Topic: help this noobie with 1 aug (Read 900 times)
Now see the heights it has reached !! BTC forever !
some one please tell me what to do im fed up, not finding anyway
1. should i store btc anywhere .if yes , then where?
1. should i store btc anywhere .if yes , then where?
no store with a wallet that you hold private keys.
2. should i sell off?
not for now as bitcoin is going to fly soon.
3. should i buy any other alt?
it doesn't matter buy at your own risk.
I keep hearing about Bitcoin Cash lately. What exactly is this? Is this the currency that would appear in case of a hard fork on BTC? Or am I way off?
This will clear your doubts about BCC.https://www.cnbc.com/2017/07/31/blockchain-fork-will-create-new-digital-crypto-currency-bitcoin-cash.html
I keep hearing about Bitcoin Cash lately. What exactly is this? Is this the currency that would appear in case of a hard fork on BTC? Or am I way off?
1st Aug. seems to much to handle. I'm cooling off till 5th just to be sure.
Also expect support for Bitcoin Cash (BCC) to rise.
Simple to guess that people will want faster transactions and a hard fork is the only good way to do it. Even Segwit2x implementation is too slow.
Simple to guess that people will want faster transactions and a hard fork is the only good way to do it. Even Segwit2x implementation is too slow.
I would suggest to store your coins in a hardware wallet like the ledger Nano S.
: https://www.ledgerwallet.com/r/a117?path=/products/
: https://www.ledgerwallet.com/r/a117?path=/products/
I don't feel you should worry about Aug 1 anymore. Segwit2x will bring 2Mb hard fork most probably in Nov. So nothing much will happen on 1st except UASF being rejected.
i read somewhere that storing in browser or online wallet is not a good idea even if you have the key . people saying to store btc in offline or desktop wallet like btc core. but its hell lot of a task to download that . it downloads full blockchain of 120 gigs . from past 4 days i am trying and its done only upto 30%
if you net speed is good then try download bootstrap rather then download from wallet direct ,then you can replace transaction data ,its done.there is nothing wrong in storing in online wallet unless you have private key.and if you cant do both of them so its advise you can convert your bitcoin to any other major coin for time being,it will solve your problem.
i read somewhere that storing in browser or online wallet is not a good idea even if you have the key . people saying to store btc in offline or desktop wallet like btc core. but its hell lot of a task to download that . it downloads full blockchain of 120 gigs . from past 4 days i am trying and its done only upto 30%
some one please tell me what to do im fed up, not finding anyway
1. should i store btc anywhere .if yes , then where?
2. should i sell off?
3. should i buy any other alt?
4. you tell me please
1. should i store btc anywhere .if yes , then where?
2. should i sell off?
3. should i buy any other alt?
4. you tell me please
1. should i store btc anywhere .if yes , then where?
by now you should have known where to save your bitcoin, I would recommend blockchain.info as the best source and it is also essential that you must have the private key of the wallet with you. the hardforks only affects you if you are transferrring bitcoins during the forks, so dont make any transaction during the entire week from july 31 to aug 7, by then we will get a clear picture.
Just remember, if you dont have the private key, you dont own any bitcoin.
2. should i sell off? 3. should i buy any other alt?
This is your call, you sell and then the forking issue is solved then btc climbs big, you will pay a higher price later, but again the reverse could also happen, so at the end of the day its your own final call.
Understand this way.
In simple language,
BIP141-
It is the old Segwit solution implemented by 25% miners.
BIP91-
This is the new segwit2x solution. That is getting activated. This is the first step for 2mb block increase llimit.
BU-
Is the Bitcoin Unlimited showing support 31.9%.
The second step for Segwit2x (after BIP91) will be BIP148 which will get activated on 1st August. This will require 80% support.
You can store bitcoins in hardware wallet or i dont think storing in blockchain will matter. You can also purchase any altcoins because BIP148 will not affect altcoins.
In simple language,
BIP141-
It is the old Segwit solution implemented by 25% miners.
BIP91-
This is the new segwit2x solution. That is getting activated. This is the first step for 2mb block increase llimit.
BU-
Is the Bitcoin Unlimited showing support 31.9%.
The second step for Segwit2x (after BIP91) will be BIP148 which will get activated on 1st August. This will require 80% support.
You can store bitcoins in hardware wallet or i dont think storing in blockchain will matter. You can also purchase any altcoins because BIP148 will not affect altcoins.
some one please tell me what to do im fed up, not finding anyway
1. should i store btc anywhere .if yes , then where?
2. should i sell off?
3. should i buy any other alt?
4. you tell me please
1. should i store btc anywhere .if yes , then where?
2. should i sell off?
3. should i buy any other alt?
4. you tell me please
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