Bitcoin Forum

First of all, sorry to make another thread about this coin. I know there are tons of them already.

I cant understand.....           

where did the coin get a monetary value from in the first place, did i miss an ico or something?

If BTC was need to get bch, what happend to all the lost BTC, what happens to all that bch, is it trackable or backdoor money for someone?

If everyone dumped altcoin for BTC to get bch, that means there is approx 7 billion in bch funds that can flood back into other altcoins of the persons choice, Right?

So really, is this the craziest shit you folks have ever seen or what

the value always comes from supply and demand. and in the first release the order is always placed as high as possible then it comes down slowly and reaches equilibrium. for example as the market opens you place 1 order to see your coin at 10000BTC for each!!! then the next guy puts it on 100BTC each and slowly it comes down to logical numbers.
true for all the coins ever listed on exchanges the first time.

and as for supply, the deposits are closed on exchanges so if you want to sell your coin you can not do it for the time being and have to wait.

as for your other question. BTC and BCH are two separate chains and two different cryptocurrencies now. bitcoin is still the same bitcoin as before and is continuing the way it was. nothing has changed and nothing is going to be lost.
thing of BCH as one of these altcoin airdrops. for example like Stellar. they give bitcoin holders a same amount on their own chain and of their own coin.

Just and FYI - I just sold my BCH (BCC) for USD on Kraken.