I think you need some bypass-type cutters, as the jaws of bolt cutters
are rarely able to close enough to cut the last few strands of wire rope
- even if they're sharp. In that way, it's better than a chain, for
anti-theft.
I've seen a simple type of cable cutter, that was a 2-piece thingo you
put on the floor, and hit with a sledge hammer - could cut up to about
an inch rope diameter.
Or, you could maybe just flame-cut it?


On the other end, I was trying to cut the cable with some good bolt cutters,
but couldn't get it good enough to fit through the tight ferrule.