Bitcoin Forum

If bitcoin is splitted after August,and someone send the btc to some other btc address during this period, will those in trasit btc lost for ever?

Yeah i think so just dont do the transaction on 31st july and 1st august because there are chances of btc vanish )

No, all trasactions will be done, even in case of split your transaction will stay in one of the chains.

No. You can broadcast the transaction on both of the chain and when either of the chain dies off, the transactions will still be there. However...

If the coin were to be sent during this period, the transaction is also susceptible to replay attack which both of the coins in both of the chains will be spent to the same address. This could result in the loss of money if both fork were to live on.

That's really bound to happen,  it's really advisable not to make any transaction a day before and about a few days after August 1 if you don't want to lose any money .

I think this is worrisome, but I think it will be okay because all transactions will be done safely, you can rest assured you will not lose a penny, trust it.

If you see the current guide. Each address will only refer to one existing bitcoin sytem. So you do not worry about the issue of bitcoin delivery. However it is recommended for all bitcoin users not to engage in any actions, including transactions until further information states that the use of bitcoins is safe and normal to do. All this is done to avoid bad things that possibly could happen.

I think it may happen anything because during the forking process , to make transaction will be the experiment with your Bitcoin in the network .
Here you should know about the official announcement that don't make send or receive of the Bitcoin to anyone before the night of 1 August and after it until the official announcement that everything got good or we need to make some manual change .
So overall you should not make any transaction in this period of the time .
But if you will make the send of btc then probably that can be split into to or may down the amount or may be non availability of the network results into Loss of the Bitcoin in the network .
So avoid himself from such types of the experiments .

You can take ETH and ETC for example, both have similar addresses but if you send ETH to ETC address you will not get any ETC there but you can use private key of that ETC address (if you have) to move ETH out of it.

It is advised to not move any coin during first few days of august, you might actually lost your bitcoin at the time of splitting or segwit activation. Read more here https://bitcointalk.org/index.php?topic=2017191.0

Just to be safe I'd recommend holding your bitcoins till atleast 1 week after the event. If there would be any split it could take a couple weeks (I was said that it took 2 weeks for ethereum to split). Also makes sure you don't store your coins on an exhcange or a 3rd party wallet. Always make sure you have your private keys.

We started to feels the effect of segwit, if you review the fluctuation of bitcoin and other altcoins in graph you can see that all crytocurrencies were started to decrease their price. But I still hold my bitcoin because I believe that after August splits all will come back to normal.

The main thing is to keep your coins in on purses and do not conduct any manipulations during this period. Because all the transactions that will be conducted will be subject to all risks and you will be able to lose your coins. It seems to me that Bitcoin is the only one as the Weakest link in this regard. Well that No altcoin is immovable To this risk. Therefore, I transferred my Bitcoin to an alternative coin.

its still better not to deal or to do any transactions if its still avoidable since we really can't say if that transaction will be affected even there's some information which said that it will not be affected its better to be safe than to have some issue after, ill be checking it out maybe some enlightenment
before the fork happen.

Just wait a few days after the split... if it actually split. You will have coins on both chains, but the coins on the longest chain will be the coins

that hold it's value. The only way for you to choose, is to have control over the private key. If you coins is in a service where you do not have the

private key, you will have to go with whatever route they take.  ::)

For me I think it is, but lets just wait some result and some possible announcement of what it might be and with that we can say it on our own that it really happened. Right now I am just waiting for some updates regarding to the segwit and their reminders to the public if what will really will happen at that moment on.

Theoretically, it's possible. But why are you talking as if the split is something that's going to happen for sure?
There's still 14 more days to go!

Any way if you're really worried don't make any transactions until everything is settled down.
Make sure you have the private keys to the wallet where you have your bitcoins (don't use an online wallet that doesn't offer that )

Yes the entire market is crashing and we lost billions of dollars in the entire crypto currency market in the past few days,i really hope it will rebound when the dust clears up and i am really optimistic about it and we might see more rallies at the end of this year probably,just hoping for the best to happen for bitcoin and i am following the news carefully.

they are not lost they just go on another chain, if that chain will be operative and accepted in the exchange, you can trade those coins like they are an altcoin i believe, you never lose anything but you have coins that are less valuable

If btc is split, btc still exists and so btc transactions will not lose any btc, but btc prices will certainly decrease.

Easy 4 step tutorial to get your coins safe after august possible split:

1) Download bitcoin core from www.bitcoin.org
2) Move all your bitcoins there
3) Wait for the possible split to happen
4) Don't send or receive coins (if you want to, then extra steps are needed:)

5) Download a full node for whatever chain you want to operate in (BIP148, segwit2xcoin, whatever) then you will be able to access these coins to and create addresses that will go there to receive coins on any chain you want

Yes, it sucks to have to spend so much space on your hard disk running different chains, this is thanks to miners that didn't activate BIP141 to not cause all this mess.

Split of network doesn't always mean decrease in price, it seems that the panic dump by weak hands is now over and segwit activation is actually a good step towards solving block size debates so price of bitcoin can go really high if activation goes well.

Just wait for the storm to subside,we don't want something bad to happen
If the coin is on your wallet and you have the private key,it's safe,but if it's in exchange wallet we don't know what will happen
So just move your coin to wallet and don't do any transaction before the segwit done

Once more, there will be NO split, at least not a permanet form.

Just take at SegWit2x signaling data. https://coin.dance/blocks

87.7% signal SegWit2x and this ration will grow till August 1. How the fuck will Bitcoin fork? Cause 2% of miners will signal something else????

It's too risky to make any transactions or move any bitcoins the day before or after the fork. You could lose them in the process. One of the coins will most likely become worthless and the other will recover but we don't know which will survive.