Bitcoin Forum

With the new Ethereum fork - Do we need to do anything with our ETH which is on a cold wallet

Keep it on MEW and you do not have to do anything. If you keep it on an exchange, be sure that the exchange supports the fork.

Its on a a hardware wallet. What will happen to funds? will we need to move them to exchange after fork? Can we loose funds?

Are you pertaining to wallet that we personally have? Like the wallet wherein we have the private keys? I guess we should just need to buy Ethereum and wait for the fork to happen in order to have some new coins.

Yes I have it on a Trezor wallet. Should I leave them there or do we need to move to exchange post fork?

Just hold or put your Eth on your wallet not on our exchange wallet. Or you can put in the exchange that supports for the ETH fork so you can get the result from the fork.

It's actually not a new Fork, it won't split like BCH and Bitcoin. It's just a technology upgrade. Ethereum's trading speed and contract speed will be significantly improved, I hope this ETH FORK will drive the market to rise.

Oh OK so nothing like BCH or Tron. I keep on Trezor and funds will be SAF

As far as I know, the air drops from the forks do not apply to cold storages. you need to transfer your ETH into MEW. But I'm not sure

Now there are a lot of forks, there is no doubt even here, I constantly see them on the stock exchanges, although most of them do not even go through listing, so I personally use the stock exchange the other day I learned about her who are interested in trying to trade too, leave my referral who does not mind sign up https://bitebtc.com/?affid=46795

Is ethereum forking already?

No need to do anything if it is showing balance on etherscan.

Just keep it on your own wallet by doing nothing so you can participate in the newest ethereum fork. I mean, just hold it.

Save ethereum in the maika wallet when the hardfork occurs then there will be new coins that are shared with the comparison rules, only now it is not known how many coins will be distributed later

Based on what i know, next ETH fork which is constantinople won't make new coins like BTC and bitcoin cash do. So you don't need to buy before the fork, because it still same as usual.

On this exchange ETH forks traded? Which of them?

Will the fork will be successful and have it own price. So far i know most of ethereum fork are dying and has no values on it. Im hope the new one will have it own purpose ans can being useful to users.

My ethereum is currently on binance exchange.  Will binance be supporting the fork or I'll have to withdraw to myetherwallet??

If you are worried about your coins, then you need them to be on MEW wallet or on the wallet of one of the exchanges that will announce the support of the Ethereum fork. But up to this point there is still enough time, so do not worry about the safety of your coins, but simply subscribe to the official sources of the project and follow the news.

If you want to make sure you benefit from the fork (if there is a fork ultimately), you should get your ETH on your own Wallet.

Or on a Trezor or Nano right?

ethereum constantinople hard fork will rise ethereum price. It's rising now. my thought will continue to rise until the fork date. Ethereum is back in second place again. ethereum will be further developed in the upcoming update.

Will need to watch what other exchanges will support fork and of course to store on a cold wallet or Mew there will give you the coins

No, this will be just another update. Only one thing recommended - do not any transaction, when during update, to avoid possible errors.

You should find an exchange that is going to support the Ethereum hardfork within several weeks. Ethereum is a great coin and I think almost every exchange will support this fork so you do not need to worry at all.

To make sure you keep 'em safe keep 'em in MEW. Keeping coins on a exchange is unsafe anyway.

The upcoming ethereum upgrade won't create new coin. It's an upgrade on the ethereum blockchain that tends to speed up the transaction time. No need to worry about your ETH. Just keep them and wait until the prices go up again.

The fork happens without split of the ethereum blockchain. All you need to do is to do nothing, the fork will happen and ethereum will be faster and easier. There are few project that want to fork ethereum, just know that such fork is not from ethereum Team!

No, you don't need to do anything with it.

The hard fork is just an upgrade, no new coins will be generated.

Well, you must have several ETH in your personal wallet such as MyEtherWallet, Ledger Nano, etc I guess... Like a hardfork in general, you will receive it after the fork. Make sure to follow the latest information.

wait ...
it looks like you misinterpreted the Fork this time. hardfork ethereum is not the same as HF bitcoin, because no new coins will be created. as I know, this update is only to reduce block reward

if everything goes as expected, we can benefit from the results of the hardfork event. and ethereum is also the coin that rarely makes hardfork, so I think it will be interesting

It's good fine if hardfork ETH doesn't produce new coins, but by updating the system that is on ETH it will make every investor interested to invest in it, if this keeps happening then the ETH price will go back up so you can take some profit.

It doesn't really matter if the hard fork will produce another coin, you'll just get it anyway if the exchange you keep it will distribute that coin.

or you are person that keeps always on MEW or hardware wallets.

Are you stupid? have you seen bitcoin? It was doing a fork anytime and generate more and more coin while ethereum generates only ETC and it's not the foundation's fault.
This hardfork will result no a new coin or token will generate.

The important thing to participates in any fork is to have the coins or tokens in the wallet you personally control, if not there may be some exchanges that do not want to support the chain and won't credit you with the forked tokens, we have seen this happen over and over again with ETC and BCash SV.

No need doing anything, eth coin specifications dont be changed.
And of course dont ask exchanges support fork.
fork is slang for update network

I don't think the much awaited ethereum hard fork will give birth to new coin,though we might give it a try by having some ETH in your wallet but not exchange.

I am prefer keeping my ethereum in exchanger wallet that support Ethereum constantinopel. A few exchanger already confirm support constantinopel like binance, but its true that its more safe keeping our ethereum in our own wallet

Before you will get information on what to do. And I believe that this Constantinople will make the market to go high , especially the ethereum market . ETH has been doing just really fine since this week and the price has been recovering ,I’m just hoping that it doesn’t fall again. Although the fork will cause a little setback ,but it will pick up within a short while.

Nothing to do need at this time. Usually myetherwallet better for all over Ethereum support token. Otherwise hardware wallet also great for safe and secure transactions. We should keep calm any moment. Cold mind can help to improve our knowledge.

I think the safest place is to keep it in a wallet like Myetherwallet. Because usually not all exchange wallets support it. But you can make sure to the exchange so you can enjoy this fork

The branch of Ethereum is different from BCH. The branch of Ethereum is to make Ethereum better developed and upgraded. This is a good thing.

Nothing to do )
just keep up to the moment when there is a fork on the block then you can safely withdraw funds )

You have to own your Ethers. i mean you have to have private key from the wallet.
There will be 3 hard forks, one of them is scam - Ethereum Nowa, so be careful.

Ethereum is making improvements to it's platform from service like transaction,  scaling for more uses of Ethereum platform and reducing the reward of mining.  I also think this will set a stage for Pos mining!

Yes, for a cold wallet you will not get new models. It is indispensable for them to be placed on the stockpile, which will support the performance of the device. ACCEPT Binance, as soon as you get new models, you can give them or give them away. Older can turn back to the cold strap

In most forks, storing the coin in your own personal wallet is the best option for forking.
Because they usually taking snapshot balance and send the fork coin later if you can give the proof of your wallet ownership.
So, better hold in the wallet which you have the key.

The new Ethereum forks, you don't need to do anything, just put the ETH in your wallet before the specified time.

You are right I think fork happening will not be a big deal for exchanges, however eth is slowly pumping which is a great sign for the investors who were waiting from long days.

If your ETH is in your personal wallet that you have securely hold your private and account information, no need to do anything as the update of a better ethereum blockchain will just take effect with your wallet intact. Also, stakes for ETCV and ETN for every ETH you have requires your ETH in your personal wallet to receive it. The Constantinople hardfork, on the other hand, allows you to even hold on some specific exchange like Kucoin, Binance.

You can keep on a cold wallet, you can also on the binance exchange confirmed that it will support the Ethereum fork and it will be traded there

I think you should hold it. Do not sell it at any price. ETH has a new transformation in new technology and its children will be great in the future. Many people are looking to buy ETH at high prices to get new altcoin. So cherish it and don't sell it at any costs.

there are several hardforks that will occur this month. if you want to get ETCV coins you have to put eth in a personal wallet like MEW or imtoken. but this is not an official hardfork by the ethereum team.

the only hardfork that the ethereum team will do is Constantinople's hardfork. in this fork will not produce new coins.

You should move ETH to exchanges that support hard fork. I have seen the message coming from big exchanges like binance. Okex. Coinex ... they confirmed that it will support hard fork ETH

It is best to wait for the official statement from the development team on the account of the cold wallet but I think that it will need to be just synchronized. I have heard that wallets Jaxx, Coinomi, MyEtherWallet, Ledger Nano will support a fork but it is better to wait for the official statement. I'm only in MyEtherWallet.

Could this be something like an experiment for bitcoin? I mean I know rich getting richer was exactly what bitcoin was created against but PoW creates a bigger problem in that sense. People with equipment mine a lot more than other people and even more than people who can't afford any equipment at all. If we could at least turn bitcoin into PoS system we could make sure we each get same % on what we put in.

Ethereum will test this out now and we will see absolutely no difference between people who have a million ethereum and just 10 ethereums, they will both have same % of income no matter how much they have. Maybe bitcoin could transition to something like that and since bitcoin had scaling issues not having any miners and not depending on them could be a bit better ? We need to see how ETH will scale before we can make that decision of course.

Or you can store it with wallet that support the fork to received your allotted rewards, you should read more about this incoming forks and enjoy the benefits of getting the amount of free money after it became available inside any exchange that will cater this new coin that will coming out from ETH
chain, hold your coin while the fork is ongoing just like what many have said make sure that it is a compatible wallet to enjoy.

why does bitcoin need it? I think the idea of ETH will not work. I believe that the Bitcoin algorithm is the most unique and effective

i thing Binance will List ETCV  first price 0,1 Dollar is possible?

You are not aware of this fork in fact. It's a hardfork and nothing to support by the exchange. Keeping in MEW is okay but if someone is using qt wallet, he must have to update his wallet for continuing with the new chain. Otherwise, he will not be able to send eth to others. But there is nothing to fear at all.

Just let it be on the MyEthereumWallet and just hold your ETH right there. And for more information about the 3 upcoming hard fork for ETH, please see this link below:

https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks

You should keep or hold your ethereum in your wallet like in MEW so you can earn token that you will receive after the fork. I already transfer my Ethereum in my MEW so I will earn the token and I hope we can see big changes in the price after the hard fork.

This is going to be a great hardfork and huge exchanges like Binance and Okex have already announced that they are going to support this fork. Maybe MEW wallet will also announce this and you won't need to do anything at all.

Ethereum has been showing a lot of volatility just before the hard fork is about to take place and this might impact the market like the time Byzantine fork took place and traders should be prepared accordingly. A few days back, Alex Krug, an economist stated that its typical of cryptocurrencies to crash before any fork events take place.
Know Everything About The Ethereum Hard Fork read here: https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks
Let me know your thoughts guys as well...

This is a regular network update and to make things go smoothly, just keep your coins on the MEW wallet. If you want you can also transfer coins to the exchange, previously published in the network list of exchanges that support fork coins.

I don't think there is an issue keeping your ETH in a cold wallet because the hard fork has nothing to do with offline wallets except ETH that is an exchange. If you had wanted to benefit from the hard fork you would moved your ETH to an exchange that is participating before now

I've noticed a lot of people are misguided about the hard fork. Too early I think that will give me additional coins, but it will just upgrade the network.

I don't think the fork will result in any notable changes to your holdings. Since the stakeholders are in agreement, I don't think there will be any forked coins during the event