The Bitcoin Thread

[Thor]

Will do bitcoin more harm in the future.

 

[Purply]

Will do bitcoin more harm in the future.

That is the aim is it not?

On the other hand, competition creates opportunity.

 

[Thor]

Hodl

 

[PAYBACK]

Bit worried about having my coin on LUNO now Anyone using exodus wallet?

 

[etienne_marais]

Bit worried about having my coin on LUNO now Anyone using exodus wallet?

I just installed it. I also use Jaxx but too risky to store in for long periods of time.

 

[PAYBACK]

Have my ETH in Jaxx. You suggest moving all coin to Exodus?

 

[Ockie]

Bit worried about having my coin on LUNO now Anyone using exodus wallet?

I am. Works well and easy to use, even on Linux.

 

[Tabac]

Those that use Mycelium - happy with it ?

 

[etienne_marais]

Bought a small amount of BCC (Bitcoin Cash) in case of the now probable fork on 1 August.

 

[Heisenborg]

Is Luno not safe at the moment?

 

[etienne_marais]

Is Luno not safe at the moment?

I think it is. To play safe transfer bitcoin from Luno on Sunday to wherever you have ownership of private/public keys. I am going to use either Jaxx or Exodus.

 

[Tabac]

Bought a small amount of BCC (Bitcoin Cash) in case of the now probable fork on 1 August.

I thought the fork was avoided ? What's the NEW news ?

 

[Hempiz]

I think it is. To play safe transfer bitcoin from Luno on Sunday to wherever you have ownership of private/public keys. I am going to use either Jaxx or Exodus.

I think doing a transfer in the last 48 hrs before Aug1 might be a higher risk than just leaving it in Luno. A delay may just leave your coins in no mans land.

 

[Thor]

I thought the fork was avoided ? What's the NEW news ?

People decided they are not happy with bitcoin so started a new one.

 

[etienne_marais]

I thought the fork was avoided ? What's the NEW news ?

ViaBTC has announced Bitcoin Cash (BCC) yesterday which is a fork of Bitcoin with 8MB blocks to be activated 1 August regardless of BIP91. On their exchange BCC futures have reached $500 in price yesterday. The only thing that can stop that is if they withdraw themselves which is unlikely. Having said that, if people are not interested in mining BCC then it will fail.

 

[Tabac]

For other noobs like me: Mycelium how to:

https://satoshicounter.com/2015/07/09/mycelium/

 

[KingBel]

Let's see if Luno releases a statement within this week to explain how they will be handling the fork. Wasn't there a Luno rep on the forum?

 

[Tabac]

Let's see if Luno releases a statement within this week to explain how they will be handling the fork. Wasn't there a Luno rep on the forum?

Yip - But he/she is quiet ....

 

[etienne_marais]

Let's see if Luno releases a statement within this week to explain how they will be handling the fork. Wasn't there a Luno rep on the forum?

I remember something to the effect of 12 hours before segwit activation all trading will be suspended. Don't know about receiving/sending or buying/selling without using the exchange section of Luno.

 

[KingBel]

I remember something to the effect of 12 hours before segwit activation all trading will be suspended. Don't know about receiving/sending or buying/selling without using the exchange section of Luno.

Yep. Saw that.. but they haven't said anything about the handling of the Bitcoin Cash, or whether we would be entitled to our allocation given that they control the keys.

Other exchanges (like Trezor) have released statements:
"In case of a chain-split, nothing will happen to bitcoins protected with a TREZOR, if you do not send coins during the period of uncertainty. If the network will split permanently, you will end up with two (or more) types of bitcoin in your TREZOR wallet."