I’m not sure bitcoin cash exist any longer
Because it is being delisted by exchange sure
Binance for example has delisted bitcoin cash
The hardfork wasn’t necessary, but in a bid to overturn bitcoin
Bitcoin cash ended up embarrassing the entire market
Topic: Can someone explain this mess to me? (Read 180 times)
Sorry if this is in the wrong section as I am not sure where it should go. However can someone explain to me what I now do with my Bitcoin Cash in a paper wallet. I read this morning that Bitcoin Cash no longer exists so I am assuming I now have private keys for both Bitcoin Cash ABC and Bitcoin Cash SV. If so how do I sweep these and get the coins? Also according to Cryptomarket capital Bitcoin Cash is valued at 414 USD. Bitcoin Cash ABC at 282 USD and Bitcoin Cash SV at 81 USD. The two new coins only add up to about 360 USD. So what the hell do I actually have an how is there still a value for Bitcoin Cash if it does not exist anymore.
Mods - please feel free to move to appropriate section if I should not have this post here but I am sick of all the infighting with Bitcoin camps which is pissing everyone else off and ruining the chances of making crypto mainstream.
Mods - please feel free to move to appropriate section if I should not have this post here but I am sick of all the infighting with Bitcoin camps which is pissing everyone else off and ruining the chances of making crypto mainstream.
In the first place I think you need to put this topic on this link https://bitcointalk.org/index.php?board=67.0
Then, second I doubt that BCH is not exist any longer because when I checked the market it is still exist. Try to check them out at the
https://coinmarketcap.com/ you can find out it is still belongs in the top 10 altcoins.
These forks must have their official wallets, something similar to bitcoin core, just use that and import your private keys and you should be fine.
A lot of exchanges has suspended deposits and withdrawal for Bitcoin cash so the price you're currently seeing is the last update before the suspension occurred I believe.
A lot of exchanges has suspended deposits and withdrawal for Bitcoin cash so the price you're currently seeing is the last update before the suspension occurred I believe.
Great everyone - thanks for the responses.
Sorry if this is in the wrong section as I am not sure where it should go.
Since you discuss about BCash, a proper place would be Altcoin Discussion
However can someone explain to me what I now do with my Bitcoin Cash in a paper wallet. I read this morning that Bitcoin Cash no longer exists so I am assuming I now have private keys for both Bitcoin Cash ABC and Bitcoin Cash SV.
This sounds correct. Just be careful on what wallet you use for this, the history is full of wallets that stole the underlying forked coins at/after sweep.
Also using an extra step - send first to another wallet of yours before sending to exchange - could keep you safer from replay attack (if I understood that kind of attack properly).
If so how do I sweep these and get the coins?
You should ask the 2 forks' communities, I don't know what wallets they have now.
Edit: also BCash thread can be good place for this.
Also according to Cryptomarket capital Bitcoin Cash is valued at 414 USD. Bitcoin Cash ABC at 282 USD and Bitcoin Cash SV at 81 USD. The two new coins only add up to about 360 USD. So what the hell do I actually have an how is there still a value for Bitcoin Cash if it does not exist anymore.
You already added up pretty good what you have.
Altcoin investments are risky, even riskier than Bitcoin, and even Bitcoin has lost 12%, possibly because of this mess.
As I wrote some time ago, BCash is about greed, hype and speculation, nothing else...
i don't know why they say it doesn't exist anymore but in any case since this fork was a hard fork that means you have to upgrade your software to be able to use it. so when you wanted to spend those coins all you have to do is to download the latest version of a BCH wallet that is compatible with the new changes and import your keys there.
the blockchain didn't go anywhere, they are just building blocks with different consensus rules on top of the old ones so your coins are still intact.
now as they create new blockchains with new consensus rules, it is copying the whole blockchain so your coins are also copied since coins are transaction outputs in the blockchain and you have all the new coins: BCH, BCHABC, BSV, BCHBLAHBLAH, BCHXYZ... something similar to what happen to bitcoin last year with about 50 forks and 50 coins!
the blockchain didn't go anywhere, they are just building blocks with different consensus rules on top of the old ones so your coins are still intact.
now as they create new blockchains with new consensus rules, it is copying the whole blockchain so your coins are also copied since coins are transaction outputs in the blockchain and you have all the new coins: BCH, BCHABC, BSV, BCHBLAHBLAH, BCHXYZ... something similar to what happen to bitcoin last year with about 50 forks and 50 coins!
Sorry if this is in the wrong section as I am not sure where it should go. However can someone explain to me what I now do with my Bitcoin Cash in a paper wallet. I read this morning that Bitcoin Cash no longer exists so I am assuming I now have private keys for both Bitcoin Cash ABC and Bitcoin Cash SV. If so how do I sweep these and get the coins? Also according to Cryptomarket capital Bitcoin Cash is valued at 414 USD. Bitcoin Cash ABC at 282 USD and Bitcoin Cash SV at 81 USD. The two new coins only add up to about 360 USD. So what the hell do I actually have an how is there still a value for Bitcoin Cash if it does not exist anymore.
Mods - please feel free to move to appropriate section if I should not have this post here but I am sick of all the infighting with Bitcoin camps which is pissing everyone else off and ruining the chances of making crypto mainstream.
Mods - please feel free to move to appropriate section if I should not have this post here but I am sick of all the infighting with Bitcoin camps which is pissing everyone else off and ruining the chances of making crypto mainstream.
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