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RE: What's the deal with Bitcoin Cash (BCC)? (Does the recent fork mean I now have a bunch more money automatically?) 10 SBD tip for most helpful answer.

in #bitcoincash7 years ago (edited)

Well bitcoin split into 2 different chains and you get equal amount of bitcoin cash. For example, if you had 10 bitcoin, you'll get 10 bitcoin cash as well.
The main difference is the transactions speed. Bitcoin cash is to be much faster at transactions and cheaper as well.
I think it's worth keeping at least some of it but many are selling it to make quick profits. The prices right now don't really matter because exhanges are freezing all bitcoin cash. When it becomes fully functional, we can see huge drops in price for bitcoin cash.

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