Author

Topic: Bitcoin fork (Read 304 times)

newbie
Activity: 29
Merit: 0
October 31, 2017, 12:44:03 PM
#8
Do not store your bitcoin on an exchange or online wallet, unless you know for sure how they will handle the fork.
member
Activity: 112
Merit: 10
October 05, 2017, 02:07:59 PM
#7
keep your private keys. if you use bitcoin wallet like core or electrum, you control your private keys. what happen after the fort and how to safely access coins on both chains will depend on how replay protection (and if) will be implemented.

do not store your bitcoin on an exchange or online wallet, unless you know for sure how they will handle the fork.

You are right, thank you!
jr. member
Activity: 58
Merit: 10
October 05, 2017, 01:57:39 PM
#6
keep your private keys. if you use bitcoin wallet like core or electrum, you control your private keys. what happen after the fort and how to safely access coins on both chains will depend on how replay protection (and if) will be implemented.

do not store your bitcoin on an exchange or online wallet, unless you know for sure how they will handle the fork.
member
Activity: 112
Merit: 10
October 05, 2017, 01:36:12 PM
#5
I am quite new in this field and don't know much, but would like to learn. Where can I read more about hardfork and what could be possible scenarios?  Thank you  Kiss
member
Activity: 98
Merit: 10
October 05, 2017, 01:27:46 PM
#4
Do you think the fork will be good or bad for Bitcoin?
newbie
Activity: 12
Merit: 0
October 05, 2017, 12:46:13 PM
#3
I like to study and i founded on bitcoin a really interesting field. But i just bought my first bitcoins a couple of weeks ago. I dont have much experience on actually using it. My question goes on which wallets let me keep both of my coins, which one don't, etc. Personally i find it really strange that people is ok with exchanges or other keeping one of the coins. As a lawyer, i think is kind of a grey area. Both coins belong to the original owner. There may be some reasons to support the contrary, feel free to share them.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
October 05, 2017, 10:59:32 AM
#2
That is why we should be very careful on this fork because a lot of phishing sites will come up like they did during the August 1 fork. Someone here lost 45.8btc to scamming site for that fork. But OP, you don't sound like a Newbie with all the insights you just shared here. You are really thorough with your suggestion and that is a good observation.
newbie
Activity: 12
Merit: 0
October 05, 2017, 10:29:36 AM
#1
I am not taking sides or anything through this post. That said, bitcoin might fork this november. If it does, any bitcoin holder should be prepared. My question is, how? I'm kind of new in this. If there's a hard fork, how i make sure im the only one on control of both, the new and the old one. Im not being griddy. Its just common sense. So please lets not make this a political or social or "satoshi's dream" conversation. Let's keep it technical.
There's a lot of people, like me, that are new on this and are really interested. But the technical side it' s specially hard whom to ask. How i make sure i hold the keys of both coins if there's a fork

Thanks a lot.
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