Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[empowering]

..... the gates are going to open soon....

[600watt]

It will be interesting to see which dormant BTC addresses move to sell their Bcash tokens.

Will give a better idea of which addresses are dead and which are just hodling.

please excuse my probably stupid question:

do btc need to be moved in order to claim bcash? is there a deadline until this needs to be done or can one claim bcash let´s say in 2 years? 5 years?

[European Central Bank]

please excuse my probably stupid question:

do btc need to be moved in order to claim bcash? is there a deadline until this needs to be done or can one claim bcash let´s say in 2 years? 5 years?

nope but to move the bcash you have to expose your private keys. that would be a very stupid thing to do with an unknown wallet. anyone redeeming them should move their btc out before doing so.

assuming your btc was in the wallet on the fork date, the bcash will always be linked to those private keys.

[Denker]

It will be interesting to see which dormant BTC addresses move to sell their Bcash tokens.

Will give a better idea of which addresses are dead and which are just hodling.

please excuse my probably stupid question:

do btc need to be moved in order to claim bcash? is there a deadline until this needs to be done or can one claim bcash let´s say in 2 years? 5 years?

If Bcash should exist for several years you can claim it at any time. So no deadline!
To redeem your Bcash it is recommended to move your BTC to a completely new created wallet before using the old private keys to import them into a Bcash wallet! -> security reasons
There are several instructions out there how to do it properly. Theymos also created a thread about that which I recommend to read.

https://bitcointalk.org/index.php?topic=2059111.0

[julian071]

FUCK YEAH got my BTC I made from Bitcoin Crash. Fucking amazing. So much free money!! Bought a truly excellent bottle of champagne, gonna celebrate with my GF tonight =D

https://youtu.be/gKw5mBh4rYs

[soullyG]

please excuse my probably stupid question:

do btc need to be moved in order to claim bcash? is there a deadline until this needs to be done or can one claim bcash let´s say in 2 years? 5 years?

nope but to move the bcash you have to expose your private keys. that would be a very stupid thing to do with an unknown wallet. anyone redeeming them should move their btc out before doing so.

assuming your btc was in the wallet on the fork date, the bcash will always be linked to those private keys.

Like ECB said, the Bcash will always be linked to those private keys..but the longer you wait, the more chance there is that Bcash $ value will plummet (unless you think the value will rise from here)

[empowering]

....... soooooo

Bitfinex has now enabled margin trading for BCH

But not opened up deposit wallets yet

Cannot help but still think this is pump and dump and dump and dump.

These closed loop exchanges are messing with the price discovery- eliminating arbitrage opportunity
and simultaneously benefiting those with coins on the exchanges - those that wished to do so have been able to sell their BCH or part of. In fact the wave up and correction on Finex gave many a chance to almost double their BCH
in a day- and this ain't over yet.

It's gotta get messy when they open deposit wallets on the exchanges.

Crazily enough - I have heard of people that stayed in fiat during the fork- and
then after fork bought BTC and BCH- mental.

Yes, many people that started purchasing BCH made some easy profits. I sold my BCH on kraken for 175 euro a piece... never expected it to get up to 600 euro's the next day

Yeah - so far I have had fun with my airdrop coin..

Now that margin trading is open - the temptation to load up on collateral on finex
and go short BCH - at its next pump- in time for when they open deposit wallets - is VERY a very strong temptation even though I rarely go short - this maybe one of those rare occasions TBH - contemplating it.

https://www.bitfinex.com/posts/213

Can I use my BCH as margin collateral?
BCH will not be eligible as collateral for margin positions.
...but at BFX, our rules changes according to our moods..

So it appears one can trade on Margin- though not use the underlying BCC as collateral at present

:/

[FractalUniverse]

empowering> I was thinking about shorting it myself, but its very dangerous before bch deposits are allowed. bitcoincash camp can have millions of dollars parked on exchanges and pump it where they want, as long as exchanges are closed for new cashcoins deposits. Some exchanges may be manipulating price in their own interest as well. (they received load of BCH too)

[Wexlike]

FUCK YEAH got my BTC I made from Bitcoin Crash. Fucking amazing. So much free money!! Bought a truly excellent bottle of champagne, gonna celebrate with my GF tonight =D

https://youtu.be/gKw5mBh4rYs

Enjoy !

[empowering]

empowering> I was thinking about shorting it myself, but its very dangerous before bth deposits are allowed. bitcoincash camp can have millions of dollars parked on exchanges and pump it where they want, as long as exchanges are closed for new deposits. Some exchanges may be manipulating price in their own interest as well. (they received load of BTH too)

Oh for sure - I agree- in fact somewhat counting on it...

Not shorting from here- not yet at least... as you say too risky.

I am looking to see if it gets pumped before the deposit wallets are enabled - all depends what happens but
for sure it's risky.

(Finex also still has issues with regard to depositing/withdrawing fiat unless the BCash crew has had large amounts of funds there for sometime - then they would only have been able to send funds recently onto finex at least via cryptos- further making finex somewhat more of a closed loop at present)

I am wondering if it's going to be hilarious when the deposit wallets are opened - volatility explosion
- or if there will be a concerted effort to prop up the price- the thing is though we are not talking
Millions here- not even hundreds of millions - but billions.

It's a absolute fuck storm in the making - I am somewhat hoping for hilarity

[steelboy]

Do all my Casascius coins have an equal amount of BCH in them too then?

Surely the premium for them must go up even more too! 

[empowering]

Has anyone put any low ball bids on the books?

If so how low did you go ?    is $1-10 range too cheeky 😂😂😜🤔
 

(And what's anyone's  very highest ask on the books for the next 48 hours that they semi expect to get filled?)

[bitcoinvest]

please excuse my probably stupid question:

do btc need to be moved in order to claim bcash? is there a deadline until this needs to be done or can one claim bcash let´s say in 2 years? 5 years?

nope but to move the bcash you have to expose your private keys. that would be a very stupid thing to do with an unknown wallet. anyone redeeming them should move their btc out before doing so.

assuming your btc was in the wallet on the fork date, the bcash will always be linked to those private keys.

Like ECB said, the Bcash will always be linked to those private keys..but the longer you wait, the more chance there is that Bcash $ value will plummet (unless you think the value will rise from here)

OF COURSE those wallets are now empty from BTC!!! i am not crazy i want to sell now that has a price before it gets to the bottom...
i not have illusions that this alt will go up....

[empowering]

BTC/BCH pair during upcoming segwit rally - could this be the perfect storm? 😈⚡️

[williamuk]

Has anyone put any low ball bids on the books?

If so how low did you go ?    is $1-10 range too cheeky 😂😂😜🤔
 

(And what's anyone's  very highest ask on the books for the next 48 hours that they semi expect to get filled?)

I did (~$1) but failed to get them, the dust needs to settle. This is not as straightforward as I expected, and neither is btc.

[empowering]

Has anyone put any low ball bids on the books?

If so how low did you go ?    is $1-10 range too cheeky 😂😂😜🤔
 

(And what's anyone's  very highest ask on the books for the next 48 hours that they semi expect to get filled?)

I did (~$1) but failed to get them, the dust needs to settle. This is not as straightforward as I expected, and neither is btc.

Enjoy the volatility

[Dakustaking76]

When its the best time to sell the bcash??
Are we expecting a pump ore its over?

[Torque]

[williamuk]

Enjoy the volatility

Not so much because I find it quite unpredictable this time 

[shtako]

When its the best time to sell the bcash??
Are we expecting a pump ore its over?

Cryptopia opened up for cash deposits a few hours ago. The price there is now under 50% of the price on bittrex. And when bittrex opens up for deposits the price will most likely crash there as well.