Bitcoin Cash is literally a scam to steal people's BTC.???!!!

in bitcoin-cash •  7 years ago 

Bitcoin Cash is literally a scam to steal people's BTC.???!!!

Maybe we need to dig deeper...

Jude Austin • a day ago
The comments here show how little people know about how Bitcoin works.

Bitcoin Cash would be the outcome of a blockchain split. If you have 1 Bitcoin now and the blockchain splits, the private key that has one Bitcoin will be valid on both blockchains. You will have 1 Bitcoin on the old and the new blockchain.

It's the same thing as the Ethereum split.

Not sure how people perceive that concept as an attempt to steal your Bitcoin....

Read the whole article before spitting your uneducated nonsense!
12
•Reply•Share ›
Avatar
Ranulph Flambard Jude Austin • a day ago
I will take any of the BCC that you don't want 14oRP8fcBfpZAGD2gWcpXYdjoJXBZVeDDd

•Reply•Share ›
Avatar
meltorgamblor Ranulph Flambard • a day ago
She seems pro-BCC, buddy. Also, you have to do something cool and/or useful to get free money.
1
•Reply•Share ›
Avatar
PharmD • a day ago
So let me get this straight, and please correct me if I'm wrong.... (deep breath in Ace Ventura style) but BIP 91 essentially saved Bitcoin (BTC) the headache of a hard fork that would have been caused by BIP 148 "on or around" August 1st (which had everyone in a panic selling their BTC and crying and dumping their diaper), and those who despise the idea of BTC and decentralized currency and want to maintain their grasp on a centralized monetary system (those who were hoping for the segwit2x hardfork resulting in a new bitcoin chain using BTU) didn't get what they wanted and so now out of no where this absurd idea of bitcoin CASH (BCC), which others have pointed out is already the trade name for bitcoin connect and therefore couldn't possibly be used to represent this foolish "bitcoin cash", begins to pop up in the media at an initial price of 0.5 BTC followed by another bluff BTC dump on exchanges in some sort of childish attempt to make people think yet again that bitcoin (BTC) is dead and that there will STILL be a hard fork "on or around" August 1st no longer involving BTU via segwit2x but rather something ridiculous called "bitcoin cash" that doesn't even exist yet???? Yaaaaaa, if you gave up 0.5 BTC (or about $1200) for one "bitcoin cash" I hate to say it but something leads me to believe you've been robbed. In my opinion, the most important thing people need to realize is that there is literally an international financial war taking place, and those who have controlled the money for all these years will do anything to maintain their control over it. THIS IS NOT A TIME TO BE GREEDY. Whichever blockchain in decentralized and out of the hands of power of a select few, THAT is the chain to support. AS far as I know, that blockchain has ALWAYS been bitcoin (BTC). All others are fakers simply looking to steal BTC thunder and maintain the status quo. Did I get that right??
2
•Reply•Share ›
Avatar
meltorgamblor PharmD • a day ago
Some parts of that are KIND of right... deep inhale People that wanted a block size increase which requires a hard fork agreed to implement segwit on the promise that about 3 months later everyone would do a 2MB hard fork but there is no guarantee this will happen as core is openly not supporting the blocksize increase and yet other people want a blocksize increase and no sidechain business whatsoever so ViaBTC is doing a hard fork on August 1st to create a blocksize increase and remove segwit and everybody holding coins gets both coins and is free to sell BTC for BCC or BCC for BTC and miners will follow the market choice as they need to pay their electric bills in fiat and want to make maximum money. Make yer bets, the free market is about to decide the scaling debate!

•Reply•Share ›
Avatar
PharmD meltorgamblor • 11 hours ago
IMO that seems like a relatively shallow view of the situation. It seems clear to me that a level of manipulation has been reached where essentially anything will be done to stop bitcoin (BTC). Bitcoin cash (BCC) contingency plan? That makes no sense and is so rushed I can only assume those who are pushing it have little to no care regarding the well being of bitcoin and crypto in general. Can only be explained as a move to intentionally hurt bitcoin (BTC). And yes, if I have one BTC before the Aug 1st fork after the fork I will have 1 BTC and 1 BCC (if I have my private key), but that does not mean each will be worth the current price of bitcoin (BTC) at around $2500. Each could be worth $1200, or less, with the risk of one of them completely failing. Essentially, this should not be viewed as an easy way to double your money as that is not necessarily the case.

•Reply•Share ›
Avatar
meltorgamblor PharmD • 4 hours ago
I don't think it's shallow, though it is a lot simpler than your explanation. The truth is often beautifully simple, whether it's in the sciences or politics or economics. You have stated a lot of subjective opinions, whicn makes your view complex and hard to follow.

The truth is everyone acts in their own best interests. People who want segwit aren't evil, people who want larger blocks aren't evil, we are all just acting in our own best interests (at least what we perceive as our best interests). I can tell you don't disagree with the specifics of what I said earlier because your only couter was re-wording my "everyone gets both coins" to "everyone doubles their money" and refuting that, which nobody said.

On that topic though, the two coins should split the value, and their sum should be viewed as the total value of bitcoin. Which type will hold more value long term? How much more value? These are the questions! If we act right, we may quintouple our money. Act wrong, and we may lose everything. Don't know? Don't want to bet? Hold all of both coins! In 3-6 months time you will have the same value as before the fork, or more, as this will liberate bitcoin from the crippling scaling debate.

•Reply•Share ›
Avatar
Jeff K • 2 days ago
Is this fake news? First I notice DDOS against bitcoin.com and site no longer working and now it loads automatically with some b.s. article about a fake bitcoin fork. This article is literally an ad for some company trying to appropriate the bitcoin name and ride on its success for their own altcoin and pretending it is a legit hard fork that will be happening despite the rest of the world saying a hard fork is no a non issue and won't happen as we already have accepted locked in plans. Any so called hard fork wouldn't be a real fork just this company copying the chain upto current and then running their own completely different bitcoin software ripping off the name bitcoin
Eff is this shit. I can't help but think this is hacked news. Ie the sites been hacked and this is a bogus post and the concurrent attack against bitcoin.com would seem to confirm that
7
•Reply•Share ›
Avatar
meltorgamblor Jeff K • a day ago
This has been in the news for days. There are links in the article to key BCC resources, there have been annoucements regarding BCC by major exchanges, ViaBTC has been trading BCC futures as of July 22. Where have you been?
3
•Reply•Share ›
Avatar
Faith Sloan • a day ago
Well looks as if bitcoin dot com didn't like my reference to THE m e rk l e so they censored my comment. It was a reference to an article that states the freakin obvious. BitcoinCash can NOT use the BCC symbol because Bitconnect already uses it. So how are they trading it on viaBTC? lol
3
•Reply•Share ›
Avatar
Mario Casanova Faith Sloan • a day ago
Yes I confirm their agressive censoring of the user's comments.
2
•Reply•Share ›
Avatar
Greg Greene Mario Casanova • a day ago
That's what scammer do when tying to steal BTC holders coins.
2
•Reply•Share ›
Avatar
Mario Casanova Greg Greene • a day ago
The Bitcoin dot com website has lost all credibility. Shamlessly pumping "Bitcoin cash", whatever that shit is, while trying to destroy Bitcoin... They won't succeed!
1
•Reply•Share ›
Avatar
BalrogZA Mario Casanova • 12 hours ago
You are spot-on! Bitcoin dot com belongs to Roger Ver. It is him and a bunch of miners basically attacking BTC by creating this pathetic BCC nonsense. I will be avoiding this pathetic website and spreading the word!

I also don't expect this comment to remain here for long.....
1
•Reply•Share ›
Avatar
Greg Greene Faith Sloan • a day ago
For all of Rogers complaints about censoring, its pretty ironic isn't it.
1
•Reply•Share ›
Avatar
Faith Sloan Greg Greene • a day ago
I see they RELEASED my initially censored post. They're WATCHING... LOL!
1
•Reply•Share ›

Avatar
meltorgamblor Faith Sloan • a day ago
Any post with a link in it gets reviewed before being released. It was probably just pending review.
1
•Reply•Share ›
Avatar
Trade Alrts • a day ago
Bitcoin Cash is literally a scam to steal people's BTC. Do you think we're stupid?

https://news.bitcoin.com/what-every-bitcoiner-should-know-about-bitcoin-cash/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Oh man. We have to be careful.

Hy.

Maybe it will help them to read my post too, about bitcoin cash and who support it:
bitcoin cash – how to buy / sell / trade / claim – after august 1st, 2017 fork
https://steemit.com/bitcoin-cash/@ilvstranger/bitcoin-cash-how-to-buy-sell-trade-claim-after-august-1st-2017-fork.

Always news heard from one to another one can make a mess in readers mind.
We can't always read all the sources, but it is correct to not blame what you don't know :-)

lol... scam to steal btc... it just gives you btc. Only if you have them at exchanges that don't support BCC (or BCH) you will not get the new one, but will have same BTC.

I do not trust BCC at all. For sure BCC is good, but if they want to do some good on crypto, they should announce this idea earlier and negotiate with other communities, not 7/25 which we already accept segwit2x.
They just want to make some noise to the market and get profit from it.
Shamefully, they did a damn good job about this.
I don't trust most project supported by Chinese since the chaos of ICO's, most of them are 100% scam.
They want easy money rather than long term benefit.

Ok for now I think BCC is better than BTC now.

The core team makes BTC become a mess, such high fee and slow transfer speed is unacceptable for any cryptocurrency.

They want everyone use their LN and ignored or banned any people who judged them, that sucks.