BCH, BSV in Casascius coins

[BitConfucius]

Hello,  I am new here.  I have a question regarding the casascius coins created before the BCH/BSV forks happened.  Does the wallet need to (explicitly) support BCH and BSV in order to redeem the coin?  In other words, if a random wallet is chosen, and it happens to not support BCH or BSV, when redeeming the coin (BTC is close to 99% of the total), will the BCH and/or BSV that are contained in the coin be lost forever?  If so, which wallet is the best and safest in this case ?  Of course BTC is the main part, but you still don't want to lose BCH and BSV.  Thanks in advance !!

[1714466885]

1714466885

[hosseinimr93]

You don't need to use a wallet that supports bitcoin along with the forked coins.
Import your private key into a wallet that supports bitcoin and move your bitcoin. After that, you can import your private key into a wallet that supports the forked coins to spend them. 


Here are some tips for ensuring the security of your fund.

• Use a trustworthy open source wallet.
  
• It's recommended to import your private key into an air-gapped device and sign your transaction offline.
  
• First move your bitcoin and then go for forked coins.
  

[LoyceMobile]

As long as you have the private key, you can recovery all forks. But don't risk your Bitcoin to recover forks!

LoyceV answer here tomorrow.

[BitConfucius]

Thank you very much for your quick reply !

By "move your bitcoin" I guess you mean "sending the bitcoin to another wallet" ?

Also,  "sign your transaction offline" means "disconnect first, then import the private key into the wallet" ?
(how does it verify if there is no connection?)

Thanks.

[OcTradism]

As long as you have the private key, you can recovery all forks. But don't risk your Bitcoin to recover forks!

LoyceV answer here tomorrow.

LoyceV's Bitcoin Fork claiming guide (and service).

As the guide from LoyceV, a first step is most important. Backup your current Bitcoin wallet, and create a new Bitcoin wallet, move all your bitcoins from current to new wallets.

What's step for?
You will have an empty Bitcoin wallet after moving coins from a new wallet. So if there is something wrong when you claim forked coins, you won't lose your bitcoin.

How many Bitcoin forks are there?

[hosseinimr93]

By "move your bitcoin" I guess you mean "sending the bitcoin to another wallet" ?

Yes.

Also,  "sign your transaction offline" means "disconnect first, then import the private key into the wallet" ?

With just connecting your internet connection when signing the transaction, you don't really increase your security. For more security, you should import your private key into a wallet on an air-gapped device.

(how does it verify if there is no connection?)

You should have two wallets. One created with your private key on offline device and a watch-only wallet on an online device.

Here is a good guide.
How to spend from an offline paper wallet using Electrum

[LoyceV]

By "move your bitcoin" I guess you mean "sending the bitcoin to another wallet" ?

People have lost their Bitcoins in the past, when they installed a Forkcoin wallet that contained malware. Don't risk it, don't trust those wallets. Move your Bitcoin to safety first, then use a VM or other computer to install the Forkcoin wallet.

At current prices, for a 50 Bitcoin Casascius coin, you're looking at (give or take):
$2150000 BTC
$11700 BCH
$3500 BSV
$1500 eCash
$1000 BTG
$40 BCD
Some of those are only traded on exchanges I wouldn't easily trust. Don't send more at once than you're willing to lose. I can offer my services to recover those 5 Forkcoins, feel free to make me an offer.

Here's my take on offline signing:

Online:
Install Electrum on your PC.
Import your address to create a watch-only wallet.
Preview the transaction, Copy the unsigned transaction. Put it on a USB stick.

Offline and running without hard drive storage:
Get a Linux LIVE DVD. Use Knoppix or Tails for instance, or any other distribution that comes with Electrum pre-installed.
Unplug your internet cable. Close the curtains. Reboot your computer and start up from that DVD. Don't enter any wireless connection password. Keep it offline.
Start Electrum. Import your private key.
Copy your unsigned transaction from the USB stick, load it into Electrum.
CHECK the transaction in Electrum. Check the fees, check the amount, check all destination addresses (character by character).
If all is okay, sign the transaction. Copy it back to your USB stick.
Turn off the computer. That wipes the Live LINUX from memory and all traces are gone.

Online:
Use your normal online Electrum to (check again and) broadcast the transaction.

[BitConfucius]

By "move your bitcoin" I guess you mean "sending the bitcoin to another wallet" ?

Yes.

Also,  "sign your transaction offline" means "disconnect first, then import the private key into the wallet" ?

With just connecting your internet connection when signing the transaction, you don't really increase your security. For more security, you should import your private key into a wallet on an air-gapped device.

(how does it verify if there is no connection?)

You should have two wallets. One created with your private key on offline device and a watch-only wallet on an online device.

Here is a good guide.
How to spend from an offline paper wallet using Electrum

Thank you very much !!

[BitConfucius]

As long as you have the private key, you can recovery all forks. But don't risk your Bitcoin to recover forks!

LoyceV answer here tomorrow.

Thank you very much !
(I have also read your more detailed reply)

[bitmover]

There are some wallets which supports most of those forks.

I used to use coinomi, which supports all of them
 However,  their project seems to be abandoned since 2022.

Unstoppable wallet supports a lot of them and is open source.
http://unstoppable.money/

[LoyceV]

I used to use coinomi, which supports all of them
 However,  their project seems to be abandoned since 2022.

Coinomi removed BSV support a long time ago.

[BitConfucius]

As long as you have the private key, you can recovery all forks. But don't risk your Bitcoin to recover forks!

LoyceV answer here tomorrow.

LoyceV's Bitcoin Fork claiming guide (and service).

As the guide from LoyceV, a first step is most important. Backup your current Bitcoin wallet, and create a new Bitcoin wallet, move all your bitcoins from current to new wallets.

What's step for?
You will have an empty Bitcoin wallet after moving coins from a new wallet. So if there is something wrong when you claim forked coins, you won't lose your bitcoin.

How many Bitcoin forks are there?

Thank you !!

[BitConfucius]

By "move your bitcoin" I guess you mean "sending the bitcoin to another wallet" ?

People have lost their Bitcoins in the past, when they installed a Forkcoin wallet that contained malware. Don't risk it, don't trust those wallets. Move your Bitcoin to safety first, then use a VM or other computer to install the Forkcoin wallet.

At current prices, for a 50 Bitcoin Casascius coin, you're looking at (give or take):
$2150000 BTC
$11700 BCH
$3500 BSV
$1500 eCash
$1000 BTG
$40 BCD
Some of those are only traded on exchanges I wouldn't easily trust. Don't send more at once than you're willing to lose. I can offer my services to recover those 5 Forkcoins, feel free to make me an offer.

Here's my take on offline signing:

Online:
Install Electrum on your PC.
Import your address to create a watch-only wallet.
Preview the transaction, Copy the unsigned transaction. Put it on a USB stick.

Offline and running without hard drive storage:
Get a Linux LIVE DVD. Use Knoppix or Tails for instance, or any other distribution that comes with Electrum pre-installed.
Unplug your internet cable. Close the curtains. Reboot your computer and start up from that DVD. Don't enter any wireless connection password. Keep it offline.
Start Electrum. Import your private key.
Copy your unsigned transaction from the USB stick, load it into Electrum.
CHECK the transaction in Electrum. Check the fees, check the amount, check all destination addresses (character by character).
If all is okay, sign the transaction. Copy it back to your USB stick.
Turn off the computer. That wipes the Live LINUX from memory and all traces are gone.

Online:
Use your normal online Electrum to (check again and) broadcast the transaction.

Thank you for the detailed guide !
I am trying to follow the guide and to do all the steps ... will report back.
I don't know what value it has (maybe small).  I am doing this for someone, and even though she is not very technical, she's very careful and wouldn't even show it to me (maybe until  I know exactly what to do).