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RE: A possible Bitcoin price scenario...

in #bitcoin8 years ago (edited)

Thank you for the reply @thoughtchain.
Steemit crashed during my comment and I am too lazy to write it all again.
I don't really agree with you. Forks and Splits are bad for cryptos in my opinion as they show the speculation and can help people to call it a bubble.
Then, when you have 1 BTC trading at $3000 before the fork, there is no economic/financial reason that after the fork you get 1BTC at $4500 and a BCH at $500.

You call it dividend, I call it speculation and crazyness.

If it was a dividend, as in the Stock Market when you get a 1$ dividend, the share price decrease by the same amount. Split then? If a company splits, after the split the Market Cap of both entities is quite the same (for a few days at least).

I'll see you around ;)

I don't think this Easy Fork Profit will last because it is just fake as the BCH price is showing right now.

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