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What will happen to bitcoin stored on hardware wallets (trezor/ledger/keepkey)

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What will happen to bitcoin stored on hardware wallets (trezor/ledger/keepkey) in case of a hardfork? Will users be able to spend coins on both chains after the fork has occured?
>>
>>1877889

yes

what you will do is (assuming your wallet uses the mnemonic phrase to recover your shit)

1. get a bitcoin unlimited (lite) wallet that supports your mnemonic phrase (like a lite wallet that supports BIP32 or BIP44 i believe, don't worry most good lite wallets will support this, also those for BU)
2. go into the wallet and enter your mnemonic phrase for recovery
3. done

any questions?
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>>1877986
I guess you're not a core fan? So in the end two will remain? Btu and eth right? Unless eth becomes more valuable out of sheer recent popularity and being the number 2 alternative all this time with potential greater than any other "alt coin" to usurp bitcoin.
>>
>>1877986
yeah i backed my btc up with a mnemonic phrase, i suppose i will still be able to access the (probably) core chain with my ledger?

After i used the phrase to recover btu tokens
>>
>>1878004

i am a core fan, i dont think btu will overtake core but who knows?

>>1878016

ledger just came out with an article on the hard fork and how it works with their wallet, check it out

https://medium.com/@Ledger/what-would-happen-for-ledger-hardware-wallet-users-in-case-of-a-bitcoin-fork-3b955a065d57#.xbv1ms581
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>>1878004
>Unless eth becomes more valuable
are you retarded?

if eth would have the same market cap as bitcoin currently it would only cost 100dollars for 1 eth coin


fucking retards with 0 knoqladge like you spewing shit like they know what's up
>>
>>1877986
you forgot 4

4. Dump your useless BUcoins and double your BTC holdings for free as you watch the BU meme die
>>
>>1877889
how to buy 1 milion dollar bitcoin
>>
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>>1877889
this "hardfork" is a complete meme floated by eth shills etc. other cryptos will never overtake bitcoin. bitcoin has infra, bank cards, btc atms, you can shop online with bitcoins, buy stocks, everything you can do with usd or euro.

and btc is the only crypto offering those. btw shooting back up as we speak
>>
>>1877889
>Will users be able to spend coins on both chains after the fork has occured?
so basically my money will double itself?
>>
>>1881713
The amount will, but it's unlikely that the value will. The price of bitcoin is determined by supply and demand on the exchanges. Doubling the supply is unlikely to magically cause a doubling in demand.

See >>1880149 for more food for thought on what may happen.
Thread posts: 11
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