But if Bitcoin was really flawed, and they had the magic solution, then why not create a brand new coin? The reason they don't is because Bitcoin isn't flawed, and they need the Bitcoin brand to make money off their new Alt-coin. That is all. Bitcoin Classic 4 Lyfe.
They have to stop capitalizing Bitcoin. Using "Bitcoin" in their name creates confusion and fear that could depress the price of Bitcoin.
I am wondering how the price of Bitcoin will be affected? If so unfortunately that BCC get more miners support than expected, there could be a decent price drop.
If Bitcoin forks on Aug 1st, what will happen to BTC? Would the price get reduced by the value of the new BCC? Do the current BTC holders who have their bitcoins in the hard wallets get two types of coins?
A lot of questions, but only one hope - the hope that the Bitcoin price will go up and not get diluted by any forks.