Post
Topic
Board Trading Discussion
Re: Confused about upcoming Bitcoin fork
by
arseaboy
on 09/10/2017, 05:58:51 UTC
To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins?

ONLY IF the exchange you are keeping your coins in promises to support the fork and also promises to credit your new coins to you after the fork if you keep coins there. not all exchanges do this so make sure you check it out.
for example i remember asking c-cex about BCH and they said they will not support it so i made a withdrawal.

Quote
Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

nothing special really. BCH forked from bitcoin and created an altcoin. some people got their BCH tokens out and enjoyed the free money, some others are still holding it because they have hope and some never bothered to claim it.

the "particular wallet" you need to keep your coins to get any futuristic fork new coins will ALWAYS be a wallet that you are the only one who has access to the private keys.
its needed to make sure that the exchange will support the chain, bch before was been supported by most big exchange so everyone that hold btc from
the exchange enjoy the free money, I'm still reading things about this new coins and waiting for exchange to make their stand making sure that if free
btc gold will be distributed I can have mine.