/biz/ - Business & Finance

>>17913926
They've been retired, coasting off social security and generational wealth they refuse to pass on. It's time for them to DIE.

https://www.financialsamurai.com/stock-market-bottom/

If BCC actually goes live, which I don't think it will, it will be dumped to the floor by big holders almost instantly. If it was the case that big holders did not support Segwit then the price would not be rallying right now.
If it was the case that the market did not support Segwit, but supported BCC then the market would be crashing right now in anticipation of buying BCC and rejecting Segwit. i.e that guy who said he sold all his BTC for BCC futures, he had like 1 Bitcoin. If there was someone who thought like him in China with 10000btc, you get the picture. Evidently there isn't, price of BCC is certainly being propped up right now and I believe Viabtc will only release BCC if the market indicates they are not happy with Segwit, which is certainly not going to be the case based on the last few days. This is how you can already know for certain what will happen if BCC becomes tradable. The market has already spoken
Irrespective of purely economical reasons the small chain will very likely be attacked as soon as the difficulty adjusts which benefits all of Bitcoin and the entire community, to only have one version and not suddenly double the amount of coins.
It is also very likely BCC is just the Chinese BIP148, so they can pretend that they too muscled the discussion so to not lose face. That is a part of Chinese culture and Chinese business culture.
EDIT: The fact there is not not even one real figure head in the community supporting this, not even Ver, and no USA exchanges even support it while Coinbase actively will not support says absolutely everything there is to know about the seriousness of this implementation without having any ability to comprehend the aforementioned market related points.