Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin Cash (BCC) price tomorrow gon' be like.....
by
European Central Bank
on 01/08/2017, 11:05:49 UTC
The idea that it could overtake Bitcoin seems farfetched...but with a lot of hashpower behind it (Bitmain), a major payment processor (Bitpay), and support from large exchanges (Bitfinex, Kraken, Okcoin, Huobi, BTCC), I could see it gaining some traction.

The bigger question is, what does that do to Bitcoin's network effect? According to Metcalfe, it means the value of both networks will be worth considerably less in a network split (assuming BCC's share is sizable).

all of those operations depend on network effect. they would be monumentally stupid to go all in on it. they may want it to work but they're not dumb.