Post
Topic
Board Bitcoin Discussion
Re: [BREAKING NEWS]: It Is Now 1st August 00:00 UTC
by
xFiber
on 01/08/2017, 06:57:36 UTC
Nothing really happen, bitcoin will go strongly from there, BCC is just a small altcoin style fork, I am pretty happen with it. I dumped at Yobit and I gained some BTCs, good job!

This is insane. Right now the exchange rate in Yobit is 1 BCC = BTC0.1410

This almost 14 times higher than the value which I thought BCC would be listing. The trends will be clear only after approx. 10 hours, when the BCC distribution will actually happen. But if the exchange rates in Yobit are anywhere closer to the actual exchange rates, then expect complete chaos.
The question is how long will this last? I because the amount of sellers is waaaay higher than the amount of buyers. So essentially the price should drop to 10-20$.