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Author Topic: Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash'  (Read 1930 times)
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Roccker (OP)
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July 23, 2017, 07:30:46 PM
 #1

Hi there!


Are there any official Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash' or just keeping it for themselves?

I sent a question to bitstamp support Smiley

The Case for Bitcoin:
https://bitcointalk.org/index.php?topic=4882599.msg43979219#msg43979219


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uki
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July 23, 2017, 09:31:15 PM
 #2

Hi there!


Are there any official Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash' or just keeping it for themselves?

I sent a question to bitstamp support Smiley
here you have Bittrex statement:
https://support.bittrex.com/hc/en-us/articles/115000761392
 

this space is intentionally left blank
criptix
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July 23, 2017, 10:52:33 PM
 #3

they have to give users both coins. anything else would be plain theft.

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July 23, 2017, 10:56:11 PM
 #4

they have to give users both coins. anything else would be plain theft.

coinbase are already thieves then.

there's a lot of administration involved so i don't see why anyone's obligated to do it. if people want them then they should be withdrawing. it's clear enough.
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July 23, 2017, 10:58:57 PM
 #5

Hi there!


Are there any official Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash' or just keeping it for themselves?

I sent a question to bitstamp support Smiley
Could you please post here bitsamp response or shortly describe it?
Thanks in advance.
criptix
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July 23, 2017, 11:03:52 PM
 #6

they have to give users both coins. anything else would be plain theft.

coinbase are already thieves then.

there's a lot of administration involved so i don't see why anyone's obligated to do it. if people want them then they should be withdrawing. it's clear enough.

forks and updates are part of the exchange buisness that is why they have the duty to give you both coins.

the only way i could agree to your argument is that the tech guys of the exchange are too stupid to manage the fork and tell their customer in advance that they should withdraw balances.

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July 23, 2017, 11:11:46 PM
 #7

forks and updates are part of the exchange buisness that is why they have the duty to give you both coins.

the only way i could agree to your argument is that the tech guys of the exchange are too stupid to manage the fork and tell their customer in advance that they should withdraw balances.

more like too lazy and potentially unwilling to endorse something they want nothing to do with. and if they tell people in advance then i still don't see what the problem is.
investinator
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July 23, 2017, 11:16:34 PM
 #8

forks and updates are part of the exchange buisness that is why they have the duty to give you both coins.

the only way i could agree to your argument is that the tech guys of the exchange are too stupid to manage the fork and tell their customer in advance that they should withdraw balances.

more like too lazy and potentially unwilling to endorse something they want nothing to do with. and if they tell people in advance then i still don't see what the problem is.

Not everyone will see those announcements and it opens the door to them taking the forked coins from people and selling it themselves.

They should offer an option for people to withdraw their coins even if they don't want to offer trading in said coins.
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July 23, 2017, 11:52:21 PM
 #9

First I think BCC needs to show they even have enough miner support to find any blocks to keep their chain alive. If they can't find blocks their fork will be dead before it even became alive. Exchanges can always decide to honor their customers their BCC coins if its chain survives and there is demand for it. Until then I don't see any reason why exchanges would need to give any attention at all to some phantom coin that doesn't exist and might never come to life.

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July 24, 2017, 02:16:02 AM
 #10

they have to give users both coins. anything else would be plain theft.

It might be true, but there is nothing contractually binding on them to give you altcoins. They could just say that they couldn't be bothered to list BCC and give you credit for them.
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July 24, 2017, 03:53:28 AM
 #11

Hi there!


Are there any official Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash' or just keeping it for themselves?

I sent a question to bitstamp support Smiley
here you have Bittrex statement:
https://support.bittrex.com/hc/en-us/articles/115000761392
 

that has nothing to do with bitcoin cash and their hard fork.
this bittrex support article is explaining their actions regarding BIP91 and the period that SegWit is being activated and blocks not signaling for BIP91 be rejected by miners and orphaned.

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July 24, 2017, 04:08:16 AM
 #12

Look for their statement, if you don't find then ask the support.

I think it is safer to assume they won't give any fork coins, they say at best they will make "all the efforts", but no warranty
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July 24, 2017, 08:23:40 AM
 #13

forks and updates are part of the exchange buisness that is why they have the duty to give you both coins.

the only way i could agree to your argument is that the tech guys of the exchange are too stupid to manage the fork and tell their customer in advance that they should withdraw balances.

more like too lazy and potentially unwilling to endorse something they want nothing to do with. and if they tell people in advance then i still don't see what the problem is.
There are a lot of things that exchanges could do, but don't do.  If people had addresses that would have gained CLAM, then they exchanges could have given them out. They could link wallets to Byteball and give out those too. There are lots of airdrops and now we will have a forked alt coin too.

I think the safest bet for an exchange is to say that they won't give out any of the 'bonus' coins, if you want them, then you have to keep them in your wallet.
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July 24, 2017, 10:50:02 AM
 #14



This was probably not best way ever, but i asked bitstamp support being logged in:

---
are these true:

1. On 1. August this could happen:
Next to bitcoin an altcoin 'bitcoin cash' is generated.

2. Everybody who owns bitcoin then will also own the same amount of 'bitcoin cash'

3. If you have bitcoin lieing on bitstamp, then bitstamp does not give you 'your' 'bitcoin cash coins' but keeps it for themselves

Thanks!
---

And i got:
---
Dear

thank you for your request.

Unfortunately I am unable to advise you on the matter. I kindly ask you to keep an eye out for any official statement from our side on the topic of your inquiry.

Should you have other questions, feel free to ask.

Best regards,
---



So, i guess that is a 'we will keep it'

The Case for Bitcoin:
https://bitcointalk.org/index.php?topic=4882599.msg43979219#msg43979219


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July 24, 2017, 12:11:00 PM
 #15



This was probably not best way ever, but i asked bitstamp support being logged in:

---
are these true:

1. On 1. August this could happen:
Next to bitcoin an altcoin 'bitcoin cash' is generated.

2. Everybody who owns bitcoin then will also own the same amount of 'bitcoin cash'

3. If you have bitcoin lieing on bitstamp, then bitstamp does not give you 'your' 'bitcoin cash coins' but keeps it for themselves

Thanks!
---

And i got:
---
Dear

thank you for your request.

Unfortunately I am unable to advise you on the matter. I kindly ask you to keep an eye out for any official statement from our side on the topic of your inquiry.

Should you have other questions, feel free to ask.

Best regards,
---



So, i guess that is a 'we will keep it'

Well obviously the support guy won't be able to give you an answer. Else he can be sued.  Smiley

Nothing to do now but wait.

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July 24, 2017, 12:21:57 PM
 #16

Hi there!


Are there any official Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash' or just keeping it for themselves?

I sent a question to bitstamp support Smiley

Useful topic. I was also thinking of creating alike thread to stay up to date with the news. I am curious about exchanges and their announcements regarding the split as well.
So far I found out only about Cex.io. https://blog.cex.io/news/important-notice-segregated-witness-possible-chain-split-16390
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July 24, 2017, 12:37:09 PM
 #17

There are a lot of things that exchanges could do, but don't do.  If people had addresses that would have gained CLAM, then they exchanges could have given them out. They could link wallets to Byteball and give out those too. There are lots of airdrops and now we will have a forked alt coin too.

I think the safest bet for an exchange is to say that they won't give out any of the 'bonus' coins, if you want them, then you have to keep them in your wallet.

Yeah, with all the airdrop coins and giveaways I also don't expect exchanges to keep up. Of course it would be nice, but the administrative overhead is non-negligible, especially since every alt gets distributed slightly different and it would be kinda pointless to keep the balance of an alt that you don't want to list anyways. Exchanges are for trading, everything else is just icing on the cake. It's not like keeping your coins in a wallet of your own is prohibitively difficult.

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July 24, 2017, 02:57:49 PM
 #18

Well at the least it is a pain to keep track of airdrops, but if it is announced a decent time ahead like Stellar they should have a calendar of sorts if people want to move coins out and participate for a period of time.

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July 24, 2017, 05:07:48 PM
 #19

There are a lot of things that exchanges could do, but don't do.  If people had addresses that would have gained CLAM, then they exchanges could have given them out. They could link wallets to Byteball and give out those too. There are lots of airdrops and now we will have a forked alt coin too.

I think the safest bet for an exchange is to say that they won't give out any of the 'bonus' coins, if you want them, then you have to keep them in your wallet.

Include sites wallets too. Actually, I'm surprised that more haven't taken the Coinbase stance that won't give any options to users to access alternative coins. I don't know any site or exchange that has ever given out "airdrops", but many have now promised to support alternative coins should the fork(s) happen. I suppose it's the ethical thing to do, not that that has ever come into play.

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July 24, 2017, 05:13:56 PM
 #20

I do understand your feelings but this is not just an airdrop of some altcoin...

In the case cash somehow gets the majority support it would be the new btc (no matter how neglible the chances are in this case).

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.LATTICE - A New Paradigm of Decentralized Finance.

 

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