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I think about it in a different way. The fact that a certain amount of BTC is also the same amount of BCC is tied to a specific way of owning bitcoins (i.e. "ph

I think about it in a different way. The fact that a certain amount of BTC is also the same amount of BCC is tied to a specific way of owning bitcoins (i.e. "physical" bitcoins in a wallet). But when you buy a certain amount of BTC on coinbase, you will just buy that abstract amount, there is no wallet tied to you, in the same way that when you have money in a bank you don't own any specific bill. The bank may not even have that amount, at least not in the form of physical cash. To continue the analogy, let's say that the Central Bank says "in order to fight fake bills, whoever brings old 20 USD bills will get back a new 20 USD bill PLUS a 20 EUR bill." If you have 1000 USD in a bank, are you automatically entitled to 1000 EUR, or are you supposed to get first the bills from the bank ? And if you do, should the bank give you old bills or can it give you the new bills ?

newman8r 9y ago
That's a fair analogy. I think implementing the features some people are asking for creates a myriad of additional issues that should be individually considered. Dealing with this on a case-by case basis (as they seem to be doing) makes more sense. It might have been nice if they gave more advanced notice, but in my opinion they shouldn't be expected to give ANY notice of this type of thing. I think they're handling it well.
- DSMan195276 9y ago
  I would agree, and I would add that people seem to be ignoring that BCH is extremely unstable right now. They've only mined ~18 blocks since inception two days ago (Normal is ~144/day), and the fact that a single Reddit post was capable of keeping miners for mining for a full 12 hours seems to indicate that the hashing power is hardly distributed. Even exchanges that are supporting BCH aren't allowing deposits or withdrawals right now for this reason. So even if Coinbase did allow people to withdraw BCH, they currently couldn't use it for anything (Because Coinbase is not trading BCH), and they'd be waiting hours or more likely days to reach enough confirmations to have any sense of security over the coins. So doing something about it now vs. considering doing something about it in a couple days after the dust settles makes little difference.

newman8r 9y ago

That's a fair analogy. I think implementing the features some people are asking for creates a myriad of additional issues that should be individually considered. Dealing with this on a case-by case basis (as they seem to be doing) makes more sense. It might have been nice if they gave more advanced notice, but in my opinion they shouldn't be expected to give ANY notice of this type of thing. I think they're handling it well.

DSMan195276 9y ago
I would agree, and I would add that people seem to be ignoring that BCH is extremely unstable right now. They've only mined ~18 blocks since inception two days ago (Normal is ~144/day), and the fact that a single Reddit post was capable of keeping miners for mining for a full 12 hours seems to indicate that the hashing power is hardly distributed. Even exchanges that are supporting BCH aren't allowing deposits or withdrawals right now for this reason. So even if Coinbase did allow people to withdraw BCH, they currently couldn't use it for anything (Because Coinbase is not trading BCH), and they'd be waiting hours or more likely days to reach enough confirmations to have any sense of security over the coins. So doing something about it now vs. considering doing something about it in a couple days after the dust settles makes little difference.