This article is about what they didn’t tell you or at least didn’t emphasize enough @ first!
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Someone ones told you about bitcoin.
- Great!
They used the word “disrupt”.
-I like!
They showed you how to install a wallet on your phone and how to get some.
- Not so difficult at all!
They told you about the price boom.
- Interesting!
You what's some youtube, maybe even have an account on a forum en kept up with the shitload of information
coming to you about blockchain, splits, bip's, ico's.. you no what i mean.. if you kept up the last year or so ;)
It's everywhere, even main stream media covers the story of the split @ first!
Overall they lost the interest, butt then then the block size debate began!
If you don’t control your keys during a chain split three main things may happen:
- Your bitcoin balance will stay the same and you will be able to use that bitcoin token as usual.
- Your bitcoin balance will be zero over night since your wallet chose the wrong chain
- Your wallet provider will offer you a chance to keep your token balance on both chains or to choose one of them.
Option 1 and 3 sounds nice.
You think that's what you want right, 1 or better option 3.
But how!
Where do They Stand?
A list of exchanges accepting the new ‘Bitcoin Cash’ token & offer coin-splitting, and which will outright reject it.
- bestbitcoinexchange.io/segwit-bitcoincash-hardfork/
Choose wisely
For more info: http://www.investopedia.com/terms/h/hard-fork.asp
*not responsible for wins and losses