This is the final push before the baby Wu comes! lol

[digaran]

Looks like they're pushing the madam Wu,s belly as a final push to have 2 fat babies coming out 8-9 days from now, people now are buying for 2 reasons, [1]. to have more coins if split happened on both chains as possible.
[2]. to have bought more cheap coins if split was canceled and segwit landed on moon safe and sound.
Both sides are winners, you facking clever emperor Wu.

[pumpmydump]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

[European Central Bank]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

nah. no one other than that small group is interested in it. it might grow but the fact that coinbase has already rejected it and no major exchange has said they'll list it is enough for it to be a non event.

and haven't you noticed hardly anyone is talking about it? it ain't a market moving event.

[BrewMaster]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

this would have only been true IF BCC had any kind of half decent support from the community.
currently it has nearly no support. the only people supporting it is the 1 miner that is behind it, also the pocket behind this, the rest are spamming.

and don't confuse this with big blocks versus SegWit debate. this is something very different. this is creating an altcoin without any consensus from bitcoin.

[cellard]

Looks like they're pushing the madam Wu,s belly as a final push to have 2 fat babies coming out 8-9 days from now, people now are buying for 2 reasons, [1]. to have more coins if split happened on both chains as possible.
[2]. to have bought more cheap coins if split was canceled and segwit landed on moon safe and sound.
Both sides are winners, you facking clever emperor Wu.

This was also my theory. These two reasons are clear:

Segwit going in guaranteed (assuming the miners aren't suicidal enough to be fake-signaling somehow, but thats like 0.1% possibility) means that we are going to the moon by itself.


But then sore loser big blockers are parroting around their BCC hardfork. This means the shills are buying BTC to have BCC come august 1st, but ALSO the people that will attack the BCC fake chain are also buying BTC to dump BCC when the fork happens to get more BTC.

These vectors are all bullish and creating this great bull pressure which is going to last for a while. I think BCC hardfork will be a non event, no one really cares.

[ekoice]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

this would have only been true IF BCC had any kind of half decent support from the community.
currently it has nearly no support. the only people supporting it is the 1 miner that is behind it, also the pocket behind this, the rest are spamming.

and don't confuse this with big blocks versus SegWit debate. this is something very different. this is creating an altcoin without any consensus from bitcoin.

Absolutely,that would really be a stupid reason if it is said as reason for people buying bitcoins.The main reason is price is recovering because big whales have already finished buying cheaply available bitcoins for what they spread FUD.Now,every one has started realizing that this might be the last chance for buying bitcoins below $3000 and thats why,they have started to buy more bitcoins due to which such a huge increase in bitcoin price.

[fabiorem]

Split will cause inflation, so the price will decrease.

However, if the exchanges dump BCC, BTC will skyrocket due to SegWit.

[jjacob]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

This is not necessarily true. Supporters of both chains will dump the other coins and so we may witness some price decrease. But whether it might be cheaper to buy BTC + BCC after rather than BTC before, you really cannot say. The fork was good for ETC and ETH

[buwaytress]

Looks like they're pushing the madam Wu,s belly as a final push to have 2 fat babies coming out 8-9 days from now, people now are buying for 2 reasons, [1]. to have more coins if split happened on both chains as possible.
[2]. to have bought more cheap coins if split was canceled and segwit landed on moon safe and sound.
Both sides are winners, you facking clever emperor Wu.

You might end up being right here. Even if BCC ends up being valued, the price spike caused by extreme buying demand up to that point will more than make up for the drop of both (if this scenario plays up). Then it's just a patient wait for the sure climb again.

[pumpmydump]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

this would have only been true IF BCC had any kind of half decent support from the community.
currently it has nearly no support. the only people supporting it is the 1 miner that is behind it, also the pocket behind this, the rest are spamming.

and don't confuse this with big blocks versus SegWit debate. this is something very different. this is creating an altcoin without any consensus from bitcoin.

The pockets supporting BCC only need a few thousands bitcoins and you will see a big drop on the exchanges (not just them but also other speculators panic selling because of the price going down). If they have more it could get ugly

[Denker]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

this would have only been true IF BCC had any kind of half decent support from the community.
currently it has nearly no support. the only people supporting it is the 1 miner that is behind it, also the pocket behind this, the rest are spamming.

and don't confuse this with big blocks versus SegWit debate. this is something very different. this is creating an altcoin without any consensus from bitcoin.

The pockets supporting BCC only need a few thousands bitcoins and you will see a big drop on the exchanges (not just them but also other speculators panic selling because of the price going down). If they have more it could get ugly

You can be sure that every dumped BTC will be bought back pretty quick and BCC will go down into oblivion and that's it.
With SegWit being activated soon, Lightning Network already in further development ( Eclair Wallet, Bitfury test on BTC main net), Schnoor Sig coming, Confidential txn, etc. I can tell you without a doubt that every BTC you get for less than the actual price is a god damn gift! The smart guys know that! So you won't see a lower values BTC for a long time. Probably just a few days.

[Catnitam]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

nah. no one other than that small group is interested in it. it might grow but the fact that coinbase has already rejected it and no major exchange has said they'll list it is enough for it to be a non event.

and haven't you noticed hardly anyone is talking about it? it ain't a market moving event.

I saw in the reddit/btc, there are lots of talk about it. In the r/bitcoin, there is no talk.

[jk_14]

Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before

That is why you would ideally keep some and sell some for later repurchases. That way you get the best of both worlds.

[White sugar]

3 - Some people have more coins than what would be cashoutable by banks and don't want to keep the money in an exchange that has withdraws locked, so no other option other than stay in coins