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Author Topic: What happens to the coins in my wallet if I upgrade to 0.8.1 ?  (Read 571 times)
Alpaca John (OP)
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May 05, 2013, 12:10:06 PM
 #1

Yes, that's surely a newbie question. But hey, that's where this newbie area is for, right?
cox
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May 05, 2013, 12:35:12 PM
 #2

Whatever you do, make sure you make a fresh backup of your wallet regularly and definitely before upgrading.

Go to the source repository and read the readme file.

http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.8.1/

If you do this an upgrade should not hurt you even if the upgrade brakes something, witch it normally wold not do.

If i misunderstood the question and you are wondering what physically happens to your coins, the answer is "absolutely nothing".

Your coins are not stored in your wallet but in the shared blockchain, your wallet is actually your private secret key that lets your wallet program access and  manage the bitcoins witch are associated with your private key.
Alpaca John (OP)
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May 06, 2013, 08:41:29 AM
 #3

No you got it right the first time, thanks!

Also, what happens if I don't upgrade at all?
teresa563
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May 06, 2013, 10:05:26 AM
 #4

it will ok
Blazr
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May 06, 2013, 10:09:19 AM
 #5

No you got it right the first time, thanks!

Also, what happens if I don't upgrade at all?

It will stop working correctly.

Alpaca John (OP)
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May 06, 2013, 10:15:09 AM
 #6

No you got it right the first time, thanks!

Also, what happens if I don't upgrade at all?

It will stop working correctly.

But then if I upgrade the 19th everything will be fine again yeah? Including (actually: especially) my coins?

Thanks!
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May 06, 2013, 10:43:55 AM
 #7

But then if I upgrade the 19th everything will be fine again yeah? Including (actually: especially) my coins?

Thanks!

As long as you have a backup of your wallet you cannot loose your BTC.

If you don't upgrade, it may appear like you lost some BTC (your balance may appear lower or even higher in the client), but in reality you didn't, your balance is exactly the same.

If you upgrade on the 19th you will be OK

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