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Author Topic: Where are you all holding your Bitcoin for the fork?  (Read 1262 times)
thecodebear (OP)
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November 05, 2017, 09:16:30 PM
 #1

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?
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November 05, 2017, 09:41:22 PM
 #2

I saw an email from Coinbase a while ago claiming that they would regard the original chain to be "BTC".  But other statements from them imply that they will let hashrate decide or do a variety of other unnecessary things.

Considering the experiences that most people also have with their customer support, I wouldn't want to be holding my coins in Coinbase if something goes wrong.

Personally, I'm going to keep holding coins in my TREZOR and see how it pans out of the next couple of months. 

Replay attacks aren't a concern for me because I don't spend coins all that often and I'm prepared to wait for a while until a solution is found.  I also read through this article which gave me a fairly reasonable explanation of what I would have to do if I had no easier choices, so I'm feeling safest this way.

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November 05, 2017, 09:42:34 PM
 #3

I'm holding mine at Bittrex, last time it worked fine for me Smiley
thecodebear (OP)
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November 05, 2017, 10:27:49 PM
 #4

I saw an email from Coinbase a while ago claiming that they would regard the original chain to be "BTC".  But other statements from them imply that they will let hashrate decide or do a variety of other unnecessary things.

Considering the experiences that most people also have with their customer support, I wouldn't want to be holding my coins in Coinbase if something goes wrong.

Personally, I'm going to keep holding coins in my TREZOR and see how it pans out of the next couple of months. 

Replay attacks aren't a concern for me because I don't spend coins all that often and I'm prepared to wait for a while until a solution is found.  I also read through this article which gave me a fairly reasonable explanation of what I would have to do if I had no easier choices, so I'm feeling safest this way.


Well what they call it isn't my concern. Just access to both coins is all I'm concerned about. And they will provide that 24 hours after the fork.

Only reason I want access to the coins easily and quickly is so that when the dust settles I can sell the minority chain to get more bitcoin (majority chain).
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November 05, 2017, 10:32:25 PM
 #5

Coinbase is going to support this coin and you are going to receive those free coins if you are going to hold them on their wallet, this is one of the most safest ones and i think that i will move my bitcoins to there in order to receive them fast, and without any issues.
i would suggest you to ad a 2fa autenthicator, you would never know if you are going to be hacked by someone, or if you lost your password, so enable it and them move your coins.


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shafi alam
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November 05, 2017, 10:44:21 PM
 #6

When bitcoin gold was released i saved my bitcoin in exchange.  i didn't know that if i have some btc i will Receive bitcoingold. I have some btc i got little amount of bitcoin gold.
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November 05, 2017, 10:47:37 PM
 #7

I'm holding all of mine in Freebitco.in. I'm honestly too lazy to do anything else.
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November 05, 2017, 10:54:08 PM
 #8

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

For holding Bitcoin, there are two main options - doing it by yourself via software or hardware wallet, or keeping it on some online wallet - blockchain.info, exchange or some other service. The first options provides the best safety - as long as you hold private keys you will own coins on both chains and no one will able to force you to use only one of them. The second option is risky, because your funds may be lost due to some network disruptions, wallet provider might decide to support only one chain or just get hacked like it sometimes happen. But there are a few benefits to it - if it was stated before, they will split your coins for you so you won't have to use segwit2x software, and if it's an exchange, you might be able to sell your B2X coins earlier than others.
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November 05, 2017, 10:59:08 PM
 #9

I'm planning to differentiate and keep some of my money on exchanges and some of it on my wallet. I'm not going to use a single exchange but prefer to divide money between a number of them. I know that chances of something going wrong will decrease this way but also chances of me losing a lot will decrease.
If you're afraid of the fork and don't want to play risky keep money on your wallet. Nothing bad will happen if you keep coins safe offline.
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November 05, 2017, 10:59:55 PM
 #10

I will leave main part of my bitcoins in offline wallet. I don't want to depend on 3rd part service, despite their statement about upcoming fork. I think it's safest way to keep Bitcoins where you control your private keys. And I prefer safety instead of convenience. Maybe I will just leave tiny amount on BTC on one exchange.
Offcourse, if you just want to dump minority chain coin ASAP, keeping coins on exchange at the moment of fork is best for you. It may take even 24 hours or more until exchanges will enable deposits on both chains after fork.

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November 05, 2017, 11:15:38 PM
 #11

I will save my bitcoin in my blockchain wallet, like i do since a long time. I don't think that will be a problem during the fork in november. I trust blockchain wallet, and I don't like to save my bitcoin in hardware wallets or exchanging sites, I am lazy to do that.

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November 05, 2017, 11:33:32 PM
 #12

I am using a hardware ledger dude... I bought it over Amazon for .1 bitcoins back in April. It supports every fork, it offers firmware updates via windows 10. I've been using it for my BTC cash and Gold. try it dude.
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November 05, 2017, 11:37:28 PM
 #13

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?


You should not give your bitcoins to an exchange to hold them.

Have a wallet that you have control over 100%. A wallet that lets you have your private keys like Bitcoin Core wallet or Jaxx. When you want to split your coins later it isn't too hard. You simply will use your private key to import into a new wallet, the steps should be almost exactly the same as the previous fork for Bitcoin Cash.

Check out the post Theymos made awhile back. Also keep on the look out for posts from Theymos as I would imagine he is going to make another post similar to the Bitcoin Cash post.

Keep in mind any coins held on an exchange are more likely to be backed when this fork happens, this is due to the significant worth of 1x and 2x coins. If someone hacks the exchange when the fork happens and gets everyones 1x private keys, they will also get the 2x private keys and be able to double their coins(whether or not those 2x coins are worth much will be seen in the future).

https://bitcointalk.org/index.php?topic=2059111.msg20544752#msg20544752
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November 05, 2017, 11:41:26 PM
 #14

I'm not interested in receiving the free coins.So,i just hold my bitcoins in my electrum wallet.And i would not do any transactions during the hard fork.

But if any one need free coins,then they could deposit their bitcoins in Coinbase as it support the hard fork.

There are a lot o exchanges which support segwit 2x,but bittrex stand is still not clear.

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November 05, 2017, 11:43:24 PM
 #15

I always hold my coins in a desktop wallet or Trezor and only put them on an exchange when I know that I will be buying something. Not worth the risk of keeping them stashed away in an exchange.
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November 05, 2017, 11:46:51 PM
 #16

I usually do not participate the fork. Well I refer it as an airdrop yes but I don't want in fork. It is just like risking your bitcoin for another coin and what if your bitcoins will be taken away from you if that happens?




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November 05, 2017, 11:48:19 PM
 #17

I usually do not participate the fork. Well I refer it as an airdrop yes but I don't want in fork. It is just like risking your bitcoin for another coin and what if your bitcoins will be taken away from you if that happens?
It's pretty easy to safely take the airdrops if you back up your wallet. Just make sure that you can access your wallet from another computer and then do the fork if you want to be super safe.
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November 05, 2017, 11:49:29 PM
 #18

I holding my BTC on Binance, i think it's secure enough for me. And save half of my BTC to desktop wallet.

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November 05, 2017, 11:57:11 PM
 #19

I will save my bitcoin in my blockchain wallet, like i do since a long time. I don't think that will be a problem during the fork in november. I trust blockchain wallet, and I don't like to save my bitcoin in hardware wallets or exchanging sites, I am lazy to do that.

Same here, i started running a full node since August and so my blockchain wallet ios all i use these day and so i have moved a lot of my stock in there and preparing for the fork. I think there couldn't be anywhere safer than the blockchain qt wallet.
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November 06, 2017, 12:11:06 AM
 #20

Hold half on exchange Yobit and the rest on freebitco.in, and freebit already announce they will send "Bitcoin Gold" and "Bitcoin Segwit 2x" but they still pending the bitcoin gold after next hard  fork(Bitcoin Segwit 2x).

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November 06, 2017, 12:42:14 AM
 #21

In different wallets that supports the fork so you could benefit and get bitcoin core on each of it.
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November 06, 2017, 12:55:57 AM
 #22

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

Im holding in Bittrex and some bitcoin hold on vip.bitcoin.com (Indonesian Exchanger Site) , just waiting HF launched.
I think im holding on good site and secure for me.

Cheers ~
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November 06, 2017, 02:44:45 AM
 #23

Hold half on exchange Yobit and the rest on freebitco.in, and freebit already announce they will send "Bitcoin Gold" and "Bitcoin Segwit 2x" but they still pending the bitcoin gold after next hard  fork(Bitcoin Segwit 2x).

fortunately i got free bitcoin cash and bitcoin gold in yobit because i hold my bitcoin in that sites. and in freebitco.in, i still have balance so i think if its true then i will get another free coins from bitcoin gold like i got bitcoin cash too. beside that two sites, i still have balance in poloniex and bittrex just in case if these two sites give free coins too like yobit and freebitco.in. but i wonder that in electrum, mycelium and jaxx giving free coins too or not.

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November 06, 2017, 04:07:06 AM
 #24

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

I chose to store my Bitcoin on the exchange, because it's easier to convert Bitcoin or BTG / B2X if something bad happens.
I think if I keep it in a special wallet like blockchain.info or an offline wallet, then something happens on bitcoin network and we can't send our bitcoin to market, we can't do anything. Whereas if I keep it in the exchange wallet, I will be able to sell it quickly.
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November 06, 2017, 04:14:07 AM
 #25

As for me, I'm not holding any Bitcoin before and during the fork. I'm using my Bitcoin to buy more altcoins. I had observed that altcoins price are very cheap before the fork because people tend to buy and hold Bitcoin hoping they will receive another coin from the fork and suddenly increase the price after the fork. That is my strategy now.
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November 06, 2017, 04:30:27 AM
 #26

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?
iwhen BCH come i save it in my local exchange because they support it and about the new fork maybe i will wait for their announcement first, they support or not

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November 06, 2017, 05:26:57 AM
 #27

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

I'd prefer my wallet over any exchange, its just a lot safer. Even though there will be a task to do when trying to get the forked coin from the wallet, but I feel it is worth the effort as at least you keep your coins to yourself.
I know many people do keep their assets on exchanges, but I just do not feel comfortable with it.
Electrum wallet it is for me.
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November 06, 2017, 05:49:04 AM
 #28

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

I'd prefer my wallet over any exchange, its just a lot safer. Even though there will be a task to do when trying to get the forked coin from the wallet, but I feel it is worth the effort as at least you keep your coins to yourself.
I know many people do keep their assets on exchanges, but I just do not feel comfortable with it.
Electrum wallet it is for me.

Same here. I'm holding my coins in my Electrum wallet because I feel safe with it. I only have a few amounts of an exchange and I don't intend to put my bitcoin in there just to get those airdrops coins during the fork. Would rather wait for a better wallet on how to claim those free coins. I'm not in the rush to get them. Its better to be safe than sorry. This is evident of Aug. 1 when people try to rush only to be scam by those websites or instructions claiming to help them get free money.

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November 06, 2017, 06:09:11 AM
 #29

I have a friend who kept his Bitcoins in XYZ exchange before the last fork and after few weeks that exchange said that they are going to support Bitcoin cash. My friend kept patient for few months and then again mailed the exchange support to claim his Bitcoin cash but exchange said, they won't create any platform for Bitcoin cash but they will send the Bitcoin cash funds to the address submitted by the users and the last date to submit Bitcoin cash was over.

Considering this experience, I would keep my funds in the paper wallet so that I can sweep my funds after the fork and use the private key to claim the forked coin.
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November 06, 2017, 06:39:17 AM
 #30

If you do not want to wait for other people to make the decision for you, then you should move it to cold storage. This cold storage should give you 100% control over the decision on what to do with your coins. It is advisable not to do anything 24 hours prior and 24 hours after this fork.

If you use Coinbase/Xapo/Freebitco.in and the like, you will be at their mercy. ^hmmmmm^

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November 06, 2017, 07:12:55 AM
 #31

For last two fork I kept my bitcoin holding on blockchain.info and found very difficult o claim after two months I could be to get bitcoincash from blockchain.info now I don’t have any genuine resource to get btg fro blockchain.info now I am holding bitcoin in hitbtc where they already announced will give b2x soon after fork.
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November 06, 2017, 07:35:55 AM
 #32

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

When there is a fork for bitcoin you must have a Bitcoin on your wallet to get the coin from that fork, this is why people are hodling their bitcoins when there is a rumored incoming fork. This is also the reason why price keeps on going up
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November 06, 2017, 07:49:17 AM
 #33

I'm holding all of mine in Freebitco.in. I'm honestly too lazy to do anything else.

Me also. Having some fun while waiting releases some stress. I also place some on hashnest.

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November 06, 2017, 08:26:29 AM
 #34

Keeping my coins on Coinbase, the 1-1 offer sounds great. Might even invest some more, gonna do some reading to see how people evaluate the fork. Hopefully nothing goes wrong.
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November 06, 2017, 08:38:53 AM
 #35

I keep my Bitcoins at Bittrex and some few more at Crypto-Games since they are also committed to distribute fork tokens. After this fork we will probably have another last fork this coming December. Bitcoin Silver fork is also coming up this December.  Grin
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November 06, 2017, 09:16:08 AM
Last edit: November 06, 2017, 10:22:50 AM by MCVXYZ
 #36

This is a good solution For me :-  Move your bitcoins to a wallet that will give you access to your private key. Move all your bitcoins to one address, with one private key. Hardware wallets are just perfect for that.olso you can convert to USD or other crypto while you wait for this update to calm down.
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November 06, 2017, 09:18:29 AM
 #37

I'll be storing mine in a wallet just to be safe. I used to store on exchanges but I feel it gets riskier and riskier everyday.
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November 06, 2017, 09:24:08 AM
 #38

For online wallet , I keep on blockchain and for offline , electrum is my wallet. Some of them I put on VIP ( my local exchanger )
So yeah... I'm often get forking coin because I'm not too interest because it's way to complicated if I must move all of my fund into unknown exchanger.
It's not worth for the risk anyway


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November 06, 2017, 09:25:41 AM
 #39

Im keeping mine in a wallet like coinph or xapo.I tried storring it in exchanger but loss funds.
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November 06, 2017, 09:27:19 AM
 #40

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?
I guess for all of the holders of bitcoin i guess this what is the answer just continue to hold your bitcoin but you need to hold your bitcoin in a exchanges that surely will. Support the upcoming fork or support the bitcoin gold in the coming november to easily get a free money in the coming fork i guests holdng your bitcoin in the fork is obviously a great idea.
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November 06, 2017, 09:37:23 AM
 #41

the funds I have for trading, or practically my hot wallet is going to be on an exchange of my choice which I have not yet decided which one. but I will keep it there so that I can receive the coins fastest way possible then sell before the drop begins. I might buy back what I sell though. I will wait a little to see how the market is reacting and wait for a bottom to buy back and keep the difference as profit.

the rest I will keep in my cold storage for safe keeping and will split my coins after some time has passed and as soon as I find a secure way of doing so. I have to consider risks, the replay protection and the safety of what I am going to download.

Only Bitcoin
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November 06, 2017, 09:45:36 AM
 #42

Im keeping mine in a wallet like coinph or xapo.I tried storring it in exchanger but loss funds.
I keep my bitcoins in myetherwallet and blockchain witch i think are the best wallets and the most Trustfull because a lot of people use them and have no problems with them. So i think you should try to use these 2.
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November 06, 2017, 09:52:38 AM
 #43

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

I am doing the same thing I had done before this year first fork move my coins away from coinbase.com, I was recently tempted to go back but I am very glad I didn't they closed my account it's really strange. I am keeping my coins locked in the electrum and I am not going to claim the btc2x until they have replay protection. I would advise all to move to electrum and be safe cause post this another fork is coming in December.
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November 06, 2017, 10:02:53 AM
 #44

I am holding my bitcoin not because of fork but because I want to gain profit for long term investment. The fork did make the value of my bitcoin increase and I hope after the fork I can buy bitcoin again when the price will go down.

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November 06, 2017, 10:07:33 AM
 #45

As for me prefer core, but previous segvit  one order closed just before segvit so it was got to find bcc as well))

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November 06, 2017, 10:19:50 AM
 #46

I had been moving mine to a wallet for the fork. But then I'd have to deal with how wallets are going to recognize the forked coins and have to worry about figuring out how to split the coins and whatnot. Saw Coinbase said they are planning to have the B2X coins available 24 hours after the fork, so now I'm just holding all my coins on Coinbase for the fork as that just seems like the easiest solution. Once the dust has settled and the danger has passed and we know which chain is the main chain I'll sell the minority chain and throw all my Bitcoin in a paper wallet.

How about you guys? Coinbase? Exchanges? Wallet?

for me, all of my bitcoin from all of my different bitcoin wallets are been move into my offline wallet which is electrum wallet, I want to store on that wallet because it has a cold storage features in there to be safe during the fork, It works perfectly and have a good experience on that wallet which I already used it on that recent hard fork (BCH) because I don't have any trust on that any web wallet. you don't have a full control on that wallet if you have that one.
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November 06, 2017, 10:24:31 AM
 #47

This whole situation worries me a bit as well. I usually hold my coins on a wallet, because it's safer, than leaving them on a exchange, where you normally don't have control over your private keys. But because of the lack of replay protection on this fork, I just don't know what to do. I know exchanges and wallets are going to implement their own replay protection, so it should be ok to leave the coins on a exchange that does that. Right now it could even be safer to hold them there, if your wallet is not implementing their own replay protection.

I'm using Electrum right now, and I need to do some research, to see if they will do the same. If they don't take any measures, and since I don't really want to lose any of the coins (BTC to hold, and B2x to dump), I guess I wont be moving any of my coins around, until all the dust settles.

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November 06, 2017, 10:57:07 AM
 #48

for me, i preferred to use offline wallet like electrum, because i already use this wallet before and at the time that BCH hard fork comes, all of my bitcoin are stored on that wallet ive mentioned and all my bitcoin are fine. im not telling you that coinbase is not safe to store bitcoin during the fork, since you have a good experience on that wallet before, you can use that, theres no problem on that bitcoin wallet, but i recommend you to use this electrum wallet as well for more secure.
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November 06, 2017, 11:00:02 AM
 #49

In my wallet, where else? Ever since the first fork, my instincts is to hold them myself rather than use an exchange. I have always felt fear keeping my coins in an exchange because you never know when they will go rogue.

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November 06, 2017, 01:57:53 PM
 #50

This whole situation worries me a bit as well. I usually hold my coins on a wallet, because it's safer, than leaving them on a exchange, where you normally don't have control over your private keys. But because of the lack of replay protection on this fork, I just don't know what to do. I know exchanges and wallets are going to implement their own replay protection, so it should be ok to leave the coins on a exchange that does that. Right now it could even be safer to hold them there, if your wallet is not implementing their own replay protection.

I'm using Electrum right now, and I need to do some research, to see if they will do the same. If they don't take any measures, and since I don't really want to lose any of the coins (BTC to hold, and B2x to dump), I guess I wont be moving any of my coins around, until all the dust settles.

Yeah I had been moving my coins to electrum for the forks, though the Bitcoin Gold fork happened two days earlier than they said it was going to so I ended up not doing it soon enough for that fork. But then I was looking up how to get B2X coins from electrum and I couldn't find electrum saying they would do it and i found some long process on the internet for splitting your own coins and it just seemed like such a hassle when coinbase said they will do it for you within a day after the fork. So I'm just gonna store my coins there until they are safe to move. Then I'll sell B2X for more BTC and move BTC to electrum or cold storage.
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November 06, 2017, 04:07:04 PM
 #51

I am holding my bitcoin in yobit and bittrex. Last time when fork happened there were rumors save your bitcoin in offline wallet otherwise you may loose your btc but still I kept my btc in yobit that time and I got Bch. Even this time also I don't think any risk to loose my bitcoin. I trust both bittrex & yobit and will continue to keep in both.

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November 06, 2017, 05:21:15 PM
 #52

Bitcoin Silver hard fork is different Bitcoin Gold hard fork. We will not receive Bitcoin Silver free. Therefore, to ensure safety, I will put my bitcoin in an offline wallet.

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November 06, 2017, 06:10:49 PM
 #53

I consider Bitcoin SegWit2x hard fork as a well prepared air drop of "free money". Some of the NYA participants have already started to withdraw from it. About 80% of hashpower is signaling support for SegWit2x but it doesn't mean that they are going to follow this hard fork. I wouldn't be surprised if SegWit2x were worth 50% of BTC price.
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November 06, 2017, 07:17:01 PM
 #54

I consider Bitcoin SegWit2x hard fork as a well prepared air drop of "free money". Some of the NYA participants have already started to withdraw from it. About 80% of hashpower is signaling support for SegWit2x but it doesn't mean that they are going to follow this hard fork. I wouldn't be surprised if SegWit2x were worth 50% of BTC price.


If that ended up being true I'd be pumped, though if it were that high it would mean it stole a bunch of market share from bitcoin so that would not be good! I'm hoping to just sell B2X at 0.1 BTC, that way it won't have taken much from BTC market and I'd be very happy selling it for that much.

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November 06, 2017, 07:23:59 PM
 #55

I holding most in my ledger nano s.
I believe it is best to hold them in a wallet where you have control over the private key.
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November 06, 2017, 10:20:40 PM
 #56

As long as you don't need your coins at the time of the fork (or early after it) hardware wallets are fine. If you don't want to sell the forked coins immediately then offline storage is OK.
I'm still thinking about using an exchange, not because of I want to sell the forked coins but thinking about buying some alts because they're really cheap now compared to summer. This is only possible when you have your coins on an exchange. Just be sure to select an exchange that works under pressure too...
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November 07, 2017, 03:06:13 AM
 #57

I'll be storing mine in a wallet just to be safe. I used to store on exchanges but I feel it gets riskier and riskier everyday.

It does get risky. I have had that coinpw website take some of my coins when they shut down. I can't remember if they were called coinpw, I think that is what it was. Also MTGOX + BTC-E got hold of some of the coins I used to have there and I had to take a hit withdrawing the ETH I had there because the government seized a bunch of people's coins.

That can't happen if you have your own coins on your own wallet and own the private keys.
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November 07, 2017, 03:48:53 AM
 #58

I'll be storing mine in a wallet just to be safe. I used to store on exchanges but I feel it gets riskier and riskier everyday.

It does get risky. I have had that coinpw website take some of my coins when they shut down. I can't remember if they were called coinpw, I think that is what it was. Also MTGOX + BTC-E got hold of some of the coins I used to have there and I had to take a hit withdrawing the ETH I had there because the government seized a bunch of people's coins.

That can't happen if you have your own coins on your own wallet and own the private keys.

Every hardfork and even all the markets do not seem to panic and are very confident doing promotional split coins, so I assume they are safe to use, if you do not want to face the risk, then blockchain remains the best choice because no negative statements ever happened. They even plan to install bitcoingold wallet for users.
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November 08, 2017, 12:53:36 AM
 #59

I'll be storing mine in a wallet just to be safe. I used to store on exchanges but I feel it gets riskier and riskier everyday.

It does get risky. I have had that coinpw website take some of my coins when they shut down. I can't remember if they were called coinpw, I think that is what it was. Also MTGOX + BTC-E got hold of some of the coins I used to have there and I had to take a hit withdrawing the ETH I had there because the government seized a bunch of people's coins.

That can't happen if you have your own coins on your own wallet and own the private keys.

Every hardfork and even all the markets do not seem to panic and are very confident doing promotional split coins, so I assume they are safe to use, if you do not want to face the risk, then blockchain remains the best choice because no negative statements ever happened. They even plan to install bitcoingold wallet for users.

It is pretty easy to split the coins yourself though and you have no risk.

I have done it myself for my bitcoin split into bitcoin cash. I found a guide and read through it, watched a video and saw how it was done.

Having anything on an exchange you are risking losing your coins. Almost every exchange out there has lost funds due to government seizing coins or been hacked in some way. Take this from someone who had BTC-E coins lost due to govt taking them away and BTC-E gave us tokens to reimburse us. Those tokens right now are only worth 50% of what I actually had. MTGOX lost everything. Bitfinex was hacked awhile back and had to do the same thing BTC-E is doing with giving out tokens. Coinexpw is gone. Many others have had issues too.

https://bitcointalk.org/index.php?topic=265277.msg5769484#msg5769484
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November 08, 2017, 01:29:58 AM
 #60

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.
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November 09, 2017, 10:55:13 AM
 #61

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.

I think during forks bitcoins that are stored on a paper wallet will not be awarded with the new token.
You should put your bitcoins into a wallet that will support the new coin to make sure that you will have it during the fork.
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November 10, 2017, 12:57:32 AM
 #62

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.

I think during forks bitcoins that are stored on a paper wallet will not be awarded with the new token.
You should put your bitcoins into a wallet that will support the new coin to make sure that you will have it during the fork.
As long as you have access to your private keys it doesn't matter where you store your Bitcoin during forks. You will just have to use the private key in the respective wallet to pick up your coins.
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November 12, 2017, 07:57:25 PM
 #63

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.

I think during forks bitcoins that are stored on a paper wallet will not be awarded with the new token.
You should put your bitcoins into a wallet that will support the new coin to make sure that you will have it during the fork.
As long as you have access to your private keys it doesn't matter where you store your Bitcoin during forks. You will just have to use the private key in the respective wallet to pick up your coins.

It doesn't matter where we store them indeed since it's not on an exchange or an online wallet but then in a safe wallet where we can generate and hold our own private keys i think it's secured that way as long as we don't get reckless and give out those keys to the wrong hands.
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November 12, 2017, 08:02:47 PM
 #64

It doesn't really matter in what wallet you storing your bitcoins during fork. Even if the wallet doesn't support new fork you can import your private key in the another wallet that supports it in the future. I use electrum most of the time.



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November 12, 2017, 09:00:29 PM
 #65

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.

I think during forks bitcoins that are stored on a paper wallet will not be awarded with the new token.
You should put your bitcoins into a wallet that will support the new coin to make sure that you will have it during the fork.
As long as you have access to your private keys it doesn't matter where you store your Bitcoin during forks. You will just have to use the private key in the respective wallet to pick up your coins.

It doesn't matter where we store them indeed since it's not on an exchange or an online wallet but then in a safe wallet where we can generate and hold our own private keys i think it's secured that way as long as we don't get reckless and give out those keys to the wrong hands.
Don't ever give your keys to anyone, period.
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November 12, 2017, 09:16:15 PM
 #66

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.

I think during forks bitcoins that are stored on a paper wallet will not be awarded with the new token.
You should put your bitcoins into a wallet that will support the new coin to make sure that you will have it during the fork.

Yes to this.
I use Coinbase + two factor authenticator.
Their announcement about "24hrs" made the deal to me.
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November 12, 2017, 10:47:37 PM
 #67

My bitcoi s was always in secure paper wallets which I can see my private keys. If you are in doubt of what you should do to get you post-fork coins i reccomend for you to store at any wallet which you can control your private keys and withdraw then of all exchanges or hot wallets.

I think during forks bitcoins that are stored on a paper wallet will not be awarded with the new token.
You should put your bitcoins into a wallet that will support the new coin to make sure that you will have it during the fork.

Yes to this.
I use Coinbase + two factor authenticator.
Their announcement about "24hrs" made the deal to me.

Not bad but it could also be better if you got yourself a wallet with your own private keys and not 2 factor authentication, what if the exchange themselves get hacked? You'll still loose your coins any way and so i suggest you get yourself a secured wallet with your private keys.
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