Damus
theGig · 1w
If a chainsplit happens and persists the price of the original token would likely split between the two takens, not by any protocol rule but because of the free market. The capital is splitting betwee...
S!ayer profile picture
What happened in 2017 when bch split from BTC or Bitcoin ABC, didn't they get their coins replicated in the new chain i.e. 50 BTC = 50 BCH?

I'm not familiar with it, but basically if this split happens I'll get additional tokens on the new chain equal to the existing chain being replicated?

I get free market dynamics etc. but the liquidity needs to come from somewhere or is the value of the new chain zero and then the market decides price action?

Did bch price just start? Or was it zero on chain split

If so, then we'll all get rich and we should chain split into perpetuity
1
theGig · 1w
Bch price didn't just start, it took a little time for exchanges to find the price based on market offers and orders. For that to happen they had to specify a token on the exchanges that everyone agreed on. Futures markets help to understand prices before that point. Liquidity is just the amount peo...