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07-31-2017, 08:42 PM | #1 |
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Have bitcoin? Did you know it's worth an extra $292.86?
If you have bitcoin right now you can make an extra $292.86 per coin. Bitmain is a bitcoin mining company in China and they have made "Bitcoin cash". If you have 1 bitcoin then you have 1 bitcoin cash (BCH) https://coinmarketcap.com/currencies/bitcoin-cash/ the price of bch is $292 currently.
It takes some knowledge to split the BCH away from the BTC. If you have your btc sitting on an exchange you're going to want to transfer it to an https://electrum.org/ wallet. When you have bitcoin sitting on an exchange it is not a guarantee that exchange will give you BCH tokens unless they specifically say it. Coinbase for instance will not credit you. I can provide details on how to extract bitcoin cash (BCH) from your electrum or bitcoin-qt (bitcoin core) wallet. I am not looking for any payment I just wanted you to all be aware that if you have bitcoin sitting around you're going to be losing $292 per coin if you don't split your BCH away from your BTC. Very easy step by step instructions can be found here: Splitting your BTC and BCC, the OP_RETURN way | CoinFlip which was made by the CTO of coinflip chicago named Alan. Don't be overwhelmed, it's simple it just looks complicated. Really it's just time consuming. I won't get into specifics on the schematics of why this is all happening just know that it is by 12:30pm UTC august 1st. Happy UASF Eve! |
07-31-2017, 08:52 PM | #2 |
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07-31-2017, 08:54 PM | #3 |
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07-31-2017, 08:59 PM | #4 |
jscizzle
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That guy cant find profit if it poked him in the ass
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“If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important
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07-31-2017, 09:05 PM | #5 |
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07-31-2017, 09:13 PM | #6 |
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No thanks...
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07-31-2017, 09:16 PM | #7 |
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07-31-2017, 09:20 PM | #8 |
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07-31-2017, 09:30 PM | #9 | |
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And maybe bitfinex should not credit BCC, exchange competition is cut throat so theyre trying to stay in the game. Looks like it won't be good for the overall price of Bitcoin. It really doesn't mean much for the people looking for quick profit. Don't worry cryptocurrency is here to stay so get use to it. It will break out from all disaster I know that for a fact. |
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07-31-2017, 09:33 PM | #10 | |
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07-31-2017, 10:04 PM | #11 |
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07-31-2017, 10:19 PM | #12 |
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You think I'm retarded and you believe someone is giving you $300x however many bitcoins you have for nothing? Where is that "free money" coming from?
How many people do you think are going to try and cash out on this "free money" before everyone else does? How do you know the people behind this didn't set back a nice retirement for themselves and plan on retiring REAL soon. Last but not least.. How many people are going to be REALLY pissed off that a handful of people decided to play games with their money when this is turns into a complete fucking disaster?
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07-31-2017, 10:34 PM | #13 | |
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Icq 247-742-205 |
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07-31-2017, 10:39 PM | #14 |
jscizzle
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people are so threatened by the thought of decentralization
kinda sad actually... goes to show how the gov doesnt only own us physically, but our minds as well
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“If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important
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07-31-2017, 10:45 PM | #15 | |
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There will be those who will rush to cash out on this "free money" which will collapse another market or two and in turn possibly greatly devaluing bitcoin in it's wake.
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07-31-2017, 10:51 PM | #16 | |
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If you want to make a comparison here what you should really be comparing it to is the federal reserve increasing the money supply. Increasing the money supply devalues the money. But in reality you can't even make that comparison. Because what you really have is counterfeiters increasing the money supply.
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07-31-2017, 10:52 PM | #17 | |
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07-31-2017, 10:59 PM | #18 |
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So what you're saying is only Obama (free money) people know what's up here?
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07-31-2017, 11:38 PM | #19 |
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This was very interesting. It puts things into perspective for me. All of you have brought up good points and thank you for that.
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07-31-2017, 11:43 PM | #20 |
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08-01-2017, 12:01 AM | #21 | |
jscizzle
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your sig and avatar, and more imporantly your comments here. If i take a piss right now, does Obama or Trump win?
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“If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important
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08-01-2017, 12:16 AM | #22 | ||
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Everyone in this thread seems to think BCH (these people are so bright they originally used BCC, a symbol already used) is affiliated with bitcoin. When it is not. This article posted in the other thread says it is a separate coin . It is an alt (counterfeit) coin spring boarding itself off of bitcoin. So explain to me how it is this newly created "separate coin" is worth $300? Who paid $300 for a coin that is being given away for free? Only an idiot. It would be like you trying to sell me a domain for $300 that is available to register from a free domain registrar give away promotion. If you bought this coin to drive the price up to that you may as well kiss your money GOODBYE.
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08-01-2017, 12:17 AM | #23 |
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You may want to learn to read. I didn't bring politics into it.
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08-01-2017, 12:24 AM | #24 | |
jscizzle
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nobody is buying/selling at $300 this is a "futures" a guesstamate that can be valued at anything anyone wants to right now the only real value is when all coins are distributed and buying and selling of the actual tokens starts happening, and it sure will NOT be selling at anywhere near 300 imo i dont intend to put you down, but just think about it a bit ok? you're posting things that you dont seem to know about
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“If you think tough men are dangerous, wait until you see what weak men are capable of.” —Jordan B. Peterson Listen to Pomp tell why is Bitcoin important
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08-01-2017, 07:20 AM | #25 |
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You are another dipshit expert that knows nothing. A few cut and paste snips and suddenly you are another BTC expert.
Some of us have made a fortune with BTC over the past few years because we paid attention, learned and played the game. I've made more money in the past two years than 17 years of porn. Some of you rock bags want to call it play money or fake money? That's in your head. You say that you will see who gets the last laugh here? Dumbass, it's anyone that makes money. You don't make money, you don't have any fucking money. Don't you get it? Who gives a shit how the money comes in, it's money. Self-righteous idiot, the last laugh, that's funny. |
08-01-2017, 07:50 AM | #26 |
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It's a split (fork), it's not some new alt coin.
The core developers and big miners can't agree on how Bitcoin should be updated (some want different changes to the core than others) so they go their separate ways. A split also happened to Ethereum last year due to disagreements, that's why you now have Ethereum and Ethereum Classic. After a split the value of each of them is solely decided by the market based on trades. Let's say you have stock in a company with 2 owners, the owners can't agree on something and they decide to split up in 2 separate companies and split the stock. You now own stock in both, and both have value. But the value depends on the market, each will be worth only what the market deems each is worth, which is solely based on trades. |
08-01-2017, 09:48 AM | #27 |
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I mine for income rather than hold long term, did plan to build up a bit of a balance towards the end of July, but for various reasons that didn't happen. I only had about 0.04 BTC in my wallet at the fork point.
10-15% value of 0.04 BTC is fuck all, so I'm going to sit back and watch what happens with my little stash of Bitcoin Cash |
08-01-2017, 12:11 PM | #28 |
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How is everything working out so far geniuses? Out spending that Christmas money yet? Or did you pay for someone else's Christmas?
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08-01-2017, 12:32 PM | #29 | |
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Not understanding is one thing, I'm pretty new to crypto myself in the grand scheme of things, but as you are one of the poster's here who I don't think is a whackjob/in the middle of a mental breakdown, you might want to say nothing, instead of posting what is in fact gibberish, then trying to score points off of said gibberish. Think: markham talking about traffic, or cam studios, or anything really other than shooting/print mags You are doing the same thing here... operating under the misguided notion you are versed in a subject, and talking nonsense. Sorry to be blunt - I do actually like you as a poster, so I'm not trying to come at you here... take a bit of a breath though and concede you may not quite have the nuances/facts straight ps Konda explained in a great simple example what happened, but it's clear from your quote you aren't quite getting it. Nobody 'paid for someone else's christmas' as a result of gaining BCH from existing BTC they held at the time of the fork. |
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08-01-2017, 12:53 PM | #30 | |
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