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962
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 29, 2017, 08:25:04 PM
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This is a no brainer. Hold both your BTC and BCC.
This is true only if you value fiat more than bitcoin. If not, only important consideration is how many BTC you'll buy by selling your BCC. If BTC appreciates faster than BCC then your "hold both" strategy is losers choice. If you can predict BCC and BTC price 6 months out you should already be a rich retired trader who does not need to hang out on crypto forums:) I don't need to predict BTC and BCC price in 6 month. I know that in 6 months you'll need much more BCCs to buy 1 BTC than in 6 days. Thats only thing you need to know to make the right choice! |
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965
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 29, 2017, 04:55:04 PM
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The risk in this strategy is that BCC crashes right away and never recovers and you lose that free money, but if that happens you’ll still probably benefit from a rising BTC price. Why should I miss that free money? BTC price will rise either way! I'm not in favor of crashing the fork right away. I'd like to see bigblockers protractedly defend that price and burn more of their bitcoins. |
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966
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 29, 2017, 04:42:28 PM
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I wonder what the price of BCC + BTC combined will be when BCC comes out. Hopefully price on BTC doesn't crash too hard or goes down that much at all.
Either way is very profitable. If price of fork is higher than we expect we shall get more of Jihan's and Ver's money when we sell it. if price of bitcoin is lower than we expect we can buy more bitcoins. |
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969
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 28, 2017, 10:01:57 PM
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Yes, they will be invalid. If 1 BTC is 5 BCC, and you spend 1 BCC, then you can't spend it again in the other chain. In other words, you will have 0.8 BTC.
But I hope I'm wrong and you can sell BCC for BTC and vice-versa, like any alt coin.
They would be two completely separate blockchains, where transactions of one coin can only be made on its own chain (because of two way replay protection), and cannot affect the other chain in any way. But will they use the same bitcoin addresses? I read that, to claim BCC, you have to put your BTC address in the ABC wallet. Never do that if you have unspent bitcoins on this address! After the fork is activated FIRST move your bitcoins to another bitcoin address and just after that put your empty BTC address in your BTCCrooked ABC wallet! |
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970
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 28, 2017, 07:46:06 PM
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Yes. In my math, $403 is exactly between 1% and 2% of $2759.
BTCC crooks don't have that much money to support such a price. Unless, of course, they succeed in stealing bitcoins from noobs as already explained. they can pump chinese fiat renminbi into that freak all day long I'd really like to ignore this as a non-event. But I can't because it isn't because somebody will pump that freak all day long. @becoin Greed always finds a way That's what I'm saying. Greed will force noobs to split their wallets and try to sell the fork. Instead they'll end up selling their bitcoins for peanuts. That's the game of the crooks. That might be the game of some of the crooks, but most of the names on that list have conviction and big bags. I think you underestimate this. These are the same clowns that stood behind Bitcoin XT, Bitcoin Classic, Bitcoin Unlimited, Bitcoin ABC and so on. How can I take them seriously? |
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971
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 28, 2017, 07:20:06 PM
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Yes. In my math, $403 is exactly between 1% and 2% of $2759.
BTCC crooks don't have that much money to support such a price. Unless, of course, they succeed in stealing bitcoins from noobs as already explained. they can pump chinese fiat renminbi into that freak all day long I'd really like to ignore this as a non-event. But I can't because it isn't because somebody will pump that freak all day long. @becoin Greed always finds a way That's what I'm saying. Greed will force noobs to split their wallets and try to sell the fork. Instead they'll end up selling their bitcoins for peanuts. That's the game of the crooks. |
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972
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 28, 2017, 07:13:07 PM
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Yes. In my math, $403 is exactly between 1% and 2% of $2759.
BTCC crooks don't have that much money to support such a price. Unless, of course, they succeed in stealing bitcoins from noobs as already explained. they can pump chinese fiat renminbi into that freak all day long Renminbi is useful only for the Chinese. There is capital control in China. I need dollars or euros. Who will pump dollars or euros in BTCCrooked so that I can sell it? |
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974
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 28, 2017, 06:30:58 PM
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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. |
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975
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 28, 2017, 05:54:47 PM
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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! |
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