Bitcoin Forum

Hi there I'm brand spanking new to the forum and I was wondering about something I was reading you guys discussing. I've been reading you can split BTC into BCC and make some kind of "free profit." My question is would it be worth it to a newbie like me to do such a thing or just hang tight? I've been reading mixed things that you can sell BCC and others saying you can't. Would really appreciate some clarification on all this. Thanks!

If you didn't hold BTC before Aug 1st then you don't have BCC. If you did then you have both BTC and BCC (1:1) but there is liquidity issues at the moment so a lot of people still can;t sell BCC.

As a newbie, if you want to participate in cryptocurrency and aren't sure if Bitcoin is for you, consider Litecoin. It's the silver to Bitcoin's gold, is currently priced at $42 (so it's more affordable) and it doesn't have the drama and uncertainty going on with Bitcoin right now.

Full discloser, I'm a fan of Bitcoin and Bitcoin Cash, but only time will tell if one or the other becomes the true "bitcoin" for the future. And it's possible that they could coexist quite well as they are now.

Good luck to you. If you have specific questions here, you'll get great responses from people.

Unfortunately it's too late to get free tokens from the BTC/BCH fork. You had to already be holding BTC a couple days ago for that.

There could always be more forks in the future though, of Bitcoin or other coins (I doubt they'll always result in free money like this one did, but you never know with crypto).

Anyone sold their BCC yet? And where?

If you had bitcoins before the split, its always worth to split. Bcc is like free money.
If you didn't have bitcoin, just forget about, it already happened.

I have read in news that those people who own Bitcoin receive BCC or BCH. But I can't understand what do they really get? Do people who have their Bitcoin on local wallets receive something?

I already sold it this afternoon. I sold it on the liqui.io exchange site. I have 0.031 bitcoin there, and without me realize I also get the same amount of 0.031 BCC. I do not think long to sell it, because I think this is a gift from bitcoin that I have.

As long as you were holding bitcoins before august 1, you will have and will be able to claim the same amount of bitcoin cash from your wallet. You will need to have access to your private keys though. If you want to make some quick profit, you can dump your BCC.
Theymos explains here how to claim your BCC: https://bitcointalk.org/index.php?topic=2059111.0

There are several places to sell right now.  Bitfinex, Liqui, and I believe Bittrex and Kraken allow you to sell.  I'm not sure if they're allowing deposits yet though.  That's probably the limiting factor.

Yeah I've had bitcoin for a long time I was looking for a guide on how to safely split it so I don't lose all my bitcoins. Thanks for the help especially adzino.

Quick question I store my coins in Coinbase is it worthwhile to have it in another wallet? I'm reading that link adzino posted and it seems to be worthwhile to move my coins to a new wallet... can someone please clarify this for me.

more like 20 confirmations needed for deposit that can take up to 2 days issues than liquidity issues, unless how have several hundreds of coins or more

Sorry but you seemed to have miss the chance, but welcome to the community, try to stay active so big news like that  are not ignored by you and you can take action the next time an opportunity like that appears.

We are both newbies here. But I think you cannot make a split of your BTC into BCC. There was a split rather and if you are holding BTC in wallets that support the split, you will be credited with a BCC that amounts equally to your stored BTC.

You can't have BCC if you don't have BTC in your soft wallet they will give you Bcc depends on how many bitcoins you have in your wallet, Many online wallets didn't give free bcc because they use your btc to gain they own free bcc that's why they're lucky.
You can sell your bcc on bitfinex and bittrex as now Bcc is on pump and dump stage it moves so fast on weekly chart.

I think this was done though. I mean it is done in bittrex, bittrex is one of the famous exchanger in this world. But I think that there is another chance for you at poloniex. Beacuse after August one they tend to welcome bitcoin cash or what is known as bcc or bch.

you don't own bitcoin if you don't have access to your private keys. and you don't have your private keys when you keep your coins on web wallets such as coinbase. in this case Coinbase will probably never support bitcoin cash despite them promising to give people their airdrop in 2018!!


not that many have actually sold their BCC yet! you can see the volume and the number of transactions their blocks processes it is like 5% of bitcoin transactions!!
and for where just check out this: https://coinmarketcap.com/currencies/bitcoin-cash/#markets

Which BTC wallet do you use? Which BCH are you planning to use?

if you saving your Bitcoin in exchange, certainly you get BCC or can also be called BCH. example if you have Bitcoin and you save in Bittrex, i sure you get BCC for free according to your Bitcoin amount. ;)

That is right. But not in all exchanges. There are exchange platforms that did not support the copy and will not provide free BCH. For those others like Bittrex, there are free BCH given. And the next best thing you will do with your BitcoinCash is dump them while the price is still high.  ;)

Wanted to sell my BCC by Liqui, though now thinking about keeping it at least for a while. I think it will jump soon enough.

I sold BCC on Bittrex but what sucks the most is the fact they reduced the withdrawal limit for people without 2fa, only 0.025BTC a day.
Claim bcc is easy, but you should be extra careful not to mess things up like installing electron and electrum together or installing shady wallets that will compromise your computer

Which exchanges do not provide BCC or BCH free? please tell in here so everyone knows which exchanges do not give bcc or bch for free, So they do not ask anymore. ;)

Not trying to bring polemic to the thread but there is only one true bitcoin the one with the longest chain and that is bitcoin, bitcoin cash would not receive any attention if that coin was developed today, bitcoin cash is only trying to bring attention to itself with the airdrop and by naming itself as bitcoin.

If you dont have Bitcoin held on a wallet which do have private keys before on that fork event on August 1 then its not possible to claim BCC (Bitcoin Cash) yes its really a free profits or money for those people who do have bitcoin on their wallets since they can easily import their keys on the wallet who do support BCC. Which is really great and for now seems like you are too late and dont bother on this thing.

If you do have bitcoins on your desktop wallet then it's good that you just hold now your BCH coins because there are rumors that there will be a massive pump that is about to happen. But if you want to get some profit then you can just sell it out, there's no big deal with it as it came from nothing.


What do you mean that you can't sell BCH? Btw, it's BCH not BCC.

This is what I’m beginning to think as well I though that bitcoin cash was going to disappear almost immediately but it seems it is holding its ground so it makes sense to hold for some time and see If the price can go even higher in the next weeks or months.

Not necessarily, it could be Litecoin, you can try Etherium, Bitcoin, cash, and so on...which is better, as they say. In fact it is all silver BTC