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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 892. (Read 704387 times)

sr. member
Activity: 1478
Merit: 264

Not a vote. More like a have some free coins and get nothing back. We pay the servers.

Have some real-time music:
(In the city noise the angels are walking around looking in)

Magtens Korridorer "Engle" (officiel video)
https://www.youtube.com/watch?v=D4FpKgL9ekk
full member
Activity: 298
Merit: 100
     Read this great analysis on Bitcoin splitting outcome

     https://bitcointalksearch.org/topic/m.20461597

     Join this poll for great reward

     https://docs.google.com/forms/d/e/1FAIpQLSfT6l28yqsR-qMN7HM1W8Bz8rg9JkByIfNPjCbeBJE4Jbgfow/viewform?usp=sf_link


   
     For question 3: What will happen with Bitcoin price 24 hours after hark fork?

     Answer this question first, what is the most important thing that decide Bitcoin's price? There's definitely not a certain answer. We could realize that there has been a strong resistance at 2800-2900USD when Bitcoin price moves up for recent months. Who built that resistance, Who wants and who tries to break it? Resistance is often built by big Bitcoin holders who could not hold Bitcoin for longer time and they want to sell Bitcoin for profit at certain price. Between big holders, miners are very important because they're more active in trading than non-miner holders. Remember that there're about 1800BTC or about 5.000.000 USD mined everyday. It seems that most of these bitcoins will be circulated for trading due to mining cost.

     Who want to break the wall? The answer is simple, everyone wants that. But who want Bitcoin to go down? It seems a hard question. Think about this example for the answer. "Bob has a lot of money. Bob wants to invest in Bitcoin. If using all of his money, Bob could push bitcoin's price to 4000USD. But this action will lead to not much profit for him or even loss. Bob wishes Bitcoin to go down as much as possible so that Bob could buy enough Bitcoin before Bob decides to push Bitcoin up so that Bob will secure 100% profit."

     Bitcoin in particular or Cryptocurrency in general, price movement is game of "whales". Decisions of "whales" are very important. If you're not a "whale", how could you know "whales' decisions"? I give an example for you to guess the answer. "Bob is a long-term investor in Bitcoin, He has collected a lot of Bitcoin. He believes that Bitcoin price will be at least 10000USD/BTC at the end of this year. Then he decides not to sell any of his Bitcoin under 10000USD in any circumstances. He is not afraid of any forks or Bitcoin upgrades. He wishes Bitcoin to fully developed as quick as possible. He knows that if holding his bitcoin wallet's private key, he will also own Bitcoin of any forks. Mary is also a "whale". Mary is uncertain about Bitcoin's future. Mary wants Bitcoin grow up without any changes (forks). She's afraid of Bitcoin retraction which leads to her loss. She decides to sell a big amount of Bitcoin when Bitcoin price starts to go down. When storms go away, Bitcoin's price go over 3000USD, Mary decides to buy Bitcoin again. This time, she believes that Bitcoin will go up further. John is also a "whale", John has a lot of money; however unfortunately, there're a lot of reasons lead him lost. He want to recover his loss in a short duration. He thinks that Bitcoin splitting is good for his chances. Old Bitcoin does not bring him profit, he believes new chain investment will be different. He decides to sell all of his Bitcoin and prepare for buying new Bitcoin when it's available. Adam is also a "whale". He thinks simply, he will sell all of his new Bitcoin when he retrieves it. At least, he will have a good profit."

     From examples above, we can guess which factor creates resistance's wall. We also see that all kind of "whales" wish Bitcoin and all of its new version to grow up. Once Bitcoin splits successfully, the optimism about both old and new Bitcoin version will come if the new one runs smoothly within first few hours. More hashrate power will be poured into mining all kind of Bitcoins. These hashrates are mainly transferred from altcoins' mining. Resistance's wall will be removed and leveled up due to increased difficulty in Bitcoin mining. Whales' power will be more powerful to move Bitcoin much further. It's clear now to see that current Bitcoin and new Bitcoin will move up greatly after hard fork if new chain emerges perfectly. Bitcoin and its new version will dominate the first and second place on CoinMarketCap for sure.


sr. member
Activity: 1478
Merit: 264
Some pools converts your btc to BBC if wanted.

Forgot my 10 dollar zencoin went 3 dollar. Do not be stupid!
member
Activity: 107
Merit: 10
I've got amazing powers of observation
my wallet is blockchain.info
do i get bitcoin cash?

You are not going to get bitcoin cash as far as I know.
You will need to use a wallet that allows you to get an access to the private keys, once you do it, then even if your wallet won't support the Bitcoin cash, you will still be able to export the private key and transfer the bitcoin cash.


I have private key
i imported my 12 words on jaxx wallet and saved my private key
but my bitcoin is still on blockchain and jaxx at the same time

If you have your private key then you'll be fine, you will have to import that key on a bitcoin cash compatible wallet after the fork.
sr. member
Activity: 1478
Merit: 264
Bittrex already stated that they might support BCC based on considerations im leaving my btc at bittrex, they have proven to be the best crypto-exchange existing so far

I state you are a prick. Poloniex claims alls tokens are only for loan!

Idiots!

PS: The best ? Check my dick on a good day. (Can I say chicks with dicks. Without you are getting naughty?)
sr. member
Activity: 1478
Merit: 264
https://coinmarketcap.com/currencies/bitcoin-cash/

377.77 USD its like the 400 dollars etherium buy. (I have never been ripped of that fast) Teach somebody a lesson!

You can buy my btc at triple price on a bad day. No.
sr. member
Activity: 506
Merit: 250
Bittrex already stated that they might support BCC based on considerations im leaving my btc at bittrex, they have proven to be the best crypto-exchange existing so far
member
Activity: 65
Merit: 10
my wallet is blockchain.info
do i get bitcoin cash?

You are not going to get bitcoin cash as far as I know.
You will need to use a wallet that allows you to get an access to the private keys, once you do it, then even if your wallet won't support the Bitcoin cash, you will still be able to export the private key and transfer the bitcoin cash.


I have private key
i imported my 12 words on jaxx wallet and saved my private key
but my bitcoin is still on blockchain and jaxx at the same time
legendary
Activity: 1288
Merit: 1087
It's an hd wallet now so It's a seed instead of keys as far as i know.
hero member
Activity: 938
Merit: 502
my wallet is blockchain.info
do i get bitcoin cash?

You are not going to get bitcoin cash as far as I know.
You will need to use a wallet that allows you to get an access to the private keys, once you do it, then even if your wallet won't support the Bitcoin cash, you will still be able to export the private key and transfer the bitcoin cash.


Since when did blockchain info stop giving access to private keys? In the past you were always able to access them in whichever format you decided. It may have changed though, and i cant currently check.
legendary
Activity: 2453
Merit: 1025
Energy coin master
Nice article https://www.coindesk.com/startups-brace-bitcoin-cash-fork-wave-policy-changes/

In de article a nice solution for exchanges or services not supporting BC is payout a BTC dividend after exchange BC for BTC:

Quote
Prepaid phone startup Bitrefill has developed a creative way of dealing with this problem. Like other small firms with limited resources, it does not plan to support the competing cryptocurrency. Instead, it plans to sell all of the Bitcoin Cash it accumulates in exchange for bitcoin – later dividing these funds between users, proportional to the amount of bitcoin each holds with the company
sr. member
Activity: 476
Merit: 259
my wallet is blockchain.info
do i get bitcoin cash?

You are not going to get bitcoin cash as far as I know.
You will need to use a wallet that allows you to get an access to the private keys, once you do it, then even if your wallet won't support the Bitcoin cash, you will still be able to export the private key and transfer the bitcoin cash.
newbie
Activity: 30
Merit: 0
Where do I find more information about Bitcore- BTX? Is there an exchange already for it? All these forks are happening the same time on August 1?

How about a Google search?  Such as:  trading "bitcoin cash"

Pages of results.
legendary
Activity: 2453
Merit: 1025
Energy coin master
Where do I find more information about Bitcore- BTX? Is there an exchange already for it? All these forks are happening the same time on August 1?
http://bitcore.cc/
member
Activity: 65
Merit: 10
Can you people not read? The same damn questions are asked over and over.

what question i didn't find it
sr. member
Activity: 345
Merit: 251
Can you people not read? The same damn questions are asked over and over.
sr. member
Activity: 350
Merit: 250
Where do I find more information about Bitcore- BTX? Is there an exchange already for it? All these forks are happening the same time on August 1?
member
Activity: 65
Merit: 10
my wallet is blockchain.info
do i get bitcoin cash?
sr. member
Activity: 453
Merit: 250
I have created a poll to see how the community views the fork and the future of bitcoin. Please answer the poll so we can have a statistically significant number of responses.

https://bitcointalk.org/index.php?topic=2048167.0;all

I am trying to be fair on that poll and included as many answers as I could think of. I will keep the poll open until a couple of hours before the Aug 1st fork. Let's see if the wisdom of the forum is indicative of how it will turn out.

Thank you for participating.


Could you please STOP repeating this message over and over... It's annoying, moreover when there's already so much confusion among people thinking Bitcoin Cash is BCC; and then you, on top of that, start addressing the Bitcoin as 'Bitcoin SegWit2x' or even worse, 'BTS', and 'BTL' for Bitcoin Cash... Just, stop spreading these kind of nonsense...

Bitcoin = Bitcoin, which is BTC (and not that BTS crap)
(Bitcoin) SegWitx2x = NOT Bitcoin. Bitcoin = Bitcoin, and SegWit2x is a miner agreement... (and still not that BTS crap)
Bitcoin Cash = NOT 'BCC', and most certainly NOT 'BTL'...

 Roll Eyes
So true! No need to introduce even more confusing tickers then there already are!
hero member
Activity: 938
Merit: 502
I swear I am completely confused by all of this, and the response from all of the exchanges. I have switched a lot of my alts into btc, and withdrew that from the exchanges. I control the private keys that are associated with the addresses my btc are on. So I guess whatever happens, my bases are mostly covered.
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