Could bitcoin based physical coins gain value if BCC reigns supreme?

[HabBear]

As asked, would bitcoin based physical coins gain appreciation by having reference to the non-dominant chain (even though technically they could be cashed in for BCC)?

They'd become more rare because future coin creations are likely to be in BCC.

In the same theme, would the first BCC based coin be an incredible addition to any serious collector's stash?

[isoneguy]

yes. do you want to know why?

do you know how forks work?

you'd have to create a new blockchain to fully remove yourself from this one.

otherwise it's not a chain.

although technically you could truncate...but we won't get into that.

[Fattcatt]

truncate: to shorten by cutting off a part....like Lorraine Bobbit did. 

[Fattcatt]

Didn't a bunch of Chinese and other miners sign some sort of an agreement to make BCC a "competitive currency"? I'm almost positive I read that somewhere. And, correct me if I'm wrong, if it's going to be another currency.....then don't the "bankers" and "wall street elitest" win by taking away the very reason Satoshi developed Bitcoin in the first place?   

[krogothmanhattan]

FATTCATT you are 100% right..and hope that they do not win

[kalodu]

FATTCATT you are 100% right..and hope that they do not win

There is zero chance of that happening, everyone is already planning to sell it for free money.

[krogothmanhattan]

FATTCATT you are 100% right..and hope that they do not win

There is zero chance of that happening, everyone is already planning to sell it for free money.

Sell what for free money? Explain please

[owlcatz]

I guess they are talking about Bitcoin Cash, but IDK for sure.

[European Central Bank]

has bitcoin cash even infected this section? this is sad.

in terms of casascius coins at least, maybe it doesn't matter what happens to bitcoin itself any more. they're an iconic representation of something that's gonna be in the history books regardless.

and bitcoin cash is no threat to bitcoin.

[wheelz1200]

I stopped reading after "reign supreme".

[HabBear]

has bitcoin cash even infected this section? this is sad.

in terms of casascius coins at least, maybe it doesn't matter what happens to bitcoin itself any more. they're an iconic representation of something that's gonna be in the history books regardless.

and bitcoin cash is no threat to bitcoin.

Not directly, but there was some meandering off topic, thanks for bringing us back.

So you don't think Casascius coins will gain more value if BTC becomes the less dominant chain? If this fork occurs to it's full intent I bet we'll see a bunch of shit physical coins with "BCC" all over them pop up.

[Fattcatt]

Well, when you're the FIRST....that's, you're the first....everything after that grows from the seed of Core, nothin' can take that away or change whats already happened. Unless, of course, you have a time machine.

[OgNasty]

If this fork occurs to it's full intent I bet we'll see a bunch of shit physical coins with "BCC" all over them pop up.

May god help the first person who tries to release a BCC physical coin on these boards...  The trolls are probably already sharpening their pitchforks.

[syclone]

FATTCATT you are 100% right..and hope that they do not win

There is zero chance of that happening, everyone is already planning to sell it for free money.

Sell what for free money? Explain please

When you hold your BTC on whichever exchange / Trezor / Ledger you will get 1 BCC for every 1 BTC you have.  BCC is expected to trade around $100-200 possibly at open... and yes most people plan to dump it immediately for the free money.  Below is a article that discusses it.

https://blog.ledger.co/securing-your-free-bitcoin-cash-stash-d50aff765688

[JUPITYR]

Depending upon how things go after the fork, there could definitely be a premium for coins funded prior to August 1st, 2017 since they will contain coins that can be redeemed on either chain.

The question I have is what about unfunded BTC denom coins that are funded after August 1st....do they still technically work on both chains?  Or are you funding them with either BTC or BCC?

So for example...on August 5th, I fund one of my previously unfunded Lealana 0.1 brass tokens with BTC.  Since the chains are identical, could I take that coin I funded on BTC and cash it in on BCC's chain as well?  Or are the two chains only identical up to the point of the split on August 1st? 

[krogothmanhattan]

FATTCATT you are 100% right..and hope that they do not win

There is zero chance of that happening, everyone is already planning to sell it for free money.

Sell what for free money? Explain please

When you hold your BTC on whichever exchange / Trezor / Ledger you will get 1 BCC for every 1 BTC you have.  BCC is expected to trade around $100-200 possibly at open... and yes most people plan to dump it immediately for the free money.  Below is a article that discusses it.

https://blog.ledger.co/securing-your-free-bitcoin-cash-stash-d50aff765688

That is nice. Why not hold on to both? I mean all my coins will have both, and since I do not have plans on selling any BTC the new BCC will be an alternative investment. What if it climbs in value as well in time? Better than going to FIAT money.

[Fattcatt]

If BCC grows in acceptance, thenBTC will eventually be shut out, or the chain will no loger support it. I think thats the idea behind enguaging SegWit2. The first SegWit  they wanted to enguage will do a soft fork....which, I think, is the one (if theres absolutely going to one or the other started up) that we want to start. Thats the one that will do a soft fork.

I'm guessing the BTCblockchain will be unstable for days...maybe even weeks...before we actually see how it reacts to everyone screwing with it. No one knows for certain which of the programs/in this PROGRAMMING WAR/ will manage to hold control. Which will give way to the other, at any specific point. My guess is, that all the best things of BTC will be targeted by ALL the participants in this PROGRAMMING WAR. Ultimate control will be the "spoils" and only 1 will win. As for my statement about the Chinese and a shit ton of miners signing an agreement to keep BCC a "competitive currency" it is relevant. THEY, the Chinese have been trying to knock out the American Dollar as the Global "standard" since the beginning of time. And if you think for 1 minute, that THIS wasn't part of the plan all along....you're sadly mistaken. IT'S ALL ABOUT HAVING CONTROL OFBTC....who will be the victor to control the future...$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

The Chinese, Core supporters, Bitcoin Unlimited, BCC...all of these people have: Programmers. The one who has the SMARTEST one, the most forward thinking one, a real stratigic thinker...will probably win.

Absolutely no thought whatsoever has gone into "what happens to the original BTC"? Therefore, at some point, we may ALL have to crack our graded coins and peel them, weather we want to or not. Or lose our azzes. Even if no ne else will say it. Soft fork? Hard fork? Our survival, Core, depends on which Segwit programmer out-thought the other and covered more "if-then" logic, and trapped the other in a never-ending loop. Digital programming war....plain and simple. Bitcoin is going to get schitzophrinic (sp?) and only after it smoothes out will we be able to know if we have to get crackin' or not.


Or....maybe I'm just wrong.

[Chainsaw]

You hold the private keys. This gives you full choice. That is inarguably superior to having less choice.
The effect for Casascius coins is net positive.

[av8rjeff]

Didn't a bunch of Chinese and other miners sign some sort of an agreement to make BCC a "competitive currency"? I'm almost positive I read that somewhere. And, correct me if I'm wrong, if it's going to be another currency.....then don't the "bankers" and "wall street elitest" win by taking away the very reason Satoshi developed Bitcoin in the first place?   

It is my belief that things are quite the opposite!  I think the "bankers" and "wall street elitists" are backing the soft fork.  Here's why.

Segwit is CRAP!  It's a bill of goods being sold to all of us that don't really educate ourselves on the tech (95% of BTC users, including myself).  We are gullible and easily manipulated.  It solve some problems that we are suffering through, so on the surface we're all glad to have it, but it's a band aid at best.   

Bitcoin CAN scale all by itself.  Don't need Segwit.  Don't need lightning network.  It can scale right now.  BUT it needs a hard fork, which is a big deal to be sure, but not as big a deal as the Segwit camp makes it out to be.  Bitcoin as hard forked several times already.

Here's the deal...Segwit was better marketed.  Period!  And why?  I think Bitcoin Core sold out.  I can't prove it.  I have no evidence, but there is no other answer in my mind.  They could have written the code to scale and compete with Visa/MasterCard on transaction per second and give us low, low transaction fees.  But they didn't.  Why? 

This is why BCC was born, to be the Bitcoin we all really want.  Fast/instant transactions with low fees.  Segwit/Lightning won't/can't do this!

But I'm no expert and you're welcome to hate on me for this opinion.  I just try to listen to as many experts as I can and then read between the line.  Time will tell.  And for the record...I hope I'm wrong.

Sorry, I'm done rambling. 

Cheers all.


 

[krogothmanhattan]

Fattcat..chainsaw..av8..all excellent points! I am no expert either..that is why I will hold on to both. If one drops and the other rises..I will be covered. My btc will stay in my cold storage and I will ride the wave. Godspeed to BTC