Post
Topic
Board Development & Technical Discussion
Re: Locking a wallet so I can't withdraw coins
by
findftp
on 12/07/2016, 19:20:47 UTC
I'm not really sure if this should go here or off-topic, but I think it should be here  Cheesy

I was wondering if there's a way I could deposit bitcoins to a wallet, address, and I wouldn't be able to withdraw them until I reach a certain sum
I'd like to start a fund to save money for a car, however, I always end up spending my money instead of saving it  Cheesy
Is there a way to set something up, where I could be able to withdraw the coins only when the balance of the wallet reaches 10BTC or something like that?
For example, generating a password that would be given to me once the balance hits 10 or something like that  Cheesy

You're probably interested in checklocktimeverify
I think in the future we'll see wallets with a feature to lock your funds for a certain amount of time.
I'm not sure if a certain balance could unlock it though.

I dont think there is a wallet like that. Hahah Cheesy not sure but I've never heared one before. Maybe what you can do is contact the support about that so they can make some adjustments in their platform. But I think it will take some time before they can do that. Another thing you can do is if you have a wife, ask her to create a wallet and she will keep your BTC until it reaches to your goal price whis is 10BTC hahaha Cheesy Just a suggestion Tongue

Multisig could be helpful.
Create a multisigwallet where 2 keys are needed to unlock the funds.
Or, 2 out of 3, or anything else.