[2017-07-26]ViaBTC Launches Bitcoin Cash, the UAHF Token - page 2.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: bouren on July 26, 2017, 11:31:25 AM

Quote from: hl5460 on July 26, 2017, 04:12:34 AM

Update: It seems inaccurate to call BCC futures as users already exchange it for cash on ViaBTC and OKEX, so I will stop trying to define it.

It is just a pretty attempt of marketing by launching coin as future of bitcoin. I can't imagine how horribly the community going to react after August 1 when it will be listed on major exchanges. 99% of users going to sell off right after acquiring the coins. Believe me, prices will be nothing more than 0.005 BTC in a week or so after release.

I have the same feeling when it comes to this new altcoin called Bitcoin Cash. It will be dumped so hard that its value will collapsed right before our eyes. anyway, this is just my opinion and not a sure thing since I am just human. Bitcoin Cash can just be a footnote of history.

bouren

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Quote from: Vishnu.Reang on July 26, 2017, 11:50:48 PM

Quote from: bouren on July 26, 2017, 11:31:25 AM

Believe me, prices will be nothing more than 0.005 BTC in a week or so after release.

Too early to say that. I heard that Bitmain (and its mining wing AntPool) is considering to support BCC. If that happens, then the value of BCC may rise sharply. And if Bitmain decides to support this coin, then at least some of the other miners may rethink their original decision.

Do you really believe its miners who make prices?? No bro, its real users like you and me who shape the prices. And when we talk about users, most of them have no sympathy for this new coin. Community still believes in bitcoin and wouldn't diverge towards Bcc.
" The folk power is much more than fork power. " Cheesy

iram1011

hero member

Activity: 896

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Quote from: Vishnu.Reang on July 26, 2017, 11:50:48 PM

Quote from: bouren on July 26, 2017, 11:31:25 AM

Believe me, prices will be nothing more than 0.005 BTC in a week or so after release.

Too early to say that. I heard that Bitmain (and its mining wing AntPool) is considering to support BCC. If that happens, then the value of BCC may rise sharply. And if Bitmain decides to support this coin, then at least some of the other miners may rethink their original decision.

Indeed it is quite early to predict that. But I can say for sure that Bitcoin community as a whole isn't really welcoming to BCC. They are hating this hardfork move for splitting Bitcoin. Most of them are ready to dump it on 1st August. It would be hard for BCC to survive in market in such conditions. Else see what happens.

Vishnu.Reang

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Activity: 1988

Merit: 453

Quote from: bouren on July 26, 2017, 11:31:25 AM

Believe me, prices will be nothing more than 0.005 BTC in a week or so after release.

Too early to say that. I heard that Bitmain (and its mining wing AntPool) is considering to support BCC. If that happens, then the value of BCC may rise sharply. And if Bitmain decides to support this coin, then at least some of the other miners may rethink their original decision.

bouren

sr. member

Activity: 392

Merit: 250

Quote from: hl5460 on July 26, 2017, 04:12:34 AM

Update: It seems inaccurate to call BCC futures as users already exchange it for cash on ViaBTC and OKEX, so I will stop trying to define it.

It is just a pretty attempt of marketing by launching coin as future of bitcoin. I can't imagine how horribly the community going to react after August 1 when it will be listed on major exchanges. 99% of users going to sell off right after acquiring the coins. Believe me, prices will be nothing more than 0.005 BTC in a week or so after release.

fancy2973

full member

Activity: 365

Merit: 100

this is more an altcoin than a real bitcoin alternative, because their share in bitcoin is so small, it will not be causing any serious fork in bitcoin.

hl5460

legendary

Activity: 1621

Merit: 1000

news.8btc.com

Update: It seems inaccurate to call BCC futures as users already exchange it for cash on ViaBTC and OKEX, so I will stop trying to define it.

ViaBTC abruptly announced on July 22 to support Bitcoin Cash(BCC), a “split” coin of a potential hard fork. After the announcement, Chinese bitcoiners in all of the WeChat groups are asking the same questions: what the hell is BCC? is there going to be a chain split? who is behind it, Bitmain? is it free money or a scam? In this series, we will work to lift the fog and help you learn more about the story of BCC.

What is Bitcoin Cash?

Bitcoin Cash, or BCC is the token to Bitcoin ABC, a scaling attempt trying to push for a bitcoin hard fork. The “ABC” part stands for Adjustable Blocksize Cap suggesting that users can determine the big blocksize accordingly. Bitcoin ABC includes many changes, including a dynamic difficulty adjustment where difficulty will be reduced by 25% if less than 6 blocks are generated in 12 hours.

http://news.8btc.com/viabtc-creates-a-new-business-model-by-listing-bitcoin-cash-that-doesnt-exist

Topic: [2017-07-26]ViaBTC Launches Bitcoin Cash, the UAHF Token - page 2. (Read 21232 times)