How do you guys evaluate the current price situation with bitcoin after the fork and before the first BCC block mined? Will there be any reason or chance for the big panic crash anymore or is this hope/opportunity now over? Can anybody explain what probably will happen after the first block has been mined? Is first block necessary for people to be able to sell their bitcoin and then maybe trigger the panic sell?
I just read the following lines in an article: "By now, however, fears of a sudden split by way of BIP 148 have been avoided. ... On the other hand, a miner-activated hard fork (MAHF) that will fork bitcoin is scheduled for later today." What does that mean? May this create a panic?
It is not necessary for the First block of BCC to be mined in order to sell your BTC. You can sell BTC at anytime... if you have it on an exchange like Poloniex. However, it is still unclear whether or not you need to hold your BTC on an exchange that will issue BCC in order to get it. See some of the comments above... seems like you don't need to wait... but your call.
No that's what I meant, if the people need to wait for the first block in order to be able to get BCC. Maybe that's the reason why most of the people that were hoping to get BCC did not sell BTC yet, causing the panic not to happen until now.
ah got it.... good insight. but not all people have received their BCC on exchanges. I anticipate the panic to continue once ALL BCC has been received...
Luc - your thoughts?