So everyone tells you to take your Bitcoins off the exchange before the fork!!

[russelluk]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

[1715182926]

1715182926

[1715182926]

1715182926

[1715182926]

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[dashingriddler]

I wasn't to sure why they all told their customers to take them off the exchanges in the first place.

I think the majority of the people would of been okay to be without access to their funds for a day and a forth night if they knew they would be able to retrieve even a tenth of what they held in their exchange wallets in an alt coin they can trade 48 hours later.

I know I wouldn't mind being without my bitcoin for a total of three days when the largest exchange released them on their exchange (allowing you to withdraw and deposit to their exchange wallets is what I mean) so to trade for whatever they wish to including bitcoin back.

Alas. I did not hold any on that exchange because I took the advice like many did and took them off their site and put them in a cold storage wallet.

Lesson learned.. I guess.

As per your question.
I have been told to use electron to do this process. Which a wallet offered by the inventor of the electrum wallet.

There is also a command line one I came across but do not know how that one works.
It had a three or four letter name. It does not come to mind at the moment because I wouldn't be able to use it anyways.

[dothebeats]

I think the main reason why people advised to removed their coins into exchanges is because some exchanges don't support BCH ergo the owner of the coins wouldn't receive them. It is nicely indicated in a local exchange that I use. However if you want to be in the action when the trading commenced, you could have transferred your coins to an exchange that supports BCH.

[GreenBits]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

You missed the majority of the shit A few years ago, you couldnt trust your own mom with your keys. The space was worse than what it is now with all the scams and hacks and such, but so MUCH MUCH worse. You will always hear this advice from old heads because its absolutely true; you truly do not own your coins if you do not possess the key to the wallet they are parked in.

With that being said, I had my coins on Bittrex, because I trust them at the moment, and received my coins painlessly to sell at a marvelous profit.

Weigh opportunity cost in all your trading scenarios. We could have told you it would have been chaotic; a lot of people didnt understand the state the network would be in after the fork. Everyone got these coins, this was the airdrop of the century It just had to be bedlam, there was no other possible outcome.

[Iranus]

Bitfinex stole a significant portion of their users' BCH holdings.

Several exchanges didn't bother to deal with BCH at all, namely Coinbase.  Some didn't give a very good warning about it either.

Even if your chosen exchange happens to follow through on their agreement, it doesn't negate the importance of keeping your coins where you control your private keys.  Bitcoin is a trustless system and you should not trust a third party for any longer than is absolutely essential.

[flippener]

Given Poloniex was down for much of yesterday I was very glad I had moved my BTC out to a private wallet.

Of course, now it's up today I naturally wonder if I was worried about nothing. But I'd rather worry too much than lose my BTC.

[russelluk]

Listening to the chatter on the internet now - the BCH network cannot handle the traffic of people trying to cash their BCH from their Trezor device.  Sounds like miners are slowing the network to slow the payouts.

There is no way that anyone is going to get any BCH from their paper wallets. If only I had left my coins on Kraken!

[Minecache]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

Agree but sometimes it's better to be safe than sorry.

[yoseph]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

What would you have done if you hadn't take your bitcoins off the exchanges and something happened which makes you lose all your bitcoins huh. It's always good to be safe than to be sorry, you could have left some of your bitcoins in the exchanges and see what could have happen.

[russelluk]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

What would you have done if you hadn't take your bitcoins off the exchanges and something happened which makes you lose all your bitcoins huh. It's always good to be safe than to be sorry, you could have left some of your bitcoins in the exchanges and see what could have happen.

I never took them off because I was worried about losing them. Like everyone else I wanted the Bitcoin Cash. This backfired now and I am unlikely to get any Bitcoin Cash. Anyway we live and learn.

[makulo123]

Listening to the chatter on the internet now - the BCH network cannot handle the traffic of people trying to cash their BCH from their Trezor device.  Sounds like miners are slowing the network to slow the payouts.

There is no way that anyone is going to get any BCH from their paper wallets. If only I had left my coins on Kraken!

Well, I had left all my BTC on Kraken and got BCH right when the first >1 MB block was mined. The problem was I was so hyped about the split that I was starring on the computer for 3 hours straight and no BCH block was mined, so I quit to PC to make a break and the half hour after I looked on PC and saw that BCH is already trading and the price went all the way from 700 USD to ridiculous 200 USD. I was told that there will be massive dump (which it was) and I sold all of my BCH for the lowest price like a fool.

[LTU_btc]

Some excanges announced about support of Bitcoin Cash very late, when lot of people were already cashed out their bitcoins from exchange. I'm not exeption in this case. I left only $10-20 on several exchange in btc. When bch was credit, I was able to sell it at high price.
Do I regret that I didn't had all my btc on exchange? Definitely no! Because safety of bitcoins for me is in the first place, more important than to get free bch airdrop and risk to keep all btc on exchange.

[dashingriddler]

Given Poloniex was down for much of yesterday I was very glad I had moved my BTC out to a private wallet.

Of course, now it's up today I naturally wonder if I was worried about nothing. But I'd rather worry too much than lose my BTC.

Some excanges announced about support of Bitcoin Cash very late, when lot of people were already cashed out their bitcoins from exchange. I'm not exeption in this case. I left only $10-20 on several exchange in btc. When bch was credit, I was able to sell it at high price.
Do I regret that I didn't had all my btc on exchange? Definitely no! Because safety of bitcoins for me is in the first place, more important than to get free bch airdrop and risk to keep all btc on exchange.

This is the very reason why some people decided to move them off those exchanges because they were aware they wouldn't fulfill their agreement they have with all users who hold their bitcoin on their exchanges.
It is a sad situation to be in, to say the least.

But I did like this post from another who saw it was a good idea to offer a clean way to get those BCH/BCC if you did happen to get them off those exchanges and have control over your own private keys.

Hi.

Everyone has got their Bitcoin Cash airdrop and now they are starting to think about the GBYTE airdrop that is coming in a few days.
Ok, it isn't quite as big a drop as the BCH one, but I personally like the extra GBYTE drops more, they are certainly less controversial!

I wonder how many people will forget to re-link after splitting their coins. At the moment mine aren't linked, I need to do that later so I don't forget.

I think that a lot of Bitcoiner are waiting for a safe and simple solution to split their BTC/BCH (without to withdraw their BTC first) : then, BTC address don't change and they have not to re-link they BTC.

It is safe and simple to register your new bitcoin address with byteball client. I did that yesterday while moving my btc from one Electrum wallet to another in order to prepare it for Bitcoin Cash.

It is all working flawlessly.

Read about the procedure here:
https://steemit.com/bitcoin/@ervin-lemark/preparing-my-local-electrum-wallet-for-bitcoin-cash
https://steemit.com/bitcoin/@ervin-lemark/electron-cash-wallet-synchronised-and-i-have-all-my-bitcoin-cash-bcc-in-it
https://steemit.com/bitcoin/@ervin-lemark/where-to-sell-your-bitcoin-cash-if-you-really-want-to-sell

Good luck!

[Minecache]

This thread is ridiculous and hopefully one day the OP gets burnt for refusing to take real genuine years in the making advice from fellow Bitcoiners. Hindsight is a wonderful thing and for such a noob you have much to learn in the cryptoshere. For every moan and complaint you and others produce for being advised to take control of your own keys and destiny. There will be just as many from MtGox/BitFinex belittling your comments to leaving them on a fuckin exchange. Grow up. You were given the best advice possible - manage your own money.

[btccashacc]

Bitfinex stole a significant portion of their users' BCH holdings.

Several exchanges didn't bother to deal with BCH at all, namely Coinbase.  Some didn't give a very good warning about it either.

Even if your chosen exchange happens to follow through on their agreement, it doesn't negate the importance of keeping your coins where you control your private keys.  Bitcoin is a trustless system and you should not trust a third party for any longer than is absolutely essential.

Well i think this is very clear, the reason why people suggested to take your Bitcoins off the exchange it is only for your safety there is no guarantee that your coins will be safe, some bad things may happen during the hard fork like your bitcoin will be lost, since the wallet choose a wrong chain, so it's better to own your Bitcoin or control the private key during the hard fork. I'm not a technical person who really understand the situation, just followed the instruction cause it's better to be safe than sorry.

[d5000]

If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet.

If more people had their Bitcoin Cash at exchanges like Kraken (where you automatically got funded BCC) then the price would probably never have reached $727. It would be lower than today.

So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets.

Easy: On the paper that works as your wallet you should find your private key. (If it's encrypted, then it's another story: please provide the link to the paper wallet method you used.)

1) Download Electrum and Electron Cash.
2) Install Electrum.
3) Install Electron Cash.
4) Open Electrum. Go to "Wallet -> Private Keys -> Sweep. Enter the private key from your paper wallet. Very shortly after the coins should appear in your wallet.
4b) Recommended: Create a new wallet (File -> New/Restore). Send the coins from your old wallet (it should be called "default_wallet") to an address of the new wallet.
5) Close Electrum.
6) Repeat step 4-5 with Electron Cash. If something does not work as expected, read this.

[Minecache]

If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet.

If more people had their Bitcoin Cash at exchanges like Kraken (where you automatically got funded BCC) then the price would probably never have reached $727. It would be lower than today.

So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets.

Easy: On the wallet you should find your private key. (If it's encrypted, then it's another story: please provide the link to the paper wallet method you used.)

1) Download Electrum and Electron Cash.
2) Install Electrum.
3) Install Electron Cash.
4) Open Electrum. Go to "Wallet -> Private Keys -> Sweep. Enter the private key from your paper wallet. Very shortly after the coins should appear in your wallet.
4b) Recommended: Create a new wallet (File -> New/Restore). Send the coins from your old wallet (it should be called "default_wallet") to an address of the new wallet.
5) Close Electrum.
6) Repeat step 4-5 with Electron Cash. If something does not work as expected, read this.

I would move BTC out of cold wallet first.

[russelluk]

This thread is ridiculous and hopefully one day the OP gets burnt for refusing to take real genuine years in the making advice from fellow Bitcoiners. Hindsight is a wonderful thing and for such a noob you have much to learn in the cryptoshere. For every moan and complaint you and others produce for being advised to take control of your own keys and destiny. There will be just as many from MtGox/BitFinex belittling your comments to leaving them on a fuckin exchange. Grow up. You were given the best advice possible - manage your own money.

Wow! - what a surly old grumpy person! Didn't you have your coffee this morning. Lets see - you have managed to be condescending, insulting and offensive all in one statement. Great job!

[russelluk]

If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet.

If more people had their Bitcoin Cash at exchanges like Kraken (where you automatically got funded BCC) then the price would probably never have reached $727. It would be lower than today.

So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets.

Easy: On the paper that works as your wallet you should find your private key. (If it's encrypted, then it's another story: please provide the link to the paper wallet method you used.)

1) Download Electrum and Electron Cash.
2) Install Electrum.
3) Install Electron Cash.
4) Open Electrum. Go to "Wallet -> Private Keys -> Sweep. Enter the private key from your paper wallet. Very shortly after the coins should appear in your wallet.
4b) Recommended: Create a new wallet (File -> New/Restore). Send the coins from your old wallet (it should be called "default_wallet") to an address of the new wallet.
5) Close Electrum.
6) Repeat step 4-5 with Electron Cash. If something does not work as expected, read this.

Great  many thanks for this - so we should definitely sweep BTC first as this is the most important

[Hatcher]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

Agree but sometimes it's better to be safe than sorry.

This thread is ridiculous and hopefully one day the OP gets burnt for refusing to take real genuine years in the making advice from fellow Bitcoiners. Hindsight is a wonderful thing and for such a noob you have much to learn in the cryptoshere. For every moan and complaint you and others produce for being advised to take control of your own keys and destiny. There will be just as many from MtGox/BitFinex belittling your comments to leaving them on a fuckin exchange. Grow up. You were given the best advice possible - manage your own money.

So you agreed with him then a couple hours later you insult him? What's up with that?

[hilariousetc]

I wasn't to sure why they all told their customers to take them off the exchanges in the first place.

Because that was the safest thing to do. People would have wept like widows had the exchanges not actually give them the Alt coins and the most logical and safest thing to do would be to hold your own coins so you were responsible for them and could ultimately decide what to do with them.

I think the majority of the people would of been okay to be without access to their funds for a day and a forth night

I'm sure many would have been but it's easy to say this in retrospect. Many more would have complained when they wanted to dump them but didn't have access to them.

[olubams]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

Aside from the issue of fork, there is always a generally awareness to keep large of your funds where you can control and its because the exchange sites are mostly subject to attacks which no one know when it will be successful and in the build up to the fork period, it became more important to be more careful to avoid stories that touch. For your BCC, you are sure to get it one way or the other in due time and could even fetch you more eventually.

[russelluk]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

Aside from the issue of fork, there is always a generally awareness to keep large of your funds where you can control and its because the exchange sites are mostly subject to attacks which no one know when it will be successful and in the build up to the fork period, it became more important to be more careful to avoid stories that touch. For your BCC, you are sure to get it one way or the other in due time and could even fetch you more eventually.

Yes it makes sense. We did not really know what was likely to happen. Interesting now is that I notice Coinbase are making a statement that they are going to give people their Bitcoin Cash now.

[krishnapramod]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

1. A hard fork is a big event, it doesn't matter if the fork was initiated by a small majority, what matters is a hard fork creates a lot of uncertainty, instability right before, at, and right after forking and during this time having no control of your coins and just letting exchanges do whatever they want to do with your coins would be the stupidest thing to do. During an uncertainty if you give priority to free coins over control of your bitcoins then I guess some of us are guilty of giving this crappy advice.

2. Like d5000 mentioned, paper wallet to Electrum to Electron Cash (Recommended)

3. You can also get your BCH through Coinomi wallet, https://bitcointalk.org/index.php?topic=2061341.msg20605324#msg20605324

PS: Hard fork or not, keeping a good amount of your coins on exchanges is a bad choice.

[izanagi narukami]

If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet.

If more people had their Bitcoin Cash at exchanges like Kraken (where you automatically got funded BCC) then the price would probably never have reached $727. It would be lower than today.

So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets.

Easy: On the paper that works as your wallet you should find your private key. (If it's encrypted, then it's another story: please provide the link to the paper wallet method you used.)

1) Download Electrum and Electron Cash.
2) Install Electrum.
3) Install Electron Cash.
4) Open Electrum. Go to "Wallet -> Private Keys -> Sweep. Enter the private key from your paper wallet. Very shortly after the coins should appear in your wallet.
4b) Recommended: Create a new wallet (File -> New/Restore). Send the coins from your old wallet (it should be called "default_wallet") to an address of the new wallet.
5) Close Electrum.
6) Repeat step 4-5 with Electron Cash. If something does not work as expected, read this.

Have you tried it at the moment ?
I'm kindda afraid especially new wallet since there still no great feedback yet about that wallet or it may have any bug that able to steal not just bch but bitcoin if I give my private key to it

[russelluk]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

1. A hard fork is a big event, it doesn't matter if the fork was initiated by a small majority, what matters is a hard fork creates a lot of uncertainty, instability right before, at, and right after forking and during this time having no control of your coins and just letting exchanges do whatever they want to do with your coins would be the stupidest thing to do. During an uncertainty if you give priority to free coins over control of your bitcoins then I guess some of us are guilty of giving this crappy advice.

2. Like d5000 mentioned, paper wallet to Electrum to Electron Cash (Recommended)

3. You can also get your BCH through Coinomi wallet, https://bitcointalk.org/index.php?topic=2061341.msg20605324#msg20605324

PS: Hard fork or not, keeping a good amount of your coins on exchanges is a bad choice.

Thanks for the information. You make valid points about the time of the fork and I agree with what you say. I guess the only thing that concerns me sometime is that for some people the idea of holding their own keys can be daunting and I don't think the Bitcoin community as a whole emphasizes some of the risks in managing your own wallets but yes if you have them under control then of course it is preferable to the Exchanges having control.

[russelluk]

Have you tried it at the moment ?
I'm kindda afraid especially new wallet since there still no great feedback yet about that wallet or it may have any bug that able to steal not just bch but bitcoin if I give my private key to it

I am in the process of trying it now and will post my results

[russelluk]

Ok - I have swept the Bitcoin into the Electrum wallet and the Bitcoin was confirmed in less than 15 minutes

I have swept the Bitcoin cash into Electron Cash Wallet and it confirmed in around 60 minutes

I am now in the process of trying to deposit into Bittrex so that I can trade for Bitcoin.

[russelluk]

Ok - got the Bitcoin Cash into my Bittrex wallet - so I suppose there is a bit of free money still left!!

[kokojie]

The advice meant take them off exchange if your exchange doesn't plan to support BCash immediately, such as Coinbase or Poloniex. If your exchange already plan to support BCash immediately, why would you take your BSegwit off exchange?

[Trela]

If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet.

If more people had their Bitcoin Cash at exchanges like Kraken (where you automatically got funded BCC) then the price would probably never have reached $727. It would be lower than today.

So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets.

Easy: On the paper that works as your wallet you should find your private key. (If it's encrypted, then it's another story: please provide the link to the paper wallet method you used.)

1) Download Electrum and Electron Cash.
2) Install Electrum.
3) Install Electron Cash.
4) Open Electrum. Go to "Wallet -> Private Keys -> Sweep. Enter the private key from your paper wallet. Very shortly after the coins should appear in your wallet.
4b) Recommended: Create a new wallet (File -> New/Restore). Send the coins from your old wallet (it should be called "default_wallet") to an address of the new wallet.
5) Close Electrum.
6) Repeat step 4-5 with Electron Cash. If something does not work as expected, read this.

Have you tried it at the moment ?
I'm kindda afraid especially new wallet since there still no great feedback yet about that wallet or it may have any bug that able to steal not just bch but bitcoin if I give my private key to it

I tried after 8 hours active BIP148 in August 1st and not have any problem until today, but I recomend you after import your private key and receive Bitcoin Cash, back to your Bitcoin Wallet and transfer all Bitcoin in address of this private to other address because in future we not know the devs this wallet will try attack your wallet or not. If you do that you will not need worry this issue.

[russelluk]

Since transferring my Bitcoin Cash to Bittrex it has been showing as pending in Bittrex for around 5 hours now. I understand that Bittrex requires 20 confirmations so is there any easy way of seeing how many confirmations have occurred so far?

I am looking at the Blockchair site but it is quite confusing?

Thanks

[Wendigo]

The advice meant take them off exchange if your exchange doesn't plan to support BCash immediately, such as Coinbase or Poloniex. If your exchange already plan to support BCash immediately, why would you take your BSegwit off exchange?

Because the general advice here was to take everything out before the fork regardless of whether exchanges were to add support for BCH or not.

[cpfreeplz]

You're very naive to be bitching about people giving you the best advice you could ever get. If an exchange holds your bitcoins then on August 2nd decides they're going to keep everyone's BCH then you're screwed. That's it. At least you still have them. They were never 'worth' $727 anyways. Don't consider it a loss because most people still haven't figured out where to import their private keys at this point.

[audaciousbeing]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

The last time I checked when the notifications was rampant on the forum, it was just a recommendation or suggestions in which no one forced anyone to oblige to and no one even controls your key. Its meant for you alone and even for you to have gone by that suggestion means you know the risks involved by default because those exchange sites that supported BCC has notify their clients of their intentions to do so even before the fork happened in which you have the choice to have left it there.

[Potato Chips]

You're very naive to be bitching about people giving you the best advice you could ever get. If an exchange holds your bitcoins then on August 2nd decides they're going to keep everyone's BCH then you're screwed. That's it. At least you still have them. They were never 'worth' $727 anyways. Don't consider it a loss because most people still haven't figured out where to import their private keys at this point.

fair point, i'm sure he's just mad and envious of the people who dumped their bch after the fork. these people really. in the first place that advice aims to secure your bitcoin as

we don't know what will happen on august first. this advise is fairly true nothing wrong with that, it served its purpose and that is to secure your bitcoins. now if you want to take

advantage of this to earn profits, you have to take a risk and predict something which is the most possible thing to happen on the given date. one of the risks is what the guy

above me stated. People moved their bitcoins to exchanges because they prioritized their coins safety now if you want to get profits the you don't know what you're doing at least

do a research about what youre about to do. Don't blame others who gave their advices because you had a choice and will always will since its just an advice.

[russelluk]

Hey everyone this was just my feelings at the time. We are finding out more each hour and I believe it is important for everyone to have independent thought on this. There are many different views on why people were asked to move their coins off the exchange just before the fork but whatever the real reason is who cares now? I am in the process of getting my BCH onto Bittrex and it appears to be getting there - however the confirmations are taking forever!!

[izza123]

What stopped you from immediately importing the wallet and retrieving the coins?

[dennyd999]

Guys what to say...You need a little bit brains to grab your free money

The faster you are the more free money you get now - fucking Darvinism in action.


Imagine how fast is Jihan Wo with Roger .I think they see us sleeping.  

 

[cafucafucafu]

I think some people advised to take coins of the exchange since some exchanges might not support bitcoin cash and it would be like the coin base incident where all of the bitcoin cash would be kept by the owner of the site.

Getting a free lunch does require using your brain and why could you just import your bitcoin to a wallet that supported bitcoin cash. For example electrum, which is a free desktop wallet, supports bitcoin cash and you could have easily just transferred your funds over there, claimed your bitcoin cash, and then sell it after the huge pump, when it rose to 700 USD.

[d5000]

Since transferring my Bitcoin Cash to Bittrex it has been showing as pending in Bittrex for around 5 hours now. I understand that Bittrex requires 20 confirmations so is there any easy way of seeing how many confirmations have occurred so far?

I am looking at the Blockchair site but it is quite confusing?

Have you got your coins now on Bittrex?

The Bitcoin Cash blockchain seems to work fine now, although it is still slow, with one block per ~2 hours, according to https://blockchair.com/bitcoin-cash/blocks. If Bittrex requires 20 confirmations then maybe you just will have to wait a bit more. If you still have problems, then you can send me a PM with your transaction ID and I look if it's confirmed. There is another block explorer with a simpler interface here: http://blockdozer.com/insight/

Only a personal opinion: There are a lot of Bitcoiners dumping Bitcoin Cash now. In your place, I would wait - at least with a part of the BCC - until the dump has concluded and the dead cat bounce begins .

[qwertyup23]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

Well in my opinion, I really do think that the fork was just a conspiracy made by investors in order for the price of bitcoins to decrease. Though I do not have any evidences to support my claim, but almost everyone told me that I should sell all of my bitcoins or convert it to fiat. Let's say that most of the people before the fork sold their bitcoins, then the price of bitcoin will decrease, thus making this a perfect opportunity for investors.

[aardvark15]

I think the main reason why people advised to removed their coins into exchanges is because some exchanges don't support BCH ergo the owner of the coins wouldn't receive them. It is nicely indicated in a local exchange that I use. However if you want to be in the action when the trading commenced, you could have transferred your coins to an exchange that supports BCH.

I agree with this because if exchanges don't support BCH, then you may need to move the Bitcoins if you think BCH might be worth something. Basically leaving Bitcoins on some exchanges means you forfeit the BCH. You can only get them if you hold the private keys to your Bitcoins before the fork or if an exchange decides to do the right thing and let you get access to both. That's the problem with a fork like this.

[jualidbitmixer]

I know right!! I sold all my bitcoins before fork happened because i read some shit news about bitcoin fork and i'm afraid the bitcoin price will fall so hard. But yeah, shit way shit move, that makes me lose some money because i don't get bitcoin cash. Lesson learned though, don't trust only from 1 information.

[russelluk]

Since transferring my Bitcoin Cash to Bittrex it has been showing as pending in Bittrex for around 5 hours now. I understand that Bittrex requires 20 confirmations so is there any easy way of seeing how many confirmations have occurred so far?

I am looking at the Blockchair site but it is quite confusing?

Have you got your coins now on Bittrex?

The Bitcoin Cash blockchain seems to work fine now, although it is still slow, with one block per ~2 hours, according to https://blockchair.com/bitcoin-cash/blocks. If Bittrex requires 20 confirmations then maybe you just will have to wait a bit more. If you still have problems, then you can send me a PM with your transaction ID and I look if it's confirmed. There is another block explorer with a simpler interface here: http://blockdozer.com/insight/

Only a personal opinion: There are a lot of Bitcoiners dumping Bitcoin Cash now. In your place, I would wait - at least with a part of the BCC - until the dump has concluded and the dead cat bounce begins .

No still no Bitcoin Cash on Bittrex. It has been around 17 hours now and still showing as pending. I have sent you the Transaction ID

Also I just checked on  http://blockdozer.com/insight/ and I am at 10 confirmations - so should get them confirmed in another 17 hours I guess

[d5000]

Yep, looks like you will have to wait some time. I also see the number of 10 confirmations on all block explorers (blockchair is really confusing, couldn't find the confirmation value there, but you can obviously count the blocks since it got confirmed).

Patience

[nkmt]

I moved my BTC off Coinbase before the fork because Coinbase doesn't support BCH.

[Niya]

Yes, many of us took our coins away from exchanges before July 31. Then exchanges didn't scam and also sent BCH to BTC owners, who could sell them with high profits. So, most of us lose a big possibility to get tons of free money. But I don't think it was too much paranoia towards exchanges; I think it is always better to keep our coins on our own wallets, regardless forks or other similar things. It was just a case everything went fine this time. If exchanges scammed you wouldn't have said the same thing.

[russelluk]

Yes, many of us took our coins away from exchanges before July 31. Then exchanges didn't scam and also sent BCH to BTC owners, who could sell them with high profits. So, most of us lose a big possibility to get tons of free money. But I don't think it was too much paranoia towards exchanges; I think it is always better to keep our coins on our own wallets, regardless forks or other similar things. It was just a case everything went fine this time. If exchanges scammed you wouldn't have said the same thing.

It looks like we are getting our Bitcoin Cash from the paper wallets - it is just going to take a lot of time. I note the distrust for the Exchanges but surely places like Coinbase and Kraken have to be reasonably reliable. They both seem to be big on compliance and reasonably transparent about their audits. I dont work for either of them by the way 

[DIAH PERMATASARI]

All have the same character but there is a good coin difference, so I will not know because the coin price is still the same, it takes several days to know all that.

[Theb]

Is it the crappiest advice really? Well for me it is not as it is your money and you would do anything to protect it, we all know some Bitcoin exchange have a history of running your Cryptocurrency away from you so with this kind of event you must be better safe than sorry as you need to protect your assets. Also I think an advice like that won't hurt you because it won't do any difference while you are doing it.

[cyyap95]

This kind of thread is completely retarded, sorry for being straight.
People who had their Bitcoin stored in Coinbase are now yelling for not issuing their Bitcoin Cash, and planning to sue Coinbase for causing them an opportunity to sell BCH at peak price.

I'd recommend you to learn independence thinking, you can't blame everyone for everything. (Most people do not appreciate the advice that helped them but blame those which didn't.  )

[russelluk]

This kind of thread is completely retarded, sorry for being straight.
People who had their Bitcoin stored in Coinbase are now yelling for not issuing their Bitcoin Cash, and planning to sue Coinbase for causing them an opportunity to sell BCH at peak price.

I'd recommend you to learn independence thinking, you can't blame everyone for everything. (Most people do not appreciate the advice that helped them but blame those which didn't.  )

Not really blaming anyone - the purpose of the thread is to get discussion and thoughts of others - you can have healthy discussion without being condescending

[Netnox]

I know right!! I sold all my bitcoins before fork happened because i read some shit news about bitcoin fork and i'm afraid the bitcoin price will fall so hard. But yeah, shit way shit move, that makes me lose some money because i don't get bitcoin cash. Lesson learned though, don't trust only from 1 information.

You lost quite a bit. Let me do the calculations. Imagine that you had 1 BTC before the split, and you had sold the coins for $2,700. Now the exchange rate is at $3,200 per coin, and the BCH exchange rates are going at around $240. So you lost around $740 by selling your coins. But don't get disheartened. Shit happens all the time. You need to move on with your life.

[Minecache]

This kind of thread is completely retarded, sorry for being straight.
People who had their Bitcoin stored in Coinbase are now yelling for not issuing their Bitcoin Cash, and planning to sue Coinbase for causing them an opportunity to sell BCH at peak price.

I'd recommend you to learn independence thinking, you can't blame everyone for everything. (Most people do not appreciate the advice that helped them but blame those which didn't.  )

Not really blaming anyone - the purpose of the thread is to get discussion and thoughts of others - you can have healthy discussion without being condescending

So what, the general advice still stands - never keep your coins on an exchange. Take responsibility and control of your own money. You are simply criticising the advice because you are applying hindsight to it. Fact is no one knew what exactly would happen. We were in uncharted waters.

Mods it is really time to lock this thread.

[Minecache]

I know right!! I sold all my bitcoins before fork happened because i read some shit news about bitcoin fork and i'm afraid the bitcoin price will fall so hard. But yeah, shit way shit move, that makes me lose some money because i don't get bitcoin cash. Lesson learned though, don't trust only from 1 information.

The general advice here was not to listen to all the FUD and to simply ignore it, hodl, buy more, and keep your coins off the exchanges. This is gud solid advice for any genuine hodler. You fell for the FUD and we hear these types of story all the time. I guess you are new here?

[btcdevil]

Well I am starting to think this was the crappiest piece of advice you could give! Again more paranoia about exchanges that probably will just cost me money. If I had left my coins in Kraken I would have had the equivalent in Bitcoin Cash almost immediately and I could have traded them for Bitcoin when they were 727 USD. Instead I have them stuck in a paper wallet with no real idea on how to safely sweep my Bitcoin (let alone my Bitcoin Cash) into an online wallet. So can anyone tell me if there is a process for getting both your Bitcoin and Bitcoin Cash out of these paper wallets. And PLEASE no comments that are only partial in the answer. I need (plus many millions of others no doubt) on a foolproof process to get the coins out along with a wallet that can do this.

The process of getting BCC for your paper wallet bitcoins , it is given but it is complicated and even their is a risk of lossing the btc in the process, It was really bad advice given by most of them to withdraw btc from exchanges as you told is correct that if you had btc in exchanges then you would have got immediately the BCC and traded on high rate. So now i think it was waste to claim BCC because the process is risky.

[russelluk]

This kind of thread is completely retarded, sorry for being straight.
People who had their Bitcoin stored in Coinbase are now yelling for not issuing their Bitcoin Cash, and planning to sue Coinbase for causing them an opportunity to sell BCH at peak price.

I'd recommend you to learn independence thinking, you can't blame everyone for everything. (Most people do not appreciate the advice that helped them but blame those which didn't.  )

Not really blaming anyone - the purpose of the thread is to get discussion and thoughts of others - you can have healthy discussion without being condescending

So what, the general advice still stands - never keep your coins on an exchange. Take responsibility and control of your own money. You are simply criticising the advice because you are applying hindsight to it. Fact is no one knew what exactly would happen. We were in uncharted waters.

Mods it is really time to lock this thread.

Ok I will save the mods the time - I am locking this because comments are getting down to "trying to have the last word" which is rather childish