already looking at as just another altcoin, yes it most probably will be good as dead. It's not getting much support that it needs to at least keep its value stable and not drop drastically. But hey, it's free coins.

From my point of view I think the demand for BCC will be extremely low and everyone will be hurrying to sell it,but they would not be able to sell it if there is no demand so...bcc might be a trap for people who are selling their altd so they can get free bcc.

What we have here is an alt but with twist which a lot of free coins (Airdrop) . and with the mind set of most people holding BTC ( instant sell bbc for btc)   for this alt to survive it need to be tanked now the question is how far BCC supporters will go to tank it ! . I doubt it will last long we are talking about real money here that they are welling to lose ! . do you really think that someone is welling to  throw 100,000 BTC we are talking about $260 ,000,000 . that he/she might lose half or more of its value later  I really highly doubt it .

What I think is they are gonna take a chance on people that are/might stand with them . the chance already decreased a lot but they have nothing to lose they will lunch it anyway and I am sure that they will not use any of there BTC to tank this airdrop they will leave that for random people  . IF it tanked then they will make a lot of money if not they literally did not lose anything they in fact might join in dumping there BCC too  :D on the head of people who supported them .

it's will be just a short hype,people will start dump BCC as they get it,because people opinion of BCC is bad
exchange who support it just want to make profit from transaction and doesn't care about BCC in the slightest

I am not sure.

I see a theoretical potential in the coin so I will just hold my BCC coins to see if they are worth something down the line.

If many people do this the coin gets rare on the free market and therefore would rise in price.

I was really thinking that BitcoinCash can be just another pump and dump coin in the sea of so many coins we have in the cryptocurrency market. But it seems that there are already big exchanges that are planning to play with BitcoinCash. There is a possibility that people would really just dump the coin but the coin can also survive and take a life of its own later.

Anyway, let us not anymore look at BitcoinCash as a big threat to Bitcoin because this coin will be a spin-off of the original and can exist as just another alternative coin. Let's give this altcoin a chance it can be deserving as there is actually no bad coin. But just to clarify, I prefer still to have no fork nor split.

I agree with it.

I was just thinking about this. At the time of the split, there will be X BTC plus fees waiting to be confirmed. When the original chain finally confirms all these coins, it will already have a higher circulation than BCC. I'll be really interested in seeing how many txs the first few BCC blocks will get. At 2MB, will any even be full?

I think it's just a matter of time before bcc also being accept like bitcoin did.
IMO , some whale trader will take this chance to maximize their profit as they did on last 2 weeks on bitcoin

Not a bad coin?

- Bigger blocks mean RIP small miners
- Bitcoin malleability bug remains, they left it in on purpose
- No community support
- Only developed by Bitmain

It's 100% a shitcoin. Exchanges add them so they can take the fees off trading, no one can blame them.

I received a mail from coinbase now about the BCC, they made clear to me that they are retaining BTC as their main cryptocurrency indirectly indicating that they are not supporting BCC, but let us wait and see how BCC is going survive with all this altcoins.

BCC is look like a SHITCOIN i think

https://support.bittrex.com/hc/en-us/articles/115000808991
I think bittrex is also monitoring it and already making news to respond to August 1st later, I think we also need to see that all BTC holders also get the double advantage of it :)

This is all just a publicity stunt from Coinbase's part. In their FAQ they indicate that they won't be holding BCC for themselves in case that it received adoption. That could hold them legally liable to a crime anyway so no reason risking it.

I still don't get why people are that confident BCC will be dumped but they still want to ensure they get their air drop.

Why wouldn't you sell BTC now and use the profits from its lower price on August 1st to buy more. Seems a safer and better way to get more BTC than hoping you can get in on time to make anything good on a BCC dump. Your BTC+BCC could be worth less than your BTC is today...

Sell, buy more BTC on a low and then wait for BTC to boost again, sounds better to me?

I have the same idea. The more important is community. Even BCC supported by miners if there are no interest from community , there will be no value. Alright? I ask WHo want to turn your BTC into BCC? You take your own risk in price? How can it stand the value 1:1 with bitcoin when it is launch in the market. There could be dump and pump players will have new game. For me I don't want to take the risk. BTC isn't BCC.

Yes pretty much dead on arrival, it may reach up to $200 BCC. After that pump people just dump it for their BTC back ($4,500 each by then).

bcc is another sh*itcoin just like etc, they are useless coins that dont have any future, the price is obviously because of the speculation and the name.
it is a risky investment because no one knows how much will it dump

Yeah i guess somexchanger will not support this thing as they will be giving a free cash as they do that i guess this BCC will get i guess a average price rate in the market or i guess it surely dump in the market if it will have a high price in the market i guess so maybe stil bitcoin will.

If bitmain and jihan wu supports bitcoin cash, it will never be dead on arrival, I guess. It will have a value and as they support it, the value will increase. But here, I don't think bitcoin cash will race with bitcoin. Bitcoin is in another level that none of the others can touch.

People only care how to make more profits, and bcc will come and give us free cash. So, bcc may get dump on arrival but not dead obviously because some people or investors could use it as a speculation or distraction to make people invest on it. There are some possibilities about bcc, but I am sure we will struggle to cash out because not all exchanges support bcc, only few exchanges will do.

My local exchange also told as via their social media that they will not support the new chain (bitcoin Cash) and they said that they will remain on the bitcoin only. I do not know that what will happen in the future but it is sure that no one will want bad for bitcoin and it will go for success.

I know Localbitcoins is supporting Bitcoin Cash, but can almost guarantee you that it will be "dead on arrival".

Seriously... who or where have you seen anyone supporting it? I have not seen a single instance where someone was excited about Bitcoin Cash... and given that price falls when there is little demand, count on Bitcoin Cash to become worthless.

So far I didn't decided what I will do with my BCC, sell it after I get it, or hold. I'm afraid that it will be dumped, people just will sell their free coins. But on the other hand, I believe that Bitcoin Cash have enough support to not get dumped instantly. I have some fears about what will happen, but anyway, I don't have anything to loose.

Not many people believe that bcc is going to save bitcoin, bcc is going to destroy bitcoin reputation and they didnt know what to do with this coin,  many people are trying to dump it when they got the opportunity, I dont think bcc is going to be around for a long time

I'll have my popcorn ready during the fork and watch the dump in progress, the real question is where will the dump end, eventually even if its for less than a dollar people will buy it up and it will probably survive in some function.

Not really, I've seen some support for Bitcoin Cash here and there. There's a number of wallets and exchanges that already accepts it. There are also some websites on Bitcoin Cash. However, I can see that a majority of the Bitcoin supporters intend to just dump it immediately after the split. Most are still loyal to Bitcoin and think that Bitcoin Cash won't prosper at all. It's hard to tell what the future lies for Bitcoin Cash, but perhaps it will be considered as a new coin or altcoin. If it improves then and many crypto users decide to support it, then it is possible to have more wallets and exchanges for it.

Anyone that doesn't want their BCC just send it to me  ;D

Me too!  ;D

I doubt the BCC will last long, or just a junk coin. Very popular but after the 1st of August they will throw it away.
Except, the price of BCC is not much different from BTC. It can be a good competition like ETH and ETC.
I still believe BTC is King. BTC

Sooooo ... I'm wondering why anyone would actually want this BCC?

First and foremost, it's going to be a centrally controlled coin.

Bitmain will be WELL over the 51% mining level on the coin, so it already fails the biggest security issue of all .......

It is getting messed up majorily right now with the different time zones.

Some are trading it as they received it already in the split from their owned bitcoin they held.
While others have not received them yet depending on the exchange or wallet they have them on.

It is just chaotic right now. :-\

It seems to me that BCC project is a backup option for November.
In 3 months the issue of increasing the blocksize will arise with a new severity.
At this time, the BTC-BCC dilemma will be relevant.
Not tomorrow. 3 months to dump and accumulation  ;D

Maybe not instant dead,exchanges need to see is is secure.BCC is wild development,it was not enough tested
Take in to considaration that the end of segweet activation is 24 aug

right now anything is happen so wait for upcoming few days to see what's going on. perhaps the biggest concern among traders, however, was not how the two assets would compete given a level playing field, but what might happen if the market doesn't provide such equity.

It's already dead as people are just thinking on the possible profit they can take upon getting bitcoin cash and will just dump it immediately.


No future at all and that's what I can see and majority will have to say that either.

I'm skeptical about the exchanges that say that they won't support it.  It costs them nothing to claim it especially if they're holding BTC.  They might not list it, but im sure they'll claim and dump it.

BCC is a move by china miners, exchanges and asics producers to double or triple their earnings. They made it sound like a legitimate idea to scale bitcoin but with a very greedy hidden agenda.

Whoever supports BCC will further support centralization of mining in china, giving them the mandate to further control and dictate the future of cryptocurrencies. Might as well give them our wallet and let them tell us how much money is worth in there. The last thing we need is more centralization. I do hope the whole world can boycott BCC, let the price of BCC drop to the bottom and send a strong signal to bitmain and their gang. Cryptocurrencies belong to the world, not china.

Traders might play around with it for a start, but will eventually die off if the world don't support it.

If you do run a blog or news site, consider spreading the news to not support BCC.

Guys check BCC in Bittrex dips at -19%. What do you think? ???

Bitcoin Cash is a very good cryptocurrency for short-time investments. It shows well its pumps and dumps, and the wise trader will make his profit dealing with it. The future fork of Bitcoin Cash (the roadmap says about it) will make its price high.

Roger Ver showing fuck off on Youtube is going to be the most prominent symbol of Bitcoin Cash anti-campaign for sure. 

I think the price of bcash will continue to grow. Roger Ver with friends have stated that next year will be BCASH 2 hairforce. This will warm up interest to the coin. Also technologically, it will improve. The block size of the transaction rate. In the beginning I did not believe that Bcash will really be much but became. success

Roger ver only wants more money. That's all. I don't expect development from bitcoin cash team. If you mean manipulation they're the best in the world. They do great manipulation to make hype around BCH. 

He made himself look like such a loser. Couldn't believe he ended up posting the video, I thought he got owned, but apparently he doesn't think so.

I can say that Bitcoin Cash has already stabilized. For several days its value is about $1,500 plus minus 50 dollars. Today Asian investors stake at this cryptocurrency, and this is one of the reasons why it is not going down.