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Topic: Bitmain Cash was stillborn. (ITS DEAD!) (Read 5850 times)

sr. member
Activity: 462
Merit: 250
August 03, 2017, 08:06:16 PM
Not very profitable for mining operations to switch to BCH, saw this coming from a mile away.
Probably not now but could occur a  difficulty adjustement in case of hashrate drop, besides as it is mentioned somewhere: the hashrate supporting the chain is dependent on market price and hard to predict.In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop,then maybe it will only take more time to be profitable.
sr. member
Activity: 882
Merit: 282
August 03, 2017, 01:51:04 PM
If you follow the market especially on https//coinmarketcap. com you will agree with me that bitcoin Cash was not well plan. It is stiborn as many are just waiting for it to be exchange and covert it to bitcoin. I don't think there is any hope for them to over turn bitcoin core.
sr. member
Activity: 463
Merit: 250
August 03, 2017, 01:33:53 PM
private key import also possible but you need to choose new wallet for that.
I already moved BCC/BCH around while there were still blocks generated.

Without more hashpower this thing is dead. If difficulty drops too far it can be attacked.

Well, there's been 40+ blocks mined now and several difficulty adjustments. It seems the Bitcoin Cash blockchain is running fairly smoothly now. Regarding the possibility of attack: People said the same thing about Ethereum Classic. Chandler Guo even threatened a 51% attack openly, but no such attacks materialized.
But with blocksize 8 MB large as Bitcoin Cash, 51% attack is possible and this issue has warning before have Bitcoin Cash, I remember this warning have from the event Bitcoin Unlimit.
legendary
Activity: 1806
Merit: 1521
August 03, 2017, 01:19:06 PM
private key import also possible but you need to choose new wallet for that.
I already moved BCC/BCH around while there were still blocks generated.

Without more hashpower this thing is dead. If difficulty drops too far it can be attacked.

Well, there's been 40+ blocks mined now and several difficulty adjustments. It seems the Bitcoin Cash blockchain is running fairly smoothly now. Regarding the possibility of attack: People said the same thing about Ethereum Classic. Chandler Guo even threatened a 51% attack openly, but no such attacks materialized.
member
Activity: 112
Merit: 10
August 02, 2017, 01:40:44 PM
you are on the wrong chain read, it's all over here...
newbie
Activity: 18
Merit: 0
August 02, 2017, 01:28:49 PM
I tried to sweep some private key in electron-cash wallet, after long time two blocks were mined and I have two confirmations on the blockdozer, but electron wallet says still zero, how many confirmations you need to see bcc in the wallet ? some even say electron wallet is a scam, but at least i managed to get the private key to that public one whee its swept. so still hoping it will appear one day... unfortunately guess that time is bcc not worth of 0.4 btc not by a chance....
legendary
Activity: 2660
Merit: 1002
fly or die
August 02, 2017, 12:12:17 PM
I have moved all my BTC so I would only be risking the BCC.
sr. member
Activity: 854
Merit: 253
l0tt0.com
August 02, 2017, 11:59:58 AM
I don't have seeds as my addresses aren't generated that way. In Electrum I can add private keys to an existing wallet (that will of course not be backuped by the seed), it seems Electron doesn't allow this.

private key import also possible but you need to choose new wallet for that.

Thanks, I will try this.

If electron works anything like electrum, then they will have an option for you to import private keys through creating a new wallet.
In electrum, you have to create a wallet with the option to add your private keys. I've not done this on electron, but it may work.
I don't want to use that program since electrum has already warned about the possible dangers of using it.
If you transfer your balance in address the private you used for claim Bitcoin Cash, I think not have any issue about it because until today I not see loss my Bitcoin or Bitcoin Cash after use Electron Cash.
member
Activity: 112
Merit: 10
August 02, 2017, 11:47:08 AM
2 new blocks within short time and Bitfinex is trading now, still without deposits passible.
hero member
Activity: 896
Merit: 514
August 02, 2017, 11:46:20 AM
I don't have seeds as my addresses aren't generated that way. In Electrum I can add private keys to an existing wallet (that will of course not be backuped by the seed), it seems Electron doesn't allow this.

private key import also possible but you need to choose new wallet for that.

Thanks, I will try this.

If electron works anything like electrum, then they will have an option for you to import private keys through creating a new wallet.
In electrum, you have to create a wallet with the option to add your private keys. I've not done this on electron, but it may work.
I don't want to use that program since electrum has already warned about the possible dangers of using it.
legendary
Activity: 2660
Merit: 1002
fly or die
August 02, 2017, 11:40:53 AM
I don't have seeds as my addresses aren't generated that way. In Electrum I can add private keys to an existing wallet (that will of course not be backuped by the seed), it seems Electron doesn't allow this.

private key import also possible but you need to choose new wallet for that.

Thanks, I will try this.
legendary
Activity: 2814
Merit: 1192
August 02, 2017, 10:34:50 AM
OMG on Bittrex and Yobit its allready more than 1000$ Smiley))

Do not forget that this money is just because of split..Its free!!

How you can say that this is shit, if this shit give you a shittone of real cash!


Congrates comrades. Thanks Roger!
It won't give you anything. You can't deposit and even if you could you'd have to wait 11 hours for a confirmation. It's just pumped to the limits by limited supply. There are 2 outcomes. 1 it will be so slow that people will basically be unable to cash out. 2 it will be faster, but this will allow people to cash out and lower the price.
member
Activity: 112
Merit: 10
August 02, 2017, 09:29:36 AM
private key import also possible but you need to choose new wallet for that.
I already moved BCC/BCH around while there were still blocks generated.

Without more hashpower this thing is dead. If difficulty drops too far it can be attacked.
hero member
Activity: 888
Merit: 571
August 02, 2017, 09:25:46 AM
yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

It is possible to create a new wallet based on private key. Import into seed wallet makes no sense and is not possible.

On the other hand with 12 mined blocks so far it might take weeks to safely move this coin. No block for > 12h cant say for sure since explorer is not working.

on electron it's possible to import with seed, you just need to check the BCC node,the wallet follow the BTC nodes by default
to do that double click on the network status icon (green round one in the right bottom) and select the BCC node
member
Activity: 112
Merit: 10
August 02, 2017, 09:08:48 AM
yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

It is possible to create a new wallet based on private key. Import into seed wallet makes no sense and is not possible.

On the other hand with 12 mined blocks so far it might take weeks to safely move this coin. No block for > 12h cant say for sure since explorer is not working.
legendary
Activity: 1694
Merit: 1207
August 02, 2017, 08:55:47 AM
I deposited my BCC on ViaBTC to dump them, but could not withdraw the freshly earned BTC. It said that the BCC deposit is not confirmed yet. (Over a ~12hr period and despite the 6/6 confirmations required)
In the end, I managed to withdraw my coins. I sold BTC for CNY and bought LTC with the CNY.
Then I dumped the LTC to get the BTC ...

I mean, what the heck ? Did ViaBTC deliberately suspended BTC/BCC withdrawals ? To what end ?
Bittrex BCC wallet is in maintenance.
How is the situation on Bitfinex and other exchanges ?

Beside the only >1MB block with ~6k transactions, there is no block having more than 1k txs. Despite the fact that only about 10 BCC blocks were mined in total.

I'm not sure where this all thing is going, but it smells like another proprietary bullshit (ASICBOOST) mixed with a fractionnal reserve scheme.
If Roger Ver is buying all, or most, then he'll sit on a mountain of crap with no demand in market.

I clearly don't believe in the success of this ... i'm not even sure how to call that.
There is no other words for this beside "pile of monkey fuck".

You have to wait 20 confirmation on bcc network before withdraw your funds. Deposits on viabtc are confirmed after 6 blocks on btc and 20 on bcc network
legendary
Activity: 883
Merit: 1005
August 02, 2017, 08:48:47 AM
There have been only 12 blocks mined since the hard fork.

This is the reason the price is so high. No one can move BCC fast enough to dump it.

At the current rate it would take two days (standard 20 confirmations for the shitcoin network) to move BCC from a private wallet to an exchange to dump it.

The vast majority of Bitcoin Users HODLers* hold Bitcoin in private wallets on full node clients.

I stand by my claim that this scam coin is dead.

Over the next 24 hours you will see this shit coin crash harder then any shit coin in the history of crypto.

Ether take or ignore this advice but you do so at your own risk. 
full member
Activity: 479
Merit: 100
Enter the future of gaming
August 02, 2017, 08:24:43 AM
dennyd999 : so you think that from yesterday to today billions of dollars have been somehow added to cryptoland ?

From where did that money come from ?

It's the miracle of the multiplication of money by the Bitcoin Jesus, he double all of our coins with one simple fork, it doesn't require explanation, it's a miracle.

Roger, can you double my Litecoin also? That would be great.
legendary
Activity: 2660
Merit: 1002
fly or die
August 02, 2017, 08:17:27 AM
dennyd999 : so you think that from yesterday to today billions of dollars have been somehow added to cryptoland ?

From where did that money come from ?
full member
Activity: 392
Merit: 102
August 02, 2017, 08:16:59 AM
OMG on Bittrex and Yobit its allready more than 1000$ Smiley))


Well... it's still rather difficult to trade BCC so I don't think the price will settle here.  I'm not saying it's going to crash but I don't believe this is the real price point.  Definitely one to watch though!
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