The Bitcoin Thread

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Response from Ledger RE holding coins in hardware wallet at time of Bitcoin Gold fork:

I'd rather trust a hardware wallet than an exchange like Altcointrader

Because.....?
Exchange worked nicely for me last time - Bittrex.
 
Yeah it works, until it doesn't. It's not the most secure thing to do. Always control your own private keys

I get that though short term I don't anticipate any issues personally. If you have nice big chunk of $$$ then sure.
 
I feel like this is going to turn ugly with the lack of replay protection - will probably take some time to settle

There are 2 possible hard forks. Bitcoin Gold will have replay protection. The 2X hard fork (if it happens) will not have replay protection.
 
There are 2 possible hard forks. Bitcoin Gold will have replay protection. The 2X hard fork (if it happens) will not have replay protection.

I believe 2X now has some form of replay protection, but it requires core transactions to append extra data to their hash, which ultimately bloats transactions i.e. it’s a malicious implementation because there are so many better ways to resolve this.
 
I have an account with the local Altcointrader exchange.

Received an email where they state that holders of Bitcoin will receive "free" Bitcoin Gold.

Quoted email
"Dear Trader

As you may know, Altcoin Trader was the only Exchange in South Africa to issue their clients Bitcoin Cash in a timeous manner and thus enabled our customers to gain wealth in the process. We are now presented with another fork called Bitcoin Gold.

Bitcoin Gold will be issued to all Altcoin Trader clients who are holding Bitcoin at the time of the fork estimated 25th October 2017.The ratio will be 1:1 as it was with Bitcoin Cash.

There is no indication at this moment that Ledger or Trezor will make Bitcoin Gold available so now is the time to start moving coins to Altcoin Trader.

Altcoin Trader will also be launching Bitcoin Gold trading on our platform, so clients wishing to trade or sell their Bitcoin Gold will be able to do so. We will provide more details as and when events unfold.


Regards
Altcoin Trader Support "
 
There is no indication at this moment that Ledger or Trezor will make Bitcoin Gold available so now is the time to start moving coins to Altcoin Trader.

Doesn't matter if the Ledger or Trezor themself don't support it, by owning the private keys you'll still have access to every and any coin that forks from BTC.

What a BS statement to try and get more volume on their site
 
Would like to hear from Luno about the Bitcoin Gold fork...

It's still a bit early to make a definitive call on this.
Please keep an eye on our blog for updates.

Our blog is live about how we handle forks in general, including the upcoming S2X.
You can read it here https://www.luno.com/blog/en/post/luno-bitcoin-forks

Fork policy

If a new fork is announced, we will observe its market adoption and provide a level of support accordingly.

For example, in the case of Bitcoin Cash (BCH), there was significant interest from the community. It was listed on multiple reputable exchanges, and the price traded above 0.1 BTC for months. We, therefore, provided the ability to withdraw or sell BCH.

However, if there is a fork that isn’t embraced by a significant subset of the community, and is not listed by reputable exchanges, we won’t provide support for it. Our goal is always to ensure that customers don’t lose value associated with their funds.
 
Interesting but I don't see the incentive to perform a replay attack. So someone can replay your transaction on the other chain... then what? What do they gain?

What about causing panic in the btc markets, leading to a sell-off and opportunity to buy btc on the cheap
 
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