Is a BTC - BCC flippening in the offing?

Mirimir mirimir at riseup.net
Fri Aug 18 08:04:27 PDT 2017


On 08/18/2017 03:55 AM, Steven Schear wrote:
> Right, as long as you either exported your Bitcoin to your own wallet or
> your Bitcoin was deposited in an exchange that assured its customers that
> they would not claim the BCC themselves but hold it for users, then you are
> fine. If, OTOH, your Bitcoin was deposited in an exchange that alerted its
> users to withdraw their Bitcoin to their own wallets of they wanted it, and
> you did not withdraw in before the fork then you are probably SoL.

Right. I neglected to mention that I use Electrum wallets. To use BCH,
I'll need to get a suitable wallet, and import the keys. The BCH price
crashed before I got around to it. I guess that I'll do it soon :)

> On Fri, Aug 18, 2017 at 9:49 AM, Mirimir <mirimir at riseup.net> wrote:
> 
>> On 08/18/2017 03:29 AM, Steven Schear wrote:
>>
>> <SNIP>
>>
>>> Due to the economic and technical nature of Bitcoin and its blockchain
>> its
>>> more than possible that the new fork, widely being called Bitcoin Cash,
>> BCH
>>> or BCC, will overtake its rival fork now commonly called Bitcoin Core.
>> The
>>> effect of this "flippening" could be nothing short of disastrous for
>> those
>>> holding Bitcoin Core.
>>>
>>> Since the recent Bitcoin hard fork we now have two Bitcoins: Core (the
>>> original) and Cash. When the fork happened those holding BTC (in their
>> own
>>> wallets) were also able to claim an equal amount of BCC (for free).
>>
>> There's no need to claim BCH. It's there, and will be there until spent.
>> Me, I won't until the price goes up. It's "flippening" insurance.
>>
>> <SNIP>
>>
> 
> 
> 



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