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?
You were smart enough to exchange it for Btc, I never took it cause it's a big filled coin, and I don't like it at all. There is nothing to stop people they may attempt to do so, what I have heard is Bitcoin gold is planning to do the same, but I don't think they will survive for long, cause Bitcoin is recovering back and they shall have majority of the hash I feel, all other morgul alts shall die.