[ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] - page 143.

dunchy

sr. member

Activity: 299

Merit: 250

Quote from: easypeasy on February 18, 2018, 01:07:34 PM

Quote from: M4nUnit on February 18, 2018, 10:55:39 AM

Imagine I'm an investor with $10k and want free BTCP.

I can buy around 55 ZCL actually, and that will give me 55 bitcoin private. Even if BTCP is around $200 (it will be much more, but it's the minimum it can be) that is a $11k gift.

If you leave your ZCL you'll have a drop, but you'll earn money in any case, it sounds to good to be true for me, can someone explain me if I missed something?

at this moment zcl is really btcp futures, immediately after the snapshot zcl's value will drop to around 2 or 3 $'s then we have to wait a couple of days to collect our btcp which will hopefully be trading at $200 and up

As long as the devs manage to pull of they're end and assuming btc is stable then i see it as a no lose situation, like finding free money down the back of the settee, i think btcp will trade at a minimum $300

Sweet dreams guys

FBTC was a litmus test as LBTC will be in the near future (as soon as the flood gates open) just watch as BTC dumpers put astronomical down pressure on price. It'll take 24H tops to floor it from triple digits $ to less than $50. As for ZCL, keep your finger on a trigger and make an immediate market order as soon as you see fork block has passed.

easypeasy

full member

Activity: 213

Merit: 100

Quote from: M4nUnit on February 18, 2018, 10:55:39 AM

Imagine I'm an investor with $10k and want free BTCP.

I can buy around 55 ZCL actually, and that will give me 55 bitcoin private. Even if BTCP is around $200 (it will be much more, but it's the minimum it can be) that is a $11k gift.

If you leave your ZCL you'll have a drop, but you'll earn money in any case, it sounds to good to be true for me, can someone explain me if I missed something?

at this moment zcl is really btcp futures, immediately after the snapshot zcl's value will drop to around 2 or 3 $'s then we have to wait a couple of days to collect our btcp which will hopefully be trading at $200 and up

As long as the devs manage to pull of they're end and assuming btc is stable then i see it as a no lose situation, like finding free money down the back of the settee, i think btcp will trade at a minimum $300

ciappa

hero member

Activity: 840

Merit: 501

Quote from: Lisk_beginner on February 18, 2018, 08:50:19 AM

Do you know if bittrex will support this fork please ?
I search on the Télégram but i find nothing

Thank you

This is a very good question. Due it is not a very popular fork IMO can be that no exchanges support Bitcoinprivate fork. Who has made expieriences on forks with binance? Binance was supporting the last forks? Huh

M4nUnit

newbie

Activity: 72

Merit: 0

Imagine I'm an investor with $10k and want free BTCP.

I can buy around 55 ZCL actually, and that will give me 55 bitcoin private. Even if BTCP is around $200 (it will be much more, but it's the minimum it can be) that is a $11k gift.

If you leave your ZCL you'll have a drop, but you'll earn money in any case, it sounds to good to be true for me, can someone explain me if I missed something?

Lisk_beginner

sr. member

Activity: 649

Merit: 257

Do you know if bittrex will support this fork please ?
I search on the Télégram but i find nothing

Thank you

babybonoba

newbie

Activity: 26

Merit: 0

Very excited about BTCP. I originally had been mining BTCZ as one of my "lower ranking cryptos" "just in case", but upon reading more about BTCP I've realized that it is the better coin. BTCZ = 21 BILLION coins total while BTCP will have closer to 21 MILLION. The fact that BTCP is a fork off of BTC and honors holders of BTC also gives the coin more validity in the cryptosphere, while BTCZ started from block 0. To be honest I prefer Monero as the king of anonymous coins but BTCP could have a successful future and so I support it.

snowyNNN

sr. member

Activity: 422

Merit: 251

Pasl [Xci-r.i.p.] Eth Zcl Kmd Zen Rep Xmr Sc Neo

BPrivate will be worth more than Zclassic is now and likely more than just before the snapshot however much that will be.

When Zclassic forked this spring to Zen, The Zen was worth almost double the Zcl price when Zen trading opened and you still had the original Zclassics of course!

Also, most BPrivate coins held by Bitcoin holders are not readily available for trading due to forkcoin extraction being kind of a hassle.
How many of you who have Bitcoin have taken measures to have access to your BDiamond or SuperBitcoin or many other of the Bitcoin forks, except maybe Bcash and Bgold ?

Hakamoto

full member

Activity: 252

Merit: 100

Excellent company! Sneterpeny I will wait for development of this project! I wish this project great success!

abonarea

legendary

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Merit: 1003

This is good only if you bought Bitcoins in dip or holding for long time and same for other coins which allow you to qualify for airdrop. If you sell your altcoins for any of these just to get some free that is not wise move in my opinion. It is like you are gambling on a thing which has no base yet while taking risk of loosing already established coins.

SimpleMan

full member

Activity: 462

Merit: 100

The Standard Protocol - Solving Inflation

Quote from: monsanto on February 16, 2018, 09:26:37 PM

Quote from: Ned Kelly on February 15, 2018, 08:56:28 PM

In my opinion it's better to buy bitcoin in order to qualify for this fork. Bitcoin price will not be affected by this fork price. On the other hand zcl price will drop. Also, there is no guarantee that combine zcl and bitcoin private combine price will be higher than zcl price now. So it will be gamble for zcl holders and free money for btc holders.

If you are already holding BTC, or purchasing BTC with other alts, the fork really is like free money. However I think if someone is buying with fiat, or wants significant upside, then the reasoning changes. You'd have to use much more fiat or alts to buy BTC to get the equivalent BTCP you'd get buying ZCL. And for people with limited funds I think it is probably much better to buy ZCL for the fork than BTC. Say someone has $10,000 to invest. The upside if they buy BTC for the fork is only 1 BTCP. Right now for the same amount of $10k they could buy almost 70 ZCL. So while there is more risk the upside is potentially much better with 70 BTCP. So in that case I think it would be better to buy ZCL to qualify for the fork than wasting time moving $10k around to get 1 BTCP.

Although it makes sense what you say there is still a high chance of massive dumping even before the snapshot. Those who bought at a few dollars already are at 40x. They have sufficient reason to sell and neglect the fork which would most likely make them not as much money as the bull run with ZCL has already.

monsanto

legendary

Activity: 1241

Merit: 1005

..like bright metal on a sullen ground.

Quote from: Ned Kelly on February 15, 2018, 08:56:28 PM

In my opinion it's better to buy bitcoin in order to qualify for this fork. Bitcoin price will not be affected by this fork price. On the other hand zcl price will drop. Also, there is no guarantee that combine zcl and bitcoin private combine price will be higher than zcl price now. So it will be gamble for zcl holders and free money for btc holders.

If you are already holding BTC, or purchasing BTC with other alts, the fork really is like free money. However I think if someone is buying with fiat, or wants significant upside, then the reasoning changes. You'd have to use much more fiat or alts to buy BTC to get the equivalent BTCP you'd get buying ZCL. And for people with limited funds I think it is probably much better to buy ZCL for the fork than BTC. Say someone has $10,000 to invest. The upside if they buy BTC for the fork is only 1 BTCP. Right now for the same amount of $10k they could buy almost 70 ZCL. So while there is more risk the upside is potentially much better with 70 BTCP. So in that case I think it would be better to buy ZCL to qualify for the fork than wasting time moving $10k around to get 1 BTCP.

SmileyBob

newbie

Activity: 6

Merit: 0

Quote from: Ned Kelly on February 15, 2018, 08:56:28 PM

In my opinion it's better to buy bitcoin in order to qualify for this fork. Bitcoin price will not be affected by this fork price. On the other hand zcl price will drop. Also, there is no guarantee that combine zcl and bitcoin private combine price will be higher than zcl price now. So it will be gamble for zcl holders and free money for btc holders.

Where is the guarantee that btcp will be listed on a high-volume exchange before april 1st 2018? I say there will be a huge panic sell on zcl, then miners with old cards (7950 & 280x) will shut down all their hardware... there will be a lot of older gpu available, and maybe the retail prices for newer gpu will go down as well...

The mining prices don't look good for after that fork, miners will run away from zcl into the zec, then will panic because of the increased difficulty... Since the difficulty will go up on the profitable coins and we'll lose zcl (low price) & zec (too difficult), hush (difficulty varies too much), btg & komodo (difficulty too high compared to whattomine results)...
recession is coming and will last for at least 2-3 months until bitcoin recovers to usd $18,000.

Ned Kelly

full member

Activity: 170

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In my opinion it's better to buy bitcoin in order to qualify for this fork. Bitcoin price will not be affected by this fork price. On the other hand zcl price will drop. Also, there is no guarantee that combine zcl and bitcoin private combine price will be higher than zcl price now. So it will be gamble for zcl holders and free money for btc holders.

XCNP

sr. member

Activity: 728

Merit: 250

Let's see how this fork plays since it is much more different by mixing up other coins. Fortunately being hodler I have Bitcoins to qualify for this upcoming fork at the end of this month. That's sound good that buying other coins for forked ones isn't good strategy specially after this was announced so hold on whatever you have and minimize the risk.

SimpleMan

full member

Activity: 462

Merit: 100

The Standard Protocol - Solving Inflation

Quote from: brooklynite1 on February 13, 2018, 01:11:17 PM

Quote from: SimpleMan on February 13, 2018, 07:43:20 AM

Quote from: eXpl0sive on February 04, 2018, 12:31:06 PM

Quote from: SimpleMan on February 04, 2018, 11:56:31 AM

So the cheapest way to get Bitcoin Private is probably to buy ZCL? Unless I believe Bitcoin Private will drop under current ZCL prices.

That is correct. And that's the reason for the recent price rise in ZCL.

I am on the edge of buying ZCL but not so sure about it.

Pump Pump Pump! Watch out!

I decided against buying even though it might have been a seemingly bad decision. But didn't want to take this risk of others dumping on me right away.

br2459

full member

Activity: 269

Merit: 102

Quote from: bubbagump on February 14, 2018, 11:00:58 AM

It looks like the initial distribution will account for more than 20.1 million coins (approximately 16,864,500 BTC + 3,312,500 ZCL) already which leaves less than 900K left to still be mined so what happens when 21 mil is reached? Also, how many coins per block?

Considering that there isn't even a whitepaper when the "fork" date is so close, this just looks like a scheme for ZCL holders to pump the price and dump their bags on unsuspecting idiots.

No whitepaper released yet but it's on the roadmap. See there tweet on Feb 1st.

https://twitter.com/bitcoinprivate/status/959251814368628737

bubbagump

jr. member

Activity: 104

Merit: 3

It looks like the initial distribution will account for more than 20.1 million coins (approximately 16,864,500 BTC + 3,312,500 ZCL) already which leaves less than 900K left to still be mined so what happens when 21 mil is reached? Also, how many coins per block?

Considering that there isn't even a whitepaper when the "fork" date is so close, this just looks like a scheme for ZCL holders to pump the price and dump their bags on unsuspecting idiots.

vlom

legendary

Activity: 1498

Merit: 1117

Quote from: Dimedroll on February 13, 2018, 03:26:14 PM

I mine ZCL approximately 1 month and like it)
Join to this hardfork
Can I use Electrum wallet for this hardfork by Mac OS?

yes you can use this wallet. but you have to rename it if you are using electrum wallet for BTC too. you can just give the app inside the dmg a new name like electrum-z. after you launched the wallet the first it will create a unique folder .electrum-zcl. so no conflict with other eletrumn wallets.

Dimedroll

full member

Activity: 154

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I mine ZCL approximately 1 month and like it)
Join to this hardfork
Can I use Electrum wallet for this hardfork by Mac OS?

PandaPool.io

newbie

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https://pandapool.io — fist mine pool for BTCH! start from February 28th, 2018

Topic: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] - page 143. (Read 117372 times)