Do BCC Will help increase BTC Value?

Omega Weapon

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Quote from: shursight on August 06, 2017, 02:23:18 PM

It helps to increase the value but indirectly. Bitcoin cash is not bitcoin, the only thing that makes it overrated is the name, just the same with Ethereum and Ethereum Classic, this is an useless coin only that people bought it because it is like an ethereum.
All money in BCC comes back into Bitcoin if people sold it and convert into btc, so yes, the volume and the value keeps increasing.
By the way, bitcoin is always in uptrend so no matter what happens, it will always go up, and we are seeing it since 2010

I do not think we can say that bitcoin cash increases the value of bitcoin indirectly, if there was not bitcoin cash everyone will be buying it instead of having to go through all the trouble of converting their bitcoin cash into other coins, I think bitcoin cash is slowing down the growth of bitcoin and this is why I think we need to get rid of that altcoin as fast as possible.

teamcryptonator

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Blockchain Just Entered The Real World

Quote from: stomachgrowls on August 08, 2017, 10:28:31 AM

Quote from: mharz on August 08, 2017, 12:33:20 AM

I don't think so but in my opinion both bitcoin and bitcoin cash are rival. Because BCC will appear after segwit and separation of two coins will gives large impact into cryto currency industry. And I think separation of both coins was give good effect to bitcoin, because their price is continuously raising up

There would be no rival since the interest of community on Bitcoin cash had already been diminished and knowing the actual usage of BCH there still lots of problems regarding on confirmation times and it would really still need some fix which people do already decide to dump all of their BCC and switch or convert it to bitcoin and other coins.It does possible affected the price of bitcoin as we can see as of now.

Have many choice for the scenario control the price of crypto on market, whales are people understand the mentality of trader and they know the reason make trader panic selling. So, they can find new rival for make the price of Bitcoin falldown if they want.

noninum

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See the facts that happen now, seems yes. As if BCC had pushed bitcoin to rise higher. Because bitcoin prices continue to soar since the issue of BCC outstanding.

wojak

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Quote from: cyberpitstop on August 08, 2017, 11:27:22 AM

Can someone please explain to me why is it "BCC" and "BCH" is it the same thing??
I just haven't been following along like a good student in class as I have had many things going the last few week.
TIA
and sorry for my stupidity Roll Eyes

+1

I just checked my stock market, and there is BCH and BCC separated. BCC 0.9BTC, BCH 0.11. BCH is growing, while BCC is doing big nothing.

cyberpitstop

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Can someone please explain to me why is it "BCC" and "BCH" is it the same thing??
I just haven't been following along like a good student in class as I have had many things going the last few week.
TIA
and sorry for my stupidity Roll Eyes

stomachgrowls

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Quote from: mharz on August 08, 2017, 12:33:20 AM

I don't think so but in my opinion both bitcoin and bitcoin cash are rival. Because BCC will appear after segwit and separation of two coins will gives large impact into cryto currency industry. And I think separation of both coins was give good effect to bitcoin, because their price is continuously raising up

There would be no rival since the interest of community on Bitcoin cash had already been diminished and knowing the actual usage of BCH there still lots of problems regarding on confirmation times and it would really still need some fix which people do already decide to dump all of their BCC and switch or convert it to bitcoin and other coins.It does possible affected the price of bitcoin as we can see as of now.

JPMoron

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Yes.
It is clear. It shows us no matter what the next fork, just stick to BTC.
New coin can be switcehd to BTC, it ll make BTC price higher.

elite3000

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Won't affect at all. Most transactions are btc/bcc, so no effect on demand or supply of Bitcoin. And the volume is too low anyway

mharz

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I don't think so but in my opinion both bitcoin and bitcoin cash are rival. Because BCC will appear after segwit and separation of two coins will gives large impact into cryto currency industry. And I think separation of both coins was give good effect to bitcoin, because their price is continuously raising up

Omega Weapon

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Quote from: pedrog on August 03, 2017, 09:37:32 AM

Quote from: BillyBobZorton on August 03, 2017, 08:11:21 AM

Quote from: kirkey on August 03, 2017, 07:41:33 AM

Hello Guys,
I'm not an expert of Virtual Currencies like BTC, BCC, liteCoins etc. but I'm just curious what is the main reason forks were made out of BTC popularity?
Do BCC is helping BTC to increase value?
Is BCC is created to rival other existing Low-end Virtual Currencies?
Do you believe another forks will exist after a few months or years?

Talk to me, please... thanks

Bitcoin Cash can do nothing but make it clear that hardforking is a mistake. The price right now is not a real price, people can't properly dump their coins. Once we get rid of Bitcoin Cash, Bitcoin will go to $4000 easily. But we must drop this weight from the system.

I can't wait for real trading to happen, we will see a massive dump. This altcoin is going to get the biggest dump ever seen. They still don't understand all coins are being frozen on the markets, and people can't properly sell for BTC. Once this happens... it's showtime.

I wouldn't bet on that, BCC will probably stay around for long time, even after all the initial cluster fuck and future ones, I predict there will be major bugs and problems with the BCC network, but it will continue operating for long time.

Also more fork like this one will be made, Bitcoin SegWit2X is the next in line, prepare yourself for more free money. Cheesy

I really hope that Segwit2X does not happen, if we did not had enough confusion with 2 bitcoins then we are going to get another bitcoin for a total of 3, also if all those miners really make that hard fork then Segwit2x has the potential to be a much larger rival than BCH, many people will be doubtful about what to do in that instance, I think the original chain will prevail but it is not going to be as easy.

virtualkeybuyer

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Quote from: d3nz on August 06, 2017, 11:51:32 PM

Quote from: kirkey on August 03, 2017, 07:41:33 AM

Hello Guys,
I'm not an expert of Virtual Currencies like BTC, BCC, liteCoins etc. but I'm just curious what is the main reason forks were made out of BTC popularity?
Do BCC is helping BTC to increase value?
Is BCC is created to rival other existing Low-end Virtual Currencies?
Do you believe another forks will exist after a few months or years?

Talk to me, please... thanks

Not really. It's because some of Investor and traders only wants to DUMP the BCC/BCH/Bitcoin Cash right after getting it. As you can see the value of bitcoin cash crashes below $200 and they see it as altcoin. Maybe in the future the value may increase.

I hope so but BCC has nothing to do with bitcoins’ increased value. They don’t have the potential of dumping or pumping bitcoins. Bitcoins are the leaders of the coins and are currently ruling the world. Yep, at present people are dumping bitcoin cash speedily which is in turn decreasing its value.

d3nz

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Quote from: kirkey on August 03, 2017, 07:41:33 AM

Hello Guys,
I'm not an expert of Virtual Currencies like BTC, BCC, liteCoins etc. but I'm just curious what is the main reason forks were made out of BTC popularity?
Do BCC is helping BTC to increase value?
Is BCC is created to rival other existing Low-end Virtual Currencies?
Do you believe another forks will exist after a few months or years?

Talk to me, please... thanks

Not really. It's because some of Investor and traders only wants to DUMP the BCC/BCH/Bitcoin Cash right after getting it. As you can see the value of bitcoin cash crashes below $200 and they see it as altcoin. Maybe in the future the value may increase.

Haesoo

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Quote from: mace15 on August 06, 2017, 06:17:42 PM

Quote from: shursight on August 06, 2017, 02:23:18 PM

It helps to increase the value but indirectly. Bitcoin cash is not bitcoin, the only thing that makes it overrated is the name, just the same with Ethereum and Ethereum Classic, this is an useless coin only that people bought it because it is like an ethereum.
All money in BCC comes back into Bitcoin if people sold it and convert into btc, so yes, the volume and the value keeps increasing.
By the way, bitcoin is always in uptrend so no matter what happens, it will always go up, and we are seeing it since 2010

Thats true bitcoin cash is not bitcoin so I dont think BCC helping to increase the bitcoin value. As of today bitcoin is continuously keep increasing even without other altcoin or this bcc existence even before it has its own uptrend value. So this means many has been supporting bitcoin until today with the huge pumped happen.

Yes the uptrend now is all because of bitcoin, nothing more and nothing less.
Bch or bcc or whatever they call it has nothing to do with this, if people dump their coins right now that is because they believing that the price will soon be worthless. Bitcoin's price now is insanely rising because of the hardfork that happened as a result of this many investors trusted enough and buy more bitcoin.

mace15

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Quote from: shursight on August 06, 2017, 02:23:18 PM

It helps to increase the value but indirectly. Bitcoin cash is not bitcoin, the only thing that makes it overrated is the name, just the same with Ethereum and Ethereum Classic, this is an useless coin only that people bought it because it is like an ethereum.
All money in BCC comes back into Bitcoin if people sold it and convert into btc, so yes, the volume and the value keeps increasing.
By the way, bitcoin is always in uptrend so no matter what happens, it will always go up, and we are seeing it since 2010

Thats true bitcoin cash is not bitcoin so I dont think BCC helping to increase the bitcoin value. As of today bitcoin is continuously keep increasing even without other altcoin or this bcc existence even before it has its own uptrend value. So this means many has been supporting bitcoin until today with the huge pumped happen.

shursight

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It helps to increase the value but indirectly. Bitcoin cash is not bitcoin, the only thing that makes it overrated is the name, just the same with Ethereum and Ethereum Classic, this is an useless coin only that people bought it because it is like an ethereum.
All money in BCC comes back into Bitcoin if people sold it and convert into btc, so yes, the volume and the value keeps increasing.
By the way, bitcoin is always in uptrend so no matter what happens, it will always go up, and we are seeing it since 2010

tittensor

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Activity: 443

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Quote from: deddod on August 06, 2017, 12:10:27 PM

Quote from: kirkey on August 03, 2017, 07:41:33 AM

Hello Guys,
I'm not an expert of Virtual Currencies like BTC, BCC, liteCoins etc. but I'm just curious what is the main reason forks were made out of BTC popularity?
Do BCC is helping BTC to increase value?
Is BCC is created to rival other existing Low-end Virtual Currencies?
Do you believe another forks will exist after a few months or years?

Talk to me, please... thanks

Hello,
After hardfork BCC has been separated from bitcoin, so in my opinion BCC does not affect the price of BTC.
The presence of BCC in the crypto world does not affect much against other altcoins.
If the use of bitcoin increases and the number of transactions exceeds the block capacity. I think harfdfork will happen again.

But I think the presence of BCC has create new marketcap for total marketcap of cryptocurrency, so after the price of Bitcoin Cash falldown in past day, maybe is the transfer marketcap from BCC to Bitcoin is possible, because I have checked and not see the withdrawal from trader on market until today.

deddod

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Quote from: kirkey on August 03, 2017, 07:41:33 AM

Hello Guys,
I'm not an expert of Virtual Currencies like BTC, BCC, liteCoins etc. but I'm just curious what is the main reason forks were made out of BTC popularity?
Do BCC is helping BTC to increase value?
Is BCC is created to rival other existing Low-end Virtual Currencies?
Do you believe another forks will exist after a few months or years?

Talk to me, please... thanks

Hello,
After hardfork BCC has been separated from bitcoin, so in my opinion BCC does not affect the price of BTC.
The presence of BCC in the crypto world does not affect much against other altcoins.
If the use of bitcoin increases and the number of transactions exceeds the block capacity. I think harfdfork will happen again.

taxmanmt5

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You do have to understand that this is a completely separate coin and actually has very little to do with Bitcoin itself. So in that vein, most all coins that are traded on an exchange help Bitcoin out a little bit. It's simply from the fact that most people bring Fiat into the exchange , switch to bitcoin and then do their trading then back to bitcoin and then back to Fiat. So that little bit of traffic to goes through Bitcoin helps it out to a certain degree.

prabakharras

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Bitcoin cash facing tough correction down to $200 region
https://www.coingecko.com/en/price_charts/bitcoin-cash/usd
Would you use $200 to buy a BCH or an ETH?

sepely

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ofcourse it will help. all BCC moneys coming back to bitcoin. we will see that clearly in a few days.

Topic: Do BCC Will help increase BTC Value? (Read 1686 times)