[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 885.

bones261

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Quote from: Kwelstr on July 30, 2017, 01:29:35 PM

Quote from: Piqueux on July 30, 2017, 12:29:08 PM

hi,

i have an detailled question

ok my BTC are in a private key

so after the 1st august ok i will take my private key to my Jaxx wallet but the problem jaxx and btc.com and others compatible wallet telling ok will receive same coins equivalent ''BUT YOU WILL CANNOT EXCHANGE THEM UNTIL A CERTAIN PERIOD OF TIME (FEW DAYS) thats the problem because many people think they will have acces instanatly after the fork.. so it will take a couple of days to use them

and between these days somme people who left BTC in exchange they will can sold it for the good price just after the fork but people who have a private key they cannot because the wallet who are accepting the BCC or BCH tell you have to wait some days before you can use them to use in a market

si i m confused in this situation

if i wait couple days , the price will drop because who have BTC in exchange will sold it directly for a good price and fes days after its too late price will drop

thanks to help me :0

The solution to your dilemma is rather simple: find an exchange that will support bitcoin cash, send some of your bitcoin holdings (as much as you want to use for trading) to that exchange and after the fork you will be able to buy and sell both coins. The rest of the holdings you will keep in your private wallet for later and you will be able to hold or exchange those in the coming weeks.

I have 750K sats of BTC on Yobit. I guess that I'll use that. I haven't moved my BTC from Yobit since the withdrawal fee is still 150K sats. Definitely not worth it to me to get charged a 20% fee, for the added security of having in my Trezor.

Kwelstr

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I've got amazing powers of observation

Quote from: Piqueux on July 30, 2017, 12:29:08 PM

hi,

i have an detailled question

ok my BTC are in a private key

so after the 1st august ok i will take my private key to my Jaxx wallet but the problem jaxx and btc.com and others compatible wallet telling ok will receive same coins equivalent ''BUT YOU WILL CANNOT EXCHANGE THEM UNTIL A CERTAIN PERIOD OF TIME (FEW DAYS) thats the problem because many people think they will have acces instanatly after the fork.. so it will take a couple of days to use them

and between these days somme people who left BTC in exchange they will can sold it for the good price just after the fork but people who have a private key they cannot because the wallet who are accepting the BCC or BCH tell you have to wait some days before you can use them to use in a market

si i m confused in this situation

if i wait couple days , the price will drop because who have BTC in exchange will sold it directly for a good price and fes days after its too late price will drop

thanks to help me :0

The solution to your dilemma is rather simple: find an exchange that will support bitcoin cash, send some of your bitcoin holdings (as much as you want to use for trading) to that exchange and after the fork you will be able to buy and sell both coins. The rest of the holdings you will keep in your private wallet for later and you will be able to hold or exchange those in the coming weeks.

anujjain

sr. member

Activity: 434

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Quote from: rendiuno on July 30, 2017, 01:05:17 PM

After 1: 1 result may be BCH will drop to above 50%,
So I am ready to accommodate cheap

Not everyone going to claim their BCH after fork. Mostly will wait for stabilize the blockchain and then think about claiming this.
I am not expecting so much movement any side 1st week there.

JessicaG

sr. member

Activity: 343

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Quote from: Bitbirdie on July 30, 2017, 12:13:41 PM

The big question is What will the opening price be? Is it gonna track BCC Futures, currently at $347?

Economics are so wonderful... Something that doesn't yet even exist (!), is already 'worth' several hundreds of bucks (and based on, what exactly?)...

Shake your Tinkerbell's, because this has got to be the priciest fairy dust I have seen in whole of crypto...

rendiuno

full member

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After 1: 1 result may be BCH will drop to above 50%,
So I am ready to accommodate cheap

vlom

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Quote from: European Central Bank on July 30, 2017, 11:48:39 AM

Quote from: vortexz on July 30, 2017, 11:32:39 AM

now big question remains, who will buy BCC

the people who made it. then they'll pump the crap out of it and everyone else will fomo in.

anyone dumping immediately is playing right into their hands.

thats right. and this is an interesting text.

http://www.zerohedge.com/news/2017-07-28/bitcoin-civil-war-over

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Piqueux on July 30, 2017, 12:29:08 PM

hi,

i have an detailled question

ok my BTC are in a private key

so after the 1st august ok i will take my private key to my Jaxx wallet but the problem jaxx and btc.com and others compatible wallet telling ok will receive same coins equivalent ''BUT YOU WILL CANNOT EXCHANGE THEM UNTIL A CERTAIN PERIOD OF TIME (FEW DAYS) thats the problem because many people think they will have acces instanatly after the fork.. so it will take a couple of days to use them

and between these days somme people who left BTC in exchange they will can sold it for the good price just after the fork but people who have a private key they cannot because the wallet who are accepting the BCC or BCH tell you have to wait some days before you can use them to use in a market

si i m confused in this situation

if i wait couple days , the price will drop because who have BTC in exchange will sold it directly for a good price and fes days after its too late price will drop

thanks to help me :0

If you want them sooner, you will have figure out how to import your private keys from your Jaxx wallet to a BCC compatible wallet. I'm not familiar with Jaxx, so I do not know how complicated this would be. Jaxx is just telling you that they need a few more days to come up with a solution, where you don't have to go through the steps to convert to a different platform. I'm in the same boat with my Trezor wallet. They state they will come up with a solution to safely redeem my BCC. However, they have not announced when the firmware will be available.

Piqueux

newbie

Activity: 1

Merit: 0

hi,

i have an detailled question

ok my BTC are in a private key

so after the 1st august ok i will take my private key to my Jaxx wallet but the problem jaxx and btc.com and others compatible wallet telling ok will receive same coins equivalent ''BUT YOU WILL CANNOT EXCHANGE THEM UNTIL A CERTAIN PERIOD OF TIME (FEW DAYS) thats the problem because many people think they will have acces instanatly after the fork.. so it will take a couple of days to use them

and between these days somme people who left BTC in exchange they will can sold it for the good price just after the fork but people who have a private key they cannot because the wallet who are accepting the BCC or BCH tell you have to wait some days before you can use them to use in a market

si i m confused in this situation

if i wait couple days , the price will drop because who have BTC in exchange will sold it directly for a good price and fes days after its too late price will drop

thanks to help me :0

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Bitbirdie on July 30, 2017, 12:13:41 PM

Quote from: European Central Bank on July 30, 2017, 11:48:39 AM

Quote from: vortexz on July 30, 2017, 11:32:39 AM

now big question remains, who will buy BCC

the people who made it. then they'll pump the crap out of it and everyone else will fomo in.

anyone dumping immediately is playing right into their hands.

Would anyone buy BCC if it crashes >50% after it opens? Speculators/traders probably will and bank real nice.

The big question is What will the opening price be? Is it gonna track BCC Futures, currently at $347?

The markets may be relatively isolated while the difficulty adjusts downward for BCC. It will be a little more difficult to arb. You may see wide differences in price from market to market.

European Central Bank

legendary

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Quote from: Bitbirdie on July 30, 2017, 12:13:41 PM

Would anyone buy BCC if it crashes >50% after it opens? Speculators/traders probably will and bank real nice.

alt traders do it every single day. this is an alt too. it's also an alt that can really shake things up backed by people who want to.

Bitbirdie

newbie

Activity: 5

Merit: 0

Quote from: European Central Bank on July 30, 2017, 11:48:39 AM

Quote from: vortexz on July 30, 2017, 11:32:39 AM

now big question remains, who will buy BCC

the people who made it. then they'll pump the crap out of it and everyone else will fomo in.

anyone dumping immediately is playing right into their hands.

Would anyone buy BCC if it crashes >50% after it opens? Speculators/traders probably will and bank real nice.

The big question is What will the opening price be? Is it gonna track BCC Futures, currently at $347?

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: vortexz on July 30, 2017, 11:32:39 AM

now big question remains, who will buy BCC

the people who made it. then they'll pump the crap out of it and everyone else will fomo in.

anyone dumping immediately is playing right into their hands.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: tintumon on July 30, 2017, 10:38:29 AM

Quote from: tekmobile on July 30, 2017, 10:34:59 AM

Quote from: Ayers on July 30, 2017, 10:15:16 AM

do you guy think the value will remain as it is now for bcc, or will be dumped fast? i'm wondering if it's worth to take out the cold storage to claim all the bcc as a possible, or maybe not, always free money but if the value tank to 0.01 it's not worth the risk

Im waiting until after the fork and then transferring all my cold storage coins to another offline address then import the old priv key to transfer the BCC to an exchange then destroy the old address like it never existed.

What do you mean by destroying the old address? Once the address and the transactions are is created in blockchain, it exists there for ever. What does it accomplish in anyway?

Only thing this accomplishes is to make sure some fat fingers do not accidentally use the address again. Satoshi recommended that you should never destroy a private key. Never know if someone might send you a gift.

michaelangelo

sr. member

Activity: 490

Merit: 250

It is hard to tell what will happend here... But i think like it was said already big holders
will probably dump their bcc and price will crash hard...

But we have to be positive after 1.8. all will be cleared and we should see some movements here and there.
I expect BTC price to go up to new height if you ask me.

All altcoins have fallen for now, because people sell them and want to have BTC.
Some lost over 50% of value, but this will recover after some time and trust in crypto coins

Bitbirdie

newbie

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Quote from: Trela on July 30, 2017, 11:27:29 AM

Quote from: Bitbirdie on July 30, 2017, 11:12:55 AM

Quote from: 95do on July 30, 2017, 11:04:53 AM

most hardforks I seen the newer coin crashes then people buy it back when it dumps then it recovers and the old coin crashes Shocked

right?

ETH/ETC as an illustration, both BTC/BCC will coexist. I wouldn't compare to other shitcoins.

Better arbitrage maybe buy either coin on weakness and sell on strength.

Remember Ethereum Classic is old blockchain Ethereum fork from incident The DAO ICO in 2016. For avoid attack from hacker, Ethereum decision HardFork their blockchain to two part are Ethereum (New) and Ethereum Classic (old blockchain hacked). So, it very different Bitcoin (Core) and Bitcoin Cash in current!

Thanks for the explanation.

Your explanation notwithstanding, why does ETC still exist? Why haven't everyone migrated to the NEW ETH and discarded ETC for dead?

To me it's irrelevant as long as BCC can be spent, traded, bartered, paired with other altcoins it's a viable currency that is forked from BTC. BCC needs universal acceptance as a some sort of store of value and the crypto enthusiasts will accept it and give it value correspondingly.

bones261

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Quote from: Ayers on July 30, 2017, 10:15:16 AM

do you guy think the value will remain as it is now for bcc, or will be dumped fast? i'm wondering if it's worth to take out the cold storage to claim all the bcc as a possible, or maybe not, always free money but if the value tank to 0.01 it's not worth the risk

By the time you take the steps to redeem your BCC and send them to an exchange, the people who already moved their BTC to an exchange that redeems for them and offers a market, will have already dumped. I'm not quite sure how fast the new difficulty programing will adjust the difficulty downward, so transferring the coins and making the required confirmation may take some time, in the beginning. You may want to wait until the market finally finds a relatively stable price and the network finds a good difficulty, to see if it is worth your time. AFAIK, there is no expiration date to redeem your BCC.

vortexz

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Quote from: Ayers on July 30, 2017, 10:15:16 AM

do you guy think the value will remain as it is now for bcc, or will be dumped fast? i'm wondering if it's worth to take out the cold storage to claim all the bcc as a possible, or maybe not, always free money but if the value tank to 0.01 it's not worth the risk

This would be definitely an epic dump... you havent seen such dump before

Just imagine millions of bitcoin holders having millions of BCC to dump on exchange

now big question remains, who will buy BCC

Trela

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The Decentralized TCP/IP Internet Protocol

Quote from: Bitbirdie on July 30, 2017, 11:12:55 AM

Quote from: 95do on July 30, 2017, 11:04:53 AM

most hardforks I seen the newer coin crashes then people buy it back when it dumps then it recovers and the old coin crashes Shocked

right?

ETH/ETC as an illustration, both BTC/BCC will coexist. I wouldn't compare to other shitcoins.

Better arbitrage maybe buy either coin on weakness and sell on strength.

Remember Ethereum Classic is old blockchain Ethereum fork from incident The DAO ICO in 2016. For avoid attack from hacker, Ethereum decision HardFork their blockchain to two part are Ethereum (New) and Ethereum Classic (old blockchain hacked). So, it very different Bitcoin (Core) and Bitcoin Cash in current!

BossBee

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How is this any different from the federal reserve printing off money when ever a crisis arises? In seeking to preserve the core values of BTC this fork is doing the opposite by shattering the virtue of a capped supply and doubling it over night.

brickblock

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🔵 Brickblock.io - Tokenization platform

Hopefully the fork goes down smoothly and the crypto-sphere is not adversely affected.

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 885. (Read 704847 times)