What will happen to my paper wallet?

[worriedme]

Hi,

I've been buying bitcoins every month to add to my paper wallet.  What I'm worried about if the XT fork takes place and I buy bitcoins then add them to my wallet will they become worthless?

will XT affect my paper wallet holdings when I add more to it??

[MicroGuy]

Hi,

I've been buying bitcoins every month to add to my paper wallet.  What I'm worried about if the XT fork takes place and I buy bitcoins then add them to my wallet will they become worthless?

will XT affect my paper wallet holdings when I add more to it??

The address represented by your paper wallet will not change. The unknown factor is what will a contentious fork do to the overall value of Bitcoin.

[jeannemadrigal2]

The fork is not supposed to take place unless all of the community of nodes and miners agrees that it should.  They will have a headache to set things up but for us end users there should not be any change, except for like Microguy says, the value of the coins may suffer from fear.

[pawel7777]

In the worst case scanario, when Bitcoin divides into 2 forks, the coins deposited before the fork will be withdrawable on any of the 2 forks (possibly on both, but not sure on this one).

There could be a problem with the coins deposited after forking. If you deposit using fork 1, you may be not be able to withdraw on fork 2. But your current holding is safe.

[LiteCoinGuy]

Hi,

I've been buying bitcoins every month to add to my paper wallet.  What I'm worried about if the XT fork takes place and I buy bitcoins then add them to my wallet will they become worthless?

will XT affect my paper wallet holdings when I add more to it??

nothing will happen to your BTC. you are just fine with that and u dont have to change anything.

https://bitcointalk.org/index.php?topic=1092343.0

[knight22]

Your bitcoins are safe. If there is a fork you'll be able to spend your bitcoins on both chains so you'll just have to go with most relevant one.

[bitnanigans]

Your paper wallet will be fine and all your bitcoins will be spendable.