Some theories about bitcoin price because of BCC airdrop

[nightrider]

What is the benefits for an exchange to add BCC if the majority of BTC holder that will get BCC airdrop will just immediately convert it to cash in able to buy BTC? It is absurd to hold BCC or have a consistent trading volume since all the coin comes in free. It is risky to buy or support this kind of coin. I will not be surprised if one day this coin will pump instantly and dump after there are investors traps.

BCC comes from BTC, if BTC is still the same value, BCC will become the currency that will be received free of charge. How does a free coin start valuable? impossible. BCC can not develop this way.

[SONG GEET]

Right now : people are buying back bitcoin with whatever cash they have and nobody is willing to sell their bitcoins to get free BCC after split.
After split : people will first sell their bitcoins to cashout profit in this pumped price and will wait till BCC will be listed in few exchange platforms to dump it.

BTC price can go downwards after split but it will eventually recover when all BCC will be dumped hard.

[bit1]

What is the benefits for an exchange to add BCC if the majority of BTC holder that will get BCC airdrop will just immediately convert it to cash in able to buy BTC? It is absurd to hold BCC or have a consistent trading volume since all the coin comes in free. It is risky to buy or support this kind of coin. I will not be surprised if one day this coin will pump instantly and dump after there are investors traps.

BCC comes from BTC, if BTC is still the same value, BCC will become the currency that will be received free of charge. How does a free coin start valuable? impossible. BCC can not develop this way.

That also depends on the acceptance and use that is given, Having said that I really do not think that BCC can exceed to BTC because it overcomes and outstrips the other, Also  is still too early to anticipate anything else since it is barely found in two markets, As time goes things will be clearer.

[Ahmat faisol]

There may be other thoughts if the early bcc is for free to measure the next price level.
Like I will save my bcc to wait for the pumping continued from this coin.
Like his btc in the beginning only a handful of people who know and his price is very cheap now a sky does not close the possibility of bcc will also be famous.

[maokoto]

I did not know that bcc was still in the market, surprised to see it in ViaBTC. It is hard for me to think that it will raise when lots of people get chep BCC in the fork. Most likely it is going to go much lower than it is now, and right now it only has 1/9 of the BTC value...

[ElitistCA]

What is the benefits for an exchange to add BCC if the majority of BTC holder that will get BCC airdrop will just immediately convert it to cash in able to buy BTC? It is absurd to hold BCC or have a consistent trading volume since all the coin comes in free. It is risky to buy or support this kind of coin. I will not be surprised if one day this coin will pump instantly and dump after there are investors traps.

BCC comes from BTC, if BTC is still the same value, BCC will become the currency that will be received free of charge. How does a free coin start valuable? impossible. BCC can not develop this way.

So, I predict after distribuite Bitcoin Cash, the price of Bitcoin and Bitcoin Cash are drop more. Because when have "new" Bitcoin make the price of old Bitcoin split to 2 parts, and maybe the whales will take advantage this situation for control the price of Bitcoin.

[PokerFace3]

Chain split will be non event as only soft fork is going to happen on august 1. Still, I like to debate on what is going to happen with new currency BCC.
I guess obtaining BCC might not be similar to airdrop as only for the bitcoins we are holding, we may get equivalent amount of BCC not more and not less hence the value also will be similar to BTC in the beginning days and based on demand it may beat BTC in value or not.

[MiF]

as you may know bitcoin cash hard fork on August 1 is a possibility to happen and a couple of exchanges said they may add it.
from what i have been hearing, people will treat it mostly like any other airdrop altcoin and will start selling.

in this topic i want to explore the scenarios that may happen because of it.

1. people sell BCC to fiat and use that fiat to buy bitcoin or at least use some part of that fiat to buy bitcoin and bitcoin price rises. which is already rising and this can be in anticipation of that.

2. this scenario only works under one condition: there should be NO BCC/USD market and only BCC/BTC market. in which case people may sell their BCC for BTC then sell that BTC or part of it for fiat and that may cause some dips in bitcoin price.

3. it doesn't matter at all. bitcoin price is already rising, nobody is taking BCC seriously and bitcoin price will continue rising because it had all its FUD and downtime already and SegWit is coming...

i say #1 is the most probably scenario. tell me what you think?

I really agree to the first theory but for my own opinion the third one is what I really think I don't really care about the BCC ,
I just think that after this whole SegWit and FUD thing is done the price would pump up and the transaction would be faster that's what I really hope for.

[Wind_FURY]

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.

I missed this post. Now I know why you are always bearish when it comes to Bitcoin. You are one of them big blocker supporters of Gavin Andersen, Roger Ver and the Chinese mining group. Good luck to you and BCH kwukduck, I really mean it. It is time to go our separate ways.

[naughty1]

Bitcoin is split, so its value will also be divided, BCC and BTC will carry different values, but I think BCC will carry a very low value. A free gift can not carry a high value. Market capitalization does not allow that.

[azguard]

Bitcoin is split, so its value will also be divided, BCC and BTC will carry different values, but I think BCC will carry a very low value. A free gift can not carry a high value. Market capitalization does not allow that.

At he end we will all sell this free gift and convert it to bitcoin. Considering this gift as free money most will change momentary to bitcoin some will hope BCC will go up but when all drop it price will go down this is some feeling about it and dont think this will be better. Dont know how much is the price that some predict but my prediction is that will be much lower then current one on coinmarketcap.

[HanvanBitcoin]

Bitcoin is split, so its value will also be divided, BCC and BTC will carry different values, but I think BCC will carry a very low value. A free gift can not carry a high value. Market capitalization does not allow that.

At he end we will all sell this free gift and convert it to bitcoin. Considering this gift as free money most will change momentary to bitcoin some will hope BCC will go up but when all drop it price will go down this is some feeling about it and dont think this will be better. Dont know how much is the price that some predict but my prediction is that will be much lower then current one on coinmarketcap.

Exactly. 16 million pieces of the new BCH / BCC  * 380 euro (current price Kraken) = 6,080 Billion euro! Where would that money ever come from?

No way price will stay this way when BCH / BCC deposits to exchanges are availeble. Dump for a good price while you still can 

[krizniq]

currently 600usd on kraken

I think it's quite good times for those which had btc out of exchanges

[Saichoukyushin]

Bitcoin is split, so its value will also be divided, BCC and BTC will carry different values, but I think BCC will carry a very low value. A free gift can not carry a high value. Market capitalization does not allow that.

At he end we will all sell this free gift and convert it to bitcoin. Considering this gift as free money most will change momentary to bitcoin some will hope BCC will go up but when all drop it price will go down this is some feeling about it and dont think this will be better. Dont know how much is the price that some predict but my prediction is that will be much lower then current one on coinmarketcap.

Maybe its too hard to predict its price but knowingly it will be the trend for now so the attention of traders will also split in two BTC and BCC . But like you said this is a free money or gift it will dump in a certain time so its better to hold it and sell in a good price .

[Silberman]

as you may know bitcoin cash hard fork on August 1 is a possibility to happen and a couple of exchanges said they may add it.
from what i have been hearing, people will treat it mostly like any other airdrop altcoin and will start selling.

in this topic i want to explore the scenarios that may happen because of it.

1. people sell BCC to fiat and use that fiat to buy bitcoin or at least use some part of that fiat to buy bitcoin and bitcoin price rises. which is already rising and this can be in anticipation of that.

2. this scenario only works under one condition: there should be NO BCC/USD market and only BCC/BTC market. in which case people may sell their BCC for BTC then sell that BTC or part of it for fiat and that may cause some dips in bitcoin price.

3. it doesn't matter at all. bitcoin price is already rising, nobody is taking BCC seriously and bitcoin price will continue rising because it had all its FUD and downtime already and SegWit is coming...

i say #1 is the most probably scenario. tell me what you think?

It seems scenario 3 is the one happening and the one I believed before everything happened, no one cares about this new altcoin, it was created by the miners for the miners no one was asking for such a coin and when a coin has no market then there is only one thing for that coin to do and that is to disappear and be remembered as just another coin.

[chip1994]

Bitcoin is split, so its value will also be divided, BCC and BTC will carry different values, but I think BCC will carry a very low value. A free gift can not carry a high value. Market capitalization does not allow that.

At he end we will all sell this free gift and convert it to bitcoin. Considering this gift as free money most will change momentary to bitcoin some will hope BCC will go up but when all drop it price will go down this is some feeling about it and dont think this will be better. Dont know how much is the price that some predict but my prediction is that will be much lower then current one on coinmarketcap.

Maybe its too hard to predict its price but knowingly it will be the trend for now so the attention of traders will also split in two BTC and BCC . But like you said this is a free money or gift it will dump in a certain time so its better to hold it and sell in a good price .

The market always like doing the opposite our hope and it has prove that's right after reach to value $1000/BCC in past days. So, I think BCC will make trader surprise more in next time with new highest value even pass top 1 Bitcoin in short time

[withche.07]

I think third scenario is the most likely to happen. People in crypto markets create worth to all coins. So fork doesn't really mean huge drop for original bitcoin. And bitcoin cash can become valuable as well.

[krizniq]

I kind of believe internally about this scenario:

BCC involved ppls are waiting for regular Joe which will "dump asap everything and buy BTC" which means BCC will sink, BTC will rise.
in some moment all those BCC waiting ppls (and they are whales as well - miners) will dump BTC and rebuy this cheap BCC which will multiply their crypto holdings by 10-20times

BTC dump of course may trigger panic mode for regular Joe which will run headless around.

dunno, but it makes sense for me, not sure what i'll do with my btc and bcc yet, everything is just what if

[jostorres]

currently 600usd on kraken

I think it's quite good times for those which had btc out of exchanges

Why it is good idea I mean why? Like you should see the status which is greened by bitcoin that everything is perfectly clear so go for trading investing there is no risk. There is no risk even in online exchanges neither in random exchanges so I would like to say that you didn't see the part what they have posted I would like to say that go for that as well.

[Silberman]

I kind of believe internally about this scenario:

BCC involved ppls are waiting for regular Joe which will "dump asap everything and buy BTC" which means BCC will sink, BTC will rise.
in some moment all those BCC waiting ppls (and they are whales as well - miners) will dump BTC and rebuy this cheap BCC which will multiply their crypto holdings by 10-20times

BTC dump of course may trigger panic mode for regular Joe which will run headless around.

dunno, but it makes sense for me, not sure what i'll do with my btc and bcc yet, everything is just what if

Not a bad theory but the problem with it is that at the end the miners end with a bunch of BCH that no one wants so unless they can sell that for a profit then their plan is going to fail and instead of earning a lot of money they are going to lose a fortune, that is why I’m not sure I buy your scenario but at least that could be an explanation of why is happening what it is happening.