BCU or Bitcoin Unlimited for sale at Bitfinex

[Xester]

I wonder if bitcoin split had occurred already. I was browsing in my facebook when I saw a post by a certain Enrique telling that Hardfork was already started and BCU is already for sale. I tried to double check it and verify it on cryptocompare to see if that claim was true. Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

[1715426046]

1715426046

[iamnotback]

Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

https://www.youtube.com/watch?v=f7yVyIPATWc

[ebliever]

Don't spread FUD. There is no hardfork yet. This is just a bet on whether traders think the fork will occur or not.

[Xester]

Don't spread FUD. There is no hardfork yet. This is just a bet on whether traders think the fork will occur or not.

I am not spreading any FUD. The reason why I posted this is to ask the community here in bitcointalk if they know something about it and could help me shed light to my confusion. I would like to thank you for your answer by the way but if the hardfork was not yet moved then what the hell is that BCU or Bitcoin Unlimited for sale at bitfinex?

[blockcha1n]

People are not wanting to buy anymore bitcoin because of this hard fork being very imminent.
It will affect the price as with any split.
Just hope BCU ends up like ETC did for ethereum's cause. 

[lite]

I wonder if bitcoin split had occurred already. I was browsing in my facebook when I saw a post by a certain Enrique telling that Hardfork was already started and BCU is already for sale. I tried to double check it and verify it on cryptocompare to see if that claim was true. Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

Bitfinex is only selling BCU tokens, hard fork hasn't happened yet. visit this(https://www.bitfinex.com/cst_token_terms) link and read it thoroughly.

[NaramediaID]

why there should be more   

[Bous]

Nothing of what you described occured. You should check the address of this copy-cat Bitfinex and report it to us today so that some people could make investigations on the matter.

[cryp24x]

I wonder if bitcoin split had occurred already. I was browsing in my facebook when I saw a post by a certain Enrique telling that Hardfork was already started and BCU is already for sale. I tried to double check it and verify it on cryptocompare to see if that claim was true. Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

Bitfinex is only selling BCU tokens, hard fork hasn't happened yet. visit this(https://www.bitfinex.com/cst_token_terms) link and read it thoroughly.

What if fork never happened? What happen to this BCU tokens and BCC tokens?  I think Bitfinex is making money again out of thin air.  We should think twice before getting into this scheme.  I wonder how much had been sold so far?

[blockcha1n]

I wonder if bitcoin split had occurred already. I was browsing in my facebook when I saw a post by a certain Enrique telling that Hardfork was already started and BCU is already for sale. I tried to double check it and verify it on cryptocompare to see if that claim was true. Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

Bitfinex is only selling BCU tokens, hard fork hasn't happened yet. visit this(https://www.bitfinex.com/cst_token_terms) link and read it thoroughly.

Ledger has something to say about all this hard forking about to happen:
"As a hard fork could be extremely rocky, and to avoid any bad situation for our users, Ledger would provide BTC-U supported tools only when the situation on the new chain would be a minimum stable."

Reference link - https://blog.ledger.co/what-would-happen-for-ledger-hardware-wallet-users-in-case-of-a-bitcoin-fork-3b955a065d57#.5o2f3lnfv

[Yogafan00000]

BTU tokens is stupid.  Anyone who buys this is asking for it because good chance fork WON't happen and they're holding ghostcoins that won't ever exist.

Maybe you get lucky and sell to the next greater fool?? very dangerous

SMH

[bettercrypto]

BTU tokens is stupid.  Anyone who buys this is asking for it because good chance fork WON't happen and they're holding ghostcoins that won't ever exist.

Maybe you get lucky and sell to the next greater fool?? very dangerous

SMH

I think it can't be help, the exchange is offering 1 BCU CST + 1 BTU CST for 1 Bitcoin.  Seems a package deal LOL.  Though I think this is kinda shady, why sell things that is not yet to happen.  I think this is just a token sales that has nothing to do with Bitcoin if ever it fork (since they have to credit you with your Bitcoins once fork happen.).

[Monnt]

OP is right.
We can see some trading on bitfinex in the name of BCU. I guess kind of pre-sale before actual coins to be mined (like ICO ?)

Here is the exchange link of bitfinex : https://www.bitfinex.com/trading/BCUBTC and its chart analysis : https://www.cryptocoincharts.info/pair/bcu/usd/bitfinex

From the chart of bitfinex, I can see it was being traded from March 18th itself.

Here is the description of BCU from cryptocompare :

This is only trading on Bitfinex for now and it involves a Chain Split Token from a current Bitcoin. The actual Bitcoin price page refers to the main chain at the moment. This is only a way of betting on the winner of the chain by Dec. 2017. The other half of the coin is Bitcoin Core page

https://www.cryptocompare.com/coins/bcu/timeline/BTC

[Sundark]

Bitfinex is only selling BCU tokens, hard fork hasn't happened yet. visit this(https://www.bitfinex.com/cst_token_terms) link and read it thoroughly.

These wankers at Bitfinex are experts on creating "tokens". They did exactly same thing after they were hacked and issued tokens which represented stolen BTC.
It's simple way to exploit situation with users unfamiliar with forking status and fuel further FUD.

Let's boycott this token!!

[Vaccinus]

BTU tokens is stupid.  Anyone who buys this is asking for it because good chance fork WON't happen and they're holding ghostcoins that won't ever exist.

Maybe you get lucky and sell to the next greater fool?? very dangerous

SMH

people are indeed trying to scam with all this story about the hard fork, BU have no consensus and only 10% more than segwit why people still believe it will happen?

[unamis76]

What are the fees for trading this token? This is ridiculous. I can't see how much are the fees but I assume this is an attempt to open a market that might get some movement in order to get fee money rolling and finally pay the people they owe money from their hack.

Even if this isn't the purpose this is one of the lowest tricks I've ever seen being employed in the Bitcoin community. It surprises me that such a known website decided to employ these tactics... This is why we can't have nice things and this is just pushing the troll agenda further.

The Bitcoin community should stop having any business with Bitfinex whatsoever...

[bitart]

BTU tokens is stupid.  Anyone who buys this is asking for it because good chance fork WON't happen and they're holding ghostcoins that won't ever exist.

Maybe you get lucky and sell to the next greater fool?? very dangerous

SMH

people are indeed trying to scam with all this story about the hard fork, BU have no consensus and only 10% more than segwit why people still believe it will happen?

People are just people (me too). If I'm not an expert (really expert) I usually belive what I read if the source is trustable (or seems trustable). If I see a new coin or token on an exchange, I belive it's real and working...
I just started to read about the hard fork, BU and segwit for a week or two now, but now I search for the news every day, but it's really hard to decide if I can trust the news or not...

[epitome]

What are the fees for trading this token? This is ridiculous. I can't see how much are the fees but I assume this is an attempt to open a market that might get some movement in order to get fee money rolling and finally pay the people they owe money from their hack.
The Bitcoin community should stop having any business with Bitfinex whatsoever...

Calm down and relax as this is just a FUD news .For that to happen there must be a hard fork and that never happened and it will not happen just like that,it is just an assumption that the price would be so and so and bitfinex cannot sell something that is not in existence .

[xypos]

I wonder if bitcoin split had occurred already. I was browsing in my facebook when I saw a post by a certain Enrique telling that Hardfork was already started and BCU is already for sale. I tried to double check it and verify it on cryptocompare to see if that claim was true. Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

Hard fork has not happened, please  don’t spread any FUD…
It is basically a token just like its own scam token BFX to compensate the losses from the 2016 hack. It does not represent the actual BTU coin or the Bitcoin Core coin.
So right now obviously you cannot withdraw any of these tokens into an actual wallet, because the hard fork has not happened yet.
But you can trade them on their website.

[Yuuto]

I wonder if bitcoin split had occurred already. I was browsing in my facebook when I saw a post by a certain Enrique telling that Hardfork was already started and BCU is already for sale. I tried to double check it and verify it on cryptocompare to see if that claim was true. Then finally I find out that Bitfinex was already selling BCU at 0.35 btc each per coin.

Any thought on this matter guys?

Think of them as futures…

You are essentially buying a share of BitFinex’s total bitcoin reserve, and speculating on the bitcoin core: bitcoin unlimited price ratio. Traders love to trade this sort of futures and derivatives these days, personally i don’t trust them.

The price is currently in favor of bitcoin classic which isn’t surprising at all, as bitcoin core still has a lot more nodes right now than bitcoin unlimited.

Boy this is gunna be interesting.