Topic: How many of you are moving all of your btc off coinbase? (Read 1547 times)
I am pending with long list like coinbase, xapo, poloinex, liqui, c-cex and yobit. Probably will move off to my electrum by this weekend. My inner thoughts still sit in lazy side and misguiding me there will be no mandatory requirement for moving into privatekey accessible wallets as there will be no risk of chain split. But I am sure preparing to be safer must be good as of now as per theymos' suggestions. Because anything could happen even in 11th hour like some naughty miner may go against softforks too. Being prepared well in advance will not hurt
keeping your bitcoins particularly a large amount of it in any wallet where you don't have any control over your private keys is plainly a stupid move. worst is if its on coinbase
which got a crappy reputation because of their crappy service. if you got any bitcoin over those kinds of wallets, better put it off in a safe place. no one knows what will happen in
the coming weeks so better prioritize your coins safety first. guides about that are all over the internet. you just have to type the magic words and hit enter.
I agree, we don't have control on those kind of wallet, much better if we move it on hard wallets.. I'm not using coinbase anywaywhich got a crappy reputation because of their crappy service. if you got any bitcoin over those kinds of wallets, better put it off in a safe place. no one knows what will happen in
the coming weeks so better prioritize your coins safety first. guides about that are all over the internet. you just have to type the magic words and hit enter.
thank goodness I don't have big amount of bitcoin on my wallet and I don't have the problem on moving my balance anywhere
but it will be good if I experience things so I can learn
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How many of you are completely moving your entire contents of btc off of coinbase prior to the 7/30 date like their support email specified to do if you didn't want your coins tied up there for a short period of time?
We don't know an ETA of how long funds should be tied up there right? I don't store that much there, but I'm wondering if I should go through the motions of sending them to cold storage if it's just my loose spending money there.
I definitely won't be leaving multiple coins there but what are your guys thoughts on 1.5 btc or less?
We don't know an ETA of how long funds should be tied up there right? I don't store that much there, but I'm wondering if I should go through the motions of sending them to cold storage if it's just my loose spending money there.
I definitely won't be leaving multiple coins there but what are your guys thoughts on 1.5 btc or less?
we are free to still use coinbase to save our coins in their site but for me, i think i will not save the coins with them again and i am glad that i do it for a long time ago so for now, there is no coins in my account. its better to save our coins into other place that give best support so we don't have to worried if some bad thing is happen.
I'm not moving all my btc from Coinbase. I will continue to keep part of my bitcoins here. I know it's not safest place to keep bitcoins, but, let it be. Coinbase announced that they will not support Bitcoin Cash and all bitcoin stored here will remain as BTC. I'm not planning to move to BCC chain, so I will left these coins on Coinbase. Offcourse, I'm not using them as my main wallet. Biggest part of my btc is stored in offline wallet and safely waiting for 1st of August.
lol did you understand nothing ? you don't need to move from chain you automatically on both
you aware if you keep current btc on coinbase you lose money ?
lets say you have 10 btc on coinbase at 2600$
after split the btc gonna probably drop in price lets say maybe 10 @ 2000$
and bticoin cash gonna have some value let say 700$ (you also have 10 of it)
and so you lose 10 bitcoin cash value of 700$ each
if you had withdraw your bitcoin from coinbase you have still 10 btc @ 2000$ and also 10 bitcoin cash what you can sell if you wanna change it to btc
How many of you are completely moving your entire contents of btc off of coinbase prior to the 7/30 date like their support email specified to do if you didn't want your coins tied up there for a short period of time?
We don't know an ETA of how long funds should be tied up there right? I don't store that much there, but I'm wondering if I should go through the motions of sending them to cold storage if it's just my loose spending money there.
I definitely won't be leaving multiple coins there but what are your guys thoughts on 1.5 btc or less?
We don't know an ETA of how long funds should be tied up there right? I don't store that much there, but I'm wondering if I should go through the motions of sending them to cold storage if it's just my loose spending money there.
I definitely won't be leaving multiple coins there but what are your guys thoughts on 1.5 btc or less?
Bottom line do not store your bitcoin on the redeem site, even bitcointalk administrators have announced things to be prepared on August 1st. I hope you can address that, if you have not read yet you can read it in this thread: https://bitcointalksearch.org/topic/august-1-bip148-preparedness-2017191
Done a long time ago when they closed my account, lol. I actually miss coinbase and circle, because it was the easiest way(s) to buy bitcoin. Ah, well. Whether you move them or not, just know that they're one of a very few reliable companies out there where you can buy bitcoin for fiat. I hear a lot of bitching about them, but they have masters to serve and they have to comply with KYC regs--but they are a solid company.
Now the balance in the coinbase I've empty, I'm worried about the issue of hard fork to make bitcoin lost and can not be claimed, more secure because I was exchange with fiat.
I'm not moving all my btc from Coinbase. I will continue to keep part of my bitcoins here. I know it's not safest place to keep bitcoins, but, let it be. Coinbase announced that they will not support Bitcoin Cash and all bitcoin stored here will remain as BTC. I'm not planning to move to BCC chain, so I will left these coins on Coinbase. Offcourse, I'm not using them as my main wallet. Biggest part of my btc is stored in offline wallet and safely waiting for 1st of August.
It will probably take even longer as the 30th approaches so if you're moving coins off of there I'd recommend doing it ASAP.
I've already moved mine out - that's very good advice.
It's pretty stupid to keep Bitcoin on an exchange right now, especially with all the hacks and goings-on as of late. although most exchanges have given forewarning about how they will handle the fork, if there is some maintenance issue your coins could be locked on the platform and you might miss out on the forks. Everyone has horrible support, so it is something to avoid at all costs if you can.
with as much money as exchanges make I don't want to give them my free BitcoinABC and BitcoinCash.
besides, your coins aren't truly safe unless they are under your control
It will probably take even longer as the 30th approaches so if you're moving coins off of there I'd recommend doing it ASAP.
I've already moved mine out - that's very good advice.
I think most of the users would move their bitcoin out from coinbase wallet, as the news of a User Activated Hard fork (UAHF) to happen on 1st august is spreading fast, I believe many crypto-currency exchanges are also facing a huge volume of users moving bitcoins out from their sites too.
yes, surely it would be huge volume which user who want to moving out their btc from coinbase , so doing asap its should better.it is recomended by coinbase here
https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faq
'you should withdraw your BTC from Coinbase to an external wallet address under your control by July 31.'
'there is no risk to your existing funds. Leaving BTC in your Coinbase wallet will not change anything about your BTC. However, you should move your BTC off Coinbase if you would like access to coins on the new UAHF chain.'
However the possibility of what will happen, best option choice that we moving bitcoins from exchanges for a while .
keeping your bitcoins particularly a large amount of it in any wallet where you don't have any control over your private keys is plainly a stupid move. worst is if its on coinbase
which got a crappy reputation because of their crappy service. if you got any bitcoin over those kinds of wallets, better put it off in a safe place. no one knows what will happen in
the coming weeks so better prioritize your coins safety first. guides about that are all over the internet. you just have to type the magic words and hit enter.
which got a crappy reputation because of their crappy service. if you got any bitcoin over those kinds of wallets, better put it off in a safe place. no one knows what will happen in
the coming weeks so better prioritize your coins safety first. guides about that are all over the internet. you just have to type the magic words and hit enter.
I think most of the users would move their bitcoin out from coinbase wallet, as the news of a User Activated Hard fork (UAHF) to happen on 1st august is spreading fast, I believe many crypto-currency exchanges are also facing a huge volume of users moving bitcoins out from their sites too.
I think that we need to move our btc to our hard wallets and to other wallets that we have the 2fa or the two factor authentication. From there we can assure that we have our btc after the segwit. IT IS SAFE.
I have withdrawn all of my bitcoin from every trading platform and actually I am not using coinbase right now so I don't have anything there to withdraw out. I have kept my altcoins in their respected wallet except few which are not easy to store out of the exchange platforms.
Many exchange platform might go down during segwit and hardfork; I am expecting poloniex and coinbase to go completely down on first few days of august so withdrawing out any of the alts along with bitcoin you have in them and in other platforms will be wise decision.
Many exchange platform might go down during segwit and hardfork; I am expecting poloniex and coinbase to go completely down on first few days of august so withdrawing out any of the alts along with bitcoin you have in them and in other platforms will be wise decision.
Regarding the hard fork on August 1st people become so crazy. Coming a question, Is it safe to leave Bitcoins in Coinbase though Coinbase announced support for it. At the moment, Is Coinbase will remain safe? NO, I can't feel confident that all of my funds will remain safe such of exchange wallet nor Coinbase.
I have moved all my coins off coinbase/exchanges to trezor. one should really avoid keeping any coins on exchanges, they can't be trusted!
gox-cryptsy-btce-? next one would be?
gox-cryptsy-btce-? next one would be?
As long as it never happens to them, people don't want to learn. When it happens to them you see them yelling scam, etc.
It's fine to use a web wallet for your daily transactions or quick and easy access, but storing everything on it, is a big NO
I have moved all my coins off coinbase/exchanges to trezor. one should really avoid keeping any coins on exchanges, they can't be trusted!
gox-cryptsy-btce-? next one would be?
gox-cryptsy-btce-? next one would be?
I would buy a hardware wallet for all major coins where possible or run your own client.
Therefore, I would definately recommend you to move your coins from coinbase now and keep them off unless you want to trade.
Therefore, I would definately recommend you to move your coins from coinbase now and keep them off unless you want to trade.
Very sound advice, but people still need to trade coins to retain it's value and also to steer it's direction IF there is a coin split.
I would say most of these exchanges will follow the majority decision and that can only be determined IF people still trade on
these exchanges. This is just me, but I will move at least 80% of the coins I usually trade with onto cold storage, where I
have FULL control over the private keys and then keep 20% of my coins on my favourite exchange, to help to steer the
direction that this experiment should take.
I would buy a hardware wallet for all major coins where possible or run your own client.
Therefore, I would definately recommend you to move your coins from coinbase now and keep them off unless you want to trade.
Therefore, I would definately recommend you to move your coins from coinbase now and keep them off unless you want to trade.
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