I will buy it if the price goes down, if it has to buy it I will buy it now for the future.
Topic: Why this Fork is Different from the Ethereum one? (Read 423 times)
Maybe he did not send money but his private key?
As most of us may know in 2016 there was Ethereum hard fork after the infamous DAO hack. Many of us who invested in Ether and had Ether at the time received the same amount of ETC (the original one) and ETH (the altcoin coming out after the fork).
To receive both coins, all I had to do was to send my Ethers to Poloniex. After that the exchange automatically splitted the coins and I received both ETC and ETH. Then I withdrew them to my ether wallet.
It took no longer than 1 hour for the whole process. It was fast, clean, painless, easy and cheap.
Note that I sent the coins to Poloniex after the fork. (On a side note, I'd like to say I started using POloniex that time).
Now we know that a fork is gonna happen on August 1st for Bitcoin too. Many of us are pretty sure that Bitcoin Cash (the forked altcoin) is not gonna have a high value and will eventually have a short life. But that's actually free money, so why not claim it? But how?
There are already many guides around and most of them say the easiest way is to use exchanges (like bittrex or kraken), in a similar way we did for Ethereum. Then the exchange will split the coins on its own and we will just have to withdraw to our wallet(s).
But that's a big difference between this method and the one I used for Ethereum.
For the Ethereum fork, we sent the money to Poloniex after the fork. The guides I found for the Bitcoin fork suggest to send money to exchanges before the fork. I don't know if I'm missing something... If not, why the method many of us used for the Ethereum fork cannot be applied for the Bitcoin one as well?
To receive both coins, all I had to do was to send my Ethers to Poloniex. After that the exchange automatically splitted the coins and I received both ETC and ETH. Then I withdrew them to my ether wallet.
It took no longer than 1 hour for the whole process. It was fast, clean, painless, easy and cheap.
Note that I sent the coins to Poloniex after the fork. (On a side note, I'd like to say I started using POloniex that time).
Now we know that a fork is gonna happen on August 1st for Bitcoin too. Many of us are pretty sure that Bitcoin Cash (the forked altcoin) is not gonna have a high value and will eventually have a short life. But that's actually free money, so why not claim it? But how?
There are already many guides around and most of them say the easiest way is to use exchanges (like bittrex or kraken), in a similar way we did for Ethereum. Then the exchange will split the coins on its own and we will just have to withdraw to our wallet(s).
But that's a big difference between this method and the one I used for Ethereum.
For the Ethereum fork, we sent the money to Poloniex after the fork. The guides I found for the Bitcoin fork suggest to send money to exchanges before the fork. I don't know if I'm missing something... If not, why the method many of us used for the Ethereum fork cannot be applied for the Bitcoin one as well?
seriously ? i never knew that thing happened ?
you're sending your ETH to Poloniex after hard fork and they're processing your ETH to create ETC ?
That doesn't make a sense at all bro,it's chain split.From 1 Chain into 2 Chain which is have same charateristic.
So your method by sending after fork is completely nonsense.
if what you say was real i would like to do that right here and right now to double my money using that method.
If you don't want to do it by yourself,you can keep your Bitcoin to an exchanger that supporting BCC/BCH
like Bitfinex,Kraken,Bittrex, and other exchanger ( Actually pop out some rumor that BCC/BCH will never come up ) but it's not recomended because what happen if they say 'Your account hacked' or 'Exchanger has been hacked' or something like that ?
Many people recomend us to keep it by yourself/ourself into our cold storage/offline wallet because you/we have our private keys,because it's the key to open your clone asset
i don't know how that worked for you when you send your ETH "after" the fork but with bitcoin that won't work. you need to either
- send bitcoin to exchanges as you said for them to split it for you. and this is risky, your account can get hacked, the exchange can get hacked, they may even mess up and lose one chain! and say "sorry we lost it haha"!!!
- or you split it yourself and then send the coins each on different chain to a different address that your exchange generates to dump BCC and buy BTC.
https://blockchain.info/charts/utxo-count
- send bitcoin to exchanges as you said for them to split it for you. and this is risky, your account can get hacked, the exchange can get hacked, they may even mess up and lose one chain! and say "sorry we lost it haha"!!!
- or you split it yourself and then send the coins each on different chain to a different address that your exchange generates to dump BCC and buy BTC.
Many of us are pretty sure that Bitcoin Cash (the forked altcoin) is not gonna have a high value and will eventually have a short life.
BCC either won't start at all or get attacked heavily, 51% attack, DDoS attacks, flooding the nodes, or even possibly the nodes crash simply because their code is rushed, buggy, untested, and changed a lot of things and is not prepared for a big block, or we may even see a big spam attack to shoot the block size to 8 MB and fill the blocks fast. remember the 200,000 unconfirmed transactions, and also see the massive number of UTXO sets these are ammunition for spam attackers...https://blockchain.info/charts/utxo-count
As most of us may know in 2016 there was Ethereum hard fork after the infamous DAO hack. Many of us who invested in Ether and had Ether at the time received the same amount of ETC (the original one) and ETH (the altcoin coming out after the fork).
To receive both coins, all I had to do was to send my Ethers to Poloniex. After that the exchange automatically splitted the coins and I received both ETC and ETH. Then I withdrew them to my ether wallet.
It took no longer than 1 hour for the whole process. It was fast, clean, painless, easy and cheap.
Note that I sent the coins to Poloniex after the fork. (On a side note, I'd like to say I started using POloniex that time).
Now we know that a fork is gonna happen on August 1st for Bitcoin too. Many of us are pretty sure that Bitcoin Cash (the forked altcoin) is not gonna have a high value and will eventually have a short life. But that's actually free money, so why not claim it? But how?
There are already many guides around and most of them say the easiest way is to use exchanges (like bittrex or kraken), in a similar way we did for Ethereum. Then the exchange will split the coins on its own and we will just have to withdraw to our wallet(s).
But that's a big difference between this method and the one I used for Ethereum.
For the Ethereum fork, we sent the money to Poloniex after the fork. The guides I found for the Bitcoin fork suggest to send money to exchanges before the fork. I don't know if I'm missing something... If not, why the method many of us used for the Ethereum fork cannot be applied for the Bitcoin one as well?
To receive both coins, all I had to do was to send my Ethers to Poloniex. After that the exchange automatically splitted the coins and I received both ETC and ETH. Then I withdrew them to my ether wallet.
It took no longer than 1 hour for the whole process. It was fast, clean, painless, easy and cheap.
Note that I sent the coins to Poloniex after the fork. (On a side note, I'd like to say I started using POloniex that time).
Now we know that a fork is gonna happen on August 1st for Bitcoin too. Many of us are pretty sure that Bitcoin Cash (the forked altcoin) is not gonna have a high value and will eventually have a short life. But that's actually free money, so why not claim it? But how?
There are already many guides around and most of them say the easiest way is to use exchanges (like bittrex or kraken), in a similar way we did for Ethereum. Then the exchange will split the coins on its own and we will just have to withdraw to our wallet(s).
But that's a big difference between this method and the one I used for Ethereum.
For the Ethereum fork, we sent the money to Poloniex after the fork. The guides I found for the Bitcoin fork suggest to send money to exchanges before the fork. I don't know if I'm missing something... If not, why the method many of us used for the Ethereum fork cannot be applied for the Bitcoin one as well?
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