If a fork occurs, what will happen to: My Bitcoins

in bitcoin •  7 years ago 

If a fork occurs, this is what will happen to "Your Bitcoins"

Depending on where you hold your Bitcoins one out of three things can happen:

All of your Bitcoins will become BTC only
All of your Bitcoin will become BTU only
You will have doubled your coins and get an equal amount of BTC and BTU
The reason I can’t say for sure what will happen to your specific coins is because it depends on which wallet you hold them on. If you don’t hold the private keys to your wallet and allow some other wallet to hold your keys for you – you are basically letting them choose what will happen with your coins.!

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