Its not mainly a money thing (unless they directly buy off the miners). If a large amount of the mining power quickly moves to BCC and the BTC difficulty factor remains at its last setting (till the next scheduled reset) then the BTC mempool will explode as the combination of 1MB blocks and massively increased block times make BTC useless.

Warrant Canary creator

On Aug 8, 2017 10:40 AM, "Razer" <g2s@riseup.net> wrote:



On 08/08/2017 08:12 AM, Steven Schear wrote:
I"m expecting a "flippening" between Bitcoin Core and the recently forked Bitcoin Cash followed by a crash in Core's value due to an exodus of miners.

Warrant Canary creator

On Aug 8, 2017 10:08 AM, "Razer" <g2s@riseup.net> wrote:

Not.

'Not nothin', as they say in Peoria...



https://quitter.im/notice/1986031

Rr




Goldman has really really REALLY deep pockets. So do their friends. They can make market, be the competition, and bury any other aspiring markets.

That's assuming the people who migrate are GAMBLING AND INVESTING, and don't really give fucks about alternate, anonymous, society-changing, 'money'. Goldman and their friends will waste them. I speculate(sic) It won't affect those who create 'closed systems' of exchange as badly.

Rr