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Maybe, maybe not. Bitcoin might have been 200$ higher without the fork. Merchants find they need to accept any popular currency their users demand. Being forke
by MichaelGG 9y ago
Maybe, maybe not. Bitcoin might have been 200$ higher without the fork.
Merchants find they need to accept any popular currency their users demand. Being forked from the Bitcoin chain is beside the point.
- chii 9y agoif merchants accept bitcoin cash, logic dictates that they must increase their price to match the new supply of money created by this fork, so that the total amount of purchasing power that any particular individual has pre-fork and post-fork remains the same.
- Larrikin 9y agoI'm unaware of any merchant accepting alt coin that isn't immediately converting to fiat. The btc price you see is always pegged to the price at the exchange.