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Hey all Bitcoin Cash haters, i thought you promised us a big dump once exchanges started to accept deposits.
I guess that dump isn't going to happen and BCC is only gaining strength.
What is your excuse this time?
Question for the hundreds of people announcing they would mass dump BCC, what happened? LOL
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Considering a lot of mining power is likely to move to the BCC chain for selfish reasons i don't think there is any room to go up for at least a week.
If Bitcoin survives the difficulty adjustment of BCC the road could be clear till November when we will probably have another hard fork.
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Everything that you explained is nothing if the price for each bitcoin cash is small like right now. People get used to a huge price on bitcoin and when people see the bitcoin cash, i'm sure people will leave it. The volume for Bitcoin cash is really big though like bitcoin volume, so maybe it takes a long time to make the bcc price stable.
The volume is really big like bitcoin? You're either nuts or lying... BCC last 10 blocks, took 8 hours to confirm, in that time there were 3.483 transactions worth 61 million USD. Bitcoin last 10 blocks took under 1.5 hours to confirm, in that time there were 15.438 transactions worth 428 million USD. Now scale that up to the BCC timeframe and we see BCC has less than 2.7% of the economic traffic of BitcoinSo what's the point of this coin? Your figures just show how pathetic this Bitcoin Cash is. If its economic power is only around 3% of Bitcoin's, then its current price of about 200 dollars per coin is still overhyped, and it has plenty of room where to collapse into. If we make simple calculations (I know they are not meaning anything in particular but still), we should see its price well below 100 dollars. And this is where this shit alt coin belongs, i.e. below 100 dollars per coin closer to the lower end of that range at that It IS pathetic, that's not the point i was trying to make when i started the topic. My points are: BCC is true to Satoshis whitepaper. Giving people, specially early adopters that use it for its fundamentals rather than a tool to make more dollars, incentive to support it. BCC will be incredibly easy to mine in about 5 days because of the difficulty adjustment. All miners now have big incentive to mine the BCC chain instead of Bitcoin, even at a lower value, this is incredibly profitable for a miner. As a result of miners mining BCC en masse instead of staying on the Bitcoin chain, the Bitcoin network will stagnate, it will be extremely slow or just come to a halt. Transactions are already not being included into blocks without ridiculous fees, imagine the fees when block times become worse than they are now for BCC.... We are looking at fees of hundreds if not thousands of dollars. I'm sorry but if you really don't understand the danger BCC poses to Bitcoin you really don't understand economics or Bitcoin. People are really getting fed up with the bankster/blockstream NWO agenda of Bitcoin and that will show sooner rather than later. Remember we created Bitcoin to have an opportunity to get rid of those banksters, big corporations and governments influencing and controlling our finances. |
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Everything that you explained is nothing if the price for each bitcoin cash is small like right now. People get used to a huge price on bitcoin and when people see the bitcoin cash, i'm sure people will leave it. The volume for Bitcoin cash is really big though like bitcoin volume, so maybe it takes a long time to make the bcc price stable.
The volume is really big like bitcoin? You're either nuts or lying... BCC last 10 blocks, took 8 hours to confirm, in that time there were 3.483 transactions worth 61 million USD. Bitcoin last 10 blocks took under 1.5 hours to confirm, in that time there were 15.438 transactions worth 428 million USD. Now scale that up to the BCC timeframe and we see BCC has less than 2.7% of the economic traffic of Bitcoin. |
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kwukduck likes BCC, that means we should really dump it... I was not sure if i'll do it, but now, pretty much decided  If you read satoshis whitepaper you would know the direction Bitcoin is going is not what he would have wanted, he only wanted to scale to bigger blocks over time, which is what BCC is doing, no fancy protocol changes to cripple the whole thing. Devs worked so hard a few years ago to get rid of transaction malleability just to now reintroduce that attack vector again through SegWit... Sorry but if you don't see the bankster/blockstream scheme behind this you're just not paying attention. |
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Even if I don't like the fact that BTC splitted...
The BTH/BCC will raise...
It will become the biggest alt...
I think it will maintain a minimum 10% value of BTC but might go higher
Many coins will never be claimed, it has BTC origins, huge diversification, solid blockchain and it's a somehow cheap opportunity to get in before BTC goes parabolic.
On the short term it will probably go down in value...but in the long term it will rise
You Sir, make no sense whatsoever... How does an investment in something cheaper per unit give a better investment at a continuous rate of 10%? Math much? |
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Ah Kwukkie..
Werent you boosting Ethereum as the new golden boy last week ? And something else before that ?
You do realise that nobody believes a word you say ? because you will say *anything, as long as it is anti-bitcoin.
Hows that "$180 next week !" prediction you (and your "analysis team") made (back when we first encountered each other here) going for you ?
Still got your buy orders set at $9 in hope of "buying back lower" when you sold out at $10 ?
This has nothing to do with being a fan of one or the other, only with incentives and money. You can't deny the Cash team is several orders of magnitude better funded than the Core team. The other big factor is mining profitability, which will give miners huge incentive to mine Cash instead of Core. Of course the difficulty of Core also adjusts but only if there is enough mining power left to find blocks in the first place, which i very much doubt. The incentive to switch is equal for all miners. |
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I like this FUD. But I think it won't happen until November.
If nothing happens between now and end of November and BCC remains at around 0.06BTC or less I will probably abandon the belief that BCC is taking the crown. At that point I will just find solace in the fact that BCC will just be analogous to ETC and will still go up in value, just not as much. I don't mean to spread FUD. I am merely speculating and trying to make money from it. Next week I plan to take a position in BCC/BCH. I personally don't believe most of our opinions will matter in what happens. In the end, the miners will decide what happens with Bitcoin. If BTC does well and goes up to 10k, I can see BCC trailing it at 1k so no matter which way it goes it will work out for me I think. I can't think of a single reason why miners wouldn't switch en masse to the BCC chain, mining is a selfish business, they go where there is profit to be made. Unless Bitcoin reaches like $8.000 within 6 days it will be more profitable to switch. |
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I like this FUD. But I think it won't happen until November.
Sorry but the bitcoin network is unlikely to survive that long. It actually might, there will be a lot of FUD about the "2x" part of Segwit2x that is never going to be accepted (look what Bitcoin Core developer luke-jr said at reddit.com/r/btc), even though miners agreed to implement it. Then will be the right time to transition. Currenly I have some BCC hedge in case it happens really soon and in September will be ready to transform everything, currenly providing loans in BTC. This has nothing to do with SegWit(2x) and everything with BCCs mining difficulty and enormously well funded team behind it. Only a hand full of miners will be left to mine the original bitcoin blockchain for ideological reasons, the rest will switch to BCC chain to gain the most profit. Causing network stagnation well before November. |
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I like this FUD. But I think it won't happen until November.
Sorry but the bitcoin network is unlikely to survive that long. |
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Current price reflects stupidity.
Once BCC gets the difficulty adjustment miners will point their rigs to BCC chain and leave Bitcoin for bigger profits on the BCC chain.
Resulting in a crippled Bitcoin network, likely leaving it in a completely dysfunctional state.
*aaaaaand it's gone*
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When you look at it logically it is the only possible outcome.
BCC is true to Satoshis view of Bitcoin, it has the most support from all the big Bitcoin investors and infrastructure.
The price is very high compared to current mining power, this means miners have big incentive to switch to BCC instead of keeping their rigs pointed at the classic Bitcoin chain.
BCC team have enormous wealth ensuring price stability, development, infrastructure growth and security.
Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.
The new ATH is nothing but a distraction of capital moving to BCC. Whales don't want you to get your hands on BCC cheap while it lasts.
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A few minutes ago I also saw that people were telling in the yobit chat that when they will get the BCC then they will sell them and on there I heard that the price of BCC is going down continuously and it will go more down. I think there is only the profit of the early sellers and those who will be late will not get much profit.
Everyone is selling it already. Here in forum too you'll see that there's a lot of people that will sell immediately upon getting BCC. It looks like there are few people that are wanting to pump this coin but this is not going to happen. We are already good with bitcoin and this is now pronounced, nothing good as other alt coins. Yea everybody is dumping, therefore the price is skyrocketing... Stop lying and admit Bitcoin will be surpassed real soon. 0.13 and rising! |
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I think bcc will be dumped more than bitcoin. And people may regret it. I just have very small amount of btc so I don't really care about dumping. But it is exciting to watch.
Yea people seem to be forgetting Jihan has hundreds of millions of dollars worth in both fiat and btc that he will use to basically guarantee BCC will be a big success and be considered the big successor to bitcoin within 6 to 12 months. |
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Does anyone know why even ByteCoin has more transactions than Monero? I thought Monero was the to-go privacy coin...
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Just wait two more days and you'll have your cheap bankster bitcoin while we all move to Bitcoin Cash. The real Bitcoin as Satoshi intended it to be.
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Call it shitcoin all you want.
It properly solves scaling problems without the addition of bankster incentivised code.
People will realise soon enough BCC will never be this cheap again and sell their BTC for BCC.
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At the time of the fork any one who is short bitcoin on Kraken (and I imagine any other exchange supporting bitcoin cash) will be debited an equal amount of BCH.
example: margin sell (short) 10 XBT/USD = -10 BCH (short xbt, long usd)
Because of this, there is absolutely no way to break even off of a Bitcoin short, let alone profit. Essentially, this is going to force everyone who is currently short to close their position, which obviously means they have to buy bitcoin. All of this demand will almost certainly cause the price to rise, no?
In theory we should be seeing a pretty sizable short squeeze prior to the fork.
Or am I missing something big?
In my theory we should be like this : Before splitting everybody will buying more Bitcoin,because after splitting they will get a clone from chain split and that thing can be sell in any exchanger that support it such as kraken,bitfinex and other exchanger. For example : We have 10 BTC in our cold storage,after chain split we will get 10 BTC+10BCC/BCH,and when everything is fine(we can do a transaction) i think more likely we will see another decline for BTC because some whales should be thinking how to pump BCC/BCH first before get out from that boat. So,based on my statement above all that i can see is we will see another long squeeze because of BCC/BCH existance but i will not last long. wont it be more likely to rise (btc) from people dumping bcc to buy more btc? No it will be exactly opposite. People buy BTC now to have that BCC and sell it for more BCC as it is super cheap. It's an opportunity to get rich real fast. BCC is the only elegant solution. Nobody with deep understanding would support BTC and their bankster bought developers. |
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This is one of the best times to make big money really fast.
Buy BTC now, on 1st of August you will have x BTC and x BCC.
You sell your BTC to get a whole lot of BCC while the price is still super cheap. Watch people panic as their BTC plummets and your Bitcoin Cash grows exponentially.
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Now that Bitcoin Cash has hit some of the exchanges already we can see how much demand there is for Bitcoin Cash. The value shot up to $400 dollar already! It will be a matter of weeks before it's on par with the crashing Bitcoin.
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