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Topic: Warning! - page 3. (Read 1170 times)

newbie
Activity: 36
Merit: 0
October 26, 2017, 07:39:05 AM
#10
So it fine to store our bitcoin on an exchange ?
Once the fork is over, the bitcoin might fall as usual soon after the fork. When do we know it will be safe enough to convert our bitcoin into fiat for example ? is it safe if we convert them on that same platform right after the fork or do we still have to wait ?
Ctn
sr. member
Activity: 644
Merit: 259
October 26, 2017, 07:28:48 AM
#9
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.
full member
Activity: 477
Merit: 100
October 26, 2017, 07:28:21 AM
#8
Oh what is this? There a lot of thing happen and makes me confusing.  i hope bitcoin prices will not down because of this. Okay thanks for the information. Hard fork?
hero member
Activity: 1078
Merit: 514
October 26, 2017, 07:24:03 AM
#7
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.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
October 26, 2017, 07:19:49 AM
#6
It depends on whether you think the new chain will retain its value in the time after the fork.  If you think it will retain its value for long enough to you to bother waiting for proper wallet services to help you split your coins, or you're technically competent enough to understand what you're doing anyway, it's worth keeping it off exchanges to avoid the risk of them not giving you your coins.

If you don't think it'll retain its value and the exchange says it'll give you the new chain at a 1:1 ratio with BTC, I suppose it could be worth keeping it on an exchange.  But I don't think giving it as certain advice is reasonable.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
October 26, 2017, 05:00:19 AM
#5
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 always thought keeping them on exchanges during the fork is much more risky. I can wait 24 hours before making a deposit, just like with any other fork. Some exchanges didn't even take that long and had just a few hours of suspension. Simply keep your money on an address that you control and avoid sending coins on the day of the fork.
hero member
Activity: 3080
Merit: 603
October 26, 2017, 05:00:15 AM
#4
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
what if we store bitcoins in an mobile wallet, is there any consequence?
is it still can be using for transaction.
As long as you have the private keys it doesn't matter. The only thing that matters is if those mobile wallets, web wallets will show a statement that they are supporting these hard forks and will be distributing those coins after all. There's no need to worry about it, it's like the same hard fork after all but the next one Segwit2x is what everyone is worrying because it got a lot of support.
hero member
Activity: 1988
Merit: 593
October 26, 2017, 04:58:59 AM
#3
you can use, but exchanges the input close and output both circuits
full member
Activity: 378
Merit: 100
October 26, 2017, 04:52:26 AM
#2
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
what if we store bitcoins in an mobile wallet, is there any consequence?
is it still can be using for transaction.
hero member
Activity: 1988
Merit: 593
October 26, 2017, 04:39:54 AM
#1
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
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