Fastest way to Dump BCC tomorrow at 12:20pm UTC? Timing is important - page 3.

joebrook

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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?

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.

DeadlyCalculator

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It's important to dumb BCC as soon as possible since bitcoin's value is gonna go down the moment the fork happens. And you wanna retain as much of that value as possible.

Also, BCC value is gonna drop, so even if you wanted to hold BCC for some reason, it'll still be beneficial to sell right away and buy back the amount you originally had at a fraction of the price.

manselr

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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)

Im using a full node, can I export the private keys into the Electron Cash software? Is the format compatible or there will be problems?

Ideally, you want to run both nodes (Bitcoin Core node and Bitcoin Cash nodes) and them import the keys to guarantee everything goes right, but even if I already have my blockchain downloaded, I would need the verify the entire blockchain on the Bitcoin Cash node, and who knows how much time that will take, it may take an entire day of verification, my computer is not very fast, I guess with a modern i7 it wouldn't be a problem tho, so I recommend if you have a full node already, do that if your computer is fast.

Lionidas

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What you talking about?

It has been done and issued out already:
https://yobit.net/en/trade/BCC/BTC#12H

Over an hour and half ago!

JorisK

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I'm not even gonna give it a try. It's a waste of my time.

I'll see what its worth after a while, but i expect it to be around 1$/bch.

amacar2

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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)

HabBear

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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.

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.

tavr

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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?

let's wait untill tomorrow and we will see Wink

Bitforking

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

Kaller

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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 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.

very_452001

sr. member

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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?

Topic: Fastest way to Dump BCC tomorrow at 12:20pm UTC? Timing is important - page 3. (Read 3303 times)