+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Crypto Currency (https://hackforums.net/forumdisplay.php?fid=380)
+--- Thread: August 1st Mega Help Desk (/showthread.php?tid=5680261)
* - SIM-2470866 - Jul 30, 2017
I'm using Paxful to store my BTC, is it okay to keep em on it or should I move out? also which wallet do you suggest or use personally?
* - FiftyTwo - Jul 30, 2017
Sorry if already answered, but does Blockchain wallet give control over private keys?
* - Kill Joy - Jul 30, 2017
(Jul 30, 2017 04:19 PM)NakedTurtle Wrote: I'm using Paxful to store my BTC, is it okay to keep em on it or should I move out? also which wallet do you suggest or use personally?
I suggest using Electrum.
(Jul 30, 2017 04:20 PM)FiftyTwo Wrote: Sorry if already answered, but does Blockchain wallet give control over private keys?
Make sure you have your backup phrase. Scroll down to Child Pays For Parent Blockchain Tutorial here: https://hackforums.net/showthread.php?tid=5625650
* - FiftyTwo - Jul 30, 2017
(Jul 30, 2017 04:23 PM)Kill Joy Wrote: I suggest using Electrum.
Make sure you have your backup phrase. Scroll down to Child Pays For Parent Blockchain Tutorial here: https://hackforums.net/showthread.php?tid=5625650
Yeah, uh, what if I lost that backup phrase?
* - Kill Joy - Jul 30, 2017
(Jul 30, 2017 04:24 PM)FiftyTwo Wrote: Yeah, uh, what if I lost that backup phrase?
You didn't. You can still get it. Follow the tutorial.
* - Ratt - Jul 30, 2017
Thanks for helping me via PM 🤝
* - FiftyTwo - Jul 30, 2017
(Jul 30, 2017 04:26 PM)Kill Joy Wrote: You didn't. You can still get it. Follow the tutorial.
Yes, I realised straight after posting that.
Gonna PM you tomorrow for some extra help on this if that's alright.
* - Kill Joy - Jul 30, 2017
(Jul 30, 2017 04:27 PM)Ratt Wrote: Thanks for helping me via PM 🤝
No problem brother. Anyone is free to PM me for help.
* - SIM-2470866 - Jul 30, 2017
Thanks man, just transferred all my funds to Electrum.
* - DuguWudi - Jul 30, 2017
should I transfer my coinbase balance to cex.io now since cex.io support bcc split but not coinbase?
* - Kill Joy - Jul 30, 2017
(Jul 30, 2017 10:33 PM)DuguWudi Wrote: should I transfer my coinbase balance to cex.io now since cex.io support bcc split but not coinbase?
I doubt BCC will become big. Do as you please though. Coinbase is suspending withdrawals at 10AM PT July 31st. Get them out before then if you want to.
* - Neal Caffrey - Jul 30, 2017
(Jul 30, 2017 10:48 PM)Kill Joy Wrote: I doubt BCC will become big. Do as you please though. Coinbase is suspending withdrawals at 10AM PT July 31st. Get them out before then if you want to.
Doesn't it make sense to take it out simply because the loss you receive from not getting BCC should be offset by the price decrease in BTC?
So if you don't withdraw, your BTC holdings will go down, but you won't receive BCC to compensate?
* - Kill Joy - Jul 30, 2017
(Jul 30, 2017 10:50 PM)Neal Caffrey Wrote: Doesn't it make sense to take it out simply because the loss you receive from not getting BCC should be offset by the price decrease in BTC?
So if you don't withdraw, your BTC holdings will go down, but you won't receive BCC to compensate?
What makes you say BTC is going to decrease in price? What will make BCC a profitable option when there is 100% support for the UASF? I don't want this thread to turn into price speculation.
* - Aqua_fina - Jul 30, 2017
(Jul 30, 2017 10:50 PM)Neal Caffrey Wrote: So if you don't withdraw, your BTC holdings will go down, but you won't receive BCC to compensate?
Correct.
Why would anyone reject free money? If you have BTC, might as well get free BCC with it. Who cares if BCC will be mainstream or not. It will still have value & it is still free money.
* - Kill Joy - Jul 30, 2017
(Jul 30, 2017 10:55 PM)AlexJohn83 Wrote: Correct.
Why would anyone reject free money? If you have BTC, might as well get free BCC with it. Who cares if BCC will be mainstream or not. It will still have value & it is still free money.
What price will the BCC be at though? $0.10, $100, $1000?