Fastest way to Dump BCC tomorrow at 12:20pm UTC? Timing is important - page 2.

Golftech

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Quote from: ?? on ??

Keep your Bitcoin on exchange which give you BCC after fork and have BCC/BTC or BCC/USD is the fastest way if you can trust the exchange Roll Eyes

Otherwise, send your BCC from your wallet as soon as fork happened with higher tx fees and sell it quickly after the transaction is confirmed or sell it later when the price rise if you think BCC can survive like ETC.

no one knows what will happen so i agree better to keep your btc inside an exchange which supporting this split so you can grab your free bcc
and dumped it right away if you just want a free money but likewise if you trusting this chain better to hold and wait for big progress.

ahmedjadoon

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Quote from: ?? on ??

Keep your Bitcoin on exchange which give you BCC after fork and have BCC/BTC or BCC/USD is the fastest way if you can trust the exchange Roll Eyes

Otherwise, send your BCC from your wallet as soon as fork happened with higher tx fees and sell it quickly after the transaction is confirmed or sell it later when the price rise if you think BCC can survive like ETC.

I have BTC on Kraken which claims that it will offer free BCC. How likely is that both BTC+BCC=<$2900(Current BTC value)?
I just want to know if it's better to convert to USD before the fork.

ahmedjadoon

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Is it likely that BTC price will dump as a result of split?

Wendigo

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If you really wanted first hand action on the hectic trading you should have either kept your Bitcoins on an exchange that offered to split the coins for your or just bought BCC futures instead. Some people will have quite an advantage over the rest and some will probably end up picking up scraps because they were too slow.

Dimelord

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Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

So whats the fastest way to dump bcc, whats everybody's plans?

Also do we have to split BCC from BTC first in our wallets which means even more precious time consumed correct?

I think that there will be no need for you to take that much tensions and increase your blood pressure as i think that probably split will not happen and no BCC,only BTC.Even most BCC supporters are already worried that no big exchange has given support to BCC.Just sit back in your seat and watch the climax eating your popcorn.

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

Quote from: Netnox on July 31, 2017, 11:06:44 PM

Roger Ver has already said that he is ready to dump his huge Bitcoin stash (estimated to be worth around BTC300,000) to purchase BCC. If the Bitcoin Cash lists at around BTC0.01, then Ver just needs to spend 25% of his coins to purchase half of all the BCC tokens.

Let's see if he puts his bitcoins where his mouth is.

Netnox

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Roger Ver has already said that he is ready to dump his huge Bitcoin stash (estimated to be worth around BTC300,000) to purchase BCC. If the Bitcoin Cash lists at around BTC0.01, then Ver just needs to spend 25% of his coins to purchase half of all the BCC tokens.

Yuhee

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Quote from: sylance on July 31, 2017, 07:59:20 PM

It'll be interesting to see the exchanges handle this... I don't imagine they're all going to list BCC at the same time. I'm on Bitfinex and I know they're supporting it but I wonder when it'll list.

Well the bright side is surely there will be profit during bcc dumping by members and traders. Because we've already got nothing to lose in the splitting. Even if the price goes to only 10$, there is alwAys a profit. But off course after dumping, a lot of coins too will have there own pump. New era for bitcoiners as they say.

sylance

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It'll be interesting to see the exchanges handle this... I don't imagine they're all going to list BCC at the same time. I'm on Bitfinex and I know they're supporting it but I wonder when it'll list.

very_452001

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Doesnt bitcoin cash have replay attack protection?

Minecache

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Vave.com - Crypto Casino

Not worth the risk of a replay attack and losing all your btc.

very_452001

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Quote from: Gintama214 on July 31, 2017, 01:29:11 PM

Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

So whats the fastest way to dump bcc, whats everybody's plans?

Also do we have to split BCC from BTC first in our wallets which means even more precious time consumed correct?

First of all there is nothing to get worry about it until it happens, don't think make your own scenario of it and it makes you worry of it. Aug 1 is tomorrow, what we can do is just wait until it happens, no point of worrying of something that your not sure of what will happen. I myself don't even think about it but when the time comes, that's when you take your action. You don't need to split your BCC from BTC it totally depends on you if there will be no split but if there will be a split, what would I do is just keep for it, and see if the price of BCC will pump or dump. What we can do now is just hope for the best and Good luck to everyone. Wink

What you mean it wont need manual splitting?

According to ledger nano s it requires manual splitting from the user:

https://blog.ledger.co/securing-your-free-bitcoin-cash-stash-d50aff765688

What do they mean by that?

freedomsr40

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Quick dump will not kill Bitcoin Cash, it will only give a great opportunity for their supporters to reload ammo at very low price and waiting for opportunity to come back. At least I think so.

Dump is actually "use it", if you don't support it just done use it at all.

very_452001

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Quote from: Kaller on July 31, 2017, 11:46:16 AM

Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

So whats the fastest way to dump bcc, whats everybody's plans?

Also do we have to split BCC from BTC first in our wallets which means even more precious time consumed correct?

I actually laughed at the first sentence. Seeing how Bitcoin Cash is getting completely rejected by all, it would not surprise me to see a negative value... hahaha. Grin

On a serious note, you have a point. Except it will not reach $0 because many people will be sleeping/working, etc.

negative value = debt correct?

very_452001

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Quote from: HabBear on July 31, 2017, 12:17:05 PM

Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

Haha, so you've bought some BCC already and are just planning to participate in the pump and dump? How noble of you.

Quote from: Kaller on July 31, 2017, 11:46:16 AM

I actually laughed at the first sentence. Seeing how Bitcoin Cash is getting completely rejected by all, it would not surprise me to see a negative value... hahaha. Grin

Exactly. I suppose what support exists is silent and will be demonstrated in the miners that turn away from BTC and toward BCC tomorrow and onward.

Remember, this is not a 24 hour answer. We will not know how this plays out over hours, it will take days or weeks to know the true fate of both of these coins.

So to the OP's point, I think you'll have multiple opportunities to make a quick profit on something you clearly don't give much of a shit about to begin with.

Haven't bought or received any BCC yet.

TravelMug

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Quote from: amacar2 on July 31, 2017, 12:24:31 PM

Just found that bitcoincash have already launched http://www.electroncash.org/ which I think is clone of electrum wallet. I will be testing it with small amount just after the split tomorrow but before I import my privatekey there I will move all of my bitcoin from that address to another address. And than I will send those free BCC from that wallet to yobit where I will quickly sell it for good amount (hope I can sell it at above $200)

I hope you can go back here mate to let us know about the result of your testing. I still have a few btc on my Electrum but I'm worried so I will just let it sit there for a while before dumping the equivalent BCC.

Quote from: Bitforking on July 31, 2017, 11:52:24 AM

you should sleep on it, as it for sure not going to get a negative value. you can only gain, no loss

Probably best advise as well. Just sleep it over and just wait everything tomorrow. You will not loss anything as long as you are not touching it. It will be dump for sure but I think it will not go to 0 or negative value.

bittraffic

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Its not going to end up zero, there will be supporters to BCC still.
We don't know yet which one is going to be supported by miners so hold your BCC still. Not everyone is going to reject BCC otherwise there isn;t the need to split.

Gintama214

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DONATION SENPAI PLEASE <3 <3

Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

So whats the fastest way to dump bcc, whats everybody's plans?

Also do we have to split BCC from BTC first in our wallets which means even more precious time consumed correct?

First of all there is nothing to get worry about it until it happens, don't think make your own scenario of it and it makes you worry of it. Aug 1 is tomorrow, what we can do is just wait until it happens, no point of worrying of something that your not sure of what will happen. I myself don't even think about it but when the time comes, that's when you take your action. You don't need to split your BCC from BTC it totally depends on you if there will be no split but if there will be a split, what would I do is just keep for it, and see if the price of BCC will pump or dump. What we can do now is just hope for the best and Good luck to everyone. Wink

manselr

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Quote from: anonppcoin on July 31, 2017, 01:11:55 PM

Quote from: joebrook on July 31, 2017, 12:50:03 PM

Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

So whats the fastest way to dump bcc, whats everybody's plans?

Also do we have to split BCC from BTC first in our wallets which means even more precious time consumed correct?

According to the figures at ViaBTC, BCC is currently trading against CNY by 1:1,900 which is the equivalent of about $282. I doubt the new currency will go down that quickly even though its been slipping since it was first listed on the website.

If you've followed futures trading for the ICOs, you would know that the futures usually trade at about 10x of what the real exchange price is going to be.

Bitcoin Cash futures:

https://coinmarketcap.com/currencies/bitcoin-cash/

$282.97 (-20.19%)
0.10172400 BTC (-22.04%)

Bitcoin Unlimited futures:

$235.00 (-1.32%)
0.08448010 BTC (-3.59%)

Looks like the price tends to go around $250 ish with the hardfork attempts, which if you theory is correct, the price should dump all the way down to $25 pretty quick. We will find out tomorrow, it's going to be exciting.

anonppcoin

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Quote from: joebrook on July 31, 2017, 12:50:03 PM

Quote from: very_452001 on July 31, 2017, 11:41:12 AM

Im worried that by the time I log into my wallet, send BCC to an exchange, log into exchange etc. that BCC may already reach $0 value meaning I was too late to dump so might as well hold right? No point selling it for pennies.

So whats the fastest way to dump bcc, whats everybody's plans?

Also do we have to split BCC from BTC first in our wallets which means even more precious time consumed correct?

According to the figures at ViaBTC, BCC is currently trading against CNY by 1:1,900 which is the equivalent of about $282. I doubt the new currency will go down that quickly even though its been slipping since it was first listed on the website.

If you've followed futures trading for the ICOs, you would know that the futures usually trade at about 10x of what the real exchange price is going to be.

Topic: Fastest way to Dump BCC tomorrow at 12:20pm UTC? Timing is important - page 2. (Read 3303 times)