Am I right?
Yes.
Topic: Bitcoin classic (Read 544 times)
It doesn't matter to me what fork to use. I am not a supporter of any. I only don't want to lose my coins in this fork chaos. That's all. And if I understand well - all I need to do is to not worry, simply keep my coins in Electrum wallet and everything will be fine with them despite Bitcoin forking. Am I right?
All the bitcoins that you owned before the fork will be valid in both blockchains.
Neither of the forks would reset your wallet funds to 0.
If you now spend said coins on the blockchain that is accepted by client A but not B then client B would not see them as spent and would let you spend them again on the blockchain it sees as the valid one.
If none of the Electrum servers support the blockchain you want to use than you have 2 choices
1. migrate to another client that supports your blockchain
2. run your own (private) Electrum server
Neither of the forks would reset your wallet funds to 0.
If you now spend said coins on the blockchain that is accepted by client A but not B then client B would not see them as spent and would let you spend them again on the blockchain it sees as the valid one.
If none of the Electrum servers support the blockchain you want to use than you have 2 choices
1. migrate to another client that supports your blockchain
2. run your own (private) Electrum server
What do you mean, saying: you could spend/sell them on both chains?
I think I will be able to do it without any doubts, otherwise it will mean that servers (that will decide to use Bitcoin Classic, for example) will not support my Electrum wallet and they will show me that I have 0 coins, and only servers (which use old Bitcoin, for example) will allow me to have and spend my money!
I think I will be able to do it without any doubts, otherwise it will mean that servers (that will decide to use Bitcoin Classic, for example) will not support my Electrum wallet and they will show me that I have 0 coins, and only servers (which use old Bitcoin, for example) will allow me to have and spend my money!
Actually it could be that your bitcoins would exist twice.
(And you could spend/sell them on both chains)
The market will regulate both prices in parallel.
At some point I assume one of the prices will decrease in respect of the other and thus forces all users to a single fork or loose allot of money.
(And you could spend/sell them on both chains)
The market will regulate both prices in parallel.
At some point I assume one of the prices will decrease in respect of the other and thus forces all users to a single fork or loose allot of money.
So If Bitcoin Classic comes to reality, Its cost may be not the same as Bitcoin's. And I will be able to choose which fork (server) to use, for example, for selling my coins with the best profit, won't I? 
Thank you 
Which fork will my coins belong to (that are in my Electrum wallet), If Bitcoin classic get 75% support and Bitcoin is forked to Bitcoin and Bitcoin Classic? Will they become Bitcoin Classic coins or stay the same Bitcoin coins?
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