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Topic: what will happen to my coins in blockchain.info on Aug 1 (Read 723 times)

legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
I was curious to this also because I use blockchain as my hot wallet. I don't keep much there but I keep spending money there so I'll be following this thread. From most of the reports I've read, all coins should be moved from exchanges and potentially coinbase?  Not too sure about coinbase, I have read conflicting reports.
sr. member
Activity: 826
Merit: 250
hero member
Activity: 672
Merit: 500
Im a bit afraid since 1 augustus is coming quick right now.

I have my coins in my blockchain.info web wallet for over 2 years now, I have my private keys and my account is 100% secured & verified.
All my coins aren't in a imported wallet adress.

Also, will blockchain.info choose for me on what side I'm coming when the split happens? (>Could this be bad?)

I'm new to this whole thing thats going to happen on August 1.

Let me know!

Shawn



Well, blockchain isn't liked by a lot of people on this forum since they do think it is unsafe, but since you do have access to your private keys, it should be alright. Even if blockchain becomes unsafe, you can just transfer it to another wallet and then use it from there. Should be all good though, you can read the statement that blockchain has released related to segwit.


No need to worry, you did well saving your private keys, although I would totally recommend swapping wallets to Electrum or a form of cold storage. They really are safer and more convenient and you already have your private keys so it should be quite easy to import wallets for you.

Not a bad idea, swapping to a hardware wallet would be beneficial for you and be safer than your current wallet.
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
Im a bit afraid since 1 augustus is coming quick right now.

I have my coins in my blockchain.info web wallet for over 2 years now, I have my private keys and my account is 100% secured & verified.
All my coins aren't in a imported wallet adress.

Also, will blockchain.info choose for me on what side I'm coming when the split happens? (>Could this be bad?)

I'm new to this whole thing thats going to happen on August 1.

Let me know!

Shawn



Since you do have access to all your private keys, you should be safe, just try not to make any transactions until August the first, since it might be unsafe until that date. No need to worry, you did well saving your private keys, although I would totally recommend swapping wallets to Electrum or a form of cold storage. They really are safer and more convenient and you already have your private keys so it should be quite easy to import wallets for you.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
Don't touch your coins until august 2nd and your coins will be safe. If you have the control of your private keys you can use it in other client and you will have both coins if you want and hardfork happens.
full member
Activity: 560
Merit: 111
Im a bit afraid since 1 augustus is coming quick right now.

I have my coins in my blockchain.info web wallet for over 2 years now, I have my private keys and my account is 100% secured & verified.
All my coins aren't in a imported wallet adress.

Also, will blockchain.info choose for me on what side I'm coming when the split happens? (>Could this be bad?)

I'm new to this whole thing thats going to happen on August 1.

Let me know!

Shawn



When the split happens, you will retain both coin version and your coins should be safe with your private keys.

BIP 141 support is only at 43%.  For a split not to happen, BIP 91 would have to be implemented before July 31 which is very doubtful given the fact that BIP 91 is currently only at 16%. 


Not realy.
Better use bitcoin-core of 2014 https://github.com/bitcoin/bitcoin/releases/tag/v0.9.1

---------

Have all answers about Aug 1.
Easy topic:
https://bitcointalksearch.org/topic/m.19988238
Complex topic:
https://bitcointalksearch.org/topic/m.20119234

full member
Activity: 138
Merit: 100
Im a bit afraid since 1 augustus is coming quick right now.

I have my coins in my blockchain.info web wallet for over 2 years now, I have my private keys and my account is 100% secured & verified.
All my coins aren't in a imported wallet adress.

Also, will blockchain.info choose for me on what side I'm coming when the split happens? (>Could this be bad?)

I'm new to this whole thing thats going to happen on August 1.

Let me know!

Shawn



When the split happens, you will retain both coin version and your coins should be safe with your private keys.

BIP 141 support is only at 43%.  For a split not to happen, BIP 91 would have to be implemented before July 31 which is very doubtful given the fact that BIP 91 is currently only at 16%. 

member
Activity: 109
Merit: 10
Im a bit afraid since 1 augustus is coming quick right now.

I have my coins in my blockchain.info web wallet for over 2 years now, I have my private keys and my account is 100% secured & verified.
All my coins aren't in a imported wallet adress.

Also, will blockchain.info choose for me on what side I'm coming when the split happens? (>Could this be bad?)

I'm new to this whole thing thats going to happen on August 1.

Let me know!

Shawn

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