Topic: What should i do with my bitcoins against the next fork (Read 620 times)

as far as this fork is  concerned the casino websites rarely bother crediting their users what they are owned if there is a new fork and new coins which means in case you want your new coins These private key wallets wont distribute B2X on their own you need to claim them. Once the b2x platform wallet is ready you can log into the wallet with your blockhain private key

The safe way to store your coin is in a wallet which you control the private key. If you store your coins in exchanges, online wallets and gambling websites, you don’t have control over your coins. It depends on whether the company is willing to credit the free coins to its users.

It is not the tough task because now the bitcoin exchange is all time available and the bitcoin price will increase more and more I hope in the future a lot of the people will hold the bitcoin and they will get the profit with the fast and the cheap exchange. It does not take the much time to invest and then to transact because now the bitcoin value and the income is growing with the growth of the transaction.

You might have heard that before, but i will repeat: make sure to control your private keys. As long as you control them, things should be easier. I also don't recommend anyone to move Bitcoins after the fork. It is better to wait a few days until the dust settles. I personally sold some of my coins as i see that fork little dangerous.

It's better to move all your bitcoins into the wallet or exchanges that support the next fork, because you can get free money after the fork and I think almost all bitcoin user do this, hold their bitcoins until the fork end. If you don't care about the fork, then you don't need to move your bitcoins from the casino.

If you want to receive Free Coins In the next hard fork you will know if the casino will give you coins to be generated because of the hard fork. If No answer is withdrawn Mona and put in the Wallet supported hard fork and of course you have to hold your private key. In order for your bitcoins to be more secure and it is hard for hackers to get it. Do not just lose your private key because that's the key to unlocking your wallet again

I am not sure about which casino your using or are they giving free b2x for your holding as if now i am moving my all holding s to exchanges where they already announced the supply of free b2x for the bitcoin holding currently i am using Hitbtc.

thanks for all your advise, i think you have opened my eyes to make a decision.

I remain confident, what happened in the first HF and there is no problem with my Bitcoin, I just do not do the transaction and keep Bitcoin in my wallet safely, and with this second HF will still do the same thing as last month.

It is up to you, do you want to get the free coin or not? And then you think that the new coin will be valuable or not? But most of the people will move their bitcoin to get the free bitcoin and I think it is worth to try, after all it is a free coin and it only took 24 to 48 hours to get the coin

As far as I know those site promise that our bitcoin will be kept safe during the hard fork in fact other offers equivalent value on the segwit2x or bitcoin gold so we don't have to worry just sit back and watch whats gonna happen on the fork I just wish it would not affect the good price bitcoin has today it's really high and very valuable I am excited on the fork.

Let me shed you some light:

The last fork that happened was on August 2017 and that fork significantly dropped the price of bitcoins to around $1900. The bitcoin fork split bitcoin into two currencies, namely bitcoin and bitcoin cash. People were skeptical and reluctant at that time, so they withdrew almost all of their bitcoins, thus resulting to an increase to the supply. But after like 2-3 weeks, the prices started increasing and it skyrocketed reaching $4000. In our current situation, it totally depends on your preference whether you want to risk it or not. Also, you need to consider your goal for your investments either for short or long term and obviously, cash it out if you seek short-term profits. Personally, I would not cash my bitcoins as I believe that by next year it would reach the $10,000 mark.

You can just leave it there if you don't want to get the 2x coin. I don't think the casino will give you the other coin as it's too much hassle for them to do. If you want to claim your coin, move your coin to other wallet like electrum where you have the private key. You can also move your bitcoin to some exchange that plan to support 2x (if i'm not wrong hitbtc support it).

Bros, am hearing this for the first time. "do it yourself by installing the required software". Pls can you explain to me how to do this.?

If the casino website is not going to split your fund, i don't think they will do, move your bitcoins temporarily to a wallet that will give you free bitcoin gold coins automatically or do it your self by installing the required softwares . Keep your bitcoin in a wallet that you control its private key and do a back up since we never know what will happen later.   

I think if your bitcoin is on the exchange much better to transfer it to your trusted bitcoin wallet immediately before hard fork, we should keep our bitcoin in the wallet which were holding our private key and you will be able to received new fork token.
There are no exchange confirming that they will supported by segwit2x, we need to be wised and do not risk our bitcoin holding on every exchanged.

To be sure, have your bitcoins placed on your wallet, just make sure that
your wallet supports the new token for you to have the token from the fork.

I am holding bitcoin in exchanges where there is no extra effort required to get new coins hopefully I will sell the new coin I got from fork like btg I already sold and now b2x I will sell and hold bitcoin for some more time to get price rise like happened with last 2 forks.

I'll hedge my bets and just hold on to both forks and let market forces (or more likely political forces amongst bitcoin magnates) win.

I'm surprised that this fork is still going ahead. I thought that bitcoin cash was the fork for the big blockers. So what is the point of Segwit2x? It offers no real technical solution to the blocksize issue that we have with two forks, one being addressed by the Segwit core/blockstream method, and the other being solved by the original satoshi vision of data centre sized mining nodes (bitcoin cash). Perhaps I misunderstand bitcoin cash.
Nobody ever managed to convince me that segwit was nothing more than a clever engineering method to turn what would could have been achieved in a hard-fork into a soft-fork.
I understand that the NY agreement was attended by the Blockstream investor, Digital Currency Group, and Miners and other influential bitcoin representatives and not by Blockstream themselves. In reality, the NY agreement was just the HK agreement reiterated, but with a timescale due to a lack of confidence from miners and some other influential bitcoin players that Blockstream may not be truly committed to a blocksize increase.

So I assume this means that Blockstream are not onboard with segwit2x. So why is it going ahead? Are we going to have segwit4x and segwit8x forks, because it does not address any fundamental technical problem?

Or is this fork still going ahead because even DCG themselves are frustrated with Blockstream?

There is only one logically sound thing you can do pre-fork that yes HODL. By doing this you not only receive equivalent coins from the new fork but also with some patience, get more value out of your held Bitcoins as witnessed during the last two post-fork periods. This could be the best case scenario, obtaining utmost value from your Bitcoin unless otherwise which is if you decide to panic sell.