Thanks for spreading this awareness as there are many bad actors involved in such political stunts in crypto space. BGold should be fine as they are planning to have Replay protection by modifying the transaction data structure. But we need to be careful about 2x coins because they might not have Replay protection to hamper Bitcoin's image and trying to replace them with the Bitcoin.
We need to be cautious but I think best thing we could do is the following:
- Your Bitcoins should be offline and you should have the private key.
- Do not touch your private key until the 2x wallet is released.
- Only when 2x wallet is released, immediately transfer a very small amount (negligible amount) of your original Bitcoins (BTC) to a new address. Assuming delays it may take time. Wait.
- Keep watching 2x coins on 2x chain through the explorer which would be available by then.
- Once you are sure you have the full balance on 2x chain, move all funds to new 2x address from the old address. This should be quick assuming lesser transaction than original Bitcoin.
- Now immediately move your original Bitcoin balance to the new address where you moved the partial Bitcoins as per step 3.
- Assuming BGold has replay protection we may either leave the BGold balance in the same address or move it to new address as per our wish.
These steps are my suggestions from the limited knowledge I have. Though do your own due diligence to make sure you are safely protecting your investments. Cheers!!!
@themystic thank you for this amazing input... I completely agree with your suggestions, also adding it to my post by mentioning your name as well as up-voting this comment... Also following you...
Thanks mate. Just doing my little to spread the awareness.
It's really a shame seeing such politics by few bad actors in this space trying to demean the original Bitcoin. Even BCash team is supporting 2x though it has no replay protection. I used to follow Roger Ver but after seeing his bad intentions I have started educating myself by following people like Andreas Antonopoulos and Charlie Lee. After SEGWIT these guys were upset as they did centralize the whole mining operations. Craig Wright, Roger Ver, Ayers are millionaires with shady past. We have to be careful else these greedy people would fool us with our hard earned investment.
Invest wisely, keep the space healthy and aware by always lending a helping hand. Cheers...