Everything you need to know about the Bitcoin 'Forks' in 3 sentences!

in segwit •  8 years ago 

User Activated Segregated Witness is to happen on August 1st. What can we as users/traders and owners of Bitcoin do?


Miners may hard fork after 12 hours of Segwit and Investors will own two coins if hard fork happens.

Long term Investors are advised to move their bitcoins from exchanges to personal wallets like hardware wallets or paper wallets. As long as it is not on any of the exchanges, it is safer!

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No matter what wallet you choose, make sure to that you own your private keys. Many people lost coins when Ethereum forked last year.
I've thrown my 2 cents on this if you're interested

That's a great post there man!