Topic: [Guide] Handling splits: UASFs, BIP148, etc. - page 26. (Read 48567 times)
So why now that I've just started, I already need to understand all this, and now the separation of coins and insecure accounts
Guys don't be naive. Nothing will happen and those who panic until August 1. will lose they $$$. 
Right now miners will not go for BIP 141. they will do segwit2x and bitcoin will fork. they don't like Bitcoin Core team. Bitcoin price already dropping.
It is impossible for me to use desktop wallets, paper wallets and hardware wallets. I can only use web wallets. Till now I have stored my bitcoins on exchanges (I know that it is not safe) and I would like to move them. I have also used blockchain.info. I read some posts here, I understood that Blockchain.info is not safe too. Which online wallet do you recommend? GreenAddress, BitGo or any other? Is it better to store my bitcoins in two or more wallets, not only one? Really I don't know what should I do.
Me too.....but why there are more miners and traders not know about this matter...?
i am speechless....about all what i read here now.... 
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It is impossible for me to use desktop wallets, paper wallets and hardware wallets. I can only use web wallets. Till now I have stored my bitcoins on exchanges (I know that it is not safe) and I would like to move them. I have also used blockchain.info. I read some posts here, I understood that Blockchain.info is not safe too. Which online wallet do you recommend? GreenAddress, BitGo or any other? Is it better to store my bitcoins in two or more wallets, not only one? Really I don't know what should I do.
From the beginning of my bitcoin journey, I am using web based wallets. Such as blockchain, xapo, coinbase.
For the upcoming event on August 1, now I have two ways open to secure my bitcoin according to this thread.
1. Transfer bitcoin to Bitcoin Core Wallet.
2. Convert to fiat.
But I am not interested in any of the ways.
Because bitcoin core setup will be a big headache for me due to its size and sync.
And I don't want to be a part, reason for bitcoin price drop by converting to fiat.
So I just want to know,
1. Currently I hold so many altcoins in different exchanges. So are my altcoins safe in exchanges due to August 1?
2. Will it be safe to buy more altcoins with my available bitcoins as to secure my bitcoin due to August 1? This is just to secure my bitcoins. There are some good coins such as Eth, Ltc
Though I also have confusion about the exchanges, what will be their decision after August 1.
For the upcoming event on August 1, now I have two ways open to secure my bitcoin according to this thread.
1. Transfer bitcoin to Bitcoin Core Wallet.
2. Convert to fiat.
But I am not interested in any of the ways.
Because bitcoin core setup will be a big headache for me due to its size and sync.
And I don't want to be a part, reason for bitcoin price drop by converting to fiat.
So I just want to know,
1. Currently I hold so many altcoins in different exchanges. So are my altcoins safe in exchanges due to August 1?
2. Will it be safe to buy more altcoins with my available bitcoins as to secure my bitcoin due to August 1? This is just to secure my bitcoins. There are some good coins such as Eth, Ltc
Though I also have confusion about the exchanges, what will be their decision after August 1.
You misunderstood. There is no need to install Bitcoin core. You can use a number of wallets, most of them don't download the whole blockchain. Electrum for example. If you start by making a paper wallet, you don't need to install any software wallet until after the 1st of August. In the meanwhile your coins will be safely on your paper address.
Altcoins are going down at the moment, you risk losing a lot.
From the beginning of my bitcoin journey, I am using web based wallets. Such as blockchain, xapo, coinbase.
For the upcoming event on August 1, now I have two ways open to secure my bitcoin according to this thread.
1. Transfer bitcoin to Bitcoin Core Wallet.
2. Convert to fiat.
But I am not interested in any of the ways.
Because bitcoin core setup will be a big headache for me due to its size and sync.
And I don't want to be a part, reason for bitcoin price drop by converting to fiat.
So I just want to know,
1. Currently I hold so many altcoins in different exchanges. So are my altcoins safe in exchanges due to August 1?
2. Will it be safe to buy more altcoins with my available bitcoins as to secure my bitcoin due to August 1? This is just to secure my bitcoins. There are some good coins such as Eth, Ltc
Though I also have confusion about the exchanges, what will be their decision after August 1.
For the upcoming event on August 1, now I have two ways open to secure my bitcoin according to this thread.
1. Transfer bitcoin to Bitcoin Core Wallet.
2. Convert to fiat.
But I am not interested in any of the ways.
Because bitcoin core setup will be a big headache for me due to its size and sync.
And I don't want to be a part, reason for bitcoin price drop by converting to fiat.
So I just want to know,
1. Currently I hold so many altcoins in different exchanges. So are my altcoins safe in exchanges due to August 1?
2. Will it be safe to buy more altcoins with my available bitcoins as to secure my bitcoin due to August 1? This is just to secure my bitcoins. There are some good coins such as Eth, Ltc
Though I also have confusion about the exchanges, what will be their decision after August 1.
It's not about actually doing it, but giving oneself the possibility to do it, which is simply by storing private and public keys.
This way you can do it whenever you want.
Actually in my opinion you should get everything on Blockchain, don't leave anything off-chain which will be worthless after the fork.
What if the exchange suggests one to withdraw Bitcoin on the lower-end Bitcoin fork ? :/
From the beginning of my bitcoin journey, I am using web based wallets. Such as blockchain, xapo, coinbase.
For the upcoming event on August 1, now I have two ways open to secure my bitcoin according to this thread.
1. Transfer bitcoin to Bitcoin Core Wallet.
2. Convert to fiat.
But I am not interested in any of the ways.
Because bitcoin core setup will be a big headache for me due to its size and sync.
And I don't want to be a part, reason for bitcoin price drop by converting to fiat.
So I just want to know,
1. Currently I hold so many altcoins in different exchanges. So are my altcoins safe in exchanges due to August 1?
2. Will it be safe to buy more altcoins with my available bitcoins as to secure my bitcoin due to August 1? This is just to secure my bitcoins. There are some good coins such as Eth, Ltc
Though I also have confusion about the exchanges, what will be their decision after August 1.
For the upcoming event on August 1, now I have two ways open to secure my bitcoin according to this thread.
1. Transfer bitcoin to Bitcoin Core Wallet.
2. Convert to fiat.
But I am not interested in any of the ways.
Because bitcoin core setup will be a big headache for me due to its size and sync.
And I don't want to be a part, reason for bitcoin price drop by converting to fiat.
So I just want to know,
1. Currently I hold so many altcoins in different exchanges. So are my altcoins safe in exchanges due to August 1?
2. Will it be safe to buy more altcoins with my available bitcoins as to secure my bitcoin due to August 1? This is just to secure my bitcoins. There are some good coins such as Eth, Ltc
Though I also have confusion about the exchanges, what will be their decision after August 1.
I've my bitcoin in electrum wallet and at bittrex exchange, the bitcoin at bittrex in buy orders for other coins ETH,Time and etc.. what's best option for those?
BTC
Wow this really is wild stuff and actually why I cam to the forum.
How do I check to see if my wallet will hold both the currencies? I'll bounce around on their website but does anyone have any pointers? Thanks in advance!
20000000000 How do I check to see if my wallet will hold both the currencies? I'll bounce around on their website but does anyone have any pointers? Thanks in advance!
I hope this doesn't produce a « don't do anything » or « put your bitcoins on sleep » as everybody needs to put their Bitcoins onchain and not leave them offchain to surf on top of the split.
Everybody will be awaiting until the storm finishes.
Funny thing, Bitcoin is known as a refuge currency. Now people needs a refuge to be protected from Bitcoin split.
Everybody will be awaiting until the storm finishes.
Funny thing, Bitcoin is known as a refuge currency. Now people needs a refuge to be protected from Bitcoin split.
This is the kind of information that I've been looking for. Some FB groups are spreading some high degree FUD leading to confusion among btc holders. Hopefully we'll have a solution to some of the problems that have marred bitcoin in recent times.
i think still some of like me newbie are not clear about the things
Like if i have btc in exchange like bitfinex then what to do now ?
And what happens to coin if i don't do particular thing ?
Like if i have btc in exchange like bitfinex then what to do now ?
And what happens to coin if i don't do particular thing ?
If the exchange is reliable, than your coin is safe.
The exchange will open deposit and wd after there is conclusion and continue the chain/start with new chain, whatever the result
Wallets don't store coins. The blockchain stores the coin. The wallet is just an interface.
Is your web browser holding your fiat because you can make a wire transfer using your bank's website ? No, your bank holds your fiat.
To be safe, what you need is the private keys of your BTC addresses. Nothing more, nothing less.
Is your web browser holding your fiat because you can make a wire transfer using your bank's website ? No, your bank holds your fiat.
To be safe, what you need is the private keys of your BTC addresses. Nothing more, nothing less.
It's best bet to do it before 31 July. Buy some bitcoins if you can now because the network will become clogged few days before 1 August.
i have bitcoin in a trezor wallet, will that be safe to leave or should i move it to a bitcoin qt wallet?
Yes, trezor is safe.
More read here: https://blog.trezor.io/contingency-plan-bitcoin-hard-fork-b6ce85cde028
Like i said before, some wallet may or may not save because not all wallet run in full node. Save here doesnt mean lost but have problem.
So if you get caught in the wallet that have node not running after the split than your coin will stuck until the wallet dev update their wallet
Yes, you can import your private key from stuck wallet and export to another wallet that run well as the solution.
If you optimistic about bitcoin, you just do nothing just see sit and enjoy the show. whoever the winner, your bitcoin still there. You only lost an opportunity to have "extra" coin that gain the minority hash and maybe get abandoned and no value at all.
We probably have strong swing of price but The REAL WINNER bitcoin will adjust the price after the storm, and go to the north
If you pessimistic or dont have a good heart to watch the show, just cash it out and BUY BACK the WINNER coin
If you tech savvy and like speculate, its the time to GAMBLE
So if you get caught in the wallet that have node not running after the split than your coin will stuck until the wallet dev update their wallet
Yes, you can import your private key from stuck wallet and export to another wallet that run well as the solution.
If you optimistic about bitcoin, you just do nothing just see sit and enjoy the show. whoever the winner, your bitcoin still there. You only lost an opportunity to have "extra" coin that gain the minority hash and maybe get abandoned and no value at all.
We probably have strong swing of price but The REAL WINNER bitcoin will adjust the price after the storm, and go to the north
If you pessimistic or dont have a good heart to watch the show, just cash it out and BUY BACK the WINNER coin
If you tech savvy and like speculate, its the time to GAMBLE
i think still some of like me newbie are not clear about the things
Like if i have btc in exchange like bitfinex then what to do now ?
And what happens to coin if i don't do particular thing ?
Like if i have btc in exchange like bitfinex then what to do now ?
And what happens to coin if i don't do particular thing ?
i have bitcoin in a trezor wallet, will that be safe to leave or should i move it to a bitcoin qt wallet?
Guys don't be naive. Nothing will happen and those who panic until August 1. will lose they $$$.
That's my expectation too, so those who sell will let me buy some more at lower prices. What we're talking about here is how to safely live through the possibility of a fork.
What you're talking about is taking a huge gamble that could cost you everything.
Yes it's a way to do things, but not comparable at all.
As for the others talking about selling everything, do you think early BTC adopters that are still around did this ? No, they held, and they were right to.
I am not from the very early adopters, but long enough to witness MTGox's crash from the first row of seats and trying to catch the price swings - this time I'll just wait on paper even I am running two full nodes. What you're talking about is taking a huge gamble that could cost you everything.
Yes it's a way to do things, but not comparable at all.
As for the others talking about selling everything, do you think early BTC adopters that are still around did this ? No, they held, and they were right to.
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