Aug 1 summary

[keithers]

Thank you for this guide.  I definitely am happy that I moved most of my coins to a spot where I will have access to bitcoin cash, as it seems we were basically given free money (if this blockchain keeps on truckin on)...

I am itching to get some bitcoin cash and just transact a little bit, but I think I am going to wait for the dust to settle a bit and then start splitting and whatnot.  It makes me nervous moving around all the coins and stuff.  I know it shouldn't but doing big transactions still make my heart race sometimes when I'm worried I've pasted the address incorrectly or something like that.

[1715287705]

1715287705

[1715287705]

1715287705

[1715287705]

1715287705

[philipma1957]

It seems like you cant sell them now anyway. Looks like the exchanges are selling their own hoard while blocking deposits.

In an industry that thrives on greed, these kind of practices shouldn't surprise anyone. However, at this point there aren't enough blocks coming through to safely allow user deposits. In this case we should grant exchanges some slack. By the time deposits are allowed, people will end up selling their BCC's at 0.05 BTC (if it doesn't turn out to tank even deeper).

This will create a chance of
Lots of lawsuits coming on this practice.

[jerowacik]

I have used various ways and still can not make a claim against BCH. There is a solution and maybe there is another way that can really attract BCH safely and easily?

[JayJuanGee]

Label me as NUTs, or a friken skeptic; but for some reason I find none of those Bcash wallets as quasi-trustworthy, except for Trezor and Ledger.    Yet Trezor proclaims that they have been compromised by some bad  actor, possibly, and no longer providing the Bcash wallets - until some future undetermined date, and Ledger hardware does not seem to be shipping until September 4  - or after that date (a long time in bitcoin landia)

https://www.bitcoincash.org/

I suppose that part of the reason that OP described ways (that I still find confusing) to keep private keys that are used from bitcoin separate from private keys used for the purpose of claiming Bcash.  So it seems like the essence is that even though we transfer merged  coins from an old (legacy) wallet to a newly created wallet, we are only using the private keys of the old wallet to claim the BCash and if some evil player wanted to go back to get our real bitcoin using the old private keys, they would find that wallet empty and our split bitcoin are thereafter residing in a newly created wallet with newly created private keys that have not been exposed to any of the Bcash wallet providers that allowed us to claim our Bcash - - maybe at the same time, we then need to move the Bcash again after claiming them?

I'm going through the scenarios, and I have not split my blockchain.info coins yet and I have thought that I could wait for the ledger nano s to ship - even though it might be too late by then.. I mean Bcash may then be worth a fraction of its current price - sub .05BTC I suspect.

[Biffa]

Label me as NUTs, or a friken skeptic; but for some reason I find none of those Bcash wallets as quasi-trustworthy, except for Trezor and Ledger.    Yet Trezor proclaims that they have been compromised by some bad  actor, possibly, and no longer providing the Bcash wallets - until some future undetermined date, and Ledger hardware does not seem to be shipping until September 4  - or after that date (a long time in bitcoin landia)

https://www.bitcoincash.org/

I suppose that part of the reason that OP described ways (that I still find confusing) to keep private keys that are used from bitcoin separate from private keys used for the purpose of claiming Bcash.  So it seems like the essence is that even though we transfer merged  coins from an old (legacy) wallet to a newly created wallet, we are only using the private keys of the old wallet to claim the BCash and if some evil player wanted to go back to get our real bitcoin using the old private keys, they would find that wallet empty and our split bitcoin are thereafter residing in a newly created wallet with newly created private keys that have not been exposed to any of the Bcash wallet providers that allowed us to claim our Bcash - - maybe at the same time, we then need to move the Bcash again after claiming them?

I'm going through the scenarios, and I have not split my blockchain.info coins yet and I have thought that I could wait for the ledger nano s to ship - even though it might be too late by then.. I mean Bcash may then be worth a fraction of its current price - sub .05BTC I suspect.

Your missing the part that protects your existing BTC. Before you transfer your keys to the new Bcash wallet you empty your BTC to a totally new wallet with new keys. Then it doesn't matter what someone does with your old keys, on the BTC network the coins are no longer in the wallet associated with those keys.

[CONANEDO]

instead create new ELECTRUM wallet,can i transfer my BTC To exchanger?so my computer will have no BTC(my BTC will be in exchanger),and then i install BCC wallet using the same computer to claim MY BCC,can i do this or not?please someone tell me,thank you very much.

[1Referee]

I have used various ways and still can not make a claim against BCH. There is a solution and maybe there is another way that can really attract BCH safely and easily?

In all honesty, there is no real safe way to do it, as all BCC wallet clients are pure trash compared to how Bitcoin clients are. I personally make use of the ElectronCash client for importing my empty BTC private keys, and thus far it seems to do well. Important is that you do not install any of the BCC clients on your main computer. If you have an old laptop, or perhaps a VPS, install it there. Important is that you first make sure you empty your BTC addresses, and wait for at least 3 and preferably 6 confirmations before you import your then empty BTC private key into the BCC client. http://www.electroncash.org/

[Amph]

there are way to dump the privatekey in prune mode?

[flag39]

I came across this article on Financial Times and I would like to have your opinion on the comparison between the traditional banking financial crises and the cryptocurrency crises after the BitcoinCash came to life.
Is there going to be a BitcoinGold or BitcoinSilver or any other fork in the future?

https://www.ft.com/content/9b464912-76ae-11e7-90c0-90a9d1bc9691

[LongAndShort]

So "Satoshi" now has a significant amount of currency on both chains?! Great.


Everyone with currency on btc chain now has increased their networth? Great, not at all like the banking system we currently have.

[Coffee135]

I don't feel at the moment, there are no consequences fork of bitcoin, but that's not it. For any currency that was not a good action. It is in any case will have an impact on both coins. It was necessary to negotiate, but not to share. This is an example of what the bitcoin is not decentralized as people think.

[aesma]

I have used various ways and still can not make a claim against BCH. There is a solution and maybe there is another way that can really attract BCH safely and easily?

There is nothing to claim. Either you control private keys of addresses with BitcoinCash, or you don't.

[Victory33]

Even with as little as 10% value of BTC (currently much more, 20%+), Bitcoin Cash makes the Bitcoin itself stronger, it brings more value.

[aesma]

instead create new ELECTRUM wallet,can i transfer my BTC To exchanger?so my computer will have no BTC(my BTC will be in exchanger),and then i install BCC wallet using the same computer to claim MY BCC,can i do this or not?please someone tell me,thank you very much.

If you trust this exchange, you can do it. You could also use several exchanges to spread the risk.

So "Satoshi" now has a significant amount of currency on both chains?! Great.

Everyone with currency on btc chain now has increased their networth? Great, not at all like the banking system we currently have.

The problem is that Bitcoin is supposed to be valuable for exactly the opposite reason : scarcity. If you can easily make more coins, then everything goes down.

[Lauda]

Label me as NUTs, or a friken skeptic; but for some reason I find none of those Bcash wallets as quasi-trustworthy, except for Trezor and Ledger.    Yet Trezor proclaims that they have been compromised by some bad  actor, possibly, and no longer providing the Bcash wallets - until some future undetermined date, and Ledger hardware does not seem to be shipping until September 4  - or after that date (a long time in bitcoin landia)

No. Your stance is completely healthy and justified. All of their wallets are largely untested, which is one of the reasons for which I haven't even attempted to move BCH.

Everyone with currency on btc chain now has increased their networth? Great, not at all like the banking system we currently have.

You can fork BTC with the existing balances an *infinite* numbers of times. It doesn't mean that those forks would be worth anything. BCH only has value as it can't really be deposited/sold yet.

Even with as little as 10% value of BTC (currently much more, 20%+), Bitcoin Cash makes the Bitcoin itself stronger, it brings more value.

Which is quite untrue. It does not make Bitcoin stronger, nor bring more value. Bitcoin Cash is another type of attack on the network.

[DavidHume]

Good to hear, thank you for the update  

[Bitcoincy]

What do recommend for trading, then?

[Red John]

Is BCH and BCC are different coins? Can I split into both same priv key?

[JayJuanGee]

Label me as NUTs, or a friken skeptic; but for some reason I find none of those Bcash wallets as quasi-trustworthy, except for Trezor and Ledger.    Yet Trezor proclaims that they have been compromised by some bad  actor, possibly, and no longer providing the Bcash wallets - until some future undetermined date, and Ledger hardware does not seem to be shipping until September 4  - or after that date (a long time in bitcoin landia)

No. Your stance is completely healthy and justified. All of their wallets are largely untested, which is one of the reasons for which I haven't even attempted to move BCH.

That is why I said that I though that the ledger and the trezor were perhaps good, but the trezor method had proven to be compromised - leaving only the ledger.

 I had initially ordered a ledger but back ordered until September 4.  I then found another place that I could get the ledger by next week, so I ordered another one, and I should have if by early next week, hopefully.

Maybe there will be some other solutions that are established before next week.  It would be a good business for an exchange to offer such a service, and maybe charge a small coin splitting fee?  They probably would increase their customers

[HostFat]

This can be useful for many of you

How to get Bitcoin Cash from many wallet/software/services with Coinomi
https://bitcointalk.org/index.php?topic=2062488.0