Quote from: lemonade09 on June 02, 2017, 09:10:05 PM

Quote from: sonicd0012 on May 31, 2017, 11:01:07 PM

Simple two questions, any advice as to whether to be concerned to either transfer the coins to a hard wallet from Coinbase prior to the Aug 1st or not really needed?
2nd, is this Aug 1st situation going to kill the value of Bitcoin?

I guess when your a miner you really need to use a hardware wallet to store your bitcoin came from mining but i guess for me it is more manageable if your going to put your bitcoin earnings in coinbase bitcoin wallet so your can really manage and check your bitcoin earning every time.

There is a possibility that you may lose your bitcoin if you keep it in a web wallet that you do not control the private keys. Before aug 1, you should transfer your bitcoin into a wallet that you control the private key.