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ITT we speculate about bitcoin on 1st of Aug.
I think we'll see new ATH on 31st of July. I don't know how high this will be but it will certainly hold the intrinsic value of both BTC & BCC. My guess is $3500 - $4500.
After that both BTC and BCC will plummet because of split ($3000 BTC, $500 BCC) and because investors taking their profit. I predict we will see $2300 for BTC and who knows how low for BCC.
Thoughts?
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Really depends on how widely adopted BCC ends up being. BTC is king because it's accepted a LOT of places relative to everything else. If no one accepts BCC, it isn't particularly valuable. Assuming we see a price jump to 3500-4000, we're talking antiticpation that either one or the other will take off post fork, or that the split will be fairly even in value. I don't see both just selling off after the uncertainty subsides. My top scenarios are BTC takes off and BCC burns, or both move relatively in sync after some value adjustment to an appropriate ratio like ETCs ~10:1 scale.
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>>2896779
>intrinsic value of both
Lol
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>>2896779
idiots dont know that people wont wait til the split and will get dumped on hahahahahha
>split
>everyone fomos to get btc
>everyone expects selloff on august 1st
>whales dump on noobs tomorrow
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>>2896829
Well that is kind of my point.
I will dump before the split then short BTC & BCC.
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>>2896842
yeah I was agreeing with you
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