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Author Topic: How many BTC has been stolen with Electrum cash?  (Read 1995 times)
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August 06, 2017, 09:45:53 AM
 #1

Electrum cash will copy all your Electrum and then steel your BTC.
BCC made with people that wants your BTC.
Any news in media for number of victims?
I heard 1 million BTC has been stolen utill now because of BCC.

Don't trust to cash and any BCC wallets.
AndersAA
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August 06, 2017, 10:43:19 AM
 #2

What's with the FUD? All Electron Cash does is import your keys from Electrum. 0 reports of any BTC stolen and the source is open and no signs the binaries are different.
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August 06, 2017, 10:54:59 AM
 #3

Electrum cash will copy all your Electrum and then steel your BTC.
BCC made with people that wants your BTC.
Any news in media for number of victims?
I heard 1 million BTC has been stolen utill now because of BCC.

Don't trust to cash and any BCC wallets.
I don't even... What...?
Electron cash does no such thing, it's an Electrum fork for Bitcoin cash and it's open source.
What are you even talking about? There are no such victims whatsoever because what you said is utterly wrong and untrue.
Where exactly did you "heard" this?
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August 06, 2017, 11:21:03 AM
 #4

I still haven't used electron though electrum devs itself aren't supporting it and they are warning us about the possible incident that you had given. But I haven't also seen people complaining that they were stolen some bitcoins upon importing their private keys to the electron wallet. I think you had misunderstood it.


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August 06, 2017, 11:21:37 AM
 #5

Electron cash works fine. What's "electrum cash"?

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BitWhale
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August 06, 2017, 12:40:33 PM
 #6

If I had to guess, maybe he's referring to the scam site "electrum-cash.org" which is NOT the original website. There was a person that lose 45 btc to this site, the only of which I've heard of so far involving electrum.

1 million btc stolen though is a stretch haha, they are lucky if they made 100 btc.
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August 06, 2017, 12:47:32 PM
 #7

If I had to guess, maybe he's referring to the scam site "electrum-cash.org" which is NOT the original website. There was a person that lose 45 btc to this site, the only of which I've heard of so far involving electrum.

1 million btc stolen though is a stretch haha, they are lucky if they made 100 btc.
This was just too exaggerated on mentioning 1 million btc have been stolen. I really laugh out hard and I do know from the start hes mentioning on electrum-cash.org website and as you said there are people who have been hacked and sad for those who hacked by 45 bitcoins. It does really hurt you know. OP should update this sh*t because it somehow misleads other people and would really assume that electrum do have involvement on this.

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August 06, 2017, 12:56:13 PM
 #8

If I had to guess, maybe he's referring to the scam site "electrum-cash.org" which is NOT the original website. There was a person that lose 45 btc to this site, the only of which I've heard of so far involving electrum.

1 million btc stolen though is a stretch haha, they are lucky if they made 100 btc.

i believe that the 45 bitcoin stolen was because of a website called "electrum-wallet.org" and it didn't even have "cash" in it.

the electron cash wallet has some problems, specially with the multisignature wallets but i have not yet heard any losses because of it.

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August 06, 2017, 01:07:05 PM
 #9

If people are not careful on what they download and use then you will end up loosing your assets and with the new fork there are many scammers who are trying to rip people off and that is what is happening right now and there is no involvement of BCH or BTC ,so be careful on what you download and make sure the sources are genuine.
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August 06, 2017, 03:08:12 PM
 #10

1.  The developers of Bitcoin Cash do not have to be the same people as the developers of Electron cash (not Electrum Cash).

2.  Even though Bitcoin Cash is showing the Electron Cash wallet on their website, that does not necessarily mean that they endorse everything that they do in the future, just that they believe it's an acceptable wallet to use for now.

3.  I'm fairly sure that there's no way of telling how much BCH has been stored in Electron Cash wallets.

4.  Electron Cash has not been stealing.  Electrum's binaries are signed with the pseudonym Jonald Fyookball (jonald_fyookball is a user on this forum).  Electrum's concern was that as they are not signed by a real person, they could use malware and not be responsible.  However, this has not happened yet and seems moderately unlikely.
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August 06, 2017, 03:48:13 PM
 #11

Some users reported that they lose their bitcoin because they wanted send bitcoin cash, but the wallet connect to bitcoin nodes instead. I think that's developer fault since they still add bitcoin nodes to Electron Cash server list, they could only add bitcoin cash nodes to server list.
There is no reports from users who lost bitcoin by downloading the the right electron wallet,they either downloaded a fake exe file which stole their coins,if you are still having doubts about the users who signed the binary code for electron cash,you could use a separate system which does not have any bitcoin wallets installed and move your coins,because if you open electron cash and electrum wallet all the wallets will be copied to electron cash which might pose a security risk,always play safe when it comes to digital assets.
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August 06, 2017, 03:54:34 PM
 #12

I've used Electron Cash and not lost 1 BTC.

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August 06, 2017, 03:59:51 PM
 #13

I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.
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August 06, 2017, 04:03:06 PM
 #14

Electron cash works fine. What's "electrum cash"?

That is where the problem lies.

It was not electrum cash. No such thing from the company Electrum LLC.

It was electron cash.

The ones who put out this electrum cash relied on those not in the know to not know or was not informed properly about the wallet in question.

Those who distributed electrum cash saw the opportunity and exploited it.
Knowing that people tend to overlook the subtlety differences in the names.
Although very noticeable by those who are use to this bitcoin wallet and know what to look out for in the names also the website where they offer their products line.

I can see the ones who are in rush and in doing so tend to over look the obvious.
When it is just there staring them right in the face.
Electrum is not Electron.
In which Electrum LLC clearly states on their website they are directing those who want to claim this version of bitcoin to go use the electron wallet.
Nowhere do they mention anything of electrum cash as can be seen here:
Statement about Bitcoin Cash: https://electrum.org/bcc.txt
and here:
Recommendation on how to redeem Bitcoin Cash: https://electrum.org/bcc2.txt

Straight from the Electrum website in regards to bitcoin cash and any involvement with this version of bitcoin.

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August 06, 2017, 04:10:12 PM
 #15

I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

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August 06, 2017, 04:21:17 PM
 #16

It is Electron Cash and not Electrum Cash. It is just a fork of the official Electrum wallet and let's you import your private keys from Electrum to Electron Cash to give you same number of BCC as you have in BTC. That's it. No one has lost a single penny as far as we all know here. Stop spreading FUD and misinforming people.

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August 06, 2017, 04:34:46 PM
 #17

I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

Thank you very much for the details, but you are telling to sent BCH to Gatecoins (what is this address) and telling me to sell it but i want to hold it for long as i think that its future is very bright if till August 15 their is no split in chain and other miner also start to work on it.
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August 06, 2017, 04:51:19 PM
 #18

So far there hasn't been any reports yet that electron cash has stolen bitcoins. I think the reason why people are getting paranoid and asking these questions is that since Electrum denounce electron cash and left a warning that it could possibly steal your bitcoins, that resulted to this FUD. Well, we can't review its source code since it is not open source, that is another fear. Personally, I would just go use the bitcoinABC wallet, though you have to download the whole blockchain.
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August 06, 2017, 05:12:31 PM
 #19

I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

Thank you very much for the details, but you are telling to sent BCH to Gatecoins (what is this address) and telling me to sell it but i want to hold it for long as i think that its future is very bright if till August 15 their is no split in chain and other miner also start to work on it.

So split it and send it to a BCH address. I only sold a portion so if it fails I got some free BTC out of it, and if it rises then I've still got my hodlings.

https://gatecoin.com


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August 09, 2017, 09:36:38 AM
 #20

I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

Thank you very much for the details, but you are telling to sent BCH to Gatecoins (what is this address) and telling me to sell it but i want to hold it for long as i think that its future is very bright if till August 15 their is no split in chain and other miner also start to work on it.

So split it and send it to a BCH address. I only sold a portion so if it fails I got some free BTC out of it, and if it rises then I've still got my hodlings.


That is what many are considering to do I guess. Sell 50%, keep 50% to see where it goes. That way, BCH ends up with quite a sizeable group that is hodling.
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