Everything turned out to be much more serious, the new altcoin Bitcoin Cash(BCH or BCC ticker) is not going to die! It is on third place in terms of capitalization!
This leads to very serious consequences: the miners can begin to mine it more and more, and it will draw on a substantial hashrate. And if you can so easily make money, then this is not the last division of bitcoin. Thus, by making very good money in a short, the miners can destroy the value of digital gold completely in long-term.
People just get confused in the variety of bitcoins, this is very bad, IMO.
And what do you think?
Almost $10 billion already O_o
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The worst that can happen if people will sell BTC to buy BCH... It was 1200$ on Bittrex
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This post received a 3.4% upvote from @randowhale thanks to @park.bom! For more information, click here!
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Thanx for help!
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Could be, time will tell, I don't think that another split is iminent. My advice, don't draw any conclusions after less than 24 hours.
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I followed the start of trading BCH on bittrex, he has support. Best of all, of course, that BCH collapses to zero, but I'm afraid this will not happen.
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I see growth on bitcoin cash in future as it was more advanced segwet version , right now there are already fast altcoins like NEM already competting. Even BTC might be in market defenitely but i am assuming price might not go very high , because new projects people can start use bitcoin cash.
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I think the main value of Bitcoin is digital gold, if gold starts to share and multiply like rabbits, no one will perceive it as something of value, LOL!
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