Bitcoin Forum

When the blockchain hard forked, I did not care about splitting my coins. But when I saw it was trading at more than $500, I decided to split them later and to wait for the price to go higher. But the price dived and now I regret it.

What about the rest of you, have you already dumped?

I haven't dumped yet, because I dont know how to do this process and maintain privacy.

Exchanges are asking us to deposit our entire bitcoin wallet into a single deposit address. I cant find exchanges that will create a new address each transaction.

Not to mention how annoying the whole process is if you need to transact every single public address and pay the fees and wait for the slow BChain etc.

At the beginning,  the bch price was in the range of $ 150 and rise drastically a few days later even up to $ 900. Media quatz writes the market value of bitcoin cash reaches $ 7.6 billion, it's makes bitcoin cash into cryptocurrency in third after bitcoin and ethereum. However, today's Bch has dropped dramatically and returned to the beginning price about $ 150. This could be due to the current rise of bitcoin price that makes Bch down to the base or because decrease in bch volume on the market, I don't know for sure. This makes people sell the bitcoin cash they have. But It is still too early to know the future of bitcoin cash.

Dumped it personally, more out of principal rather than thinking that I might not make more money in the future. It will probably pump again around November when core doesnt honor the 2x part of the agreement.

I wish I got in on it but I had all of my Bitcoin on an online wallet during the split, so I didn't get any private keys that I would be able to use to get BCC from. They were in the middle of transit to an exchange in case there was an issue with the market during the fork.

I was considering dumping back when it was trading around $500 but I realized that I didn't really care, even if there was some money to be had. I wasn't going to get any value of real substance and there would have been very little money made compared to what could have potentially been lost if the market started to take a tumble.

The main reason behind the dump was, many people sold the free BCC coin to get some free bitcoins.
It was the major reason behind the dump and at that time, it was difficult to trust on that coin and purchase it, so the selling rate was more on exchanges. Many people have already sold their BCC.

Have you missed the 1k price range on BCH? It did reach up on that price point which is twice on the amount you do mention and it did go higher even more and if you sell of on those prices then for sure you would really be happy on that free money from BCH. We do have the same situation which i didnt care about bch at all but when i see the initial price i do strive to transfer it and claim some of it then sold directly it might be cheaper but i dont have regrets.

I want to wait for the price pump because there are a lot of humors that is spreading that BCC is having a good price. So after I got some I store it in my wallet.

After that I read some of the comments here about the fork and the new alt coin and was surprised by it. I quickly send my BCCs in an exchanger and sold it. It may not be that good price because I don't have a lot of bitcoins but getting some BTCs for free is amazing. So yeah, I dumped my Bitcoin Cash because the users are not interested in it.

But don't you see the problem in sending all at once?

You are killing your privacy, because you are sending your entire wallet into a single transaction. This means that now, everyone that had your public key, can know that you own these other bitcoins in other keys too, because it all got sent at the same time in a joined transaction into the same address...

This is giving me an headache. I wish bitcoin was truly fungible.

Actually you made the right decision. Bitcoin cash is now dumping and hype is already over. The greedy chinese supporter of BCC was failed on monopolizing BCH price by hyping the price. In the end. BCH was still being thrown by all holder for free BTC. But thanks to them, we have free pizza for there shit scheme.

Not only a pizza but i have a free grocery on those amounts cam from free BCH and they did really fail on hyping the coin and now the community still the winner here because they do decide to dump it and going back to bitcoin. BCH is just an apparatus to earn free money and who the heck who dont like free money as of these days? None right and as you said we should still be thankful on their fail scheme.

Awfully biased poll.  There's no option for "I do not intend to sell the Bitcoin Cash".

The only two options you need are "Yes, I have sold my Bitcoin Cash to obtain more BTC" and "No, I have not sold my Bitcoin Cash to obtain more BTC".

If you wanted a poll about intention, the only options you need are "Yes, I have sold or intend to sell my Bitcoin Cash to obtain more BTC", and "No, I have not sold my Bitcoin Cash and do not intend to sell my Bitcoin Cash".

Personally, I'll be holding mine, and perhaps buying more later when everyone thinks it's dead.  My theory is that whales will accumulate it at a low price and pump it later.
Core was never part of the agreement, and they do not need to "honour it", nor do they have power to decide how the economy will react to a hard fork or whether it will happen.

As we don't know what will happen with BCH I have dumped a percentage for BTC. The ones I havent dumped are on paper wallets that I can't be bothered to import.

I kept my Bitcoins in my Electrum wallet so I didn't receive any BCC at all. I was not brave enough and not courageous enough to trust the exchanges and maybe this was an error of mine. I hold my Bitcoins since a long time and I think people who wanted to take advantage of BCC should have sold them directly as soon as the exchanges allowed it.

You are incorrect.  As long as you control your private keys, you control your BCH.  

In fact, you were far less likely to receive your BCH had you held them in an exchange, because you needed to trust the exchange.  Holding your coins in your own wallet, the chance of you receiving BCH was 100%.

Electrum has even created a guide (https://electrum.org/bcc2.txt) on how to securely move your BCH.  If you hold a large amount and you're willing to use a separate computer, I would say it's definitely worth it.
It was not.  Bitfinex only gave 85% of the balances and Poloniex isn't clear about what they intend to do.

However, it is altcoin right. Biggest currency in the digital platform is bitcoin but we are worry about hard fork recently happened. Please be stick with the bitcoin to be much safer side.
There is a possibility to be a see the lose also that is why I am saying it.

I am not going to go through all that effort to import all my paper wallets, just to split some coins that will be worthless

within a few weeks. I have imported some wallets, just to test how it works and to see if I could actually sell it and I did. I

am the perfect hoarder and will hoard shit coins too, if I had to... you never know.. in a few years from now, it might also be

worth something.  ;)

Sometimes it better to hold your coins rather than selling them in an awful low price. The price of BCH might go higher but nobody know exactly when that is going happen. If I were you I'll hold my BCH for now and see what the market may have to do in the following weeks. You got the BCH for free what you go to lose, anyway? Just hold your coins for a while and see the outcome in the coming weeks, don't get panic for now. :)

I dumped half of my free bitcoincash at around $500 and another half on $350  >:(
I could have sold them at above $1k if I had left my bitcoin in bittrex exchange at the time of fork but I didn't.

Now price is already at around $200 and I think this can go even lower when many other bitcoin holder will came to know about this free coin. Currently getting confirmation on BCC transaction takes more than a hour which is just shit. I don't think I will reinvest in this one in future.

This exactly what lead many traders to loose huge amount of money everyday depending on the analysis of human nature - greedy is always the key - lesson learned
Good luck next time

My story exactly but the exchanges should have informed everyone about their status towards Bitcoincash long before. I have heard some local exchanges are still deciding now to give out BCH to their users. I dont trust exchanges so I keep everything on an offline wallet, will claim my BCH when I felt it is necessary. Until then let it be in my safe locker.

No need to think about it. Dump it already and dont even think about it anymore or you might be saving dust after all knows how they can dump their bitcoin cash.   ;D
It is a freebie and that is what will happen afterwards. They want money and that is all. Not an investment or another coin which had the bitcoin name in it.  ;D

I Hold all of my BCC,  Cause I Believe oneday It have been seen that 1BTC=1BCC

The price for Bitcoin Cash fly high in the first hours after it's appearance, but any manipulations with this altcoin wasn't possible and many exchangers. Only lately I have found the list of four exchangers where deposit and withdrawing were possible from the most 1st of August.
Bitcoin Cash poped and nobody knows when the price will reach the same price as at the first day again. I plan to hold it till I will not see ate same results.

BCC have no secure future and those who have sold bitcoin cash for buying bitcoins have taken the wisest decision. I don’t find any significant reason in holding bitcoin cash over bitcoins. Yep! That was the major reason behind the dumping of this coin because majority gave up on them for bitcoins. 

I do not believe the Core developers were part of the Segwit2x agreement. They were against it from the very beginning if I got my facts right. But Barry Silbert went ahead and talked to the top Bitcoin services and the miners into agreement. Core was not formally represented in the talks.

During the hard fork,i already kept it safely in my electrum wallet.I didn't bother about getting free BCC.I was just worried about the hard fork and about the price of bitcoin.I'm almost happy that bitcoin price has not crashed and its performing very well.No need of such piss BCC coin.

the problem that i have faced with bitcoin cash is that it is not easy to dump it otherwise i would have dumped it so fast and probably price would have dropped so much harder.
because of it, i could only sell a portion of my total bitcoin balance that was mostly held on exchanges for trading during the fork. and i have already dumped what i have received.

but now that price has dropped hard and is falling more, i think i won't bother with the dumping of the rest. i am trying to find a safe way to at least access it and maybe send it all to one address then have it ready for dumping if i saw a good price worthy of dumping.

To those of you still with bitcoin cash, are you planning to hold it?  Or just waiting until it get higher?  Or should you sell it now since people say it might get lower even more?


Also how many ppl out there percentagewise would you say still haven't claimed their bitcoin cash yet?

I also not yet dumped its, but I not regrets and I don't care with BitcoinCash what will happen in the future about BitcoinCash. If there is still the possibility of BitcoinCash rise again means I'm lucky but if BitcoinCash will die, it's a no big problem for me because I also just get it for free.

Fortunately, I had mine on Bittrex so I was able to dump it early.

This coin brings absolutely nothing to the table, now when BTC SegWit get s activated, BCC will become completely useless and obsolete. So dump that shit.

Yes, dumped as soon I was sure there would be no new surprise with Bitcoin forks and confirmations disappearing.

Sadly wasn't quick enough to get anywhere near the top of almost 0.5 BTC

I already dumped my bitcoincash because i believe that it will not reach any thing because it is just like a replica of bitcoin and bitcoin will still be the cryptocurrency with a huge volume and that where i'm going to focus and concentrate and not to new coins that are useless for me.

from what i have heard from other people so far and when i talk to my friends, and also from what i personally have done; i can tell you that majority of people have claimed a portion of their BCC. like their hot wallets or what they keep on exchanges.

most rewards that are still in cold storage are not claimed. you see, it is hard and risky to import a paper wallet for example and it takes a lot of work to create a new one to transfer your bitcoin there and bitcoin cash to exchange to dump.

percentage-wise i can say the dump that we have seen so far is about 10% of what it will be in total.

I haven't dumped, I am not planning to. Yesterday I bought more BCH at just over $200. I'm planning to buy more, I'm waiting for these dumpers to finish their thing.

In My own case I have dumped it in the first selling time. But I am planning to buy soon when it reaches a certain low, in the mean time ill just ride along with BTC.

The price was set to drop in hours after the hardfork. But it took time because various exchanges didn't open the withdrawal and transfer immediately and people weren't able to claim their BCH easily. You definitely did a mistake in waiting for dumping your BCH.

I was able to sell my half of the BCH amount at $800 as they were on exchange and the other half at $400. So overall I made a decent profit out of my free coins.

I dumped my BCH almost immediately which I did regret since the price increased quite a bit.
But in the end I don't give a damn, I got my airdrop and I'm pretty happy.

I had my BTC on Bittrex so it was very easy for me.

You were one of the lucky ones. But did you send all of your Bitcoins on Bittrex just for the hard fork? It must have been very scary for you. I know I cannot do that even with a small amount. Doing that with 10 Bitcoins or more would certainly make me anxious and give me an acidic stomach!

Actually even you split your bitcoins, your bitcoins will not gone right ? You still have your bitcoin and have an additional bitcoin cash. I already dumped my bitcoin cash when the price still high, because i'm sure the price will not stay high because many people have many bitcoin cash too.

If you know what you're doing you will still have a wallet full of Bitcoins and another wallet full of Bitcoin cash coins. If not you could end up with nothing. If you're not an expert at moving keys around, wait until you know what you're doing.

I was notified by Coinbase that they would not honor Bitcoin Cash and that their was going to be some type of fork. Didn't know exactly what they were talking about so I just played it safe and waited it out. I only had less than 2 Bitcoins on their site. I wasn't aware until late 8/6/2017 that I would be getting free coins.

When I first spotted Bitcoin Cash on the crypto market I was pissed  because it was as if they were copying the logo of Bitcoin to fool dumb people. Now that I know what it is I like the idea, as I will be getting thousands of $ worth of free coins. Even as Bitcoin is already Skyrocketing!  ;D

I wouldn't be surprised if this coin goes 1 to 1 with Bitcoin once everyone understands what has taken place. 

It's extremely risky to put all your coins up on an exchange. So I'm going to import keys into a new BTC Cash wallet. I'm running out of hard drive space on my computer so I'll have to get another with much more memory.

Looks like the Bitcoin Cash price has been recovering. Plus 32% today.  :D 

I'm dumping it.

Bitcoin Cash literally has no media hype. Bitcoin has and will have plenty in the future. I can't buy into BCC until I see some original utility out of it.

For now Bitcoin Cash is just a great leverage used by the big mining companies. But I think there is a little chance that Bitcoin Cash will replace Bitcoin in the future. Maybe those chances are as big as the chances of Dogecoin to replace Bitcoin. ;D

I see it as 2 Bitcoins instead of only 1. Bitcoin split into 2 coins. Not really an alt coin.  They both have roughly the same supply of coins. They both have the right to a similar Bitcoin Logo and name. Experiments will be done with the Bitcoin Cash coin which  will likely pay off.   :)