[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees

[Lauda]

the author of electrum reviewed the code changes and he seems pretty skeptical, IMO it is likely a scam to steal seed for BTC wallets

This one is interesting: https://twitter.com/ElectrumWallet/status/891935330235973633. Thanks for confirming my suspicion.

imo a lot of people going to lose their BTC trying to cash in their bitcoin cash --- we'll be reading the sad stories soon enough, gonna be a bunch

I am not even confident in the replay protection of Bitcoin Cash, let alone any singular wallet implementation. I am almost certain that a lot of people will lose money trying to dump BCH.

They can do what they want with my private key I could even post it here publicly (im not) because I will have already transferred all my BTC to a new wallet before I even consider importing it to any BCC compatible wallet and draining its funds after that the wallet will be dead to me

A super majority of people will not do that before interacting with BCH. Do you really expect the average user to know the best way to proceed? Most of them know nothing besides the part "import your private key into a BCH wallet to use and dump it".

[timvim]

Am I okay using bitcoin core for now? I keep my keys in bitcoin core wallet until everything seems stable, then I can send the BTC to new addresses, and then import my private keys in a BCC compatible wallet and spend them from there, am I correct?

[kashish948]

any real exchanges open bcc markets yet? i dont see it on bitfinex or bittrex yet!

[ivomm]

I wish dumpfinex will be closed by FBI and all dumpsters lose their coins 

[loshia]

the author of electrum reviewed the code changes and he seems pretty skeptical, IMO it is likely a scam to steal seed for BTC wallets

This one is interesting: https://twitter.com/ElectrumWallet/status/891935330235973633. Thanks for confirming my suspicion.

imo a lot of people going to lose their BTC trying to cash in their bitcoin cash --- we'll be reading the sad stories soon enough, gonna be a bunch

I am not even confident in the replay protection of Bitcoin Cash, let alone any singular wallet implementation. I am almost certain that a lot of people will lose money trying to dump BCH.

They can do what they want with my private key I could even post it here publicly (im not) because I will have already transferred all my BTC to a new wallet before I even consider importing it to any BCC compatible wallet and draining its funds after that the wallet will be dead to me

A super majority of people will not do that before interacting with BCH. Do you really expect the average user to know the best way to proceed? Most of them know nothing besides the part "import your private key into a BCH wallet to use and dump it".

100% Agreed!
I am trying to explain same thing posting 15+ times here. Nobody listens though. the only thing they care is to make so called free MONEY
I will have ZERO sympathy for such people when they start to post their sad stories...
I just do not get it if their stupidity or greed comes first. On a second thought stupidity is the driving factor i guess
It is their own business though
TO ALL OF YOU DO NOT DO IT. THERE IS NO SUCH THING LIKE TUTORIAL OR HOW TO WHICH CAN HELP YOU!

PERIOD

[Jonashe]

I am not even confident in the replay protection of Bitcoin Cash, let alone any singular wallet implementation. I am almost certain that a lot of people will lose money trying to dump BCH.

Can you be more specific about the replay protection please?

[kashish948]

the author of electrum reviewed the code changes and he seems pretty skeptical, IMO it is likely a scam to steal seed for BTC wallets

This one is interesting: https://twitter.com/ElectrumWallet/status/891935330235973633. Thanks for confirming my suspicion.

imo a lot of people going to lose their BTC trying to cash in their bitcoin cash --- we'll be reading the sad stories soon enough, gonna be a bunch

I am not even confident in the replay protection of Bitcoin Cash, let alone any singular wallet implementation. I am almost certain that a lot of people will lose money trying to dump BCH.

They can do what they want with my private key I could even post it here publicly (im not) because I will have already transferred all my BTC to a new wallet before I even consider importing it to any BCC compatible wallet and draining its funds after that the wallet will be dead to me

A super majority of people will not do that before interacting with BCH. Do you really expect the average user to know the best way to proceed? Most of them know nothing besides the part "import your private key into a BCH wallet to use and dump it".

100% Agreed!
I am trying to explain same thing posting 15+ times here. Nobody listens though. the only thing they care is to make so called free MONEY
I will have ZERO sympathy for such people when they start to post their sad stories...
I just do not get it if their stupidity or greed comes first. On a second thought stupidity is the driving factor i guess
It is their own business though
TO ALL OF YOU DO NOT DO IT. THERE IS NO SUCH THING LIKE TUTORIAL OR HOW TO WHICH CAN HELP YOU!

PERIOD

i have my coins on coinomi which is open source and a very old and trusted wallet. they added bitcoin cash as an update and i see my balance there......coinomi should be good right?

[tekmobile]

i have my coins on coinomi which is open source and a very old and trusted wallet. they added bitcoin cash as an update and i see my balance there......coinomi should be good right?

I would still transfer your BTC to a new wallet first

[loshia]

i have my coins on coinomi which is open source and a very old and trusted wallet. they added bitcoin cash as an update and i see my balance there......coinomi should be good right?

I would still transfer your BTC to a new wallet first

1. Did you compiled your wallet from gitHUB source?
2. Dod you checked your GPG sig if downloaded as binary
3. Do you read the source code of your wallet
4. Did you understand every single line of code inside
5. Are you expert on bitcoin protocol
6. 100 + other questions

if there is just ONE ANSWER WHICH IS NO, using an open source wallet does not make it more secure or reliable...
are you following me?
PS: as long as both you and me are not bitcoin core devs we will always have to ANSWER "no" somewhere in the road. And decision is only yours what compromise will you do and which wallet will you trust. But as BARE MINIMUM you should be able to do one of two

1. to compile your wallet from OFFICIAL gitHUB source
2. AWAYS i REPAET ALWAYS check your GPG sig if downloaded as binary

[nizamcc]

A super majority of people will not do that before interacting with BCH. Do you really expect the average user to know the best way to proceed? Most of them know nothing besides the part "import your private key into a BCH wallet to use and dump it".

What if they lose their BTC itself if it's a stealing operation here?
What if they are unable to even load their ^BCH^ anywhere for a possible dump?
For it to get dumped it needs buyers as well, where the hell are those buyers coming from?
I am too much confused about this situation and can't hold on to see what will be the major outcome and which one wins to be the one and only bitcoin, the original De Facto one as OP said. Not knowing too much but just like everyone else here, I would never want Bitcoin to split and even if it does I want Bitcoin to remain superior with major support of mining powers.

[kashish948]

i have my coins on coinomi which is open source and a very old and trusted wallet. they added bitcoin cash as an update and i see my balance there......coinomi should be good right?

I would still transfer your BTC to a new wallet first

1. Did you compiled your wallet from gitHUB source?
2. Dod you checked your GPG sig if downloaded as binary
3. Do you read the source code of your wallet
4. Did you understand every single line of code inside
5. Are you expert on bitcoin protocol
6. 100 + other questions

if there is just ONE ANSWER WHICH IS NO, using an open source wallet does not make it more secure or reliable...
are you following me?
PS: as long as both you and me are not bitcoin core devs we will always have to ANSWER "no" somewhere in the road. And decision is only yours what compromise will you do and which wallet will you trust. But as BARE MINIMUM you should be able to do one of two

1. to compile your wallet from OFFICIAL gitHUB source
2. AWAYS i REPAET ALWAYS check your GPG sig if downloaded as binary

true, we just gotta trust to an extent! sucks! what wallet are you using or is it paper wallet?

[loshia]

.....gotta trust to an extent! sucks! what wallet are you using or is it paper wallet?

I am using core compiled from git. But that is me and my level of compromise. Do not take as advice or recommendation. And a sheet of paper containing my keys berried in safe place
The last one can be taken as both advice and recommendation...

[adaseb]

So basically after the fork just send all your BTC to yourself and you should be 100% safe from any future replay protection on both coins correct?

[besteulz888]

good morning, just some short question. Is there anyone allready credited BCC from bittrex? Just have some coins left over there and wanted to look if the split allready is credited, but for me it's not, yet.

Some quick information would be great

[BanzaiBTC]

This has been one of the saddest attempts to fork Bitcoin.. It's not even Bitcoin.. It's an altcoin...
Free 'premine' to dump for every BTC holder!


Waiting for Dash Cash........

[loshia]

So basically after the fork just send all your BTC to yourself and you should be 100% safe from any future replay protection on both coins correct?

Keep doing what you were always doing. Just forget about this shit like it never happened and you will be good. Take no action simple as that.

[adaseb]

Some guy basically took the entire BTC lending  with his 3000 BTC loan demand at 5% (max rate) on Poloniex.

Crazy!

Half a million dollars in interest per day !

[denam]

People are responsible for their own actions in the end. I see lot of people loosing patience and want to jump as soon as possible to redeem BCC using their private keys. This is neither safer not wise move by anyone. let the things calm downed before making some quick bucks. You can loose what you already hold for that which didn't appear yet.

[loshia]

People are responsible for their own actions in the end. I see lot of people loosing patience and want to jump as soon as possible to redeem BCC using their private keys. This is neither safer not wise move by anyone. let the things calm downed before making some quick bucks. You can loose what you already hold for that which didn't appear yet.

100% true but you know what - The brave ones get the reward (or get killed first) not the ones without brains or the fastest ones. Being brave without brain = 100% suicide

[kashish948]

good morning, just some short question. Is there anyone allready credited BCC from bittrex? Just have some coins left over there and wanted to look if the split allready is credited, but for me it's not, yet.

Some quick information would be great

i think they will take a snapshot when this timer hits 0: https://coin.dance/