We have two kinds of bitcoins now : Legacy bitcoin (BTC) and bitcoin cash (BCH or BCC). For uniformity, let’s abbreviate the latter with BCH.
The 1st of August 2017, 2:14 p.m. ET , will forever be remembered as the day when bitcoin hardforked into two separate chains as of block number 478559.
ViaBTC mined the first bitcoin cash 1MB block making it official. BCH is currently trending at ¥2,700 which is approximately $400.00. The original bitcoin (BTC) is going strong at $2,762.
_____________[ this is from LocalBitcoins ] ____________
oksana.localbitcoins
On August 1st a new Cryptocurrency was created called Bitcoin Cash. Anyone who controlled Bitcoin on August 1st at 12:20 PM UTC now also controls a corresponding amount of BCH with the same private key.
LocalBitcoins has always run the Bitcoin core software and this software only supports Bitcoin. As in the previous times when new cryptocurrencies have been launched that have either promised tokens to Bitcoin holders or outright copied the Bitcoin Blockchain (Clams, Lumens), LocalBitcoins has not offered support for the currency or allowed withdrawals of it.
LocalBitcoins main priority is to keep Bitcoins deposited by customers safe. Adding support for new Cryptocurrencies that share private keys with Bitcoin would expose customer funds held by us to great risks, risks that we believe are larger than the benefits these cryptocurrencies provide.
While we are not opposed to adding other cryptocurrencies to our platform, at this point in time we do not have any plans to support any cryptocurrencies other than Bitcoin.
_____________[ above is from LocalBitcoins ] ____________
at Coinbase , both bitcoin and bitcoin cash remain safely stored on Coinbase.
Customers with balances of bitcoin at the time of the fork now have an equal quantity of bitcoin cash stored by Coinbase.
_________________________________________
Long story short …
- LocalBitCoin offer no support for Bitcoin Cash
- If you had Bitcoin (BTC) on LocalBitCoin when the new alt BCH (Bitcoin cash) was created you will not get any BCH.
- That's it.
BUT,
I hope localbitcoin.com will come around do the same way like CoinBase.
The 1st of August 2017, 2:14 p.m. ET , will forever be remembered as the day when bitcoin hardforked into two separate chains as of block number 478559.
ViaBTC mined the first bitcoin cash 1MB block making it official. BCH is currently trending at ¥2,700 which is approximately $400.00. The original bitcoin (BTC) is going strong at $2,762.
_____________[ this is from LocalBitcoins ] ____________
oksana.localbitcoins
On August 1st a new Cryptocurrency was created called Bitcoin Cash. Anyone who controlled Bitcoin on August 1st at 12:20 PM UTC now also controls a corresponding amount of BCH with the same private key.
LocalBitcoins has always run the Bitcoin core software and this software only supports Bitcoin. As in the previous times when new cryptocurrencies have been launched that have either promised tokens to Bitcoin holders or outright copied the Bitcoin Blockchain (Clams, Lumens), LocalBitcoins has not offered support for the currency or allowed withdrawals of it.
LocalBitcoins main priority is to keep Bitcoins deposited by customers safe. Adding support for new Cryptocurrencies that share private keys with Bitcoin would expose customer funds held by us to great risks, risks that we believe are larger than the benefits these cryptocurrencies provide.
While we are not opposed to adding other cryptocurrencies to our platform, at this point in time we do not have any plans to support any cryptocurrencies other than Bitcoin.
_____________[ above is from LocalBitcoins ] ____________
at Coinbase , both bitcoin and bitcoin cash remain safely stored on Coinbase.
Customers with balances of bitcoin at the time of the fork now have an equal quantity of bitcoin cash stored by Coinbase.
_________________________________________
Long story short …
- LocalBitCoin offer no support for Bitcoin Cash
- If you had Bitcoin (BTC) on LocalBitCoin when the new alt BCH (Bitcoin cash) was created you will not get any BCH.
- That's it.
BUT,
I hope localbitcoin.com will come around do the same way like CoinBase.
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