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This should be very interesting. It's quite possible that this fork is negligible for awhile. But because parties such as Core will likely refuse to let the se
by ve55 9y ago
This should be very interesting.
It's quite possible that this fork is negligible for awhile. But because parties such as Core will likely refuse to let the segwit2x part of segwit happen [1, many others], if the miners follow through on their promises, then this could be real entertaining to watch if the larger miners start switching to BCC during this later period.
Just like when ETH split into ETH and ETC, it seemed as if almost everyone dumped their ETC coins as quickly as possible. But contrary to what most predicted, the chain ended up having real value. It seems like quite a few Bitcoin holders are planning on doing this as well, although many are being more cautious this time around and holding their BCC instead.
You don't want to sell your stash of the next Bitcoin, just in case you're wrong. These things are impossible to predict for normal investors.
[1] https://en.bitcoin.it/wiki/Segwit_support https://en.bitcoin.it/wiki/Segwit_support
- danmaz74 9y ago> You don't want to sell your stash of the next Bitcoin, just in case you're wrong If you think that the price will first crash and then bounce, you might want to sell your stash and then buy it back at a lower price. To keep the price up it wouldn't be enough to have many who wait and see; you also need lots of buyers for all the BCC that will be sold by those who have BTC and will want to get something out of their BCC as soon as possible.