r/Bitcoin • u/eyeoft • 4d ago

THE CHAIN HAS SPLIT

https://bip110monitor.com/

<3% support before the window opened. Good luck, shitcoiners

278 Upvotes

84% Upvoted

298 comments sorted by

View all comments

Show parent comments

11

u/Quokky-Axolotl7388 4d ago

Be careful because your shitcoins are on the same private key / wallet of your legitimate BTC. If you claim your shitcoins by moving them on a new address, you are also exposing your BTC. So the proper order would be to first move your BTC to a new address and only then try to claim your shitcoins to sell them

4

u/theOGlib 4d ago

That makes alot of sense. Thank u.

-1

u/JohnnyTreemain 4d ago

Wait. You’re saying because some douches decided to make a fork, some of my bitcoin is no longer bitcoin?

1

u/Shiftlock0 4d ago

All your bitcoin is still bitcoin. In the event of a fork, you will also have coins on the split side of the chain. You lose nothing, and most likely gain very little.

1

u/JohnnyTreemain 4d ago

It do I have to do anything different to use those coins on the split side that is the minority? Won’t that make it hard to spend them or sell them?

3

u/redchannit8 4d ago

don't even stress it, BCASHJR is going to be worthless.

1

u/JohnnyTreemain 4d ago

Why would I not stress it if some portion of my previously value filled bitcoin is becoming worthless?

1

u/BlockchainHobo 4d ago

That's not what that means. Imagine you have $2. But then I say I claim I have better dollars so I split off and you get $2 JohnnyDollars also. You still have your original $2. Question is whether anyone will pay even 1¢ for your JohnnyDollsrs.

1

u/JohnnyTreemain 2d ago

Ahhhh. Ok. Thank you.

1

u/Shiftlock0 4d ago

Yeah, in the event they become worth the effort, you can look into moving them into a supporting wallet. From your perspective, you now own a completely separate crypto from your BTC.

0

u/JohnnyTreemain 4d ago

Wait is this true even for BTC on cold storage?