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Title: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: amskas on July 27, 2017, 07:01:22 AM Is there any danger / risk having my bitcoins at poloniex after 1. August ? Also will my current Bitcoins remain Bitcoins (and not BCCs or a mix) at poloniex and bittrex after 1. August ? Cant find the answer anywhere ! :'(
Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: Hatcher on July 27, 2017, 07:24:24 AM BTC will always be BTC, so nothing is going to change there. BCC is an altcoin that you are entitled to if you hold on to your bitcoins. It is unclear whether or not exchanges will be supporting it so you might want to take your bitcoins off if you want it.
Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: mindrust on July 27, 2017, 07:27:45 AM Is there any danger / risk having my bitcoins at poloniex after 1. August ? Also will my current Bitcoins remain Bitcoins (and not BCCs or a mix) at poloniex and bittrex after 1. August ? Cant find the answer anywhere ! :'( Let that Aug 1 thing aside, you are always at risk if you hold your coins on the exchanges. Look what happened to btc-e... poloniex Also randomly seizes their users money, locks their accounts. I have No information about bittrex though. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: tiggytomb on July 27, 2017, 07:35:43 AM Probably best to move your coins to your own wallet during this period so you will be able to receive the bitcoincash coins. Also I would not recommend sending your coins straight away until it is clear on how to split them, apparently when you get your bitcoincash they will be at the same address and there could be a chance if you were to send your BCC you will lose your BTC.
I am going to wait a while until others have tested and it is clear on how to proceed. Edit: There is replay protection so the coins should split once the fork happens, still I would wait a bit to see if it works smoothly before sending coins. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: hubballi on July 27, 2017, 07:40:04 AM Is there any danger / risk having my bitcoins at poloniex after 1. August ? Also will my current Bitcoins remain Bitcoins (and not BCCs or a mix) at poloniex and bittrex after 1. August ? Cant find the answer anywhere ! :'( Ya it is danger to keep your coins in Poloniex because what will be the result no one knows so it is much better to keep your coins in Desktop wallet or hardware wallet. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: AGD on July 27, 2017, 07:47:53 AM Your money is always at risk if you don't control your private keys.
Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: odolvlobo on July 27, 2017, 08:07:54 AM BTC will always be BTC, so nothing is going to change there. That is not necessarily true if somebody else is holding your coins for you. They could say "We are following the BCC side of the fork. All BTC that we held before the fork is now BCC." Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: BTCLovingDude on July 27, 2017, 08:18:39 AM search for these names: Mt.Gox, Cryptsy, Bter, Bitfinex
and currently the situation with btc-e these are the exchanges that we hacked or scammed people and ran away. there is nothing stopping the exchanges that exist today to do the same. as for BCC, you need to ask each exchange individually. some of them have not yet made up their mind. some said they won't credit anyone their BCCs. look in their news and if you couldn't find it ask support. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: pinkflower on July 27, 2017, 08:24:07 AM Is there any danger / risk having my bitcoins at poloniex after 1. August ? Also will my current Bitcoins remain Bitcoins (and not BCCs or a mix) at poloniex and bittrex after 1. August ? Cant find the answer anywhere ! :'( You dont have to take that risk. You can always withdraw your coins in a desktop wallet like Electrum and have them held there safe on August. Thats what everyone should do. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: richminded on July 27, 2017, 08:52:35 AM Maybe yes the safest thing is to have your own wallet, but for me just take the risk because i believe that what ever happen on august 1 our money is still safe with poloniex/bittrex. This thing happens so many back in the years, so why scared. Just keep on holding you money and see what happen after you believe on it.
Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: xx-man on July 27, 2017, 08:55:14 AM Is there any danger / risk having my bitcoins at poloniex after 1. August ? Also will my current Bitcoins remain Bitcoins (and not BCCs or a mix) at poloniex and bittrex after 1. August ? Cant find the answer anywhere ! :'( Let that Aug 1 thing aside, you are always at risk if you hold your coins on the exchanges. Look what happened to btc-e... poloniex Also randomly seizes their users money, locks their accounts. I have No information about bittrex though. Maybe I think Bittrex trading is very good and safe to play trading and do withdrawal, because I from the beginning until now still use Bittrex to play trading and there is absolutely no problem at all for that. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: Hatcher on July 27, 2017, 09:30:46 AM BTC will always be BTC, so nothing is going to change there. That is not necessarily true if somebody else is holding your coins for you. They could say "We are following the BCC side of the fork. All BTC that we held before the fork is now BCC." That's true. If someone else is holding your coins, they can do whatever kind of sorcery they want. They can convert your BTC to PiggyCoin if they felt like doing so. But what I was saying was that, in general, BTC will always be BTC and it's up to the exchanges to honor that principle. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: klaaas on July 27, 2017, 09:52:57 AM Your money is always at risk if you don't control your private keys. Correct, a inn and out as quick as possible is the best option.It is necessary to monitor the situation :) ??? If you leave it at a exchange or such, reading the statements made about the situation is the only thing you can do.Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: krishnapramod on July 27, 2017, 10:16:57 AM Is there any danger / risk having my bitcoins at poloniex after 1. August ? Also will my current Bitcoins remain Bitcoins (and not BCCs or a mix) at poloniex and bittrex after 1. August ? Cant find the answer anywhere ! :'( Statement by Poloniex Quote We will be disabling deposits and withdrawals of Bitcoin (and all BTC related tokens) any time we deem necessary to ensure that all tokens stored on Poloniex remain safe. The length of any possible downtime is unknown as this is highly dependent on network stability. At this time, we cannot commit to supporting any specific blockchain that may emerge if there is a blockchain split. Even if two viable blockchains emerge, we may or may not support both and will make such a decision only after we are satisfied that we can safely support either blockchain in an enterprise environment. If you don't want to leave the decision of which Bitcoin tokens to support (or recognize as valid) to a 3rd party, you should not keep your tokens on any 3rd party platform. https://poloniex.com/press-releases/2017.07.24-Our-plans-to-handle-potential-BTC-network-disruptions/ Statement by Bittrex Quote Bittrex will close deposits and withdrawals of Bitcoin (including 2nd layer protocol XCP/OMNI and associated assets) 24 hours prior to the BCC UAHF time on August 1st, 5:20am (12:20pm UTC). The wallet will remain closed until the majority hash power chain is clearly established. Bittrex will monitor the BCC network and developments and assess the viability of opening trading of BCC assets. There is no guarantee that any markets will open to allow BCC assets to be tradable on Bittrex exchange. https://support.bittrex.com/hc/en-us/articles/115000808991-Statement-on-Bitcoin-Cash-BCC-?mobile_site=true Poloniex and Bittrex currently have no plans to add BCC. Obviously all exchanges would temporarily suspend their operations on August 1. Is your bitcoin safe in Poloniex or other exchanges? It is as safe as keeping your bitcoins on a third party website with no access to private keys. You should move your funds to where you have access to private keys. Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: alyssa85 on July 27, 2017, 10:25:00 AM As far as I know, the only exchange that will give holders BCC as well as BTC for their holdings, is Huobi. But I don't think people are able to deposit there - they're still under the Chinese audit/kyc thing.
Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: Xavofat on July 27, 2017, 10:27:50 AM BTC will always be BTC, so nothing is going to change there. That is not necessarily true if somebody else is holding your coins for you. They could say "We are following the BCC side of the fork. All BTC that we held before the fork is now BCC." In the case of Poloniex, one of the shadiest exchanges on earth, that's about 100% likely to happen. these are the exchanges that we hacked Hey, I've got a couple of jokes about exchanges:"Hacked" "DDoS attack" "Your coins are safe" "Unscheduled maintenance" EDIT: After being corrected by junan1, I can see that there are precisely four jokes and not just a couple. Keep that in mind ;) Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: junan1 on July 27, 2017, 10:48:26 AM Let that Aug 1 thing aside, you are always at risk if you hold your coins on the exchanges. Well said. Hey, I've got a couple of jokes about exchanges: "Hacked" "DDoS attack" "Your coins are safe" "Unscheduled maintenance" That's four jokes! >:( ...but I'll let you off because they were all funny. :D Title: Re: Is there any danger /risk having my bitcoins at Poloniex,Bitrex after 1 August ? Post by: carlerha on July 27, 2017, 11:36:56 AM Maybe yes the safest thing is to have your own wallet, but for me just take the risk because i believe that what ever happen on august 1 our money is still safe with poloniex/bittrex. This thing happens so many back in the years, so why scared. Just keep on holding you money and see what happen after you believe on it. yes that is right i think there is always chance because there are possibilities that all the coin that are in exchanges can be lost, but i think no one can be so much confident that either such coins will be lost or not. |