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Author Topic: Warning!  (Read 1102 times)
karmakeddon
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October 31, 2017, 11:44:05 PM
 #41

Why would you keep your money in an exchange in the first place? Are people that desperate for the free coins you will be getting that you would decide to take an even bigger risk by letting somebody else hold your money? That is not the smart move in my opinion.

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squatter
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October 31, 2017, 11:44:37 PM
 #42

I want to get my btg,  should i keep my bitcoin in poloniex?  or transfer it to your recommended wallet? 
Anyways am planning to dumped that btg later on.  It is still  a money.

It's too late to do anything now. The UTXO snapshot that will serve as the UTXO set on the BTG blockchain already happened almost a week ago. Wherever your coins were at Block 491,407, that's where BTG will be when the network launches.

People are wise now! they buy bitcoin and leave it in the exchange for a free money which is another hardfork of bitcoin when split. hope everyone else here when will the best time to buy bitcoin

Wise? No. Ignorant? Yes. This is what people mean by the S-curve of technology adoption. Increasingly, users of Bitcoin don't understand how it works, why it exists, or the risks inherent to third party custody. Many of these newbies will find out the hard way why they should never leave funds on any exchange for long.

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October 31, 2017, 11:49:05 PM
 #43

you can use, but exchanges the input close and output both circuits
I am a little bit confused now. Is it warning about to hold coins on an exchanger or do not? And will it be impossible to put or output coins only on 15tg November only or some short period around the fork? Thanks.


I am also in the same situation like you. Not getting it at all about where to store the coins really. Some says during the hard fork it is always good to store or it is mandatory to store the coins on wallets for which we are holding the private keys really.

If we consider that in our calculation then I’m pretty confused here because I know hundred percent that exchanger have no private keys which are given to us. Their wallets are under their own control. So what’s the logic here.
Good question! Does anyone have an answer for this please?
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now and given real money.

Fork means 2 copies of data files. Can you know which is offical and which is not?
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November 01, 2017, 12:19:28 AM
 #44

If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions


I beg to disagree to you dude. Why we should keep our coins to exchanges when we know it's unsafe?
You're just risking your coins just to have a free coin? C'mon, yeah everybody here loves free coin, this means an instant money for all of us but what you're saying is inconsiderable. There are always wallets that supports the hard fork, just transfer it to secured wallet and wait for your free coins.
And if you're saying it can't might make transaction if we didn't store our coins there then it's fine, it's free and we didn't invest it so we just wait when everything is fine.

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Cacingkemi
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November 01, 2017, 12:45:39 AM
 #45

Thanks you for this warning but I stick to my past stance,I will save on my personal wallet it's safer and not too worried if one day there is a problem.I've also seen famous people here he trusts the wallet offline no third party at there.

UCHCHILD
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November 01, 2017, 01:01:58 AM
 #46

Better not stock on a online wallet or in an exchange because once a hard fork happened there will be so much delay with many thing especially the transactions, also there will a variations of prices too. But I would rather keep my money into safer than the exchange wallet.
Exister
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November 01, 2017, 06:36:40 AM
 #47

...

To transfer your bitcoins to the exchanges is the same as transferring cash to your stockbrokers. Are you sure the bitcoin exchanges are regulated? Are you sure they are not crooks. If you have the coins in the regulated Japanese exchanges, then you are safer.   


Yes do that indeed, Japan has not become famous enough from Mt. Gox.
thinair
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November 01, 2017, 08:21:00 AM
 #48

...

To transfer your bitcoins to the exchanges is the same as transferring cash to your stockbrokers. Are you sure the bitcoin exchanges are regulated? Are you sure they are not crooks. If you have the coins in the regulated Japanese exchanges, then you are safer.   


Yes do that indeed, Japan has not become famous enough from Mt. Gox.
Is not 2013 light years away for your beloved BTC time scale? Mt Gox Huh Ha Ha Ha. Do you want to put your money into Lehman Brothers?   

The japanese exchanges are now fully legalized through parliament - the only one in the world. Why is this not the best?
traderethereum
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November 01, 2017, 03:01:08 PM
 #49

If at the time of the hard fork november 15 you will in bitcoins, then be sure to keep them on exchanges, otherwise you will not be able to make deposits for sale, both sides do not want to put protection from repeated transactions
[/quote

thank you for giving this info and i think we can follow your info so we can keep our bitcoin in the exchanges. but i think we don't have to transfer all of our bitcoin but we can do for some bitcoin and i guess we can get free coins again. i am only expecting if the hard fork will give me the other bitcoin for free so i can sell it again like what i get in bitcoin cash and bitcoin gold. so i think we can waiting what will happen in november 15 and we can hope that we can get free coins.

CryptoMania110
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November 01, 2017, 03:19:41 PM
 #50

Keep your private keys man. thats the important thing.
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