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Topic: Do BCC Will help increase BTC Value? - page 2. (Read 1694 times)

sr. member
Activity: 475
Merit: 250
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August 04, 2017, 10:13:54 AM
#35
I think all altcoins released helped market cap to get bigger, so indirectly helped bitcoin. My answer is: yes it helped a bit.
sr. member
Activity: 419
Merit: 250
August 04, 2017, 10:03:55 AM
#34
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

A fork is done when two miners find a valid hash within a short span of time, you can read this on google. This just means that bitcoin needs a fork because its previous code can no longer reply to the huge demands and large volume of transactions on the mempool. Lets just say that forking is a way of upgrading bitcoin so it can speed up the confirmation of transactions. But due to different beliefs of two groups thus we have bitcoin split and bcc or bitcoin cash is born. It is unclear if bitcoin cash will help increase the bitcoins value but in my opinion it will pull bitcoins value down since if btc supporters will shift to bcc then the value of bitcoin can go down.
You are absolutely correct mate, I greed to you that bitcoin will go down only if the their users will shift into BCC but like what I am expecting to be happen it not happen, still almost or majority of bitcoin believers supported bitcoin in the end. Meaning, bitcoin still prevail in the market platform in different exchange.

Well I guess people don't want to abandon bitcoin after all because nothing happened to bitcoin after the fork. They said that bitcoin price will go down but did not, so my conclusion is bitcoin supporters had already build a strong foundation and trust on bitcoin capability.
Because in current still not have any reason can make the price of Bitcoin falling down, if it flash crash not reasonable the trader on market will take advantage this situation buying Bitcoin before whales and big boy do that.
hero member
Activity: 2730
Merit: 632
August 04, 2017, 09:55:53 AM
#33
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

A fork is done when two miners find a valid hash within a short span of time, you can read this on google. This just means that bitcoin needs a fork because its previous code can no longer reply to the huge demands and large volume of transactions on the mempool. Lets just say that forking is a way of upgrading bitcoin so it can speed up the confirmation of transactions. But due to different beliefs of two groups thus we have bitcoin split and bcc or bitcoin cash is born. It is unclear if bitcoin cash will help increase the bitcoins value but in my opinion it will pull bitcoins value down since if btc supporters will shift to bcc then the value of bitcoin can go down.
You are absolutely correct mate, I greed to you that bitcoin will go down only if the their users will shift into BCC but like what I am expecting to be happen it not happen, still almost or majority of bitcoin believers supported bitcoin in the end. Meaning, bitcoin still prevail in the market platform in different exchange.

Well I guess people don't want to abandon bitcoin after all because nothing happened to bitcoin after the fork. They said that bitcoin price will go down but did not, so my conclusion is bitcoin supporters had already build a strong foundation and trust on bitcoin capability.
This is the thing on most people do really speculate about the price in times of fork which they do always keeping on saying that the price of bitcoin would dump but the truth the price isnt really be affected at all and instead of dumping the price it stabilize and now its start to climb up as of now if we do see the price of bitcoin.
full member
Activity: 246
Merit: 100
August 04, 2017, 09:53:38 AM
#32
its never can possible.
hero member
Activity: 2744
Merit: 541
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August 04, 2017, 09:47:24 AM
#31
Why do you think that bitcoin cash is going to help in anyway or form the price of bitcoin, in fact it is the complete opposite, bitcoin cash is a direct rival of bitcoin and if anything is looking to destroy and overtake bitcoin, that is never going to happen, but what else could the miners that created this coin be aiming for? Fortunately for us bitcoin is going to destroy bitcoin cash in the next weeks.
well in some ways maybe there's some explanation out from those who created this bcc but in terms of value i'm not seeing any help aside from hyping it right
now due to mistakes of those panic holders who sold their btc before aug 1 now we seen that more people who still believes that no one can replace btc are working around and making this huge pumped.
sr. member
Activity: 308
Merit: 250
August 04, 2017, 09:20:20 AM
#30
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

A fork is done when two miners find a valid hash within a short span of time, you can read this on google. This just means that bitcoin needs a fork because its previous code can no longer reply to the huge demands and large volume of transactions on the mempool. Lets just say that forking is a way of upgrading bitcoin so it can speed up the confirmation of transactions. But due to different beliefs of two groups thus we have bitcoin split and bcc or bitcoin cash is born. It is unclear if bitcoin cash will help increase the bitcoins value but in my opinion it will pull bitcoins value down since if btc supporters will shift to bcc then the value of bitcoin can go down.
You are absolutely correct mate, I greed to you that bitcoin will go down only if the their users will shift into BCC but like what I am expecting to be happen it not happen, still almost or majority of bitcoin believers supported bitcoin in the end. Meaning, bitcoin still prevail in the market platform in different exchange.

Well I guess people don't want to abandon bitcoin after all because nothing happened to bitcoin after the fork. They said that bitcoin price will go down but did not, so my conclusion is bitcoin supporters had already build a strong foundation and trust on bitcoin capability.
hero member
Activity: 1092
Merit: 501
August 03, 2017, 09:17:07 PM
#29
Why do you think that bitcoin cash is going to help in anyway or form the price of bitcoin, in fact it is the complete opposite, bitcoin cash is a direct rival of bitcoin and if anything is looking to destroy and overtake bitcoin, that is never going to happen, but what else could the miners that created this coin be aiming for? Fortunately for us bitcoin is going to destroy bitcoin cash in the next weeks.
member
Activity: 108
Merit: 10
August 03, 2017, 04:32:07 PM
#28
In time this theme will develop and increase, of course.
full member
Activity: 938
Merit: 137
August 03, 2017, 03:47:14 PM
#27
BCC has so far produced 37 blocks. And two thirds of the extracted blocks belong to an unknown miner. Judging by his course, he will not be able to compete with the orienal bitcoin. And bitcoin in the meantime reached its peak - $ 2,760 and, apparently, will grow further.
sr. member
Activity: 370
Merit: 250
August 03, 2017, 10:37:06 AM
#26
I think it has already helped the BTC price increase, prior to all this Aug 1st hype many people knew what would probably happen to BTC and they bought in advance of that date so they would have the equivalent amount of BCC I don't think it will help it anymore then that. Unless maybe people sell the BCC and put it back into BTC which is always possible the smarter move would be LTC. IMHO  Shocked Shocked
legendary
Activity: 1204
Merit: 1028
August 03, 2017, 10:09:48 AM
#25
BTC (soon to be SegWit) and BCH are competitors. Some guys have already said that BCH + BTC combined resulted in a new all time high but I don't think this is correct because they are 2 entirely different coins sharing a similar name.

That was Jeff Berwick saying that. I also said the video the other day. Im pretty sure he is now another guy under the Roger Ver-Bitmain paycheck to try to legimitize BCash in any way shape or form. It's ridiculous to think you can create free money out of nowhere. This scam will fall hard once exchanges allow people to dump.

It's just a pump and dump channel mostly, that's what Jeff Berwick does. It's ironic he calls himself Dollar Vigilante, when all he wants is to make more dollars pumping shitcoins.
sr. member
Activity: 868
Merit: 289
August 03, 2017, 10:01:04 AM
#24
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

A fork is done when two miners find a valid hash within a short span of time, you can read this on google. This just means that bitcoin needs a fork because its previous code can no longer reply to the huge demands and large volume of transactions on the mempool. Lets just say that forking is a way of upgrading bitcoin so it can speed up the confirmation of transactions. But due to different beliefs of two groups thus we have bitcoin split and bcc or bitcoin cash is born. It is unclear if bitcoin cash will help increase the bitcoins value but in my opinion it will pull bitcoins value down since if btc supporters will shift to bcc then the value of bitcoin can go down.
You are absolutely correct mate, I greed to you that bitcoin will go down only if the their users will shift into BCC but like what I am expecting to be happen it not happen, still almost or majority of bitcoin believers supported bitcoin in the end. Meaning, bitcoin still prevail in the market platform in different exchange.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 03, 2017, 08:58:47 AM
#23
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

what you said could be true before the fork, because people would buy bitcoin to have free bicoin cash, but now i can't see this happen anymore, they can buy directly bitcoin cash using USD now, so bitcoin is not even needed to buy bitcoin cash, but if you talk as a hype maybe yes
legendary
Activity: 2786
Merit: 1031
August 03, 2017, 08:37:32 AM
#22
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
sr. member
Activity: 658
Merit: 250
August 03, 2017, 08:33:23 AM
#21
I do not understand about this ....
I just follow the development of bitcoin and other altecoin ....
So essentially we are followers of development.
sr. member
Activity: 1008
Merit: 355
August 03, 2017, 08:32:40 AM
#20
I will only focus on your question whether or not Bitcoincash (BCH) can possibly be helping Bitcoin (BTC) increase in its value. The way I see it is the answer can be NO. As of now, they are already separate and different coins and one's value is not connected to another. Both are already independent and their survival will not anymore be depending on one another. Though there is a possibility that they can be rivals...in the same manner that all altcoins can actually be.
full member
Activity: 210
Merit: 100
August 03, 2017, 08:30:53 AM
#19
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

i think its just other bitcoin rival because it doesnt affect much on bitcoin fluctuation and roght now both coin is skyrocketed due to last hardfork , will it has another fork next year ? i think no , we dont need any more dramas regarding all of this so i guess better not going to happen , i love my coins
full member
Activity: 134
Merit: 100
August 03, 2017, 08:28:12 AM
#18
I don't think so.                   
sr. member
Activity: 406
Merit: 253
August 03, 2017, 08:21:30 AM
#17
Yes, BCC is created to rival BTC nothing else. The people behind BCC are mostly Chinese investors who own a huge number of miners. I wish they must stop creating nonsense forks. But just incase, theres another fork. We know what to do: Accumulate Bitcoin, stop trading alts. To get another free coin.

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
Free there's nothing. If you're going to receive something free in the future you will have to pay for it and this fee could be much higher than the amount you needed to pay immediately. It is hoped the coins are handed out for free. It seems to me that it is a Scam.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
August 03, 2017, 08:15:14 AM
#16
No it won't, I would say it actually decreased BTC value since it took hash power away from the main chain. If you look at the charts you can see a sharp drop in BTC at the moment of fork.

Long term both coins will develop separately and the price will be determined by their own merits.
Long term only the Bitcoin price will increase, and because of this BCH, the price of the Bitcoin is not increasing or else our expectation in August 1st week it will reach $3000. Did you check the BCH price, now it's decreasing like how it increased last 2 days. Negative 37% I think. Still, it goes down, and who all invested on this coin they all will become jokers.
BTC alone can have more benefit it long term and can increase by itself, I think BCC needs to proves itself before it can gain the acknowledge received by bitcoin. Since many still into btc and some didn't want to try it will sure to go down.
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