[...] just point the hairdryer at me for a couple of hours when we pass 10k. Which coin? Why would it matter? If he frozen for all that time, he'll still have both coins. Well I keep on reading by some vocal posters that BCC is a shit coin. So I figured some might not care if actually BCC hit $10k. "Nobody is imposing Bitcoin Cash on you. To avoid it, you need do nothing." /Roger Ver BCC probably is a shit coin, IMHO. However, if they can make their coup succeed, my hat is off to them. |
|
|
|
[...] just point the hairdryer at me for a couple of hours when we pass 10k. Which coin? Why would it matter? If he frozen for all that time, he'll still have both coins. |
|
|
|
ROFL!
1.7% daily interest for lending on Poloniex! xD
Yeah it's crazy is't it?!?! Only 1500 odd BTC on offer, lowest I've seen from memory Maybe peeps are taking their coins off the exchange in advance for the aug 1 chain split and there isn't enough btc to lend? Pretty much, plus I don't think Polo are crediting BCC to any BTC held after the split so that's forcing people to take coins off the exchange Wow, there are only 591 BTC available for lending on Polo, and the lowest lending offer is now 3.3666%. Too bad I moved my BTC that I was lending over a week ago, to safety, in private keys that I control. I guess better be safe than sorry. |
|
|
|
The forfeiture laws in the USA will most probably be applied and most of that money will go to the US government.
all law enforcement has right now is the domain name. they'll probably get the bank accounts. it's quite possible all the crypto remains untouched. we don't know who else other than the guy arrested has access to it. But given these problems what incentive do the owners of BTC-E have to give users their money back? Especially if they are arrested and refuse to cooperate on private keys etc. If the government successfully manages to retrieve the crypto I think they will make an effort to pay everyone back assuming there are funds to cover it. No, the US government is probably not going to give the funds back. The depositors of BTC-e are considered unsecured creditors. Unsecured creditors are next to last in line when a company is forced to liquidate. Only the actual owners/investors of the liquidated company are behind unsecured creditors, when dividing up the proceeds of the liquidation. Only hope for depositors is if somehow BTC-e's assets are worth more than the $110M civil penalty, any additional criminal fines, lawyers fees, restitution etc etc etc. Maybe the company can get good legal representation and reverse the civil fine and get acquittals or a sweetheart plea deal, but I doubt it. |
|
|
|
I am curious. If the first block that is mined on the BCC fork beats the block of the BIP91 chain, how will nodes that do not enforce BIP91 or UASF be able to differentiate between the two if the first BCC block is empty? Is the coinbase transaction differentiated too? I'd hate for all of the Core nodes and BU nodes go into a tizzy having to reorganize their chains.
Because the first Bitcoin Cash block will be larger than 1MB by definition (REQ-3). Thanks for pointing this out. That makes sense. |
|
|
|
It will be a Bitcoin without segwit as soft fork
Let's do this! Fuck Segwit, give us 8MB! It may not be dominant at first, but just watch when they can't get their shit together for a measly 2MB. Just hope that there won't be people who decide to send spam transactions on the BCC chain. If they do, people who want to run full nodes will have to store 8MG of bullshit every 10 minutes rather than 1MB of bullshit every 10 minutes.  https://www.youtube.com/watch?v=anwy2MPT5RE |
|
|
|
I have btc on blockchain.info ,so, can i do anything before 1-8 ?
Make your life easier and move your BTC to another wallet if you intend to claim your BCC. The process to claim your BCC via your blockchain wallet involves using a recovery seed. It is the only way to "export" your keys to a BCC compatible wallet. The process seems quite complex from what I can see, with a high likelihood of messing it up. You may wind up losing your BTC, BCC, or both. |
|
|
|
|
I am curious. If the first block that is mined on the BCC fork beats the block of the BIP91 chain, how will nodes that do not enforce BIP91 or UASF be able to differentiate between the two if the first BCC block is empty? Is the coinbase transaction differentiated too? I'd hate for all of the Core nodes and BU nodes go into a tizzy having to reorganize their chains.
|
|
|
|
I remember in the past seeing various tools that margin traders use to measure the quantity of margin trades that might be outstanding in one direction or another. Currently, I do not have access to bitfinex margin pages because I am a USA citizen. Does anyone have links to websites that measure the extent to which margin trade positions might be outstanding in one direction or another?
https://www.bfxdata.com/positions/btcusd |
|
|
|
That's why I'm just going to sit on my BTCC for a long time, and see what happens in the future.  Wouldn't it be better to dump them first, and rebuy at pennies on the dollar too? Sure I guess. Knock yourself out. I could care less, and won't be putting into a single nickel into that shitcoin. Current premarket price of BTCC shows that price will be between 1% and 2% of Bitcoin value. Even daily price volatility of Bitcoin is much bigger than that. So, this fork is pretty much a non-event. It doesn't deserve the efforts to split your wallet just to sell the fork. 1% to 2% the value of Bitcoin is quite the sum for me. I have to work for about an hour and 20 minutes to earn 1% of the value of Bitcoin, and that is gross, not net. (Yeah, I know. I'm a low wage worker.Lack of leadership skills is my big flaw.) |
|
|
|
Hello. How can I get a BitcoinCash and at the same time stay on Blockchain.info?
You will have to use your Blockchain.info recovery seed, and use it with a Bitcoin Cash compatible wallet that allows for recovery seeds. Before you use the recovery seed in the Bitcoin cash wallet after the fork, you would have to move all of your BTC to another blockchain wallet with a different recovery seed or none at all if you want to be safe. If your current Blockchain.info wallet does not have a recovery seed, you'll need to do even more steps. It will be a very complicated process. Probably more trouble than it is worth. And if you mess up a step, you could end up losing all of your Bitcoins. That is true it's just headache to let funds on blockchain.info because in new wallet we don't have any access to our private keys and that recovery process is very difficult and much longer to use it for that purpose. I think better option to move funds into electrum and write down you private keys which is nice choice. I'm glad that I have a Trezor. Trezor is going to release an interface that will take care of splitting your coins. I just hope they don't rush it and screw it up. I may have to wait. https://blog.trezor.io/bitcoin-cash-hard-fork-chain-split-safe-guide-abbe3e9c553fhttps://medium.com/@AlexeyZv/hello-a7f46995dd5chttps://medium.com/@xbach/through-this-interface-you-will-be-asked-to-move-your-bitcoin-cash-to-your-bitcoin-cash-address-62c6c712097f |
|
|
|
please to tell, where is this BCC dump?
Those crooks that decided to fork into Bitcoin Cash know very well that this unit will be sold into oblivion and will not exist for a very long time. What they bet on is stealing bitcoins from illiterate noobs that can't correctly split their wallets. That is their game. Act with extreme care and follow split manuals only from verified sources! You should have read the the outrage and whining on the Bitcoin ABC slack when two way replay protection was added to the client:) Is it possible to hijack a chain by lowering the difficulty? I should hope not, or practically every altcoin is in danger of attack. Otherwise, I seriously doubt they will ever be able to get the 51% hash required to overtake the BTC chain. |
|
|
|
Hello. How can I get a BitcoinCash and at the same time stay on Blockchain.info?
You will have to use your Blockchain.info recovery seed, and use it with a Bitcoin Cash compatible wallet that allows for recovery seeds. Before you use the recovery seed in the Bitcoin cash wallet after the fork, you would have to move all of your BTC to another blockchain wallet with a different recovery seed or none at all if you want to be safe. If your current Blockchain.info wallet does not have a recovery seed, you'll need to do even more steps. It will be a very complicated process. Probably more trouble than it is worth. And if you mess up a step, you could end up losing all of your Bitcoins. |
|
|
|
Biggest airdrop knowned to mankind. Thank you sweet altcoiners!
Not really an airdrop. It is a fork, a division, rather than an airdrop. Yes, kind of like how a hydra reproduces. Except the two chains will always share the same blocks up until the split.  |
|
|
|
The only way that I can see that this would effect the BTC market negatively is if they establish a BCC for fiat market. Then any whales who support BCC can dump their BTC for fiat and then bolster the BCC market with fiat. I suppose this could work if other alternate markets would be available. This strategy will not work as well if the only viable trading pair is BTC/BCC. The whale would then have to decide to either use their BTC to bolster BCC market or dump their BTC to harm BTC market. They couldn't do both. Ok so to clarify if there is NO BCC/USD pairing then the price of BTC today does NOT equal the price of BTC post fork + BCC? In other words if I buy 1BTC (£2000) and then get 1 BCC (say it comes valued at 0.1BTC) then I sell and end up with 1.1 BTC (£2200),? Am I correct in thinking this way? BTW I hope BCC comes priced at at least 0.25BTC but we can all dream right? Thanks for your input  There are other factors that could effect the BTC/USD market though. There is absolutely no guarantee that the BTC/USD will remain stable. (In fact it is practically assured that the BTC/USD price will always be volatile.) You could still end up with less than (£2000) or more than (£2200). EDIT: I just read Kraken's statement and they will be offering BCH/USD and BCH/EUR pairs, so this really could hurt the BTC/USD and BCH/EUR markets. |
|
|
|
The only way that I can see that this would effect the BTC market negatively is if they establish a BCC for fiat market. Then any whales who support BCC can dump their BTC for fiat and then bolster the BCC market with fiat. I suppose this could work if other trading pairs would be available. This strategy will not work as well if the only viable trading pair is BTC/BCC. The whale would then have to decide to either use their BTC to bolster BCC market or dump their BTC to harm BTC market. They couldn't do both. |
|
|
|
This is reliable information that bittrex will add BCC?
no yobit?  lel They are probably too busy trying to figure out how to get their ducks in row after the US government effectively shut down BTC-e. After all, they have extremely weak KYC and AML practices.. AFAIK they aren't licensed to do business with US customers, either. |
|
|
|
I remember everyone saying ETC would be forgotten within a week, and many people including me dumped ECT, well I regret doing that. If only I ignored stupid trolls and FUDstars and keep my free ETC I'd be $100k better today. I nobody unless idiots are enjoying this senseless fork news dragging back and forth, time to get it over with.
etc was the original chain and they had a point. you can't say the same for bitcoin cash. still, it might be dumb to dump but it looks way more doomed to me. i'd get rid of a decent proportion now and sit back and wait. I'm going to have to wait to redeem my BCC anyway. I'm not going to dick around at 6:20 am in the morning on a work day updating the firmware on my Trezor, and moving my meager 1.8 BCC to dump. I'm certainly not going to move my BTC to an exchange from my Trezor just so I can let the exchange handle the redemption for me. I may also decide to wait to let others vet this software and network for me. I'm sure if something goes wrong, it won't take long for the bitching and crying to commence. |
|
|
|
|
Show Posts
