RE: Are you ready for the Bitcoin Fork? Whats my trading plan for THE FORK?

You are viewing a single comment's thread from:

Are you ready for the Bitcoin Fork? Whats my trading plan for THE FORK?

in trading •  7 years ago  (edited)

So guys, how is it going along for you?

I've sold BTC for USD a few minutes after the fork and am now basically waiting to see if the market will react in any big way.
It's also interesting to see that ETH went up this time and didn't follow BTC on the way down, at least for these first few hours after the fork.

trading
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    12
    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:  
  • Trending
    • [-]
      ·  7 years ago 

    Theater on stock; orders and alerts ready, but no drama at the moment, so waiting. This is what I am reading at the moment:
    ->
    “However, due to a lack of support from some of the major exchanges, it looks at this stage as though Bitcoin cash will fail to gain traction.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  7 years ago 

      @andreakrieger - You sold your BTC for USD? Don't you need to hold it on the exchange in order for your BCC to be created? I have bitcoin on Bitfinex now and still haven't received any BCC. Does anyone know when this will happen on Bitfinex? I'd like to take out the BTC and exchange for USDT at minimum. Any thoughts?

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        [-]
          ·  7 years ago 

        You won't receive any BCC until the first block is mined. That could take a while at the actual hashrate.
        You can use this site to monitor the status of the fork: https://www.btcforkmonitor.info/

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          [-]
            ·  7 years ago 

          Thanks, that's helpful. So do I need to 'leave' my BTC on Bitfinex in order to get the BCC upon first blocks being mined? The reason I ask is because I want to move some of my BTC for trading. Any thoughts? If I start moving and trading around my BTC, I'll jeopordize my chances of getting BCC? Anyone know?

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00
            [-]
              ·  7 years ago 

            I believe you're right ... But I am no expert :)
            For sure, I am keeping 99% of my BTC until that 1st block is mined and I see a BCC wallet appears on Bittrex or Kraken (the 2 exchange I use)

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            $0.00
              [-]
                ·  7 years ago 

              @dscenterprises:
              On Bittrex it says: "If you have a Bitcoin (BTC) balance on Bittrex during the BCC UAHF time on August 1st, 5:20am PT (12:20pm UTC), you will be additionally credited the equivalent amount of Bitcoin Cash (BCC) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BCC. "

              And I did have BTC during that time, so if they respect their written statement they will credit me the BCC.

              Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

              • Disagreement on rewards
              • Fraud or plagiarism
              • Hate speech or trolling
              • Miscategorized content or spam

              Submit
              $0.00
                [-]
                  ·  7 years ago 

                I sold my BTC for USDT because I suspect the value of buying BTC low and riding up the bounce will be greater than the value of the BCC (BCH) that I will be credited.

                Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                • Disagreement on rewards
                • Fraud or plagiarism
                • Hate speech or trolling
                • Miscategorized content or spam

                Submit
                $0.00
                  [-]
                    ·  7 years ago 

                  Personnaly, I am using some play money to do multiple buy/sell.
                  As of now, I am able to make 5-6% with the current swing.

                  But, I keep the majority of my BTC intact and safe until the first block is mined.

                  Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                  • Disagreement on rewards
                  • Fraud or plagiarism
                  • Hate speech or trolling
                  • Miscategorized content or spam

                  Submit
                  $0.00
                    [-]
                      ·  7 years ago 

                    I saw this come by on hitbtc.com "AltTAB: BTC hard fork is over. Those of you who store BTC on your accounts, are going to receive the same amount of BCC within the next couple of hours." (AltTAB is the moderator). Haven't seen any BC cash yet.

                    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                    • Disagreement on rewards
                    • Fraud or plagiarism
                    • Hate speech or trolling
                    • Miscategorized content or spam

                    Submit
                    $0.00
                      [-]
                        ·  7 years ago 

                      Kraken stated on Twitter that they are now crediting BCH to accounts:
                      https://twitter.com/krakenfx?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

                      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                      • Disagreement on rewards
                      • Fraud or plagiarism
                      • Hate speech or trolling
                      • Miscategorized content or spam

                      Submit
                      $0.00
                        [-]
                          ·  7 years ago 

                        Still nothing on Bitfinex.... :/

                        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                        • Disagreement on rewards
                        • Fraud or plagiarism
                        • Hate speech or trolling
                        • Miscategorized content or spam

                        Submit
                        $0.00
                          [-]
                            ·  7 years ago 

                          There wasn't enough transactions to fill the first block, and they needed >1MB to complete the first block, how crazy is that? https://twitter.com/whalepanda/status/892393075288543233

                          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                          • Disagreement on rewards
                          • Fraud or plagiarism
                          • Hate speech or trolling
                          • Miscategorized content or spam

                          Submit
                          $0.00