RE: August 1st Predictions??

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August 1st Predictions??

in cryptocurrency •  8 years ago 

nothing will happen, everything will get back on track and if a new coin shows up its just going to replace bitcoin in value.

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that is likely, many people that were invested in bitcoin, will jump into bitcoin cash and bitcoin will go down in market cap

Ideology-driven miners also have a big say in the success of Bitcoin Cash. If it turns out that miners begin leaving the anti-big-block pools to start mining BCC, the price of the legacy chain will take a significant dump.

Also, the major Korean exchanges have already said that BCC will be supported, so a large chunk speculative cash that would have otherwise gone into the legacy chain, as well as other altcoins, will likely flow into BCC at launch.

I think a lot of investors that missed out on investing in bitcoin in the early days will view BCC as a second chance to get in at the ground floor.

My 2 Satoshi.

lol i like what you added at the end

The fact is - bitcoin cash does have just a tiny bit of support - mainly miners, I very doubt it that there will be any real users or real life implementation (payments) for it. Just a chinacoin, gonna be dumped as soon as users get their "btc capital copy" in their wallets...