Post
Topic
Board Bitcoin Discussion
Re: Do I need to worry about my bitcoin holding after August 1st?
by
BitcoinNewsMagazine
on 31/07/2017, 04:48:19 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?


If you are using a Trezor or Ledger Nano S move your bitcoin from Blockchain to your hardware wallet. Both those manufacturers have stated they will have a splitting tool so you can claim your BCC. But you need to move the bitcoin now before the hard fork. Keep up to date by browsing the Trezor and Ledger Wallet subs on reddit.