Topic: Upcoming forks and wallet question (Read 185 times)
The only thing that is important is to have the privat key.
the news has been given that December 28 will be a fork of bitcoin now we must wait for each exchange and wallet publish how they act with this fork. first time I know anybits but what I can recommend is that you leave your bitcoin in a wallet where you manage the private key.
I'm new to all this.
Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
The claiming of free coins only work if you keep the coins inside a specific wallet before the scheduled forking. Not all coins are worth claiming, you have to watch out for wallets that have keyloggers or other viruses because they tend to take peoples information. Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
The wallet is not the problem and is about your coins being held in a pool account like happens with
Coinbase instead of being where they should be, in your name (Public address you have the key too) and
on the official block chain
if you have the coins and the keys then you can sort a new wallet out at a later stage so you
are not hold by the balls by Coinbase who would love to hold on to any free gifts coming your way
in the form of forks like the segwix2x that might or might not happen on the 28th of Dec 2017
When a fork happens the database (Ledger) get cloned and you need your coins in the database before a
copy is taken
Coinbase instead of being where they should be, in your name (Public address you have the key too) and
on the official block chain
if you have the coins and the keys then you can sort a new wallet out at a later stage so you
are not hold by the balls by Coinbase who would love to hold on to any free gifts coming your way
in the form of forks like the segwix2x that might or might not happen on the 28th of Dec 2017
When a fork happens the database (Ledger) get cloned and you need your coins in the database before a
copy is taken
definitely if are interested in the new coin after the fork, it's better to move your dust to an offline wallet, in this way, owning the private key, you have the total control of your coins and on top of that, you will be able to claim coin after the fork.
Personally i'm using electrum wallet and it works properly and it's very easy to use, next step will be an hardware wallet next year.
Personally i'm using electrum wallet and it works properly and it's very easy to use, next step will be an hardware wallet next year.
many wallets support new forks like BCH "blcokchain.info , coinbase,............."
if other forks started wallet may support it in future.
keep your bitcoin in many wallets better
if other forks started wallet may support it in future.
keep your bitcoin in many wallets better
Thanks - yes they did with bitcoincash. However they say they make no promises to do so in the future and just to watch for announcements.
So, it would be best to move your btc to a wallet, where you have control of private keys. I would advice to use Electrum desktop wallet, Coinomi Android wallet, or you can make a paper wallet and send btc to it. If wallet that you are using will not support fork, you only will have to import private keys to wallet, which supports fork.
Thanks - yes they did with bitcoincash. However they say they make no promises to do so in the future and just to watch for announcements.
You just go ahead and contact the customer support of the wallet that you're going to consult at. Probe them if they paid some of its investors.
I'm new to all this.
Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
Choose a wallet that provides you the private key and don't use an online wallet (only if they offer the support for the new coins). Web wallets don't let you know the private key, so if anything unexpected happens you will be without your coins. Web wallets are a bit like exhcanges, if the sitution goes wrong, they just close and you will have to say goodbye to your coins. Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
I'm new to all this.
Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
Correct.
Have you tried to ask their customer support if they have paid those who will have bitcoin cash from that fork?
If they did then there is possibility they can also pay with new coins.
But if you really aiming for the new coins then you better look for a new wallet that supports it.
It aint hard to look for one, they are al over here.
I'm new to all this.
Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
Purchased a fraction of a bitcoin a couple of weeks ago through bittylicious
I have it stored in a wallet at anybits.com
Now I understand that when a fork comes along you usually automatically get some of the new currency.
However, anybits have not yet decided if they will support the new currencies.
So presumably that means I wouldn't get the new coins?
If that's the case should I move my coins to a different wallet?
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