Post
Topic
Board Bitcoin Discussion
Re: Afraid of August One?
by
chocolah29
on 05/07/2017, 06:34:43 UTC
We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
This is very simple thing , you should think that lot of amount of the Bitcoin are hold by the owner of the Bitcoin , so what will happ if the network of the blockchain will face problem , I mean we don't need to worry much about this , and instead of this some preacuation should be taken by us .
1) Before 1 August transfer your all Bitcoin at the blockchain wallet .
2) If you have Bitcoin then transfer only Bitcoin to your address of blockchain also  .
3) don't make transaction like things from any of the Bitcoin wallet .
4) Make backup of your wallet of the blockchain before the 1 August  .
If you will do these things , then I don't think that you need to worry anything ways , because you are in official ways and platform and nothing is problem in the official wallets Wink

Thank you for the advice. I will do as you suggest. I hope everything is fine for me.

yes these are all precautions in the upcoming hard fork like its better to be safe than sorry.
its better to do these even if the activation will be succesful or not. stop spreading some fud about the splitting of coin as it brings some confusions to the community.