Daydreams4rock . I use coinomi to store a lot of coins.Make sure you write your recovery phrase down. I never had any problems. I just use it as a temporary storage for the bitcoins before I transfer them back to new paper wallets.
One suggestion I can make . If you know how to create paper wallets. Create a few wallets with $10 in them. When forks happen just use the small amount wallets to claim / test the forks . That way you will not exposed big amounts of BTC . That just how I do it. I test with small amounts.
i have to admit i am reluctant to claim any forks, as i am scared to lose my BTC and don't want to expose myself to malware. Thanks for the advice about creating small test wallets. Last night i cashed out 59 steem for 0.028 BTC , the price was really high for steem, the last time i cashed out was, 170 steem for 0.031 BTC, so you can see the price of steem is rocketing up. Keep well and rock on-David
Because the old paper wallet has all the history of any Bitcoin held in it PRIOR to the Fork, so it doesn’t matter that you’ve now moved the coins to a different address. The history is still left behind.
Hi.. I read your steps and trying to follow it.. But when I reach to step where we import private keys in Bither app( I use option import private key as it is not BIP-38 encrypted) after the scan it says to enter " Original Password". This is where I cannot move ahead. As I have not created any password after installation of program, nor does it ask at any stage. What should I do to clear this step. Please help
I helped my coworker and he had the same problem . Because you just download the app it does not have a password. I believe you have the same problem . You should setup a password for bither app . Something easy to remember. You are using this just to claim funds not for storage. Let me know if that work for you. Also be aware you can now get btw and bcd and I believe soon we will receive bitcoin faith !!! yahoooo
Daydreams4rock . I use coinomi to store a lot of coins.Make sure you write your recovery phrase down. I never had any problems. I just use it as a temporary storage for the bitcoins before I transfer them back to new paper wallets.
thanks mate - i follow u now
One suggestion I can make . If you know how to create paper wallets. Create a few wallets with $10 in them. When forks happen just use the small amount wallets to claim / test the forks . That way you will not exposed big amounts of BTC . That just how I do it. I test with small amounts.
i have to admit i am reluctant to claim any forks, as i am scared to lose my BTC and don't want to expose myself to malware. Thanks for the advice about creating small test wallets. Last night i cashed out 59 steem for 0.028 BTC , the price was really high for steem, the last time i cashed out was, 170 steem for 0.031 BTC, so you can see the price of steem is rocketing up. Keep well and rock on-David
If you first move your btc to a different paper wallet, then you would not be exposing it at all
if i move my btc then how do they know how much i had to claim of the free coin ?
Because the old paper wallet has all the history of any Bitcoin held in it PRIOR to the Fork, so it doesn’t matter that you’ve now moved the coins to a different address. The history is still left behind.
ok I haven't claimed BTG or any other forks - have you claimed any and was it safe and successful?
Hi.. I read your steps and trying to follow it.. But when I reach to step where we import private keys in Bither app( I use option import private key as it is not BIP-38 encrypted) after the scan it says to enter " Original Password". This is where I cannot move ahead. As I have not created any password after installation of program, nor does it ask at any stage. What should I do to clear this step. Please help
I helped my coworker and he had the same problem . Because you just download the app it does not have a password. I believe you have the same problem . You should setup a password for bither app . Something easy to remember. You are using this just to claim funds not for storage. Let me know if that work for you. Also be aware you can now get btw and bcd and I believe soon we will receive bitcoin faith !!! yahoooo