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Author Topic: Where are you all holding your Bitcoin for the fork?  (Read 1262 times)
AntonioE
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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.
erickastella
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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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Nawaytes
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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.
erickkyut
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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.
Baofeng
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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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Prodigan786
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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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