RE: New Bitcoin named 'Bitcoin Cash' is listed on coinmarketcap site

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New Bitcoin named 'Bitcoin Cash' is listed on coinmarketcap site

in bitcoin •  8 years ago  (edited)

Many exchanges said they weren't going to support the hard fork. So how can the quantity of BTC and BCH be essentially the same?

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8 years ago by

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      ·  8 years ago 

    Bitfinex has already announced it's distribution and keeping in view of demand other exchanges would do the same also investor with btc will receive the same number of bch tokens, although not all exchanges will accept them.

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        ·  8 years ago 

      I will BCH price will explode as new investor would find it attractive and affordable compared to BTC, let's see what happens. Certain things aren't clear yet

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        ·  8 years ago 

      It doesn't matter what the exchanges do.

      BCH cloned the BTC blockchain, so every address has the same amount assigned on the new BCH copy of the chain as it did on the original BTC chain.

      Everything on both chains after that original snapshot is independent of each other.

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          ·  8 years ago 

        Thanks for an insight :)

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