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Topic: The meaning of BTC+BCC=$3000 - page 2. (Read 1079 times)

legendary
Activity: 3108
Merit: 2177
Playgram - The Telegram Casino
July 27, 2017, 08:57:46 AM
#3
Is it a coincidence current bitcoin price ($2573) plus the speculated price of the upcoming bitcoin cash ($453) is just above bitcoin all time high (Combined $3026 compared to all time high approx $3000)?

Is the valuation of bitcoin cash already included in current bitcoin price? If that's the case, then it might not change much on aug 1. My experience is that known upcoming events often are included in price long before it actually happen.

Of course BCC is already included in the current BTC price. As is the upcoming Segwit activation and the possible Segwitx2 fork in November. That the combined price is just above the ATH looks like a fluke to me though, the assumption being that BTC would hover just above the BTC ATH if it weren't for BCC.
hero member
Activity: 910
Merit: 511
July 27, 2017, 08:41:29 AM
#2
Is it a coincidence current bitcoin price ($2573) plus the speculated price of the upcoming bitcoin cash ($453) is just above bitcoin all time high (Combined $3026 compared to all time high approx $3000)?

Is the valuation of bitcoin cash already included in current bitcoin price? If that's the case, then it might not change much on aug 1. My experience is that known upcoming events often are included in price long before it actually happen.

you are computing it before the fork event.
no one shall know what will do after the fork...
you could have BTC+BCC=6000$ or BTC+BCC=60$
no one can know it
full member
Activity: 212
Merit: 102
July 27, 2017, 07:44:48 AM
#1
Is it a coincidence current bitcoin price ($2573) plus the speculated price of the upcoming bitcoin cash ($453) is just above bitcoin all time high (Combined $3026 compared to all time high approx $3000)?

Is the valuation of bitcoin cash already included in current bitcoin price? If that's the case, then it might not change much on aug 1. My experience is that known upcoming events often are included in price long before it actually happen.
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