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RE: Coinbase's Position On Bitcoin Hardfork
Makes sense. Everything could get unstable or confusing for a minute, so the exchanges want to wait and see what happens for a day or so.
Closing transactions randomly and without warning is bad, but in this case doing it with plenty of advance warning seems reasonable to me.
It certainly makes sense from provider's point of view. They keep their service operational and stability.
On the other hand, commenters are stating that Coinbase is keeping their BCC. There are also reports that bitcoin withdrawals are not carried out.
Coinbase has stated that they are gonna keep their BCC, yeah. And they'll be closed for BTC on August 1st.