On a separate note, here's my thought why one should get out of BCC asap and not to listen to all those people saying keep BCC and see what happens. Of course just like picking stocks, you make your own decision, i could be spectacularly wrong, but it's something i can live with given the below.
1) BCC network difficulty will drop significantly, it will become a small fraction of the BTC difficulty weakening it significantly and making it susceptible to 51% and other problems.
2) Every single person who has BTC now has BCC instantly (minus the dorks who stored it on coinbase before the split), it's basically free money. BUT there is absolutely NO - NOT A SINGLE - use for BCC. What do you think is going to happen? people did not spend money buying BCC, its just there one day, with no use, and tons of uncertainty.
3) Majority of the people still have no idea how to get this thing to an exchange to sell it. Once thing settle down in a week or so, the rush for the exit will start. Look at almost every single instant gratification alt coins, they almost ALL end in zero. Unless some major backing or news comes for BCC, i strongly believe same will happen. Just ask yourself, who will be buying those coins? we know everyone has them now, but who will actually spend fiat or BTC buying them? Are you willing to spend BTC buying BCC at 1:5? 1:10? 1:20? there's your answer.
In my view, it's really a race against time to get BCC to an exchange, and convert to BTC, You are racing against everyone else. Every hour counts.
Some of you can whine about my negatives toward BCC, it's your right. But the facts have proven themselves.
At the time of my original post at start of 8/3, BCC/BTC was at 0.14 (source viabtc). As of now 8/4 afternoon, BCC/BTC is at 0.09.
In a mere 36 hours, BCC has lost 35% of its value, meanwhile BTC (source coinbase) remained flat and did not drop (think it went up ~5% in the last 36 hours).
The facts speak for themselves. And this price action occurred despite
1) Many are still in a holding pattern not knowing how to get BCC to an exchange to sell - the floodgate has not opened fully yet
2) The difficulty adjustment for BCC hasnt happened yet.