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

[ebliever]

Cross-Posting here from my original on Reddit /btc sub, to get this going 'viral' ASAP...!

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Why not "BC" Ticker Symbol, for Bitcoin Cash ? ?
submitted 15 minutes ago by KeyJockey

Hey since two-letter symbols are allowed (see "SC" for SiaCoin) why not use simply "BC" for "Bitcoin Cash" instead of BCC (since it's conflicting with BitConnect)

This is SHORT, SIMPLE and DIRECT just like Bitcoin Cash's simple and direct approach to the scaling debate (just raise block size rather than changing and complicating everything via segwit etc).

At first, BC can stand for "B"itcoin "C"ash, for now... but then when it becomes dominant it'll just stand for simply "B"it"C"oin again

Yeah, I know it's a pain in the ass to change things once people have already started using "BCC"... BUT it will be a lot HARDER to change this once the coin actually launches and exists. This whole Bitcoin Cash thing is happening so fast, mistakes are bound to be made and I think "BCC" was a mistake.

The community can FIX this if this idea goes viral, FAST...!! Gentlemen! Fire Up Your Mouses and Click! Click! Click! to get this going ! !

P.S. I searched around on coinmarketcap and coincap, google, etc and did not find any other crypto using "BC" yet... if anyone knows otherwise please post but it DOES appear to be unused ! !

Apparently you never heard of Blackcoin.

EDIT: I see that it goes by BLK now. It used to be BC.

[crypto4jan]

BC was BlackCoin but I think it is a good choice to use it for Bitcoin Cash.

[coin_1122]

At the end let us imagine that you are correct and spending BCC will not affect your BTC balance. What is the feature of the coin when everybody will dump their free BCC IMMEDIATELY to get a buck ? Do not tell me that someone will hold that is not the case and you know it

How can they convert from BTC to BCC. I am really very confused about understanding because those who Bitcoin they will allocate BCC to them or not. We need to clear about these things.

[XCNP]

At the end let us imagine that you are correct and spending BCC will not affect your BTC balance. What is the feature of the coin when everybody will dump their free BCC IMMEDIATELY to get a buck ? Do not tell me that someone will hold that is not the case and you know it

How can they convert from BTC to BCC. I am really very confused about understanding because those who Bitcoin they will allocate BCC to them or not. We need to clear about these things.

Nothing to be confused here in this case. It is simple if you hold Bitcoins with access of Private Keys then you are going to receive free coins which are named BCC. It will be tip for taking all this stress to cash out them. Real Bitcoin will become much more stronger and will go to the moon after the ending of this episode.

[GaleRecoN]

At the end let us imagine that you are correct and spending BCC will not affect your BTC balance. What is the feature of the coin when everybody will dump their free BCC IMMEDIATELY to get a buck ? Do not tell me that someone will hold that is not the case and you know it

How can they convert from BTC to BCC. I am really very confused about understanding because those who Bitcoin they will allocate BCC to them or not. We need to clear about these things.

Multiple posts are posted on how to do this. Also keep in mind that in order for dumps to happen, there must be buyers. I doubt there will be 1 person buying everything.

[Kwelstr]

At the end let us imagine that you are correct and spending BCC will not affect your BTC balance. What is the feature of the coin when everybody will dump their free BCC IMMEDIATELY to get a buck ? Do not tell me that someone will hold that is not the case and you know it

How can they convert from BTC to BCC. I am really very confused about understanding because those who Bitcoin they will allocate BCC to them or not. We need to clear about these things.

First you make sure your wallet gives you the private keys to your bitcoin addresses. After the split, with the private key, you import into a BCC wallet and you will see the BCC coins there. They both share the same blockchain history up to the fork, so if you had 1 BTC now you will have 1 BTC in your BTC wallet and 1 BCC in your BCC wallet.

If that is too complicated, then find an exchange that will give you both coins. Transfer your bitcoins to that exchange and wait until after the fork is settled and you should have a credit for both coins.

As an example of exchanges, read this:
Kraken and South Korea's Bithumb will list BCC http://www.trustnodes.com/2017/07/25/kraken-south-koreas-bithumb-will-list-bitcoin-cash

In my case I don't feel I can completely trust exchanges, so I'll do it with my own wallets.

[Xandan]

BCC = BCU
40% is now BCU if I read it correct:
https://qz.com/937312/bitcoin-btc-is-tearing-itself-apart-again-and-its-price-is-yo-yoing/

There was BTU once.
Are they gonna make a fork when they get bored?

How many forks in total of these greedy ones?

1. BTU https://coinmarketcap.com/currencies/bitcoin-unlimited/#markets
2. BCC https://coinmarketcap.com/currencies/bitcoin-cash/
3. Bcc? https://coinmarketcap.com/currencies/bitconnect/

GT

I would like say this that is nothing more than just stupidity but nobody can challenge the Bitcoin at this point when it got out of control from these out of mind persons.

[atago]

So if the chain split is yet to happen on Agust 1st and i get my BCC only then, which BCC are being bought and sold on VIABTC?

[Joohansson]

Just posted by Electrum https://electrum.org/bcc.txt


How to redeem my BCC?
---------------------

BCC wallets will require you to import your seed or your private keys,
which can be exported from Electrum. Doing so will expose all your
Bitcoin funds associated with that seed to the BCC wallet you decide
to use.

Therefore, *after* the BCC fork, but *before* you enter a seed or
private key in a BCC wallet, you should move all your funds to a new
Electrum wallet, with a new seed. You will still be able to use the
old seed or private key with BCC, because BCC has replay
protection. Wait until your funds are confirmed in your new Bitcoin
wallet, before you enter the old private key in a BCC wallet. This
will protect your BTC funds from rogue/untrusted software.

The same could be done with any wallet where you have the private key, right? Don't need to be electrum?

[Joohansson]

At the end let us imagine that you are correct and spending BCC will not affect your BTC balance. What is the feature of the coin when everybody will dump their free BCC IMMEDIATELY to get a buck ? Do not tell me that someone will hold that is not the case and you know it

How can they convert from BTC to BCC. I am really very confused about understanding because those who Bitcoin they will allocate BCC to them or not. We need to clear about these things.

First you make sure your wallet gives you the private keys to your bitcoin addresses. After the split, with the private key, you import into a BCC wallet and you will see the BCC coins there. They both share the same blockchain history up to the fork, so if you had 1 BTC now you will have 1 BTC in your BTC wallet and 1 BCC in your BCC wallet.

If that is too complicated, then find an exchange that will give you both coins. Transfer your bitcoins to that exchange and wait until after the fork is settled and you should have a credit for both coins.

As an example of exchanges, read this:
Kraken and South Korea's Bithumb will list BCC http://www.trustnodes.com/2017/07/25/kraken-south-koreas-bithumb-will-list-bitcoin-cash

In my case I don't feel I can completely trust exchanges, so I'll do it with my own wallets.

Interesting news about Kraken. Just moved my coins out of there just in case.

[The One]

Cross-Posting here from my original on Reddit /btc sub, to get this going 'viral' ASAP...!

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Why not "BC" Ticker Symbol, for Bitcoin Cash ? ?
submitted 15 minutes ago by KeyJockey

Hey since two-letter symbols are allowed (see "SC" for SiaCoin) why not use simply "BC" for "Bitcoin Cash" instead of BCC (since it's conflicting with BitConnect)

This is SHORT, SIMPLE and DIRECT just like Bitcoin Cash's simple and direct approach to the scaling debate (just raise block size rather than changing and complicating everything via segwit etc).

At first, BC can stand for "B"itcoin "C"ash, for now... but then when it becomes dominant it'll just stand for simply "B"it"C"oin again

Yeah, I know it's a pain in the ass to change things once people have already started using "BCC"... BUT it will be a lot HARDER to change this once the coin actually launches and exists. This whole Bitcoin Cash thing is happening so fast, mistakes are bound to be made and I think "BCC" was a mistake.

The community can FIX this if this idea goes viral, FAST...!! Gentlemen! Fire Up Your Mouses and Click! Click! Click! to get this going ! !

P.S. I searched around on coinmarketcap and coincap, google, etc and did not find any other crypto using "BC" yet... if anyone knows otherwise please post but it DOES appear to be unused ! !

BTSN - Bitcoin Satoshi Nakamoto or BCSN or BSN.

[vrathamon]

I agree.  This coin is closer to Satoshi's original vision than "Proof by Authority"/segwit.

Cross-Posting here from my original on Reddit /btc sub, to get this going 'viral' ASAP...!

-----

Why not "BC" Ticker Symbol, for Bitcoin Cash ? ?
submitted 15 minutes ago by KeyJockey

Hey since two-letter symbols are allowed (see "SC" for SiaCoin) why not use simply "BC" for "Bitcoin Cash" instead of BCC (since it's conflicting with BitConnect)

This is SHORT, SIMPLE and DIRECT just like Bitcoin Cash's simple and direct approach to the scaling debate (just raise block size rather than changing and complicating everything via segwit etc).

At first, BC can stand for "B"itcoin "C"ash, for now... but then when it becomes dominant it'll just stand for simply "B"it"C"oin again

Yeah, I know it's a pain in the ass to change things once people have already started using "BCC"... BUT it will be a lot HARDER to change this once the coin actually launches and exists. This whole Bitcoin Cash thing is happening so fast, mistakes are bound to be made and I think "BCC" was a mistake.

The community can FIX this if this idea goes viral, FAST...!! Gentlemen! Fire Up Your Mouses and Click! Click! Click! to get this going ! !

P.S. I searched around on coinmarketcap and coincap, google, etc and did not find any other crypto using "BC" yet... if anyone knows otherwise please post but it DOES appear to be unused ! !

BTSN - Bitcoin Satoshi Nakamoto or BCSN or BSN.

[Johnny00]

So it's 100% altcoin creation. How can it be Satoshi original idea when his original idea still going strong?

[BuyBitcoinTR]

So it's 100% altcoin creation. How can it be Satoshi original idea when his original idea still going strong?

This is a new ALTCOIN.
Like BTU ..
New coins to be dumped

[Lalaland122]

Does anyone knows about which wallet will give you BCC for 100%?

[eindbaasje]

I wonder if this bitcoin cash is going to be shaky, because it's only inside the great Chinese firewall.
How is it going to get out if only Chinese exchanges have the ability to download a blockchain.

You'd better wait for other bitcoin forks to conclude if it's really a competitor to bitcoin.

[BuyBitcoinTR]

July 24, 2017
OUR PLANS TO HANDLE POTENTIAL BTC NETWORK DISRUPTIONS

There are a number of proposals for technical changes to Bitcoin that may take effect in the coming weeks, so we are taking this opportunity to communicate our plans for managing any resulting network disruption. We take no position on the desirability of any particular proposal nor do we have a stake in any outcome. Our primary concern is protecting our users and their tokens.

As we have done in the past when faced with similar circumstances (1), any decision we make will be with the security of users' tokens in mind. We will be disabling deposits and withdrawals of Bitcoin (and all BTC related tokens) any time we deem necessary to ensure that all tokens stored on Poloniex remain safe. The length of any possible downtime is unknown as this is highly dependent on network stability. Our objective will be to bring the wallet back online and enable deposits and withdrawals as soon as we believe it is safe to do so. Trading will be unaffected during these periods.

At this time, we cannot commit to supporting any specific blockchain that may emerge if there is a blockchain split. Even if two viable blockchains emerge, we may or may not support both and will make such a decision only after we are satisfied that we can safely support either blockchain in an enterprise environment. If we decide to support and make available derivative blockchain tokens after a blockchain split, note that if you have your tokens on loan at the time of a split, we cannot distribute the derivative tokens to you, the lender, as you would not possess them. Such loaned tokens can, and often do, leave the platform. (2)

If you don't want to leave the decision of which Bitcoin tokens to support (or recognize as valid) to a 3rd party, you should not keep your tokens on any 3rd party platform. We encourage you to follow our Twitter and Notices board for updates.

- The Poloniex Team

[vrathamon]

Segwit was not in the original intent of Bitcoin.  The original intent of Bitcoin was to be a peer-to-peer electronic currency.  The original intent did not have to rely on a secondary transaction layer with exchanges and other nodes determining what is and is not a valid/good transaction.  A bigger blocksize will allow more peer-to-peer transactions, without having to rely on centralized nodes; THAT is closer to the original intent of Bitcoin.

Sure, you can argue that a 8MB blocksize will create more centralization in miners, but miners will always go to whatever blockchain that will make them more money.  It is the users, not the miners, that will determine the value of a blockchain.  

So it's 100% altcoin creation. How can it be Satoshi original idea when his original idea still going strong?

[BuyBitcoinTR]

Segwit was not in the original intent of Bitcoin.  The original intent of Bitcoin was to be a peer-to-peer electronic currency.  The original intent did not have to rely on a secondary transaction layer with exchanges and other nodes determining what is and is not a valid/good transaction.  A bigger blocksize will allow more peer-to-peer transactions, without having to rely on centralized nodes; THAT is closer to the original intent of Bitcoin.

Sure, you can argue that a 8MB blocksize will create more centralization in miners, but miners will always go to whatever blockchain that will make them more money.  It is the users, not the miners, that will determine the value of a blockchain.  

So it's 100% altcoin creation. How can it be Satoshi original idea when his original idea still going strong?

We need to disable miners

[The One]

So it's 100% altcoin creation. How can it be Satoshi original idea when his original idea still going strong?

Not altcoin per se. A split from bitcoin core so they can carry on limiting the blocksize, this coin will allow blocksize to increase. Coins are still from Satoshi's original chain and this will continue Satoshi's original whitepaper and Core will continue going against Satoshi's whitepaper and do whatever they please. Technically this should be the original Bitcoin and Core should be the altcoin.