Post
Topic
Board Press
Re: [2017-07-26]ViaBTC Launches Bitcoin Cash, the UAHF Token
by
hatshepsut93
on 28/07/2017, 13:37:54 UTC
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.

To clarify, supporting a coin means buying it when the price drops, and yes, it's possible that the people behind it (Jihan and Ver) might try to support it at some point, but they can only do it with a purpose of creating confidence for traders to invest in their coin, they can't support it alone. The sell pressure will be huge, and every time it will try to rise, some BTC holders will send their coins to new wallet, import keys from the old wallet and dump BCC. The only way to create growth for an altcoin is to deliver its promises, work on new features, and be competitive with BTC from technical standpoint. And lets face it, only bigblockers believe that this will happen.