>tfw the hard fork is actually going to cause an ATH and not a crash
Do you really believe that the price of bitcoin will stay right there?
>>2918853
What about an ATH followed by a crash lol. I'm only half-joking.
>>2918861
Of course he does. OP doesn't really understand anything.
>>2918865
It looks like this will happen. ATH caused by fake scarcity
everyone is going margin-long because they want BCC
it's definitely going to come down. I'd say short it if you have the balls.
>>2918886
lol i don't believe you really believe that, but i hope you do
Its going to dip quickly after the fork from people who were just holding it for BCC, then rise more steadily till it breaks the 3k wall and keep going. Then people will start to FOMO in and it'll really breakout again.
>>2918853
the hardfork will come and there will be millions of bitcoin cash that are currently valued at $300-$400 that will be generated out of thin air.
BCC wont magically go down to $0, some of bitcoins market cap will go along with the fork because there is still some amount of demand behind BCC. Furthermore, some of the people who put in money from fiat and alts to get their 1:1 BCC will take their money back out and back into fiat/alts.
Sidenote: what have we seen everytime bitcoin goes down in value? It takes the altcoin market with it, so I think there will be a 5-10% crash across the board.
>>2920277
Hi I know Bitcoin is going to split and I can get BCC for my BTC if I just hold my BTC now, but I think instead of doing that, I'll forego getting BCC that way and instead just buy BCC directly with cash after it forks.
>said no one ever
>BUY HIGH
>SELL LOW
never change /biz/
>>2920304
BCC is going to get insta dumped by bots and whales.
Instead of holding so you can make$5 off bcc, shorting is the patrician choice
>>2920311
>>2920304
Well BCC will dip, who knows how low, and there ARE people that want it.
If someone wanted to accumulate BCC for the future and saw it at $50 they would probably buy it after the fork as well.