Author

Topic: ETH Byzantyum HF (Read 205 times)

newbie
Activity: 45
Merit: 0
October 13, 2017, 02:28:01 AM
#11
I find that keeping coins on an exchange makes the process easier for these splits. If a split happens then they will give the coins (Not including coinbase as they are very slow)
But ofcourse keeping coins on an exchange is risky. hassle vs risk
legendary
Activity: 1218
Merit: 1001
October 13, 2017, 02:24:02 AM
#10
Its better to store your ethereum in your own wallet such as MEW. You will need private keys to access new ethereum network.
This Hard fork will make ethereum the best coin in the world.
full member
Activity: 194
Merit: 100
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October 13, 2017, 02:14:38 AM
#9
There needs to be a book that is called forking for dummies seriously. Because this stuff is getting out of hand and happens too often that most people probably dont know whats happening. Heck I am not the dumbest guy

and I barely know what is ongoing with all these forks. It will help a lot of new people getting into crypto and help keep confidence in bitcoin higher. I say this because bitcoin will have forked what 2x this year and who knows

how many more times to come. Bitcoin should always be bitcoin but thats what you get when you have open source
legendary
Activity: 1946
Merit: 1137
October 13, 2017, 02:09:55 AM
#8
Thank you for the answers. And a little more question: are we going to be rich? Grin

probably not Wink
first because if there were a pump coming, it would have happened already. the clock is ticking, and the pumps should always happen before the news not long after it. this has always been how the news works.

second because when they eventually switch to PoS and the rewards is distributed to ETH holders on intervals, many will start gaining free coins as their reward and they will want to sell them. or at least a part of it to make profit. this always creates a sell pressure in coins with staking reward and a sell pressure means declining price.

with that said this is ethereum we are talking about. the whales can decide to go against everyone with their millions of dollars and make a big pump happen!
full member
Activity: 874
Merit: 125
October 13, 2017, 01:30:10 AM
#7
For user level, the Ethereum fork makes no any visible change. You can normally use your ethereum and you'll not get any other forked coins or have any problems transacting normally.
full member
Activity: 294
Merit: 125
October 13, 2017, 01:28:08 AM
#6
Thank you for the answers. And a little more question: are we going to be rich? Grin

If you will hold Bitcoin and Ethereum for a long time and invest on good and promising ICO we are going to be rich.  Grin
newbie
Activity: 37
Merit: 0
October 13, 2017, 01:24:46 AM
#5
Thank you for the answers. And a little more question: are we going to be rich? Grin
sr. member
Activity: 826
Merit: 440
October 13, 2017, 01:09:54 AM
#4
What about the Ethereum in the MuEtherWallet ?
I think there is nothing to do because MEW use the reals Ethereum blockchain private keys, but no confirmations about that.

Be carrefull to the scams who ask you to withdraw your coins...
sr. member
Activity: 784
Merit: 282
October 13, 2017, 01:01:06 AM
#3
As of date and time of posting,

1. No, you will not get two sets of coins because the old version of ethereum will be abandoned. Nobody seems to be serious about maintaining and mining the older coin. All exchanges will upgrade and only recognize the new coin.

2. Yes, your ETH should be safe on an exchange as long as they upgrade. But to be safe, make sure you keep it somewhere where you have access to the private key.
newbie
Activity: 37
Merit: 0
October 13, 2017, 12:55:37 AM
#2
completing the second question: I keep it in exchange.
newbie
Activity: 37
Merit: 0
October 13, 2017, 12:53:23 AM
#1
I have 2 question :
1. after Byzantyum HF do i get two sets of coins?
2.my eth will be ok if i keep it in?
Thank you for the answers.
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