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?
There is nothing such as a free lunch but if one is offered then its good to take it. Its the choice of the exchanges to offer free money to those who have Bitcoin with their exchanges and i think they will lose out be giving it for free considering all that they make. And who knows they even got more money by giving out the BCC for free.