| submitted by /u/imeanyouknowitslike
I recently downloaded the software and I have been very impressed so far. It is quite easy to install and setup.
Now that localbitcoins.com requires ID, this is the easiest way to buy bitcoin anonymously. It's also much less scammy.
Decentralized exchanges are the only way to prevent governments shutdowns and interference. Think BitTorrent for buying and selling Bitcoin.
I highly recommend trying out a small order so that you are familiar with how things work. The volume is quite low at the moment so this would help the network grow.
I am not affiliated with bisq in any way. Just trying to spread awareness that it's out there and that it works great.
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Before anyone rants about not keeping coins on exchanges during this time, I do understand that's the safest, and clearest answer to all of this. However, that doesn't give Coinbase, or any exchange, an excuse for not giving a very clear answer to this after plenty of time to evaluate this particular split.
Coinbase in particular offers a vault service with the purpose of holding Bitcoin longterm, so for those specific customers, it's not really sufficient to say to just remove your Bitcoin ahead of the potential split. Is that going to be the stance for every potential split? What would the purpose of the vault service be then?
Coinbase seems to have last posted about hard forks in general at this link. They recommend withdrawing from their platform, however the way it's worded is that it's only necessary if you are wanting to access your Bitcoin during the uncertainty period. https://blog.coinbase.com/update-for-customers-with-bitcoin-stored-on-coinbase-904dea08ac5f
I end with a question to the community here: The Coinbase multi sig vault says you retain your private keys. Are those keys able to be imported into both potential chains like hard wallets or paper wallets? If so, then Coinbase should mention that as a solution for their customers. Or they should clarify that they are not actually private keys. https://www.coinbase.com/multisig?locale=en-US
Martin Tillier, a financial advisor who writes for Nasdaq, says the recent DAO hack shows there is a vulnerability in Ethereum and that while some might have thought it would reflect negatively on bitcoin, bitcoin’s price activity demonstrates the reverse. While bitcoin does not offer the development capabilities of Ethereum, it has demonstrated better reliability. […]