Post
Topic
Board Marketplace (Altcoins)
Re: IOTA Crowdsale
by
AltcoinScamfinder
on 02/12/2015, 16:05:32 UTC
So, if I were to buy these using blockchain.info... I would have to:

  • use the current version (NOT the next one at alpha.blockchain.info)
  • create a new wallet
  • go to "Receive Money" and transfer some bitcoin to the address in there
  • go to "Send Money"
  • choose "Transaction Type" "Custom"
  • select the same address for the select boxes "From:" and "Change Address:"
  • paste IOTA Crowdsale address in the "To:" field
  • enter the amount of BTC to buy, it must be less than the total available btc on that address, because I will have to save some (I don't know, 0.01 maybe?)  for step 3 plus miners fees
  • click "Review Payment"
  • click "Show Advanced"
  • veryfy that the same address from "Inputs" is listed on "Outputs" with enough money for step 3 (I am guessing 0.01 btc is more than enough)
  • click "Send Transaction"
  • go to "Import/Export"
  • choose "Paper Wallet" and print (to be able to import the private key somewhere else in case blockchain.info migrates to alpha.blockchain.info or shuts down before step 3)
  • choose "Export Unencrypted" then "Bitcoin-QT format" and copy the JSON somewhere just to be extra safe
  • pray for blockchain.info to exist and to still have the "Transaction Type" "Custom" in the future
  • when the time for step 3 arrive, use "Transaction Type" "Custom" option to send the specific amount required in step 3 from the same address that I used as Input and Change Address on the previous transfer

Is the procedure above correct? Did I missed something? Smiley

Looks too complex. I prefer this one:

1. Send some amount to buy iotas
2. Send all money to the account where the coins has gone from
3. Send tiny amount to prove the ownership

Ok so if I want to invest I can simply:

1. Create a new wallet at blockchain.info
2. Send whatever BTC I want to invest to this wallet
3. Send All the BTC except for 0.01 or so to the Crowdsale address
4. When the time comes, send the specified micro amount to verify ownership.
5. Thats it?