View Single Post
Old 07-31-2017, 05:41 AM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by Konda View Post
If you own 1 BTC before the split you will own 1 BTC and 1 BCC after the split.
What the 1 BTC will be worth and what the 1 BCC will be worth completely depends on the market.
BTC will probably stay close to its current value and BCC would probably be worth a few pennies.
I'm wondering whether everyone getting excited about dumping their newly found "free other Bitcoin" could cause a dip in the value of BTC, to compensate. Then again, crypto markets are not exactly rational.

Note that the BCC ticker is actually already used by another coin. The value of that coin (which is NOT Bitcoin Cash) has increased by more than 6 times in the past few days.
rowan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote