Re:Bitcoin cash mining profits jump
by wyldfire on Saturday August 19, 2017 @10:17PM
(#15056681)
> How do cryptocurrency adherents explain this?
Speculators be speculatin'.
> I mean, that value has to come from somewhere.
Demand is constrained: only miners and those who bought BCC since Aug 1 fork have any BCC to sell. Most of us struggle with "hmm how do I recover/import my BTC wallet keys into BCC? Holy crap it's worth how much?!" And finally much of the BCC is semi-orphaned by the fact that they hold pre-fork currency but have no idea that BTC exists.
Speculators be speculatin'.
> I mean, that value has to come from somewhere.
Demand is constrained: only miners and those who bought BCC since Aug 1 fork have any BCC to sell. Most of us struggle with "hmm how do I recover/import my BTC wallet keys into BCC? Holy crap it's worth how much?!" And finally much of the BCC is semi-orphaned by the fact that they hold pre-fork currency but have no idea that BTC exists.