18 Aug
2017
18 Aug
'17
2:49 p.m.
On 08/18/2017 03:29 AM, Steven Schear wrote: <SNIP>
Due to the economic and technical nature of Bitcoin and its blockchain its more than possible that the new fork, widely being called Bitcoin Cash, BCH or BCC, will overtake its rival fork now commonly called Bitcoin Core. The effect of this "flippening" could be nothing short of disastrous for those holding Bitcoin Core.
Since the recent Bitcoin hard fork we now have two Bitcoins: Core (the original) and Cash. When the fork happened those holding BTC (in their own wallets) were also able to claim an equal amount of BCC (for free).
There's no need to claim BCH. It's there, and will be there until spent. Me, I won't until the price goes up. It's "flippening" insurance. <SNIP>