Post
Topic
Board Bitcoin Discussion
Re: So everyone tells you to take your Bitcoins off the exchange before the fork!!
by
dashingriddler
on 03/08/2017, 23:48:43 UTC
Given Poloniex was down for much of yesterday I was very glad I had moved my BTC out to a private wallet.

Of course, now it's up today I naturally wonder if I was worried about nothing. But I'd rather worry too much than lose my BTC.

Some excanges announced about support of Bitcoin Cash very late, when lot of people were already cashed out their bitcoins from exchange. I'm not exeption in this case. I left only $10-20 on several exchange in btc. When bch was credit, I was able to sell it at high price.
Do I regret that I didn't had all my btc on exchange? Definitely no! Because safety of bitcoins for me is in the first place, more important than to get free bch airdrop and risk to keep all btc on exchange.
This is the very reason why some people decided to move them off those exchanges because they were aware they wouldn't fulfill their agreement they have with all users who hold their bitcoin on their exchanges.
It is a sad situation to be in, to say the least.

But I did like this post from another who saw it was a good idea to offer a clean way to get those BCH/BCC if you did happen to get them off those exchanges and have control over your own private keys.

Hi.

Everyone has got their Bitcoin Cash airdrop and now they are starting to think about the GBYTE airdrop that is coming in a few days.
Ok, it isn't quite as big a drop as the BCH one, but I personally like the extra GBYTE drops more, they are certainly less controversial!

I wonder how many people will forget to re-link after splitting their coins. At the moment mine aren't linked, I need to do that later so I don't forget.

I think that a lot of Bitcoiner are waiting for a safe and simple solution to split their BTC/BCH (without to withdraw their BTC first) : then, BTC address don't change and they have not to re-link they BTC.

It is safe and simple to register your new bitcoin address with byteball client. I did that yesterday while moving my btc from one Electrum wallet to another in order to prepare it for Bitcoin Cash.

It is all working flawlessly.

Read about the procedure here:
https://steemit.com/bitcoin/@ervin-lemark/preparing-my-local-electrum-wallet-for-bitcoin-cash
https://steemit.com/bitcoin/@ervin-lemark/electron-cash-wallet-synchronised-and-i-have-all-my-bitcoin-cash-bcc-in-it
https://steemit.com/bitcoin/@ervin-lemark/where-to-sell-your-bitcoin-cash-if-you-really-want-to-sell

Good luck!