Topic: Wallet recommendations for Aug 1 - segwit / bip148 (Read 928 times)
Exchange do send out such letters, but such letters were sent out wallets I have not heard. I have a few purses and everyone is silent. It seems to me that they do not expect problems. Problems is only possible with the transaction.
Maybe a mobile wallet such as Mycellium which is easy enough to install and then you get your private keys and you can direct your mining to your own wallet, Coinbase along with most other online wallets own your private keys which in turn means they own your bitcoin in a similar way that banks do.
Yes mobile wallets are good but now I am getting emails from our local exchanges website they are telling to withdraw all our bitcoins. The reason is if anything changes in server and it affects to bitcoins they are not responsible. I also thinking where to shift my bitcoins can I buy altcoins or what don't know.
What brand of hardware wallet should i take? 
Thanks for a the replies, looks like I started a good topic.
By Aug 1 I will probably have near 0.25 BTC mined and while it might be small amount I would not want to lose my earnings.
By Aug 1 I will probably have near 0.25 BTC mined and while it might be small amount I would not want to lose my earnings.
Dude, you don't need to open a thread like this. Theymos already made a thread and it is on top of the forum:
[Guide] Handling splits: UASFs, BIP148, etc. ->https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799
Including it in are the best wallet to used in preparation of a split. Goodluck.
Maybe a mobile wallet such as Mycellium which is easy enough to install and then you get your private keys and you can direct your mining to your own wallet, Coinbase along with most other online wallets own your private keys which in turn means they own your bitcoin in a similar way that banks do.
Hi, I have a bit of BTC with coinbase. Not enough to motivate me to install a wallet etc as I just started.
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
wow its really nice to see that the number of the bitcoin users is increasing day by day you did a good job if you bought bitcoin and you are going to keep your bitcoin in a wallet bitcoin n has a lot of online and offline wallets coin base is also a good wallet to keep your bitcoin save today 85% of people are using coin base for bitcoin and it is really beneficial in this regard. Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
Thanks for a the replies, looks like I started a good topic.
By Aug 1 I will probably have near 0.25 BTC mined and while it might be small amount I would not want to lose my earnings.
By Aug 1 I will probably have near 0.25 BTC mined and while it might be small amount I would not want to lose my earnings.
Hi guys,
I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.
On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?
I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.
On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?
Well coinbase is safe as well if you don't have trust issues. Since it's just some fractions of Bitcoin and not much you can save it with coinbase.
Customers who wish to access both blockchains at the time of the hard fork should withdraw their BTC from Coinbase since we cannot guarantee what will happen during the hard fork or when this access may be available.
Thank you very much. That what I found as well I thought I had missed something!
It's quite astonishing to see an exchange as important as Coinbase not giving more assurance in light of such a big event!
Actually, given the behaviours of exchanges and site wallets in the past with regards to possible forks, this isn't surprising at all. For one thing, they don't want to bother with maintaining yet another coin when they can just keep it all for themselves. Making no promises are probably better than making promises, but keeping quiet in a way is protecting themselves from liability.
For another, any sort of announcement like that might cause people to panic and make wholesale sells or withdraws (given that a lot of users probably won't be aware of what's happening anyway).
Hi, I have a bit of BTC with coinbase. Not enough to motivate me to install a wallet etc as I just started.
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
They posted this regarding BU in the past: https://blog.coinbase.com/update-for-customers-with-bitcoin-stored-on-coinbase-904dea08ac5f
I don't find anything newer, so i think the odds are pretty big their reaction won't change regarding the upcoming potential fork.
directly from this blogpost:
Quote
Customers who wish to access both blockchains at the time of the hard fork should withdraw their BTC from Coinbase since we cannot guarantee what will happen during the hard fork or when this access may be available.
Thank you very much. That what I found as well I thought I had missed something!
It's quite astonishing to see an exchange as important as Coinbase not giving more assurance in light of such a big event!
Hi, I have a bit of BTC with coinbase. Not enough to motivate me to install a wallet etc as I just started.
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
They posted this regarding BU in the past: https://blog.coinbase.com/update-for-customers-with-bitcoin-stored-on-coinbase-904dea08ac5f
I don't find anything newer, so i think the odds are pretty big their reaction won't change regarding the upcoming potential fork.
directly from this blogpost:
Quote
Customers who wish to access both blockchains at the time of the hard fork should withdraw their BTC from Coinbase since we cannot guarantee what will happen during the hard fork or when this access may be available.
Hi, I have a bit of BTC with coinbase. Not enough to motivate me to install a wallet etc as I just started.
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
Does anyone know coinbase's stance regarding the potential fork? Are they staying with the core?
thanks!
Hi guys,
I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.
On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?
I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.
On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?
Download Bitcoin Core from bitcoin.org, run your own full node and you will be safe. If you are too lazy to do that, then just get Electrum. You could always just create a paper wallet as well. But ideally you should run your own full validating node for maximum certainty.
hey guys,
what do you think about Copay ? im using it and i think its pretty good one, it also allow you to make a backup of your wallet...
what do you think about Copay ? im using it and i think its pretty good one, it also allow you to make a backup of your wallet...
If you don't have enough cash to buy a hardware wallet which I would have suggested ledger nano, I will suggest you make use of a desktop wallet. Electrum and Exodus always come to mind as they are both light desktop wallet. I will recommend Exodus anyway, as it is very user friendly with great support online. Just try what works best for you. With respect to your question though, make sure you back up your funds and export your key in a very safe place cause you wouldn't want that to get into the wrong hands. Remember also that desktop wallets are as safe as the system you installed them on, so if you aren't sure if your system is clean from virus and you don't have a good antivirus as well, I will suggest you get a good one and probably clean up your system first by formatting or otherwise just get a paper wallet as they are safer but you can only receive coins with them.
Altough your general recomandations are OK, i'd like to adjust/correct some things here:
1) the ledger nano is not being produced anymore
2) i would not recomend exodus over electrum. To be honest, i had never heared about exodus before i read your post, and i'm unable to find it's sourcecode. Electrum on the other hand is 100% open source, and it has a proven trackrecord.
3) you can also spend from a paper wallet, altough it is recommanded to completely sweep it and discard it afterwards.
bitcoin-core 2014.
And stop make transactions till fork will done.
And stop make transactions till fork will done.
If you don't have enough cash to buy a hardware wallet which I would have suggested ledger nano, I will suggest you make use of a desktop wallet. Electrum and Exodus always come to mind as they are both light desktop wallet. I will recommend Exodus anyway, as it is very user friendly with great support online. Just try what works best for you. With respect to your question though, make sure you back up your funds and export your key in a very safe place cause you wouldn't want that to get into the wrong hands. Remember also that desktop wallets are as safe as the system you installed them on, so if you aren't sure if your system is clean from virus and you don't have a good antivirus as well, I will suggest you get a good one and probably clean up your system first by formatting or otherwise just get a paper wallet as they are safer but you can only receive coins with them.
Wallet service doesn't matter, as long as you have control over your private keys then you're good to go.
If you'd still like a hardware wallet, lookup Trezor and Keepkey if Ledger Nano S is still out of stock.
If you'd still like a hardware wallet, lookup Trezor and Keepkey if Ledger Nano S is still out of stock.
Hello , I have my btc in trezor since a year or so , do I need to do with them something before 1 of August? Thanks folks
In simple terms, you can just keep holding your coins safely in your Trezor hardware wallet. Trezor will allow you to switch between nodes whenever you choose to do so.
Perhaps that this twitter post will give you an idea; https://twitter.com/slushcz/status/882241787062087680
Essentially, Trezor will basically follow any route to suite their customers. No need to worry.
I believe Ledger Nano S works too right ?
Yes it does as you have full control over your private keys there. If you want you can also try Bitcoin Core and Armory, they need the full blockchain so they are somewhat hard to manipulate considering that your PC is clean of infections at the time you install either of them.
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