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Title: Bitcoin wallet and forks Post by: kostasg on December 27, 2017, 09:12:26 PM Hello.
When a hard fork is created, if someone has bitcoins in his wallet, he gains the same amount of forks, right? For example, 1 bitcoin means 1 segwit2x too, right? If someone has 1 bitcoin cash, does he also gain 1 segwit2x?? Title: Re: Bitcoin wallet and forks Post by: ManaMan on December 27, 2017, 09:14:14 PM yes that's correct. By doing this you can gain by trading those forked coins back to bitcoin or vise - versa. Some forks will require you to sign a message with you existing address where you have your coins stored, other might ask you to move coins from one point to another point from block XXXXX until block YYYYYY - this is not much worth it when you look that fee is high and you are low on bitcoins.
Title: Re: Bitcoin wallet and forks Post by: kostasg on December 27, 2017, 09:21:41 PM yes that's correct. By doing this you can gain by trading those forked coins back to bitcoin or vise - versa. If someone has 1 bitcoin cash, does he also gain 1 segwit2x?? Title: Re: Bitcoin wallet and forks Post by: ralle14 on December 27, 2017, 09:28:35 PM If someone has 1 bitcoin cash, does he also gain 1 segwit2x?? No, if that happens then a lot of people would be buying bitcoin cash right now. You only get the forked coins depending on how many bitcoins you have in your wallet. Also having 1 bitcoin gold won't gain you 1 segwit 2x. 1 bitcoin is not the same as 1 bitcoin cash or 1 bitcoin gold.Title: Re: Bitcoin wallet and forks Post by: signaturecoin on December 27, 2017, 09:28:58 PM No, you will receive the bitcoin segwitx2 only if you are holding bitcoins at the moment that the fork is done (when the block is mined) and you are going to receive all those forked coins on the right wallet that they support. At the moment, they are giving those forked coins on Binance.
Title: Re: Bitcoin wallet and forks Post by: WatchMaker on December 27, 2017, 11:21:15 PM Hello. When a hard fork is created, if someone has bitcoins in his wallet, he gains the same amount of forks, right? For example, 1 bitcoin means 1 segwit2x too, right? If someone has 1 bitcoin cash, does he also gain 1 segwit2x?? No. Only the owners of the original bitcoin BTC can get that privilege. Sorry, if you own bitcoin cash BCH you can't any of the fork coins. Title: Re: Bitcoin wallet and forks Post by: Anti-Cen on December 28, 2017, 01:26:48 AM No, if that happens then a lot of people would be buying bitcoin cash right now. You only get the forked coins depending on how many bitcoins you have in your wallet. Also having 1 bitcoin gold won't gain you 1 segwit 2x. 1 bitcoin is not the same as 1 bitcoin cash or 1 bitcoin gold. Yes, 4sure in segwit2x who said it's 1:1 and my understanding was it is the same for cash/gold as well so if on the fork date you had 0.1 in BTC database then in Bitcoin cash you would have 0.1 even if it's not worth as much at this point in time Correct bitcoin gold won't get you any seg because they fork the BTC database only and not BTG |