Bitcoin Forum

Hello,

I have Blockchain wallet, and also pc wallet but my bitcoins are stored in my blockchain wallet

So is it safe to store it there during the fork ?

Thanks

Do you mean Bitcoin core wallet?

I mean blockchain.info wallet

Same question here. I can't find anywhere info about blockchain.info position on Segwit. Are they going to give me Bitcoin Cash for the shares of BTC I store there?

Electronic wallets store coins as well as you on your computer. Your coins are not going anywhere. If the separation happens then you get back your coins as decide for yourself purse. But I am sure that no separation will be.

Well, there will be. Bitcoin Cash has already made their statement of their fork. On August 1. at 12:30 UTC Bitcoin Cash will fork from Bitcoin blockchain, unless the whole Bitcoin blockchain would fall apart...

I also use a blockchain wallet but with the incoming fork and the rumored split in the bitcoin network, I have transferred all my bitcoins into my bitcoin core wallet, Which i believe is the most sensible thing to do, I have also heard about people saying we should backup our keys. still figuring out how to do that.

Please read the announcement (https://bitcointalk.org/index.php?topic=2017191.0) on the top of the forum.


Backup your wallet.dat somewhere safe or do dumpprivkey on your keys. If you're a new user to Bitcoin Core I suggest you do the first. See more here (https://en.bitcoin.it/wiki/Backingup_your_wallet)

Your balance would still be there during and after the fork. However, just to be safe it's better to import your private keys into another wallet which you have full control with. Blockchain.info is notorious to have too many bugs. Might wanna save yourself from days of depression when the fork happens.

I decided a couple weeks back I couldn't trust blockchain.info at the fork because I simply couldn't find any info about their plans for it. Moved my coins to a local Electrum wallet.

I'm wondering about the same thing. I haven't found any info about it. Luckily I have access to the private keys on my blockchain.info addresses. So I think I'm good.

I think blockchain wallet may be safe but in a case of split happen then I'm not sure whether we have an option to get Bitcoin cash new coins in blockchain wallets because there is no clear information available on it. So I have transferred all my bitcoins to electrum wallet from blockchain wallet. It is very easy to use and we can backup all our private keys as well. 

IVe heard others saying just to be safe just transfer bitcoin in a safe wallet. All of my bitcoin I transferred also in electrum wallet. As my friends recommend this wallet to me, just save the private keys and lets wait what may happen this coming aug1.

Thanks everyone, so it is better to store the coins in pc wallet like Electrum, I just transferred my coins to this wallet

Looks like everyone has move their bitcoin into electrum, yes this is the most famous wallet we ever heard in this forum regarding hard fork due to its feature to export private keys.
Blockchain,info should be safe during hard fork and you suppose to get bitcoin cash as well https://bitcoin.stackexchange.com/questions/57202/in-case-of-the-bitcoin-split-when-holding-btc-on-blockchain-info-will-i-rece But, since you do not hold the private keys, better to move out from blockchain wallet.

Using Blockchain wallet actually it's very safe,but many phising website will pop out when you try to reach it,
i experienced something like that before,and my PC got viruses.this viruse is a bit special when it's only affecting my keyboard and my clipboard.
during splitting what you need is your private keys,because after split you need private keys to access your Bitcoin clone.
If you hesitate and not sure about it,just use cold storage/offline storage.
you can find a lot of cold storage,one of the best as far as i know :
Electrum,Trezor.

Just remember,the most important thing is 'private key'.because it's a key to access your clone coin and don't forget to back up your wallet if something goes wrong  ;)

I use blockchain.info wallet exclusively on my iPhone, not my computer. How safe is it then?

Block chain wallet I think is the safest web wallet I know. As far as I know, there are no news or articles or reports that the block chain wallet is being hacked or robbed. So we can say that wallet from blockchain is secure and dependable.

You are right, It's too safe wallet as i know. but many people here are prefer to send all their bitcoin to an Electrum wallet, which they said that it's more secure. But personally, I didn't think that will be problems in 1 aug in blockchain wallet. I hope that this date pass without any problems concerned bitcoin wallets.

I have heard that Bockchain wallet is going to be the only place for safe storage of bitcoins during the fork. But I heard it from my friend who is also in the community, so, as you can suppose I have no proves.

If you want to make sure that your bitcoin will be safe then go for offline wallet like bitcoin core. I am not saying that blockchain.io is not safe but storing your bitcoin to a wallet that you hold the private key is more safe.

Blockchain wallet is definitely safe as long as you are aware of something wrong.
And regarding hard fork on August 1st, there's nothing to worry as all you have to do is doing nothing during that day, do not send or receive payment in bitcoin form, just use other coins or cash.
But, there are some features of blockchain wallet which is detrimental for bitcoiners such as they've set high fees to send bitcoin and it doesn't support or hard to export private keys. You may try https://github.com/OmniLayer/omniwallet/wiki/Exporting-Private-Key-from-Blockchain.info-and-Importing-to-Omniwallet.org

In terms of the fork in August 1, blockchain.info did not support the fork so itnis better to send our bitcoins in other wallets like sir theymos suggested. There are wallets that suggested by sir Theymos that is Ok and is safe to store your coins, though, it is too late to send it there now because the forking is now close.

i dont know any info about this
we should ask Blockchain.info. No one but them can tell us the complete information about retaining control of bitcoin during and after the split.

Just keep the electronic trumpet is good keep your coins, with it your coins are safe and will not go where. Blockchain wallet is safe for the fork.

You can move it to a private BTC wallet where you control the private keys. Or if you like to get BCC, you can move it to any good exchange that has signalled support for it.. GOOD LUCK

Any wallet where you have private key control is ok in every situations. Online wallet and exchanges wallet are risky at all situation, not only in Fork. These websites are owned by companies that are making choices on them and it is their choices to make. But some of you get kind of crazy in ways that are designed to take advantage of situations and the finances of these various coins. Some of them have done things like stop allowing people to withdraw coins on a specific coin when they felt the value is going to start going down.

You have a Desktop Wallet then what's the use of it if still you will stored your bitcoin in blockchain webwallet. You primarily hold your private keys there but can we think of a way to minimize the risk?

No questions asked, you already have what you need. Transfer your bitcoin to that desktop wallet, save your keys and you will be fine.

Blockchain.info finally made an announcement. Looks like if you want to keep both coins, you better move funds off that wallet:

https://blog.[Suspicious link removed]/2017/07/30/bitcoin-cash-bcc-hard-fork-means-blockchain-wallet-users/

Really?

If you don't mind me asking, what kind of bugs does their wallet have?

I have some Bitcoin on there, but you scared me now. Has it ever been hacked?

Bitcoin may split after the fork. So its better to transfer all your bitcoins to a exchange where they can provide BCC. Perhaps you will get the equal share of BCC you have in BTC. Blockchain.info might not be safe during the fork so its better you move your coins on a hardware wallet or paper wallet.

"Bitcoin may split?" Fork is like another term for split as the word fork suggests. As sir Theymos posted here in the forum, we must really take care of our bitcoins because it may dissapear when we still transact in the day of the fork.
So, to be more safe, you must told that days before because the fork now is closing and your transaction or coins might be on risk.

I do not store my coins in the blockchain, bugs will can be attack that wallet it's not safe. It's better to store bitcoin in the papaer wallet or offline wallet like electrum.

If you intend to get a free BCC, then do so.
But don't forget that we might lose all of our bitcoin in the process.

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For op, as long as you hold your private keys, in the safest place, and you're n full control over it,
then there's nothing to worry about.

not really safe, I have seen many announcements and it was better to save the paper wallet, in essence, you have full access by having a private key. but for now, I think save in exchange such as bittrex is also safe since bittrex has announced who save bitcoin will get bitcoin cash.
 

I think blockchain will have guaranteed security. Because every wallet that has a private key will certainly get the security of the funds saved. If you really want to be safe then the offline wallet is the answer.

not only bitrex. there are lots of market exchange said that. make me confused which one is best. but still store bitcoin in market for earn bcc is just 2nd option.

No, but they are defenately a target.

The safest thing to do is move your funds to an cold wallet / offline wallet that is open source and gives you the private keys. Exodus and Electrum are good wallets.

I think it will be well but for sure you can move your coin on bitcoin core or any private key supported wallet.other way to exchange coin and after fork you come back on your coin.

My wallet provider here in my locality guaranteed us that our bitcoin is safe during that date and they just halt or stop all transactions starting august 1 and until further notice.

I wouldn't use blockchain wallet, instead would use something like bitcoin core or electrum which is safer

I understood the advice of having btc with electrum before the fork and transferring to another electrum after fork, waiting for a certain number of confirmations, getting a bcc compatilble wallet and using your private keys from the first wallet to do bcc transactions. Yet some people are saying it's risky to do btc transfers after fork? I don't see the risk besides waiting for more confirmations than usual.

I thought if Blockchain.info site was permanently removed, some people could still access those BTC. If some people can still access those BTC, why is Blockchain.info not feasible for the initial wallet?

If you have the private key(s) to the addresses holding funds in your blockchain.info wallet then you are safe. I'm not sure if the new version of bc.i wallet allows you to see your private keys though, I know that it used to but not sure about now.

Well i have checked out most of my bitcoin savings, but i have left some small amount. So far i have not found anything that suggest what blockchain is going to do. So far i did not have any kind of problem with them,  i think they are reiable. But if you want to be extra safe,download wallet to your computer.

Pretty sure that Blockchain wallet will be safe during possible hard fork, although there seems to be less and less of a chance of that happening as the days pass by. Bitcoin will pretty much just stay the same and all the hype led to nothing.

Don't know why a lot of people don't like Blockchain wallet, but it seems fine to me. If you do have a pc/desktop wallet I would recommend splitting up your funds between your online wallet, desktop wallet and maybe even a mobile wallet.

Just get your private keys and you won't have to worry no matter what happens.

I was quite surprised because blockchain did not issue important statements before forking decisions, but I still believe that although blockchains do not give users a personal key, they have the best reputation so far. It would be nice if we remain vigilant and divide bitcoin into cold/hard wallet. No one knows what will happen tomorrow.

Yep, it was safe alright. Nothing was changed and I think it goes same as to other blockchain wallets. Never doubted it for a while. I did not cashout any of my savings and I am glad I didn't.

It's generally safe as long as you have your private kieys with you