The cynical view of the Bcash fork is as follows:
- November is historically the strongest month. Bitcoin almost always goes up in November
- The fork date is 15 November. This is smack in the middle of a rally month
- This date is a deliberate choice. Of the 365 days in the year, picking the single strongest price day of the year is no coincidence
- We know from past experience that forks cause price rallies
- The conclusion is that this hard fork date was deliberately chosen to create a rally
- Roger Ver has excellent skills at social media
- Crypto twitter and Reddit love a drama
- Roger Ver, Jihan Wu and Craig Wright all love a dollar
- They are not the sort of guys to let a disagreement over relatively minor technical aspects get in the way of making a dollar
- They certainly do not lose money to uphold obscure points of principle
- Therefore the purpose of this hard fork is to make money, with a story line played out in social media drama
- The most likely beneficiaries of a rally are existing bag holders
- The biggest bag holders are Jihan, Ver and Calvin Ayre (who controls Craig Wright)
- The most likely explanation is that the Bcash fork is just a whale game by Jihan, Ver and Ayre to suck the punters out of their money
- They will probably have a Kumbaya moment at some point and all will be forgotten, after they have lined their pockets
- Because after all, it’s just a game to them
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I wonder if I have to move my BCH off my original 2015 BTC wallets to claim this supposed BCH fork? Seems the kinda thing Craig Wright would do,
only allow a fork off of a BCH address proper on the snapshot? (clarify anyone)..anyway free $$$ I should probably keep up on this in some manner and get
an answer to this question on the fork. You'd think if legit it would be mentioned someplace as a yea or nay...but not a lot of clarity in all this
thanks off topic (kinda) but this crap is hanging like barnacles off my BTC blockchain...best to know I guess
brad
I spent all of my BCH, lived like a King for a year & absolutely loved it. Any way....I still have the private keys from my old BITCOIN addresses that I claimed the BCH from.
Quick question - Can you still claim the new BCH fork coins from the old BITCOIN private keys or will it only be from BCH addresses/keys?
good question don't know but gonna ask my boy as well...... (you wanna extend another year of living as a KING
)
There is no way you are getting forked bcash unless your bcash are still at the address at the time of the fork.
That is forkening 101.
So if you spent your bcash from old bitcoin addresses, then you not getting nuttin.
On the other hand, if you moved your bitcoin from the old addresses, but you never claimed your bcash from those old addresses, then those old addresses would be bcash fork eligible.
ok..so i never have taken any BCH ...I have 2 2015 btc wallets....i thought perhaps I had to move the BCH off those wallets to a BCH address proper for the fork to work in whatever manner.
Surely, I am NO technical expert, but it seems to me that if you have never moved your coins, and you have access to the private keys the whole time, then you have access to all BTC forks and all forks of BTC forks.
so you are telling me that if/when I ever move my BTC to another 'clean' wallet and have this old BCH wallet address from back in the day (2015) I can treat that as FIRST BCH address and this BCH fork (bcc?) or whatever would just be another fork to ponder on this now empty BTC address.
I am pretty sure that is correct. Surely sometimes there might be tricks in how to claim the forks or the forks of forks, but that does not change the fact that you own them all, as long as you did not move them prior to the fork (which the next anticipated one is on 11/15). Claiming might be another tricky story, and surely we have heard that there have been some claiming of BTC forks that ended in disaster because they gave away the private keys to people who were not honest... which could also happen with claiming BCash forks (forks of forks)
i think i got it? is the above correct?
Seems like you got it.
again never spent any, never moved any, just sitting their mocking me in the last year by going down 2/3 (yea ...I'm a mental giant!)
Hey, each of us has various limitations. Before the August 2017 hard fork, I had a decent amount of my coins in one address that I was afraid to move until I bought either a ledger nano s or a trezor, and then it took me several weeks to claim my bcash, and even though I learned quite a bit in the process, I saw some BTC HODLers who rushed into the process and lost some BTC in the process. So, I am not going to judge you for NOT moving some or all of your coins, because it can take a decent amount of time to figure out some kind of strategy that might work for you. I also made some mistakes in moving my coins around, that I kind of regret - even though one of the positives would be that I learned from the process.
so again, from your post, I assume I don't have to do sh*t even if this BCH forks into 3 coins by the end of the month
I think that is true. You could wait 10 years if you want, and if any of the forks have value, you could claim it (them) then. One of the advantages of claiming early would be to actually get value from the fork, and in Bcash, I think that I got around 10% (meaning selling for around .1BTC), so part of the risk is that all of those dumb ass forks could end up going to zero, and you lose all the value (while still having all the BTC), or one or more of those dumbass forks could go all the way up to .5BTC and then subsequently go to zero, and you might then say to yourself,
"fuck!!!!! I missed an opportunity to get .5BTC for some shit coin(s). Fuck me!!!!!"
hahahahahahahaha
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