Topic: Regarding FORK rumors about 2 coins for 1 if you have btc stored correctly. T/F? (Read 454 times)
July 30, 2017, 12:44:09 AM
The event of bitcoin hard fork, means the value of bitcoin will be divided between the two. Found some article about the value of both coins after the split. If all goes according to plan, you will get the equivalent amount in BCC if you control the private keys for your BTC, if not then that your BTC is at risk.
July 29, 2017, 11:50:06 PM
🦋✨🦋✨🦋
I keep seeing little tidbits across the forum that hint at some kind of 2 for 1 phenomenon if my coins are stored in a wallet for which I have the private key. What I want to know is whether or not this rumor is true and if it is… Can anybody explain the technical details of how such a thing can happen? Wouldn't this mean bad things for the values? Thank you for taking some time to share your knowledge. 🦋✨🦋✨🦋
I keep seeing little tidbits across the forum that hint at some kind of 2 for 1 phenomenon if my coins are stored in a wallet for which I have the private key. What I want to know is whether or not this rumor is true and if it is… Can anybody explain the technical details of how such a thing can happen? Wouldn't this mean bad things for the values? Thank you for taking some time to share your knowledge. 🦋✨🦋✨🦋
Essentially, if you control the private keys of wallets where you have your bitcoins, you can get an equivalent amount of bitcoin cash after the fork on August 1. It is ridiculous to consider at as a 2 for 1 phenomenon.
July 29, 2017, 10:50:38 PM
Apparently Bitmain is going to point some hashpower at a hard fork of Bitcoin
do you have a reference for this?
according to their blog Bitmain clearly said they do not support bitcoin cash [1]. it is ViaBTC that is pushing for it. they are supporting SegWit and plan on continuing to support SegWit2x so far as i understand.
https://blog.bitmain.com/en/regarding-bitcoin-cash-viabtc-bitcoin-abc/
July 29, 2017, 10:07:54 PM
Apparently Bitmain is going to point some hashpower at a hard fork of Bitcoin (one which copies the Bitcoin UTXO set) starting on August 1. As a result, if you hold one bitcoin before the fork, you would also hold one "Bitcoin cash" after the fork. Unfortunately due to replay attacks, I suspect many people who try to access their "BCC" without looking into how to secure their bitcoins first, will end up losing precious bitcoins in trying to obtain the airdrop.
July 29, 2017, 10:04:11 PM
🦋✨🦋✨🦋
I keep seeing little tidbits across the forum that hint at some kind of 2 for 1 phenomenon if my coins are stored in a wallet for which I have the private key. What I want to know is whether or not this rumor is true and if it is… Can anybody explain the technical details of how such a thing can happen? Wouldn't this mean bad things for the values? Thank you for taking some time to share your knowledge. 🦋✨🦋✨🦋
I keep seeing little tidbits across the forum that hint at some kind of 2 for 1 phenomenon if my coins are stored in a wallet for which I have the private key. What I want to know is whether or not this rumor is true and if it is… Can anybody explain the technical details of how such a thing can happen? Wouldn't this mean bad things for the values? Thank you for taking some time to share your knowledge. 🦋✨🦋✨🦋
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