What are You Doing to Prepare for the Bitcoin Cash Hardfork?
There is a ton of confusion out there as to what time the Bitcoin Cash hard Fork is going to occur. This is straight from the Bitcoin Cash website.
2017-07-31 Notice on fork activation timing.
"Important note on the timing of Bitcoin Cash hard fork activation
The criterion for activation of the Bitcoin Cash hard fork activation is based on "Median Time Past", or MTP. This means that the chain split will not occur at exactly 12:20 UTC on Aug. 1st, but some time after.
MTP is a statistic calculated over 11 blocks, and trails behind wall clock time by about 6 blocks. This means that the last common block will be approximately the 6th block with a timestamp after 12:20pm. The block after that will be different on either chain.
Users attempting to split coins, and transact separately on the two networks should be aware of these details in order to properly identify the last common block, and the first post-split block."
I Don't Plan on Getting Much Sleep Tonight.
The markets are going to be very volatile this evening and through the next 24 hours. This is a grand opportunity for traders like myself. I loaded up a small amount of Bitcoin to Bitmex a few days back and have already doubled it. This is going to be a fun night!
What Are You Doing with Your Bitcoin?
- Nothing, Going to Keep it in Cold Storage and Get My Free Bitcoin Cash.
- Leaving it on an Exchange and Let the Exchange Give Me My Free Bitcoin Cash.
- Ready to Pounce on Cheap Altcoins.
- 100% in Altcoins as Bitcoin Gets Ravaged.
- My Bitcoin Was Held Hostage By Coinbase.
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Another number 4 here! But of course who really knows?
Number 4 for me and spending the whole night at work unfortunately heh..
#2 for me - keeping my BTC on Bittrex to get some BCC. But I'll also keep my mind open for #3 - if I see some irresistible altcoins prices, I'll be ready to buy!
Party like its 1999? lol
I'm just a spectator tonight, so closest to #4 I guess. Hope it works out for everyone.
I am number 4 as well, put 500$ into ether, my philosophy: 1. bitcoin will go up and ethereum will follow, 2: bitcoin will drop and ether will stay the same.
Nuumber 2!! Is my best option haha free free!
1 & 2.
Hoping the new tokens have enough value to trade for BTC.
The question that will pass with the alcoins, while the price of bcc is established
I'm just holding strong on my ledger nano and a bit at bittrex- planning on hold a long time. Should be interesting to see what happens good luck everyone
In this lobby, will there be T.P.? For my bunghole?
@hilarski...have fun tonight :)
Absolutely not a big fan of keeping my coins on any exchange. But the small amount of BTC I have is sitting in Bittrex, solely for the purpose of free BTC cash. Now what I do with that BTC cash is still undecided. But I'm the hodl'ing type so I would bet it'll be stashed away for some time until the dust clears.
Hey @hilarski keep posting tonigh and share what happens in your Bitmex. I also want to see the price of your "Free Bitcoin Cash" ;)
This post read my mind! I am #2.... I moved all my btc to Kraken, as Kraken will allow trading of Bcash pairs BCH/USD and BCH/BTC right after the fork. I'll be watching closely. Another steemer noted that if btc keeps climbing overnight and Bcash goes down, it may be smart to sell of btc and buy back once it drops. I am considering that as well. Happy fork everyone!
You can bet nobody will be selling bitcoin but a lot of people are after the "free cash" of BCC, so there will be a massive sell-off, but it will rebound. I don't think it will be a dead cat since BCC has much support -- and I think watching the network stats closely will help determine the price.
The price will follow the miners, basically.
3!!!
Option 1 . That's where gravity took me .
?Thank you for shearing.
Great strategy. I will probably do the same.
Somebody pass me a few Bitcoins so i can stress too !! (-:
I currently don't have any bitcoin so I'm just going to watch the event as it's happening. I do hope for the best though !
I've got a little bit of BTC on a couple of exchanges. I'm not doing anything with them until next week. I'm waiting for the dust to settle so I guess I'm doing a bit of 1, 2, and 3. lol
I'm a combination. Got some of my BTC in Altcoins, some in another BTC investment, and the rest in cold storage. Going to be cat napping tonight getting up to check the exchange. Might be a wild ride! :-)
We are thrilled but tired enough to go to bed sleeping. Looking forward to what tomorrow brings ... G'night! 😴
Keeping my Bitcoin in Jaxx! Hoping to buy some more Bitcoin once the price drops
Not much sleep for many tonight. Waiting is so hard.
Greetings @hilarski !
Another clear, simple, direct and useful post!
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40% BTC, 60% altcoins.
Numbers 1 & 3 for me. It's morning here, so I have the whole day to watch it happen. Let's make some money!!!!
So far it's working well. BTC almost holding value, BCH much better than expected - together showing a healthy trading pattern - BUT it's still early days so let's see what happens.
Also managed to pick up some ETH and LTC at good prices.
My election: Ready to Pounce on Cheap Altcoins
Number 4.
Number 4 all the way, I have my funds ready to rock tonight, planning on some good music, a set amount of alcohol (for confidence, not stupidity) and lots of balls to go all in and make as much as I can over the next 48 hours and beyond.
Good luck to everyone and may we all get something good out of the UAHF.
Now that BTC/BCC-Day time has past, how are you feeling!? It doesn't look like much has happened since 8:20 PM EST (12:20 AM UTC) ... there was a bit of a drop around 12:00 and a small spike around 12:35.
I'm curious, since you seem to be highly excited / invested in this volatility! :)
LOL @ Option #5 by the way :D
I had some BTC held hostage for a day and a half! But it cleared before tonight :)
I prepared to ##1 and 3
#4 for me...been shorting ETH for the past month and just switch to a hopefully very long long of stack'n the stacks all the way to 400. };-)>
The plan is #1 then #3
I am doing #2... which is unusual for me as I hardly ever keep money on an exchange. Nevertheless, gimme that bitcoin cash, so I can sell it, and buy alts.
(6) I don't have bitcoins 😆
Number 1 90% of my BTC (paper wallet) and 10% of my BTC lending on Poloniex
This is not what I planned but it is what it is. My email provider has had issues for days and I am unable to log in because of the server. Hence I do not receive the 2FA code to log into the exchange. The exchange's customer service is slower than slow for whatever reason. I am being nice and not mentioning names but all this is frustrating to say the least. Hopefully everything will be fine when the dust settles.
Just about time to get CRAZYYYY
I just see what will happen next :D
Thanks Sir
Exchanged all but 1 btc for ltc, see what happens, I'm hoping ltc will make faster moves than btc and buy some btc back later. Have fun trading :-))
i Choose Number 4 always,
looks like most alts are down right now.
I am only holding about 5% of my total crypotcurrency wealth in bitcoin. I had a higher percentage, but just bought more Steem.
Number 6. Don't possess enough Bitcoins to matter. LOL