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Author Topic: Aug 1 summary  (Read 96452 times)
mynhpark
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August 17, 2017, 01:44:17 AM
 #721

Good to hear, thank you for the update Cool

Thanks for the update



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RoomBot
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August 17, 2017, 04:34:29 AM
 #722


BCC seems like a scam when I have photos showing Bitcoin Classic and Bitcoin ABC using the BTC blockchain.
Trying to save people from selling off their "BCC" when they are actually selling BTC for 10% value!

Currently (and in about the past week or so) mostly about 7%, no?  Are you possibly able to get 10% somewhere, clown (I mean that is if you can get over your other seemingly misguided assertions that BCH is fake[news]? (that's what you get when you buy into politician talking points without doing your own thinking based on actual facts and more logically likely conclusions)

I have provided photos of Bitcoin ABC and Bitcoin Classic displaying BTC (not BCC, not BCH) transactions.
BCC is not BCH.  Nobody said anything about BCH.
Your fake news has nothing to do with this.
Here is the photo again,


Quote
Thank you Malykii.
When they start telling you that you are stupid, and start throwing in "cross burning" and "fake news" comments, you'll understand my approach with these charming children.

OK which one of you is the REAL Donald Trump?
harimauagam
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August 17, 2017, 05:16:30 AM
 #723

I have many thanks for having explained about this. I am now following another thread and now waiting for your permission.
malykii
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August 17, 2017, 06:19:06 AM
 #724

I'm not affiliated with the clown person in any way, and I don't have any desire to discuss Trump. I'm just saying I'm also experiencing the same thing where the cash coins are following the BTC coins when I move them. I'm just having a tough time separating them. I'm not trying to get caught up with all the drama he's mentioning. I tried to move them too many times now, and I have both coins stuck in unconfirmed status, and wanted to just mention that this is something that is an actual issue, and wanted to try and convey that in a better method than him / her. That's all.
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August 17, 2017, 06:37:00 AM
 #725

That's partly why we've been warning people to exit hosted wallets. Some others might still credit you your BCH later.
 I will observe hw BCC will behave in the market and consider it as one of my alts if it has a good performance ( in features and prices ). Thank you.

ความรัก ความสัมพันธ์ sex
MostHigh
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August 17, 2017, 09:09:23 AM
 #726

July was pretty much the trauma face of bitcoin and i really felt like it was going to crush but i took by time, read some posts and even attended some forums and right there i knew everything was going to be alright and it did. We panick because we dont read.
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August 17, 2017, 09:24:54 AM
 #727

100% with you now. Thanks for clarifying!
You're welcome.

I have provided photos of Bitcoin ABC and Bitcoin Classic displaying BTC (not BCC, not BCH) transactions.
Again, anecdotal evidence. This seems to be an issue on your end. If it was a widespread issue, then almost nobody would be able to spend their BCH. However, almost everyone that attempted to do this has succeeded in doing so.

BCC is not BCH.  Nobody said anything about BCH.
BCC is not Bitcoin Cash. BCC is a taken ticker that they've attempted to steal. The real ticket for BitcoinCash, aka Bcash is BCH.

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bitjoin
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August 17, 2017, 09:28:26 AM
 #728

Just so I understand this right... Would this procedure sound ok:

1) send my BTC from my core wallet v0.14.2 to Bittrex
Don't send to an exchange. Create a new wallet and transfer to it.


Why dont send to exchange? do you consder there is a risk of sending you BCH by accident with core wallet? or you just making a general warning against putting any BTC in exchanges?

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August 17, 2017, 09:33:59 AM
 #729

Why dont send to exchange?
Any funds that you have on an exchange are not your coins. They are IOUs.

do you consder there is a risk of sending you BCH by accident with core wallet?
It is not possible to send BCH using Bitcoin Core.

or you just making a general warning against putting any BTC in exchanges?
Correct. Maybe you just hope to get Goxxed and Cryptsied.

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DugOutDad
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August 17, 2017, 11:55:32 PM
 #730

I'm not a fan of ClownSpiders approach, but I'm also experiencing the same thing with Bitcoin Classic. It seems like every time I try to move my BTC to a new wallet the BCH follows it, and I can't seem to separate the two. I'm now stuck with transactions with no confirmations and two empty wallets. I'm hoping things cancel out and I'll try moving the BCH first instead of the BTC to see what happens.

To be clear, I used Bitcoin Core for my wallet, and loaded that wallet into Bitcoin Classic after moving my Core wallet funds to a new wallet, and the Core fund changes appeared in the Classic wallet transactions. I now have a mess on my hands, and am hoping things clear up, but what he is saying is actually happening.

Thank you Malykii.
When they start telling you that you are stupid, and start throwing in "cross burning" and "fake news" comments, you'll understand my approach with these charming children.
Out of curiosity, do your Bitcoin and Bitcoin Cash clients point to the SAME data folder, because they shouldn't.

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August 18, 2017, 02:37:11 AM
 #731

I'm not a fan of ClownSpiders approach, but I'm also experiencing the same thing with Bitcoin Classic. It seems like every time I try to move my BTC to a new wallet the BCH follows it, and I can't seem to separate the two. I'm now stuck with transactions with no confirmations and two empty wallets. I'm hoping things cancel out and I'll try moving the BCH first instead of the BTC to see what happens.

To be clear, I used Bitcoin Core for my wallet, and loaded that wallet into Bitcoin Classic after moving my Core wallet funds to a new wallet, and the Core fund changes appeared in the Classic wallet transactions. I now have a mess on my hands, and am hoping things clear up, but what he is saying is actually happening.

Thank you Malykii.
When they start telling you that you are stupid, and start throwing in "cross burning" and "fake news" comments, you'll understand my approach with these charming children.
Out of curiosity, do your Bitcoin and Bitcoin Cash clients point to the SAME data folder, because they shouldn't.

Which part is the data folder, the chain folder or the folder named Bitcoin? I have two Bitcoin folders, one for each wallet, and one chain folder. Is that my problem? I didn't expect to have to download two separate chains.
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August 18, 2017, 07:21:34 AM
 #732

or you just making a general warning against putting any BTC in exchanges?
Correct. Maybe you just hope to get Goxxed and Cryptsied.

And Bitfloored...

Saying that you don't trust someone because of their behavior is completely valid.
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August 18, 2017, 08:47:04 AM
 #733

or you just making a general warning against putting any BTC in exchanges?
Correct. Maybe you just hope to get Goxxed and Cryptsied.

And Bitfloored...

Don't forget BTC-Eded   Angry
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August 18, 2017, 10:07:19 AM
 #734

or you just making a general warning against putting any BTC in exchanges?
Correct. Maybe you just hope to get Goxxed and Cryptsied.

And Bitfloored...

Don't forget BTC-Eded   Angry

or BCH'd,

bitecoin cash's acro says it all i reckon

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August 18, 2017, 12:53:37 PM
 #735

"There's a small chance that this split could still happen sometime between now and around Aug 10, but it looks very unlikely at this point."

It's after August 10, so where do we stand now?
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August 18, 2017, 01:12:18 PM
 #736

"There's a small chance that this split could still happen sometime between now and around Aug 10, but it looks very unlikely at this point."

It's after August 10, so where do we stand now?

You quoted this from where exactly? the split already happened and I don't see anything else happening until November where its very likely to see another chain split, lets call it BitcoinCash 2.0

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HardFireMiner
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August 18, 2017, 01:13:49 PM
 #737

"There's a small chance that this split could still happen sometime between now and around Aug 10, but it looks very unlikely at this point."

It's after August 10, so where do we stand now?

You quoted this from where exactly? the split already happened and I don't see anything else happening until November where its very likely to see another chain split, lets call it BitcoinCash 2.0

Or maybe that one will be the real bitcoin?

Who knows? Smiley

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August 18, 2017, 01:32:05 PM
 #738

"There's a small chance that this split could still happen sometime between now and around Aug 10, but it looks very unlikely at this point."

It's after August 10, so where do we stand now?

You quoted this from where exactly? the split already happened and I don't see anything else happening until November where its very likely to see another chain split, lets call it BitcoinCash 2.0

From the very first post in this thread. 

Bitcoin cash 2.0?  Jesus, why?  Do you have a link that explains what's going on with that?
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August 18, 2017, 02:55:29 PM
 #739

Executive summary

Bitcoin is working fine and you can use it as you were before, possibly with slightly more reorg risk for a while.

The BIP91/BIP148 split didn't occur

As had been expected for the last week or so, the big potential split which caused all of the Aug 1 hubbub didn't happen, due to BIP91/BIP148 succeeding. There's a small chance that this split could still happen sometime between now and around Aug 10, but it looks very unlikely at this point.

Bcash split, creating an altcoin

If you had some number of BTC as of approximately 14:00 UTC, and if these bitcoins were secured by private keys controlled by you or in a Bcash-supporting online wallet, it is now possible for you to claim the same number of Bcash coins (BCH/BCC). Bcash is an altcoin based on Bitcoin; since it split, it is now 100% independent from Bitcoin other than the carried-over balances.

Bcash claims to have replay protection, but this is only a Bcash miner policy. Any Bcash miner could still replay transactions. Therefore, you can't safely rely on it.

Instructions for safely splitting your BCH from your BTC

Here are general split instructions. If your wallet software gives different instructions, use those instead.

These are the best instructions I could come up with quickly. Maybe someone will eventually come up with a more convenient way of doing it. Note that while I believe these instructions to be safe and reasonable, you are solely responsible for your safety here.

 1. Decide whether you want to bother splitting your coins at all. Is it actually worthwhile to remove your coins from cold storage (or whatever)? If you take no particular action and continue using Bitcoin as normal, then your BCH is likely (but not guaranteed) to remain associated with the current private keys due to BCH's pseudo-replay-protection; you could therefore maybe claim your BCH later on if you want. If you want to claim your BCH now, continue to the next steps.
 2. Create a totally new logical wallet with a new mnemonic, etc. Just creating new addresses is not sufficient: the new wallet needs to be completely separate from the old one. The new wallet's private keys should be under your personal control just in case your transaction is replayed or something else goes wrong. Make sure you have backups of the new wallet.
 3. Send all of the BTC in your old wallet to your new wallet, and wait until this transaction has 30 confirmations. (If you are really itching to get your BCH, it would not be totally crazy to wait for as few as 3 confirmations, but there is some risk with that.) Note that sending all of your BTC in a single transaction is likely to be harmful to your privacy; if you care about this, you might want to send it in several smaller transactions to several different addresses on the new wallet.
 4. On a separate computer that you wouldn't too much mind being compromised, install a BCash wallet such as one of the ones listed on bitcoincash.org. (Warning: some Bcash wallets are known to overwrite important files belonging to their Bitcoin counterparts.) Or use a Web-based exchange/wallet supporting Bcash. Import the private keys from your old, now-empty Bitcoin wallet into this Bcash wallet. Now you have BCH which you can handle as you wish. Note that BCH transactions may be very slow to confirm for a couple of days.

Continuing risks

Although I am giving a general "all clear" at this point because the risk of serious issues has dropped substantially, some turbulence is still possible due to BIP91/BIP148 and the rollout of SegWit:

 - If you are using a full-node wallet (eg. Bitcoin Core), you should require 30 confirmations for high-value, untrusted incoming transactions until SegWit locks in around Aug 10. Although seemingly quite unlikely at this point, it is possible that miners could fail to enforce BIP91/BIP148, which could cause very long reorgs (ie. confirmations could disappear, allowing double-spending). This seems unlikely enough that I probably wouldn't require extra confirmations for "normal" transactions, but if you absolutely cannot tolerate any particular transaction being reversed, then waiting for 30 confirmations would be most prudent.
 - If you are using a lightweight wallet, you should require 30 confirmations for all untrusted incoming transactions until SegWit locks in around Aug 10, and again for a couple of weeks after SegWit finally activates around Aug 24. Long reorgs or even persistent splits are possible if miners fail to properly enforce the rules of BIP91, BIP148, or SegWit, and lightweight wallets are particularly poor at handling such things because they will blindly accept invalid, probably-soon-to-be-orphaned blocks.
 - I don't recommend putting much BTC on hosted wallets / exchanges generally. Exactly how the above risks would be translated to these services will vary depending on how each service handles deposits, reorgs, and double-spends.


Wooow amazing BCH ALWAYS UP  and bch very fast too get investor i think bch is next btc because  this very promising to get profit next year i believe bch wiill always up like btc and this will be best cryptocurency after btc!
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August 18, 2017, 04:53:33 PM
 #740

Say, do I really have to sync the entire blockchain when installing the BCH wallet? That's pretty damn massive... -.-
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