Post
Topic
Board Speculation (Altcoins)
Re: B2X initial price?
by
jayc89
on 03/12/2017, 21:43:56 UTC
How is the initial price determined for any coin which splits from BTC? Is it just a case of people get their coin then stick it on an exchange and see what people are willing to pay for it?

Coinmarketcap.com is currently showing futures for B2X at $1,850. Presumably this could influence the initial price people are willing to buy/sell B2X?
What happens to the people that purchase those Bitcoin Futures? I hope that they get their money back because that would be lame if they don't.