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RE: Coinbase And Bitstamp Will Not Support BCC - My Thoughts On The Situation

in #bitcoin8 years ago

@thecryptofiend - Though I have not been in the crypto world for too long, I have seen the way people try to manipulate altcoins with smaller market caps. I would, therefore, firmly adopt the cynical stand you have taken rather than the nice stand. The new forked coin will definitely be more susceptible to 51% attacks as you point out and also to pump and dump operations. Your point about altcoins being available with superior technology is also valid. Why would we go invest in a bitcoin fork if we wanted something without more market cap but with better technology - there are a lot of options. Thanks for this heads up. Upvoted.

Update at my end - I am traveling and so have very spotty internet connections. Still - wanted to share my thoughts about one of my photos with Steemians so I have posted a blog 'War and Peace: Iron birds' with my original photo and musings. As always, I request you to visit the blog whenever you have a few minutes free. Your comments will help me complete my thought process on the topic. Thanks

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