They forked BTC and made BCC. This means I had some BCC I never paid for, so I just put it in an exchange and brought some BTC with it. Now, I only had 0.3 BTC but there must be with loads who have a darn sight more and who got a LOT of BCC for nothing. This raises some questions.
- Can it be good for the crypto economy if a load of money suddenly appears out of nowhere?
- How much BCC immediately got converted back into BTC?
- What's to stop people forking again, just to make a killing like this?
Was BCC good or bad in this respect?
I would have sold already, if it wasn't for the fact that syncing Bitcoin ABC is such a pain in the ass. I have been trying to sync for days to no end, it seems to get stuck at the end of the process and it becomes really slow.
I would try ElectronCash but I don't consider it safe. I guess I will wait, maybe I catch a dead cat bounce.