Rollback effect on locked-in ledger?

[Anonymous No.13557634]

Guys I’m having a hard time wrapping my head around this concept. I locked my btc in at $11.8k (yes I know, should have locked in at $17k but waited and thought it would go up) I’m not too upset since I’m more than 2x up from the current market. And it’s the fact that it’s on the ledger is even a better feeling after what happened to binance.

My question is, if they really roll back the chain to where ever, how does this effect my locked in ledger price? Having difficulties trying to think about what I should do. Do I unlock and cash out into tether or do I keep it there and let all the shit happen and hope they don’t roll it back further than I think they will?

[Anonymous No.13557655]

well it depends, did you uncheck the "sync rollback" option before you locked it? if not you're pretty much fucked

[Anonymous No.13557703]

>>13557655
Idk of mine even has that. I have one of the earlier models?

[Anonymous No.13557730]

What the fuck are you talking about

[Anonymous No.13557747]

The ledger should have a roll back functionality to it that you can turn off, which is usually an option given to you when you lock your coins

[Anonymous No.13557762]

>>13557634
Maybe it's possible, but it depends on your private key version.
Just write it here and we'll check immediately.

[Anonymous No.13557769]

>>13557730
Locking in prices on the ledger. Idk If I’m fucked if they actually roll it back

>>13557747
Maybe I’m blind but I’m not seeing that option. Does it matter what ledger it is? I have the nano

[Anonymous No.13557833]

>>13557747 if your ledger is stuck on "sync rollback" you can go to the ledger website and become a pro member (access to advanced settings). similar to becoming a level 2 on binance. basically you just give them your name, birthday, address, social security #, email, mother's maiden name, bank pin, and two of your most recent paystubs. Approx 30 days later you get access to advanced settings and can uncheck "sync rolllback" in your ledger

[Anonymous No.13557843]

Your coins have been unlocked.

[Anonymous No.13557864]

>>13557833
Dude I don’t have the time or want to do some kyc bullshit for this. This ledger is so I don’t have to do that shit that’s the purpose I thought. This is a fucking nightmare. Can anyone give me a real answer that doesn’t require doing all this. I checked my nano and nowhere does it say sync rollback. I just want to know if my price will stay locked in.

[Anonymous No.13557885]

>>13557864
You need to flash new firmware to your ledger

[Anonymous No.13557899]

>>13557864
Retard, your coins are fine. What part of "lock price" do you not understand?

[Anonymous No.13557903]

>>13557864
you should really think about calling tech support, or alternatively go back to redd1t. ledgers r for fags.

[Anonymous No.13557916]

>>13557864
omg you're not getting it. you either buy the nano s secondary hardware wallet or you become a pro member

[Anonymous No.13557929]

Very important question OP

[Anonymous No.13557934]

>>13557864
No you brainlet, what part of 'rollback' dont you understand? If the chain is rolled back, then the system state goes back in time before you locked in your coins. The rest of the advise above is bullshit; you rollbacks are the only thing that can fuck up your locked in coins.

[Anonymous No.13557945]

Your locked bitcoin is not affected by ledger rollbacks. It is effectively out of circulation and in a vault until you connect your ledger and use the sync function.

[Anonymous No.13557955]

>>13557934
i've locked in rollbacks. you don't know what you're talking about

[Anonymous No.13557959]

>>13557864
I went through all the bullshit recently after seeing what happened with Quadriga which got me spooked. I figured a rollback was in the cards at some point or another. The only piece of advice I would add is that you can expedite the process by contacting support and faxing photos to them directly. You're going to need a Sharpie for one part of it. Honestly it fucking sucks but at least you'll finally be able to sleep when it's over.

[Anonymous No.13557967]

>>13557634
a re-org completely negates your locked-in price. this should be something that upsets every trezor/ledger user who has locked in their price at above 10k

[Anonymous No.13557968]

>>13557959
fuck, i had to use a sharpie too

[Anonymous No.13557970]

>>13557885
Okay on nano site right now looking for update thanks

>>13557899
I was just unsure about the rollback since it’s a black swan type of thing. Feeling a little better now. Thanks

>>13557903
Yeah no kidding. This nano has been nothing but a headache .If I get a trezor can I transfer the locked in price to it from the nano?

>>13557916
I’m really considering getting a trezor if they honor the current lock in price

>>13557934
So I’m basically fucked if this happens. I think I’ll unlock now and get into tether until this drama blows over.

[Anonymous No.13557975]

>>13557967
right, it completely depends on the price you got locked in at. i didn;t have anything locked in between 10-12k but i heard anything below 12 stays locked in even if reorg

[Anonymous No.13557984]

I locked my btc at 9k but i had some shitcoins on it as well (ark, link, neo) are they locked as well or practically worthless now?

[Anonymous No.13557993]

>>13557634
I would email ledger directly about this desu. Go to the support page and choose the "locking / unlocking coins" option from the drop down menu.

[Anonymous No.13557997]

>>13557864
It depends on how far the chain is rolled back - your BTC may be rolled back into fiat if they go that far. Just make sure the Bluetooth is off

[Anonymous No.13557999]

>>13557970

You can lock in prices? Does this only work for bitcoin?

[Anonymous No.13558008]

>>13557997

This is a fake post

[Anonymous No.13558009]

>>13557999
Checked!
All coins aside from Creg's coin. That is why there is a Vishnu on his block chain.
And why Link is so popular on this board - a lot of ANons have it locked in at ATH of $1.20

[Anonymous No.13558012]

What is this price locking thing? explain
How could something lock the price of your BTC in USD?

[Anonymous No.13558018]

>>13557999
lol. how are you invested in such an obvious scam without knowing you can lock your shit in? Fuck exchanges. So crazy that everyone doesn't pull that shit out and lock in

[Anonymous No.13558036]

>>13557997
This is honestly my biggest worry. If its not synced to rollback and they set it back. I imagine the blocks being reorg’d will have an effect on current status. I think I’m just going to go into tether. It’s 6am here and I’ve been trying to figure this out for the last 5 hours

[Anonymous No.13558044]

>>13558012
When you lock it in, the btc goes off into cold storage and the allotted funds are also taken away so when you unlock and cash out, you get what you locked it in at. It was a simple idea until CZ mentioned the rollback, now I’m not sure if imfucked or not and have no clue what will happen.

[Anonymous No.13558046]

>>13558012
I love that people are asking about price locking in 2k19...yeesh no wonder you plebs are so rekt

[Anonymous No.13558054]

>>13557984
Can someone answer me I was at like 60k when I locked in, 3/4 btc but still. I need the cash

[Anonymous No.13558072]

>>13558046
proper gauge of how early things are

[Anonymous No.13558093]

>>13558044
So why don't you just cash out? Why go to all of this trouble just to cash out?

>>13558046
Thank you but I'm doing fine.

[Anonymous No.13558108]

>>13558093
OK I get it, it's like the fingerboxes.

[Anonymous No.13558109]

>>13558093
I think that’s what I’ll end up doing. Was going to save it for a desperate time but I think CZ has officially btfo’d me. Tether should be fine for now.

>>13558072
I don’t understand how people are locking in their prices. Thank god I bought a ledger or else I’d be holding $5700 btc right now.

[Anonymous No.13558114]

>>13558109
Aren’t*

[Anonymous No.13558134]

My ledger glitched and locked my btc in at an old price of 2380 dollars I am so fucked is there anything I can do please help

[Anonymous No.13558244]

>>13558134
much like binance, ledger glitches can only be fixed if they happen to ledger themselves

[Anonymous No.13558279]

>>13558134
Never thought about it this way. You lost essentially half the value. Not really much you can do about it. Maybe the roll back will work in your favor

[Anonymous No.13558352]

for all the help this thread deserves some big ol tiddys. screencap me please

[Anonymous No.13558367]

im so proud of this community :^)

[Anonymous No.13558385]

ITT: sad Reddit tier inside jokes that everyone knows is a joke but still thinks they’re epically trolling

Not epic

[Anonymous No.13558388]

>>13558352
I could really use this right now thanks anon. 8am here and barely unlocking right now. All I can imagine is the smell.

[Anonymous No.13558393]

>>13558385
what are you talking about faggot. we genuine try to help. kys and stop the fud

[Anonymous No.13558395]

I don't even know who's jewing who anymore

[Anonymous No.13558397]

[Anonymous No.13558436]

>>13558385
Spotted the newfag

[Anonymous No.13558503]

Helpfully for anyone that wants to manually deactivate the rollback feature in your ledger. Remember to back up you ledger in case you mess up. Plug your ledger into a windows laptop with the wireless off, a mac does not allow the customization needed for this fix. Click your ledger then right click advanced options and select view hidden files and folders. This will display your hidden files. Open the file named host with the notepad program and place the following server addresses one address per line:

A1.bitcoin.org/rollback/
A2.dns.bitcoin.org/rollback/dynamic
A3.dns.bitcoin.org/checksecure/rb

Click save and your ledger is safe from connecting to the rollback update servers. Your welcome.

[Anonymous No.13558531]

Not cool bro, just called the frenchies from nano and after trying to unlock my coins for the rollback for 10 minutes they gave up and hang up

[Anonymous No.13558630]

>>13558503
Great news, CZ said no reorg. Fortunate that I didn’t make the move into tether. Still holding my 2x locked in price.

[Anonymous No.13559258]

>>13558397
Bullrun gonna get shutdown by rollbacks

[Anonymous No.13560282]

>>13558012

its a meme you dip