If you had your bitcoins in an exchange like bittrex / bithub you are going to receive them instantly on your balance, but you should know that both exchanges are having issues with them, so maybe it will be a little bit hard to try to get those coins out of there, or at least, trying to exchange them for bitcoin or to another altcoin.
This was just a dirty move from them to pump and dump the price, just like they have been doin with a lot of other coins in the past, specially with bitcoin cash.
So i doubt that you are going to get them out of there.
Topic: gold fork, how do I sell them off? (Read 262 times)
Looked for threads about bitcoin gold fork but did not find what I was after.
Let’s say i have a small amount, 1000 in dollar value at coinbase, the same on my trezor and the same at my blockchaininfo wallet.
Now we have a bitcoingold fork and suposidly I have some amount of coin in that block chain. I don’t want them. What is the mechanical process to sell them off? Is the same key structure in place. Are my bitcoin private keys the same.
Let’s say i have a small amount, 1000 in dollar value at coinbase, the same on my trezor and the same at my blockchaininfo wallet.
Now we have a bitcoingold fork and suposidly I have some amount of coin in that block chain. I don’t want them. What is the mechanical process to sell them off? Is the same key structure in place. Are my bitcoin private keys the same.
I'm not sure what you mean by "1000 in dollar value at Coinbase." Last I heard, Coinbase wasn't supporting Bitcoin Gold, so there's nothing you can do with funds held in their wallet or exchange: https://support.coinbase.com/customer/portal/articles/2892196-bitcoin-gold-faq
As for the TREZOR, what kind of wallet is it -- standard? Are your BTC held in addresses that look like 1.......? If so you, you can use the Coinomi wallet to retrieve the BTG, same as Blockchain.info. In that case: 1) Move your BTC to new addresses under your control. 2) Sweep the empty private keys into the Coinomi BTG wallet.
From there, you can send it to an exchange like Bittrex to sell.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
Thanks, I really don't like they way all these wallets handle private keys. It's just a string of numbers, we should have the option of dumping the raw numbers to a backup. I hate the way trezor makes me play games with all these seed words. Just give me the number.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
If I send my bitcoins from coinbase to my trezor wallet, can I do the same or does the key change. I know how public/private key pair encryption works but, I still don't completely understand the mechanics of how the block chain uses the keys. If I send to my trezor wallet, will that private key have the ability to get to my BTG on a different wallet? If my bit coins are sent to someone else, will that person be able to get to the bitcoin gold if I have not done anything before the send? If I just ignore all this and then send my bitcoins does the new owner have the ability to get to the bitcoin gold. Seems like a lot of overhead and coinbase should do something to cover this for their customers.
Why did you get into it in the first place if you are having to ask questions on how to sell it. You should already know? Or is it too hard because exchanges and wallets don't want to build services around shitcoins? You should've thought of all of this before you went and sold the only thing you'll ever have that will be valuable in your life and that's BTC. Shake my head...
What are you talking about? He never mentioned that he sold his BTC neither did I. He just wanted to know how he could claim his fork coins and sell them off, that's his choice.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
Thanks, I really don't like they way all these wallets handle private keys. It's just a string of numbers, we should have the option of dumping the raw numbers to a backup. I hate the way trezor makes me play games with all these seed words. Just give me the number.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
If I send my bitcoins from coinbase to my trezor wallet, can I do the same or does the key change. I know how public/private key pair encryption works but, I still don't completely understand the mechanics of how the block chain uses the keys. If I send to my trezor wallet, will that private key have the ability to get to my BTG on a different wallet? If my bit coins are sent to someone else, will that person be able to get to the bitcoin gold if I have not done anything before the send? If I just ignore all this and then send my bitcoins does the new owner have the ability to get to the bitcoin gold. Seems like a lot of overhead and coinbase should do something to cover this for their customers.
Why did you get into it in the first place if you are having to ask questions on how to sell it. You should already know? Or is it too hard because exchanges and wallets don't want to build services around shitcoins? You should've thought of all of this before you went and sold the only thing you'll ever have that will be valuable in your life and that's BTC. Shake my head...
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
Thanks, I really don't like they way all these wallets handle private keys. It's just a string of numbers, we should have the option of dumping the raw numbers to a backup. I hate the way trezor makes me play games with all these seed words. Just give me the number.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
If I send my bitcoins from coinbase to my trezor wallet, can I do the same or does the key change. I know how public/private key pair encryption works but, I still don't completely understand the mechanics of how the block chain uses the keys. If I send to my trezor wallet, will that private key have the ability to get to my BTG on a different wallet? If my bit coins are sent to someone else, will that person be able to get to the bitcoin gold if I have not done anything before the send? If I just ignore all this and then send my bitcoins does the new owner have the ability to get to the bitcoin gold. Seems like a lot of overhead and coinbase should do something to cover this for their customers.
With the Coinbase coins, you just have to wait until they hopefully credit you the balance.
With the blockchain.info wallet and any other wallet where you control your private keys, you can get the private keys and import them into any wallet that supports BTG.
As for me, I got my private key QR code to show up on Electrum and then scanned the QR code with my phone's Coinomi BTG wallet. It worked without a hitch as soon as I got the QR code for the address where my BTC were at the time of the split.
Then I sent the BTG to HitBTC and sold them for BTC.
Make sure to move your real BTC out of the address before you attempt to redeem, though.
With the blockchain.info wallet and any other wallet where you control your private keys, you can get the private keys and import them into any wallet that supports BTG.
As for me, I got my private key QR code to show up on Electrum and then scanned the QR code with my phone's Coinomi BTG wallet. It worked without a hitch as soon as I got the QR code for the address where my BTC were at the time of the split.
Then I sent the BTG to HitBTC and sold them for BTC.
Make sure to move your real BTC out of the address before you attempt to redeem, though.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
If I send my bitcoins from coinbase to my trezor wallet, can I do the same or does the key change. I know how public/private key pair encryption works but, I still don't completely understand the mechanics of how the block chain uses the keys. If I send to my trezor wallet, will that private key have the ability to get to my BTG on a different wallet? If my bit coins are sent to someone else, will that person be able to get to the bitcoin gold if I have not done anything before the send? If I just ignore all this and then send my bitcoins does the new owner have the ability to get to the bitcoin gold. Seems like a lot of overhead and coinbase should do something to cover this for their customers.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
Thanks, I really don't like they way all these wallets handle private keys. It's just a string of numbers, we should have the option of dumping the raw numbers to a backup. I hate the way trezor makes me play games with all these seed words. Just give me the number.
Every address that has a balance in BTC before the fork will receive an equal amount of the (forked coin) in this case BTG. The BTC private key has the same amount in different units on a different chain. To redeem the forked coin you should import your private key to a supported BTG wallet. From there you can claim your BTG and make a transaction to an exchange address. But keep in mind that Coinbase doesn't show your private key, so you won't be able the forked coin till Coinbase decides to support this chain.
Looked for threads about bitcoin gold fork but did not find what I was after.
Let’s say i have a small amount, 1000 in dollar value at coinbase, the same on my trezor and the same at my blockchaininfo wallet.
Now we have a bitcoingold fork and suposidly I have some amount of coin in that block chain. I don’t want them. What is the mechanical process to sell them off? Is the same key structure in place. Are my bitcoin private keys the same.
I don’t like where all this fork stuff is taking us. All I want is bitcoin and 1 process to manage them.
If there are threads which cover this pointers to them would be helpful.
Thanks.
Let’s say i have a small amount, 1000 in dollar value at coinbase, the same on my trezor and the same at my blockchaininfo wallet.
Now we have a bitcoingold fork and suposidly I have some amount of coin in that block chain. I don’t want them. What is the mechanical process to sell them off? Is the same key structure in place. Are my bitcoin private keys the same.
I don’t like where all this fork stuff is taking us. All I want is bitcoin and 1 process to manage them.
If there are threads which cover this pointers to them would be helpful.
Thanks.
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