Cryptocurrency Forks are bait, a scam to get the seeds to (all?) wallets.

xIIImaL

legendary

Activity: 1372

Merit: 1005

Quote from: pitiflin on March 04, 2018, 01:15:57 PM

Well yeah. Though they weren't meant to be a bait in the first place, people acted stupidly and clever decided to take advantage of this situation. Some innocent people did warn others to move their coins before claiming their forked coins but legends were too overconfident or too stupid to ignore it and they paid the consequences. So be it.

I found when there is every bitcoin fork they go with the electrum wallet. Other hand they go with the exchanges to take the fork as a free benefit. I don't think that we need to do this always to take the cheap coins for transacting to other wallets.
I have more than 1 bitcoins in my wallet now but I missed the fork coins such as Bitcoin cash or bitcoin gold.

franky1

legendary

Activity: 4424

Merit: 4794

i think what the OP is saying is this:

dont just move coins to a new address if your old wallet was a HD seed wallet, ensure the new address is from a legacy private key and not just a fresh address using you HDwallet seed, after all even if the funds have moved.. using a HD seed that also points to your new address still put your moved funds at risk

pitiflin

hero member

Activity: 980

Merit: 507

Well yeah. Though they weren't meant to be a bait in the first place, people acted stupidly and clever decided to take advantage of this situation. Some innocent people did warn others to move their coins before claiming their forked coins but legends were too overconfident or too stupid to ignore it and they paid the consequences. So be it.

Kprawn

legendary

Activity: 1904

Merit: 1074

You are not the first person that are making these claims. A lot of people are saying that these claims are nothing other than

conspiracy theories, but I think there is a little bit of truth to it. What would be the easiest way to get to people's Private

keys? Answer : Fork Bitcoin and give people FREE coins and force them to use a specific wallet to redeem those coins. Hide

some backdoor in the wallet or service that you use to claim those FREE coins. This is why we are telling people to move

their coins before they claim these FREE coins. Wink

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

BTG is not a scam, they do not want your private keys.
Some wallet may be a scam, this is why you must not trust wallets from obscure sources and websites.

I claim all my BTCs forks on COINOMI, a trustful wallet. They will not try to get your private keys.

I recommend that anyone who wants to claim BTC forks, download coinomi android wallet. They support these forks:
BTG Bitcoin Gold
BCH Bitcoin Cash
BTX Bitcore
BCA Bitcoin Atom
BitcoinPrivate

This wallet is very secure for a smartphone wallet, so no problem at all.

If you have high amounts of money, buy a hardwallet .

genep

newbie

Activity: 24

Merit: 0

To start with: the Bitcoin-Gold blockchain https://btgexp.com/search does NOT recognize Bitcoin addresses -- this prevents Bitcoin holders from claiming their Bitcoin Gold. (eg the valid Bitcoin Address -- 169zTY9mS1irnbSo5HVkjM7Cq41eJho4oW -- is not recognized by the Bitcoin-gold blockchain.) Very SIMPLE SCAM: when you open a BTCG wallet and try to claim your BTCG you give the scammers your seed so they can clean out your wallet.
BUT - FAR-FAR WORSE: -- On WINDOWS the BTCG-Electrum Wallet puts a startup-program on your computer that you CANNOT delete until you uninstall the electrum bTCG wallet -- and even then you cannot be sure that malware is not left behind to access and drain all the other wallets on your computer... and perhaps all future wallets you put on your computer..

Please do not be stupid enough to assume that those people who put videos on UtUBE that show you how to "SAFELY " claim the new Fork-coins ... do not assume they are not a crucial part of the scam.

Topic: Cryptocurrency Forks are bait, a scam to get the seeds to (all?) wallets. (Read 145 times)