[Bitcoin] UAHF & Trading

Hello r/CryptoMarkets,

This is a question about the upcoming UAHF (user-activated hardfork) coming up in August. It's my understanding that the coins owned on the Bitcoin blockchain will still be valid in the new one, but I'm wondering what the value will be for the hard forked (HF) Bitcoin.

I'm not familiar with how exchanges treat hard forks but I saw the announcement from Coinbase explaining that they don't support the HF. Does the value of the new forked coin start at the same value as where it came? Is it virtually the same coin except it uses a forked protocol? What should traders know about the forked coin?

Thanks!

submitted by /u/Huey-E
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