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RE: BITCOIN Cash (BCH) Time to Correct in Cup & Handle Pattern? Target $1,600 NOT unlikely!!

in #bitcoin7 years ago

Most of my Bitcoin is still stored in paper wallets. Gotta get a Trezor and start extracting some forked dividends like BCH.

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That's a good problem to have!

whats a paper wallet? and how are you sure youll have the forked coins? didnt it have to be in an exchange? for you to get it?

Paper wallets are old school but quite secure;
https://en.bitcoin.it/wiki/Paper_wallet

No, your Bitcoin does not have to be in an exchange. It's all about the private key so, if anything, a paper wallet is better in a forking situation than an exchange. Ahead of the BCH for, Coinbase warned people to take their BTC off the exchange since they were not going to support BCH. I did so but forgot to do so with a small account I had at blockchain.info

Never did see any BCH turn up in my account there.

oh wow sorry to hear that :( thanks for sharing and explaining!