Warning!

[alevlaslo]

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

[TTITA]

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

what if we store bitcoins in an mobile wallet, is there any consequence?
is it still can be using for transaction.

[alevlaslo]

you can use, but exchanges the input close and output both circuits

[batang_bitcoin]

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

what if we store bitcoins in an mobile wallet, is there any consequence?
is it still can be using for transaction.

As long as you have the private keys it doesn't matter. The only thing that matters is if those mobile wallets, web wallets will show a statement that they are supporting these hard forks and will be distributing those coins after all. There's no need to worry about it, it's like the same hard fork after all but the next one Segwit2x is what everyone is worrying because it got a lot of support.

[darkangel11]

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 always thought keeping them on exchanges during the fork is much more risky. I can wait 24 hours before making a deposit, just like with any other fork. Some exchanges didn't even take that long and had just a few hours of suspension. Simply keep your money on an address that you control and avoid sending coins on the day of the fork.

[Iranus]

It depends on whether you think the new chain will retain its value in the time after the fork.  If you think it will retain its value for long enough to you to bother waiting for proper wallet services to help you split your coins, or you're technically competent enough to understand what you're doing anyway, it's worth keeping it off exchanges to avoid the risk of them not giving you your coins.

If you don't think it'll retain its value and the exchange says it'll give you the new chain at a 1:1 ratio with BTC, I suppose it could be worth keeping it on an exchange.  But I don't think giving it as certain advice is reasonable.

[Taki]

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.

[rikybrosh]

Oh what is this? There a lot of thing happen and makes me confusing.  i hope bitcoin prices will not down because of this. Okay thanks for the information. Hard fork?

[Ctn]

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.

[BTCANAN]

So it fine to store our bitcoin on an exchange ?
Once the fork is over, the bitcoin might fall as usual soon after the fork. When do we know it will be safe enough to convert our bitcoin into fiat for example ? is it safe if we convert them on that same platform right after the fork or do we still have to wait ?

[Herbert2020]

your warning needs an even bigger warning itself!

these days almost everyone knows this but since OP neglected it, i should mention that keeping your coins on an exchange in not at all a good idea. there has been too many cases of them running away and becoming scams. and there has been even more cases of them closing their users' accounts. recently bittrex did that for a lot of their users from different countries forcing them to verify their accounts and rejecting some even when they did that!

not to mention that in case of no replay protection that OP calls "repeated transactions", the exchanges not only won't support it but also they may lose their funds.

this all means if you hold anything on exchanges you are taking even a bigger risk.

[jeamfpvd]

That's true。 It's safer to put it on the exchange when you split it. There's another fork next month. Let's wait for the candy.

[yansen]

do not deposit and withdraw bitcoin during the fork, it will make a delivery error and result in your bitcoin missing. it's better to wait until all the bitcoin systems return smoothly

[tamilbitcoin]

It is better to keep it in exchanges. They may offer equal amount of both coins after split.

But during hard fork exchanges stop receiving or sending bitcoins for few hours. Even if some don't, it is better not to do any transactions around that time.

[Glory90]

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

lately i'm so busy I don't have time to read the Bitcoin news, thank you alevlaslo your information is very useful for me
I will move my Bitcoin into exchanges, where the good exchange to keep Bitcoin?

[Beerwizzard]

Holding your funds on exchanges doesn't mean that you will be able as soon as fork happens. Just remember poloniex that was offline for some days after BCH fork. In addition to that you still have the same smount of risk about the exchange hacks or scams. Anyway the early BCH sellers go their profits only because there was an extremely low amount of suply on exchanges and it won't happen now if everyone will be able to sell their "free money" asap.

[MisterPrada]

Oh what is this? There a lot of thing happen and makes me confusing.  i hope bitcoin prices will not down because of this. Okay thanks for the information. Hard fork?

[alc]

Retaining control of the contents of your wallet should be more important to you than a potential quick profit from getting to dump the losing chain.

If your bitcoin is on an exchange, it's not "your" bitcoin any more, regardless of what the exchange may say or promise. They may cut and run, they may Gox it up, and you've got no control since you don't have the private keys to "your" bitcoin. It's only yours if you have those keys and nobody else does. Nobody knows what's going to happen when Segwit2X goes down, and nobody can predict how the exchanges will respond. Stay safe, and stay in control.

[GreenBits]

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

cant recommend this unless you are conversant in crypto. the only time you should be leaving coins on exchanges is if you know with certainty you want to liquidate as fast as possible. otherwise, the same classic issues that arise are still there: you dont control the keys, and everyone has decided to centralize the store of bitcoin by choosing tht specific exchange. this makes the exchange a more attractive target to hackers and trolls. imagine if an exchange got hacked while it was holding all that coin, or even ddos for that matter

[illinest]

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 think this goes against common sense. Leaving all your coins on exchanges exposes you to incredible third party risk. And the fact that there is no replay protection makes this even riskier: what if an exchange screws up their internal replay protection and ends up losing lots of coins?

Or what if this ends like like Bitcoin Cash or Ethereum Classic on Coinbase, where it takes them many months to give people their minority chain coins? There is also no guarantee that any given exchange will support markets for both coins. Bitfinex will definitely offer markets for both, but I'm not sure what everyone's policy will be.