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Author Topic: 12/28 SegWit 2x - Move BTC to wallet?  (Read 390 times)
jerry0
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December 26, 2017, 09:20:31 PM
 #21

Hi folks, I was wondering if it is worth moving all my bitcoin from Gdax and Gemini into my Electrum wallet before the SegWit 2x fork on 12/28?

What are you trying to do? If you want to receive that coin, then the only thing that you need to do is just move all your bitcoins to Binance.

They will give you and distribute the segwitx2 coins to all those who are holding bitcoins at the moment of the fork, so you will instantly receive them all without any hassle.

Just avoid to put your private key in any other place that is not safe.




Has binance confirmed this?  Did they do this with bitcoin cash, gold, diamond?  What about unlimited and superbitcoin?  I heard binance is one of the most legit exchanges there are.  Because if they do this, shouldn't most people do this because they are one of the most trusted exchanges?
jvper
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December 26, 2017, 09:21:08 PM
 #22

What about transfering to blockchain.info? They provide you your private key, so any forked bitcoin could be retrievable, right?
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High fees = low BTC price


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December 26, 2017, 09:21:15 PM
 #23

I would load all the numbers in excel and calculate what I might get. But I wouldn't send more than 1/4 of the funds I have. And I think the 12/28 is a scam anyway, especially I liked the roadmap image displaying step 5 as implementing "Ethereum smart contracts". Grin

Ethereum smart contracts are just a way for ETH miners to make profit and are little more than bean counters
that charge gas down to the byte level for storing any data you like on a block-chain.

My guess is that it's just a placeholder in the map for Segwit hosting services that can be mass deployed to servers/miners
so they can perform some productive work instead of whats happening now where BTC miners rev up the engine without
putting the car in gear and call it PoW because they have no real productive work to do.

I have some ETH and can send small amounts in seconds without paying $25-$55 to miners and have done
lots of research instead of being a slot machine boy and did manage to find just the ICO i was looking for but
it had already sold out (Get a load of this) in 22 seconds so lets not fight over the left over bones that the
bankers throw us from time to time


Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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December 26, 2017, 09:22:39 PM
 #24

Hi folks, I was wondering if it is worth moving all my bitcoin from Gdax and Gemini into my Electrum wallet before the SegWit 2x fork on 12/28? I have read that this is the best way to get any new currency that will be added. I am just wondering how important this is since the network is already overwhelmed and the fees are high.
I am just hearing this for the first time. But not much publicity was made or has been made about this. I will advise that if you don't have seasonable bitcoin, don't bother to transfer because, the cost is exorbitant.

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Taki
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December 26, 2017, 09:23:34 PM
 #25

Hi folks, I was wondering if it is worth moving all my bitcoin from Gdax and Gemini into my Electrum wallet before the SegWit 2x fork on 12/28? I have read that this is the best way to get any new currency that will be added. I am just wondering how important this is since the network is already overwhelmed and the fees are high.

Which coin will be created at 28/12?
Bitcoin just get new features like Lighting network. there will be no fork (like Bitcoin cash). no new coin will born again
As I know it is going to be Bitcoin 2x, but I also don't know which wallets or exchangers will participate in this airdrop. All those coins that will separate from Bitcoin are going to worth something good if to compare with other airdrops, soon the case if Electrum will really give free coins you definitely need to participate.
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December 26, 2017, 09:30:41 PM
 #26

What about transfering to blockchain.info? They provide you your private key, so any forked bitcoin could be retrievable, right?

OK you risk sharing the key with them and this is just what I thought Coinbase was doing and Coinbase even give you
the public key to maintain the illusion but when you check the public address in the block-chain you then realize it's a
scam and the coins come from a pool account and for all we know they are fake.

I love the API's blockchain.info offers to developers so yes your plan sounds right to me and I think they can
be trusted unlike Coinbase who even scammed me out of the $10 joining fee, keep away from them, bad news

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
vincentong17
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December 26, 2017, 09:34:15 PM
 #27

Hi folks, I was wondering if it is worth moving all my bitcoin from Gdax and Gemini into my Electrum wallet before the SegWit 2x fork on 12/28? I have read that this is the best way to get any new currency that will be added. I am just wondering how important this is since the network is already overwhelmed and the fees are high.
is just a fork only.. might as well keep some bitcoin and get some of them if its available.. yes you are right bitcoin fees are high and has very slow in transaction. i think bitcoin will upgrade in Q1 of 2018 that will give bitcoin a huge pump.
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December 26, 2017, 09:47:26 PM
 #28

I am just hearing this for the first time. But not much publicity was made or has been made about this. I will advise that if you don't have seasonable bitcoin, don't bother to transfer because, the cost is exorbitant.

You sir are bang on the money.

I just brought about $250 in BTC and then moved it out of Coinbase account and into my Jaxx wallet
and this was a lot of effort but i had already done my sums and it turns out that i would get about
$15.00 worth of extra coins in B2X wallet at today's 15:1  BTC/B2X Ratio but had to pay greedy bastard
BTC miners $25 in transaction fees.

Now tell me sir do you think that I would do this if I didn't think that B2X was going to go up between
the 28th and the release data.

The public have not arrived yet but when they do and see BTC at $10,000 (I will be out by then) and
B2X at say $2,000 and then look at the transaction fees then can you guess which one they will be
buying into and thinking it's cheap if ETH or BCH does not turn them on



Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
NorrisK
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December 26, 2017, 09:58:32 PM
 #29

Snapshot was probably already taken anyway.

This is the part most people seem to be missing..

Snapshot was taken means it's useless to move your coins now. They had to be there at the time of the snapshot.
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December 26, 2017, 09:59:51 PM
 #30

is just a fork only.. might as well keep some bitcoin and get some of them if its available.. yes you are right bitcoin fees are high and has very slow in transaction. i think bitcoin will upgrade in Q1 of 2018 that will give bitcoin a huge pump.

No point upgrading any hardware of the 20,000 full nodes because we already have 100 X more horse power
than we need so we waste it with PoW and CPU war when mining so you must be talking about a software
upgrade which has already been planned and is called "Lightning Network" and is being tested but BTC had
been tested for six years and look at the mess we are in today.

Lightning is a move towards banking and uses channels and centralized hubs but it's really a means
to extend lines of credit, it's what banks do when not burning energy with the CPU war that has been created
as an Easter Egg in BTC

See https://www.youtube.com/watch?v=UYHFrf5ci_g if you want an education
instead of playing slot machines and hoping your luck last out for the next round

 

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
jerry0
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December 26, 2017, 10:03:02 PM
 #31

Does anyone know if bittrex would credit you the amount of btc you have on the wallet?  Also does that mean you should not move any btc from your wallet on that day?  They mention if you have btc on the fork you get it... but what if you send the btc from that wallet later on in the day?
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December 26, 2017, 10:11:47 PM
 #32

This is the part most people seem to be missing..

Snapshot was taken means it's useless to move your coins now. They had to be there at the time of the snapshot.

Nice try, work in mining do you by any chance.

Like past forks they have told us the block number when the snapshot will be taken but they
cannot give us the exact time on the 28th when this block will be mined.

You can look this fact up yourself

Don't worry i won't get out on the 29th and sell my BTC or even the first week in January
because my trust has been broken due to miners greed but lets just say the die is cast already  

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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December 26, 2017, 10:22:47 PM
 #33

Does anyone know if bittrex would credit you the amount of btc you have on the wallet?  Also does that mean you should not move any btc from your wallet on that day?  They mention if you have btc on the fork you get it... but what if you send the btc from that wallet later on in the day?

The block-chain allows the balance for each wallet to be calculated more or less for any given time or date
so you will still get your free B2X on the balance for the fork date/time even if you sold them all the next day.

My you are eager to get out but i would wait a few hours instead of rushing for the door or you might start
a stamped before i get out, only joking, no need to panic I don't think but who knows and if transactions fees
hit $100 then the event will be written in our history books and the public won't go near BTC with a barge poll
after that.


Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
ajmapalo22
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December 26, 2017, 10:24:05 PM
 #34

There are many sites who support hard forks and give free coins equivalent to our bitcoin savings but if you are planning transfer your bitcoin just to get the chance for coins you must think twice because the transaction fees are reallt so bad and there is a chance that the fee will be higher than thr token or coins you can received after the hard fork.
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December 27, 2017, 12:04:56 AM
 #35

There are many sites who support hard forks and give free coins equivalent to our bitcoin savings but if you are planning transfer your bitcoin just to get the chance for coins you must think twice because the transaction fees are reallt so bad and there is a chance that the fee will be higher than thr token or coins you can received after the hard fork.

Yes agree 100% but if that's the game the miners on BTC want to play then hanging around for fees to hit $100 or more
is like waiting for the mafia to lock you in at the casino so best head towards the door now.

The Segwit casino (it is all gambling you know) suddenly looks a lot safer and i tend to trust my gut feeling as much as
my well crafted computer like logic that comes from programming systems like they one I find myself playing in  Roll Eyes 

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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December 27, 2017, 03:48:00 PM
 #36

Do we have a known list of wallets and exchanges that are confirmed yet?
mmo4me.2016
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December 27, 2017, 04:34:38 PM
 #37

If the Exchange you are store BTC is not supported, you need to transfer the BTC to your wallet to be able to receive the Forks! I think this is also a reliable and easy to use way!
Seacching all info before you to do it!
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December 29, 2017, 01:08:22 AM
 #38

I was looking for an Electrum wallet that is hard forking B2X Segwit2X and i finally found a wallet for this: http://www.b2xwallet.org i see it is compatible with Electrum and its easy to use. Anyone else tried it?

Its just like electron that we used for bitcoin cash.
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December 29, 2017, 08:16:46 PM
 #39

What about transfering to blockchain.info? They provide you your private key, so any forked bitcoin could be retrievable, right?

OK you risk sharing the key with them and this is just what I thought Coinbase was doing and Coinbase even give you
the public key to maintain the illusion but when you check the public address in the block-chain you then realize it's a
scam and the coins come from a pool account and for all we know they are fake.

I love the API's blockchain.info offers to developers so yes your plan sounds right to me and I think they can
be trusted unlike Coinbase who even scammed me out of the $10 joining fee, keep away from them, bad news

Coinbase also shares information of our bitcoin transfers with IRS, and IRS with other national governments. Keep away from them (x2).

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