I can not believe it will go up now, go to the bottom
The market is watching carefully for the BCC Hardfork initiated by viabtc on 1st August.
The idea of BCC is based on the UAHF idea of bitmain which they announced as answer to the UASF.
Whats happening now is that it got a new name and is from viabtc so that bitmain is not longer involved. But the truth is that bitmain is the main investor in viabtc.
The real reason for this fork remains unknown, one can only guess. But its obvious that bitmain is the key player in this event. It's also the company which profits most from asicboost.
Its likely that BCC will get dumped after a few days. But then we will come closer to the 2mb hardfork from the segwit2x proposal and this blocksize increase is unlikely to happen because with segwit blocks wont be full anymore. With the agreement broken some miners could start to pump BCC trying to overtake BTC or just dump the accumulated coins to people not having BCC anymore and need it to hedge their investment.
Just my thoughts on it
MindCreeper
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@mozartc, Who are you? Wich side are your interests? I read your comments in another ideas.
mozartc
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@MindCreeper, I wonder the reason for the question. Since the beginning of June I have compared several analyzes and the coincidences have really come true. However, I do not think it's a reason to ask "who are you?", I'm just another merchant trying to unravel the magical world of bitcoim and believe me, not to lose money. However, if you do not want to believe there is no reason to believe, because if nothing happens, great. If it falls, well, I warned you.
I can not believe it will go up now, go to the bottom
The market is watching carefully for the BCC Hardfork initiated by viabtc on 1st August.
The idea of BCC is based on the UAHF idea of bitmain which they announced as answer to the UASF.
Whats happening now is that it got a new name and is from viabtc so that bitmain is not longer involved. But the truth is that bitmain is the main investor in viabtc.
The real reason for this fork remains unknown, one can only guess. But its obvious that bitmain is the key player in this event. It's also the company which profits most from asicboost.
Its likely that BCC will get dumped after a few days. But then we will come closer to the 2mb hardfork from the segwit2x proposal and this blocksize increase is unlikely to happen because with segwit blocks wont be full anymore. With the agreement broken some miners could start to pump BCC trying to overtake BTC or just dump the accumulated coins to people not having BCC anymore and need it to hedge their investment.
Just my thoughts on it