Aug 1 summary

[jpouza]

I don't know, if someone already has asked this, but if I change my ALTs to BTC now, am I still able to claim BCC or am I late for this?

You can claim only the BCC equivalent to your BTC funds before the fork.

You should have converted your alts to BTC before the fork, now it's useless.

[Klangburg]

I don't know, if someone already has asked this, but if I change my ALTs to BTC now, am I still able to claim BCC or am I late for this?

You can claim only the BCC equivalent to your BTC funds before the fork.

You should have converted your alts to BTC before the fork, now it's useless.

Shame on me that I didn't get this before the fork. It's always better to read the news twice ..
I already thought so, but thanks for clarification.

[BHSMC]

We had to wait for 3 confirmations before august 1st.

I had a transaction yesterday from Gdax to Gemini and I had to wait for 6 confirmations.

Is it only Gemini or all exchanges wait for 6 confirmations?

anyone?

[DannyDash69]

We had to wait for 3 confirmations before august 1st.

I had a transaction yesterday from Gdax to Gemini and I had to wait for 6 confirmations.

Is it only Gemini or all exchanges wait for 6 confirmations?

I just waited on 6 confirmations with KRAKEN as well.

[animalroam]

If I send a BTC transaction, will it automatically be broadcast on the BCC chain (i.e. if I send my Bitcoin on Blockchain.info to another address and then take the private key and put it in a BCC wallet and send it to a BCC address, would that be alright)?

[moneybank4u]

I am trying to clam my free bitcoin cash. My idea is:

Transfer all the bitcoin from wallet A(my blockchain.info wallet) to wallet B(my new web wallet BTC.com). Now my second wallet(which is BTC.com) has an option to recover the Bitcoin cash. I believe I can use this in built tool(https://blog.btc.com/the-ultimate-guide-to-get-your-bitcoin-cash-a0c2c96f334) to recover the BCC and transfer it to my BCC wallet. My private keys on both the wallet A and Wallet B remains untouched. Can I do this? Is that ok? Please guide me.

Can anyone help me with this?

[BHSMC]

We had to wait for 3 confirmations before august 1st.

I had a transaction yesterday from Gdax to Gemini and I had to wait for 6 confirmations.

Is it only Gemini or all exchanges wait for 6 confirmations?

I just waited on 6 confirmations with KRAKEN as well.

Thank you Danny. It sucks because I got 3 confirmations in 20 minutes but 6 confirmations take about an hour and half.

I hope they will go back to 3 confirmations again.

[JayJuanGee]

Thanks for sharing this hepful information but there something I really don't understand and I would like to know if BCH and BCC are different or they are both the same?
Thank you

If you are serious in your question, they are the same thing in terms of their referring to bitcoin cash.. also known as bcash.

From my understanding, bitcoin cash forkers had recommended that the symbol BCC would be used - however, Bitfinex already had a BCC symbol that they were using for Bitcoin Core (a made up token that represented a bet that they were allowing on their exchange to bet on another possible fork that would have been caused by Bitcoin Unlimited - which was referred to on Bitfinex's platform as BCU.. so BCU versus BCC on Bitfinex).   Bitfinex started referring to Bitcoin Cash as BCH, and some others followed.

Also, there was another Crypto out there using BCC (Bitconnect), so additional confusion and additional rationale to use another ticker symbol.  Accordingly  BCH seems less ambiguous.

So part of the question that you did not ask relates to Bcash.  Some folks have come to the conclusion that it is confusing and misleading to have "Bitcoin" in the reference to bitcoin cash, so many folks also refer to it as bcash.. so to me it seems that bcash and BCH are going to be the least ambiguous or misleading of references, even though we are likely to still see folks referring to bitcoin cash by bitcoin cash and also by BCC.... Can be funny or sad if folks end up investing into the wrong assets because they get confused by these various references.

Edit: I see that KNK, above, already said pretty much the same as I had said.  Initially, I had not seen KNK's post... but o.k. no problem to have a little bit of redundancy, no?

[DannyDash69]

We had to wait for 3 confirmations before august 1st.

I had a transaction yesterday from Gdax to Gemini and I had to wait for 6 confirmations.

Is it only Gemini or all exchanges wait for 6 confirmations?

I just waited on 6 confirmations with KRAKEN as well.

Thank you Danny. It sucks because I got 3 confirmations in 20 minutes but 6 confirmations take about an hour and half.

I hope they will go back to 3 confirmations again.

Yes agree, 3 confirm's would be nice.. my 6 confirm's took 60 min. on Kraken.

[Brigalabdis]

Hopelly we didnt risk about things again so trading will didnt take any risk from so on.

[JayJuanGee]

We had to wait for 3 confirmations before august 1st.

I had a transaction yesterday from Gdax to Gemini and I had to wait for 6 confirmations.

Is it only Gemini or all exchanges wait for 6 confirmations?

I just waited on 6 confirmations with KRAKEN as well.

Thank you Danny. It sucks because I got 3 confirmations in 20 minutes but 6 confirmations take about an hour and half.

I hope they will go back to 3 confirmations again.

Yes agree, 3 confirm's would be nice.. my 6 confirm's took 60 min. on Kraken.

I think that some exchanges changed their number of confirmation policy during this period of uncertainty - and while there seems to be a hardforker attack upon the bitcoin network.  Bitfinex, for example went up to 7 confirmations, but states that they plan to return to lower confirmations in the future.  I cannot remember what their previous requirement was.

Some of the exchanges may return to fewer number of required confirmations when they feel more comfortable that replay attacks are not as likely (as such replay attacks may have seemed to be more likely during the hardforking transitional period).

[BHSMC]

I think that some exchanges changed their number of confirmation policy during this period of uncertainty - and while there seems to be a hardforker attack upon the bitcoin network.  Bitfinex, for example went up to 7 confirmations, but states that they plan to return to lower confirmations in the future.  I cannot remember what their previous requirement was.

Some of the exchanges may return to fewer number of required confirmations when they feel more comfortable that replay attacks are not as likely (as such replay attacks may have seemed to be more likely during the hardforking transitional period).

Jay,

Thank you very much for information.

Guys anyone know how many confirmation does GDAX need?

[xcajun21]

Interesting technical details. Did not know there are orphaned blocks being accepted and every day miners fight to synchronise the blockchain properly... The last part of the paragraph is very detailed.

[-ck]

hitbtc.com only requires 2 confirms on bcash deposits, and has the easiest registration requirements and no limits, with very quick withdrawals. It allowed me to dump a veritable shitload of bcash in a short time before the value dropped to its current value, converting it quickly to btc and I withdrew the btc immediately without a problem.

Additionally I downloaded electron-cash directly from the github repository and audited the code changes they did to the existing electrum wallet and they all appeared safe so that's what I used for the bch transfers.

[Moria843]

I used electron per instructions provided, transferred BCC to HitBTC, sold for BTC, transferred the BTC out, all without any problems.

[Chronos Slayer]

I need help, I had some btc in my bitcoin qt wallet. So i use the dumpprivkey code to get the private key, thn I transfer all coin to electrum wallet. After that I am trying to import the keys on few wallets none of them showing anything.
Now i am trying electron cash wallet but it shows 0 bcc after importing the key. Can anyone tell me what I am doing wrong ?

[zmb]

Thanks for sharing this guide. It's really helpful.

[DannyDash69]

I think that some exchanges changed their number of confirmation policy during this period of uncertainty - and while there seems to be a hardforker attack upon the bitcoin network.  Bitfinex, for example went up to 7 confirmations, but states that they plan to return to lower confirmations in the future.  I cannot remember what their previous requirement was.

Some of the exchanges may return to fewer number of required confirmations when they feel more comfortable that replay attacks are not as likely (as such replay attacks may have seemed to be more likely during the hardforking transitional period).

Jay,

Thank you very much for information.

Guys anyone know how many confirmation does GDAX need?

Thanks Jay.. very well explained.

[moneybank4u]

I am trying to clam my free bitcoin cash. My idea is:

Transfer all the bitcoin from wallet A(my blockchain.info wallet) to wallet B(my new web wallet BTC.com). Now my second wallet(which is BTC.com) has an option to recover the Bitcoin cash. I believe I can use this in built tool(https://blog.btc.com/the-ultimate-guide-to-get-your-bitcoin-cash-a0c2c96f334) to recover the BCC and transfer it to my BCC wallet. My private keys on both the wallet A and Wallet B remains untouched. Can I do this? Is that ok? Please guide me.

Can I go ahead with this? Will it work? anyone?

[blueangel01]

I am trying to clam my free bitcoin cash. My idea is:

Transfer all the bitcoin from wallet A(my blockchain.info wallet) to wallet B(my new web wallet BTC.com). Now my second wallet(which is BTC.com) has an option to recover the Bitcoin cash. I believe I can use this in built tool(https://blog.btc.com/the-ultimate-guide-to-get-your-bitcoin-cash-a0c2c96f334) to recover the BCC and transfer it to my BCC wallet. My private keys on both the wallet A and Wallet B remains untouched. Can I do this? Is that ok? Please guide me.

Can I go ahead with this? Will it work? anyone?

Yes sounds good. I used electron-cash on mine to claim my BCC using the private keys.