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Topic: Aug 1 summary - page 34. (Read 96452 times)

member
Activity: 111
Merit: 26
August 02, 2017, 12:20:08 PM
what is the risk to import the core private keys to this wallet? With this is not possible to control the same private keys to both chains?
is not better?

Never import private keys into a wallet. Import your addresses using the 'importaddress' RPC call and sign your transactions offline using 'signrawtransaction'. This way your private keys never touch an online machine, so there's no risk of a misbehaving program stealing anything. The MMGen wallet manages your keys and performs all of these operations for you automatically. MMGen now supports BCH. You can even run BTC and BCH nodes at the same time and transact simultaneously on both chains.
newbie
Activity: 23
Merit: 0
August 02, 2017, 12:13:30 PM
I see a lot of people cursing the bitcoin cash fork, but I only see profits, the bitcoin price still the same while u have receive a new coin with a value that a few hours ago rise until almost 700 $, so... I cant believe that most of people here are recommending to not claim yours BCC... Otherwise I feel to many people that not support bitcoin cash at it's beginning, like Coinbase and anothers exchanges, but had Bitcoin, are making huge benefits nowadays... so... reading this post looks like reversed world...
sr. member
Activity: 546
Merit: 250
August 02, 2017, 12:13:07 PM
I think Bitcoin Cash will be just like an altcoin which can be bought and sold using Bitcoins. Though it is also true that some exchanges said their users will be deposited bitcoin cash in exchange of bitcoins in their wallets. And also there are some exchanges also that claims bitcoins will remain bitcoins.
full member
Activity: 266
Merit: 107
I got BTC-e'd... I got WEXed...
August 02, 2017, 12:12:19 PM
I sent a few bitcoins through blockchain.info from different addresses and after that I checked my balance of BCH via Electron Cash and what I saw: All BCH are sent at the same time with the same tx but blockchain like blockdozer or blockchair doesn't show this tx and balances of my BCH wallets is zero!  WTH? At this time I sent a few btc through Mycelium and it worked fine! Whose fault is it?


sr. member
Activity: 478
Merit: 253
August 02, 2017, 12:10:54 PM
I don't understand someone can claim BCH from his/her BTC without losing his same number of bitcoins ?
is this free money created ?
hero member
Activity: 2548
Merit: 950
fly or die
August 02, 2017, 12:02:18 PM
...
First learn how Bitcoin actually works.

In the thin client section 4 you mention importing your "private keys". If i only had one wallet and only intended to send it to one wallet would your "private keys" read just "private key" . I've only got one wallet and only intend to send it to one wallet (very small amount)
What is a wallet? A wallet is a collection of key pairs. If you have BTC on multiple addresses, then we are talking about multiple private keys. If all your Bitcoin are on a single address, then you only need the private key of that address.

i would really prefer to use core because i only have to trust core, im in the process of installing it...
You don't have to trust Bitcoin Core. You can review the whole code yourself, compile and build the wallet. Alternatively, you are not just "trusting" Core, but every single person that has ever reviewed that code.

Thanks! I appreciate your help!
You're welcome.

learn how bitcoin works, lol, I gota' learn how to ask a question first.... i missed a sentence or two and really should adopt "import" and "export" more, it would show my questions in a different light...you must sit there shakin' your head half the night lol....

A paper wallet is the same thing as a normal wallet, the idea is to generate it offline (computer not connected to the web, preferably using a bootable CD) and to only use the private key when you want to empty it. If you decide to import the private key instead of sweeping it, you can then use it as any other wallet. I didn't understand your quesiton about a broker though, do you have the private key of the current address where your BTC are ?
hero member
Activity: 2548
Merit: 950
fly or die
August 02, 2017, 11:58:39 AM
what is the risk to import the core private keys to this wallet? With this is not possible to control the same private keys to both chains?
is not better?

You're giving the key to your money to a random, unproven, untested piece of software.
member
Activity: 61
Merit: 10
AWorldWideWebOfReasons AWorldWideWebOfResults
August 02, 2017, 11:58:27 AM
...
First learn how Bitcoin actually works.

In the thin client section 4 you mention importing your "private keys". If i only had one wallet and only intended to send it to one wallet would your "private keys" read just "private key" . I've only got one wallet and only intend to send it to one wallet (very small amount)
What is a wallet? A wallet is a collection of key pairs. If you have BTC on multiple addresses, then we are talking about multiple private keys. If all your Bitcoin are on a single address, then you only need the private key of that address.

i would really prefer to use core because i only have to trust core, im in the process of installing it...
You don't have to trust Bitcoin Core. You can review the whole code yourself, compile and build the wallet. Alternatively, you are not just "trusting" Core, but every single person that has ever reviewed that code.

Thanks! I appreciate your help!
You're welcome.

learn how bitcoin works, lol, I gota' learn how to ask a question first.... i missed a sentence or two and really should adopt "import" and "export" more, it would show my questions in a different light...you must sit there shakin' your head half the night lol....

KNK
hero member
Activity: 692
Merit: 502
August 02, 2017, 11:54:09 AM
i now have 8.07 coins in a core wallet  which means i have 8 + 8

or  8 x 2700 + 8 x 1000 but that 8000 is frozen  for a bit.
and when they get unfrozen their value will be close to 0.

The price surge right now is because there is a limited amount of coins in the exchanges that provided them. It is easy to buy a large amount of them at lower price and the shortage drives the price higher ... then you drop them at higher price with profit and the price goes down ... then you buy again and then ... until the exchanges open deposits and a fresh volume of coins comes, then guess who will sell first before even the first deposit gets confirmed? No way to get any value from those 8 BCH
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
August 02, 2017, 11:43:07 AM
what is the risk to import the core private keys to this wallet? With this is not possible to control the same private keys to both chains?
is not better?
member
Activity: 182
Merit: 10
August 02, 2017, 11:40:07 AM
so can anyone explain what changed in BTC code? 

You can see that on the following website:https://github.com/bitcoin/bitcoin

hero member
Activity: 894
Merit: 501
August 02, 2017, 11:23:07 AM
glad that this fork's effects are insignificant.
time will tell.

It's been almost 24 hours and only 3 blocks mined .. i am guessing that Bitcoincash will die and people just trade with what ever airdrop they got on any exchanges unless miners shift from BTC to BCC pools  Grin



There are no few blocks getting mined currently because they have to slow down the mining for a 12 hour period in order to dramatically lower the difficulty level, so that they can mine properly with what they've got thereafter
sr. member
Activity: 387
Merit: 251
Your Campaign Manager!
August 02, 2017, 11:19:09 AM
glad that this fork's effects are insignificant.
time will tell.

It's been almost 24 hours and only 3 blocks mined .. i am guessing that Bitcoincash will die and people just trade with what ever airdrop they got on any exchanges unless miners shift from BTC to BCC pools  Grin

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
August 02, 2017, 11:11:21 AM
glad that this fork's effects are insignificant.
time will tell.
full member
Activity: 280
Merit: 108
August 02, 2017, 11:07:08 AM
thanks for the update.. glad that this fork's effects are insignificant.
member
Activity: 224
Merit: 10
I happy to part this Bitcoin Forum
August 02, 2017, 10:52:15 AM
Finally, the long wait is over. I saw the new changes today at the coin market. There are two separate Bitcoin: The Bitcoin & the Bitcoin Cash. I would like to congratulate the Bitcoin holders.
sr. member
Activity: 387
Merit: 251
Your Campaign Manager!
August 02, 2017, 10:28:18 AM
I have a keepkey hardwallet with 3 BTC before the fork.
Do I have to do something? Should I do something?

Thanks!

Claiming BCC is optional.. unless you want to claim BCC , you don't need to do anything and continue using BTC normally.

if you like to claim BCC, wait until someone's reply who claimed BCC from keepkey but i doubt if it works or not.
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
August 02, 2017, 10:26:46 AM
I have a keepkey hardwallet with 3 BTC before the fork.
Do I have to do something? Should I do something?

Thanks!

you don't have to do anything

should BCH actually become liquid and of value in the future you can deal with it then
newbie
Activity: 1
Merit: 0
August 02, 2017, 10:13:42 AM
I have a keepkey hardwallet with 3 BTC before the fork.
Do I have to do something? Should I do something?

Thanks!
full member
Activity: 163
Merit: 100
August 02, 2017, 10:12:09 AM
Great information, at least for member like me that use bitcoin most only for gambling ans betting purpose..

But its still had chance turbulance and technical issue until 10th august rite?
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