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Topic: Warning! (Read 1170 times)

newbie
Activity: 45
Merit: 0
November 01, 2017, 10:19:41 AM
#50
Keep your private keys man. thats the important thing.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
November 01, 2017, 10:01:08 AM
#49
If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions
[/quote

thank you for giving this info and i think we can follow your info so we can keep our bitcoin in the exchanges. but i think we don't have to transfer all of our bitcoin but we can do for some bitcoin and i guess we can get free coins again. i am only expecting if the hard fork will give me the other bitcoin for free so i can sell it again like what i get in bitcoin cash and bitcoin gold. so i think we can waiting what will happen in november 15 and we can hope that we can get free coins.
newbie
Activity: 28
Merit: 0
November 01, 2017, 03:21:00 AM
#48
...

To transfer your bitcoins to the exchanges is the same as transferring cash to your stockbrokers. Are you sure the bitcoin exchanges are regulated? Are you sure they are not crooks. If you have the coins in the regulated Japanese exchanges, then you are safer.   


Yes do that indeed, Japan has not become famous enough from Mt. Gox.
Is not 2013 light years away for your beloved BTC time scale? Mt Gox Huh Ha Ha Ha. Do you want to put your money into Lehman Brothers?   

The japanese exchanges are now fully legalized through parliament - the only one in the world. Why is this not the best?
jr. member
Activity: 115
Merit: 2
November 01, 2017, 01:36:40 AM
#47
...

To transfer your bitcoins to the exchanges is the same as transferring cash to your stockbrokers. Are you sure the bitcoin exchanges are regulated? Are you sure they are not crooks. If you have the coins in the regulated Japanese exchanges, then you are safer.   


Yes do that indeed, Japan has not become famous enough from Mt. Gox.
sr. member
Activity: 490
Merit: 250
October 31, 2017, 08:01:58 PM
#46
Better not stock on a online wallet or in an exchange because once a hard fork happened there will be so much delay with many thing especially the transactions, also there will a variations of prices too. But I would rather keep my money into safer than the exchange wallet.
hero member
Activity: 1484
Merit: 516
October 31, 2017, 07:45:39 PM
#45
Thanks you for this warning but I stick to my past stance,I will save on my personal wallet it's safer and not too worried if one day there is a problem.I've also seen famous people here he trusts the wallet offline no third party at there.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
October 31, 2017, 07:19:28 PM
#44
If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions


I beg to disagree to you dude. Why we should keep our coins to exchanges when we know it's unsafe?
You're just risking your coins just to have a free coin? C'mon, yeah everybody here loves free coin, this means an instant money for all of us but what you're saying is inconsiderable. There are always wallets that supports the hard fork, just transfer it to secured wallet and wait for your free coins.
And if you're saying it can't might make transaction if we didn't store our coins there then it's fine, it's free and we didn't invest it so we just wait when everything is fine.
newbie
Activity: 28
Merit: 0
October 31, 2017, 06:49:05 PM
#43
you can use, but exchanges the input close and output both circuits
I am a little bit confused now. Is it warning about to hold coins on an exchanger or do not? And will it be impossible to put or output coins only on 15tg November only or some short period around the fork? Thanks.


I am also in the same situation like you. Not getting it at all about where to store the coins really. Some says during the hard fork it is always good to store or it is mandatory to store the coins on wallets for which we are holding the private keys really.

If we consider that in our calculation then I’m pretty confused here because I know hundred percent that exchanger have no private keys which are given to us. Their wallets are under their own control. So what’s the logic here.
Good question! Does anyone have an answer for this please?
SELL NOW! Lock in you profits in USD, not anything "virtual"; that is provided you can unload
now and given real money.

Fork means 2 copies of data files. Can you know which is offical and which is not?
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
October 31, 2017, 06:44:37 PM
#42
I want to get my btg,  should i keep my bitcoin in poloniex?  or transfer it to your recommended wallet? 
Anyways am planning to dumped that btg later on.  It is still  a money.

It's too late to do anything now. The UTXO snapshot that will serve as the UTXO set on the BTG blockchain already happened almost a week ago. Wherever your coins were at Block 491,407, that's where BTG will be when the network launches.

People are wise now! they buy bitcoin and leave it in the exchange for a free money which is another hardfork of bitcoin when split. hope everyone else here when will the best time to buy bitcoin

Wise? No. Ignorant? Yes. This is what people mean by the S-curve of technology adoption. Increasingly, users of Bitcoin don't understand how it works, why it exists, or the risks inherent to third party custody. Many of these newbies will find out the hard way why they should never leave funds on any exchange for long.
sr. member
Activity: 378
Merit: 251
October 31, 2017, 06:44:05 PM
#41
Why would you keep your money in an exchange in the first place? Are people that desperate for the free coins you will be getting that you would decide to take an even bigger risk by letting somebody else hold your money? That is not the smart move in my opinion.
newbie
Activity: 28
Merit: 0
October 31, 2017, 06:39:09 PM
#40
If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions
Bitcoin and forks may be just scams. There may be smart people controlling how things go. If you hold bitcoins and say if Nov 15 they fork into 10 forks, where do your coins belong? BTC1, BTC2,...., which forks are the miners
working on.

Heavenly opportunities!. You sell in all 10 forks of the blockchains and then run away laughing to the bank.You got better money - paper US dollars.   

To transfer your bitcoins to the exchanges is the same as transferring cash to your stockbrokers. Are you sure the bitcoin exchanges are regulated? Are you sure they are not crooks. If you have the coins in the regulated Japanese exchanges, then you are safer.   
sr. member
Activity: 952
Merit: 250
October 31, 2017, 05:45:41 PM
#39
I want to get my btg,  should i keep my bitcoin in poloniex?  or transfer it to your recommended wallet? 
Anyways am planning to dumped that btg later on.  It is still  a money.
sr. member
Activity: 384
Merit: 250
October 31, 2017, 05:40:27 PM
#38
People are wise now! they buy bitcoin and leave it in the exchange for a free money which is another hardfork of bitcoin when split. hope everyone else here when will the best time to buy bitcoin
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
October 31, 2017, 04:55:58 PM
#37
Why are you telling us to keep our bitcoins in exchanges ? If you think that you will be given free bitcoins like it happened with Bitcoin Cash this time is nothing like that. And to keep your bitcoins in an exchange is not safe as we don't know what will happen to that exchange? Many exchanges has been hacked before, some have disabled accounts without a good reason. Best practice is to keep your bitcoins in a wallet where you do control your private keys.
member
Activity: 70
Merit: 10
October 31, 2017, 04:40:38 PM
#36
Any significant part of my investment stays in a wallet. If I don't plan on using it, why move it anywhere else? Anything I'm going to HODL is off of the exchanges. They may be trustworthy by and large, but I'd rather not risk it if my idea is just to HODL anyway.
legendary
Activity: 1806
Merit: 1521
October 31, 2017, 04:22:47 PM
#35
i do not want to keep any coins on exchanges, and i'm not convinced some of them will do it in the way i want them to. you might end up with a coinbase situation where you're waiting months.

it's gonna be better to sit it out and do nothing while everyone else hammers this stuff out. that's if the fork actually happens which i'm still not sold on.

What probability do you give to the fork happening? Why don't you think it's going to happen? After F2pool dropped out, I thought it would start falling apart. But then we saw major services (Xapo, Blockchain, Coinbase, Gemini) double down in support of 2X. And F2pool's share of the hash rate is down to 7%, leaving NYA signalling close to 85%.

If it weren't for Bitmain, I think the fork wouldn't happen. But now that Bitmain seems to have bet big on Bitcoin Cash, they have a big interest in a split occurring. If one side has a nearly unusable chain and the other side is seen as a "corporate takeover" then BCH might come out of this looking pretty good. And it's AsicBoost-friendly!
hero member
Activity: 756
Merit: 505
October 31, 2017, 04:17:48 PM
#34
If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions

It is much more safer to keep it in your own private keys and not with the exchanges. The exchanges can just decide not to give out the chain split coins and just keep them for themselves. Unlike if you keep it with your own keys then in case their is a chain split then you can always claim both coins. Unless there is already an announcement from your exchange that they will give out coins in case of chain split then go with them if you trust them enough.
legendary
Activity: 1288
Merit: 1087
October 31, 2017, 04:14:27 PM
#33
Yes it is a mess, i have been investigating during the last days and all this matter from this next fork is really a garbage, i dont understand why they are making it so difficult to spend those coins, i dont get it, and why do they want to make double transactions?

because in the mind of its creators, this isn't a chain split, it's an upgrade so we shouldn't care about what happens to our old school bitcoins. unfortunately for them the rest of the world doesn't agree with that point of view.
full member
Activity: 322
Merit: 100
October 31, 2017, 04:14:13 PM
#32
If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions
Thank you very much for the information. I didn't notice it before. Perhaps translate my bitcoins on Bitfinex.
sr. member
Activity: 337
Merit: 250
https://streamies.io/
October 31, 2017, 04:13:10 PM
#31
For safety, I think you should put all your bitcoin and altcoins into offline wallet. That will help you feel more comfortable in hard fork.
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