That's exactly what I am fearing about. Also, has anyone thought what is going to happen to those people, who have their Bitcoins stuck with BTC-e? How they are going to claim the BCC, when they don't have the private keys to their wallets?

There are a lot of people who have announced their support to BCC. These people are going to dump a major part of their BTC holdings, to purchase BCC tokens. If they are going to dump some BTC100,000 in the market, then that may be enough to purchase all the free-float BCC. So my guess is that the BCC vs BTC exchange rates are unlikely to dip below a particular threshold.

BTC-e had two owners. The first one was Alexander Vinnik, who is about to be deported to the United States, where he is going to spend the rest of his life behind bars. The second owner is another Russian guy called "Aleksey", who is in some country which is outside the US jurisdiction. He has taken control of all the coins and gone in to hiding. Now this may be a strategy to protect these coins from being confiscated by the authorities.

I don't agree with OP. It is a new coin, and even then many dozens of exchanges and wallets have decided to support it. Adoption doesn't happen overnight. It takes time. And here we have a coin, which has gained the support from so many major players, even before it came in to existence.

That is debatable. According to various reports, hundreds of innocent bystanders were killed during the vigilante squad raids. And many of these bystanders had absolutely nothing to do with drugs.

Iran is still having a Jewish population of around 20,000. And that makes it one of the last Muslim nations with a remaining Jewish minority. And if I am not wrong, Yemen is still having around 200 Jews. Morocco is also having around 2,000 and Tunisia is having a few hundred Jews.

But as long as Vinnik remains as a Russian citizen (I am not quite sure about that, as somewhere I read that he was holding a Cypriot passport), Russia needs to provide him with legal and diplomatic support. Anyway, they are not going to be happy with the Americans arresting him.

The trade volumes would be interesting. And I don't understand one thing. If the GBTC is trading at such a premium, then what prevents the managers from buying more BTC from the exchanges and converting it to GBTC shares?

What if you are trapped in the $3,000 to $1,700 wave? In that case, you will be losing almost half of your investment. I have only one advice for you. Please be patient, and in the end BTC will make you rich.

What if the OKCoin and Huobi guys are having powerful connections with the Chinese government? Anyway, why the Chinese authorities would allow such a seizure, when the Bitcoin exchanges such as Bitstamp and Kraken, which are based in the western nations are allowed to operate without any issues?

If you are a margin trader, then I would recommend BCC. Because a lot of powerful people are supporting the currency, and at least in the initial few (5-10) days there will be a big pump. Some of the people behind Bitcoin Cash has taken the survival of that coin as a matter of their prestige. So they will go to any extent, to pump the currency.

That means that they are not supporting Bitcoin cash. So there are two scenarios.

1. Blockchain.info refrains from claiming BCC. In this case, you can claim the BCC using the private keys of your wallet. Just export the private key in text format and import it to any of the BCC compatible wallets.

2. Blockchain.info claims BCC but refuses to credit it to the users. I don't think that the chances are very high. As far as I know, they don't possess the private key for these wallets. So there is nothing to worry.

Stellar and Byteball airdrops were different. They just neeed a signed message from your Bitcoin wallet. But BCC is going to be different. It requires the private key of your Bitcoin wallet to be imported in to a BCC-compatible wallet.

So here is the best way to claim BCC: Move your coins from your primary Blockchain.info wallet to another wallet a few days after August 1. Once this is done, import your private key from your primary wallet to any of the BCC-compatible wallets. In this way, you will get the BCC and there will be no risk for your Bitcoins if something turns out bad.

It is all about luck. I have been here for more than 4 years, and I know about BTC quite a bit. Even then, my profits from Bitcoin trading were moderate, at the best. At the same time, I have seen noobs profiting as much as 100% in a single day from margin trading.

My guess is that there will be massive FUD and chaos around, with the exchange rates briefly dropping below the $2,000 per coin mark. But the prices will recover quickly, may be within the next 2-3 days.

It is not free money. The current market cap of Bitcoin can be considered as the combined cap of BTC+BCC. After August 1, BCC is going to split off from the BTC, and therefore the BTC exchange rates may dip.

Two days back, I moved my coins from Blockchain.info wallet to Electrum wallet. For briefly, I thought about keeping them in the OKPAY exchange wallet, but then decided against it. The risks are too high.

At first I was upset and thinking that the Americans have overstepped their jurisdiction. But now it seems that they were right in arresting Alexander Vinnik. WizSec has published enough evidence to link Vinnik with the Mt Gox robbery.

This is ridiculous. The Americans have detained a Russian citizen in Greece, for running a Bitcoin operation from Bulgaria. Now they want him deported to the United States. WTF? Why the Americans can't mind their own business.

I support the second option. After the sex change surgery, the rapist must be shipped off to some African nation, to serve in the brothels there. Any revenue arising out of this exercise must be distributed among the victims.