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Will there be an "initial price of a chain fork" type of opening when this new BCC comes out? Or the price will be same to the regular BTC that we currently use?
What will be the price for BCC bitcoin cash on August 1st?
Answers
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The initial price of BCC will be what the first buyer is willing to pay for it on an exchange. After that, it's simply a matter of demand and supply.
According to coinmarketcap.com, BCC futures are currently trading for $332. This is probably the best indication of what to expect once the market opens.
I would look at the volume in those futures. – marshal craft – 2017-07-31T17:07:22.073
If you rename this question to be about how an initial price of a chain fork is determined, it becomes a much better question. Without that change, this is borderline off topic speculation. – Jestin – 2017-07-31T02:15:22.243