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Author Topic: Bitcoin Cash! Dead on Arrival?  (Read 3097 times)
IamHigh
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July 30, 2017, 11:08:39 PM
 #41

If bitmain and jihan wu supports bitcoin cash, it will never be dead on arrival, I guess. It will have a value and as they support it, the value will increase. But here, I don't think bitcoin cash will race with bitcoin. Bitcoin is in another level that none of the others can touch.
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July 30, 2017, 11:09:03 PM
 #42

People only care how to make more profits, and bcc will come and give us free cash. So, bcc may get dump on arrival but not dead obviously because some people or investors could use it as a speculation or distraction to make people invest on it. There are some possibilities about bcc, but I am sure we will struggle to cash out because not all exchanges support bcc, only few exchanges will do.
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July 30, 2017, 11:20:31 PM
 #43

My local exchange also told as via their social media that they will not support the new chain (bitcoin Cash) and they said that they will remain on the bitcoin only. I do not know that what will happen in the future but it is sure that no one will want bad for bitcoin and it will go for success.
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July 30, 2017, 11:22:34 PM
 #44

It seems from the look of things, all exchanges are not ready to support Bitcoin Cash in any way.

Most of the exchanges I makes use of for now, except bittrex has sent me an email stating they will not in anyway be supporting bitcoin cash and have asked users who wish to make use of bitcoin cash to please withdraw their cash before the fork day.

So my question is, does this mean bitcoin cash is dead on arrival? Does this spell doom for the forked currency already? From your point of view, do you think there may be a chance in the future for bitcoin cash?

Even if it survives the few first days after the fork, will you be converting your BCC to BTC immediately or will you leave it hoping the value will eventually be worth the keep?

I know Localbitcoins is supporting Bitcoin Cash, but can almost guarantee you that it will be "dead on arrival".

Seriously... who or where have you seen anyone supporting it? I have not seen a single instance where someone was excited about Bitcoin Cash... and given that price falls when there is little demand, count on Bitcoin Cash to become worthless.



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LTU_btc
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July 30, 2017, 11:27:11 PM
 #45

So far I didn't decided what I will do with my BCC, sell it after I get it, or hold. I'm afraid that it will be dumped, people just will sell their free coins. But on the other hand, I believe that Bitcoin Cash have enough support to not get dumped instantly. I have some fears about what will happen, but anyway, I don't have anything to loose.

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July 30, 2017, 11:46:07 PM
 #46

Not many people believe that bcc is going to save bitcoin, bcc is going to destroy bitcoin reputation and they didnt know what to do with this coin,  many people are trying to dump it when they got the opportunity, I dont think bcc is going to be around for a long time
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July 30, 2017, 11:50:33 PM
 #47

Not many people believe that bcc is going to save bitcoin, bcc is going to destroy bitcoin reputation and they didnt know what to do with this coin,  many people are trying to dump it when they got the opportunity, I dont think bcc is going to be around for a long time

I'll have my popcorn ready during the fork and watch the dump in progress, the real question is where will the dump end, eventually even if its for less than a dollar people will buy it up and it will probably survive in some function.
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July 31, 2017, 12:20:53 AM
 #48

Not really, I've seen some support for Bitcoin Cash here and there. There's a number of wallets and exchanges that already accepts it. There are also some websites on Bitcoin Cash. However, I can see that a majority of the Bitcoin supporters intend to just dump it immediately after the split. Most are still loyal to Bitcoin and think that Bitcoin Cash won't prosper at all. It's hard to tell what the future lies for Bitcoin Cash, but perhaps it will be considered as a new coin or altcoin. If it improves then and many crypto users decide to support it, then it is possible to have more wallets and exchanges for it.
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July 31, 2017, 12:32:59 AM
 #49

Anyone that doesn't want their BCC just send it to me  Grin
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July 31, 2017, 12:36:44 AM
 #50

Anyone that doesn't want their BCC just send it to me  Grin

Me too!  Grin
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July 31, 2017, 12:47:26 AM
 #51

I doubt the BCC will last long, or just a junk coin. Very popular but after the 1st of August they will throw it away.
Except, the price of BCC is not much different from BTC. It can be a good competition like ETH and ETC.
I still believe BTC is King. BTC

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July 31, 2017, 12:56:45 AM
 #52

Sooooo ... I'm wondering why anyone would actually want this BCC?

First and foremost, it's going to be a centrally controlled coin.

Bitmain will be WELL over the 51% mining level on the coin, so it already fails the biggest security issue of all .......

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July 31, 2017, 05:52:40 PM
 #53

It is getting messed up majorily right now with the different time zones.

Some are trading it as they received it already in the split from their owned bitcoin they held.
While others have not received them yet depending on the exchange or wallet they have them on.

It is just chaotic right now. Undecided
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July 31, 2017, 07:05:36 PM
 #54

It seems to me that BCC project is a backup option for November.
In 3 months the issue of increasing the blocksize will arise with a new severity.
At this time, the BTC-BCC dilemma will be relevant.
Not tomorrow. 3 months to dump and accumulation  Grin
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July 31, 2017, 07:18:18 PM
 #55

Maybe not instant dead,exchanges need to see is is secure.BCC is wild development,it was not enough tested
Take in to considaration that the end of segweet activation is 24 aug

 
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July 31, 2017, 09:56:14 PM
 #56

right now anything is happen so wait for upcoming few days to see what's going on. perhaps the biggest concern among traders, however, was not how the two assets would compete given a level playing field, but what might happen if the market doesn't provide such equity.
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July 31, 2017, 10:01:23 PM
 #57

So my question is, does this mean bitcoin cash is dead on arrival?

It's already dead as people are just thinking on the possible profit they can take upon getting bitcoin cash and will just dump it immediately.

From your point of view, do you think there may be a chance in the future for bitcoin cash?

No future at all and that's what I can see and majority will have to say that either.

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August 01, 2017, 12:06:17 AM
 #58

I'm skeptical about the exchanges that say that they won't support it.  It costs them nothing to claim it especially if they're holding BTC.  They might not list it, but im sure they'll claim and dump it.

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August 01, 2017, 12:26:42 AM
Last edit: August 01, 2017, 01:56:26 AM by descarte
 #59

BCC is a move by china miners, exchanges and asics producers to double or triple their earnings. They made it sound like a legitimate idea to scale bitcoin but with a very greedy hidden agenda.

Whoever supports BCC will further support centralization of mining in china, giving them the mandate to further control and dictate the future of cryptocurrencies. Might as well give them our wallet and let them tell us how much money is worth in there. The last thing we need is more centralization. I do hope the whole world can boycott BCC, let the price of BCC drop to the bottom and send a strong signal to bitmain and their gang. Cryptocurrencies belong to the world, not china.

Traders might play around with it for a start, but will eventually die off if the world don't support it.

If you do run a blog or news site, consider spreading the news to not support BCC.
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November 30, 2017, 07:44:24 PM
 #60

Guys check BCC in Bittrex dips at -19%. What do you think? Huh

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