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Author Topic: Are you going to keep your BTC on exchange during the upcoming forks?  (Read 2416 times)
Funeral Wreaths
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October 30, 2017, 05:24:53 AM
 #101

In my opinion, you should hold BTC on your offline wallet. It is more safety to help you receive Bitcoin Gold.
Yes that is better option. You don’t need to put your income in online wallets because they are not much safer there. Hard forks can be hard and they may affect your online savings. You may be get panicked and then there will be you who is making everything sell on the spot. So better is to hold but keep your bitcoins in offline wallet where they can be said safe enough.
from the previous forks, i didn't have any single of them or a portion of them, i don't know but maybe few of us store it to some safe wallet which doesn't fully support the forks, that is also the reason why we didn't receive any or maybe some people got just a portion of it. i was just being careful about my bitcoins that is why i did the move to keep it safe.
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Sengoko
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October 30, 2017, 02:50:55 PM
 #102

I will keep it as long as the exchange support BTG in the upcoming forks and must be trusted exchange. But currently only Yobit i heard support BTG.
Cex.io and unocoin ( a indian exchange) has told they will be crediting bitcoin gold if they list it on their exchange or not. Unocoin has said they will be crediting the coin which the mining community is going to support. Bittrex and poloniex will also credit it's users though no official announcements has been made till now.
Source : https://news.bitcoin.com/cex-io-and-unocoin-announce-fork-arrangements/
I don’t know if I’m really going to leave my Bitcoin on exchangers. Last hard fork I didn’t leave my bitcoinon exchangers, though I know that those that left theirs on exchangers benefited from it by getting equivalent amount of Bitcoin Cash.
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October 31, 2017, 02:19:28 PM
 #103

I will keep it as long as the exchange support BTG in the upcoming forks and must be trusted exchange. But currently only Yobit i heard support BTG.
Cex.io and unocoin ( a indian exchange) has told they will be crediting bitcoin gold if they list it on their exchange or not. Unocoin has said they will be crediting the coin which the mining community is going to support. Bittrex and poloniex will also credit it's users though no official announcements has been made till now.
Source : https://news.bitcoin.com/cex-io-and-unocoin-announce-fork-arrangements/
I don’t know if I’m really going to leave my Bitcoin on exchangers. Last hard fork I didn’t leave my bitcoinon exchangers, though I know that those that left theirs on exchangers benefited from it by getting equivalent amount of Bitcoin Cash.
Everyone has his own way of managing the things at such kind of situations. For me, leaving the BTC during any kind of fork is not a good thing to do. I have experienced this thing in my life that it is holding of your bitcoins which can help you the most under such situations. Bitcoin will never disappoint you, the only thing you need to have is to put trust on bitcoin. Bitcoin will change your life.
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October 31, 2017, 02:30:06 PM
 #104

In a long perspective, having BTC main forks could be a good idea. If the BTC is really so long term story as it's being told, these forks would be also quite valuable. When 5th, 10th fork would be implemented, old forks would gain higher capitalization.
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November 01, 2017, 02:07:58 PM
 #105

I will keep it as long as the exchange support BTG in the upcoming forks and must be trusted exchange. But currently only Yobit i heard support BTG.
Cex.io and unocoin ( a indian exchange) has told they will be crediting bitcoin gold if they list it on their exchange or not. Unocoin has said they will be crediting the coin which the mining community is going to support. Bittrex and poloniex will also credit it's users though no official announcements has been made till now.
Source : https://news.bitcoin.com/cex-io-and-unocoin-announce-fork-arrangements/
I don’t know if I’m really going to leave my Bitcoin on exchangers. Last hard fork I didn’t leave my bitcoinon exchangers, though I know that those that left theirs on exchangers benefited from it by getting equivalent amount of Bitcoin Cash.
Everyone has his own way of managing the things at such kind of situations. For me, leaving the BTC during any kind of fork is not a good thing to do. I have experienced this thing in my life that it is holding of your bitcoins which can help you the most under such situations. Bitcoin will never disappoint you, the only thing you need to have is to put trust on bitcoin. Bitcoin will change your life.
One cannot individually change fork into pump so simply holding is the best option and this is counted in the smart strategies and along with that if any type of dump occurs mainly focus on the buying more because bitcoin is game of pump and dump don’t miss a single chance to buy at low so hold and buy at that time you will be satisfied soon with the prices going up and now is the time which is awaited by all.

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November 01, 2017, 02:57:07 PM
 #106

If we do not want to risk losing our air dropped coins it's as easy as keeping our coins away from an exchange because these guys hardly dish out the split coins probably the reason some exchanges give out a notice before any fork happens and by now we should know that the safest wallets are those you have control of your private keys, so that you dont miss out on such.

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November 03, 2017, 06:14:38 AM
 #107

If we do not want to risk losing our air dropped coins it's as easy as keeping our coins away from an exchange because these guys hardly dish out the split coins probably the reason some exchanges give out a notice before any fork happens and by now we should know that the safest wallets are those you have control of your private keys, so that you dont miss out on such.
That’s the good way to save yourself from any type of loss in any type of fork season and mainly people start selling in the fork time but after the fork is over they start scolding btc and that’s not the fault of btc its totally depend on the user what he want to do all the investor don’t have same mindset some start exchanging in fork time and some hold their coin in wallet all depend on the mental level of person.

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November 28, 2017, 07:08:07 AM
 #108

So, recently there were a pretty big news regarding Bitcoin Gold - https://bitcointalk.org/index.php?topic=2466999.0

This has some very important effects on the whole situation with holding on your own vs holding on exchange. The risk of downloading malicious clients that will still both your forked coins and Bitcoin is relatively high - not only there are many fake sites on first results in Google, because they've bought their ad space or just have some clever SEO, there's also a risk of getting malware from official channels because they got hacked or because they were malicious from the start. This means that if you are holding coins on your own you have to always follow the correct procedure of claiming forks - move Bitcoin to a new wallet, install forked client on a separate machine, import old private keys or alternatively import just signed transaction if possible - after sending your coins to exchange clean or better format this device. It's really not that hard for experienced user, but newbies might simply don't know about it, and easily get tricked into exposing their private keys to malware - which means that there's a certain benefit for them in keeping their coins on exchange during forks. But there's a risk that exchange operators, especially if it's some small local exchange, might also screw up and lose their funds to the same malware - keeping coins online is always risky, since this was never a part of original Bitcoin vision.

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November 29, 2017, 12:23:20 PM
 #109

If we do not want to risk losing our air dropped coins it's as easy as keeping our coins away from an exchange because these guys hardly dish out the split coins probably the reason some exchanges give out a notice before any fork happens and by now we should know that the safest wallets are those you have control of your private keys, so that you dont miss out on such.
That’s the good way to save yourself from any type of loss in any type of fork season and mainly people start selling in the fork time but after the fork is over they start scolding btc and that’s not the fault of btc its totally depend on the user what he want to do all the investor don’t have same mindset some start exchanging in fork time and some hold their coin in wallet all depend on the mental level of person.

Well for me it's free anyways so i don't mind gambling with it if ever i receive it or not. So far i was able to get bcc ans bcg without any problems so i'd probably do the same with all incoming forks

 
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December 20, 2017, 10:04:50 AM
 #110

Yes, I want to keep my Bitcoin on the exchange during the upcoming hardfork. At the previous hardfork I kept my Bitcoin in Bittrex. Bittrex support harfork. And it gave me BCC into my Bittrex wallet.

I also want to keep my bitcoin on the exchange during the upcoming hardfork. Previous hardfork i kept all my bitcoin in ethereum. I think ethereum support hardfork.
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