BBT Carter discusses Bitcoin Hardfork basic Mechanics and Scenarios after Aug1

[alumar]

https://www.youtube.com/watch?v=dpPUOUq02Nw

BBT Carter discuss Bitcoin Hardfork basic mechanics and scenarios related to BTCC and why the probability of it will fail initially hard.

*Effectively a 16.4m instamine scenario
*Previous Airdrop on mass audience coins (auracoin) did not do so well
*Nobody (community) really asked for this, being forced
*Prescriptive answers in few interviews by folks representing BTCC and elusive when asked who else wants/backs it (sounds a lot like other failed entities)
*Predicated very much on speculation and hoping people are grateful for a quick 'gift' of value

[iamTom123]

Nobody is asking for BitcoinCash that is true and that is why it is destined to fail because of lack of community support. I am looking at it more as a distraction rather than possessing any real intrinsic value. A coin these days can easily survive if there is a strong and loyal community or group of people supporting it...this fact is true with another BCC which is BitconnectCoin as it remained green when all the other coins are already red and its value continued to stay afloat on almost the same level right when Bitcoin and Ethereum as well as many altcoins are retreating fast.

[chixka000]

Nobody is asking for BitcoinCash that is true and that is why it is destined to fail because of lack of community support. I am looking at it more as a distraction rather than possessing any real intrinsic value. A coin these days can easily survive if there is a strong and loyal community or group of people supporting it...this fact is true with another BCC which is BitconnectCoin as it remained green when all the other coins are already red and its value continued to stay afloat on almost the same level right when Bitcoin and Ethereum as well as many altcoins are retreating fast.

Exactly that is really happening right now. I myself was not so sure about it in the first place when they announce it and was also choose to rather not to do the fork

[williamuk]

https://www.youtube.com/watch?v=dpPUOUq02Nw

BBT Carter discuss Bitcoin Hardfork basic mechanics and scenarios related to BTCC and why the probability of it will fail initially hard.

*Effectively a 16.4m instamine scenario
*Previous Airdrop on mass audience coins (auracoin) did not do so well
*Nobody (community) really asked for this, being forced
*Prescriptive answers in few interviews by folks representing BTCC and elusive when asked who else wants/backs it (sounds a lot like other failed entities)
*Predicated very much on speculation and hoping people are grateful for a quick 'gift' of value

That sounds about right

[alumar]

We will cover the post event too and see how it goes ... More to come this next week.