How the fuck does this "split" work?
Do people seriously get to double their money? Hw the fuck does that many any sense???
So coins can just copy and paste, and make new moneY??
How the fuck does this "split" work?
Carter Gutierrez
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Matthew Barnes
you have an apple... no, you have a tree... no... hm.
you will get coins on both BTC and BTU but the price will be halfed. you'll have the same value at the very first second, and then the fun starts.
Austin Smith
no split will happen
it's basically like the Y2K thing
it will be ok in the end, BTC will rise, and people will be saying that everyone was exagerating but they knew nothing would happen in the end
Brandon Jackson
medium.com
Use sources outside this Veeky Forums diarrhea.
Educate yoself niggaz
Also, invest in ANT
Connor Carter
I just read your OP again and realised how retarded you are. So here a little of a metaphor for your monkey brain.
You have coins, we call them red coins. They can be used in red shop to purchase goods. Now the owners of red shop fell out and created blue shop and green shop (1st August).
They will both accept your red coin forever. However, once you used your red coin, your change will either be in blue coin or green coin. You cannot spend your red coin on both.
However, exchanges need to pick a side to continue their business. So make sure your BTC is in cold storage so it remains “red coin“ until you decide which chain you want to spend it on.
That's why there is ETC and ETH btw
Luis Evans
This analogy is inaccurate. Once the red shop falls out all of your red coins are replaced with blue and green coins. So say that you have 100 red coins, once the split happens you will have 100 blue and 100 green coins(provided you have them in your private wallet, exchange makes no such guaranted). Thing is that one of those coins is likely to go down in value to practically nothing.
Alexander Parker
So red coins become exponentially valuable as time goes on? Basically we should hodl?
Aiden Sanchez
There will be no red coins, he fundamentally does not understand how a fork works.
Christopher Moore
if it splits the coins will go down in value dramatically. no one is doubling their money.
Julian Harris
not rue you will have both blue and green when in splits