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Author Topic: A couple questions about trading BTC/BCC  (Read 138 times)
Vod (OP)
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January 14, 2018, 06:59:16 AM
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1) Can a person detect if a bitcoin still has bitcoin cash in it?

2) Assuming 1 is yes, is a bitcoin with the cash still in it worth more trading than a bitcoin without?

Thanks!

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 14, 2018, 11:22:14 AM
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1) Can a person detect if a bitcoin still has bitcoin cash in it?

2) Assuming 1 is yes, is a bitcoin with the cash still in it worth more trading than a bitcoin without?

Thanks!

Before answering your questions, I would like to clear one thing. It is not Bitcoin but Bitcoin address that matter. You have some wrong conception upon the idea of BTC/BCH. It will be more clear with following answers.

1) Yes. Suppose you have BTC on 1VodeDgeG4dh5noobtrsoRR23fkrR52sV (before 1st August), one can easily trace if this address still has equivalent BCH or BCH have been exported.

2) Nope. Both Bitcoin and Bitcoin Cash trade on different chains. Even if you trade BTC having equivalent BCH on same address, BCH will still remain on same address and only BTC will move. In short, both are independent and doesn't effect each other.

Tell me if you still have doubts.
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January 14, 2018, 09:59:31 PM
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2) Nope. Both Bitcoin and Bitcoin Cash trade on different chains. Even if you trade BTC having equivalent BCH on same address, BCH will still remain on same address and only BTC will move. In short, both are independent and doesn't effect each other.

Tell me if you still have doubts.

So if I send BTC that has BCC still in it, can't the new owner extract the BCC?

Or should I extract the BCC myself before selling the BTC?

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January 15, 2018, 03:57:24 AM
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2) Nope. Both Bitcoin and Bitcoin Cash trade on different chains. Even if you trade BTC having equivalent BCH on same address, BCH will still remain on same address and only BTC will move. In short, both are independent and doesn't effect each other.

Tell me if you still have doubts.

So if I send BTC that has BCC still in it, can't the new owner extract the BCC?

Or should I extract the BCC myself before selling the BTC?

Right!
As BCH belongs to address and not BTC itself, if you send BTC from your address A to buyer's address B, BCH will still remain on address A and new owner can't extract them.

Yes! You should extract BCH yourself. But it hardly matters you do before or after selling. As I told earlier, it doesn't matter at all. Both chains are seperate. All you need to do is to import your Private Keys in any BCH wallet and use BCH in same way you do BTC. But make sure send BTC to some other address/wallet before using private keys because wallet may compromise.
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January 15, 2018, 05:55:46 AM
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Yeah a person can detect if there is bitcoin cash and probably bitcoin gold too stored in his wallet before taking risk of  importing private keys on third party wallets.
Visit Freebitcoins.com and go through the process, it will show you how much bitcoin cash is there in your wallet and you will be able to withdraw them using same website.
I am not sure how this process goes but my friend really did same procedure and took out his fork balance in minutes
margert
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January 28, 2018, 04:27:15 AM
 #6

1) Can a person detect if a bitcoin still has bitcoin cash in it?

2) Assuming 1 is yes, is a bitcoin with the cash still in it worth more trading than a bitcoin without?

Thanks!
I was really upset about the collapse of the bitconnect, I lost 97% of my property just one night. I advise you not to participate in Lending Bitconnect, you should only trade it and not invest in, I really have lost faith in bitconnect. The price of a BCC is only $ 10 on January 17, 2018 BCC returned me at $ 363 and now I have evaporated 97% of my assets.
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February 25, 2018, 07:39:12 PM
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1) Can a person detect if a bitcoin still has bitcoin cash in it?

Yes because it has all the records before the chain split.

2) Assuming 1 is yes, is a bitcoin with the cash still in it worth more trading than a bitcoin without?

After the split BTC and BCH are two different entities. Think BCH just an alt.

Be happy be at peace. Looking forward to BTC at $1M
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