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Title: Will you sell your BitcoinABC or hold on to it? Post by: adaseb on July 17, 2017, 09:47:45 PM If BitcoinABC gains some very small traction lets say it hits an exchange at $100 BCC/USD, would you sell your BCC or hold on to it for the future incase it overtakes the Bitcoin Core ?
I think we all sold our ETC when it magically appeared on Poloniex and we basically considered it as winning the lottery since we still got to keep our ETH and the ETC was a free bonus. However we all sold it very cheap and if we were patient then we would of gotten almost the same value as ETH during the split ($15 ETH/USD). So lets say we sell our BCC very cheap. And then in 2-3 years, after all the bugs get sorted it it eventually overtakes BTC. And when it overtakes BTC might become lower than BCC. Another issue with this is the BTC payments we receive AFTER the fork. Lets say we decide to hold BCC. But any payment we get after the fork, we will only get it on the main Bitcoin Core chain. Then in 2-3 years, when BCC over takes BTC, we won't have the difference in BCC since it happened after the work. EDIT: You can sell your BCC coins now actually https://www.viabtc.com/convert/bcc Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: mudiko on July 17, 2017, 10:05:08 PM I believe we should wait before deciding what to do. Hardfork can be problematic which would make our legacy coins worth more. I see no guilt behind legacy coins that is why they can not be easily seen as worthless. By Ethereum there were issues before hardfork which made to sell ETC's not so stupid. Legacy Bitcoins have no such bad reputation and it would be definitely logical to keep it since ETC was also not as bearish as peoples prejudices.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: hatshepsut93 on July 17, 2017, 10:07:58 PM Did Bitcoin Classic and Bitcoin XT surged in price already? Or achieved anything significant? Obviously no, and since ABC, Segwit2X, BU all have weak developers, those forks aren't going to succeed. Your comparison with ETH/ETC is entirely wrong, as the price of ETC increased as a part of altcoin bubble, it has showed 200-300% growth since Auguest, but ETH increased up to 600% in that time, so it's obvious now that it was better to sell ETC and buy ETH. Besides, it's wrong to extrapolate the outcomes of forks on other coins into Bitcoin, every situation is unique and has it's own driving forces.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: BlindMayorBitcorn on July 17, 2017, 10:11:02 PM I plan to do nothing for a few more years. Who knows. 8)
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: lombok on July 17, 2017, 10:18:18 PM I never stick to 1 coin. Because I am not an investor who holds the coin in the long run. In this forum also suppose there is a salary from a project is usually also directly in melt.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: digaran on July 17, 2017, 10:20:36 PM Hold on to what exactly a coin which only Bitmain is mining most of the coins by their asicboost and will be the largest pool having almost 100% of hash power controlling everything? hell no.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: xskl0 on July 17, 2017, 11:03:27 PM I think do nothing is the best option
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Fishbones78 on July 17, 2017, 11:16:06 PM I'll be dumping my BTC alternative within a week or so. I don't believe this fork will overtake Bitcoin Core. Core is the norm - a bit like Google. Core has so much media coverage and with it being the go-to crypto, I just can't see 01/08/2017 being its death.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: ImHash on July 17, 2017, 11:33:02 PM If there will be a split, did ETC miners change anything after the fork? but now they don't want to stay with the same version/code they want to fork with their own code, did you know if a hostile party ever wanted to damage bitcoin they would do the same thing as Wu? how do we know he's not working for some government to damage bitcoin? if the majority forks and the minority stays with the smaller chain without any code changing then I'd keep that kind of coin.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: xuan87 on July 17, 2017, 11:35:11 PM I think the best option is to watch and observe, when the bitcoinabc appears we still don't know what will be the potential and then the price is also low, so you will only get extra few dollars, but when you hold it who knows in the future it can be expensive, you won't lost anything by holding it for a while
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: williamuk on July 18, 2017, 01:04:38 AM If BitcoinABC gains some very small traction lets say it hits an exchange at $100 BCC/USD, would you sell your BCC or hold on to it for the future incase it overtakes the Bitcoin Core ? I think we all sold our ETC when it magically appeared on Poloniex and we basically considered it as winning the lottery since we still got to keep our ETH and the ETC was a free bonus. However we all sold it very cheap and if we were patient then we would of gotten almost the same value as ETH during the split ($15 ETH/USD). So lets say we sell our BCC very cheap. And then in 2-3 years, after all the bugs get sorted it it eventually overtakes BTC. And when it overtakes BTC might become lower than BCC. Another issue with this is the BTC payments we receive AFTER the fork. Lets say we decide to hold BCC. But any payment we get after the fork, we will only get it on the main Bitcoin Core chain. Then in 2-3 years, when BCC over takes BTC, we won't have the difference in BCC since it happened after the work. If the aim of Bitcoin ABC is to restore the unlimited block size as it was in the original Satoshi Nakamoto design then yes I'd want some. That's what I thought I was buying in 2014 but back then I wasn't aware of the 2011 1Mb change that created this current artificial scarcity :| Don't try to pull a fast one with a premining scam. Don't try to charge extra transaction fees on top of coin rewards for miners. Any sign of exploitation and I won't touch it with a bargepole. I suspect many others like me that is, not miner dev or short term speculator, think the same. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jonald_fyookball on July 18, 2017, 01:12:23 AM Bitcoin Cash chain will not have any premine. www.bitcoincash.org
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: 25hashcoin on July 18, 2017, 01:30:28 AM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for.
http://www.bitcoincash.org Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: ImHash on July 18, 2017, 01:47:11 AM Bitcoin Cash chain will not have any premine. www.bitcoincash.org Bitcoin dark/ unlimited/ bitcoin plus/ bitcoin xt now bitcoin cash, they all are the same sh*t, I wonder if they have implemented something much more efficient and stronger than ASICboost this time on bitcoin cash code to mine everything instead of 30% of blocks?So you guys decided to fork away with your altcoin? looks good on you. then be prepared for a few brand new bitcoins, if it's about the code then we could start another bitcoin but with a different name of course. Satoshi provided the idea, he didn't invest money on it, his vision is not relevant to people invested millions of dollars. Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. Usual shill, how'd you know if he wanted you to steal his ideas and change whatever makes you more profit in his code and lie about it being his vision?http://www.bitcoincash.org If bitcoin cash is going to be a success then so as a new copy of bitcoin with 8MB block size and any improved feature minus the ASICboost you idiots. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: radamiel on July 18, 2017, 02:11:21 AM It really depends on how the players respond to what will happen after the 1st of August, I would prefer that would be a reference in cryptocurrency transactions, whether bitcoinABC, BTU, BBC or any other name of the new bitcoin. Whatever happens we must always follow the market and the circumstances that exist so we can continue to adapt and survive in the world of cryptocurrency
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: szpalata on July 18, 2017, 02:38:23 AM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. http://www.bitcoincash.org Hold on to it until I can't anymore, there's nothing going to let me well my bitcoins even though it took a deep tumble and shook the market I'm still hopeful of a better tomorrow. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: BlindMayorBitcorn on July 18, 2017, 02:56:45 AM I think do nothing is the best option I believe we should wait I think the best option is to watch Hold onto it! Hold on to it do nothing I think these are all excellent plans IMHO Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: williamuk on July 18, 2017, 03:00:54 AM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. http://www.bitcoincash.org Will there be fees on top of the miners' coin rewards? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: YOYOY on July 18, 2017, 03:13:02 AM I guess we should wait of what would be really happens at that time but if it comes to a good output then why not and we should be depend what was the market would do.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Sniper44 on July 18, 2017, 03:24:49 AM bitcoin is honestly becoming hard to follow, each day they come up with a new name for something new or most of the time the same thing. just in disguise!
can someone give a quick summary of what this new one called bitcoinABc is? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: GreenBits on July 18, 2017, 03:27:39 AM we will see a repeat of the eth/etc situation. one fork will remain dominant; the other fork will fall to a fraction of the price after a slow ride down. there is too much going on in all of this; the opportunity is being seized by too many camps to push a reinterpretation of bitcoin. core, despite if I agree with all its decisions, is a result of the democracy we have all decided to participate in, up to this point. also from a legal standpoint; it would seem that core was the specific asset people added to portfolios and iras. if this value splits, who get the additional value? same for exchanges. they will make a mint overnight, simply because the average investor in this space has absolutely no saavy :( and believe they will liquidate this new found wealth; this will contribute to the non dominate chain dropping even faster.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: RoommateAgreement on July 18, 2017, 03:43:46 AM if you someday split bitcoin i will probably stop using it completely. because i simply believe that bitcoin is the reliable cryptocurrency as long as it is one chain and things like consensus mean something in it. and a split only happens when there is no consensus hence bitcoin would no longer be reliable in my opinion.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: ryanben on July 18, 2017, 04:25:49 AM look back at the history of the value of Bitcoin we will see it has gone through tough times to how, with the current market capitalization is still too small compared with the average.
Bitcoin future will become stronger than ever Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: arlinxoha on July 18, 2017, 07:20:58 AM Still did not think of it. When I thought I would be in that situation, then the decision would be taken. But I think I should wait. The result of the waiting is good. I'm still hopeful of a good time.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: cunese on July 18, 2017, 08:55:30 AM I may only hold BitcoinABC which is highest market value.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: krishnapramod on July 18, 2017, 09:42:17 AM bitcoin is honestly becoming hard to follow, each day they come up with a new name for something new or most of the time the same thing. just in disguise! can someone give a quick summary of what this new one called bitcoinABc is? https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67 https://www.bitcoincash.org https://www.bitcoinabc.org Bitcoin Cash (BCC) is a proposed altcoin through UAHF. I just came to know about this ABC coin, in my previous post I had asked would there be an UAHF in August, there won't be a UAHF because segwit will get activated before then. And now on this thread, hypothetical talks of selling Bitcoin ABC or holding on to it. Too much FUD. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pedrog on July 18, 2017, 09:49:14 AM BitcoinABC is Bitcoin Unlimited?
I'm getting lost with all these forks... Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: haroldtee on July 18, 2017, 11:10:11 AM I would rather hold on to all that I have for so long until I am sure it is safe to spend. I don't want to start having the feelings of 'had I known'. Ater that anyway, I may still hold on probably it could have some tangible value later on, or worst exchange it for another prospectful altcoin. All decisions are dependent on what the future ends up being like.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: milewilda on July 18, 2017, 11:12:12 AM If we would really come into this point then i would do nothing at all and just let those things happen.This would already depend on a certain person if they would really treat is as a bonus on their holdings and sold their BCC and would stick to Core. People have different decisions and usage on their coins so the answer of this question would really be different.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: dquancey on July 18, 2017, 11:49:42 AM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. http://www.bitcoincash.org It's the "real" bitcoin and Satoshi's vision. Was it Satoshis vision for Bitcoin to be centralised by only people who can afford ridiculous hardware to run nodes on? These people such as Mcafee, Wright, Ver? All trustworthy folk ;D Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pedrog on July 19, 2017, 01:59:50 PM It would be interesting if they actually fork, although, I don't believe they'll do it, most likely scenario if they do it is they lose a lot of money because nobody will use their chain.
BTW, who's developing BitcoinABC? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Proton2233 on July 19, 2017, 02:07:06 PM BitcoinABC is Bitcoin Unlimited? What is BitcoinABC !?? I'm getting lost with all these forks... Someone explain it please :( Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: aesma on July 19, 2017, 02:21:21 PM we will see a repeat of the eth/etc situation. one fork will remain dominant; the other fork will fall to a fraction of the price after a slow ride down. there is too much going on in all of this; the opportunity is being seized by too many camps to push a reinterpretation of bitcoin. core, despite if I agree with all its decisions, is a result of the democracy we have all decided to participate in, up to this point. also from a legal standpoint; it would seem that core was the specific asset people added to portfolios and iras. if this value splits, who get the additional value? same for exchanges. they will make a mint overnight, simply because the average investor in this space has absolutely no saavy :( and believe they will liquidate this new found wealth; this will contribute to the non dominate chain dropping even faster. I disagree. ETH was/is innovative. A segwit BTC or 2MB BTC is still pretty much BTC, no innovation. If a fork happens, either the altcoin will win quickly and become the new BTC, or it will die out. People wont care for another BTC derivative. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: aesma on July 19, 2017, 02:24:53 PM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. http://www.bitcoincash.org It's the "real" bitcoin and Satoshi's vision. Was it Satoshis vision for Bitcoin to be centralised by only people who can afford ridiculous hardware to run nodes on? These people such as Mcafee, Wright, Ver? All trustworthy folk ;D If you run a node you will now need 4 times more storage space, can you afford it ? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jtipt on July 19, 2017, 02:42:37 PM IMO best option is to just hold and wait out all the confusion and panic selling that is going to follow after the fork. Even after everything is calm I would prefer holding to see what would happen in future.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Mastergerund on July 19, 2017, 02:45:18 PM Thats the thing, bcc wont ever take over bitcoin. THAT would be a dream come true if it did, but I wont get my hopes up.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pedrog on July 19, 2017, 02:45:22 PM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. http://www.bitcoincash.org It's the "real" bitcoin and Satoshi's vision. Was it Satoshis vision for Bitcoin to be centralised by only people who can afford ridiculous hardware to run nodes on? These people such as Mcafee, Wright, Ver? All trustworthy folk ;D If you run a node you will now need 4 times more storage space, can you afford it ? It won't because nobody will use it, less space needed than original Bitcoin. :D Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: freebutcaged on July 19, 2017, 05:02:41 PM Keep dreaming while you can, whatever altcoin that is, it's not Bitcoin, no difference between Bitcoin cash and
Dozens of other wanna be Bitcoins out there, I wouldn't touch it and looks like they know it as well that it's not Bitcoin that's why they chose a name for it already, some Satoshi vision that is. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: 25hashcoin on July 19, 2017, 08:09:45 PM Thats the thing, bcc wont ever take over bitcoin. THAT would be a dream come true if it did, but I wont get my hopes up. If sw2x gets blocked then theres a good chance BitcoinCash would win. Fast and cheap payment bitcoin vs expensive and slow payment bitcoin. Lol Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: ChironRegera on July 19, 2017, 08:28:40 PM BitcoinABC is Bitcoin Unlimited? What is BitcoinABC !?? I'm getting lost with all these forks... Someone explain it please :( BitcoinABC is the name of the client. Bitcoin Cash (BCC) is the proposed name of the new coin that will split from BTC on Aug 1. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: The One on July 19, 2017, 08:51:00 PM Bitcoin Cash chain will not have any premine. www.bitcoincash.org Would it not be better to call it Bitcoin and after all Bitcoin Core is an altcoin, since they added the word "Core"? If not BitcoinSN. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pdpanzer on July 19, 2017, 09:30:52 PM we will see a repeat of the eth/etc situation. one fork will remain dominant; the other fork will fall to a fraction of the price after a slow ride down. there is too much going on in all of this; the opportunity is being seized by too many camps to push a reinterpretation of bitcoin. core, despite if I agree with all its decisions, is a result of the democracy we have all decided to participate in, up to this point. also from a legal standpoint; it would seem that core was the specific asset people added to portfolios and iras. if this value splits, who get the additional value? same for exchanges. they will make a mint overnight, simply because the average investor in this space has absolutely no saavy :( and believe they will liquidate this new found wealth; this will contribute to the non dominate chain dropping even faster. ABC = no adoption Unlimited = will be like ETC vs ETH Bitcoin Core = ETH I don't like any of what Bitcoin Core is doing. I am surprised that these side chains are defended like it was in Satoshi's mind or true to Bitcoin. Core is creating a horrible mess and the cost will come later. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: eternalgloom on July 19, 2017, 09:37:09 PM I'm not going to touch any of my coins until all of this is over. Sorry I just think that a split is the worst option.
Might just leave Bitcoin altogether and switch to Litecoin as my main form of cryptocurrency. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Pixmartz on July 20, 2017, 12:30:44 AM we will see a repeat of the eth/etc situation. one fork will remain dominant; the other fork will fall to a fraction of the price after a slow ride down. there is too much going on in all of this; the opportunity is being seized by too many camps to push a reinterpretation of bitcoin. core, despite if I agree with all its decisions, is a result of the democracy we have all decided to participate in, up to this point. also from a legal standpoint; it would seem that core was the specific asset people added to portfolios and iras. if this value splits, who get the additional value? same for exchanges. they will make a mint overnight, simply because the average investor in this space has absolutely no saavy :( and believe they will liquidate this new found wealth; this will contribute to the non dominate chain dropping even faster. ABC = no adoption Unlimited = will be like ETC vs ETH Bitcoin Core = ETH I don't like any of what Bitcoin Core is doing. I am surprised that these side chains are defended like it was in Satoshi's mind or true to Bitcoin. Core is creating a horrible mess and the cost will come later. I think it's a policy that developers create to gain more profit. The decision to be taken depends on what will happen after August 1st. All set by large users who play in the market to determine the right choice and influence where other users will follow. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Daisuke on July 20, 2017, 12:35:25 AM we will see a repeat of the eth/etc situation. one fork will remain dominant; the other fork will fall to a fraction of the price after a slow ride down. there is too much going on in all of this; the opportunity is being seized by too many camps to push a reinterpretation of bitcoin. core, despite if I agree with all its decisions, is a result of the democracy we have all decided to participate in, up to this point. also from a legal standpoint; it would seem that core was the specific asset people added to portfolios and iras. if this value splits, who get the additional value? same for exchanges. they will make a mint overnight, simply because the average investor in this space has absolutely no saavy :( and believe they will liquidate this new found wealth; this will contribute to the non dominate chain dropping even faster. ABC = no adoption Unlimited = will be like ETC vs ETH Bitcoin Core = ETH I don't like any of what Bitcoin Core is doing. I am surprised that these side chains are defended like it was in Satoshi's mind or true to Bitcoin. Core is creating a horrible mess and the cost will come later. I think it's a policy that developers create to gain more profit. The decision to be taken depends on what will happen after August 1st. All set by large users who play in the market to determine the right choice and influence where other users will follow. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: lighpulsar07 on July 20, 2017, 02:17:24 AM I will hold it first, then i will be sell once bitcoin ABC is available fom all exchanges. i really don't like bitcoin abc and bitcoin cash because they are just making it more messier than before. well anyway, the market will decide what will be price off those bitcoin forks anyway.
True. And as for me, for now, it is much better if you will hold your bitcoins and wait until what will happen after August 1st because most probably, from what I have read from the discussions, bitcoin's price will get high compared to its price at present resulting for the bitcoin holders to gain more profit. what are you referring to? bitcoin itself? well you are in wrong discussion mate it's all about bitcoin ABC the bitmain's UAHF it was their response if (UASF) BIP 148 was successfully activated in august 1.Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: alexsamudra on July 20, 2017, 03:30:09 AM I will sell it if the price is topmost and I will search or mine again.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: nagobinga on July 20, 2017, 04:08:46 AM It is not possible I will sell I will still maintain it because a sa 'at later would have no use for my future and the future of my child.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: fisheater on July 20, 2017, 04:11:51 AM Sell for sure, bitcoin ABC to me is an altcoin, so I won't keep it for long time. Short time for trading is fine.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: northstarh on July 20, 2017, 04:32:44 AM If BitcoinABC gains some very small traction lets say it hits an exchange at $100 BCC/USD, would you sell your BCC or hold on to it for the future incase it overtakes the Bitcoin Core ? I think we all sold our ETC when it magically appeared on Poloniex and we basically considered it as winning the lottery since we still got to keep our ETH and the ETC was a free bonus. However we all sold it very cheap and if we were patient then we would of gotten almost the same value as ETH during the split ($15 ETH/USD). So lets say we sell our BCC very cheap. And then in 2-3 years, after all the bugs get sorted it it eventually overtakes BTC. And when it overtakes BTC might become lower than BCC. Another issue with this is the BTC payments we receive AFTER the fork. Lets say we decide to hold BCC. But any payment we get after the fork, we will only get it on the main Bitcoin Core chain. Then in 2-3 years, when BCC over takes BTC, we won't have the difference in BCC since it happened after the work. This depends on the current decision, if you keep the bitcoin and wait for the division, I'm sure you believe it, whether it passes bitcoin core or just a small coin, it is still affected by your initial decision. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: williamuk on July 20, 2017, 04:46:18 AM we will see a repeat of the eth/etc situation. one fork will remain dominant; the other fork will fall to a fraction of the price after a slow ride down. there is too much going on in all of this; the opportunity is being seized by too many camps to push a reinterpretation of bitcoin. core, despite if I agree with all its decisions, is a result of the democracy we have all decided to participate in, up to this point. also from a legal standpoint; it would seem that core was the specific asset people added to portfolios and iras. if this value splits, who get the additional value? same for exchanges. they will make a mint overnight, simply because the average investor in this space has absolutely no saavy :( and believe they will liquidate this new found wealth; this will contribute to the non dominate chain dropping even faster. ABC = no adoption Unlimited = will be like ETC vs ETH Bitcoin Core = ETH I don't like any of what Bitcoin Core is doing. I am surprised that these side chains are defended like it was in Satoshi's mind or true to Bitcoin. Core is creating a horrible mess and the cost will come later. I think it's a policy that developers create to gain more profit. The decision to be taken depends on what will happen after August 1st. All set by large users who play in the market to determine the right choice and influence where other users will follow. Agreed. I think Bitcoin still has a chance to lead if more serious consideration is given to it's governance, the current situation with 'Core' is undesirable. IMO after the shenanigans we have witnessed the existing 'Core' team should be taken out of the loop. A new development team should be formed and placed under the strict supervision and control of an independent group of user representatives (users being exchanges, merchants, miners, client applications users, etc.) Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jonald_fyookball on July 20, 2017, 05:27:45 AM Hold onto it! BitcoinABC known as Bitcoin Cash IS Satoshi's vision to me. It is the real bitcoin I signed up for. http://www.bitcoincash.org It's the "real" bitcoin and Satoshi's vision. Was it Satoshis vision for Bitcoin to be centralised by only people who can afford ridiculous hardware to run nodes on? These people such as Mcafee, Wright, Ver? All trustworthy folk ;D from satoshi Quote Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section 8) to check for double spending, which only requires having the chain of block headers, or about 12KB per day. Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node. Yes, it was satoshi's vision that as the network grows, it would be expensive to run a mining node. that doesn't mean it is centralized at all. most users do not need to run a full node. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jbreher on July 20, 2017, 05:42:03 AM If you run a node you will now need 4 times more storage space, can you afford it ? Among all the stupid reasons to be against bigblocks, this has got to be the stupidest. Storage is currently two-and-a-half US cents per GB. https://www.backblaze.com/blog/hard-drive-cost-per-gigabyte/ (https://www.backblaze.com/blog/hard-drive-cost-per-gigabyte/) BCC might have a rough initial period due to limited mining support. But if it can make it through its infancy, it will likely become dominant. The ability to accommodate transaction demand make it a long-term winner over cripplecoin. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jonald_fyookball on July 20, 2017, 05:53:29 AM If you run a node you will now need 4 times more storage space, can you afford it ? Among all the stupid reasons to be against bigblocks, this has got to be the stupidest. Storage is currently two-and-a-half US cents per GB. https://www.backblaze.com/blog/hard-drive-cost-per-gigabyte/ (https://www.backblaze.com/blog/hard-drive-cost-per-gigabyte/) BCC might have a rough initial period due to limited mining support. But if it can make it through its infancy, it will likely become dominant. The ability to accommodate transaction demand make it a long-term winner over cripplecoin. bring on the split. as long as there's a big block version of bitcoin, then it is ensured that at least one version of bitcoin can be used as p2p electronic cash. the other chain can be as competitive or feeble as it wants. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Prodigan786 on July 20, 2017, 09:45:18 AM My first questionis the name decided after a split it will be named as BitcoinABC (BCC) like ethereum classic (ETC) I really curious about that even who will decide which part of chain we will be lets wait till fork happens then i will decide mostly i will keep for long time.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: aesma on July 20, 2017, 02:32:43 PM If you run a node you will now need 4 times more storage space, can you afford it ? Among all the stupid reasons to be against bigblocks, this has got to be the stupidest.Then why are so few people running a full node ? There are also bandwidth consideration. I have more than 250TB of storage space at home, but limited bandwidth. My Bitcoin Core wallet has crashed for some reason (PC is extremely stable, with ECC memory) and it doesn't manage to recover. It took me weeks to download the blockchain, I'm not ready to do it again. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pedrog on July 20, 2017, 02:38:13 PM If you run a node you will now need 4 times more storage space, can you afford it ? Among all the stupid reasons to be against bigblocks, this has got to be the stupidest.Then why are so few people running a full node ? There are also bandwidth consideration. I have more than 250TB of storage space at home, but limited bandwidth. My Bitcoin Core wallet has crashed for some reason (PC is extremely stable, with ECC memory) and it doesn't manage to recover. It took me weeks to download the blockchain, I'm not ready to do it again. I wouldn't consider almost 100,000 full nodes 'few people'... http://luke.dashjr.org/programs/bitcoin/files/charts/software.html Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: blakeh on July 20, 2017, 02:39:55 PM If BitcoinABC gains some very small traction lets say it hits an exchange at $100 BCC/USD, would you sell your BCC or hold on to it for the future incase it overtakes the Bitcoin Core ? I think we all sold our ETC when it magically appeared on Poloniex and we basically considered it as winning the lottery since we still got to keep our ETH and the ETC was a free bonus. However we all sold it very cheap and if we were patient then we would of gotten almost the same value as ETH during the split ($15 ETH/USD). So lets say we sell our BCC very cheap. And then in 2-3 years, after all the bugs get sorted it it eventually overtakes BTC. And when it overtakes BTC might become lower than BCC. Another issue with this is the BTC payments we receive AFTER the fork. Lets say we decide to hold BCC. But any payment we get after the fork, we will only get it on the main Bitcoin Core chain. Then in 2-3 years, when BCC over takes BTC, we won't have the difference in BCC since it happened after the work. If there is a chain split do you own both coins? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jbreher on July 20, 2017, 02:40:52 PM My first questionis the name decided after a split it will be named as BitcoinABC (BCC) No. The most prevalent opinion is that after the split, the bigblock chain will be known as Bitcoin Cash. BitcoinABC is just one of the clients that will operate on this chain. As will Bitcoin Unlimited, and likely Classic, XT, and others. That is until it becomes majority chain. Which may happen within a half year - due to increased utility over 'that other' chain. At which point, it would be likely that the bigblock chain will become known as simply Bitcoin. And the crippled chain will need to choose a new name for itself. Of course, this assumes that Bitcoin Cash makes it through its infancy. It will likely start out with minority support. Thereby less incentive to mine. But with (relatively) unlimited transaction capacity, it can accommodate transaction demand that S2 cannot. Thereby making Bitcoin (Cash) once again attractive for all the use cases (e.g., retail purchases) that core drove away. More utility -> more use -> more velocity -> more demand -> rising price -> incentive to mine -> more security -> more utility. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jbreher on July 20, 2017, 02:44:35 PM If you run a node you will now need 4 times more storage space, can you afford it ? Among all the stupid reasons to be against bigblocks, this has got to be the stupidest.Then why are so few people running a full node ? You'd have to ask them. I am unaware of any valid poll ever conducted on the matter. Though lacking data, I personally am convinced that so few people run a node (I assume you mean a fully-validating, non-mining wallet?) because they have no incentive to do so. I run a fully-validating, non-mining wallet because I value the ability to transact directly onchain. I guess most Bitcoiners don't give a shit about the ability to do so. Then again, maybe more people that we have thought realize the falseness of the dogma that such non-mining, fully-validating wallets provide some sort of benefit to the network itself. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: European Central Bank on July 20, 2017, 02:49:07 PM It's pure junk with no support from anyone other than the weirdoes who've been plaguing bitcoin for years.
If it does surpass bitcoin then the whole thing has failed. That's more to do with the personnel than the bigger blocks. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jbreher on July 20, 2017, 02:53:12 PM If it does surpass bitcoin then the whole thing has failed. Got any logic that supports that assertion? Or are you just emoting? Let us posit a hypothetical. Let us assume (just go with me here) that legacy Bitcoin retains its current market cap, and Bitcoin Cash rises to 10x (~420B USD). In such a case, has 'the whole thing failed'? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Racer8 on July 22, 2017, 06:39:32 AM To save ABC synch time can I point the ABC wallet at a copy of the core blockchain?
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: adaseb on July 22, 2017, 09:03:47 AM Looks like the trading pair is finally live
https://www.viabtc.com/convert/bcc You can sell your BCC now with your BTC if you think it will be a failure, after the fork get your original BTC back. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: GideonGono on July 22, 2017, 09:13:16 AM Did Bitcoin Classic and Bitcoin XT surged in price already? Or achieved anything significant? Obviously no, and since ABC, Segwit2X, BU all have weak developers, those forks aren't going to succeed. Your comparison with ETH/ETC is entirely wrong, as the price of ETC increased as a part of altcoin bubble, it has showed 200-300% growth since Auguest, but ETH increased up to 600% in that time, so it's obvious now that it was better to sell ETC and buy ETH. Besides, it's wrong to extrapolate the outcomes of forks on other coins into Bitcoin, every situation is unique and has it's own driving forces. Also Bitcoin shouldn't be compared to any other alt coins. This actually depends on how people will adapt it and who gains more popularity as time goes by since it hasn't happened yet and we are unsure if it will happen. We can judge it base on how scalable it is and the capabilities that each Bitcoin can present. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Rinaze on July 22, 2017, 09:22:53 AM Theoretically I would hold and you will probably judge the altcoin or rather split coin by their respective developers team and roadmap. If BTU, BTABC, BCC or whatever is not just there to confuse investors or for purely speculating, I probably would have second thought on selling. I think even up till today, it's still hard to actually determine if ETC is actually really an ongoing serious project or just "another" ether coin out there.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: kwood on July 22, 2017, 06:18:10 PM Has Poloniex said anything about listing/crediting BitcoinCash/BitcoinABC? I know they specifically mentioned Unlimited would be if it met criteria that BitcoinABC does, but I'm still nervous!
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: aesma on July 22, 2017, 06:36:57 PM Looks like the trading pair is finally live https://www.viabtc.com/convert/bcc You can sell your BCC now with your BTC if you think it will be a failure, after the fork get your original BTC back. You must be crazy to do this. There is no upside. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: European Central Bank on July 22, 2017, 06:39:42 PM Has Poloniex said anything about listing/crediting BitcoinCash/BitcoinABC? I know they specifically mentioned Unlimited would be if it met criteria that BitcoinABC does, but I'm still nervous! i presume the other exchanges are playing wait and see. i dunno if they wanna get involved with futures. if it survives then you can bet it'll be added everywhere. there's a mountain of money to be made by exchanges. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: 25hashcoin on July 22, 2017, 06:50:47 PM Don't sell BCC. You may be selling all of your bitcoin and be left with worthless DCG segwit tokens.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: mindrust on July 22, 2017, 06:52:19 PM Looks like the trading pair is finally live https://www.viabtc.com/convert/bcc You can sell your BCC now with your BTC if you think it will be a failure, after the fork get your original BTC back. You must be crazy to do this. There is no upside. +1 I personally don't trust viabtc neither. I don't trust any exchage but the exchange which proposes its own alt by splitting bitcoin? Hell no. Can't leave my precious bitcoins hostage there for 9 days... Too risky. If you are going to dump, wait for more legit exchanges to list bcc, those who don't ask id confirmations. You may not find these rates after August 1 though. Still worth taking the risk Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pdpanzer on July 22, 2017, 06:58:17 PM It's pure junk with no support from anyone other than the weirdoes who've been plaguing bitcoin for years. If it does surpass bitcoin then the whole thing has failed. That's more to do with the personnel than the bigger blocks. Why should bitcoin not be used to pay? After all, one of the biggest drives comes from exchanges, which in a sense gave so much value (being the Currency vs the Asset) to bitcoin as default escape and conduit, but when talking about trillions of trade, we get this sh****** coin that takes 30 mins to hours to validate a transaction. Off-chain/side-chains = none of the benefits of the original bitcoin vision and no value whatsoever in a world that will be filled with micro transactions. The Core developers should be fired immediately. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: xbiv2 on July 22, 2017, 07:00:36 PM If BitcoinABC gains some very small traction lets say it hits an exchange at $100 BCC/USD, would you sell your BCC or hold on to it for the future incase it overtakes the Bitcoin Core ? Where it will be posible to sell?I think we all sold our ETC when it magically appeared on Poloniex and we basically considered it as winning the lottery since we still got to keep our ETH and the ETC was a free bonus. However we all sold it very cheap and if we were patient then we would of gotten almost the same value as ETH during the split ($15 ETH/USD). So lets say we sell our BCC very cheap. And then in 2-3 years, after all the bugs get sorted it it eventually overtakes BTC. And when it overtakes BTC might become lower than BCC. Another issue with this is the BTC payments we receive AFTER the fork. Lets say we decide to hold BCC. But any payment we get after the fork, we will only get it on the main Bitcoin Core chain. Then in 2-3 years, when BCC over takes BTC, we won't have the difference in BCC since it happened after the work. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: European Central Bank on July 22, 2017, 07:03:51 PM The Core developers should be fired immediately. you'll find out soon enough with this chain anyway. i pay all the time with bitcoin. i pay with it because it's accepted because it's coded by competent people. that's why it has the price it has. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: bryant.coleman on July 22, 2017, 07:09:14 PM I don't know what is going to happen in August. For sure the BCC has some powerful backers. There is going to be a huge dump in the first week of August, but what happens after that is going to be important. There is a chance that the exchange rates can recover. But right now, I don't think that BCC is going to overtake BTC at any point of time in the near future.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: plims on July 22, 2017, 07:11:14 PM Doesn't matter what will happen on 1st August - I will never sell my Bitcoins. The price will be grow for sure in the future!
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: coolcoinz on July 22, 2017, 07:31:46 PM Doesn't matter what will happen on 1st August - I will never sell my Bitcoins. The price will be grow for sure in the future! Are you talking about never selling your BTC on both chains? If there really is a split one of the chains might die out and stay at purely speculative level, while the other one keeps growing. In such case it might be a good idea to sell. https://www.viabtc.com/convert/bcc I don't like this idea and I don't recommend selling your coins there. Who knows what will happen to those frozen coins, maybe they'll disappear forever :D Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: 25hashcoin on July 22, 2017, 08:00:50 PM Doesn't matter what will happen on 1st August - I will never sell my Bitcoins. The price will be grow for sure in the future! Are you talking about never selling your BTC on both chains? If there really is a split one of the chains might die out and stay at purely speculative level, while the other one keeps growing. In such case it might be a good idea to sell. https://www.viabtc.com/convert/bcc I don't like this idea and I don't recommend selling your coins there. Who knows what will happen to those frozen coins, maybe they'll disappear forever :D Terrible advice. This is how you lose your bitcoins. Going to be a lot of sad people on this forum one day in the near future thanks to all the disinformation and bad advice. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: stergium on July 22, 2017, 08:56:13 PM I don't know what is going to happen in August. For sure the BCC has some powerful backers. There is going to be a huge dump in the first week of August, but what happens after that is going to be important. There is a chance that the exchange rates can recover. But right now, I don't think that BCC is going to overtake BTC at any point of time in the near future. although no one know about that what is going to happen on 1st August, but i think one thing is clear and that there is nothing wrong is going to happen to the price of bitcoin. and instead of bitcoin is becoming more. i am sure that 1st Augst the price of bitcoin is expected to increase too much in ater 1stt August. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Qoheleth on July 22, 2017, 10:54:00 PM IMO, Bitcoin's main strength (compared to Dash, Ethereum, etc) is that it's chain with the biggest hashrate, and thus, the hardest to double-spend against.
This is an especially real risk when we start talking about ideological hardforks. When Ethereum Classic happened, one ideological ETH-loyal miner made public threats to use his hashpower to double-spend on ETC and render it useless; it was only an influx of ETC hashpower that stopped him. So for BCC, BitcoinABC, etc to be useful, they need to win over a significant % of BTC's current hashpower. Do you consider that likely, when the /NYA/ presents a less risky road to increased blocksize? Edit: I just realized I didn't answer the original question. Long story made short, I don't think I'll have the chance to sell my BitcoinABC, because I don't think there will be a market for it. If there is a market, I'll probably sell most of it. Not all - might as well hedge a little. But most. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: European Central Bank on July 22, 2017, 10:57:53 PM So for BCC, BitcoinABC, etc to be useful, they need to win over a significant % of BTC's current hashpower. Do you consider that likely, when the /NYA/ presents a less risky road to increased blocksize? it's the pet of jihan wu. he probably controls over 50% of the hash rate. i don't think he's dim enough to attack the original chain or go all in with this new one, but i believe he could if he wanted to. difficulty is gonna be a bunch lower so it might attract a bunch of older miner mining machines. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Qoheleth on July 22, 2017, 11:08:21 PM it's the pet of jihan wu. he probably controls over 50% of the hash rate. Ahhhh. Yeah, if some of Antpool's hashpower hops on, then the chances of it existing for long enough to unload some coin are a lot better than I was thinking.i don't think he's dim enough to attack the original chain or go all in with this new one, but i believe he could if he wanted to. difficulty is gonna be a bunch lower so it might attract a bunch of older miner mining machines. Still, he'd have to commit pretty significantly to the project. Otherwise, if his name is on it, the project is vulnerable to any other big miner that dislikes him enough (and after the contentious year we've had, I imagine there's a few). Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: European Central Bank on July 22, 2017, 11:16:25 PM it's the pet of jihan wu. he probably controls over 50% of the hash rate. Ahhhh. Yeah, if some of Antpool's hashpower hops on, then the chances of it existing for long enough to unload some coin are a lot better than I was thinking.i don't think he's dim enough to attack the original chain or go all in with this new one, but i believe he could if he wanted to. difficulty is gonna be a bunch lower so it might attract a bunch of older miner mining machines. Still, he'd have to commit pretty significantly to the project. Otherwise, if his name is on it, the project is vulnerable to any other big miner that dislikes him enough (and after the contentious year we've had, I imagine there's a few). his name isn't on it. it's viabtc which is almost certainly a bitmain proxy. and are there any other big miners? certainly no one anywhere near as big as him. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: williamuk on July 22, 2017, 11:19:53 PM If BitcoinABC gains some very small traction lets say it hits an exchange at $100 BCC/USD, would you sell your BCC or hold on to it for the future incase it overtakes the Bitcoin Core ? I think we all sold our ETC when it magically appeared on Poloniex and we basically considered it as winning the lottery since we still got to keep our ETH and the ETC was a free bonus. However we all sold it very cheap and if we were patient then we would of gotten almost the same value as ETH during the split ($15 ETH/USD). So lets say we sell our BCC very cheap. And then in 2-3 years, after all the bugs get sorted it it eventually overtakes BTC. And when it overtakes BTC might become lower than BCC. Another issue with this is the BTC payments we receive AFTER the fork. Lets say we decide to hold BCC. But any payment we get after the fork, we will only get it on the main Bitcoin Core chain. Then in 2-3 years, when BCC over takes BTC, we won't have the difference in BCC since it happened after the work. EDIT: You can sell your BCC coins now actually https://www.viabtc.com/convert/bcc If it can stay above 1$ after a week I'll buy some Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: darkangel11 on July 23, 2017, 09:14:34 PM Sell that crap and be done with it. Tell the truth, does anybody like the idea they're proposing? Would anybody buy this coin for something other than pure speculation?
It doesn't represent anything and it doesn't stand behind any ideals, it's just their way of saying no. They're taking their toys and moving to another sandbox. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: European Central Bank on July 23, 2017, 09:43:59 PM Sell that crap and be done with it. Tell the truth, does anybody like the idea they're proposing? Would anybody buy this coin for something other than pure speculation? It doesn't represent anything and it doesn't stand behind any ideals, it's just their way of saying no. They're taking their toys and moving to another sandbox. it's the best shill fodder in living history and they have a ton of ways to screw with everyone else via pumps and flashing mining power. we're all gonna get very sick of it before it goes quiet. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jbreher on July 23, 2017, 11:46:34 PM Tell the truth, does anybody like the idea they're proposing? Would anybody buy this coin for something other than pure speculation? Yes. It is an implementation of Bitcoin that supports all the use cases that core threw overboard due to their Raspberry Pi fetish. Moon. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: pdpanzer on July 23, 2017, 11:56:59 PM Tell the truth, does anybody like the idea they're proposing? Would anybody buy this coin for something other than pure speculation? Yes. It is an implementation of Bitcoin that supports all the use cases that core threw overboard due to their Raspberry Pi fetish. Moon. Hold. Of course. I am fed up with Core and everything being about selfish bitcoin. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: keithers on July 24, 2017, 12:11:31 AM Any coin of any kind that I have sold over the years , I have come to regret. I sold some ETH and LTC, and a little BTC when they were on pretty major runs (and what I thought was at the top), and I have come to regret it each time. Unless you are a knowledgeable day trader, I think the best strategy is to hold everything long. Only sell and spend if you need it for living expenses for you and your family.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: dmty.0809 on July 24, 2017, 01:37:47 AM What is BCC? Right now I'm still partly saved to be sold in the next year, who knows the year-to-year bitcoin price is increasing, I can only hope it.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: nejibens on July 24, 2017, 07:23:13 PM I am going to hold it regardless what will happen on or after the first of Aug. The bitcoin is having the most active crypto currency community, and its price will surely increase sooner or later, so holding it still profitable in the long term.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Aikidoka on July 26, 2017, 02:02:50 PM I would hold and sell my bitcoin. I would hold it because I want to gain profit with the rise of the bitcoin price. And I want to sell it because if the bitcoin price grows higher, I will gain much money. In addition, I want to sell because I am in need of money and no matter how the bitcoin price is high, I will sell it to get money.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: CryptosapienZA on July 26, 2017, 02:12:47 PM Is Bitcoin ABC the Segwit Bitcoin? If the answer is yes, I am not sure yet but I am considering keeping both coins while I acquire more of the cheaper coin which is BTCC.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: roadbits on July 26, 2017, 02:25:21 PM Doesn't matter what will happen on 1st August - I will never sell my Bitcoins. The price will be grow for sure in the future! highly agreed with you dude. whatever happen in the 1 st august, the price of bitcoin will raised more its my trust.a large number of people selling their valuable bitcoin for panic.but i think they are doing wrong.i am not selling my coin.just holding them tightly. bitcoin industry is not for lazy person.Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: crazyivan on July 26, 2017, 02:27:06 PM Dump it the moment you get it. First few hours after this shit of a coin appears and even a few days will be BRUTAL, people will be dumping free coins big time.
After that, I really see no reason why would I hold or mine this? Since it s obviously a scam coin made so people behind it can mine the shit out it the first few days, how am I to belive they wont dump their coins the moment they feel like it. It s in essence a new alt with a huge premine. So why would I hold it again? Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: FlightyPouch on July 26, 2017, 02:29:36 PM I would hold and sell my bitcoin. I would hold it because I want to gain profit with the rise of the bitcoin price. And I want to sell it because if the bitcoin price grows higher, I will gain much money. In addition, I want to sell because I am in need of money and no matter how the bitcoin price is high, I will sell it to get money. Well, I would gladly do so too, but the OP is not asking about the Bitcoin that you originally know but the BCC or the bitcoin that came from the network splitting. I think I will not hold my BCC if I will be receiving those because I don't have any interest with that coins. I will be just selling them and convert them into bitcoin. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: samuraijin on July 26, 2017, 02:46:31 PM That is a good suggestion, i think many people will hold it too but not necessarily it will be like bitcoin and price will not be more than bitcoin price
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Andre_Goldman on July 26, 2017, 02:48:18 PM If you run a node you will now need 4 times more storage space, can you afford it ? Among all the stupid reasons to be against bigblocks, this has got to be the stupidest.Then why are so few people running a full node ? There are also bandwidth consideration. I have more than 250TB of storage space at home, but limited bandwidth. My Bitcoin Core wallet has crashed for some reason (PC is extremely stable, with ECC memory) and it doesn't manage to recover. It took me weeks to download the blockchain, I'm not ready to do it again. my bitcoin client used to crash often ... then I change my HD to SSD and it become much more stable ... I think it is about the I/O Bottleneck gap ... It came to my mind while reading an article at ACM Quote "Processing power is in fact so far ahead of disk latencies that prefetching has to work multiple blocks ahead to keep the processor supplied with data. [...] Fortunately, modern machines have sufficient spare cycles to support more computationally demanding predictors than anyone has yet proposed."—Papathanasiou and Scott,10 2005 That disks are cheap and slow, while CPUs are expensive and fast, has been drilled into developers for years. Indeed, undergraduate textbooks, such as Bryant and O'Hallaron's Computer Systems: A Programmer's Perspective,3 emphasize the consequences of hierarchical memory and the importance for novice developers to understand its impact on their programs. Perhaps less pedantically, Jeff Dean's "Numbers that everyone should know"7 emphasizes the painful latencies involved with all forms of I/O. For years, the consistent message to developers has been that good performance is guaranteed by keeping the working set of an application small enough to fit into RAM, and ideally into processor caches. If it isn't that small, we are in trouble. Indeed, while durable storage has always been slow relative to the CPU, this "I/O gap" actually widened yearly throughout the 1990s and early 2000s.10 Processors improved at a steady pace, but the performance of mechanical drives remained unchanged, held hostage by the physics of rotational velocity and seek times. For decades, the I/O gap has been the mother of invention for a plethora of creative schemes to avoid the wasteful, processor-idling agony of blocking I/O. Caching has always been—and still is—the most common antidote to the abysmal performance of higher-capacity, persistent storage. In current systems, caching extends across all layers: processors transparently cache the contents of RAM; operating systems cache entire disk sectors in internal buffer caches; and application-level architectures front slow, persistent back-end databases with in-memory stores such as memcached and Redis. Indeed, there is ongoing friction about where in the stack data should be cached: databases and distributed data processing systems want finer control and sometimes cache data within the user-space application. As an extreme point in the design space, RAMCloud9 explored the possibility of keeping all of a cluster's data in DRAM and making it durable via fast recovery mechanisms. Caching is hardly the only strategy to deal with the I/O gap. Many techniques literally trade CPU time for disk performance: compression and deduplication, for example, lead to data reduction, and pay a computational price for making faster memories seem larger. Larger memories allow applications to have larger working sets without having to reach out to spinning disks. Compression of main memory was a popular strategy for the "RAM doubling" system extensions on 1990s-era desktops.12 It remains a common technique in both enterprise storage systems and big data environments, where tools such as Apache Parquet are used to reorganize and compress on-disk data in order to reduce the time spent waiting for I/O. source: http://queue.acm.org/detail.cfm?id=2874238 Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jbreher on July 26, 2017, 09:36:17 PM It s in essence a new alt Well, sorta. As a simple small change to current Bitcoin design, it is no more an alt than is SegWit. Quote with a huge premine The term 'premine' typically refers to a small cadre of miners secretly mining before release in order to get rich when difficulty is low. In contrast, the distribution of BCC is every holder of Bitcoin gets a 1:1 ratio holding of BCC at the instant of the fork. How could this be any more fair? Note that this is exactly the distribution mechanism employed by SegWit Coin. Quote So why would I hold it again? To have a holding of a more capable cryptocurrency. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: shodiqtercinta on September 04, 2017, 03:20:47 PM I will still maintain it. until the price is high
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: BitcoinNewsMagazine on September 04, 2017, 03:53:46 PM If any coin has a chance to dethrone Bitcoin from no. 1 market cap it is Bitcoin Cash, because of the backing by Chinese miners. It is a threat to take seriously. Holding your free BCH is the best hedge against BTC price dropping in value. There are some fireworks coming up in November with the possible SegWit2X fork. Bitcoin ABC is the client; Bitcoin Cash is the coin.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: balakang00 on September 10, 2017, 01:41:15 PM Well, I’ve thought of that also and I came up with still holding onto it because I gain so much benefit from being a bitcoin member in this bitcoin world. Also, one good technique is to wait for a high value in exchange for bitcoin for it to worth it when you finally sell it.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: csgura on November 19, 2018, 10:22:54 PM Hi,
Does anyone know of a good public bitcoin cash ABC mining pools? How about realtime network hashrate? So hard to find these information. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: darkangel11 on November 19, 2018, 10:32:39 PM I'd rather dump SV because it's being run by a moron.
Unfortunately, I don't have a lot. When Bcash came out I sold most of it for $600 in September and forgot about this shitcoin. I could have made money on it pumping later, but I didn't. Instead, I had more BTC. I still have some BCH and i moved it to coinbase to get sv and then get rid of it all once and for all. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: PlusOne88 on November 19, 2018, 11:10:50 PM Every coin becomes useless for any purpose if we don't see how it is utilized by their consumers. Holding it wouldn't be good or may not be of importance if it isn't really been moving with actual usage like if the volume goes up because many are just holding it waiting for the price to move up. These will result in sudden dumping. How are we going to earn if all of us are doing just the same? So I think it is just better not to hold any coin and do more trading instead.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: btc_angela on November 19, 2018, 11:48:13 PM I'd rather dump SV because it's being run by a moron. Unfortunately, I don't have a lot. When Bcash came out I sold most of it for $600 in September and forgot about this shitcoin. I could have made money on it pumping later, but I didn't. Instead, I had more BTC. I still have some BCH and i moved it to coinbase to get sv and then get rid of it all once and for all. Yes, this is the likely I would do as well. I also sold my BCH after getting it during the fork and never look back. So right now I don't have BCH to get the BCH-SV but I don't really care. We really know the people behind those two coins are really run by greedy person (Jihan/Ver/Wright). So it doesn't make sense for us to really give them the chance to make money in this market. Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: denmark00 on November 20, 2018, 02:35:34 AM From my point of view, we should wait more before deciding anything at this time.Keep holding is a best choice now.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: BAGOBO on November 20, 2018, 02:56:24 AM I will still maintain it. until the price is high a few days the bitcoin price movement has decreased, I see the price of bitcoin $ 4,929 my suggestion for you to keep an eye on bitcoin price movements, consider all the decisions well if you want to buy and sell bitcoin.Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jobukegoya on December 03, 2018, 02:01:22 AM Every coin becomes useless for any purpose if we don't see how it is utilized by their consumers. Holding it wouldn't be good or may not be of importance if it isn't really been moving with actual usage like if the volume goes up because many are just holding it waiting for the price to move up. These will result in sudden dumping. How are we going to earn if all of us are doing just the same? So I think it is just better not to hold any coin and do more trading instead. I think it's better to keep it while waiting for the price to improve, because in recent times there has been internal bitcoin competition so prices continue to decline. But in recent times prices have begun to improve so that the development of bitcoin in the market has received a positive responseTitle: Re: Will you sell your BitcoinABC or hold on to it? Post by: smartbitcoininvestor on December 03, 2018, 02:45:50 AM I'd probably just exchange for the Original Bitcoin, and hold onto that.
If not, I could also buy gold with Bitcoin on places like Vaultoro (https://www.smartbitcoininvestments.com/how-to-buy-gold-with-bitcoin/#1_vaultoro) or GoldSilver (https://www.smartbitcoininvestments.com/how-to-buy-gold-with-bitcoin/#2_goldsilvercom). Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Jocuserious on December 03, 2018, 02:52:32 AM Keep knowledge,I think crypto currency market do it contorl under people.so every situation need buy/sale because of the increase Bitcoin price.but you can hold if you has bought Bitcoin higher price.so hold depends can your buy volume and sale depends on your mind,how much you will want profit.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: dami.shagaya on December 03, 2018, 03:21:01 AM I feel we should observe the market first before deciding what to do. On the main point, I'll hold on to it for future increase. There is no need for rush anyways.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: karashika0577 on December 03, 2018, 03:15:36 PM I do not sell my coins in such a recession, you have to wait till 2018 year. Its recession is at its peak. It is better to wait longer. Selling coins in such low prices will not yield any big profits. The time to sell the coins was long ago, now stay awhile.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Twinscoin2017 on December 03, 2018, 03:53:35 PM Selling is always depend on the price, we all know that sell8ng on dip is a loss and only fool will sell to loss or maybe people who has on badly need of money will also sell. I believe that the crypto market will soon rise and it will become a big thing soon. So we need to hold and wait for it for is to earn a huge amount of profit, because I believe that the market will soon rise up high.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: gulshan1 on December 03, 2018, 05:09:56 PM This time is hold to the all coin which have buy before now and wait for either it is bitcoin Abc or any another coins. there is no problem sell this time but it will not give you the big profit. so hold it.
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: Belec on December 03, 2018, 08:56:09 PM I am because you keep the money, because this is the only way to make profits, if you give money and the price is high, you will be better, keep it better and be happy with you, as well as everyone who does not give up
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: jhache on December 03, 2018, 10:13:16 PM As with everything we have to study the market first, it also depends on which is the future of bitcoinabc, as always a fork is very tumultuous and complicated at the beginning, so we will have to wait to see what happens, it would not be wrong to sell at a price of $100 but if it has a lot of potentials there's the hodl option too
Title: Re: Will you sell your BitcoinABC or hold on to it? Post by: RondoAnyar on December 03, 2018, 11:51:16 PM the wrong step when you have to sell bitcoin now when the market position is in an unstable trend, we can see if right now the move is hold. this can be one of the best ways and ways to avoid losses in using bitcoin
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