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Author Topic: [UPDATED]: [BREAKING NEWS]: It Is Now 1st August 12:20 UTC  (Read 7231 times)
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August 01, 2017, 09:02:26 AM
 #61

Nothing really happen, bitcoin will go strongly from there, BCC is just a small altcoin style fork, I am pretty happen with it. I dumped at Yobit and I gained some BTCs, good job!

This is insane. Right now the exchange rate in Yobit is 1 BCC = BTC0.1410

This almost 14 times higher than the value which I thought BCC would be listing. The trends will be clear only after approx. 10 hours, when the BCC distribution will actually happen. But if the exchange rates in Yobit are anywhere closer to the actual exchange rates, then expect complete chaos.
The question is how long will this last? I because the amount of sellers is waaaay higher than the amount of buyers. So essentially the price should drop to 10-20$.

And we're finally seeing the expected drop off. From 2890 2 hours ago to just above 2700 now. 3 hours away from the fork, so the last-minute BTC buyers are the only ones left causing this inflation blip. Gonna ping pong for a bit today.

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August 01, 2017, 09:04:54 AM
 #62

No any fork yet, read my signature:

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August 01, 2017, 09:10:33 AM
 #63

Nothing really happen, bitcoin will go strongly from there, BCC is just a small altcoin style fork, I am pretty happen with it. I dumped at Yobit and I gained some BTCs, good job!

This is the impression I'm getting- BCC is just another altcoin (an expensive one, but still...).  Other than Kraken, Bitfinex and Yobit, what other exchanges are offering BCC?  Poloniex still hasn't decided, has it?

Yes, everyone will agree about BCC is just another altcoin and another clone where people are not understanding about it. Many thinking that they are getting free coin but I think in future BCC won't be a much profitable coin.
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August 01, 2017, 12:20:43 PM
 #64

It's time.

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August 01, 2017, 12:23:50 PM
 #65

so? no fork?
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August 01, 2017, 12:24:44 PM
 #66

so? no fork?

Fork as soon as they have a big block.
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August 01, 2017, 12:26:37 PM
 #67

Any ideas how much hashing power they have? Havent seen a large block yet.. its only 10 mins though.

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August 01, 2017, 12:27:54 PM
 #68

Any ideas how much hashing power they have? Havent seen a large block yet.. its only 10 mins though.

It could take an hour for 1st block of their shitcoin.

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August 01, 2017, 12:34:47 PM
 #69

We're talking about variance.  Earlier today, ViaBTC actually found two blocks in a row (https://blockchain.info/block-height/478525 and https://blockchain.info/block-height/478526) at around 6:54, but then they didn't find another one until 9:29 (https://blockchain.info/block-height/478541), so it's just a matter of chance precisely when the fork will occur.  There's no set time for it.

//EDIT:  While I was typing, they just found another one, but that's still signalling SegWit, so not sure what they're doing.  (https://blockchain.info/block-height/478552)

//DOUBLE EDIT:  I suppose the mempool isn't particularly full right now.  Maybe they need a few more tx to include before they can fork.

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August 01, 2017, 12:45:00 PM
 #70

It's time they forked off with their shitcoin.
Not yet. Well it's not mentioned that the fork will happen exactly at 12.20 UTC, it can happen anywhere after 12.20 pm. Well at least BP148 was activated without no issues today, hoping for this fork to also take place without any problems. 
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August 01, 2017, 12:46:44 PM
 #71

Lets hope that no one mines a large block for several days. That will be the end of it then. Untested and quickly written bunch of code is a bad idea anyway.

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August 01, 2017, 12:55:35 PM
 #72

//DOUBLE EDIT:  I suppose the mempool isn't particularly full right now.  Maybe they need a few more tx to include before they can fork.

the mempool that you see is bitcoin mempool not BCC mempool. the transactions that you see in bitcoin mempool are now invalid on BCC chain so they can not mine them.
that is why i made this topic and asked the question: https://bitcointalk.org/index.php?topic=2058548.0
they need BCC transactions which are different with a different signature which is also invalid on bitcoin chain!

now the question is who will make BCC transaction right away!!!

--signature space for rent; sent PM--
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August 01, 2017, 12:57:18 PM
 #73


Bitcoin crypto market dominance 48.8% Bitcoin ready to skyrocket as it is freed from moochers who have held back the blockchain for so many years.

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August 01, 2017, 12:58:00 PM
 #74

//DOUBLE EDIT:  I suppose the mempool isn't particularly full right now.  Maybe they need a few more tx to include before they can fork.

the mempool that you see is bitcoin mempool not BCC mempool. the transactions that you see in bitcoin mempool are now invalid on BCC chain so they can not mine them.
that is why i made this topic and asked the question: https://bitcointalk.org/index.php?topic=2058548.0
they need BCC transactions which are different with a different signature which is also invalid on bitcoin chain!

now the question is who will make BCC transaction right away!!!

I think this is right, as they claim to have replay protection ... so a BTC tx wont be valid there (not sure about vice versa).
Does the reverse also hold?

EDIT: Also, it could be that some miners are collecting BCC blocks and will push them out all at once (the "selfish miner" attack).

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August 01, 2017, 12:59:51 PM
 #75

Bitcoin cash live stream REAL countdown:
https://www.youtube.com/watch?v=o6QJxMWngn4
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August 01, 2017, 01:08:22 PM
 #76

This is cool and all but you know nothing is going to happen right? And if by some miracle something relevant actually does happen it will just be reversed in a couple days..... people love hype these days
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August 01, 2017, 01:14:54 PM
 #77

I guess it is on now!
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August 01, 2017, 01:19:54 PM
 #78

Best practices to be safe after the fork. Hopefully this will help some people still unclear on how to do things.

1-    Wait until after the fork when a few BCC blocks have been mined. There is no hurry, you can wait a day, a week, etc. Copy the BTC private key where you have your BTC funds.

2-    Move all your bitcoin BTC to a new wallet with a new private key. BCC has replay protection, so you will be able
to move your BTC without moving your BCC.

3-    Wait until your Bitcoin BTC is confirmed in the new wallet. Be sure to complete steps 1-3 before moving to step 4.

4-    Install a Bitcoin Cash (BCC) wallet and enter the private keys of the original wallet (the wallet you just moved
your Bitcoin BTC out of). To be maximally safe, the BCC wallet should be installed on a different machine than the one
that has your new Bitcoin BTC wallet on it. You can find a list of BCC wallets on the Bitcoin Cash website.

5-    This step isn’t necessary, but as a final step you may want to move your BCC to a new BCC wallet with a new private key, just to help ensure you don’t mistake your BCC wallet address for the BTC address it used to be.

¯\_(ツ)_/¯

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August 01, 2017, 01:22:16 PM
 #79

Final block mined!! time to wait for BCC blocks now...
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August 01, 2017, 01:49:17 PM
 #80

Bitcoin ABC  Grin
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