Whats up guys. Trying to piece together whats going on with crypto and wanted to see what other people thought about what I was thinking was going on.
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(
https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
So it's based on your speculation that rehistory will happen after chain split and we will see another decline in 9 months like we did in the past ?
Here's my answer for every of your points :
* Even thought BIP has 80% but
20% people still believe in BCC because of profitability and network speeds,it's not they're low knowledge or stupid but they do it purposely,20% who's choosing to support BCC wasn't an idiot they're 'the big miners'.they do it because they 'believe' that Bitcoin has no future and a lot of problem will happen in the future.Just like Garvin back then shilling about Bitcoin,they're in the same team.
*I don't think so,on contrary Bitcoin price slowly climb up.it happened because some of them already regained their confident about Bitcoin because of BIP and some of them don't wanna to miss the
Airdrop ( easy money obviously )
*Another drop may be will happen after splitting,but that won't that deep because some people not that stupid to sell their Holding just for Clone