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Topic: What are the best wallets to hold bitcoin through agust 1? (Read 1210 times)

newbie
Activity: 10
Merit: 0
Far best wallet in my opinion is Litecoin.  Cheesy
sr. member
Activity: 291
Merit: 250
             So your saying no trading till November?
If you are looking for the rewards if there is a split then you should wait till November,trading will be going on as normal,these scaling issues might affect the scale of trading but over all things will roll out like normal.
hero member
Activity: 495
Merit: 500
Read around the forum, you'll find a lot of opinions.

The traditional thinking is if you have control of your wallet's private keys you'll be able to select which coin version to proceed with your balance, should a hard fork occur. So paper and hardware wallets fall into that category.

Some online wallets and exchanges have produced what their intent is, what they'll offer their customers, how they'll handle the various outcomes...but one can never be 100% sure that reality unfolds as planned.

Keep in mind that if/when Segwit is signaled on August 1st it will take through November for all nodes (or the majority required) to adopt Segwit. So where ever you leave your coins plan to leave them there through November.

Good luck to you!
               So your saying no trading till November?
sr. member
Activity: 2030
Merit: 356
I think any wallet of which you have private key is the best wallet to use in this scenario. Online wallets are not safe in case a split happens. If there is no split then of course you can keep any wallet Wink
legendary
Activity: 1596
Merit: 1011
I prefer electrum as the best offline wallet at the moment. So I have no hesitation in telling you that electrum will give us comfort as well as security in storing the bitcoin we have. The private key feature becomes an important part on August 1st.
sr. member
Activity: 612
Merit: 250
Bitcoin Core wallet is the best choice. But it's not user-friendly wallet, because it requires to download whole blockchain.
It will be safe enough to use wallet which give private key. Don't keep bitcoins in online wallets like blockchain.info and exchanges, it's not safe.
If you still haven't read, take a look at guide about bitcoin split:
https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799

now i keep all my bitcoin on blockchain i think i must move my balance into bitcoin core as soon as possible. is there any other option of wallet i can use besides bitcoin core? how with coinbase?
bitcoin is a digital currency and it is totally dependent on the technology if the technology is being clear and more and increasing day by day so the security is required for the better and safe amount to keep for long time and for this purpose we need to have some safe wallets as block chain and treason and paper wallet so I think block chain is the best.
legendary
Activity: 3416
Merit: 1225
Personally, I've decided to keep my bitcoins at my hardware wallet (Ledger Nano S) until this issue is sorted out. However, decreasing value of btc makes me unhappy.

This is for the unbeliever after the segwit and the network stabilize Bitcoin price will get it's former price, this is the best time to buy because experts predicted that Bitcoin will rise up to $3000 this year if you still believe that cryptocurrency is the future then do not dump and buy from unbelievers
legendary
Activity: 3276
Merit: 2442
As long as they are not connected to the internet and you have your private keys, all good. Even a notepad file with your private keys inside would do the job. See? You don't have to choose a wallet at all. Extract your private keys and save them into an excel or notepad file and leave them untouched till things get resolved.
sr. member
Activity: 602
Merit: 253
As long as you have your wallet's private key, I think everything is gonna be okay.
Take a look at this, https://bitcoin.org/en/choose-your-wallet
I recommend using electrum, because it's a lightweight wallet, And you don't have to sync the whole blockchain.
hero member
Activity: 896
Merit: 500
Bitcoin Core wallet is the best choice. But it's not user-friendly wallet, because it requires to download whole blockchain.
It will be safe enough to use wallet which give private key. Don't keep bitcoins in online wallets like blockchain.info and exchanges, it's not safe.
If you still haven't read, take a look at guide about bitcoin split:
https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799

now i keep all my bitcoin on blockchain i think i must move my balance into bitcoin core as soon as possible. is there any other option of wallet i can use besides bitcoin core? how with coinbase?
Electrum and Trezor HD may be another wallet you can use other than Bitcoin Core.
You can also see this Thread https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799. If you see some people's comments there, many are asking about "safest wallet when August 1" and there are many answers that might help you.
newbie
Activity: 6
Merit: 0
Is BIP148 consider as forks?
sr. member
Activity: 952
Merit: 323
Bitcoin Core wallet is the best choice. But it's not user-friendly wallet, because it requires to download whole blockchain.
It will be safe enough to use wallet which give private key. Don't keep bitcoins in online wallets like blockchain.info and exchanges, it's not safe.
If you still haven't read, take a look at guide about bitcoin split:
https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799

now i keep all my bitcoin on blockchain i think i must move my balance into bitcoin core as soon as possible. is there any other option of wallet i can use besides bitcoin core? how with coinbase?
full member
Activity: 199
Merit: 100
The All-in-One Cryptocurrency Exchange
In asian country, coins.ph is the best wallet to hold bitcoin so far.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
Electrum, Ledger...
newbie
Activity: 6
Merit: 0
Multibit not supporting any future forks, what is t means? we can't use to save Bitcoins after 1 Aug?
full member
Activity: 560
Merit: 111
sr. member
Activity: 469
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Huh

Well any wallet that gives you access to your bitcoin private keys is a good wallet for August the first and the hard fork that is incoming. I would recommend hardware wallets such as ledger wallet, trezor and other options. Good job preparing for segwit!

Personally, I've decided to keep my bitcoins at my hardware wallet (Ledger Nano S) until this issue is sorted out. However, decreasing value of btc makes me unhappy.

Well what is happening now is called pre segwit anticipation which is causing the drop in price from bitcoin.
sr. member
Activity: 476
Merit: 250
Personally, I've decided to keep my bitcoins at my hardware wallet (Ledger Nano S) until this issue is sorted out. However, decreasing value of btc makes me unhappy.
full member
Activity: 129
Merit: 101
Read around the forum, you'll find a lot of opinions.

The traditional thinking is if you have control of your wallet's private keys you'll be able to select which coin version to proceed with your balance, should a hard fork occur. So paper and hardware wallets fall into that category.

Some online wallets and exchanges have produced what their intent is, what they'll offer their customers, how they'll handle the various outcomes...but one can never be 100% sure that reality unfolds as planned.

Keep in mind that if/when Segwit is signaled on August 1st it will take through November for all nodes (or the majority required) to adopt Segwit. So where ever you leave your coins plan to leave them there through November.

Good luck to you!

https://bitaddress.org
hero member
Activity: 1722
Merit: 528
Huh

Bitcoin wallet with private keys are more common and secure when it comes to these kind of event.
Most of the users has done these things so they can secure their bitcoins, also when the splitting will happen, maybe you can also get some of those new altcoin that will be splitted from bitcoin.
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