You are viewing a single comment's thread from:

RE: BTC or BCC? Using a Blockchain Explorer

in #bitcoin7 years ago

Where do you think Bitcoin and Bitcoin Cash will go by end of 2017?

$6.5k bitcoin, $1k bitcoin cash.

Also, if Coinbase / GDAX releases BCH as withdrawal only in early January, I think that'll have downward price pressure as people sell and diversify. If they decide to let people trade it, on the other hand, I think the market may react the opposite way and BCH will gain even more legitimacy.

Sort:  

January should be pretty wild.

I think 6.5k and 1k is quite a reasonable amount. BCC is actually an necessity for the Mining Mafia, as if there will come out any other way to transact money (Second layer). All Asic miners will have to find other way to earn money, and a flip is an necessity for them. BTCG might be an serious threat for asics if it gets adopted.
On another note I think, this war between BTC/BTCC is a positive event for crypto, bitcoin only Hodlers will start to realise that out there is also other coins. The time of diversification has became, other alts will receive the funds and overall crypto evolution will boost up.