Topic: What to do with BTC during SegWit2x? (Read 442 times)
2x cancelled so hope no one help you (safe your bitcoins)
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.
What would you do with the Bitcoin during the SegWit2x and why?
Since this post been asked before the recent news about on segwit then for now we wont need to do something because segwit2x have been cancelled which means there would be no split and there would be no b2x therefore we shouldn't really bother as of now.For sure people now would really plan to dump but yet the price is still stabilizing on above 7k price point. What would you do with the Bitcoin during the SegWit2x and why?
I plan on transferring Bitcoin to Electrum a few days before the Fork.
How do I claim the Segwit2x Post Fork coins after the spit has occurred?
We just have to wait on a Segwit2x wallet to come out so that we can import our free coin there and that is what I'm going to do too.
It's better to use a wallet that you have the private key so that whenever the fork happens, you have to control of it.
There are people who are going to transfer their bitcoins to a web wallet that supports the fork so they won't do much effort for importing their private keys just to claim their Segwit2x.
Electrum is a good choice of wallet.
I plan on transferring Bitcoin to Electrum a few days before the Fork.
How do I claim the Segwit2x Post Fork coins after the spit has occurred?
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.
What would you do with the Bitcoin during the SegWit2x and why?
What would you do with the Bitcoin during the SegWit2x and why?
I'd move them to an exchange that supports B2X fork. By support I mean that exchange will credit its user B2X and enable B2X/BTC trading shortly after the fork. Exchanges that do both is HitBTC and Bitfinex.
Why? Because I want to dump those B2X as soon as possible to gain maximum profit from it.
If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?
Move it at maximum 12 hours before the fork. The earlier the better, though.
Thank you for the great information and suggestions.
If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?
If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?
You should move your coins as soon as possible obviously. There's no need to leave things until the last minute right?, unless you want to experience thrilling danger zones.
How about coins.ph and blockchain.info wallet it is safe to keep our bitcoin? Because me i am planning to keep it my bitcoin in that two trusted wallet and if that is not safe i will withdraw all my bitcoin and re invest after the hard fork.
Coins.ph doesn't give you your private keys furthermore they haven't made any announcement if they will support it.
You can get your keys on blockchain.info but still its an online wallet thus its subjected to the common risks of it.
If you have bitcoin just transfer it where it safe i recommend electrum to hold your bitcoin during segwit2x a.. you can also claim a free fork coins after fork..
I would try this wallet, thanks for the recommendation and hoping that this bitcoin wallet is much secured and not lost my bitcoin after the fork.Yah better store it with a wallet that provides your private keys as well as necessary features for security and convenience. I'm also using electrum and as for security its pretty safe as long as you keep it safe so coins won't be lost.
Thank you for the great information and suggestions.
If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?
If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.
What would you do with the Bitcoin during the SegWit2x and why?
- You have bought them from paxful? I am quite sure you have paid way higher than market rate there. You should use exchanges like kraken and coinbase to buy bitcoin where you can buy at marketrate. What would you do with the Bitcoin during the SegWit2x and why?
- If you still have those bitcoin in paxful wallet, than you need to withdraw them into either electrum or paper wallet. You will need private key after fork to claim your free b2x coin.
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.
What would you do with the Bitcoin during the SegWit2x and why?
What would you do with the Bitcoin during the SegWit2x and why?
Paxful was not a signatory to the New York agreement, and I can't see any announcement on their Twitter about the fork. So it's not clear what they will do. I would be cautious and assume that they won't deliver your coins on one of the chains.
If you want 100% control over your funds -- both BTC and B2X -- you should withdraw to a wallet you control. Preferably, you should use a desktop wallet that is recommended on Bitcoin.org. See here: https://bitcoin.org/en/choose-your-wallet
Personally, I'm holding my BTC in local wallets. Then I'll wait for a non-custodial service like Chainsplit to split my coins. Or maybe I'll send coins to Bitfinex or Changelly in batches if they offer coin splitting.
How about coins.ph and blockchain.info wallet it is safe to keep our bitcoin? Because me i am planning to keep it my bitcoin in that two trusted wallet and if that is not safe i will withdraw all my bitcoin and re invest after the hard fork.
If you have bitcoin just transfer it where it safe i recommend electrum to hold your bitcoin during segwit2x a.. you can also claim a free fork coins after fork..
I would try this wallet, thanks for the recommendation and hoping that this bitcoin wallet is much secured and not lost my bitcoin after the fork. 
Withdraw it your Bitcoin wallet. No matter which one exactly - most important to control your private keys. And then just keep calm and wait for upcoming fork. Don't keep it on exchanges and wallets like Xapo, Coinbase and similar ones.
If you have bitcoin just transfer it where it safe i recommend electrum to hold your bitcoin during segwit2x a.. you can also claim a free fork coins after fork..
if you had a large amount the more you can get a free fork coins after segwit2x.. that is why we are seeing price of bitcoin is getting high because of this .. lots of people are buying more bitcoin just to get the benefits of getting free fork coins and sell it to get more bitcoins also the benefits of the price increases. .
if you had a large amount the more you can get a free fork coins after segwit2x.. that is why we are seeing price of bitcoin is getting high because of this .. lots of people are buying more bitcoin just to get the benefits of getting free fork coins and sell it to get more bitcoins also the benefits of the price increases. .
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.
What would you do with the Bitcoin during the SegWit2x and why?
What would you do with the Bitcoin during the SegWit2x and why?
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