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RE: The Bitcoin and Crypto Currency Rubberband Effect.

in #bitcoin7 years ago

It seems like everyone is pumping bitcoin so they have an opportunity to benefit from exchanges like bittrex who are offering bitcoin cash to a 1:1 ratio.

What I'm fearful is the backlash and the rubberband effect it will have. I feel like people see no value in BCC, they only want it as they see it as a way to get free money so it will almost inevitably get dumped.

I guess we will have to wait @hilarski and see but at the moment there is a huge altcoin dump and squeeze as people are craving to get them hands on some 'free money'.