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]