Post
Topic
Board Bitcoin Discussion
Re: Do I need to worry about my bitcoin holding after August 1st?
by
tulikak
on 31/07/2017, 11:45:00 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?



Firstly you must ensure that the wallet your bitcoins are in will support BCC or not and its take on the recent developments in BTC. What i can infer from my knowledge is that your BTCs will either be converted into BCCs or might get nullified if the exchange is planning to derecognise BTCs i.e. it has its alignment with BCC.