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Title: BCC on Bitfinex Post by: WiiD on July 31, 2017, 06:58:31 AM I see BCC on Bitfinex is already trading and there are trades executed.
How is that possible? I thought BCC is available from tomorrow? How do people get BCC on Bitfinex to trade them there? Title: Re: BCC on Bitfinex Post by: NeuroticFish on July 31, 2017, 07:03:42 AM Maybe they are BCC futures.
At some point there were BU futures at an exchange. I find them at the edge between speculation and scam, but that's me. Title: Re: BCC on Bitfinex Post by: Serpens66 on July 31, 2017, 07:09:28 AM BCC is NOT Bitcoin Cash!
Btc cash will be "BCH": https://www.bitfinex.com/posts/212 Title: Re: BCC on Bitfinex Post by: tokeweed on July 31, 2017, 07:10:39 AM That's probably BCC futures. Bitfinex is known to offer futures trading from time to time. If I'm not mistaken they were thinking about listing a BU/BTC trading pair before? But I'm not to sure about that.
Anyway the price looks good. Volume sucks tho. Title: Re: BCC on Bitfinex Post by: iram1011 on July 31, 2017, 09:57:58 AM BCC is NOT Bitcoin Cash! Yup, they have abbreviated Bitcoin Cash as BCH and not BCC. The trading pair of BCC/BTC is most probably BitConnect coin. Btc cash will be "BCH": https://www.bitfinex.com/posts/212 https://coinmarketcap.com/currencies/bitconnect/ (https://coinmarketcap.com/currencies/bitconnect/) Title: Re: BCC on Bitfinex Post by: Roccker on July 31, 2017, 12:33:16 PM http://hackingdistributed.com/2017/07/29/bitcoin-impending-accounting-disaster/
that sounds bad but actually what he is talking about cannot happen i guess because bitfinex writes: Quote Due to the net amount of BTC committed in margin positions at the time of the fork, the above methodology may result in Bitfinex seeing a surplus or deficit of BCH. As such, we will be resolving this discrepancy in the form of a socialized distribution coefficient. For example, currently, there are more longs than shorts on the platform, causing a distribution coefficient of ~1.091 (Meaning that for each qualifying BTC a user will receive 1.091 BCH). The actual coefficient will be calculated at the moment of the distribution. Please note that if there are more shorts than longs at the fork event, this coefficient will be less than one. This coefficient can be roughly computed from publicly available information from our API (longs & shorts) and the Blockchain (cold storage). Title: Re: BCC on Bitfinex Post by: mrayazgul on July 31, 2017, 03:47:12 PM I see BCC on Bitfinex is already trading and there are trades executed. How is that possible? I thought BCC is available from tomorrow? How do people get BCC on Bitfinex to trade them there? 1. Follw these steps to get fee BCC 2. You need to copy of you wallet file or privatekey of your BTC addy 4. BCC will release new wallets 5. If you import your private key into BCC then you will get same amount of BCC 6. before importing you can move your BTC into another addy also 5. If you import your private key into BCC WALLET*** then you will get same amount of BCC Title: Re: BCC on Bitfinex Post by: pearlmen on July 31, 2017, 04:50:01 PM I see BCC on Bitfinex is already trading and there are trades executed. How is that possible? I thought BCC is available from tomorrow? How do people get BCC on Bitfinex to trade them there? 1. Follw these steps to get fee BCC 2. You need to copy of you wallet file or privatekey of your BTC addy 4. BCC will release new wallets 5. If you import your private key into BCC then you will get same amount of BCC 6. before importing you can move your BTC into another addy also 5. If you import your private key into BCC WALLET*** then you will get same amount of BCC Based on this, this is the process I would appreciate the time to do this because I want to know whether its going to be after the fork or before the fork considering someone can buy more bitcoin after the coin before importing it, in other to get more BCC. And also what if one imports, and the fork didn't eventually happen, what will happen to the keys imported? Title: Re: BCC on Bitfinex Post by: supercops on July 31, 2017, 05:17:18 PM I see BCC on Bitfinex is already trading and there are trades executed. How is that possible? I thought BCC is available from tomorrow? How do people get BCC on Bitfinex to trade them there? 1. Follw these steps to get fee BCC 2. You need to copy of you wallet file or privatekey of your BTC addy 4. BCC will release new wallets 5. If you import your private key into BCC then you will get same amount of BCC 6. before importing you can move your BTC into another addy also 5. If you import your private key into BCC WALLET*** then you will get same amount of BCC Hmm. Sounds too difficult for the normal person who just has an iphone wallet to do their purchases with. To copy private keys and such things like this will baffle these type of people and I am beginning to think.. that is what the creators of Bitcoincash is counting on! :-[ So to confuse the masses and not having them redeem their so called "Free coins!". ::) Title: Re: BCC on Bitfinex Post by: LeoC on July 31, 2017, 05:25:52 PM BCC on Bitfinex is BITCOIN CORE
Title: Re: BCC on Bitfinex Post by: supercops on July 31, 2017, 05:27:47 PM BCC on Bitfinex is BITCOIN CORE And Bitconnect on coinexchange.ioAnd your point is? :-\ This alt coin naming format was rushed out the door and not thought out very well. ::) Title: Re: BCC on Bitfinex Post by: LeoC on July 31, 2017, 05:36:15 PM BCC on Bitfinex is BITCOIN CORE And Bitconnect on coinexchange.ioAnd your point is? :-\ This alt coin naming format was rushed out the door and not thought out very well. ::) OP is talking about Bitfinex, so GTFO out of here with coinexchange.io Either way, anything that isn't called BTC is an impostor and should be avoided. Title: Re: BCC on Bitfinex Post by: supercops on July 31, 2017, 06:50:54 PM BCC on Bitfinex is BITCOIN CORE And Bitconnect on coinexchange.ioAnd your point is? :-\ This alt coin naming format was rushed out the door and not thought out very well. ::) OP is talking about Bitfinex, so GTFO out of here with coinexchange.io Either way, anything that isn't called BTC is an impostor and should be avoided. So just queue it up to that. :P Title: Re: BCC on Bitfinex Post by: dr blowfin on July 31, 2017, 11:22:55 PM The BCC on Bitfinex is a 'chain split token'...
https://www.bitfinex.com/posts/195 Somehow it's just spiked to nearly $4k! https://cryptowat.ch/bitfinex/bccusd Can't say that I really understand how it works to be honest. Title: Re: BCC on Bitfinex Post by: Serpens66 on July 31, 2017, 11:37:02 PM The BCC on Bitfinex is a 'chain split token'... that happens when people spreading FUD that BCC on finex is Bitcoin Cash... (and then people saw it is worth 2900$ while they expected 100$, so they thoght it might not be that bad -> buy)https://www.bitfinex.com/posts/195 Somehow it's just spiked to nearly $4k! https://cryptowat.ch/bitfinex/bccusd Can't say that I really understand how it works to be honest. Title: Re: BCC on Bitfinex Post by: fluidjax on August 01, 2017, 05:25:31 AM Crypto Currencies and exchanges are separate entities. Thats why an exchange can run a fractional reserve.
Its just a website and a database, they can trade anything they want, seed the order book with anything they want. The Crypto Currency is only important when someone wants to deposit/withdraw, this is when that website & database actually connects to the cryptocurrency blockchain and instructs an movement of coins, until then its just virtual virtual currency :) If deposits/withdrawals are locked, then the only real connection between what you see on the screen and what happens on a blockchain is in your mind. Title: Re: BCC on Bitfinex Post by: JosNekoKopa on August 01, 2017, 11:56:11 AM We need decentralized exchanges, those corrupted exchanges can issue their own tokens and sell it to you for your real money. And if they are from the third world countries you can kiss your money for goodbye. We have already bunch of good projects why we don't use them? After BTC-e i just don't have confidence in any of them. Also BCC is not big deal for me so i will wait it on Trex.
Title: Re: BCC on Bitfinex Post by: abercrombie on August 01, 2017, 12:56:53 PM http://hackingdistributed.com/2017/07/29/bitcoin-impending-accounting-disaster/ that sounds bad but actually what he is talking about cannot happen i guess because bitfinex writes: Quote Due to the net amount of BTC committed in margin positions at the time of the fork, the above methodology may result in Bitfinex seeing a surplus or deficit of BCH. As such, we will be resolving this discrepancy in the form of a socialized distribution coefficient. For example, currently, there are more longs than shorts on the platform, causing a distribution coefficient of ~1.091 (Meaning that for each qualifying BTC a user will receive 1.091 BCH). The actual coefficient will be calculated at the moment of the distribution. Please note that if there are more shorts than longs at the fork event, this coefficient will be less than one. This coefficient can be roughly computed from publicly available information from our API (longs & shorts) and the Blockchain (cold storage). Yea, the author conveniently left out the distribution coefficient. Title: Re: BCC on Bitfinex Post by: buwaytress on August 01, 2017, 02:40:34 PM The BCC on Bitfinex is a 'chain split token'... that happens when people spreading FUD that BCC on finex is Bitcoin Cash... (and then people saw it is worth 2900$ while they expected 100$, so they thoght it might not be that bad -> buy)https://www.bitfinex.com/posts/195 Somehow it's just spiked to nearly $4k! https://cryptowat.ch/bitfinex/bccusd Can't say that I really understand how it works to be honest. Haha! I knew this was bound to happen when they chose to use BCC. Confused newbies, confused veterans and careless traders are bound to mistake coins like BitConnect. The other BCCs must be enjoying some unintended volume. Title: Re: BCC on Bitfinex Post by: PokerDiceMan on August 01, 2017, 11:39:26 PM i think much exchanger this now support and accepted bitcoincash trade
not only bitfinex, bittrex this now open market bitcoin cash too Title: Re: BCC on Bitfinex Post by: boyptc on August 01, 2017, 11:54:00 PM BCC is NOT Bitcoin Cash! Btc cash will be "BCH": https://www.bitfinex.com/posts/212 I was mistakenly understand before that BCC = Bitcoin cash. But realizing that there's already BCC = Bitconnect. And we should now change our address with bitcoin abc/bitcoin cash as BCH. I can't understand where did they got the "H"? Title: Re: BCC on Bitfinex Post by: shintosai on August 02, 2017, 12:50:31 AM BCC is NOT Bitcoin Cash! Btc cash will be "BCH": https://www.bitfinex.com/posts/212 I was mistakenly understand before that BCC = Bitcoin cash. But realizing that there's already BCC = Bitconnect. And we should now change our address with bitcoin abc/bitcoin cash as BCH. I can't understand where did they got the "H"? Title: Re: BCC on Bitfinex Post by: CryptoPro3 on August 02, 2017, 01:44:52 AM This is so stupid with the inconsistency of naming it BCC or BCH and confusing people. There had already been a BCC on the market - BitConnect - and the idiots running Bcash thought it would be a good idea to confuse people by naming it the exact same, and then switching it a few days before launch! Idiots. Deserves to fail.
Title: Re: BCC on Bitfinex Post by: boyptc on August 02, 2017, 09:23:25 PM BCC is NOT Bitcoin Cash! Btc cash will be "BCH": https://www.bitfinex.com/posts/212 I was mistakenly understand before that BCC = Bitcoin cash. But realizing that there's already BCC = Bitconnect. And we should now change our address with bitcoin abc/bitcoin cash as BCH. I can't understand where did they got the "H"? And guess what the price of BCH now is very good. People seems to be happy on earning free cash with BCH and the supply of it is lesser than bitcoin. Btc still not reaching the 21 M supply limit and yet the price is still good. |