As I see it, Coinbase are going to steal the BCC for themselves by not crediting BTC deposits with the according number of BCC. Currently it looks like 10BCC=1BTC so they would be stealing 10% of the value of your BTC.
I cannot understand why anyone still has coins at Coinbase. They have told you in advance that they will steal from you! Don't let them!
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The real question is: if they are having a war on cash, and Bitcoin can be used to replace cash, when will they start their war on Bitcoin? You can already travel with large amounts of Bitcoin on your phone/laptop/usb stick/online wallet, which they don't like. If Bitcoin acceptance as a currency rises, then I expect that they will come down on it too. And don't worry, every transaction is on the blockchain forever for all to see, so when they do come, they'll have all the information they need!
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I expect that it will dump heavily, then after a day or 2, it will start to rise up again. I am pretty much expecting something similar to ETC, but who knows, it could be totally different this time.
I don't think it will go too low though. I am tempted to buy lots of other Alts before or immediately after the fork though, I think people are speculating on getting their BCC/BCH so are selling alts now, and they will rebound after Aug 1st.
The possible profit could be more than the gain from Bitcoin Cash!
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I'd be more worried about it being a conspiracy if everyone dumps their BCC on Tuesday, but the price rises. I think the miners and some of the Bitcoin powers that be would like to dominate bitcon more than hey already do.
If they can sweep up a lot of cheap BCC and start mining it, then the exchanges could follow the mining power and then they would have won.
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hope price will recover, it's a nice coin and I am going to hold it for longer term.
All alt crypto on selling side because everyone want to keep bitcoin before 1st Aug. So they will get their part of Bitcoin Cash. Otherwise normally when btc price around all time high. Crypto don't go low. But this event is unique let it pass and it will recover. Does it mean many people think the BCC will not be useless? It means people want to have as much BTC as possible so they can be first in line to dump BCC. I just hope it will not go below 1$ in the first 10 minutes, otherwise it was all for nothing but I'm pretty sure it will collapse very fast, just imagine if 100k BCC will be dumped, that will collapse the price to <1$. (I imagine 90%+ of all BCC will be sold, so in the ballpark of 15million but there won't be enough buy orders to dump into) There won't even be 15mil BTC that are actually available and in circulation. Consider those in cold storage, those with lost private keys, those belonging to people who have died etc etc. If 90% of people decided to sell it would be a miracle. The blockchain would be backed up for months with the millions of transactions!
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ETC was the gimp chain in the ETH/ETC split, ETH didn't overtake ETC, it was always the main chain with most of the exchange support, mining power and higher price. BCC will be the gimp chain in the BTC/BCC split. It won't overtake BTC, BTC will always be the main chain with most of the exchange support, mining power and higher price.
So apart from being 100% wrong, good point.
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I thought that it is already a success in bitcoin segwit and no split was gonna happened? Do i still need to sell all my bitcoins before august 1?
As far I know a spilt won't happen that's my gut feel according to all the news happening round. Now your question to sell well it's difficult to answer you should consider different scenarios, we'll If you need money asap then sell, if you don't you keep them it's very easy decision, then again two more scenes maybe price g s down and you would be like why didn't I sell, and when you sell price shoots up, your call. All signs and sources point to there being a split on Aug 1st... There are wallets being made public, the organisers have said that they will split, there are futures being traded on ViaBTC. I don't understand why people don't think there will be a split. It will be a minor split, but at the moment the futures are training at about 16% of the BTC price, so it would still be a big project. If you sell beforehand, you won't get any BCC, but if you don't want them, you could wait and sell afterwards, or just send your BTC around until someone replay attacks you!
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LastPass Password Manager is made to do this. Do not forget to make backups and use a strong password.
The problem is you cannot make a truly random strong password that you can remember reliably, so you wind up writing the password down. Can you remember a random string of numbers, letters and symbols longer than 20 characters? I sure can't. If you allow a password manager to remember your password you have an attack vector. Hardware wallet manufacturers recommend you write your seed on paper and store in a safe place for legitimate reasons. The thing is, there is almost no perfect way to store your Bitcoin in a 100% safe way, whilst still being able to access it yourself. You can write down your very strong password, but there is always the chance that you lose your note. So you could save it somewhere or photograph it, but both aren't safe! So you could use a password manager, but then you have your attack vector as you said. I personally see my very strong password hidden in my strong password/2FA protected password manager as a pretty good solution. Could it be better? Yes probably. But if it were safer, it would probably be difficult for me to access. Another thing is to not keep all your eggs in one basket. I mean losing some of your bitcoins is obviously a nightmare, but that is preferable to losing all of your bitcoins! Paper wallets are good, but nowadays with stuff like BCC and Byteball around, it is necessary to sign messages or split your coins, so just leaving your Bitcoin in an offline paper wallet is actually missing earnings opportunities.
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Hey if BCC trades at 0.15 BTC I will be happy! That is like a 15% bonus for all Bitcoin holders I just hope that they sort out a good replay protection, I remember that Poloniex would split ETH/ETC deposits automaticalls for you, if you depsoited a pre-fork Ether with them. Why can't all exchanges do that, then we can all dump the side of the fork we don't want or back.
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It makes sense for Bittrex to credit account with BCC, they will certainly add BCC for trading immediately, even if it flops, it will be a big altcoin for a while, and they have plenty of small altcoins listed already. Coinbase on the otherhand probably won't ever list BCC, so don't want to open BCC wallets, just to allow withdrawls. It makes them no money, but is work for them.
If BCC really trades at 17% of BTC, I will be amazed! It will be heavily traded at the start, really people who don't have their coins on exchanges like Bittrex won't be able to trade them, if say 15% of the miners started mining BCC (I expect less) then blocks will be generated once an hour, so moving coins from offline wallets to exchanges will take ages!
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forks and updates are part of the exchange buisness that is why they have the duty to give you both coins.
the only way i could agree to your argument is that the tech guys of the exchange are too stupid to manage the fork and tell their customer in advance that they should withdraw balances.
more like too lazy and potentially unwilling to endorse something they want nothing to do with. and if they tell people in advance then i still don't see what the problem is. There are a lot of things that exchanges could do, but don't do. If people had addresses that would have gained CLAM, then they exchanges could have given them out. They could link wallets to Byteball and give out those too. There are lots of airdrops and now we will have a forked alt coin too. I think the safest bet for an exchange is to say that they won't give out any of the 'bonus' coins, if you want them, then you have to keep them in your wallet.
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Directly from the Transition Bot, when I linked a new BTC change address just now: For the bytes you hold on August 7 you receive 0.2 new byte for each 1 byte of your balance, even if your bytes are not on linked Byteball addresses.
You also receive 0.42222 blackbytes for each 1 byte of your balance on the linked Byteball address, which currently is:
So, you get 0.2 byte per 1 byte... even if that address isn't linked... however, the 0.42222 blackbytes are ONLY for linked ByteBall addresses. Beware of change addresses in your BTC wallet AND in your byteball wallet for the next distribution round!Byteball distribution companion helps you. Is you address properly linked? Is your linked BTC balance what you expected? Are all your bytes on your byteball linked address? How much will you receive? +Bookmark. Once distribution has started you can follow in near real time when bytes arrive in your wallet. Enjoy! Thanks for that, I just realized yesterday that most of my Bitcoin isn't linked anymore as they are in change addresses. It's fairly annoying, but I guess I will just link the change addresses too, rather than get everything back into one address. I am calling the bottom of the GBYTE price now, I think the build up phase will start soon before the next airdrop.
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Greetings,
I created an electrum walet some time back. I stored this wallet's password and seed, on a flash drive. A week ago the flash drive was accidentally broken when my laptop fell from my desk....I tried to guess (the pw) for a week now but with no success... All I can remember is that I did NOT make the password complex something simple like my username here (I tried it too). Out of desperation, I went into the password section of electrum, hoping I could just create a new password. It didn't work, but I noticed that there in the corner, there was a lock icon and it said that my wallet was not encrypted. My question to you is can I possibly retrieve my bitcoins as a result of my wallet not being encrypted??? Or is some other way I can retrieve my bitcoins???
If you can help me with this issue, I WILL make a donation to you!!! I truly hope to hear from you soon! PS, somebody suggested a bruteforce method. I have no knowledge of that. Please explain how you can help, LAYMAN terms please!
It sounds to me like your best bet would be to try to retrieve the data from the flash drive. Unless it obliterated when your laptop fell, I would be surprised if the data couldn't be recovered. It might not be cheap if you need to hire someone to get the data, you also need someone very trustworthy, but if you had more than 0.5btc in the wallet, it is probably worth it. P.S.) don't use crappy passwords.
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You can do this with most iOS or Android online wallets like Copay or Blockchain. However no cold storage option that way.
I use it already for my mobile blockchain wallet, that is why I thought about it for Electrum! It certainly makes it easy, and for my mobile wallet it is much safer than a 4 digit code! I only keep a small fraction of a bitcoin on my phone, but that is still a fair chunk of change nowadays! For Electrum I would like it as a 2FA. I use 2FA already, but if I lose my phone, or I don't have it with me, it means I have to restore my wallet from seed, which isn't ideal. I would like to type in my seed as infrequently as is possible, in case of keyloggers or alike.
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*until the next FUD in a few months ..when the 2mb option on this is pushed...
you mean the next "Discount day" whenever it comes. this time the biggest one was a 60% discount on bitcoin (the summer sale) at $1830 since we are going to be nearly $2900-$3000 A 60% discount on $3000 is $1800? I personally would say it was a 40% discount... We can laugh about it (after the fact) but the volatility of Bitcoin makes it a joke. 40% falls are fine in Zimbabwe, but for a serious currency, it can't happen. Can you imagine being paid in Bitcoin based on a USD amount? You get paid 40% less this month, oh it's recovered now but your rent is due!
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BTC price has returned and even topped, but byteball Still at a very low level...
Well there is pretty big inflation on a monthly basis here, so the market cap hasn't fallen as much as the price. It is also the middle of the month lull, people want to hold Byteball before the airdrop, but that is 2.5 weeks away, so they don't need to worry about it. Alts generally are down too. I know everyone says this all the time about every coin, but I actually think that now is a good time to buy here. But to make a short term profit, you probably want to dump before the airdrop, sell when others are buying.
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I hope they do fork, if they do I will buy the pre-fork dip and enjoy having the ETH + ETC2 afterwards! It doesn't sound like it is ETHs problem though, they can't hardfork everythime anyone using their system makes a mistake.
Also $35mil is a drop in the ocean now, the DAO was everything for ETH back then, this isn't. I still feel for those who were robbed though.
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So there are 80% backing BIP91 and 13.9% backing segwit. Why has it taken so long to reach agreement on Segwit if 94% of miners agree with it!
BIP91 could be locked in in 38 hours, exciting times!
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With ETH/ETC, as soon as ETC started trading it got dumped down to a very low level. Then is quickly rebounded and went very high, I think up to 30% of the price of ETH, which was obviously assumed to be the strong side of the fork.
I wouldn't feel to confident selling straight away, you might also have to watch out for replay attacks, so be careful moving your Bitcoin/Bitcoincash around straight after a fork.
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is there a way to add a biometric, preferably a fingerpint, lock to you Electrum wallet? I would like it on top of my normal password, just in case.
I prefer the simplicity over normal 2FA, which can easily be lost.
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