Bitcoin Forum

Economy => Web Wallets => Topic started by: BCFX1 on November 05, 2017, 09:04:02 PM



Title: What to do with BTC during SegWit2x?
Post by: BCFX1 on November 05, 2017, 09:04:02 PM
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.

What would you do with the Bitcoin during the SegWit2x and why?



Title: Re: What to do with BTC during SegWit2x?
Post by: Bitcoinsummoner on November 05, 2017, 09:30:06 PM
If you have bitcoin just transfer it where it safe i recommend electrum to hold your bitcoin during segwit2x a.. you can also claim a free fork coins after fork..
if you had a large amount the more you can get a free fork coins after segwit2x.. that is why we are seeing price of bitcoin is getting high because of this .. lots of people are buying more bitcoin just to get the benefits of getting free fork coins and sell it to get more bitcoins also the benefits of the price increases. .


Title: Re: What to do with BTC during SegWit2x?
Post by: LTU_btc on November 05, 2017, 10:18:17 PM
Withdraw it your Bitcoin wallet. No matter which one exactly - most important to control your private keys. And then just keep calm and wait for upcoming fork. Don't keep it on exchanges and wallets like Xapo, Coinbase and similar ones.


Title: Re: What to do with BTC during SegWit2x?
Post by: madwica on November 06, 2017, 03:55:46 AM
How about coins.ph and blockchain.info wallet it is safe to keep our bitcoin? Because me i am planning to keep it my bitcoin in that two trusted wallet and if that is not safe i will withdraw all my bitcoin and re invest after the hard fork.
If you have bitcoin just transfer it where it safe i recommend electrum to hold your bitcoin during segwit2x a.. you can also claim a free fork coins after fork..
I would try this wallet, thanks for the recommendation and hoping that this bitcoin wallet is much secured and not lost my bitcoin after the fork.


Title: Re: What to do with BTC during SegWit2x?
Post by: illyiller on November 06, 2017, 06:58:30 AM
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.

What would you do with the Bitcoin during the SegWit2x and why?

Paxful was not a signatory to the New York agreement, and I can't see any announcement on their Twitter about the fork. So it's not clear what they will do. I would be cautious and assume that they won't deliver your coins on one of the chains. 

If you want 100% control over your funds -- both BTC and B2X -- you should withdraw to a wallet you control. Preferably, you should use a desktop wallet that is recommended on Bitcoin.org. See here: https://bitcoin.org/en/choose-your-wallet

Personally, I'm holding my BTC in local wallets. Then I'll wait for a non-custodial service like Chainsplit (https://github.com/chainsplit) to split my coins. Or maybe I'll send coins to Bitfinex or Changelly in batches if they offer coin splitting.


Title: Re: What to do with BTC during SegWit2x?
Post by: mobnepal on November 06, 2017, 11:24:20 AM
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.

What would you do with the Bitcoin during the SegWit2x and why?


- You have bought them from paxful? I am quite sure you have paid way higher than market rate there. You should use exchanges like kraken and coinbase to buy bitcoin where you can buy at marketrate.

- If you still have those bitcoin in paxful wallet, than you need to withdraw them into either electrum or paper wallet. You will need private key after fork to claim your free b2x coin.


Title: Re: What to do with BTC during SegWit2x?
Post by: BCFX1 on November 06, 2017, 11:48:07 AM
Thank you for the great information and suggestions.

If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?


Title: Re: What to do with BTC during SegWit2x?
Post by: Potato Chips on November 06, 2017, 01:08:34 PM
Thank you for the great information and suggestions.

If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?

You should move your coins as soon as possible obviously. There's no need to leave things until the last minute right?, unless you want to experience thrilling danger zones.

How about coins.ph and blockchain.info wallet it is safe to keep our bitcoin? Because me i am planning to keep it my bitcoin in that two trusted wallet and if that is not safe i will withdraw all my bitcoin and re invest after the hard fork.

Coins.ph doesn't give you your private keys furthermore they haven't made any announcement if they will support it.
You can get your keys on blockchain.info but still its an online wallet thus its subjected to the common risks of it.

If you have bitcoin just transfer it where it safe i recommend electrum to hold your bitcoin during segwit2x a.. you can also claim a free fork coins after fork..
I would try this wallet, thanks for the recommendation and hoping that this bitcoin wallet is much secured and not lost my bitcoin after the fork.

Yah better store it with a wallet that provides your private keys as well as necessary features for security and convenience. I'm also using electrum and as for security its pretty safe as long as you keep it safe so coins won't be lost.


Title: Re: What to do with BTC during SegWit2x?
Post by: CodyAlfaridzi on November 06, 2017, 01:18:33 PM
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.

What would you do with the Bitcoin during the SegWit2x and why?



I'd move them to an exchange that supports B2X fork. By support I mean that exchange will credit its user B2X and enable B2X/BTC trading shortly after the fork. Exchanges that do both is HitBTC and Bitfinex.

Why? Because I want to dump those B2X as soon as possible to gain maximum profit from it.

If the SegWit2x fork is going to happen on or around November 16 what would be the latest date you would move the Bitcoin into a secure wallet such as Electrum, etc?

Move it at maximum 12 hours before the fork. The earlier the better, though.


Title: Re: What to do with BTC during SegWit2x?
Post by: BCFX1 on November 07, 2017, 03:12:28 PM

I plan on transferring Bitcoin to Electrum a few days before the Fork.

How do I claim the Segwit2x Post Fork coins after the spit has occurred?


Title: Re: What to do with BTC during SegWit2x?
Post by: sunsilk on November 07, 2017, 03:43:18 PM

I plan on transferring Bitcoin to Electrum a few days before the Fork.

How do I claim the Segwit2x Post Fork coins after the spit has occurred?

We just have to wait on a Segwit2x wallet to come out so that we can import our free coin there and that is what I'm going to do too.

It's better to use a wallet that you have the private key so that whenever the fork happens, you have to control of it.

There are people who are going to transfer their bitcoins to a web wallet that supports the fork so they won't do much effort for importing their private keys just to claim their Segwit2x.

Electrum is a good choice of wallet.


Title: Re: What to do with BTC during SegWit2x?
Post by: carlfebz2 on November 09, 2017, 04:24:32 PM
I have some Bitcoin that I purchased on Paxful a few weeks back and it still resides there.

What would you do with the Bitcoin during the SegWit2x and why?


Since this post been asked before the recent news about on segwit then for now we wont need to do something because segwit2x have been cancelled which means there would be no split and there would be no b2x therefore we shouldn't really bother as of now.For sure people now would really plan to dump but yet the price is still stabilizing on above 7k price point.


Title: Re: What to do with BTC during SegWit2x?
Post by: Garld1936 on November 10, 2017, 07:36:35 AM
2x cancelled so hope no one help you (safe your bitcoins) ;D ;D