Not so Simple! Sounds like Y2K all over again. Move your coins, Hide your coins, milk and bread, stock up on supplies!
This from Coinbase today, not sure if they are just trying to make everyone happy (users, core dev's-UASFers and Chinese bitmainers-UAHFers) but if there are 2 Bitcoins coins on August first the entire CryptoVerse will have much bigger issues than what's in Coinbase...
July 19 High noon
Dear Coinbase Customer,
The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.
The User Activated Soft Fork (UASF) is a proposal to adopt Segregated Witness on the Bitcoin blockchain and could result in network instability. It is scheduled to activate at the same time as the UAHF.
To ensure the safety of customers' funds, we will temporarily suspend bitcoin deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork.
If you currently have bitcoin in your Coinbase account, and do not wish to have access to UAHF coins or have immediate access to your bitcoin, you are not required to take any action.
If you wish to have access to UAHF coins or you wish to have immediate access to your bitcoin, you should send your bitcoin from Coinbase to your external address by July 31.
For more information on how to send bitcoin from your Coinbase account, please refer to this article: https://support.coinbase.com/customer/portal/articles/971437.
Thank you,
Coinbase Team
Check out our Status Page and Twitter for the latest updates from
The message in the box looks like it may have been added after the original email was composed.. Have fun throw a fork party or just throw forks!