With the Hard Fork coming, will anyone who has BTC will Get BCC??

[aso118]

It is too early to worry for BCC. Chain split is not going to happen as softfork alone having solid 87% from miners (and we can keep believing there will not be any drastic chances in last hours too). All we need to do as of now must be, preparing for segwit activation as per theymos' guidelines. In an unfortunate situation, if split happens then we may concern about BCC. I heard it is just a version of viabtc and not by any developer. In this case also it is too early to go for BCC.

BCC now has nothing to do whether segwit gets activated or not.They are forking on August 1 regardless.get your facts straight!

Yeah but from what I have heard only a minority of miners are supporting this fork, so it's not going to be too much of a problem from what I can see.

Indeed. Only the minority supports this but they will push this through. There are some individuals who are eager to have BCC in the market and in fact it is  supported by some chinese investors.
Its quite alarming that btc will have bcc as a shadow of it. I cant imagine that they made this coin and now if you have btc you will have the same amount of bcc therefore bcc is a free coin?

It is a "free" coin, because it is a fork of Bitcoin. Nothing wrong in the market trying out new ideas. The scaling debate has been going on for too long and a fork is a very good way to find out how much support there is for very big blocks.

[1714798311]

1714798311

[magneto]

I have a Question, I have heard that with the Hard Fork coming this 1st of August, if you own BTC you will get also the same amount of BCC, but the question is how will you get the BCC, will your wallet or exchange open another wallet for you and get you there the BCC or how will that work?

For instance if you have your BTC on the wallet blockchain.info, will they get your BCC in the same wallet or in another one? In case you have BTC in a exchange like Kraken or Coinbase, will they also get you your BCC? or how will it work?

I'm pretty sure that blockchain.info won't accept BCC. However you do hold your own private keys on blockchain.info which means if they don't have support for BCC you can always download the official bitcoin cash client and claim your bitcoin cash that way.

Just keep in mind that bitcoin cash is probably going to drop dramatically in value because of the fact that it has no real usage outside of speculative purposes. So you might want to dump it the first opportunity you get.

If you're using coinbase, transfer your coin out IMMEDIATELY. Else you may not be able to claim your BCC when the blockchain snapshot is taken on 1st August.

[freeyourmind]

it differs massively from place to place. you're better off checking your exchange or wallet provider's twitter or blog.

as blockchain.info doesn't have your private keys they're not in charge of your bcc either.

Thanks dude.  Rarely use twitter but a good source of info at times like this.  Just confirmed that Jaxx wallet will support the hard fork.

[Kyraishi]

Theoretically yes, you will get your bitcoin cash just like other altcoin airdrops once the hard fork is activated in 2 days time. However if you have your coins on an exchange or on a web wallet on which you do not have 100% control over your private keys then you could be in danger of being robbed of your bitcoin cash once the fork does get activated. At current prices thats 0.12 BTC per bitcoin you hold just down the drain.

So to avoid this make sure you

- Use a desktop client which you have full control over
- Backup your recovery seed
- Make sure that you don't wait till last minute to send your bitcoins to your wallet from an exchange/web wallet because there could potentially be instability.

If you follow the steps above, you should be good.

[aeternus]

I have a Question, I have heard that with the Hard Fork coming this 1st of August, if you own BTC you will get also the same amount of BCC, but the question is how will you get the BCC, will your wallet or exchange open another wallet for you and get you there the BCC or how will that work?

For instance if you have your BTC on the wallet blockchain.info, will they get your BCC in the same wallet or in another one? In case you have BTC in a exchange like Kraken or Coinbase, will they also get you your BCC? or how will it work?

This is why it has been recommended for some time in the forum that you need to be the one on control of your private keys so you do not need to investigate how a particular exchange is going to deal with all this mess of the hard fork, at this point in time you may be too late.

[batang_bitcoin]

For instance if you have your BTC on the wallet blockchain.info, will they get your BCC in the same wallet or in another one?

No, you don't have control to your private keys there and there's no statement that blockchain.info will support BCC.

In case you have BTC in a exchange like Kraken or Coinbase, will they also get you your BCC? or how will it work?

Coinbase = no, kraken = yes but it's better to put your bitcoins into a wallet that you hold your private keys.