Bitcoin Forum
November 12, 2024, 11:18:39 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: A couple questions about trading BTC/BCC  (Read 165 times)
Vod (OP)
Legendary
*
Offline Offline

Activity: 3878
Merit: 3166


Licking my boob since 1970


View Profile WWW
January 14, 2018, 06:59:16 AM
 #1

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 post for interest - not signature spam.
https://elon.report - new BPI Reports!
https://vod.fan - fast/free image sharing - coming Nov
webtricks
Legendary
*
Offline Offline

Activity: 1918
Merit: 1728


View Profile
January 14, 2018, 11:22:14 AM
 #2

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.
Vod (OP)
Legendary
*
Offline Offline

Activity: 3878
Merit: 3166


Licking my boob since 1970


View Profile WWW
January 14, 2018, 09:59:31 PM
 #3

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?

I post for interest - not signature spam.
https://elon.report - new BPI Reports!
https://vod.fan - fast/free image sharing - coming Nov
webtricks
Legendary
*
Offline Offline

Activity: 1918
Merit: 1728


View Profile
January 15, 2018, 03:57:24 AM
 #4

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.
h0lybyte
Hero Member
*****
Offline Offline

Activity: 924
Merit: 511


View Profile
January 15, 2018, 05:55:46 AM
 #5

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
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile
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.
mdayonliner
Copper Member
Sr. Member
****
Offline Offline

Activity: 630
Merit: 420


We are Bitcoin!


View Profile
February 25, 2018, 07:39:12 PM
 #7

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
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!