Quote from: kwukduck on July 29, 2017, 11:15:34 AM

Quote from: BitcoinerXX on July 29, 2017, 08:49:18 AM

Quote from: DaMut on July 29, 2017, 07:56:14 AM

Quote from: futuredoc70 on July 29, 2017, 02:39:59 AM

At the time of the fork any one who is short bitcoin on Kraken (and I imagine any other exchange supporting bitcoin cash) will be debited an equal amount of BCH.

example: margin sell (short) 10 XBT/USD = -10 BCH (short xbt, long usd)

Because of this, there is absolutely no way to break even off of a Bitcoin short, let alone profit. Essentially, this is going to force everyone who is currently short to close their position, which obviously means they have to buy bitcoin. All of this demand will almost certainly cause the price to rise, no?

In theory we should be seeing a pretty sizable short squeeze prior to the fork.

Or am I missing something big?

In my theory we should be like this :
Before splitting everybody will buying more Bitcoin,because after splitting they will get a clone from chain split and that thing can be sell in any exchanger that support it such as kraken,bitfinex and other exchanger.
For example :
We have 10BTC in our cold storage,after chain split we will get 10BTC+10BCC/BCH,and when everything is fine(we can do a transaction) i think more likely we will see another decline for BTC because some whales should be thinking how to pump BCC/BCH first before get out from that boat.

So,based on my statement above all that i can see is we will see another long squeeze because of BCC/BCH existance but i will not last long.

wont it be more likely to rise (btc) from people dumping bcc to buy more btc?

No it will be exactly opposite. People buy BTC now to have that BCC and sell it for more BCC as it is super cheap.
It's an opportunity to get rich real fast. BCC is the only elegant solution. Nobody with deep understanding would support BTC and their bankster bought developers.

Ignore this troll at all times. He is either a comediant that does it for fun or under some sort of payroll where he is told by superiors to:

1) predict bitcoin crashes that never happen (in other words promote FUD)
2) promote big-blocker agendas (in this case, the BCC hardfork, im sure that if you browse his posting history you'll find out XT, Classic, Unlimited etc shilling)

BCC is crap, it may pump or it may dump, the end result in the long term is the same: worthless alt.