Hello. I asked the same question on reddit and received a variety of answers, but there wasn't clear consensus among people. Does anybody know what kind of initial price should I expect for the new Bitcoin fork?
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I am relatively new to Bitcoin (new to Reddit too), have learned a lot of Bitcoin and invested some money on Bitcoin. I just have a specific question about Bitcoin fork price. How is the initial price of the coins determined at fork? If Coin A with price 500 forks into Coin A and Coin B, does it get split in two, say two coins with the initial prices 200 and 300, or does the price gets duplicated, Coin A with price 500 and Coin B with Price 500? Or is the initial fork price completely arbitrary, theoretically ranging from 0 to zillion? Or does the developer of the the coins determine the initial fork price? Enlighten me please, Thanks!