Topic: Hard fork (Read 485 times)
I wonder what would have happened to bitcoin price if a hard fork had occurred now?
Depends how much hash % the hard fork get. In the March 2013 it was unintentional and resolved very quickly thats why it had only positive impact on price
it would decrease initially -- as happens in any market when confidence is dented -- and then return to much the same level. market prices are based on future expectations, so once any issues have been resolved, it's often business as usual.
At March 2013 a bug in Bitcoin 0.7 caused a hard fork of the chain that could not be automatically resolved (details : https://en.bitcoin.it/wiki/BIP_50).
This event didn't seem to affect bitcoin price and public image of bitcoin.
Now the situation is different. Bitcoin price has increased 30x times since March and now bitcoin is receiving more public attention than ever before.
I wonder what would have happened to bitcoin price if a hard fork had occurred now?
This event didn't seem to affect bitcoin price and public image of bitcoin.
Now the situation is different. Bitcoin price has increased 30x times since March and now bitcoin is receiving more public attention than ever before.
I wonder what would have happened to bitcoin price if a hard fork had occurred now?
Jump to: