If you were not aware in 4 days you can have 14%+ more of BTC for free.
For people who read about BTC daily this is nothing new. Initial part of the post is for those who are not aware.
On 1st August people who are not happy about where BTC is going (im not gonna go into details, there could be a book about this 2 camps) will launch Bitcoin Cash. It will be free for everyone who has BTC, you will just have to use private keys from your normal BTC wallets and import them to Bitcoin Cash clients.
Some exchanges will do it for you but to not wait and be sure you get your free stash its a good idea to move most of funds out to a wallet which allows keys export.
I would suggest everyone Electrum - its lightweight and decent - https://electrum.org/
Some exchanges said they will add BCC balances to their user accounts and some even confirmed opening the trading.
Also from news i see HitBTC will add it too (yes the exchange that has STEEM!), BitFinex and Bittrex will honor the balances.
and also Trezor and Ledger hardware wallets are safe spots.
Currently BTC is at 2677 USD and BCC at 388 USD
So if current prices stay or ratios dont move much it will be little above 14% free money after selling.
You can keep them and wait for some pump too.
Just be aware - exchanges may stop withdrawals at 29th/30th until even 2nd August so if you want to move out - do it on time.
Current BCC Trading
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All BTC wallets will also be getting sharedropped BTCX, which is Bitcoin migrated to the Graphene blockchain technology (3s transactions, 10,000 transactions per second, no more mining bs)
As @cob mentioned, it's called BTC-U
That's incredible. Im stashing all my Bitcoin in cold storage and looking forward to my free Bitcoin August 1st. Lets just hope this doesn't collapse the price of Bitcoin. I dont think it should. If I have my Bitcoin stored on my ledger wallet what is the procedure to get the 14% extra?
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HODL Bitcoin!!!... and f**k BCC... ;)
You are clueless. Hold BCC and FK BTC you mean. BTC has been hijacked by blockstream. Figure it out.
BCC is an attempt to gain dev control. BTC off chain scaling is not a bad thing.
The people pushing Bcash has no ulterior motives, right?
How is your BCC going mate..? 🤣still at $200? our BTC is still up 40% this year ;)
The safest paper wallet possible - follow these guidelines
https://steemit.com/bitcoin/@grahamsnoplus1/step-by-step-guide-to-transferring-your-bitcoin-to-a-virtual-paper-wallet-before-august-1st-2017
Support this!
That makes sense.
well i really think holding btc to get just 20% doesnt worth it, its better to just hold the alt bcos i see them pumping hard after august 1st
Isn't it called BTC-U?
There might be several it seems
Fallow me latest cryptocurrency trading update.
Don't keep your BTC on centralized exchanges if you don't want to be another "btc-e" victim. Don't get fooled with the +10% free money. Nothing is for free these days...(almost)
From what I can tell, its not BTC-e's fault, but more likely the US Govt has taken their servers.
Well, the guy that created Mt. Gox was the same guy that owns BTC-e. I'd rather not take the chance.
Dont tell me. Really? I thought he was behind bars!
Nobody can shutdown DECENTRALIZED exchanges like bitshares https://bitshares.org/
Never say never. If a significant amount of darknet proceeds begin flowing through DEX, it will be attacked one way or another by the authorities.
Very helpful information about Bitsshare.org and exchange.
Thanks.
liondani, why is eos not on bitshares?
You mean why bitshares is not on EOS... and the answer is: "because EOS is not yet ready."
Why do I have to sign up at Bitfinex or Hitbtc to buy EOS when there is Openleder/Bitshares? Is there a reason why there isn't a trading pair for EoS?
how do you even buy EOS?
He wasn't responsible for the Mt. Gox debacle?
I haven't seen any evidence for that. It's just that he and BTC-e were very laid back about anonymous users. Anonymous users with lots of coin. Bitcoin stolen from Sheep Marketplace moved through BTC-e. I've seen allegations that he's tight with Bitcoin Fog. So anyway, it's likely that BTC-e was just the logical place for the Mt. Gox thief to cash out.
I wouldn't be surprised if the Bitfinex hacked coins also came through BTC-E at some point.
but for 9/11
It's there fault
Here is a step by step guide on how to get your Bitcoin into the safest kind of paper wallet possible:
https://steemit.com/bitcoin/@grahamsnoplus1/step-by-step-guide-to-transferring-your-bitcoin-to-a-virtual-paper-wallet-before-august-1st-2017
Thanks. Just what i needed
I can only agree and I think this is a good advice in general. Never leave your money at exchanges. We have seen Mt. Gox, now BTC-e, although both circumstances seem different (Mt. Gox was a scam, BTC-e was likely taken down). But when your money is gone, you don't care much why right? Always stay as much on the safe side as possible. By that I mean risks are part of cryptocurrencies but unnessesary risks can be easily avoided.
seems legit, but where shuld i have my coins? I do not have mutch values, but some btc, some eth and some etc. all in poloniex.com, whats my best option?
Try some mobile wallet, e.g. Coinomi
coinomi will support bch ?
yes, it does
I'm using Exodus. It is a light wallet for many currencies. https://www.exodus.io/
For cold storage (offline) I like hardware wallets like trezor or ledger nano s
https://trezor.io/
https://www.ledgerwallet.com/products/ledger-nano-s
For my mobile I currently use Jaxx but it locks up sometimes.
Move it to tether short term.
Keep a small amount u need available for purchases or trading on exchange but have most offline. Print out the info and lock it up. Paper wallet only way to go
free money is just a bait this is the reason why a lot are being scamed...
free money is bait, don'not let yourself get scamed....
Can you explain what you mean about your comment?
ohh yeh bro . totally agree
How To create a paper wallet for any Cryptocurrency (In 7 steps)
yep I agreed with you @liondani
Read this before you support @craig-grant or @yuliana with your attention and time. https://steemit.com/craigrant/@matrixdweller/craig-grant-caused-someone-to-comiit-suicide
This is actually a viable and important story for Steemit. I suggest all to take the time to read the attached links.
Hi there, I have written something about the story behind the "fork" on 1st Aug. Would you have a read and give me an upvote if you find it helpful? Thanks a lot. https://steemit.com/steemit/@joyochung/the-war-behind-btc-and-bcc-and-how-you-make-money-out-of-it
BITCONNECT IS AN OBVIOUS PONZI AND @craig-grant SHOULD BE ARRESTED
BCC Futures Has Already Crashed :) !!!
As predicted! It will be $5 by September
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Thanks for sharing.
What happens when the exchanges have to tell everyone that they have more claims to BTC-C than they can provide?
CHAOS.
Look into a proper, FULL upgrade of Bitcoin, rather than a fork like this. Look into #Bitcoin-United.
bitcoin united is interesting, thanks!
i know of it, even spoke to @stan today but we dont know yet if its gonna launch and how - so still better to have keys outside of exchanges due to that
.
Agreed just take your BTC off exchanges and wait. When Ethereum forked I waited at least 30 days before trying to do the split to make sure everything was working for others before me.
BTC going up now could be attributed to fewer coins on exchanges as people are removing them. Also others could be buying more BTC to capitalize on the BCC fork.
Its all good in crytpo land this is what a free market is suppose to look like. Many of us have no idea of how a free market is suppose to function because we have never experienced one before crypto came on the seen.
Eventually all this bad money i.e. scam coins will be washed out in the laundry as good money i.e. solid coins, good projects replace the junk.
Great great point! And thank you for the insight! Is it worth it to get bcc for any btc that we are holding? Or too risky? And youre so right about the free market thing!
Thank you and yes it should be worth it as it's free money. I suggest wait it out before attempting it just to make sure it is working. You may not make as much as doing it asap but for me the risk of trying to get those extra coins early is not worth it.
Yep, a sound plan. It's what I'm doing as well. I'll be buying some more BTC before the split and then moving everything to my cold wallet. Then I'll be sitting down with my popcorn to watch the show over the next few weeks and when it's all over I'll be holding both my BTC and Bitcoin Cash and start playing agin.
Love the free market comment, you're so right that many of us have no idea what a free market actually looks like!
Thank you and yeah popcorn and free markets thats the ticket.
You don't understand what a free market is if you actually think bitcoin is a free market. Prices are controlled every single day in hour swaths of up in price by $200 followed by brief moments of down $200 in price and it usually happens several times a day. It's all quiet now in "anticipation" of the 14% "free money" that is coming your way on Aug 2nd or shortly afterwards. Don't forget..."if" the price of BTC and BTCC (BCC?) both drop you will be able to blame it on "manipulation" But teh ave crypto believer doesn't even know what "actual" manipulation looks like. Just watch this live ticker using the 3 hour window and you will see "manipulation" via the large volume spikes when it is time to "daytrade" the rallies and selloffs. Go find something more manipulated than crypto prices...I dare you to. :-)
http://bitcointicker.co
I dont think a free market is defined by it's lack of manipulation. I know that there are backroom deals, pump and dump groups, fake exchange orderbooks and much more.
My point is that when anyone anywhere in the world can publish the code for an alternative form of cash with out permission. This is a sign of a healthy market and the closest thing we have to a free market.
I always use a cold hardware wallet for my crypto -( I use Trezor) - I am going to hold both my Bitcoin and Bitcoin Cash - Long-Term everything will be worth so much more ;-) Retirement ;-)
I actually think Bitcoin cash could do very well long-term - ultimately although it is just another alt coin it has the best brand available - they call them selves bitcoin people are gonna use them! in a year's time they will be in top 5 for sure.
Let's hope this goes off without a hitch! I still think that if BCC takes off, this will be at the expense of BTC, especially from a mass adoption perspective. It may be short term gain over long term loss! I hope this doesn't happen but I don't see BCC going to the moon at the same time as BTC!!
https://steemit.com/bitcoin/@adambalm/the-truth-about-who-is-behind-blockstream-and-segwit-as-the-saying-goes-follow-the-money
That post is 5 months old and more relevant then ever! Thanks for sharing.
I don't see why it would. Lots of exchanges are decided to not mess with it for now, and those that do risk being alienated for it.
One can look directly at https://www.bitcoincash.org/.
This is where the post's 2 out of 3 screenshots were taken from and where you will find all the Exchanges, Wallets and Services which asked to be added as supporting Bitcoin Cash on their official web site.
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