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Author Topic: Why you should keep hold of your BCC after Aug 1st  (Read 1186 times)
Skarner21
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July 30, 2017, 11:21:04 PM
 #21

I think much better to stay with btc instead of holding both BTC and BCC but maybe my mine will switch to bcc depends on the situation but for now i still waiting too for august 1.. but i am thinking to better to stay use btc instead i thought that they are not splitting the network and they are just activating the segwit and its just a piece of code and now there is new news about bcc..
And i think they are just few are holding bcc after august 1..

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 31, 2017, 03:54:07 AM
 #22

Just hold both your BTC and BCH. If there really is a back room conspiracy for BCH to take over from BTC you will be able to see it coming, just watch the hash rate on both chains. Since the Chinese mining cartel controls the majority hash rate you can not rule out a black swan event.

Ya try to hold you Btc after August 1.Why because, anything may happen. No one know that.Either may increase in bitcoin price or else the bitcoin may change to BCC.I.e ,Bitcoin will be replaced by another altcoin. Their is a possibility for both. So keep calm till August 1.

 
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July 31, 2017, 04:22:27 AM
 #23

An interesting blog post from Michael Krieger on a possible scenario after the August 1st split.

https://libertyblitzkrieg.com/2017/07/28/is-the-bitcoin-civil-war-over-heres-how-im-thinking-about-bitcoin-cash/



One question. Who is Michael Krieger and why should we listen to him? From his website I cannot help but believe that he wants validation from his thoughts and ideas. I am not saying he is a bad person or his ideas are bad. I am saying that we should not be taking someone's opinions as truth right away.

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July 31, 2017, 04:25:31 AM
 #24

Just hold both your BTC and BCH. If there really is a back room conspiracy for BCH to take over from BTC you will be able to see it coming, just watch the hash rate on both chains. Since the Chinese mining cartel controls the majority hash rate you can not rule out a black swan event.

Ya try to hold you Btc after August 1.Why because, anything may happen. No one know that.Either may increase in bitcoin price or else the bitcoin may change to BCC.I.e ,Bitcoin will be replaced by another altcoin. Their is a possibility for both. So keep calm till August 1.

You will need to sit on your BCH for a number of months most likely. Patience.

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July 31, 2017, 04:29:56 AM
 #25

Just hold both your BTC and BCH. If there really is a back room conspiracy for BCH to take over from BTC you will be able to see it coming, just watch the hash rate on both chains. Since the Chinese mining cartel controls the majority hash rate you can not rule out a black swan event.

Ya try to hold you Btc after August 1.Why because, anything may happen. No one know that.Either may increase in bitcoin price or else the bitcoin may change to BCC.I.e ,Bitcoin will be replaced by another altcoin. Their is a possibility for both. So keep calm till August 1.
LOL, I can sure 100% all happens until today are scenario from whales + exchange, they want we sell all our altcoin before August 1st or after that time. So, today Poloniex has up the rate fee loan offer for kill margin trader as me, from 0.1%/day to 5%/day Angry

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