Quote from: hatshepsut93 on July 28, 2017, 01:37:54 PM

Quote from: Vishnu.Reang on July 27, 2017, 04:50:48 AM

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.

There are varying degrees of "support". In purely a trading sense, that might be what it means, but that isn't clear from your post. Some exchanges like Bittrex and Kraken have said they will support BCC in the sense that they will allow users to cash out their BCC if it's safe to do so, but that doesn't mean they're endorsing or approving its use. And it certainly doesn't mean they'll be actively buying the dips themselves. A mining pool supporting it may simply mean lending hash power to that chain and hoping they can profit by selling the resulting mining rewards.

And for Vishnu.Reang's post, specifically revolving around Bitmain's support, Bitmain have stated that they have:

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actively supported the smooth implementation of Segwit2x and will continue to run the btc1 software on all our mining pools, namely Antpool, BTC.COM pool and ConnectBTC, in the foreseeable future.

But also that they:

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do not rule out the possibility of supporting both Segwit2x and BCC.

I interpret that as saying that they would only consider supporting BCC if it proves successful and, for the moment at least, all their eggs are in the SegWit2X basket.