Hello all,
I am owning some bitcoins and other alt coins since a while and I have been reading a lot over here in stealth modus, really helpful.
Now there is a fork coming up and I am confused;
As far as I can see a fork is like a share split of a company. Like Pfizer dId with zoetis in the US. The owners of shares in Pfizer also get shares in zoetis for free, right?
Now let's say I have my bitcoin stored at coinbase. Do I automatically get the fork shares? Does coinbase support it? Or do I have to put them in a different wallet?
Do I have to claim them?
That is unclear to me. Maybe somebody can help me and probably some others out on this subject?
Yes, there are actually 2 forks happening within the next month. Bitcoin Gold (BTG) should happen sometime next week and Bitcoin Segwit2x (B2X) should happen around mid-November.
All you have to do is make sure that you have your bitcoins in a wallet where you have access to your private keys at the time of those 2 forks,
with a warning.
The warning is that you should be careful about moving your coins around the time of the fork, as they could lead to the other coins (BTG & B2X) being moved as well (you can imagine the coins as initially being "stuck together").
You should wait for news and announcements by the devs, stating that the chains are all stable, before moving your coins.