Post
Topic
Board Bitcoin Discussion
Re: Do I need to worry about my bitcoin holding after August 1st?
by
ReLieD
on 28/07/2017, 17:49:53 UTC
Hi All,

I mostly use my hardware wallet to save most of my bitcoins where I have access to my private key.

However, I also keep a good amount of bitcoin in my online BlockChain wallet for quick trading transfers.

my question is, do I need to worry about my bitcoins I hold in my online wallet? Will it be safe? What can be the consequence of of August 1st network split on my bitcoins?

Can anyone please give me an answer?


I don't know exactly about the security of you Bitcoins since as I have heard keeping your Bitcoins in an online wallets is never recommended. It's much better if you keep them in some offline wallet like electrum or mycelium. Since blockchain.info will have a lot of load after 1st august and also it has many bugs in that wallet.
So I would recommend you to switch to an offline wallets