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Topic: Where are you all holding your Bitcoin for the fork? - page 2. (Read 1328 times)

legendary
Activity: 1582
Merit: 1059
This whole situation worries me a bit as well. I usually hold my coins on a wallet, because it's safer, than leaving them on a exchange, where you normally don't have control over your private keys. But because of the lack of replay protection on this fork, I just don't know what to do. I know exchanges and wallets are going to implement their own replay protection, so it should be ok to leave the coins on a exchange that does that. Right now it could even be safer to hold them there, if your wallet is not implementing their own replay protection.

I'm using Electrum right now, and I need to do some research, to see if they will do the same. If they don't take any measures, and since I don't really want to lose any of the coins (BTC to hold, and B2x to dump), I guess I wont be moving any of my coins around, until all the dust settles.
full member
Activity: 403
Merit: 100
I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

for me, all of my bitcoin from all of my different bitcoin wallets are been move into my offline wallet which is electrum wallet, I want to store on that wallet because it has a cold storage features in there to be safe during the fork, It works perfectly and have a good experience on that wallet which I already used it on that recent hard fork (BCH) because I don't have any trust on that any web wallet. you don't have a full control on that wallet if you have that one.
jr. member
Activity: 173
Merit: 1
As for me prefer core, but previous segvit  one order closed just before segvit so it was got to find bcc as well))
full member
Activity: 164
Merit: 100
I am holding my bitcoin not because of fork but because I want to gain profit for long term investment. The fork did make the value of my bitcoin increase and I hope after the fork I can buy bitcoin again when the price will go down.
hero member
Activity: 2646
Merit: 686
I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

I am doing the same thing I had done before this year first fork move my coins away from coinbase.com, I was recently tempted to go back but I am very glad I didn't they closed my account it's really strange. I am keeping my coins locked in the electrum and I am not going to claim the btc2x until they have replay protection. I would advise all to move to electrum and be safe cause post this another fork is coming in December.
newbie
Activity: 10
Merit: 0
Im keeping mine in a wallet like coinph or xapo.I tried storring it in exchanger but loss funds.
I keep my bitcoins in myetherwallet and blockchain witch i think are the best wallets and the most Trustfull because a lot of people use them and have no problems with them. So i think you should try to use these 2.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
the funds I have for trading, or practically my hot wallet is going to be on an exchange of my choice which I have not yet decided which one. but I will keep it there so that I can receive the coins fastest way possible then sell before the drop begins. I might buy back what I sell though. I will wait a little to see how the market is reacting and wait for a bottom to buy back and keep the difference as profit.

the rest I will keep in my cold storage for safe keeping and will split my coins after some time has passed and as soon as I find a secure way of doing so. I have to consider risks, the replay protection and the safety of what I am going to download.
member
Activity: 364
Merit: 10
I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?
I guess for all of the holders of bitcoin i guess this what is the answer just continue to hold your bitcoin but you need to hold your bitcoin in a exchanges that surely will. Support the upcoming fork or support the bitcoin gold in the coming november to easily get a free money in the coming fork i guests holdng your bitcoin in the fork is obviously a great idea.
jr. member
Activity: 411
Merit: 1
Im keeping mine in a wallet like coinph or xapo.I tried storring it in exchanger but loss funds.
legendary
Activity: 1148
Merit: 1006
Black Panther
For online wallet , I keep on blockchain and for offline , electrum is my wallet. Some of them I put on VIP ( my local exchanger )
So yeah... I'm often get forking coin because I'm not too interest because it's way to complicated if I must move all of my fund into unknown exchanger.
It's not worth for the risk anyway
newbie
Activity: 42
Merit: 0
I'll be storing mine in a wallet just to be safe. I used to store on exchanges but I feel it gets riskier and riskier everyday.
member
Activity: 630
Merit: 24
This is a good solution For me :-  Move your bitcoins to a wallet that will give you access to your private key. Move all your bitcoins to one address, with one private key. Hardware wallets are just perfect for that.olso you can convert to USD or other crypto while you wait for this update to calm down.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
I keep my Bitcoins at Bittrex and some few more at Crypto-Games since they are also committed to distribute fork tokens. After this fork we will probably have another last fork this coming December. Bitcoin Silver fork is also coming up this December.  Grin
newbie
Activity: 3
Merit: 0
Keeping my coins on Coinbase, the 1-1 offer sounds great. Might even invest some more, gonna do some reading to see how people evaluate the fork. Hopefully nothing goes wrong.
copper member
Activity: 882
Merit: 110
I'm holding all of mine in Freebitco.in. I'm honestly too lazy to do anything else.

Me also. Having some fun while waiting releases some stress. I also place some on hashnest.
member
Activity: 112
Merit: 10
I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

When there is a fork for bitcoin you must have a Bitcoin on your wallet to get the coin from that fork, this is why people are hodling their bitcoins when there is a rumored incoming fork. This is also the reason why price keeps on going up
sr. member
Activity: 434
Merit: 250
For last two fork I kept my bitcoin holding on blockchain.info and found very difficult o claim after two months I could be to get bitcoincash from blockchain.info now I don’t have any genuine resource to get btg fro blockchain.info now I am holding bitcoin in hitbtc where they already announced will give b2x soon after fork.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
If you do not want to wait for other people to make the decision for you, then you should move it to cold storage. This cold storage should give you 100% control over the decision on what to do with your coins. It is advisable not to do anything 24 hours prior and 24 hours after this fork.

If you use Coinbase/Xapo/Freebitco.in and the like, you will be at their mercy. ^hmmmmm^
hero member
Activity: 1190
Merit: 534
I have a friend who kept his Bitcoins in XYZ exchange before the last fork and after few weeks that exchange said that they are going to support Bitcoin cash. My friend kept patient for few months and then again mailed the exchange support to claim his Bitcoin cash but exchange said, they won't create any platform for Bitcoin cash but they will send the Bitcoin cash funds to the address submitted by the users and the last date to submit Bitcoin cash was over.

Considering this experience, I would keep my funds in the paper wallet so that I can sweep my funds after the fork and use the private key to claim the forked coin.
legendary
Activity: 2576
Merit: 1655
I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

I'd prefer my wallet over any exchange, its just a lot safer. Even though there will be a task to do when trying to get the forked coin from the wallet, but I feel it is worth the effort as at least you keep your coins to yourself.
I know many people do keep their assets on exchanges, but I just do not feel comfortable with it.
Electrum wallet it is for me.

Same here. I'm holding my coins in my Electrum wallet because I feel safe with it. I only have a few amounts of an exchange and I don't intend to put my bitcoin in there just to get those airdrops coins during the fork. Would rather wait for a better wallet on how to claim those free coins. I'm not in the rush to get them. Its better to be safe than sorry. This is evident of Aug. 1 when people try to rush only to be scam by those websites or instructions claiming to help them get free money.
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