Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Ok, shit is getting serious. And I have to prepare for the next real run. Want to cash out 50% @$50k. My Bitcoins are on a paper wallet. And I yet did not redeemed my Bcash and other forks. I need advice what wallet is recommended these days for Bitcoin, Bcash, BSV, BGold and all the other forks I get after redeem my Bitcoins.

You do realise that you ABSOLUTELY MUST move your bitcoins to another wallet before you claim the forks, right?

Im sure you do but please do not try & claim BCH when your bitcoins are still in said address.

Regarding claiming -

BCH - Electrum Cash
BTG - I think I used Coinimi

Edit - Just import your private keys into the above wallets, simple.

BSV, I didnt have any as I spent all my BCH.
There are a load of other shit forks you can claim on Coinimi too.

Quote from: mindrust on June 22, 2019, 09:07:53 AM

Import your priv keys into electrum and always move your coins to a different private key before you claim anything.

I believe bcash has its own electrum version. You can try it.

No idea about BSV and bGold. Did bgold long time ago.

+1 Merit to mindrust & LFC for trustworthy, good advice to Underdog.
Somebody help me out, I have 0 sendables.

Thanks!

But you sure its a good idea to leave this stuff on your laptop? I use a Macbook Pro. What if it gets broken, got stolen or something else?
I thought you guys would recommend me Ledger or so.

You can always extract your private keys from electrum, write them down (paper wallet style), delete your wallet files/format your PC.

I use electrum just like this.

No HW wallet here.

For cold storaging big amounts there's something terribly wrong about putting your money in a seed which can spawn your current and all future ever bitcoin addresses. Key derivation is a thing. Good ol wallet.dat dodges that, however you have the annoyance of having to store it, losing it, forgetting passwords... but that is a thing everywhere else.

IMO Electrum is just for temporal stuff, not perma cold storage.

You can generate your Keys from Bitcoin Core wallet. You can't get more secure than this if you are not OK with electrum's key generating algo. You don't even have to sync it. (or be Online)

Use exportprivkey command and again store it. Same logic applies.

IMO you can't get anything safer than a onffline generated Priv key by Bitcoin Core software. From that point It is all about how you store that piece of paper. Shouldn't be that hard.

Im not familiar with Electrum, I just remember reading something about key derivation. So if you export a private key generated within a full bitcoin client (let's say Core) and you import it within Electrum, and you use the Electrum seed to spawn your wallet, this imported private key from the wallet.dat will not show up? If yes, then I would still be paranoid of seed bruteforcing. There's something about Electrum that wouldn't allow me to sleep at night with any relevant amount of money in there.