moneyLooser (OP)
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March 18, 2017, 09:16:22 PM |
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Is that true that we have to move all our coins to a bitcoin core wallet so that in case of a fork to Bitcoin ulimited we have our coins also there? I heard that it is not good to leave the BTC at exchanges because they won't deposit these BTU 1:1 to BTC. Anyone knows more?
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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dinofelis
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March 18, 2017, 09:23:34 PM |
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Is that true that we have to move all our coins to a bitcoin core wallet so that in case of a fork to Bitcoin ulimited we have our coins also there? I heard that it is not good to leave the BTC at exchanges because they won't deposit these BTU 1:1 to BTC. Anyone knows more?
Depends. I think certain exchanges recently declared they would list both coins, but I don't know how they would handle this. Best is indeed to have the coins, and not exchange IOU. But don't worry, there won't be a hard fork soon (or ever). https://blockchain.info/fr/charts/bitcoin-unlimited-shareTechnically, they cannot fork before reaching 51%, but they declared not doing so before reaching 75%. |
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FandangledGizmo
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Activity: 1138
Merit: 1001
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March 18, 2017, 09:41:37 PM |
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All Bitcoin Unlimited needs to do is say they made a mistake they will not try and fork Bitcoin then we can go back to the long uptrend, all time highs and moon.
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bathrobehero
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Activity: 2002
Merit: 1051
ICO? Not even once.
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March 18, 2017, 09:57:12 PM |
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Any fork that requires users to act or otherwise prevent users from accessing their long term cold wallet held coins is a shit one.
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Not your keys, not your coins!
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Ethirald
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Activity: 129
Merit: 100
Vulverant omnes, ultima necat.
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March 18, 2017, 10:10:37 PM |
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Does anybody know if there's some wallet that will support the forked chain?
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Lionidas
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March 18, 2017, 10:29:09 PM
Last edit: March 19, 2017, 02:20:23 AM by Lionidas |
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I don't think it would be wise to put any faith into bitcoin unlimited at what has happened today being evident it is not something to rely completely on for anyone who has even a BTC invested into the blockchain.
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truimpheriues
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March 18, 2017, 11:36:47 PM |
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Is that true that we have to move all our coins to a bitcoin core wallet so that in case of a fork to Bitcoin ulimited we have our coins also there? I heard that it is not good to leave the BTC at exchanges because they won't deposit these BTU 1:1 to BTC. Anyone knows more?
where do you get information if bitcoin core(BTC) can swap to bitcoin unlimited(BTU) 1:1 you can share you get information and youre information valid or not, or only issue, until now BTU not ready |
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qwizzie
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Activity: 2548
Merit: 1245
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March 19, 2017, 08:57:40 AM |
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Chainsmokers
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March 19, 2017, 09:02:29 AM |
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wow poloniex still support bitcoin core? |
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CyberKuro
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March 19, 2017, 09:24:39 AM |
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Is that true that we have to move all our coins to a bitcoin core wallet so that in case of a fork to Bitcoin ulimited we have our coins also there? I heard that it is not good to leave the BTC at exchanges because they won't deposit these BTU 1:1 to BTC. Anyone knows more?
Depends. I think certain exchanges recently declared they would list both coins, but I don't know how they would handle this. Best is indeed to have the coins, and not exchange IOU. But don't worry, there won't be a hard fork soon (or ever). https://blockchain.info/fr/charts/bitcoin-unlimited-shareTechnically, they cannot fork before reaching 51%, but they declared not doing so before reaching 75%. Well, this is mean bitcoin unlimited can be activated in this year as bitcoin unlimited seems get 40% approval? Last time I saw it about 26% acceptance afterWu Jihan, founder of the world’s largest mining organization Antpool stated that "We will switch our entire pool to Bitcoin Unlimited” it looks like bitcoin unlimited will be the winner. |
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FractalUniverse
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March 19, 2017, 09:35:19 AM |
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or both bitcoins will be the losers..
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BioMike
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Activity: 1658
Merit: 1001
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March 19, 2017, 10:28:34 AM |
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or both bitcoins will be the losers..
^This... I am/was a supporter of Bitcoin since it was 2 weeks old... but the issues rising with bitcoin in the past two years are not being handled... instead a lot of development is spend in "solutions" that make bitcoin less attractive to use it in the long term. The only reason that I still have bitcoins is that you more or less need it for trading many alts. Which makes these alts also vulnerable to the price whims you see with Bitcoin, due to jokes like BU and alike. |
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Ayers
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Merit: 1023
Leading Crypto Sports Betting & Casino Platform
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March 19, 2017, 10:56:44 AM |
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Is that true that we have to move all our coins to a bitcoin core wallet so that in case of a fork to Bitcoin ulimited we have our coins also there? I heard that it is not good to leave the BTC at exchanges because they won't deposit these BTU 1:1 to BTC. Anyone knows more?
only in the case of a split, if BU will be the new main chain core will be forgotten, but exchange already said that they will see BU as an altcoin, so it's not clear how the things are going, i doubt we would have double of our coins, would be silly because everyone would dump on the exchange |
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FractalUniverse
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March 19, 2017, 12:25:27 PM |
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current prices at bitfinex - looks like BCC and BCU are overvalued as they add up to more than actual BTC price. but as soon as there will be margin trading available for them they will probably get closer to reality. or bcu price drops even more, will be interesting.
BTC/USD: 999
BCC/USD: 718
BCU/USD: 294
edit> actualy i got cool trade idea now:) selling short BTCUSD and buying BCCUSD could be safe trade. I have to think it through.
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dinofelis
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March 19, 2017, 12:33:55 PM |
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current prices at bitfinex - looks like BCC and BCU are overvalued as they add up to more than actual BTC price. but as soon as there will be margin trading available for them they will probably get closer to reality. or bcu price drops even more, will be interesting.
BTC/USD: 999
BCC/USD: 718
BCU/USD: 294
edit> actualy i got cool trade idea now:) selling short BTCUSD and buying BCCUSD could be safe trade. I have to think it through.
Haha, yes, actually, exchanges could already list non-existed forks ! That would be fun !  |
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Chainsmokers
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March 19, 2017, 01:13:55 PM |
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current prices at bitfinex - looks like BCC and BCU are overvalued as they add up to more than actual BTC price. but as soon as there will be margin trading available for them they will probably get closer to reality. or bcu price drops even more, will be interesting.
BTC/USD: 999
BCC/USD: 718
BCU/USD: 294
edit> actualy i got cool trade idea now:) selling short BTCUSD and buying BCCUSD could be safe trade. I have to think it through.
oh yeah its good idea dude |
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Arvydas77
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March 19, 2017, 01:26:17 PM |
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Relax Bitcoin is not going out anywhere soon despite hard-fork or whatever happens. Bitcoin also has a strong brand other cryptos don't have and will not anytime soon. I also don't expect BU to win over Core team. The battle continues because both sides have their own bias but after things settle we are going up. People just can't understand this because they're in a very altcoin euphoria.
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Triload
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March 19, 2017, 01:57:33 PM |
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wow poloniex still support bitcoin core? Sane and normal people support bitcoin core, not poloniex, 22 exchanges support core. Only greedy Chinese miners or people who want cheap bitcoin support unlimited. |
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muddafudda
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Activity: 1008
Merit: 1022
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March 19, 2017, 02:59:57 PM |
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Apparently, the most powerful companies in the Bitcoin community feel that a fork network division is becoming inevitable. Yesterday's statement certainly stunned the investment market. Many of the world's top Bitcoin stock exchanges, including Bitfinex, Shapeshift, BTCC, Kraken, Bitstamp and ten others have issued a statement detailing their contingency plans if there is a network split.
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rebel.salesman
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March 19, 2017, 03:09:29 PM |
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Deja Vu.
Hardfork, sneaky chinese miners, greedy exchanges.
ETC already did it!
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