"Where to park my Bitcoin before 1. August possible hardfork?" (Total Newb) - page 2.

steelboy

hero member

Activity: 756

Merit: 1000

Quote from: Roccker on July 23, 2017, 01:39:57 PM

Thanks!

Ok, a paper wallet seems not supereasy to do. Especially the 'secure' variation.
And if i lose the paper all is lost.

Of course, that's bitcoin, no professional money-keeper keeps your money but yourself.

Was thinking of an online wallet provider. Is there something like that.
Ok, Bittrex. Could use this as a wallet.

It's th easiest thing in the world to do.

Go to bitaddress.org, download the program, close browser, turn wifi off, open browser, open program and make a wallet.

With regards to losing the paper, make three copies, cut them in half and hide them. Never put two opposite halves in the same place.

cakravothy

hero member

Activity: 868

Merit: 501

Chainjoes.com

Quote from: Despacito on July 23, 2017, 12:04:44 PM

Bittrex announced that they will lock the bitcoin wallets so that the funds will be in safe in case of a chain split. We have to trust them now.

If we don't prefer to use online wallets and exchanges, we can set up electrum to be in safe. Maybe bitcoin core works too. That's all I know so far.

online wallet and exchange wallet is not safe about hardfork

if have hardware wallet sample trezor is very good, if have not hardware wallet is good use dekstop wallet sample electrum
and don't forget save youre private key

but iam ask, if use online wallet but support private key, is safe or not

Roccker

full member

Activity: 266

Merit: 111

So, if they do their Bitcoin Cash - thing, every Bitcoin holder also gets the same amount in Bitcoin Cash, is that right? (eg one has 10 bitcoin, they create bitcoin cash, then you also have 10 bitcoin cash?)

Cool - did they say that publicly?
If not i'll guess i'll just ask bitstamp - or can anyone link me to anything where they say it

charlescoin

full member

Activity: 182

Merit: 106

There isn't going to be a hardfork, segwit was a planned softfork and the community has reached consensus on it so there can't be a chain split.

Either way any major exchange would grant you both coins in the event of a chain split.

Roccker

full member

Activity: 266

Merit: 111

Thanks!

Ok, a paper wallet seems not supereasy to do. Especially the 'secure' variation.
And if i lose the paper all is lost.

Of course, that's bitcoin, no professional money-keeper keeps your money but yourself.

Was thinking of an online wallet provider. Is there something like that.
Ok, Bittrex. Could use this as a wallet.

European Central Bank

legendary

Activity: 1288

Merit: 1087

the safest option is a hardware wallet like a trezor or ledger nano s but it looks like they're having serious supply problems so you may not get one in time.

in the event of a new chain the most convenient option is a paper wallet as that gives you access to your raw private keys that you can feed into the bitcoin cash wallet.

here's a couple of guides - http://www.coindesk.com/information/paper-wallet-tutorial/

https://99bitcoins.com/create-99-9-secure-bitcoin-paper-wallet/

if you're not too confident about that then choose a wallet that has stated they'll support both chains. i'm not sure which ones are yet.

Despacito

full member

Activity: 280

Merit: 100

Bittrex announced that they will lock the bitcoin wallets so that the funds will be in safe in case of a chain split. We have to trust them now.

If we don't prefer to use online wallets and exchanges, we can set up electrum to be in safe. Maybe bitcoin core works too. That's all I know so far.

Roccker

full member

Activity: 266

Merit: 111

Hi there!

I am such a newb, i did hardly ever even send any bitcoin.

So, everybody says i should move my bitcoin away from exchange. To a wallet. So i surely get also the coins from the new Chain that is possibly created.

Now even with this simple thing, i am unsure of myself.
I imagine making some small stupid mistake and losing my life savings.

What is an easy solution for dummies?

Thanks a lot

Topic: "Where to park my Bitcoin before 1. August possible hardfork?" (Total Newb) - page 2. (Read 1215 times)