[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 887.

Slow death

legendary

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Quote from: iamnewhere on July 30, 2017, 05:48:03 AM

Quote from: Gss2k2 on July 30, 2017, 05:44:35 AM

Quote from: NewChmst on July 30, 2017, 03:52:05 AM

Should anyone knows what will be the price (prediction) for Bitcoin cash ?

Futures market says $100-$400. I anticipate heavy selling so could be in the lower range.

why should someone buy a free coin for $ 100-400? Wink

I hope to get $ 10 if i can dump fast enough (but i guess there are larger btc-owners who will dump with automatic software much faster).

So run as fast as you can so you do not miss the dump, it's $350 so far, you do not want to miss this boat, right? I'll keep my bitcoin cash, maybe in the future the sand will become gold.

Quote from: tekmobile on July 30, 2017, 08:16:21 AM

Im going to sell on kraken no way im doing it on ViaBTC either

What is the problem with viabitcoin exchange?

Wexlike

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Quote from: junan1 on July 30, 2017, 05:33:37 AM

Quote from: Wexlike on July 30, 2017, 04:09:28 AM

Quote from: Wexlike on July 30, 2017, 03:57:28 AM

Could anyone find out at what block number the fork is planned to happen ? I couldn't find anything in the BitcoinABC source code.

Found something:

Quote

The fork block is the first block connected to a block with MTP of 2017 Aug 1 12:20 UTC.
MTP is the median timestamp of the 11 blocks leading up to and including that prior block.
It's likely, but assured, that the fork block will happen later than 12:20 wall clock time, because MTP generally lags the wall clock by an hour or so.
Reorgs are also possible.

https://www.reddit.com/r/btc/comments/6qfem4/time_of_fork_august_1st/

As I understand it (and I could easily be wrong here), the first block will likely be even further delayed because only a small fraction of Bitcoin's hashrate will attempt to build the Bitcoin Cash branch.

Also, props for trying to dig through the Bitcoin ABC source. If you're still curious, the relevant parts are the start time constant, the Median Time Past comparison, and the definition of Median Time Past.

Much appreciation for pointing me to the relevant code parts! Thank you.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: mindrust on July 30, 2017, 08:09:28 AM

Bcash is an immature attemp to coup bitcoin. Thanks to UASF148, we forced their hand and they had no choice to split before they have more power.

Bitcoin Unlimited and any other proposals had their chance to split at any time but they preferred to stay with the original chain. After we activated segwit they just got super mad over that and they saw that bitcoin community will never follow retards like Ver/Wu/Wright so they had to split with the whatever support they got. (Paid shills mostly)

They even talk about activating LN can you believe it? A Core made code which they badmouthed so many months.

And this now;
https://mobile.twitter.com/rogerkver/status/891338448463736832

After all those time he was angry with the high fees, he is mad at cheap fees. There is no way that we could be able to reason with those people.

They are sociopaths with bipolar sauce on top.

No need to say, I will be dumping my shitcoins as soon as I can on a reputable exchange. (Not viabtc clearly)

They can have all the bcash coins they want. I don't want to be contaminated with this shit.

Im going to sell on kraken no way im doing it on ViaBTC either

mindrust

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Bcash is an immature attemp to coup bitcoin. Thanks to UASF148, we forced their hand and they had no choice but to split before they have more power.

Bitcoin Unlimited and any other proposals had their chance to split at any time but they preferred to stay with the original chain. After we activated segwit they just got super mad over that and they saw that bitcoin community will never follow retards like Ver/Wu/Wright so they had to split with the whatever support they got. (Paid shills mostly)

They even talk about activating LN can you believe it? A Core made code which they badmouthed so many months.

And this now;
https://mobile.twitter.com/rogerkver/status/891338448463736832

After all those time he was angry with the high fees, he is mad at cheap fees. There is no way that we could be able to reason with those people.

They are sociopaths with bipolar sauce on top.

No need to say, I will be dumping my shitcoins as soon as I can on a reputable exchange. (Not viabtc clearly)

They can have all the bcash coins they want. I don't want to be contaminated with this shit.

BanzaiBTC

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Bitcoin Cash Cow? Roll Eyes

Cheers for the free money...

I guess Bitcoin could not stay behind ETH and ETC...

JessicaG

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Quote from: keyrun on July 30, 2017, 06:06:05 AM

Quote from: BenR on July 30, 2017, 05:59:59 AM

Quote from: FreeTrade on July 22, 2017, 09:37:29 AM

BTC price likely to drop 10 to 20 percent on August 1st when the chain splits. Make sure to have your private keys when this happens so you don't lose funds.

and take coins off exchange into your own wallet that supports BCC

I have already stored my bitcoin fund in a wallet that can provide me the private keys
So downloading wallet provided by https://bitcoinclassic.com/downloads/index.html
and restoring my private keys with the wallet to get my bitcoincash.
Is that all?

1: Store BTC's in wallet that can provide private keys.
2: Await the Bitcoin Cash fork.
3: After the fork, get a Bitcoin Cash wallet that supports private keys.
4: Import private keys from your BTC, into your Bitcoin Cash wallet.
5: Done...

cointron

hero member

Activity: 896

Merit: 500

It's all about not doing BTC transactions for 12-24 hours, the rest is all a legend. BTC will remain stable, BCC is nothing.
I suggest taking care of your private seeds-keys, which wallets use, etc. Many people will lose money because of ignorance.-

WutriCoin

full member

Activity: 224

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Very similar thing happened to ZenCash. After the fork it was listed on Bittrex, and starting price was 16-18$. Just a few days later price dropped to 4-6$ and its still in those regions.

Once the holders get that it will go nowhere, they will dump it to the ground

tekmobile

full member

Activity: 392

Merit: 154

Quote from: iamnewhere on July 30, 2017, 05:48:03 AM

why should someone buy a free coin for $ 100-400? Wink

I hope to get $ 10 if i can dump fast enough (but i guess there are larger btc-owners who will dump with automatic software much faster).

If I can get anything near $10 ill be happy lol im not going to try and dump straight away will give it a few days see if the price recovers even slightly after the initial dump but I dont want to wait too long after because I believe if it does recover slightly it will only be short lived.

Anyone investing in this now will be loosing so much money.

Ive already got new offline wallets prepared to transfer all my BTC to before I import my private key to claim the BCC/BCH then the old keys will be destroyed once I get my final payment from nicehash before I restart on a new wallet

keyrun

member

Activity: 143

Merit: 10

Quote from: BenR on July 30, 2017, 05:59:59 AM

Quote from: FreeTrade on July 22, 2017, 09:37:29 AM

BTC price likely to drop 10 to 20 percent on August 1st when the chain splits. Make sure to have your private keys when this happens so you don't lose funds.

and take coins off exchange into your own wallet that supports BCC

I have already stored my bitcoin fund in a wallet that can provide me the private keys
So downloading wallet provided by https://bitcoinclassic.com/downloads/index.html
and restoring my private keys with the wallet to get my bitcoincash.
Is that all?

BenR

full member

Activity: 134

Merit: 100

Quote from: FreeTrade on July 22, 2017, 09:37:29 AM

BTC price likely to drop 10 to 20 percent on August 1st when the chain splits. Make sure to have your private keys when this happens so you don't lose funds.

and take coins off exchange into your own wallet that supports BCC

Lucky_U

full member

Activity: 364

Merit: 100

Quote from: Gss2k2 on July 30, 2017, 05:44:35 AM

Quote from: NewChmst on July 30, 2017, 03:52:05 AM

Should anyone knows what will be the price (prediction) for Bitcoin cash ?

Futures market says $100-$400. I anticipate heavy selling so could be in the lower range.

Price should drop down very much, I suppose around 5-10$.

iamnewhere

full member

Activity: 168

Merit: 100

Quote from: Gss2k2 on July 30, 2017, 05:44:35 AM

Quote from: NewChmst on July 30, 2017, 03:52:05 AM

Should anyone knows what will be the price (prediction) for Bitcoin cash ?

Futures market says $100-$400. I anticipate heavy selling so could be in the lower range.

why should someone buy a free coin for $ 100-400? Wink

I hope to get $ 10 if i can dump fast enough (but i guess there are larger btc-owners who will dump with automatic software much faster).

Gss2k2

full member

Activity: 138

Merit: 100

Quote from: NewChmst on July 30, 2017, 03:52:05 AM

Should anyone knows what will be the price (prediction) for Bitcoin cash ?

Futures market says $100-$400. I anticipate heavy selling so could be in the lower range.

Ano

sr. member

Activity: 1148

Merit: 253

Quote from: Vadi2323 on July 30, 2017, 05:22:03 AM

RUSSIAN TRANSLATION:

RUSSIAN

Much appreciated this will more bring people to this project and hopefully this community will grow. At the moment the future of this coin is looking doubtful but when time will pass this will grow.

junan1

newbie

Activity: 56

Merit: 0

Quote from: Wexlike on July 30, 2017, 04:09:28 AM

Quote from: Wexlike on July 30, 2017, 03:57:28 AM

Could anyone find out at what block number the fork is planned to happen ? I couldn't find anything in the BitcoinABC source code.

Found something:

Quote

The fork block is the first block connected to a block with MTP of 2017 Aug 1 12:20 UTC.
MTP is the median timestamp of the 11 blocks leading up to and including that prior block.
It's likely, but assured, that the fork block will happen later than 12:20 wall clock time, because MTP generally lags the wall clock by an hour or so.
Reorgs are also possible.

https://www.reddit.com/r/btc/comments/6qfem4/time_of_fork_august_1st/

As I understand it (and I could easily be wrong here), the first block will likely be even further delayed because only a small fraction of Bitcoin's hashrate will attempt to build the Bitcoin Cash branch.

Also, props for trying to dig through the Bitcoin ABC source. If you're still curious, the relevant parts are the start time constant, the Median Time Past comparison, and the definition of Median Time Past.

Vadi2323

legendary

Activity: 2044

Merit: 1231

RUSSIAN TRANSLATION:

RUSSIAN

junan1

newbie

Activity: 56

Merit: 0

Quote from: Ayers on July 30, 2017, 04:21:50 AM

Quote from: junan1 on July 30, 2017, 03:31:36 AM

Quote from: Ayers on July 30, 2017, 03:18:40 AM

why no? what's the difference between a wallet that is new before the fork now and a old wallet, that both are empty? i'll not claim bcc with a full wallet, i just import a empty private key that had btc in it, and what you mean going into the fork? every wallet is going into the fork

Yes, every wallet is going into the fork. And the empty wallets will be empty. And the wallets with bitcoins in them will have both BCH and BTC.

Quote from: abonarea on July 30, 2017, 03:22:36 AM

Exactly, this is my plan too. I will send my Bitcoins to new address to make sure everything is good. Once it will be confirmed then use those private keys to claim my BCC though it is protected against replay attack but we are responsible for our own security.

Yes, this is good strategy. To be clear, this only works if you move your bitcoins after the fork starts, not before.

oh now i understand, so only the wallet that are full after the full can claim even if they are empty afterward, it make sense now, so i don't have to move on exchange to claim right? i can calim at any time as long as my wallet hold btc after the fork? even within one year?

Yes. Even after a year.

You're not really claiming BCH. Instead, it's more like you already have BCH. Until the fork actually happens, "Bitcoin Cash" and "Bitcoin" are essentially just different names for the same thing.

Another way to understand this: Today, every bitcoin is actually 1 BTC and 1 BCH stuck together. When you send a bitcoin you're actually sending 1 BTC and 1 BCH at the same time. If you have 18 BTC in your wallet right now then you also have 18 BCH in the same wallet right now, it's just that your wallet doesn't display them. At the fork, we will all be able to separate our BTC and BCH, but the tools are all fairly new and little tested.

peschi

sr. member

Activity: 355

Merit: 250

Quote from: Ayers on July 30, 2017, 04:21:50 AM

Quote from: junan1 on July 30, 2017, 03:31:36 AM

Quote from: Ayers on July 30, 2017, 03:18:40 AM

why no? what's the difference between a wallet that is new before the fork now and a old wallet, that both are empty? i'll not claim bcc with a full wallet, i just import a empty private key that had btc in it, and what you mean going into the fork? every wallet is going into the fork

Yes, every wallet is going into the fork. And the empty wallets will be empty. And the wallets with bitcoins in them will have both BCH and BTC.

Quote from: abonarea on July 30, 2017, 03:22:36 AM

Exactly, this is my plan too. I will send my Bitcoins to new address to make sure everything is good. Once it will be confirmed then use those private keys to claim my BCC though it is protected against replay attack but we are responsible for our own security.

Yes, this is good strategy. To be clear, this only works if you move your bitcoins after the fork starts, not before.

oh now i understand, so only the wallet that are full after the full can claim even if they are empty afterward, it make sense now, so i don't have to move on exchange to claim right? i can calim at any time as long as my wallet hold btc after the fork? even within one year?

The "Bitcoin Cash" Coins are a copy of your existing BTC coins on the "new" BCC Blockchain. So, if you have access to your private key you can claim them as long the network is alive. You dont have to do anything now.

But, as written above - take care about your Bitcoin, when you claim your BCC.

Ayers

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Quote from: junan1 on July 30, 2017, 03:31:36 AM

Quote from: Ayers on July 30, 2017, 03:18:40 AM

why no? what's the difference between a wallet that is new before the fork now and a old wallet, that both are empty? i'll not claim bcc with a full wallet, i just import a empty private key that had btc in it, and what you mean going into the fork? every wallet is going into the fork

Yes, every wallet is going into the fork. And the empty wallets will be empty. And the wallets with bitcoins in them will have both BCH and BTC.

Quote from: abonarea on July 30, 2017, 03:22:36 AM

Exactly, this is my plan too. I will send my Bitcoins to new address to make sure everything is good. Once it will be confirmed then use those private keys to claim my BCC though it is protected against replay attack but we are responsible for our own security.

Yes, this is good strategy. To be clear, this only works if you move your bitcoins after the fork starts, not before.

oh now i understand, so only the wallet that are full after the fork can claim even if they are empty afterward, it make sense now, so i don't have to move on exchange to claim right? i can calim at any time as long as my wallet hold btc after the fork? even within one year?

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 887. (Read 704825 times)