You are viewing a single comment's thread from:

RE: Countdown timer to Bitcoin Cash hardfork - Exchange support list - Bitcoin BCC BCH

in #bitcoin7 years ago

Thanks for sharing! BUT please don't call it free cash! Free cash doesn't exist - You should also mention that the price of Bitcoin is splitting (e.g. BTC keeps 90% of current price and BCH gets 10%)
Of course you get a "second" coin and the possibility that both rise is given, but is also very likely that BCH fails massivly and the price is dropping towards 0

Sort:  

No where did I mentioned free cash, I said if you have BTC you will get BCC/BCH it just happens to have the word cash in the name. No where did I mention anything about how the value of each coin is calculated.

You have no idea of the value of either or the future value of either are. So actually the price of bitcoin is not splitting saying so is irresponsible there is also several other variables to consider. People may see value in both coins thus increasing the overall value, or even the opposite. You never know miners could pull a fast one and all decide to support Bit coin cash making it instantly worth more than bitcoins value. I think speculating on these things is dangerous and not advice I want to be giving out which is why I left it out from my article.