User avatar
BitcoinNewsMagazine
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 217
Joined: Thu Sep 24, 2015 5:03 pm
Contact: Website Facebook Twitter

Re: "The Bitcoin Group: Do not sent coins to ViaBTC, Bitcoin Cash is a scam!"

Sat Jul 29, 2017 10:54 pm

I think ViaBTC is an honourable company. I have been using them since they first started selling hosted S9 mining with zero problems.

Bitcoin Cash is not a scam, it is the cryptocoin that will be mined by the Bitcoin ABC hard fork of the Bitcoin Core client coming August 1. It remains to be seen how many miners will switch from mining BTC to mining BCC (or BCH - I think they will have to change the symbol due to a conflict as there is already a BCC - BitConnect.)

The industry is taking the hard fork seriously. Trezor dropped everything to make sure their users will be able to claim BCC for the BTC stored on their Trezors. There is probably more bitcoin stored on Trezors than any other form of cold storage, so you can be sure the developers will handle the split properly.

Personally I think BCC will be dumped down below $50 or so on August 1 or 2 providing a buying opportunity if you are thinking long term. If you own bitcoin you already will have airdropped BCC to claim on Aug 1 if you have the private keys in your possession.

For counterpoint if you are thinking of investing in BCC read this article The Myth of Bitcoin Cash.

lethos3
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 103
Joined: Fri Jul 08, 2016 9:49 pm

Re: "The Bitcoin Group: Do not sent coins to ViaBTC, Bitcoin Cash is a scam!"

Sun Jul 30, 2017 2:38 am

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Last edited by lethos3 on Sun Mar 10, 2019 8:54 pm, edited 1 time in total.

Neoclassical
Banned
Banned
Posts: 314
Joined: Sun Jul 09, 2017 3:40 pm

Re: "The Bitcoin Group: Do not sent coins to ViaBTC, Bitcoin Cash is a scam!"

Wed Aug 02, 2017 7:25 pm

Thanks for warning. I got suspicious once I read some people sending BCH successfully to via BTC. I knew something was up.
We don't need no centralisation. ImageImageImage

Return to “Media”

Who is online

Users browsing this forum: No registered users and 1 guest