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RE: Why Bitcoin Cash Could Change The Crypto Game Forever... And That Isn't A Good Thing.

in #bitcoin7 years ago

I know some not so savvy people who owns a lot of Bitcoin. Smart people who bought tons of it back in 2012-2013. I don't even know if they know it has forked. What happens if they spend some bitcoin? I mean if you have them on for example Electrum wallet and you havent split them?

And another question; I have mine on Electrum wallet, and I have to manually split them. Right now, that doesnt seem safe to do with the electron cash. Can I wait (hypotethically forever?) There is no time limit to split my btc into bcc?

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Great questions. I don't know about the Electrum wallet, but yes to the second question. If you have your private keys and you held Bitcoin when the fork happened, you should be able to claim the BCC whenever you want.

Great questions... I'm going to look into the first one a little more. I don't want to give you the wrong answer.