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Topic: [UPDATED]: [BREAKING NEWS]: It Is Now 1st August 12:20 UTC (Read 7233 times)

sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
I don't understand what will happen after 1st August and What was happen on 1st August? Somebody, please explain this. So, It will be great for me. Advanced Thanks a lot.
legendary
Activity: 2954
Merit: 1159
I cant see any effects on bitcoin so far, as i can see the price of bitcoin are still strong but i dont know if the split happened already. In my view maybe theres  a small affect on bitcoin price but it will not beat the bitcoin itself.
Yes. BTC price is higher than 24 hours ago. It is getting stronger.

BTC is rising because the update went well, BCC split has nothing to do with the update itself.
This does not mean that the BTC price won´t be affected by the BCC fork.

So does all this not make a problem on bitcoin? or make the bitcoin price increasing. Wink

Yes, bitcoin price will surely increase. It already increased from 1900$ to 2700+ $ a week ago when BIP91 was locked in. And now it is somewhat stable between 2650 to 2850$ and it is a very good price. One cannot expect bitcoin price to rise to 4000$ or 5000$ in a day or week as most bitcoin experts were claiming that bitcoin will cross 4000$ if softfork happen on August 1. The point missed here is that it will surely go up and beyond 4000$ but it will not happen in a day or two.



I really wonder why people are so much greedy and do not settle with price of 2700 Dollars. Remember in January 2017, we were happy that bitcoin reached 1000$ . Who would have thought that in the matter of six months we shall be near the 3000$ Bitcoin price. The current price of bitcoin is very attractive and i wish it remain stable on here for many weeks after the fork.
hero member
Activity: 798
Merit: 500
I cant see any effects on bitcoin so far, as i can see the price of bitcoin are still strong but i dont know if the split happened already. In my view maybe theres  a small affect on bitcoin price but it will not beat the bitcoin itself.
Yes. BTC price is higher than 24 hours ago. It is getting stronger.

BTC is rising because the update went well, BCC split has nothing to do with the update itself.
This does not mean that the BTC price won´t be affected by the BCC fork.

So does all this not make a problem on bitcoin? or make the bitcoin price increasing. Wink

Yes, bitcoin price will surely increase. It already increased from 1900$ to 2700+ $ a week ago when BIP91 was locked in. And now it is somewhat stable between 2650 to 2850$ and it is a very good price. One cannot expect bitcoin price to rise to 4000$ or 5000$ in a day or week as most bitcoin experts were claiming that bitcoin will cross 4000$ if softfork happen on August 1. The point missed here is that it will surely go up and beyond 4000$ but it will not happen in a day or two.

member
Activity: 112
Merit: 10
Best practices to be safe after the fork. Hopefully this will help some people still unclear on how to do things.

1-    Wait until after the fork when a few BCC blocks have been mined. There is no hurry, you can wait a day, a week, etc. Copy the BTC private key where you have your BTC funds.

2-    Move all your bitcoin BTC to a new wallet with a new private key. BCC has replay protection, so you will be able
to move your BTC without moving your BCC.

3-    Wait until your Bitcoin BTC is confirmed in the new wallet. Be sure to complete steps 1-3 before moving to step 4.

4-    Install a Bitcoin Cash (BCC) wallet and enter the private keys of the original wallet (the wallet you just moved
your Bitcoin BTC out of). To be maximally safe, the BCC wallet should be installed on a different machine than the one
that has your new Bitcoin BTC wallet on it. You can find a list of BCC wallets on the Bitcoin Cash website.

5-    This step isn’t necessary, but as a final step you may want to move your BCC to a new BCC wallet with a new private key, just to help ensure you don’t mistake your BCC wallet address for the BTC address it used to be.


good advice.
member
Activity: 111
Merit: 17
Bitcoin ABC  Grin
What is bitcoin abc? I just heard it.

It's their new crapcoin node software : https://bitnodes.21.co/nodes/
Someone spun up ~4000 nodes of it in the last few hours. Most all of them Amazon AWS based .. so they must be rich if they want to actually use the nodes.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Bitcoin ABC  Grin
What is bitcoin abc? I just heard it.

I THINK he means Bitcoin "by the numbers" or, this is elementary my Dear Watson...  Cheesy
sr. member
Activity: 1050
Merit: 250
Bitcoin ABC  Grin
What is bitcoin abc? I just heard it.
full member
Activity: 200
Merit: 100
So far, no chain split detected. I also see that the BCC nodes are far behind regular nodes. If at one point BCC will finally mine another node, but this will be super old, does it mean that other nodes will just reject it?
sr. member
Activity: 560
Merit: 250
I cant see any effects on bitcoin so far, as i can see the price of bitcoin are still strong but i dont know if the split happened already. In my view maybe theres  a small affect on bitcoin price but it will not beat the bitcoin itself.
Yes. BTC price is higher than 24 hours ago. It is getting stronger.

BTC is rising because the update went well, BCC split has nothing to do with the update itself.
This does not mean that the BTC price won´t be affected by the BCC fork.

So does all this not make a problem on bitcoin? or make the bitcoin price increasing. Wink
hero member
Activity: 1085
Merit: 500
hi =D
Bitcoin ABC  Grin
newbie
Activity: 14
Merit: 0
Final block mined!! time to wait for BCC blocks now...
member
Activity: 107
Merit: 10
I've got amazing powers of observation
Best practices to be safe after the fork. Hopefully this will help some people still unclear on how to do things.

1-    Wait until after the fork when a few BCC blocks have been mined. There is no hurry, you can wait a day, a week, etc. Copy the BTC private key where you have your BTC funds.

2-    Move all your bitcoin BTC to a new wallet with a new private key. BCC has replay protection, so you will be able
to move your BTC without moving your BCC.

3-    Wait until your Bitcoin BTC is confirmed in the new wallet. Be sure to complete steps 1-3 before moving to step 4.

4-    Install a Bitcoin Cash (BCC) wallet and enter the private keys of the original wallet (the wallet you just moved
your Bitcoin BTC out of). To be maximally safe, the BCC wallet should be installed on a different machine than the one
that has your new Bitcoin BTC wallet on it. You can find a list of BCC wallets on the Bitcoin Cash website.

5-    This step isn’t necessary, but as a final step you may want to move your BCC to a new BCC wallet with a new private key, just to help ensure you don’t mistake your BCC wallet address for the BTC address it used to be.
sr. member
Activity: 644
Merit: 299
I guess it is on now!
sr. member
Activity: 252
Merit: 250
This is cool and all but you know nothing is going to happen right? And if by some miracle something relevant actually does happen it will just be reversed in a couple days..... people love hype these days
full member
Activity: 212
Merit: 102
Bitcoin cash live stream REAL countdown:
https://www.youtube.com/watch?v=o6QJxMWngn4
legendary
Activity: 1001
Merit: 1003
//DOUBLE EDIT:  I suppose the mempool isn't particularly full right now.  Maybe they need a few more tx to include before they can fork.

the mempool that you see is bitcoin mempool not BCC mempool. the transactions that you see in bitcoin mempool are now invalid on BCC chain so they can not mine them.
that is why i made this topic and asked the question: https://bitcointalksearch.org/topic/how-will-the-bcc-fork-happen-fill-the-block-with-fake-tx-2058548
they need BCC transactions which are different with a different signature which is also invalid on bitcoin chain!

now the question is who will make BCC transaction right away!!!

I think this is right, as they claim to have replay protection ... so a BTC tx wont be valid there (not sure about vice versa).
Does the reverse also hold?

EDIT: Also, it could be that some miners are collecting BCC blocks and will push them out all at once (the "selfish miner" attack).
hero member
Activity: 887
Merit: 516
Bitcoin OG

Bitcoin crypto market dominance 48.8% Bitcoin ready to skyrocket as it is freed from moochers who have held back the blockchain for so many years.
hero member
Activity: 1470
Merit: 655
//DOUBLE EDIT:  I suppose the mempool isn't particularly full right now.  Maybe they need a few more tx to include before they can fork.

the mempool that you see is bitcoin mempool not BCC mempool. the transactions that you see in bitcoin mempool are now invalid on BCC chain so they can not mine them.
that is why i made this topic and asked the question: https://bitcointalksearch.org/topic/how-will-the-bcc-fork-happen-fill-the-block-with-fake-tx-2058548
they need BCC transactions which are different with a different signature which is also invalid on bitcoin chain!

now the question is who will make BCC transaction right away!!!
legendary
Activity: 1001
Merit: 1003
Lets hope that no one mines a large block for several days. That will be the end of it then. Untested and quickly written bunch of code is a bad idea anyway.
hero member
Activity: 1064
Merit: 529
It's time they forked off with their shitcoin.
Not yet. Well it's not mentioned that the fork will happen exactly at 12.20 UTC, it can happen anywhere after 12.20 pm. Well at least BP148 was activated without no issues today, hoping for this fork to also take place without any problems. 
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