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RE: Bitcoin vs Bitcoin: The Civil War Starts August 1st

in #cryptocurrency • 7 years ago

Thanks for posting! Sounds like really good advice to get everything off the exchanges before August 1.
Question: How would you know if your BTC is stored in a non-segwit fork? Are you saying that it is possible, even if you store BTC offline (in paper wallet or thumb drive), in the event of a UASF (BIP 148 ), the BTC is stored in the blockchain in a non-segwit fork could disappear?

7 years ago in #cryptocurrency by
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     7 years ago (edited)

    Great question! If the split does occur and both chains survive you will have the same balance on each chain. That is why when this happens to other coins the price is split in half almost instantly also.