Post
Topic
Board Bitcoin Discussion
Re: Bitcoin split
by
Sithara007
on 02/08/2017, 01:57:11 UTC
BCC is dead, that's what's happening.
Well, BCC is not completely dead yet. They will try to revive him. Perhaps he will exist for some time as an altcoin to bitcoin. However, it is unlikely that he has a good future.

It will not die because it has the backing of some miners and very rich people behind it. They are all in for the money because they are greedy. However, the price goes to a high of $400 and when all the dump happens, the price stood at $200. So I think it will stay for a long time and will have its time to for the price to increase, but it will not reach what bitcoin is today.

Most of the exchanges and wallets are yet to credit BCH to their users. It is going to take some time, due to the complexities within the BCH. I expect the distribution to be completed by this week, and we may witness a short-term dip in the BCH exchange rates due to massive selloff. But BCH has got enough support in the form of people like Jihan Wu and Roger Ver, and they will ensure that it does not fall below the BTC0.10 mark.