Steemians. What are you planning to do with the BTC with this fork happening in less than 2 days? This may not be the first so be ready for BTC to fluctuate.
Bitcoin cash has caused a lot of mess recently. There are a lot of worries, excitement & confusion with the fork that will happen very soon.
The best solution I have heard so far is to convert BTC into USD/USDT to make sure it is safe and to avoid any problems. I think I will take this step.
Many are putting it into altcoins right now to secure their investment.
There are a lot of red flags with the new Bitcoin cash coin.
What are your predictions on the fork?
Patiently waiting for the fork to happen. Watching from the sidelines.
I took my bitcoin out of exchanges and am keeping my btc in a wallet. With segwit a foregone conclusion, btc will rise. I'm not worried about a little bit of sideways action for a few days or weeks.
I think I am going to hold on to my bitcoin cash just to see what is going to happen with it, then I am going to sell them after a bit, so I can buy more bitcoin.
Holding on to private keys and out of exchanges seems the best in my opinion. The situation will probably stabilise quicker than expected. After all, this is a free market. Not a nannycrat institution.
If a fork happens, I'm gonna dump my btcc and get bitcoin. Then I'm going to buy alts with all my bitcoin. There are a lot of crypto projects I believe in that are relatively undervalued.
nice post
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Thanks.
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I took my bitcoin out of exchanges and am keeping my btc in a wallet. With segwit a foregone conclusion, btc will rise. I'm not worried about a little bit of sideways action for a few days or weeks.
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Good choice, many are doing that to be on the safe side.
Which wallet are you planning to keep it on?
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I am using my Exodus wallet.
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I think I am going to hold on to my bitcoin cash just to see what is going to happen with it, then I am going to sell them after a bit, so I can buy more bitcoin.
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Hoping that you do get BCC. How are you planning to get it?
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I put my bitcoin on kraken because they say they will split it for us. and I never had a problem with them I trust them
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Holding on to private keys and out of exchanges seems the best in my opinion. The situation will probably stabilise quicker than expected. After all, this is a free market. Not a nannycrat institution.
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Very true.
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If a fork happens, I'm gonna dump my btcc and get bitcoin. Then I'm going to buy alts with all my bitcoin. There are a lot of crypto projects I believe in that are relatively undervalued.
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I agree too. I am trying to raise funds for those and I don't have much time.
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