Bitcoin Cash Launched - Stats Up to Now
It took 5 hours to find first blocks but now its all live and trading at few spots.
I did not redeem my BCC/BCH from Electrum yet just used those that got on Exchanges.
Markets
Look at possible arbitrage options but be aware - deposits are often closed or take loads of time.
Network
Bittrex
They added BCC fast and started trading after first block. Numbers are sick.
IMPORTANT
Arbitrage currenctly doesnt work. So sure you can buy cheaper on Coinexchange or HitBTC but moving coins will not work. Bitstamp and BFX still didnt credit, so just wait if you have no coins yet.
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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So another alt coin lunched, not big deal.
It was a great to short-trade it on Bittrex and Kraken, about 2x profit.
I am still holding tightly to my Bitcoin Cash. Am I crazy? I could of got out when it was worth twice as much. Yet Im holding onto this Bitcoin Cash like its something. What do you guys think?
http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!
Short-trade or hold it long, which is better? Following you now @bcn ...Thanks for the info @kingscrown.
once you can deposit on the exchange I expect the price to crash.
What does it mean to deposit on exchange? If you own btc on Kraken don't they just credit your account on Aug 1 at time of hard fork??
Kingscrown needs to fully describe why arbitrage doesn't work. Sell bcc on Kraken and then fund cheaper exchange w btc to buy bcc cheaper and you collect the premium, no?
yeah people do that but they cant right now and that is why there is a huge difference in prices from exchange to exchange. Once people can do that the price will even out and I even expect it to drop a bunch.
I managed to buy some BCC for about 0.08 BTC yesterday, but not much due to the fact that market wasn't formed). Buying now is highly risky. In short term the price will drop as soon as deposits and withdrawals are opened on exchanges and transactions get confirmed.
Hold it, now trading at 0.4 BTC on Bittrex (>1000$), however Bitcoin cash is now without a doubt a bitcoin contender, see my blog about Bitcoin Cash
An inflated price doesnt mean its a bitcoin contender.
@matrixdweller
Gd to see you;)
Like$
Yes, it was, quick and easy!
Lost all my profits trading in btc-e and the potential to acquire bcc because of course if you don't own the private keys you don't own your bitcoin.
hold it, you never know what happens next
I agree with it, hold it, you may have a gold asset in your hand and are in a rush to spend it
how do you claim your bitcoin cash on Bittrex?
It's was automatic. If you had BTC on bittrex during the split they gave you BCC.
They had it up and running very quickly and now have ETH-BCC and BCC-USDT.
@kingscrown yes, how do you claim your BTCC in any particular wallet
is it also possible in exchange sites like Bittrex?
It's open for trading only on Bittrex. As soon as the network will be stable, they promised to opened deposits and withdrawals.
If you had your BTC on Bittrex they announced they were going to support both chains and will give you your BCC (BCH) the problem is that this is not right away as you would´ve if you had them on a wallet
This is what appears on Bittrex at the moment
it was a wiser option to keep it in paper wallet.
if you dont have your bitcoin cash on bittrex you wont get it, its already over, Oh and bittrex doesnt even work anymore, they make you fucking verify over text with a phone verififcation that DOESNT work
They ask you to upload your fucking ID and photo like coinbase, its over it doesnt even work, its shit
and you already lost out, if you didnt hve your bitcoins in bittrex by the time of the hard fork then forget about it, the bitcoin cash in bittrex has already been given out
sop now were all fucked, now we cant even use biottrex without a fucking ID, openledger.io needs to fucking add all the fucking coins wtf why are they lagging so many lazy people in crypto who are way too overpaid
?
I don't have to use I.D.?
I'm still using Bittrex my fav exchange ;)
bittrex makes you scan an ID now yes if u wanna withdraw more than $10 at a time
If you dont then i guess ur lucky and maybe its just for US people and they are scaning IP addresses or something but I DPUBT that bittrex made ME scan my id as nw policy and is not gona amke u do it too, petty sure u just havent checked bittrex yet , if u still dont have to scan ur ID ur just lucky then cuz i did!
We are talking withdrawing 0f digital money, correct? Cuz i'm still sending money(digital) with no i.d. checks
h,mm yeah well they made me do it, weird,
@ackza
I will continue to check on this, thx and what part of world are you from
No problems here using bittrex and no ID verified.
Login was down for a while yesterday probably due to the large volume of people flooding the exchange. But working fine now.
so true.
@bcn
Nice;) Wish I had the chance on shorting. But i's ok, m0re opps 0n the way!
https://steemit.com/bitcoin/@tradz/bitfinex-0pen-f0r-bch-margin-trading
The price of bitcoin has exceeded its previous all-time high of $3,000, soaring to $3,200 for the first time.
Figures from Coinbase show the market started moving around 03:00 a.m. when bitcoin’s price climbed above $2,900. At 10:30 a.m., bitcoin recorded a new historic high when it reached $3,200.
Today’s new high pushes the the market value of bitcoin up to $52.1 billion with the entire market now worth $108.9 billion. Over a 24-hour period, the number one digital currency increased its value by 10.19 percent while its value rose by 15.40 percent over the past seven days, according to CoinMarketCap.
It marks a new milestone for bitcoin as it hasn’t seen $3,000 figures since 12 June
Please upvote I will do the same in return guys.
I believe the idea of upvoting is that you provide valuable content based on the viewer
sure thing please do the same buddy.
It is cooking with gas!
Within the next few days the mining difficulty should adjust and blocks will start moving much quicker with lower fees then bitcoin. So far it looks promising and seems like it is going to give BTC a run for its market share.
Once mining adjustment happens, Bitcoin Cash will become Bitcoin, and Segwit Bitcoin will become useless trash alt coin.
I've read and believe the mining difficulty will adjust, block speed and lower fees will come. My thought is will it come fast enough to keep the price up when all the BTC comes out of cold storage and people dump their BCH? I think it will drop fast, but I'm holding for long term vs. trying to make a quick buck.
Everyone is assuming the BCH will be less efficient than BTC for some reason. If BCH proves it works and offers a solution to the problems it was supposed to solve then it could very easily become the dominant chain.
A lot of people are more emotionally invested in their coins than they ought to be.
This is gold, very true. Bitcoin Cash is without a doubt a better crypto than Bitcoin, and when people realise this, they will switch over.
A centralised coin owned and manipulated by the Chinese, what a great coin.
Not really. Today is 8/5 and it is going down.Bitcoin is at its highest level!!! That's good news!! Mainly for those of us who are mining. If anybody wants to get a piece of the mining movement with a company that has been in the market for over four years this is the link: http://tinyurl.com/yahyu62t Use this code to receive a 3% discount f0wr6O (the first "0" is CERO, the second one is the letter O) This company has support in 21 languages and pays daily. Follow me, please.
agree
either way I think a lot of money can be made!! :)
Fortunes are being made right before our very eyes. I hope this time it's the good guys making the money rather than the bad guys, this world is due for some massive upgrades in many ways.
I am not an expert on Bitcoin, but I was watching a few videos related to this fork and most of them are saying that this is a trick brought by big mining groups from the western hemisphere. They were saying that BCH will be abolishing the altcoins, like Litecoin, etc. They were also saying that those who have used the original bitcoin would sell BCH fast and we probably will see the new coin go down too. Then, Ethereum could get to be king. And they were also mentioning IOTA as a future strong coin.
There is a lot of false information being spread. If miners are so strongly for BCH why aren't more of them supporting it? Overwhelmingly miners are still supporting BTC, so this argument is unlikely. The problem is have with BTC is that Blockstream, a private company, has hired many of the BTC developers and is paying them to inject SegWit into the BTC code. Blockstream holds patents on SegWit and plans to profit by taking control of BTC. BCH (or BCC as more are calling it) breaks away from Blockstream and segwit.
Yeah!
Most youtubers are not real traders, some even admit that, while others would likely try to manipulate the market to push for certain crypto and profit from those who follow.
Absolutely, and furthermore, a lot of 'popular' crypto-commenters on YouTube seem to have way more opinions than facts when it comes to what Bitcoin is and what its true value is.
All about the view count these days, regardless of facts or fake news
Are there any good YouTube vids/people that you recommend? I've watched a few but starting to think if they were legit or just posers...
Buy crypto and start trading. Own learning is best learning. Invest little, have patience and keep quiet.
What is your goal? To learn more about crypto in general, or how to day trade? Obviously there's some overlap there for a lot of people, but what's your main focus?
https://steemit.com/crypto/@cryptocoinclub/top-5-crypto-channels-to-follow these guys are the best imo
@whut13, I cannot say if the ones that I am watching are good for you. They are from Spain and South America. But I always look for people who had a channel mainly devoted to virtual coins or blockchain. Some of them are engineers or teachers telling Spanish speaking audience on how the system works, as a matter of fact, there is one saying that the big revolution is not the virtual coin, but the many services that this new technology will be bringing to us within years. He strongly believes that blockchain technology will be able to stop corruption in future governments, which is one of the many sufferings Latin America has.
By the way, it is always nice to find people who likes the same theme, in this case Bitcoins, whithout the usual reaction ("that's a scam!!!"). Will you check your list of people who are following you, and follow me back. I have almost 2,000 people I am following and they seem not to be awared of. Thank you. That way we can pass information and videos to each other.
It will be very interesting to find out who have the most followers once the difficulty is adjusted.
so will bitcoin cash change nowadays bitcoin in the future ?, as its sounds promising with lower fees and any other advantages
Thanks for share I was looking for this can you help me I have some BTC in polonix what would happen to them.
Most of the trading platforms and exchanges were giving away BCH free in the same amount as BTC deposit.
just need your private key to claim i believe
nothing.. you wont gain or loose anything on poloniex
thanks for reply
Interesting to see how it develops, im gonna keep 1/3 of them
I still haven't received my BCC yet. Maybe my wallet doesn't support it? I use Mycelium
I'm here hoping to find information about that as well. I also have a Mycelium wallet.
Mycelium does not have BCC wallet yet. Coinbase sent a message that they will be supporting BCC Jan, 2018. But there are other wallets supporting it.
It is good to see that BCC has established. There appears to be almost a 200% jump in price based on the limited data I have been able to see. I believe a correction may occur now because a lot of people may sell off. It will be interesting to watch.
Brittrex is showing a 4800% rise now.
Your post is nice and useful may you increase success in steemit and do, i will be successful as you become famous and useful for many people, bitubitu gratitude with me read your post I am inspired.
Please pay attention to me and visit my post thank you
Have a nice day. Wish you make a lot of money
WTF was that comment??!
Lol
Hopefully not the start of a bot wave
Does that mean the Bitcoin itself will not have the explosive growth as expected since there is a huge demand on Bitcoin Cash?
That may hinder the expected growth of steem price.
Perspectives anyone?
The more efficient option will take the majority of the market share over time. The growth into the digital assests will continue, it will also continue to be volatile as it has been in it's 8 year history.
More efficient ... do you mean bitcoin cash since it has larger blocks? That don;t sound too good for steem price in the short term I guess...
By more efficient, I mean whichever version of bitcoin processes transactions the quickest and most affordably.
I'd expect the fork will provide a boost to the other crypto-coins since all the people with bitcoin suddenly find themselves with value. $7 billion dollars worth of BCH already in the digital marketplace won't all stay put.
What huge demand for Bitcoin Cash?
I hoping BTC will have more hard fork in the future.....beats praying for better movement upwards...lol
Your post is nice and useful may you increase success in steemit and do, i will be successful as you become famous and useful for many people, bitubitu gratitude with me read your post I am inspired.
Please pay attention to me and visit my post thank you
Have a nice day. Wish you make a lot of money
Have a nice day and fuck off.
???
Oh, I wasn't replying to your comment, friend. My reply was to @bitubitu who totally spammed the comment field under this post. He's already been flagged into the ground, however. I apologise if my comment caused any misunderstanding. It wasn't directed to you or anyone else except @bitubitu.
Have a good post-fork day, sir!
No offence taken buddy.
How has your fork day been? I expected better on the steem price
Me too. But I'm pleasantly surprised at the lack of price volatility for Bitcoin and relatively high (and stable) price of Bitcoin Cash. I'm actually considering mining Bitcoin Cash, after the next difficulty adjustment.
So funny you and @yoda1917 I have a fit of the giggles.
Appreciate you being good sport about this, @thebluecorner! I rarely swear, but all that spamming done by @bitubitu made me lose my cool for a second and drop the F-bomb. Good that it made you chuckle, at least. ;)