This is an interesting coin with not usual history.
First, it was a fork of Zcash ZEC, later they made a chain split on themselves called ZEN and now.. they are making BTCP aka Bitcoin Private out of ZCL.
ZCL will not be maintained by the current team but since its decentralized and working- will stay alive.
Worth to not that coin just dumped a lot - hence ive decided to make a post. I was thinking of skipping this info since it was in ATHs all time, but now its reachable.
Every owner of BTC and ZCL will get coins in 1:1 ratio by example: (1 ZCL = 1 BTCP.) (1 Bitcoin = 1 BTCP.) (1 ZCL & 0.5 BTC = 1.5 BTCP.)
Exchanges to honor fork ?
We only know of TradeToshi that nobody uses and HitBTC. Since Bittrex has ZCL ZEN and ZEC we can expect them to add BTCP but nothing is confirmed. I assume Cryptopia will add it also but may be delayed. CoinExchange has all anon coins or forks pretty much (DASH EXCL XZC XMRG etc) so id assume they gonna credit it fast.
Binance and KuCoin ofter add forks.
Have to be safe ?
Put BTC into Electrum and ZCL into Zclassic electrum - https://github.com/BTCP-community/electrum-zcl/releases
This way you can be 100% sure that you will have access to funds.
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
 |
|---|
Zclassic is dumping pretty hard right now. I think it will continue dumping after the fork
Thank you for this information @kingscrown. Will look out for BTCP. I hope it does well.
We will see how BTCP does. Seems a little late to the game. Time will tell...
I hope bittrex gives it to me They'd better or I will cry
ZCL price drop wasn't worth the fork lol Another typical sell the news early story. I'm getting good at this game lol
Thanks for your informative content!
I have a feeling bittrex will make a last minute announcement
how do you get your BTCP if you hold bitcoin? I have mine in a trezor and won’t be moving it to gain this, nor providing my private keys. Is there another way?
Will BTC price go up after this
it wont change much in BTC price i think
I think that traders are just having a good time right now, it's probably just going to keep consolidating for awhile.
I was hoping Bittrex would offer it, but I am unsure if they will since they haven't said anything yet publicly at least not to my knowledge. I do think electrum is the safest play to store it for the fork since you'll hold the priv keys at that point
B
Bittrex stated they would not support the fork, and also that IF they were to support a future fork they would state it officially in good time upfront.
So if you have your ZCL or BTC at Bittrex youu do not get any BTCP for them.
Is there a link to where they have stated they won't be supporting the BTCP fork? I can't find anyting official.
https://support.bittrex.com/hc/en-us/articles/115001919932-Claims-Stakes-Promotions-Giveaways-Forks-and-Airdrops
Not BTCP specific but any fork
no body confirmed which xchange will support fork n which not then why this fork happening .......
Bittrex is a hard sell on a lot of these. They really are quality nuts, despite any negativity out there, and put in a tremendous amount of work to make sure things run smoothly.
Interesting airdrop strategy. Apparently 1BTC = 1ZCL, which doesn’t quite add up. Curious how BTCP will fair from these humble beginnings :)
Thoughts?
Please some one should educate me I don't understand anything bout cryptocurrency, ZCL or even BTCP. thanks
So if we hold Zclassic on an exchange will get credit on the new coin after the fork
possible but doubtful unless the exchange said they would support the fork. generally it is not advisable to keep your coins on exchanges. do you transactions there and move the coins to their wallets.
also, no one should invest without understanding what the object of the investment is.
the exchange has to support the fork and one of the main reasons for the huge dump is bittrex hasn't confirmed. theres also some fud about the way they dealt with mining and giving low mining rewards
Great article. I m looking forward to this fork and have been mining. I wrote an arrticle on it as wwell. Best! https://steemit.com/bitcoin/@instatrashed/bitcoin-private-the-only-bitcoin-fork-that-ever-mattered-is-about-to-happen-and-the-price-is-tanking
Congratulations @kingscrown, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 412 and the total pending payments to posts in this category was $8480.28. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Hmm i wonder if they doing a fork to get listed to kucoin cheaper?
Thank you so much for bringing us informative posts about Cryptocurrencies. It is really helpful for us-newbies.
Muy bueno amigo interesa mucho estos temas para nosotros los amantes del trading saludos desde Venezuela.
Very impressive.gif)
This is really nice
quite informative. THanks for posting
Thanks for the info and education @journeyfreedom
Check out these 6 crypto Airdrops to get some free Crypto!
https://steemit.com/resteem/@la2410/here-s-6-new-airdrops-get-your-free-cryptocurrency-today
You got a 1.37% upvote from @buildawhale courtesy of @kingscrown!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
Steem price will remain same.
Could you donate something of btc for this poor?
17uWMEPtPrHKjBK6GCAwp8bPWYtejjH8ar
Since not everyone will be using electrum would you give a tutorial for people who have zcl in wallet so they can claim their BTCP.
Thanks for letting us know about this? Any word on the date this may happen?
Tommorow!
Interesting information. Thanks.
Me investing in bitcoin like
https://steemit.com/dmania/@philander5up/me-right-now-when-you-went-all-in-into-crypro-zg1hbmlh-gtnl8
I got a ZCL wallet on my laptop that is not backed up, and the cpu fan died last weekend, just when I was going to move the coins over to my other wallet. Just hope nothing is corrupted, as the zcl windows wallet is the most unstable wallet I've tried ever.
Reminder: Backup backup backup :)
Bittrex eventually bullish, at present there are many adverse factors of his, but he believes that one day he will rise to $50000 or $100000 a.
I'm interested to see how BTCP does. From the outside, it looks like they have a lot of community interest, but it also looks a bit pump and dumpy. Also, Vitalik brought up a great question...
Time will tell.
Disclaimer: I am just a bot trying to be helpful.
I'm taking the wait & see approach to claiming any fork shitcoins. It would be super easy for a bad actor to create a Bitcoin fork with the sole purpose of doxxing people and their holdings, if not outright steal them.
Thanks upvote
Thanks bro.
Kucoin supports BTCP as well, lets see if it was worth it!
Its down to 30$ lol. Time to buy and make some money.
Just posted a post after this big dump.. https://steemit.com/trading/@akinnfenwa/buy-the-dip-zclassic
Nice blog
I love it
I like your all post
Upvote, followed and resteemed your this post.