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RE: Don't waste your time with Bitcoin Cash, do this instead!

in #bitcoin7 years ago (edited)

I agree this is a good strategy but I disagree that the value of BCC cannot be created out of thin air. Many coins have been airdropped in the past and the people receiving them get them for free. Those who do not receive them then want them creating demand and creating value. A market cap is not a total of all the money everyone has spent on a coin in the past but the potential value of all of the coins based on the current price. Price is just what someone would pay for something. If a celebrity signs a piece of paper... the value of it goes up tremendously but where is the value coming from? Was it created out of thin air? Just some food for thought.

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