All posts made by lynxy in Bitcointalk's Wall Observer thread

c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

c

Thanks Torque, because you think BCC will be the new BTC, or just because it is free and you want to hold and see what happens? Damn, i hate option C because i want more BTC lol

I think BTC will remain dominant in the long term. But I recommend holding and being patient because I've learned in life that, when in doubt about the outcome of a situation, the best thing to do is to wait for the smoke to clear and see what's what.

My opinion is that over time BCC will be the poster boy altcoin to BTC that will on occasion get pumped to the moon by the Roger/Jihan/CraigWright camp over and over again in order to attempt to divide the Bitcoin community. They will become like financial terrorists, but they will be doing it really to bleed more money from their hapless followers. Hopefully it won't work as smart people can see through the con.

In the end it's not about what something costs on the market that give it value. It's about is fundamental attributes and core principles.

For example, do you think that SNAP is worth what it reportedly is on the U.S. stock market? Supposedly worth Billions$? A silly phone chat/photo app that makes no money and will never be monetized, like ever?

SNAP is worth absolutely nothing. It's the digital equivalent of Dutch Tulips or Beanie babies. Perceived worth is not real worth.

I basically agree.
I'd rather miss out on, potentially, a few hundred $ in "free" money per BTC in order to hedge against the potential upward price manipulation of BCC.

Most BCC holders will dump the coin to oblivion over the first few days of Aug., easily giving Ver and others a very cheap buying opportunity. When you're wealthy as hell, control all the coins, and control viabtc (one of the primary BCC exchanges, it seems), it seems rather trivial to pump the price up so that BCC > BTC. Then they can claim that, "The market has chosen."

I just want to add that companies like Coinbase that officially not support BCC, but keep clients' private keys will also get BCCs "behind the curtains". If they keep most of bitcoins on cold wallets they get BCC even if they hate them so much. They have obligations for their clients in BTC only. That's why they are going to sell BCC ASAP.
I expect huge demand for BTC in term of BCC first days. Never sell when everyone sells :-)