Trezor or Ledger? And how to get my forks Bitcoin Cash / Gold / SV??

[Rath_]

That means it was already on a new wallet right? After I claimed all the forks, I panicked and sent the BTC to a new adress.

You needn't have sent your BTC. Sweeping means that your wallet will automatically create a transaction sending the funds to your new wallet. Most wallets won't allow you to import a private key because the recovery phrase would not recover coins from imported addresses.

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[UnDerDoG81]

Ok. I got my Bitcoin SV now too. Do I have to use this splitting method as well if I want to change them into Bitcoin within the app? I dont need the forks and prefer holding all in Bitcoin. I guess the forks dont have any benefit for holding right? Or is it really possible that Bitcoin dies or got hacked etc. and Bcash or BSV get the leading coin?

[fer_coinomi]

Ok. I got my Bitcoin SV now too. Do I have to use this splitting method as well if I want to change them into Bitcoin within the app? I dont need the forks and prefer holding all in Bitcoin. I guess the forks dont have any benefit for holding right? Or is it really possible that Bitcoin dies or got hacked etc. and Bcash or BSV get the leading coin?

Hi UnDerDoG81, make sure you properly split your BCH and BSV by following the article BitCryptex sent you. It only has to be done once, but it's an essential process. Otherwise if you try to send out the BCH, BSV will be sent along with it (and vice-versa). If you have the BCH in the "Bitcoincash" wallet and the BSV in the "BitcoinSV" wallet, you're good. If you see the BSV in the "BitcoinSV M/44H/..." wallet, they are most likely not yet split. Please make sure you follow all instructions and don't skip any step or check. Please open a support ticket on the article linked above if you have any questions and we will help you directly.

If your coins are already split, you can use the in-app exchanges to trade them directly to BTC.

[20kevin20]

EDIT2: Did I get it right, with these 24 words I can access my wallet every time, even if I lose my phone?

That's right! If you wrote down the 24 words upon wallet creation on Coinomi, if you ever lose your phone you should be completely fine.

I guess the forks dont have any benefit for holding right? Or is it really possible that Bitcoin dies or got hacked etc. and Bcash or BSV get the leading coin?

That depends solely on what you support, on your thoughts & on what you plan to do. Chances of BSV and BCH getting somehow attacked are much larger than Bitcoin's imo. BSV is Faketoshi's coin so hell no, it'll never become what some people wish it would and BCH is pretty much the same pattern.

Between all 3, I'd personally place my bets on BTC. Now it also depends whether you support BCH's features instead, but the thing is that both forks claim they're the actual, original Bitcoin which is plain bullshit and the main reason I've lost respect for both.

[UnDerDoG81]

Ok. I got my Bitcoin SV now too. Do I have to use this splitting method as well if I want to change them into Bitcoin within the app? I dont need the forks and prefer holding all in Bitcoin. I guess the forks dont have any benefit for holding right? Or is it really possible that Bitcoin dies or got hacked etc. and Bcash or BSV get the leading coin?

Hi UnDerDoG81, make sure you properly split your BCH and BSV by following the article BitCryptex sent you. It only has to be done once, but it's an essential process. Otherwise if you try to send out the BCH, BSV will be sent along with it (and vice-versa). If you have the BCH in the "Bitcoincash" wallet and the BSV in the "BitcoinSV" wallet, you're good. If you see the BSV in the "BitcoinSV M/44H/..." wallet, they are most likely not yet split. Please make sure you follow all instructions and don't skip any step or check. Please open a support ticket on the article linked above if you have any questions and we will help you directly.

If your coins are already split, you can use the in-app exchanges to trade them directly to BTC.

What I did in Coinomi was, I claimed my BCH and then used the method M/44H/... by myself to claim the BSV. Thanks, I follow the instructions.

EDIT2: Did I get it right, with these 24 words I can access my wallet every time, even if I lose my phone?

That's right! If you wrote down the 24 words upon wallet creation on Coinomi, if you ever lose your phone you should be completely fine.

I guess the forks dont have any benefit for holding right? Or is it really possible that Bitcoin dies or got hacked etc. and Bcash or BSV get the leading coin?

That depends solely on what you support, on your thoughts & on what you plan to do. Chances of BSV and BCH getting somehow attacked are much larger than Bitcoin's imo. BSV is Faketoshi's coin so hell no, it'll never become what some people wish it would and BCH is pretty much the same pattern.

Between all 3, I'd personally place my bets on BTC. Now it also depends whether you support BCH's features instead, but the thing is that both forks claim they're the actual, original Bitcoin which is plain bullshit and the main reason I've lost respect for both.

Actually I only believe in the original Bitcoin. But yet something weird could happen and the BCH or BSV price could jump up. BCH was worth 4k, what was crazy. And BSV was around $450. Maybe I hold them  all seperate.


So, my Ledger was announced to be delivered today by DHL express. I aint get it. Its midnight here and its still "in delivery on 15th May". That makes me curious of course. What if the DHL guys know about Ledger and change the original in the package against a fake one? I mean I might sound paranoid. But I dont trust anybody anymore. Ledger should use a different shipping adress. I remember, once I ordered condoms from a sex shop and they used a printer shop as shipping adress.

[moderator's note: consecutive posts merged]

[Rath_]

What if the DHL guys know about Ledger and change the original in the package against a fake one? I mean I might sound paranoid.

You are too paranoid. You should take into account that deliveries are very likely to be delayed because of coronavirus. Lots of people order goods online now. As I wrote earlier, Ledger Live will verify the authenticity of your device so you have nothing to worry about.

[bob123]

What if the DHL guys know about Ledger and change the original in the package against a fake one? I mean I might sound paranoid. But I dont trust anybody anymore.

Theoretically, very well possible.
He can't do anything with your ledger. There are hardware mechanism to protect against some kind of stuff.

But a few attacks would still be possible (e.g. inserting a chip and a small antenna to trigger button clicks from ~11 meter away).
This, paired with your compromised computer, could allow an attacker to steal your funds.


However, do you think this is somewhat realistic in your case ? If you aren't a BTC millionaire which everyone knows about, i don't think so.
But even if you are paranoid about it, you can always open the case and check whether the hardware looks genuine. Ledger published a guide.

Ledger should use a different shipping adress. I remember, once I ordered condoms from a sex shop and they used a printer shop as shipping adress.

 
What about this: From now on, ledger uses a sex shop as their shipping address? That would kind of solve the problem 

[Lucius]

But even if you are paranoid about it, you can always open the case and check whether the hardware looks genuine. Ledger published a guide.

It is not wise to give a man an idea and not to warn him of what arises from such an action. By checking hardware integrity "Be aware that once opened, your device will not be refundable or exchangeable.".

What if the DHL guys know about Ledger and change the original in the package against a fake one?

Although the possibility for such a thing always exists, I think that modifying the existing device takes time and technical knowledge, which would certainly affect the delivery time. Second option is that original device is completely replaced with a fake device pre-prepared, but such an approach only makes sense if one is a target that which has a significant amount of coins.

Ledger should use a different shipping adress.

I agree that it would be much better (for the safety of customers) for the shipment to come in a package that would not reveal where the shipment comes from and what it is inside. Why does my postman and all those who come in contact with the package need to know that I have anything to do with crypto, which is especially pronounced in small communities where such things spread rapidly.

[bob123]

It is not wise to give a man an idea and not to warn him of what arises from such an action. By checking hardware integrity "Be aware that once opened, your device will not be refundable or exchangeable.".

You need the guide to check the hardware.
And the warning is shown in a box with "CAUTION!".

I felt like he is able to read properly, so no need to treat him like an incompetent person.

Although the possibility for such a thing always exists, I think that modifying the existing device takes time and technical knowledge, which would certainly affect the delivery time.

The time it takes to modify the hardware as i described is roughly 2 minutes.

[UserU]

So, my Ledger was announced to be delivered today by DHL express. I aint get it. Its midnight here and its still "in delivery on 15th May". That makes me curious of course. What if the DHL guys know about Ledger and change the original in the package against a fake one? I mean I might sound paranoid. But I dont trust anybody anymore. Ledger should use a different shipping adress. I remember, once I ordered condoms from a sex shop and they used a printer shop as shipping adress.

Forget about them sabotaging when they'd just steal. Why bother switching in the first place when you can steal a package?

Plus, they're handling so many packages so if some "unlucky" guy tries to do anything funny, all you have to do is file a complain and you'll get reimbursed.

ADD: It's obviously easy to spot when a package is tampered vs a brand spanking new virgin one. If you've unboxed electronics before which I'm sure you did, you know what I'm saying.

[Rath_]

Forget about them sabotaging when they'd just steal. Why bother switching in the first place when you can steal a package?

He is worried that his device could be replaced with a fake one which could steal his coins. Extremely unlikely to happen and really difficult to pull off. Sorting centres are full cameras and delivery couriers are so busy that I don't think that they have time to look through every package. Nevertheless, as I wrote above, Ledger Live will verify the authenticity of the device so OP will know that it is is a genuine one before even sending coins to it.

[bob123]

Nevertheless, as I wrote above, Ledger Live will verify the authenticity of the device so OP will know that it is is a genuine one before even sending coins to it.

Ledger Live will only verify the firmware, not the hardware.
Hardware attacks can still be pulled off (e.g inserting another chip).

However, those attacks are extremely unlikely. A simple 5$ wrench attack is way more probable.

[UnDerDoG81]

Thanks guys. Haha yeah I know a very paranoid and very very unlikely scenario. But yet you have to be careful these days. At then end, 1 Bitcoin is worth around 9000€. The delivery guy earns this amount in 5-6 months. The last 3 packages I received from DHL were opened and looked inside. It were only supplements inside. But I called the delivery company and complained about it. Why does he have to know what I order?

Now the delivery changed from yesterday to 18th May.

[Lucius]

I felt like he is able to read properly, so no need to treat him like an incompetent person.

There is no need for you to judge whether someone is capable of something or not, and the OP is obviously not someone who is well versed in such things - otherwise he would not have open a topic like this at all. If you imply that I think he is incompetent, then what am I by giving him that advice?

The time it takes to modify the hardware as i described is roughly 2 minutes.

So for open a package and modify a device, put all back as it was before without visible traces for only 2 minutes? Obviously you have a very high opinion of people working in DHL, some obviously have some very special skills.

[UserU]

Forget about them sabotaging when they'd just steal. Why bother switching in the first place when you can steal a package?

He is worried that his device could be replaced with a fake one which could steal his coins. Extremely unlikely to happen and really difficult to pull off. Sorting centres are full cameras and delivery couriers are so busy that I don't think that they have time to look through every package. Nevertheless, as I wrote above, Ledger Live will verify the authenticity of the device so OP will know that it is is a genuine one before even sending coins to it.

I understand his concern, but if I don't think a courier guy would try to rip open the parcel, and attempt to swap the unit because of the parcel sticker (that's a dead giveaway). Of course anything could happem, but no sane person would rather lose his or her job just to scan through each package from a company called Ledger out of the bajillions.

I ordered mine from a shopping platform, and it arrived without tampering of some sort.

[UnDerDoG81]

I have a problem now. I imported my first paper wallet without any problem and claimed all forks because it was not BIP38 password protected. But my other paper wallets are BIP38 pw protected. Sweeping the Bitcoin into Coinomni was no problem. Had to enter my password and done. Even though it took an hour for confirmation. But now when I want to claim the Bcash, it says "an unexpected error occured". What do I have to do to claim my forks?

My 2nd question is, would you trust coinomni more or Ledger? I received my Ledger today. But I wonder why not keep the coins on Coinomni? They say the private keys never leave the phone. And if you lose the phone, you can recreate your wallet with the 24 word phrase. Or lets say not trust but it looks easier to leave the coins on Coinomni to have access everywhere and all the time. I mean I dont take the ledger with me anywhere I go. But my phone is in the pocket.

I have 6 paper wallets because in 2014 I followed the advice to split my coins into multiple wallets in case of a hack. They each contain 0.1 BTC. Now what I don´t like, after sweeping them into Coinomni, the all dropped to 0.09xxxxx. $4.50 fee per transfer was a lot! Not a problem but not beautiful for the eye. Just wanted to mention.

[Rath_]

My 2nd question is, would you trust coinomni more or Ledger? I received my Ledger today. But I wonder why not keep the coins on Coinomni? They say the private keys never leave the phone. And if you lose the phone, you can recreate your wallet with the 24 word phrase.

I would trust Ledger more. Since most phones are encrypted by default, you shouldn't be worried about coins getting stolen if you lost your device. However, you never know what kind of malware or vulnerabilities might affect your device. Hardware wallets are designed to be invulnerable to remote attacks unlike smartphones which are general purpose devices.

[Csmiami]

$4.50 fee per transfer was a lot! Not a problem but not beautiful for the eye. Just wanted to mention.

Mempool is currently 200+MB, so fees are pretty high. If you were in no rush, you could have sent the tx with an smaller fee, and even if it will take (a lot) longer to confirm, coins would have arrived too

[UnDerDoG81]

Thanks! I asked the Coniomi support but they also seem confused. Lets see what they answer tomorrow. But its cool they answer pretty quick!

Edit: Coinomni answered. Its a bug in iOS and they working on a fix.

[UnDerDoG81]

Now I can not even sweep my bitcoin paper wallets as well. I get the same error. The support says its an iOS issue and they want to fix it. That sucked because I wanted to trade. Now we dropped almost 1k already. They say I should use the desktop version on Mac. But I dont want to type in my 24 words on the keyboard. Have apps installed that track every word I type in (Better Touch Tool, TypeIt4Me etc.).