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Author Topic: Price after fork  (Read 2073 times)
btvGainer (OP)
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July 28, 2017, 12:38:34 PM
 #1

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?
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July 28, 2017, 12:40:51 PM
 #2

Why would people want to buy more because it's "new"?
Do you see any new altcoins being priced higher than Bitcoin?

BTC will of course have a much much higher value than BCC, because it's the original blockchain.
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July 28, 2017, 12:50:50 PM
 #3

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?
Why would the new one would gain more value than the older ,
Let's just put ethereum as an example have you ever seen the Ethereum classic become more expensive than Ethereum?
The older one would be the one who would gain more value because the people trust it more than the new one.

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July 28, 2017, 01:12:54 PM
 #4

The coin with the majority miner consensus will have the most value.

say 90% of miners choose the segwit upgrade, that will be Bitcoin, the other 10% choose some other upgrade, that would likely be BCC(Bitcoin Cash).

Since BCC is being given out at a 1 to 1 ratio to everyone who owns BTC, there will be a sudden influx of supply of like 14 million BCCon the market, expect it to crash for awhile. Too many people will be selling.
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July 28, 2017, 01:13:40 PM
 #5

I will not pray split should happen but if it happens I think the coin with higher miner will get the high support. I believe what happened with ethereum and etheruem classic will happen again. BTc and Bcc, I think NYC will get the high price and BBC is going to face the same Dance of ethereum classic
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July 28, 2017, 01:21:06 PM
 #6

it's not and never has been a split. get that straight at least.

i think it's gonna take longer to play out than people predict, but bitcoin cash will never be higher than it is now is my guess.
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July 28, 2017, 03:06:29 PM
 #7

it's not and never has been a split. get that straight at least.

i think it's gonna take longer to play out than people predict, but bitcoin cash will never be higher than it is now is my guess.

Well, there still a little bit chance to happen that split. And it will happen in the 1st year maybe just like bitcoin that will grow the price in the future. This may be the opportunity to buy or invest!

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July 28, 2017, 03:26:54 PM
 #8

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?

I think bitcoin because it still holds the original name.

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July 28, 2017, 04:50:53 PM
 #9

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?
Why would the new one would gain more value than the older ,
Let's just put ethereum as an example have you ever seen the Ethereum classic become more expensive than Ethereum?
The older one would be the one who would gain more value because the people trust it more than the new one.

Wrong example. Ethereum Classic stayed true to the original idea, while Ethereum was the forked one.
In any case, it doesn't matter which is valued more. Current bitcoin holders will have equal quantities of both.
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July 28, 2017, 06:23:33 PM
 #10

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?
BTC (Segwit2x) = Major chain
BCC (bitcoincash with larger blocks) = Minor chain because only few miners are backing them. BCC is just another bitcoin clone or another altcoin that will be only listed as altcoin in most of the trading platforms.
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July 28, 2017, 07:20:01 PM
 #11

Bitcoin will obviously have more value than Bitcoin Cash, there are only a few mining companies that are planning to support BCC chain, I am predicting a price crash on BCC once it goes live on trading exchanges, traders would just dump it fast before the price goes crashing to the bottom.

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DaMut
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July 28, 2017, 09:50:31 PM
 #12

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?

sorry but this question should not be asked,it's just a little stupid
if you're asking about who will be 'the winner' in term of value between Bitcoin aka 'BTC' and Bitcoin Cash aka 'BCC/BCH'.
BCC created because of chain split,that mean BCC created based on BTC or we called it Clown (oh sorry Clone).
BCC/BCH already catagorized as an altcoin,that mean it's an alternative coin and from that name we can see who is 'the winner' in term of value.

if you look closely,many people trying to buy more Bitcoin in order to get more Bitcoin Cash but the main point is not they're considering it as an asset but they took this as an opportunity to get profit from their Holding,just imagine it 10BTC in your cold storage will be 10BTC+10BCC in a few days.
just holding it for a few days they will get profit from it,and what will happen after fork ? yeah we may be can see another decline or may be not.
but BCC? there'll be a huge dump after pump.

Clone item will never change position of the genuine item in term of value and quality

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maku
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July 28, 2017, 10:17:36 PM
 #13

Bitcoin will obviously have more value than Bitcoin Cash, there are only a few mining companies that are planning to support BCC chain, I am predicting a price crash on BCC once it goes live on trading exchanges, traders would just dump it fast before the price goes crashing to the bottom.
From what I know Bitmain will support BCC and this company alone will be enough to single handled change the name of the game.
I expect if miners really follow the idea of forking alternative chain then we will see the same scenario which happened before to Ethereum.
The main chain will take everything while side chain will be forever overshadowed and will simply exist in the background.
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July 28, 2017, 11:59:21 PM
 #14

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?

This should be obvious at this point. Of course the original one will have more value over the clone or new one. Since Bitcoin Cash will be considered as an altcoin when it came to existence, it will be priced lower than Bitcoin just like all the altcoins out there. I doubt that BCC will not have more supporters that Bitcoin have.
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July 29, 2017, 01:11:46 AM
 #15

Right now if those big whales cash out their money from Bitcoin it will crash, whatever big investors are investing in will be a successful crypto currency.
I doubt any body with $5B at stakes in Bitcoin would switch to some other coin, so price wont change that much.

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July 29, 2017, 01:52:37 AM
 #16

Bitcoin will obviously have more value than Bitcoin Cash, there are only a few mining companies that are planning to support BCC chain, I am predicting a price crash on BCC once it goes live on trading exchanges, traders would just dump it fast before the price goes crashing to the bottom.

You are confusing cause and effect. MIning companies will decide which coin to mine, depending on the price of each coin. Support of the miners won't determine price.

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July 29, 2017, 03:01:22 AM
 #17

Bitcoin will obviously have more value than Bitcoin Cash, there are only a few mining companies that are planning to support BCC chain, I am predicting a price crash on BCC once it goes live on trading exchanges, traders would just dump it fast before the price goes crashing to the bottom.

You are confusing cause and effect. MIning companies will decide which coin to mine, depending on the price of each coin. Support of the miners won't determine price.

In the end, it's still profitability that determines choices. Isn't that ironic for a supposed decentralized economy.

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July 29, 2017, 03:06:17 AM
 #18

i hope price btc after fork is down to 1$ Wink Cry
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July 29, 2017, 03:09:49 AM
 #19

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?
BTC (Segwit2x) = Major chain
BCC (bitcoincash with larger blocks) = Minor chain because only few miners are backing them. BCC is just another bitcoin clone or another altcoin that will be only listed as altcoin in most of the trading platforms.

FYI : bitcoin won't split in two different coins, only one bitcoin and another is just an altcoin, BCC.
I will vote for BTC segwit not segwit2x because segwit has more support than segwit2x obviously, look at https://coin.dance/blocks ; segwit BIP141 gain more than 99% support. Of course miners (majority) will signaling for segwit or bitcoin, not bcc.
After fork, bitcoin price may drop back to $2300 but I doubt fall below $2200 as segwit will be implemented on November.
The first and original option was proposed by the Bitcoin Core development team. Their SegWit code, defined by BIP141, activates if 95 percent of hash power within a single difficulty period of about two weeks signals readiness before November 15th.
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July 29, 2017, 03:15:05 AM
 #20

If btc is split in two different coins on August,which one going to have more value?The coin with lesser support because it will be new people may want to buy more or is it the bitcoin with major support in terms of hashing power?

i think after fork BTC is still BTC and price of BTC will not change, BCC which we call new BTC just a new altcoin like all other altcoin
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