Arrives on August 1 What do I do with my bitcoin?

in #steem7 years ago

Arrives on August 1 What do I do with my bitcoin?

1august.jpg

Hello friends! If as you are going crazy with the topic on what to do with your bitcoins before August 1, I will tell you what I will do personally.

I imagine that you will know that on August 1 may have (or not) a HardFork and Bitcoin can be divided as it did ethereum in its day in 2 different currencies (or even more).

What do we do?

(if I explain something wrong correct in the comments)

  • if they do not have their bitcoin in a portfolio of which they have control of the keys or a wallet to ensure that if there is hardfork will give you support in both scenarios what will happen is that they stay with their bitcoins as they are now.

  • In return if you have your Bitcoin in a wallet with control of the keys or that support if there is a Hardfork will have 1 bitcoin "new" for every Bitcoin "old", if this happens on my part I prefer to have both and here are the problems for those who like me are not experts and what we want is a quick and simple solution.

As I have seen that solution gives us Bittrex that says the following:

bittrex-logo-transparent.png

If you have a Bitcoin (BTC) balance on Bittrex during the BCC UAHF time on August 1st, 5:20am (12:20pm UTC), you will be credited the equivalent amount of Bitcoin Cash (BCC) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BCC.

info:
https://support.bittrex.com/hc/en-us/articles/115000808991-Statement-on-Bitcoin-Cash-BCC-

So if we deposit our money in Bittrex we don't have to do anything, they give us support and if there is Hardfork we will "give" the new currency created, just what I wanted!

I hope it helps and if you have any advice or if you want to contribute something please comment! :)


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Don't have Bittrex :/

You have two days to make an account! : P