As many of you know tomorrow is the bitcoin hardfork (2017-08-01 12:20 p.m. UTC.)
Some Chinese miners are going to fork to a new bitcoin chain called 'Bitcoin Cash':https://www.bitcoincash.org/
BTC holders (who own there own wallet, private keys) will then have an equal amount of Bitcoin Cash (abbreviated BCC or BCH).
I read that many people will try to sell their Bitcoin Cash and try to gain a bit from it before the price crashes. The price might go to 0 and maybe Bitcoin Cash chain dies.
Get your 'Bitcoin Cash' (BCH)
Transfer your Bitcoin to a wallet that YOU own, that means you own the private key. Still have your coins on an online wallet or exchange? This is a guide to make your own paper wallet: https://docs.google.com/document/d/1RDU2XgEtG0yXW1rHOX1_E7WDST0vFTkdvnD1DdCTghw/edit?usp=sharingAcces your new 'Bitcoin Cash' so you can send them.
a)Fork happens on 2017-08-01 12:20 p.m. UTC. You still have your BTC on your wallet but now also a equal hidden amount of BCH.
b) Split your BTC from the hidden BCH (to secure your BTC). Do this by making a new wallet (Wallet B) and sending your BTC from your original wallet (Wallet A) to this new wallet (wallet B).
c)Now your BTC and BCH are split you can safely send your new BCH without risking you messing up your BTC. Use your private key to recover your wallet (Wallet A) on BCH wallet software like: http://www.electroncash.org/
d)From wallet A now accessed with the BCH wallet software you can now send your BCH coins.Trade for a profit before bitcoin cash is worth nothing and the chain dies.
Send your BCH to any exchange that trades Bitcoin cash (BCH, or some call it BCC)
The supporting exchanges are listed here: https://www.bitcoincash.org/
Update !!!!
Bittrex accept BCC, get ready for the crash
https://steemit.com/bitcoin/@artakan/bitrex-bitcoin-cash-deposit-open
BCC is flying. if you have already sold you missed your flight.
Want to keep an eye on if the fork happened: https://www.btcforkmonitor.info/
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Ok. Tell me if i'm getting this right.....
Bitcoin is on a paper wallet. I can send the visable ballance to my mycelium wallet, (that would be my BTC), then access the paper wallet again through some BCH software and I'll be able to see and move my BCH. Right?