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Author Topic: The meaning of BTC+BCC=$3000  (Read 938 times)
stevebc
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July 29, 2017, 01:24:08 PM
 #21

It's a coincidence, noone knows how the BTC/BCC price ratio will playout over the next few weeks.

I personally hope BTC will rise over $3000 once segwit activates, so that would require a negative value for BCC - does not seem likely:)

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AK47-
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July 29, 2017, 04:06:35 PM
 #22

Is it a coincidence current bitcoin price ($2573) plus the speculated price of the upcoming bitcoin cash ($453) is just above bitcoin all time high (Combined $3026 compared to all time high approx $3000)?

Is the valuation of bitcoin cash already included in current bitcoin price? If that's the case, then it might not change much on aug 1. My experience is that known upcoming events often are included in price long before it actually happen.
BCC price is what miners have decided. It isn't related to Bitcoin price. Miners would have priced it $3000 if they wanted. It is their choice. The price would be decided by the holders after 1st August. Most probably their would be huge dumping because Bitcoin community isn't really welcoming to the fork and BCC. Bitcoin will keep on surging independently.
I remember the price of Bitcoin Cash has set on exchange of ViaBTC with rate $400/BCC. So, have some people tell when the price of Bitcoin falldown from $2800 to $2400 is the price of BTC + BCC = 2400 + 400 = $2800 for all Bitcoin. But I think Bitcoin Cash not involve Bitcoin (in current), this just is an altcoin future creating by a pool mining and the value is unknown
At present BTC+BCC doesn't make sense as fork hasn't taken place yet. BCC price was set by ViaBTC and not by community itself. Let it come to the market and see how community reacts to it. Most probably as everyone here is speculating, the price will turn to nothing. Then according to BTC+BCC = $3000. BTC will be at $3000 when BCC would be 0.  Tongue
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July 29, 2017, 04:52:17 PM
 #23

Is it a coincidence current bitcoin price ($2573) plus the speculated price of the upcoming bitcoin cash ($453) is just above bitcoin all time high (Combined $3026 compared to all time high approx $3000)?

Is the valuation of bitcoin cash already included in current bitcoin price? If that's the case, then it might not change much on aug 1. My experience is that known upcoming events often are included in price long before it actually happen.

I think that will not happen, with a split, these 2 coins will be worth a lot less. That is what we should weigh message, BTC + BTC <$ 3000.

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