What would happen to your coin during a Hard fork?

[Dimelord]

What would happen to your bitcoins when a hark fork occurs.Just you have to wait and watch.You will own bitcoins on both forks.If you have stored it in your hardware wallet,no need to worry.but if you have stored your bitcoins in an exchange wallet,then you have to follow their rules.They may temporarily suspend the deposit and withdrawal of bitcoins for 24 or 48 hours.Most of the well known bitcoin exchanges have revealed their plans that if a hark fork occurs, they will list  both digital assets BTC and BU creating another account for their customers.But initially, they may suspend bitcoin deposit and withdrawal for one or two days.

[Catmony]

If you are talking about centralized wallets like xapo and coinbase yes they may suspend deposits/withdrawals. But if you have full control over your private keys like with electrum and blockchain.info (imported addresses) than you don't have to worry about losing some free BTU during hard fork.
Here is hard fork guide (if it ever happens) : https://bitcointalk.org/index.php?topic=1644949.0

[LFC_Bitcoin]

If you are talking about centralized wallets like xapo and coinbase yes they may suspend deposits/withdrawals. But if you have full control over your private keys like with electrum and blockchain.info (imported addresses) than you don't have to worry about losing some free BTU during hard fork.
Here is hard fork guide (if it ever happens) : https://bitcointalk.org/index.php?topic=1644949.0

How about if a large % of your coins are on Satoshi's Core client? Will that same number of coins be present on those addresses in the BU client when/if you install it?

Obviously I have multiple back ups.

[davis196]

What would happen to your bitcoins when a hark fork occurs.Just you have to wait and watch.You will own bitcoins on both forks.If you have stored it in your hardware wallet,no need to worry.but if you have stored your bitcoins in an exchange wallet,then you have to follow their rules.They may temporarily suspend the deposit and withdrawal of bitcoins for 24 or 48 hours.Most of the well known bitcoin exchanges have revealed their plans that if a hark fork occurs, they will list  both digital assets BTC and BU creating another account for their customers.But initially, they may suspend bitcoin deposit and withdrawal for one or two days.

What about localbitcoins.com?
I have some btc in localbitcoins and i don`t know anything about their "hard fork policy".
Maybe i should ask customer support.
Suspended deposits/withdrawals for 48 hours aren`t such a problem.

[audaciousbeing]

What would happen to your bitcoins when a hark fork occurs.Just you have to wait and watch.You will own bitcoins on both forks.If you have stored it in your hardware wallet,no need to worry.but if you have stored your bitcoins in an exchange wallet,then you have to follow their rules.They may temporarily suspend the deposit and withdrawal of bitcoins for 24 or 48 hours.Most of the well known bitcoin exchanges have revealed their plans that if a hark fork occurs, they will list  both digital assets BTC and BU creating another account for their customers.But initially, they may suspend bitcoin deposit and withdrawal for one or two days.

I dont even want to bother about the technicalities that surround bitcoin simply because I find it boring and not understandable. I will just leave that to the developers one thing I know that whatever that will happen to bitcoin will not happen to me alone as it will equally affect millions of users who either have 1 btc or 1 satoshi all over the world. So, I just wait and see how things will unfold.

[Lauda]

How about if a large % of your coins are on Satoshi's Core client? Will that same number of coins be present on those addresses in the BU client when/if you install it?

There is no such thing as "coins on Satoshi's Core client" (e.g., your coins aren't "on Electrum" when you use it either). Your coins aren't sitting in your software, they are part of a ledger. Your wallet is just a file containing keypairs (of which, the private part is required to send TXs/sign messages) to addresses which may or may not have a positive balance. In the event of a HF such as the BTU altcoin, you are to simply copy over your wallet.dat into a folder which is used by the main BTU client. Alternatively you could just import the priv keys (although this would take longer).
Read: https://bitcoin.stackexchange.com/questions/1600/where-are-the-users-bitcoins-actually-stored

What about localbitcoins.com?
I have some btc in localbitcoins and i don`t know anything about their "hard fork policy".

Simply summarized: In the event of a HF, keep coins on devices which you own. As you've put it, ask the relevant customer support department. Don't ask what happens with each service here.
Stop opening so many threads on the same subject.

[paul gatt]

Whatever happens, I never expected bitcoin to crash. This fork is giving bitcoin a chance to crash, and the coin will rise to the top. This is bad for us, the ones that own bitcoin. As we all have seen, ETH is the most loved and thriving currency, and besides, there are other currencies, which are also growing, however, bitcoin is faced with. The challenge at this time. A difficult path and a high risk of collapse.

[LFC_Bitcoin]

Thanks for that Lauda 

[cjmoles]

Thanks for that Lauda 

I think the safest bet at this time is for everybody to keep their coin on an address that they control.  When Ethereum forked, I was lucky enough to have my coin in an honest online account and they credited my account with the coin in the alternate chain, but there were many who missed out because they didn't control the address which held their coin.  If it's on an exchange, they should make sure they understand the exchange's policy should bitcoin fork.

[Technicality]

Thanks for that Lauda 

I think the safest bet at this time is for everybody to keep their coin on an address that they control.  When Ethereum forked, I was lucky enough to have my coin in an honest online account and they credited my account with the coin in the alternate chain, but there were many who missed out because they didn't control the address which held their coin.  If it's on an exchange, they should make sure they understand the exchange's policy should bitcoin fork.

Yep, in the case of some exchanges like Coinbase you can't properly rely on getting both parts of your coin and working properly with it - some online wallets just oversimplify so much that they let their opinions get in the way of the practicality of needing both branches of the fork at your will.

[calkob]

What would happen to your bitcoins when a hark fork occurs.Just you have to wait and watch.You will own bitcoins on both forks.If you have stored it in your hardware wallet,no need to worry.but if you have stored your bitcoins in an exchange wallet,then you have to follow their rules.They may temporarily suspend the deposit and withdrawal of bitcoins for 24 or 48 hours.Most of the well known bitcoin exchanges have revealed their plans that if a hark fork occurs, they will list  both digital assets BTC and BU creating another account for their customers.But initially, they may suspend bitcoin deposit and withdrawal for one or two days.

Its pretty simple after the fork you will have coins on both chains.  this does not mean however that they will be worth the price of a bitcoin prefork.  the best guesstimate as to price after fork would be 50/50 just after fork and then it will change from there.