Bitcoin Forum

Other => Beginners & Help => Topic started by: Leahhhh on October 21, 2019, 06:16:43 PM



Title: Question about selling BTC
Post by: Leahhhh on October 21, 2019, 06:16:43 PM
I understand that I can import both my BTC and BCH into my blockchain account from paper wallets. If I do this, what happens to my BSV coins? Will I lose them or can I move them somewhere else? Any help would be appreciated.


Title: Re: Question about selling BTC
Post by: JeromeTash on October 21, 2019, 06:45:48 PM
Not sure if i understood you question but you won't lose you coins as long as they still remain in that very address even if you import it. If you send the unsplit BCH to someone else, then you lose your unclaimed BSV too.

Honestly i don't like wallets that require one to sign up like Blockchain wallet. Why don't you use standalone desktop or mobile wallets that don't need you to sign up like electrum, Exodus, Jaxx?

Also, why don't you start by claiming your coins already?

Here are a few guides for a couple of wallets
- https://support.exodus.io/article/1025-how-do-i-split-bch-bsv-held-on-another-wallet
- https://support.exodus.io/article/994-how-do-i-claim-bsv-in-exodus
- https://coinomi.freshdesk.com/support/solutions/articles/29000026274-bch-abc-bsv-fork-information-splitting

Please proceed with caution when claiming a bitcoin fork. Lots of people have lost lots of money to malware and scammers trying to claim the forks.
Read all the instructions carefully.


Title: Re: Question about selling BTC
Post by: gentlemand on October 21, 2019, 07:40:40 PM
You have to actively claim them otherwise they stay put on your paper wallet. I'd probably use the Coinomi phone wallet, not desktop wallet, to claim them as as soon as your private keys are on the internet they'll be a lot less secure. Move the BTC first, and then everything else afterwards.

As above look for a better alternative to blockchain.com. It's sub par compared to the other options out there.


Title: Re: Question about selling BTC
Post by: Leahhhh on October 21, 2019, 08:22:28 PM
Thanks for your replies. Last year I moved some BTC to a Blockchain wallet and later moved the BTC on and sold them; I presume the BCH are still in that Blockchain wallet? But the BSV are lost forever as Blockchain doesn't support BSV....would that be a correct assessment?

(When I say I moved some BTC to a Blockchain wallet, I mean I imported the private keys into it).


Title: Re: Question about selling BTC
Post by: gentlemand on October 21, 2019, 08:29:02 PM
Thanks for your replies. Last year I moved some BTC to a Blockchain wallet and later moved the BTC on and sold them; I presume the BCH are still in that Blockchain wallet? But the BSV are lost forever as Blockchain doesn't support BSV....would that be a correct assessment?

It depends on the exact dates when the coins were in that wallet.

BCH was created on August 1st 2017. BSV forked from BCH on November 15th 2018. Can you remember when the coins moved in and out?

It is possible to extract the relevant private key from the seed that blockchain.com gave you yourself provided you have it. You could then redeem the BSV elsewhere.


Title: Re: Question about selling BTC
Post by: Leahhhh on October 21, 2019, 08:32:56 PM
I think I did the transfer and sold around Nov 25th 2018. It was definitely after the forks.


Title: Re: Question about selling BTC
Post by: gentlemand on October 21, 2019, 08:41:05 PM
If you still have the seed then the easiest way will be to input it in one of the wallets from here - https://bitcoinsv.io/services/wallets-and-exchanges/ I use Coinomi myself.

If it asks you for a seed and derivation path then I think it's going to be a bip39 seed and the derivation path should be m/44'/0'/0

The BSV should then show up.


Title: Re: Question about selling BTC
Post by: bitmover on October 21, 2019, 08:54:38 PM
You need to be careful when splitting your bch/bsv coins , as they do not have replay protection between each other.
So you need to be careful otherwise you may lose your coins.

Check this guide from coinomi (the best wallet to deal with shitcoins)


Quote
https://coinomi.freshdesk.com/support/solutions/articles/29000026274-bch-abc-bsv-fork-information-splitting
About replay protection:

There is no replay protection between the BCH (ABC) and the BSV chains. This means that, unless you properly "split" your coins, transactions you make with one of those coins will also be made on the other.


Sending unsplit BCH will result in the same amount of BSV being sent to the same address (and vice-versa). The receiving wallet may not be prepared to accept BSV into their address, so there is a possibility of loss of BSV coins. This is not an issue specific to Coinomi, as any other wallet you use is under the same risk.


How to split coins:

Splitting is only necessary if you had a positive BCH balance on November 15th 2018. If you received either BCH or BSV after that date, they are most likely already split.


    Receive a new deposit into your BCH wallet of BCH that is already split. Any value will work, however small. The easiest way is to receive BCH from an exchange.
    After transaction from (1) is confirmed, open the BCH wallet and copy your current BCH "receive" address
    On that same BCH wallet, go to the "send" section and send your full BCH balance to it.
    Done. This should be enough for your coins to be split. This process only has to be done once. After your coins are split, they are split forever, and further deposits you receive will also most likely already be split.


Title: Re: Question about selling BTC
Post by: Leahhhh on October 21, 2019, 09:04:20 PM
I think the BSV from last year's transaction are lost & I don't want to lose any more. But, I don't really understand splitting and doubt I can avoid it happening again :(


Title: Re: Question about selling BTC
Post by: Leahhhh on October 22, 2019, 11:38:30 AM
Can someone confirm that blockchain.com is now the site that used to be blockchain.info?


Title: Re: Question about selling BTC
Post by: DaMut on October 22, 2019, 11:46:12 AM
Can someone confirm that blockchain.com is now the site that used to be blockchain.info?

https://www.blockchain.com/ and https://www.blockchain.info are the same.
when you are searching https://www.blockchain.info, it will redirect you to this website https://www.blockchain.com/.



Title: Re: Question about selling BTC
Post by: Malvika_sitlani on October 22, 2019, 11:51:11 AM
As the funds are in your wallet it is safe but after hard fork it is mandatory you have to split bch and bchsv. You can follow this link to know how to split your coins- https://rosecrypto.com/How-to-Split-BCHABC.
I am not promoting this link this is just a disclaimer. You can search more about this on google.


Title: Re: Question about selling BTC
Post by: nc50lc on October 22, 2019, 12:16:22 PM
I think the BSV from last year's transaction are lost & I don't want to lose any more. But, I don't really understand splitting and doubt I can avoid it happening again :(
That warning about no "replay protection" is just a minor issue if you're sending to your own wallet since you own the destination address, the fork coins are safe even if the same raw tx was broadcast to the other chain.
It's an issue with payments done using "unsplit" addresses with output(s) that aren't in your control (assuming that he can get the raw TX).

I think I did the transfer and sold around Nov 25th 2018. It was definitely after the forks.
You have transferred and sold in the same date?
If so, there will be no BSV coins in that wallet because the transfer was done after the fork.
If so so, there might be BSV and BCH coins in your previous wallet (the one you've used to send to blockchain.com) depending on the dates of the previous unspent and spent outputs.


Title: Re: Question about selling BTC
Post by: Leahhhh on October 22, 2019, 12:35:38 PM
Yes, I transferred and sold on the same date. I've just encountered another problem....I set up a new Blockchain account & created a new wallet but it never gave me a seed phrase like it did in in the past. Is that a problem? Or have they stopped doing it that way?


Title: Re: Question about selling BTC
Post by: Lucius on October 22, 2019, 01:15:43 PM
Leahhhh, if memory serves me well, you will not get seed automatically when you create a new account. Your seed words (12 words) should be located in your blockchain.com Security center section. It is very important that you write them down properly and store them as safely as possible.

I would also recommend you to turn on 2FA protection, and save the page link in your browser bookmark. Always access this page from this trusted link and you will prevent possible phishing links.


Title: Re: Question about selling BTC
Post by: Leahhhh on October 22, 2019, 01:41:07 PM
Leahhhh, if memory serves me well, you will not get seed automatically when you create a new account. Your seed words (12 words) should be located in your blockchain.com Security center section. It is very important that you write them down properly and store them as safely as possible.

I would also recommend you to turn on 2FA protection, and save the page link in your browser bookmark. Always access this page from this trusted link and you will prevent possible phishing links.

Thanks, I have now managed to do the 2FA and written down the 12 words :)