Bitcoin Forum

Hello,

I have the private key of my BTC wallet.
So is it correct, that I will get on 1st August 1 BCC for every BTC I have in my wallet?
"Where" will I get that BCC and where can I sell that BCC on 1s August immediately? Cause I personally don't think that high price of BCC will last long.

You would have to find a wallet that's supports BCC, then import your public and private keys so that come august 1st when the chains splits, it will give you the equivalent in BCC.

Here is a list of exchanges and Wallets to hold your BTC on: https://www.bitcoincash.org/

Thanks for that link   :D

At which time and timezone will the Bitcoin cash fork happen?

If you do this you risk a replay attack on your wallet. You could lose your bitcoins if someone takes your Bitcoin Cash transaction and transmits it on the Bitcoin network. Essentially deleting your bitcoins.

With all the news around, its obvious that its going to be on the 1st of August and even the title of the  thread is a confirmation to that but you need to take time for everything to settle down before delving into it because there might be some level of disruption on the blockchain network as there have been several warnings regarding that even on the forum.

"On 22nd July 2017, we will be launching a brand new BCC mining pool and lock the activation time of UAHF at 12:20 1st August 2017 (UTC Time)."

Source: https://medium.com/@ViaBTC/statement-on-bitcoin-user-activated-hard-fork-6e7aebb67e67

I think each Exchange will start selling at the same time but you should so some research to double check what time your preferred exchange will begin. The above statement is based on the VIABTC.


Idk about this, I could be wrong but im pretty sure you cant relay any BCC transaction onto the BTC network or vice-versa

How can I protect myself from a replay attack?

I read Bitcoin-Cash has no replay protection. So If you do this move your Bitcoins AFTER the fork (I would wait for 300* confirmations; there is still a risk of "wipeout" ) to a new wallet then use a old copy of your wallet from before the fork with a Bitcoin-Cash client to move your coins on the Bitcoin-cash chain.
Do you understand? The old wallet will appear empty after the fork on the Bitcoin network but will still work on the BCC chain.

You do this at your own risk. I don't know enough about this stuff to be sure this is safe. I won't be doing anything until the all clear is given by the Bitcoin core devs.  The Bitcoin-Cash clients could have back doors or bugs so yeah ... These things are not open sourced programs we don't know what they do. Any wallet.dat files or passwords you give them could be compromised.

The easy thing for you to make quick decisions is to sell your bitcoin into currency after past August 1st you can buy it back, if you do not want to sell your bitcoin at least you buy a cup of warm coffee to make you more relaxed and not make it into something A scary thing

Maybe the price of BCC is already uninteresting at 1st Augustand not worth to risk anything.
And as it seems I can't get a complete protection against replay attack or "wipeout" right? My BTC coins on the new wallet could be deleted also after thousands of confirmations, right?

For theory it yes, you need to import your private key to wallet that support BC
for trading. Look at viabtc.com>market, there is available convert BCC/BTC
price going down trend, Decide to selling immediate at 1-2 August could be good deal.

https://bitcointalk.org/index.php?topic=2050936.0    Warning: Using Bitcoin Cash means trusting your private keys to buggy software!

be safe and read that thread!

I agree BCC price will crash hard and I'm planning to sell it as soon as I get them though I'll be using an exchange that credits it automatically rather than a wallet.

Is there any marke for futures BCC?

How much is it trading for?

I don't think it's worth the trouble, at least for us with few bitcoins, buying cheap alts this weekend may be a better investment.

https://coinmarketcap.com/currencies/bitcoin-cash/

Kraken has announced it will support trading on both chains.

I think that it would be a pretty dumb idea to instantly sell your BCC right after the chain splits, if it does. If it accidentally gets broadcasted to the bitcoin network, then you are basically screwed as you would have just lost your BCC. I would personally wait at least 2 or 3 days before making any sort of transactions, or at least until theymos gives us the green light. I have a ledger wallet so I can use both codes, make sure that you are all prepared for the split.

Ok, maybe you are right.

But is there any way to sell all the BCC in a secure way?
For example using that steps:

• Wait until fork is done
• Move BTC from Wallet1 to a new Wallet2
• Wait for how many confirmations?
• Move BCC from Wallet1 to Kraken
• Wait for how many confirmations?
• Change BCC at Kraken to get BTC
• Withdraw BTC at Kraken to BTC Wallet 2

So one should be protectet against replay attack, right?
Any protection plans about "wipeout"?
Any other problems could appear?

Exchanges supporting BCC:

Bittrex
Hitbtc
Bitfinex
Okcoin
Bithumb
Allcoin

Exchanges not supporting BCC:
Bitstamp
Coinbase

god luck, and happy

Goodluck dumping Bitcoin cash in current $400 price. All whale users that dont support bitcoin cash  will probably dump before you move your Bitcoin cash.

Why and how can the whale users do that before us?

For me why you wait for august 1 if you can sell know do it know do not make things complicated since you already have an idea of what would happen in august 1.
Why more people asking for that, if you are risk taker you do not sell all your coin and let the events happen.

Well,  there will be a new wallet where you can fill in your private key and generate your BCC equal to your amount of Bitcoin you are owning in your wallet, that's easy to sell too because BCC is already listed on some exchanges in this moment.

Well i guess when split happens, first what you need to have is btcc wallet. And after that, well i think it will be the same as it was with all other coins out there. Most popular sites for exchange will surly accept btcc, so i guess that all you need to do is go to one of those and exchange your btcc.

What whales? Like anyone can dump their Bitcoin Cash before it's on exchanges. How will they be able to dump it then? That makes no sense!

Remember in current only have ViaBTC and HitBTC say they will listing Bitcoin Cash for trading, other exchange support Bitcoin Cash just helps user receive it but not listing. When user want sell Bitcoin Cash, they need going to ViaBTC and HitBTC for selling.

If i keep my bitcoins in Bittrex exchange site, I will get BCC? Becasue I am confused to see many replies here. According to this link https://www.bitcoincash.org/ Bittrex is not listed, but in your list, it's there can anyone confirm me. Becasue I am holding my bitcoins in this exchange site.

You are right bro BCC price will crash right away because those who will receive from the split will surely sell their BCC holdings. But I wonder if it will be available to the market after the split.

I have this exact same question ... If anyone knows the answer -- that would be great.  ???

If I know the market, you ll get nothing for your BCC unless you re prepared to hold it 5 years. Then you might get $10 a piece. Cause the moment miners re able to mine it, they ll start dumping thousands to the market which nobody ll buy. So all this shit about trading BCC futures at this price and that price is pure BS.

That coin will be dumped into oblivion during the first 24 hours of its existence. Dont think you ll get anything meaningless from your coins.

I'm not sure that BCC will be sold immediately on August 1st, but wait patiently through that day to wait for the news, what happened to make the right decision. Of course, you must keep your private key confidential if you want to own BCC after August 1. You can buy BCC at big trading platforms such as ViaBTC, Bithumb, Hitbtc. Currently, although BCC has not yet appeared but it has been listed on ViaBTC, you can refer to it on its homepage.

I don't understand anything, A lot of topic about bcc and btc and I still don't know what to do or where ask some questions, so lets say that i have 1BTC in my Electrum Bitcoin Wallet and 1BTC in bittrex, and that I do not want to convert my bitcoin to bcc.
my questions are:

can i still keep using bitcoin even years after the chain split ?
should I be obliged to switch from btc to bcc after split?
For my Electrum Bitcoin Wallet,i control the private key and I know that I could import it in a bcc compatible wallet, but what about my bittrex btc?
And as last question; 1btc = 1bcc after split, does this mean that i'll receive 1bcc for each btc i hold and forget that the bitcoin existed or I would have both at the same time and continue to use them as any other altcoin?

Thank you for your answers and sorry for OP  if i use this topic to ask my questions. ;)

Much better if you wait for stabilization before doing a claim.

I understand that you are anticipating of high price during August 1st but I don't think it will be a 1 day dump. I suggest to try to wait for 2-3 days after that. Just an extension.

I don't know much either but I can answer most of your questions:
(1) can i still keep using bitcoin even years after the chain split ?
     ---- YES
(2) should I be obliged to switch from btc to bcc after split?
     ---- NO
(3) For my Electrum Bitcoin Wallet,i control the private key and I know that I could import it in a bcc compatible wallet, but what about my bittrex btc?
     ---- I Don't know; I have the same question about Bittrex
(4) And as last question; 1btc = 1bcc after split, does this mean that i'll receive 1bcc for each btc i hold and forget that the bitcoin existed or I would have both at the same time and continue to use them as any other altcoin?
     ---- You'll hold both coins. BCC could be traded theoretically like any other altcoin, but many exchanges don't/won't accept it.

Bittrex will give you BCC equal to your BTC holdings directly into your account.

Thank you for that answer! Much appreciated.

I have created a poll to see how the community views the fork and the future of bitcoin. Please answer the poll so we can have a statistically significant number of responses.

https://bitcointalk.org/index.php?topic=2048167.0;all

I am trying to be fair on that poll and included as many answers as I could think of. I will keep the poll open until a couple of hours before the Aug 1st fork. Let's see if the wisdom of the forum is indicative of how it will turn out.

Thank you for participating.

Call me paranoid but I won't sell BCC, I am too scared that due to unstable nature of this altcoin and its interaction with BTC, my bitcoin stash will be endangered as well.
I simply believe that price of BTC will go significantly higher after the fork and it will be enough to compensate for potential BCC price failure.
When dealing with unknown outcome it is better to stay safe than be sorry later.

Trezor is going to provide a coin splitter. If you have a Trezor (like I do) then that means you can send BCC to an exchange without risking or touching your BTC.

There are a number of exchanges listed in this thread. Also here's an emerging list:

https://www.bestbitcoinexchange.io/segwit-bitcoincash-hardfork/

Kraken is adding BCH too
http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/

Even I have some doubts regarding this fork. I have some bitcoins in my wallets. How will I get bcc? Will my bitcoins automatically split into btc and bcc or should I need to do something? Or should I transfer my coins to any specific wallet . Can anyone please explain it in layman's words because I am good in technical stuff.

There are many exchanges that will list it. Also LIVECOIN AND NOVA said that they will give everyone BCH who has BTC on their exchanges at time of fork. As I am not very techy myself I have spread my incy BTC across a few exchanges that will be kind enough to support BCH and give us our forked up dues.  ;D