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Showing 3 of 3 results by eugenedo1206
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Topic
Board Development & Technical Discussion
Why is Bitcoin the predominant one among forks?
by
eugenedo1206
on 14/10/2017, 12:18:48 UTC
Why is Bitcoin the predominant one among different forks, such as Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X?

Is it because Bitcoin is the most original one? Does it have to do with its price? Or does it have to do with its broad, generic name? Or because it's more widely adopted by many companies? In other words, is there some sort of complicated blockchain technology that will always make the Bitcoin most predominant one among different forks regardless of any circumstances? Is it theoretically possible for forks like Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X to be more predominant than Bitcoin in the future? I don't know much about blockchain technology and I wonder if it's ever related to the fact that Bitcoin's the most predominant one.
Post
Topic
Board Bitcoin Discussion
quick question on SegWit2X
by
eugenedo1206
on 11/10/2017, 12:04:50 UTC
I know a little about Bitcoin and I've heard a lot of rumors of how SegWit2x is going to ruin the value/reputation of the Bitcoin and the market/investing stuff, but what is its direct impact on my Bitcoin? I figured I get free Bitcoin Gold in the Oct 25 but I have no idea what stuff I get from SegWit2x. Do I get double the amount of Bitcoin?
Post
Topic
Board Project Development
question about intial Bitcoin fork price
by
eugenedo1206
on 08/10/2017, 05:12:36 UTC
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?


--------- original reddit post ---------------
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!