Crypto Currency Thread
Discussion
Hi
Good few weeks it's been!
Can anyone offer me some guidance. I had 1 btc in my blockchain wallet before the fork. They're not supporting bitcoin cash (bch) so my Bach is not there. Meanwhile my coins in my coinfloor wallet were matched with bch, very nice.
What's the easiest way to claim my bch from blockchain and get it into my coinfloor account to sell. I'm really not very savvy with all this still and find it a really quite hard. But it's worth doing so just looking for the easiest way.
Many thanks
Good few weeks it's been!
Can anyone offer me some guidance. I had 1 btc in my blockchain wallet before the fork. They're not supporting bitcoin cash (bch) so my Bach is not there. Meanwhile my coins in my coinfloor wallet were matched with bch, very nice.
What's the easiest way to claim my bch from blockchain and get it into my coinfloor account to sell. I'm really not very savvy with all this still and find it a really quite hard. But it's worth doing so just looking for the easiest way.
Many thanks
[quote=_MIKE_]I can't begin to tell you how unbelievably happy I am now with the price at $4100.
I had a moment after purchase as the market went down -which I'm used to seeing- and I thought s
t I've bought 170 BTC at $1166 a piece, what have I done?
After more than a few sleepless nights I feel it's time for me to pull out half of my holding, enjoy it and see where the price takes me on the rest. I know people will tell me to continue to hold, think of the potential, but I need a break and so does my heart.
I also cashed out my BCH as soon as my Trezor gave me access as I don't see huge growth in it currently, and to be frank, I'm happy with my lot.
[/quote]
Holy crap - well done!
I had a moment after purchase as the market went down -which I'm used to seeing- and I thought s
t I've bought 170 BTC at $1166 a piece, what have I done?After more than a few sleepless nights I feel it's time for me to pull out half of my holding, enjoy it and see where the price takes me on the rest. I know people will tell me to continue to hold, think of the potential, but I need a break and so does my heart.
I also cashed out my BCH as soon as my Trezor gave me access as I don't see huge growth in it currently, and to be frank, I'm happy with my lot.
[/quote]
Holy crap - well done!
rufusgti said:
Hi
What's the easiest way to claim my bch from blockchain and get it into my coinfloor account to sell. I'm really not very savvy with all this still and find it a really quite hard. But it's worth doing so just looking for the easiest way.
Many thanks
Your Bitcoin Cash is there. It just has to be accessed. What's the easiest way to claim my bch from blockchain and get it into my coinfloor account to sell. I'm really not very savvy with all this still and find it a really quite hard. But it's worth doing so just looking for the easiest way.
Many thanks
It's pretty easy. I assume your blockchain wallet was created after early 2016? If so it's an HD wallet and you need the 12 word recovery seed that you can access in the security centre. Click on 'backup recovery phrase' and write it down.
Once you've done that send your bitcoins to a completely new bitcoin wallet, not just a new address. It has to be a separate account as you'll be exposing your recovery words.
Once your BTC is in a new address then download Coinomi to your phone or tablet. You'll need an Android one.
Once that's downloaded when Coinomi opens up it gives you two options. Select restore account.
Input your old blockchain.info seed and it'll restore your account in Coinomi. I've just tested it with a couple of junk accounts and got the same address that was in the blockchain.info account so it works.
Select the Bitcoin wallet for starters. You'll have no Bitcoin left of course.
Next click on the top left menu and '+coins'
There'll be a list. Click on Bitcoin Cash. In the window that pops up click 'advanced settings' .
In 'derivation path' write this - M/44H/0H/0H (those are zeroes not o's)
Click add.
And your Bitcoin Cash is in the Coinomi wallet and ready to spend or send or whatever.
[quote=_MIKE_]I can't begin to tell you how unbelievably happy I am now with the price at $4100.
I had a moment after purchase as the market went down -which I'm used to seeing- and I thought st I've bought 170 BTC at $1166 a piece, what have I done?
[/quote]
Well done! I kick myself for not buying when I was told about a 'new currency' when I could have bought multiple coins easily, and cheaply.
I got in on the dip in June/July so have made a bit, but I'm quite risk averse so only have a small amount of coins... I'm still buying through, just spreading it out to try not to buy at a peak, but the chances of me owning more than a handful of coins now are virtually nil.
I had a moment after purchase as the market went down -which I'm used to seeing- and I thought s
t I've bought 170 BTC at $1166 a piece, what have I done?[/quote]
Well done! I kick myself for not buying when I was told about a 'new currency' when I could have bought multiple coins easily, and cheaply.
I got in on the dip in June/July so have made a bit, but I'm quite risk averse so only have a small amount of coins... I'm still buying through, just spreading it out to try not to buy at a peak, but the chances of me owning more than a handful of coins now are virtually nil.
MIKE said:
I can't begin to tell you how unbelievably happy I am now with the price at $4100.
I had a moment after purchase as the market went down -which I'm used to seeing- and I thought st I've bought 170 BTC at $1166 a piece, what have I done?
After more than a few sleepless nights I feel it's time for me to pull out half of my holding, enjoy it and see where the price takes me on the rest. I know people will tell me to continue to hold, think of the potential, but I need a break and so does my heart.
I also cashed out my BCH as soon as my Trezor gave me access as I don't see huge growth in it currently, and to be frank, I'm happy with my lot.
I think pulling out your initial steak and keeping the rest (or pulling out half) seems like a good planI had a moment after purchase as the market went down -which I'm used to seeing- and I thought s
t I've bought 170 BTC at $1166 a piece, what have I done?After more than a few sleepless nights I feel it's time for me to pull out half of my holding, enjoy it and see where the price takes me on the rest. I know people will tell me to continue to hold, think of the potential, but I need a break and so does my heart.
I also cashed out my BCH as soon as my Trezor gave me access as I don't see huge growth in it currently, and to be frank, I'm happy with my lot.
I think this is pretty huge news. You no longer need the internet to transact Bitcoin. Start ups in the third world can set up a 45cm satellite dish pretty much anywhere & run Blockstream's code to offer Bitcoin currency services on the ground. Blockstream is a company central to Bitcoin, composed of some of the leading developers. If these guys can capture the huge 3rd world remittance market, it's huge business. If they can get ordinary people circumventing their government's currency failures, it will be nothing short of astonishing.
https://github.com/blockstream/satellite
https://blockstream.com/2017/08/15/announcing-bloc...
https://github.com/blockstream/satellite
https://blockstream.com/2017/08/15/announcing-bloc...
The Spruce goose said:
sounds like spacebit from 2014.
Unlike vapourware dreams from kids in their bedrooms, the Blockstream Bitcoin satellite service is already up and running using commercial satellites. You need serious money and serious devs to get this going. Blockstream has both.Gassing Station | Finance | Top of Page | What's New | My Stuff