Re: Coindesk: If hardfork with BTU, major exchanges will list it as an Alt Coin
As per Coindesk: In the event of a hardfork with BTU, major exchanges will list BTU as BTU or XBT.
Source: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
Let me repeat this, BTU will be an ALT COIN NOT BITCOIN!
Expect prices to drop.
Source: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
Let me repeat this, BTU will be an ALT COIN NOT BITCOIN!
Expect prices to drop.
Not really surprising at all.
Bitcoin core will remain as "BTC" as most exchanges are saying right now, and in my opinion rightfully so because it is developed by the core team. And Bitcoin Unlimited will be traded as an altcoin.
I think this will be great news for traders and speculators.
You can already buy BTU and BCC tokens on Bitfinex, on margin as well I believe. So for those who want to take a gamble and missed out on the ETF decision, here's the chance to do it again
