Bitcoin Core, Bitcoin Cash, Bitcoin Gold, and Bitcoin 2x... Oh my!

[CoinHoarder]

My problem is im not sure if i have saved that private key. I can't even remember seeing mine. What i am only sure of is the 12 word phrase. That was the one i stored. So now, i am quite worried if i will ever have access to the forked coin. Is there any way i can recover such key?
Again, thank you for the time reading my post.

The private keys of each address that are utilized in your wallet can be generated using your wallsets seed. Some wallets that use 12 word seeds have the ability to retrieve each separate addresses private keys directly in their wallet software.

If the wallet you are using does not, then I recommend using this tool and a block explorer to find the private keys of all addresses in which your Bitcoins reside: https://iancoleman.github.io/bip39/

Make sure to use a secure computer. Save the website and only use it offline too.

If your wallet generates a new receiving address every time (as is best for privacy), or your coins are stored in different addresses, then I recommend sending the entire balance of your wallet to one Bitcoin address to make the whole process of redeeming forked/snapshotted coins easier.

[Jduall10]

If I buy Bitcoin and put it on a trezor will i be able to claim both bitcoins after the fork?

[BTCLovingDude]

If I buy Bitcoin and put it on a trezor will i be able to claim both bitcoins after the fork?

yes, if you buy the coins before the fork happens and you transfer them to your Trezor wallet and they confirm in any block before the target block for fork.

but be careful when claiming the coins though. you need to import your private keys in their wallet and that is a risky move if you still have bitcoin in those keys after the fork.

[LFC_Bitcoin]

Bitcoin is the only serious player here. Bitcoin Cash, Gold & whatever the other one is  -  x2 or something ridiculous are bullshit altcoins & have been in BCH’s case, or will be in the others case dumped to shit & used to cash into fiat or increase the users bitcoin worth.

[AndriyPilipyak]

I will keep bcc and wait for b2X-we don't know what will be in future

[Jduall10]

So could I transfer most or all bitcoin from the address then give them the private key and still get the full amount of new bitcoin?

[doedz]

This is probably what causes Bitcoin to rise. Everyone buys bitcoin to get free coins. yes like BCC everyone gets it.
But this does not last long and in the end no one can compete with bitcoin. although bitcoin Gold will come I'm not sure about this.

[CoinHoarder]

This is applicable to my recent blog post on Social Consensus:

I disagree with your stance on BCH/Bitcoin Satoshi/Bitcoin Segwit.

Although what you espouse as being a fatal issue with Segwit may or may not be true (I do not know enough about the technical to comment on that, as I haven't put in the time to research). I am not arguing this point... let's assume that it is true.

I think that you are underestimating the power of "Social Consensus". The market, press, and users have all already determined that Bitcoin Segwit is Bitxoin, and there can only be one Bitcoin. All others (Bitcoin Satoshi, Bitcoin Cash, etc.) are alternative cryptocurrencies, as decided by Social Consensus.

After that Social Consensus has been reached, there is no turning back (or reverting back) to Bitcoin Satoshi or Bitcoin Cash. This remains true even if the fatal Segwit flaws rear their ugly head on the real Bitcoin (aka. Bitcoin Segwit... as determined by Social Consensus).

Old Bitcoin forks can not reestablish themselves as the real Bitcoin fork once they have established themselves as being alternative cryptocurrencies (due to Social Consensus) because of the economic realities of such. This is the source of my dissent with your stance... the economic realities of what would happen if the real Bitcoin (Bitcoin Segwit) operates for months to years, then it is all the sudden determined that... suprise, Bitcoin Cash or Bitcoin Satoshi is actually the real Bitcoin. The market, press, users, and miners (which, as a whole, constitute as Social Consensus) will never allow such a coupe because of the huge economic losses they will suffer from it should it occur.

If theft of coins due to fatal flaws in Segwit does occur, then I think a new fork will become the new real Bitcoin... not Bitcoin Cash and not Bitcoin Satoshi. Similar to how Ethereum and Ethereum Classic split. Segwit will be fixed/removed from the codebase and the chain rolled back to before the attacks, and then due to Social Consensus Bitcoin (Segwit then minus Segwit)  will become the real Bitcoin, and Bitcoin Segwit will become an alternative cryptocurrency. Bitcoin Cash and Bitcoin Satoshi will remain alternative cryptocurrencies.

I recently wrote about Social Consensus, and how it's power is underestimated by decentralized/autonomous protocol idealists. At the end of the day, Social Consensus trumps all other types of consensus (PoW/PoS/etc.)

https://www.decentralized.tech/blogs/part-2-bitcoin-core-bitcoin-cash-bitcoin-gold-and-bitcoin-2x-oh-my

Once again, it’s possible I’m Chicken Little. So every reader should decide for himself the threat level he/she perceives to be reality. I’m not trying to sway anyone to do anything. I’m just sharing my thoughts and discussing.

@CoinCube noted about this threat that if it came true, then users who inadvertently double-spent BTC could be sued by exchanges and others and funds clawed back making everybody in the lineage chain responsible for the double-spent funds. A huge mess! That is why he thinks miners will never do it. He thinks there would be outrage in the community. But the whales, most of which who presumably know about this risk, have I think prepared. It’s the n00bs who are likely to be harmed and they’re not economically relevant anyway, their UAHF/community “vote” is not superior in the context of an economic majority. So being that I view myself as a defender of the honest underdog, I feel obligated to share this information.

I can't argue with the above. I agree that it would likely constitute as fraud or theft.

[CoinHoarder]

My problem is im not sure if i have saved that private key. I can't even remember seeing mine. What i am only sure of is the 12 word phrase. That was the one i stored. So now, i am quite worried if i will ever have access to the forked coin. Is there any way i can recover such key?
Again, thank you for the time reading my post.

The private keys of each address that are utilized in your wallet can be generated using your wallsets seed. Some wallets that use 12 word seeds have the ability to retrieve each separate addresses private keys directly in their wallet software.

If the wallet you are using does not, then I recommend using this tool and a block explorer to find the private keys of all addresses in which your Bitcoins reside: https://iancoleman.github.io/bip39/

Make sure to use a secure computer. Save the website and only use it offline too.

If your wallet generates a new receiving address every time (as is best for privacy), or your coins are stored in different addresses, then I recommend sending the entire balance of your wallet to one Bitcoin address to make the whole process of redeeming forked/snapshotted coins easier.

great info sir! Thank you very much for the advice..

Another concern that i have is this wallet of freebitco.in. I think this is still related to the topic because they support forks. I have read that they will support the segwit 2x and not the BTG. Is this site safe? I am planning to use my freebitco.in wallet as payout address in genesis-mining.com. Will that be a good move? Any advice?

No, that is not a good move. The best move is to transfer all if your Bitcoins to an address where you know the private key. That way you are not held hostage to the whims or druthers of a centralized entity. They could decide to keep your forked coins, or not implement a way for you to redeem them.

[TagaMungkahi]

it is indeed a free market, and also bitcoin is open source and under MIT license but this only means you can fork it and make your own thing. this means doing something like Charlie Lee did back in 2011. he forked bitcoin and created a new altcoin called Litecoin. that is why this coin has been serious and alive for the past 6 years.

but when you fork, then use bitcoin blockchain then disrupt bitcoin market, disrupt mining (hashrate like what EDA of BCH did), and start social attacks on bitcoin like what Roger Verr and the shills like @25hashcoin a couple of comments above are doing, that is a clear attack. you can no longer call it "free market".

As long as the "forkers" include replay protection and does not claim that their fork is the "real" Bitcoin then I am ok with them forking away.

Another thing we should be against is when the top Bitcoin merchants and the largest miners come together to make an agreement expecting the community to follow them.

It's like they already created a top management for us the community to follow their decisions and i disagree with that, this feeling of following them because they are the 'big merchants ' feels like they are already bullying us.

[rindo]

For the new flow of people joining the Bitcoin community, the Hard Fork subjects, are very unreliable, uncatchy and untrustworthy. How do you explain to somebody new, in this matters, that after a fork a new crypto-currency will be created and that it will have a gigantic market capital?
In the moment that Bitcoin Cash was created, suddenly there was a market cap of 10 billion related to this alt-coin. In my personal opinion the rest of the world will not take this with good eyes, and it will become even more difficult to atract new people to create a mass adoption.

[senin]

Different teams try to bring certain improvements to the technological program of bitcoin. This process will continue to wait whether we want it or not. Improvements can be both really worthwhile and almost useless. Only after a certain time we can determine this by our support or ignoring the created clone bitcoin to promote its growth or throw it into the dump. I believe that the formation of another Bitcoin Gold coin is not so bad.