Bitcoin Gold Electrum support

[TheKubizz]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

[1714777072]

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[1714777072]

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[1714777072]

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[Bitfort]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

Don't worry. There is no need to move your BTC. Keep them in electrum.
BTCG will be credited to address holding the BTCs and if electrum won't support BTCG it then you can always sweep/import the address to any other wallet which do.

EDIT: I made a quick guide how to claim your BTG: https://bitcointalk.org/index.php?topic=2347158

[TheKubizz]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

Don't worry. There is no need to move your BTC. Keep them in electrum.
BTCG will be credited to address holding the BTCs and if electrum won't support BTCG it then you can always sweep/import the address to any other wallet which do.

That's a satisfying answer! Thanks a ton, I'll keep it in Electrum calm and safely. Thanks again, keep hodling .

[intel_outside]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

WE still have to wait for more info about this matter. As of now just wait and be patient if someone will make an export software for bitcoin gold.

[anggriani]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

Don't worry. There is no need to move your BTC. Keep them in electrum.
BTCG will be credited to address holding the BTCs and if electrum won't support BTCG it then you can always sweep/import the address to any other wallet which do.

Besides electrum, what wallets will support to receive bitcoin gold later?

[maeusi]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

Don't worry. There is no need to move your BTC. Keep them in electrum.
BTCG will be credited to address holding the BTCs and if electrum won't support BTCG it then you can always sweep/import the address to any other wallet which do.

Besides electrum, what wallets will support to receive bitcoin gold later?

Any wallet, which provides you a private key. Depends, what kind of wallet you want. For paper and mind wallet you could use bitaddress.org, mobile wallet for example mycellium or coinomi and hardware wallets.
Don't is blockchain.info. They will probably not support Bitcoin Gold.

[BTC-BTC-BTC]

As long you have the private key you are good. I recommend to move your bitcoin first to a new address you have control of the  private key before you import your private key to claim the free BTCG. Or wait for the codes are verified and safe to use.

[anggriani]

Hey guys! Will Electrum wallet support Bitcoin GOLD? If so how it works? If not, where should I locate my funds to receive Bitcoin GOLD and keep them safe? Thanks for any help.

Don't worry. There is no need to move your BTC. Keep them in electrum.
BTCG will be credited to address holding the BTCs and if electrum won't support BTCG it then you can always sweep/import the address to any other wallet which do.

Besides electrum, what wallets will support to receive bitcoin gold later?

Any wallet, which provides you a private key. Depends, what kind of wallet you want. For paper and mind wallet you could use bitaddress.org, mobile wallet for example mycellium or coinomi and hardware wallets.
Don't is blockchain.info. They will probably not support Bitcoin Gold.

okay, now i understand, i just have to save the private key and will import it into wallet after bitcoin gold release. thanks

[NinoJJJ]

okay, now i understand, i just have to save the private key and will import it into wallet after bitcoin gold release. thanks

I found this page in Electrum docs, I recommend you check it out.

How to split your coins using Electrum in case of a fork
http://docs.electrum.org/en/latest/hardfork.html

I do not know if there are any chances that no Electrum servers at all will connect to the forked chains (Gold and Segwit2x for now, probably more to come later), or if there would always be some knowledgeable manager willing to offer at least one Electrum server for the split, regardless the nature of the fork and how controversial it might be.

In case no Electrum server at all is connected to the forked chain, users would have to find  another way using their private keys, which their cold-storage Electrum instance will give them very simply after asking for the wallet password.

ALSO, I ignore if a multi-signature wallet can be more problematic, probably not if at least one Electrum server is connected to the forked chain, no idea otherwise, so I'd avoid it.

More knowledgeable users are very welcome to contribute of course.

[Pandamonster]

Interesting question. It would be good if electrum would add a support of bitcoin gold.

[elissa]

Sorry for the question, maybe the answer is obvious but I am not sure about it.

Let's suppose that I have my BTC on my computer on an electrum wallet. During the fork I have to do smth or just wait for the BTC gold to be sent in my account?

[Salmen]

Sorry for the question, maybe the answer is obvious but I am not sure about it.

Let's suppose that I have my BTC on my computer on an electrum wallet. During the fork I have to do smth or just wait for the BTC gold to be sent in my account?

Once the fork happens, any address who have BTC, have also 1:1 Bitcoin Gold. That means if you have 0.01 BTC in your address, then 0.01 Bitcoin Gold is at the fork in the same address but on a different network.
In Electrum your coins are safe because you have access the key seed/private key which makes easy to sweep Bitcoin Gold.

[vegaed1]

Sorry for the question, maybe the answer is obvious but I am not sure about it.

Let's suppose that I have my BTC on my computer on an electrum wallet. During the fork I have to do smth or just wait for the BTC gold to be sent in my account?

Once the fork happens, any address who have BTC, have also 1:1 Bitcoin Gold. That means if you have 0.01 BTC in your address, then 0.01 Bitcoin Gold is at the fork in the same address but on a different network.
In Electrum your coins are safe because you have access the key seed/private key which makes easy to sweep Bitcoin Gold.

Do you think btc will drop significantly after the fork? If I'm not mistaken when bitcoin cash happened btc didn't drop and actually went up but btc is now at twice the value it was when bitcoin cash happened.

[Salmen]

Sorry for the question, maybe the answer is obvious but I am not sure about it.

Let's suppose that I have my BTC on my computer on an electrum wallet. During the fork I have to do smth or just wait for the BTC gold to be sent in my account?

Once the fork happens, any address who have BTC, have also 1:1 Bitcoin Gold. That means if you have 0.01 BTC in your address, then 0.01 Bitcoin Gold is at the fork in the same address but on a different network.
In Electrum your coins are safe because you have access the key seed/private key which makes easy to sweep Bitcoin Gold.

Do you think btc will drop significantly after the fork? If I'm not mistaken when bitcoin cash happened btc didn't drop and actually went up but btc is now at twice the value it was when bitcoin cash happened.

That is questionable. On fork date, Bitcoin Gold is independent of the standard Bitcoin, it has its own demand. There might be for sure a price decrease on that date, because of worry and confusion but will recover to the height again.

[elissa]

I think that Bitcoin is now overbought. Many switched on btc just to receive btc gold. Maybe not directly after the fork but in the near term I think btc will have a downside rally after the switch to altcoins.

[arseaboy]

I think that Bitcoin is now overbought. Many switched on btc just to receive btc gold. Maybe not directly after the fork but in the near term I think btc will have a downside rally after the switch to altcoins.

well who don't want a free money if same thing will happen like bch then more people will rush buying btc before the fork happens and I think you are right
there would be a correction that will happen, for me same thing will happen after the downfall huge rise up will follow so better to assess and review it
wisely.

[slaman29]

okay, now i understand, i just have to save the private key and will import it into wallet after bitcoin gold release. thanks

I found this page in Electrum docs, I recommend you check it out.

How to split your coins using Electrum in case of a fork
http://docs.electrum.org/en/latest/hardfork.html

I do not know if there are any chances that no Electrum servers at all will connect to the forked chains (Gold and Segwit2x for now, probably more to come later), or if there would always be some knowledgeable manager willing to offer at least one Electrum server for the split, regardless the nature of the fork and how controversial it might be.

In case no Electrum server at all is connected to the forked chain, users would have to find  another way using their private keys, which their cold-storage Electrum instance will give them very simply after asking for the wallet password.

ALSO, I ignore if a multi-signature wallet can be more problematic, probably not if at least one Electrum server is connected to the forked chain, no idea otherwise, so I'd avoid it.

More knowledgeable users are very welcome to contribute of course.

Thank you for this article link. I had quite a bit of trouble during the BCC fork, and went through a lot of difficulty in obtaining mine, after exporting private keys and what not. But I think I will not panic and just wait for 2 weeks after this fork, before moving out my Bitcoin Gold. That way, everything is stable and the networks won't be so congested. I see Electrum is the recommended wallet for many things now. I should consider switching to it permanently!

[vegaed1]

Sorry for the question, maybe the answer is obvious but I am not sure about it.

Let's suppose that I have my BTC on my computer on an electrum wallet. During the fork I have to do smth or just wait for the BTC gold to be sent in my account?

Once the fork happens, any address who have BTC, have also 1:1 Bitcoin Gold. That means if you have 0.01 BTC in your address, then 0.01 Bitcoin Gold is at the fork in the same address but on a different network.
In Electrum your coins are safe because you have access the key seed/private key which makes easy to sweep Bitcoin Gold.

Do you think btc will drop significantly after the fork? If I'm not mistaken when bitcoin cash happened btc didn't drop and actually went up but btc is now at twice the value it was when bitcoin cash happened.

That is questionable. On fork date, Bitcoin Gold is independent of the standard Bitcoin, it has its own demand. There might be for sure a price decrease on that date, because of worry and confusion but will recover to the height again.

Thanks for the reply. I guess I'm so used to seeing btc below 5k that at 6k or higher you would think it would drop down. I do see btc mentioned a lot more on fox business and other financial channels that it might be the norm after the fork. 

[bdsahin]

Looking for some help on this. I have an older version of Electrum (2.8.3). Will updated to the newer version version cause me to risk losing my keys in any way? If not, I should be able to update Electrum and then follow the guide posted above, correct?

No losing key if you backup your private key.just backup your private key than you install new version electrum.

[Caladonian]

Looking for some help on this. I have an older version of Electrum (2.8.3). Will updated to the newer version version cause me to risk losing my keys in any way? If not, I should be able to update Electrum and then follow the guide posted above, correct?

Well I think as long as you backed up your key you are safe to update your wallet since it will only be asked in order for you to use the newer version just be sure that you backed it up correctly and always save it two or more times to be more secure and safe.