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Showing 6 of 6 results by psyberkat1100
Thanks, i did read a bit ago how to do the raw transaction, looked like it was all via CLI, but for ease of use i wanted to use electrum, i figure if its easier theres less chance of it going wrong.
Since you have the blockchain, it can be done in the GUI while offline in a very straightforward way:- Just create the transaction as usual in your 'Send' tab until you send it to your own mempool, but you'll have to set a custom fee via "Choose..." since fee estimation wont work.
It's in BTC/vkB by default so convert the decimals. (the default is set to a value equivalent to 1sat/vB) - After that, go to your 'Transactions' tab, find the just-created unconfirmed transaction, right-click and select "Copy raw transaction".
- You can then broadcast that to an online Bitcoin Core, Electrum or other push transaction tools.
thanks for this, i didnt realize it was this easy! hah. Its another option ill keep in mind for future reference. i like options.
⭐ Merited by LoyceV (4)
I would prefer to choose Ubuntu or any open source OS, but if you do the first step successfully, then 2,3,4 steps are correct.in Electrum import the private key with this command: p2pkh:<<private key1>>
Thanks, As much as i do want to use Ubuntu and i could use it, i feel very familiar with windows and its much easier and less of a learning curve just to move funds to HW wallet. allthough i still see a security risk on the offline pc if im throwing in a usb, im gonna try the photo methods for the qr codes and see how it goes once setup.
1 - (offline pc)- fresh install windows, install bitcoin-qt, download blockchain
~
2 - (online pc) - download and verify electrum, install electrum, setup watch only wallet
Since you downloaded the blockchain already: you can create a transaction from Bitcoin Core, and copy the raw transaction from your offline PC to your online PC for broadcasting. Enable Coin Control in Bitcoin Core, and make sure no change is sent to a new address (if you do, that address may or may not be included in your old backup).~
2 - (online pc) - download and verify electrum, install electrum, setup watch only wallet
Using Electrum should work too (see my earlier post), but in that case you didn't have to download the full blockchain. Keep track of change amounts: if you don't spend the full amount, make sure you send it back to your own address.
You'll also own Fork coins, but don't do anything with them as long as there's Bitcoin on your addresses.
Thanks, i did read a bit ago how to do the raw transaction, looked like it was all via CLI, but for ease of use i wanted to use electrum, i figure if its easier theres less chance of it going wrong.
And yeah i understand i didnt need to D/L the blockchain haha. i could of just dumped the keys, but since this pc is now going to be offline forever i figured i might as well get the blockchain on there for future use if i wanted it
.Yeah im moving the BTC first than ill check other coins.
⭐ Merited by Pmalek (2)
Hi All,
So I'm looking to transfer some coin from an old bitcoin-qt wallet (from 2013) to a Trezor for easier spending and safe storage. Im looking to do this in the most secure way possible, airgapped. I'd love to know if the below would be the most suitable way to go about doing it and id love to hear if theres any suggestions on better ways to do this or if i got something wrong.
I did check this video out and feel that its just replacing the phone part with an online pc. https://www.youtube.com/watch?v=ixnTZDZ0-yk
1 - (offline pc)- fresh install windows, install bitcoin-qt, download blockchain, take offline, take out wireless card, disable all radio's in bios and cover rj45 port, than copy wallet file to offline pc and check wallet still has some coin. (already done all these steps)
2 - (online pc) - download and verify electrum, install electrum, setup watch only wallet on the wallet addresses from bitcoin-qt. create a new receive address on a previously created trezor wallet. create a transaction from electrum on the online pc to send bitcoin to this trezor wallet.
3 - (offline pc) - install electrum, dump private key from bitcoin-qt wallet for address wanting to send from, import that private key to electrum, sign the transaction that ware created on the online pc. and use camera method to sign transaction
4 - (online pc) - broadcast the transaction.
5 - (online pc-Trezor) - check Trezor has a balance.
6 - done?
So I'm looking to transfer some coin from an old bitcoin-qt wallet (from 2013) to a Trezor for easier spending and safe storage. Im looking to do this in the most secure way possible, airgapped. I'd love to know if the below would be the most suitable way to go about doing it and id love to hear if theres any suggestions on better ways to do this or if i got something wrong.
I did check this video out and feel that its just replacing the phone part with an online pc. https://www.youtube.com/watch?v=ixnTZDZ0-yk
1 - (offline pc)- fresh install windows, install bitcoin-qt, download blockchain, take offline, take out wireless card, disable all radio's in bios and cover rj45 port, than copy wallet file to offline pc and check wallet still has some coin. (already done all these steps)
2 - (online pc) - download and verify electrum, install electrum, setup watch only wallet on the wallet addresses from bitcoin-qt. create a new receive address on a previously created trezor wallet. create a transaction from electrum on the online pc to send bitcoin to this trezor wallet.
3 - (offline pc) - install electrum, dump private key from bitcoin-qt wallet for address wanting to send from, import that private key to electrum, sign the transaction that ware created on the online pc. and use camera method to sign transaction
4 - (online pc) - broadcast the transaction.
5 - (online pc-Trezor) - check Trezor has a balance.
6 - done?
Thanks the the replys all ,appreciate your comments.
I think selling the coin and having to post is going to create to much risk for me personally, especially without insurance, potential of getting lost in the post etc.
If i found a buyer in Aus i may sell, depending on the premium it catches, it would be easy for me to fly to a location in Aus for delivery and receive funds.
And i agree with blucepheus, these coins are stunning.
There is the possibility of peeling the coin too to keep the funds secure, say if the secure location i keep it - burns down or has a extreme event (flood) at least i can keep the digital coin safe.
I'd really like to keep it unpeeled though, it gives it more beauty this way, it holds a secret, which makes it super special.
I think selling the coin and having to post is going to create to much risk for me personally, especially without insurance, potential of getting lost in the post etc.
If i found a buyer in Aus i may sell, depending on the premium it catches, it would be easy for me to fly to a location in Aus for delivery and receive funds.
And i agree with blucepheus, these coins are stunning.
There is the possibility of peeling the coin too to keep the funds secure, say if the secure location i keep it - burns down or has a extreme event (flood) at least i can keep the digital coin safe.
I'd really like to keep it unpeeled though, it gives it more beauty this way, it holds a secret, which makes it super special.
You couldn't be more on point with that OP, the secret that lies there in that coin is worth quite a pretty penny! I wonder what denomination of the coin you have or if you can share any pics via a link? Posting pics are sort of tricky to do on here. Would love to see this beauty. As for the story of how you came across it I wonder what subreddit thread was that? I think its awesome you were a part of that, good luck on your sale!!
yes the secret is worth a pretty penny,
Heres a some pics of the coin.
https://imgchest.com/p/vj4j3qbwey8
https://cdn.imgchest.com/files/p7bwcop3ak7.png
https://cdn.imgchest.com/files/w7pjco2bzz7.png
yeah i brought it so long ago i *think* it was on reddit, i went through all my reddit history to try and find the details and its not there, maybe it was in a old account i had. but yeah i was lucky to be part of it. i remember years ago i was heaps proud of it, showing people, even my parents and they were like "be careful sounds like a scam". I even took it to work and showed colleagues when the price was around around $300. now its my best kept secret.
1) This question depends on how you value the coin. I’ve always valued things I buy in USD along with the rest of the world. Casascius coins are no different. So while it’s cute to talk about when to get the most BTC premium, taxes and reality would dictate you value it in USD and I’d recommend trying to get the most USD possible when selling. The number one factor in how much $ you get is the Bitcoin exchange rate and this is why peeling can be better than selling at a premium because you have more control over when you cash out and no risk of shipping.
2) I’d recommend keeping them at a bank out of state. Downsides being you’ll never see them and definitely won’t ever show anyone. You don’t want easy access to your Casascius coins.
3) Grading has historically been pretty worthless. They can’t spot fakes and their grades are all over the place. If you resubmit a coin it will get a different grade the second time. Not to mention more hands on it and more shipments is never a good idea. I am a minority in this view, but I would recommend avoiding grading.
4) Selling on the forum with escrow is the preferred method historically. I’ve escrowed dozens over the years and never had an issue, but shipping is always scary. Auction houses are also becoming a popular option, but the fees and swings in BTC price can make this option worse than just peeling.
2) I’d recommend keeping them at a bank out of state. Downsides being you’ll never see them and definitely won’t ever show anyone. You don’t want easy access to your Casascius coins.
3) Grading has historically been pretty worthless. They can’t spot fakes and their grades are all over the place. If you resubmit a coin it will get a different grade the second time. Not to mention more hands on it and more shipments is never a good idea. I am a minority in this view, but I would recommend avoiding grading.
4) Selling on the forum with escrow is the preferred method historically. I’ve escrowed dozens over the years and never had an issue, but shipping is always scary. Auction houses are also becoming a popular option, but the fees and swings in BTC price can make this option worse than just peeling.
Im glad you said that grading is worthless, i was really considering it early on before i started looking more into selling it. way too risky now. and yeah ive read reports of people getting different results. if/when i sell the pics will need to be enough.
Yeah peeling is a option, but if i could get around ~>.25 extra on it (at current price ) i would sell (to someone in Aus), if less than that i think peeling would be my go.
Safety would be a concern, but that could be managed for sure.
Gotta join the cause to bulk up the muscles alongside the wallet.dat.
https://bitcointalk.org/index.php?topic=5484350.0
I don't think safety would be that big of a concern really. Nobody would know that you have the coin except the buyer and seller, who each have a reason to want things to go smoothly. Not to mention if it were done in airports then security would be provided for free by Uncle Sam. You'd just have to make sure not to do something stupid and lose the coin while you're on the airplane. Perhaps avoid in flight naptime.
yeah if i fly with it I'm gonna be so nervous!. like which pocket to put it in yo!.
Thanks the the replys all ,appreciate your comments.
I think selling the coin and having to post is going to create to much risk for me personally, especially without insurance, potential of getting lost in the post etc.
If i found a buyer in Aus i may sell, depending on the premium it catches, it would be easy for me to fly to a location in Aus for delivery and receive funds.
And i agree with blucepheus, these coins are stunning.
There is the possibility of peeling the coin too to keep the funds secure, say if the secure location i keep it - burns down or has a extreme event (flood) at least i can keep the digital coin safe.
I'd really like to keep it unpeeled though, it gives it more beauty this way, it holds a secret, which makes it super special.
I think selling the coin and having to post is going to create to much risk for me personally, especially without insurance, potential of getting lost in the post etc.
If i found a buyer in Aus i may sell, depending on the premium it catches, it would be easy for me to fly to a location in Aus for delivery and receive funds.
And i agree with blucepheus, these coins are stunning.
There is the possibility of peeling the coin too to keep the funds secure, say if the secure location i keep it - burns down or has a extreme event (flood) at least i can keep the digital coin safe.
I'd really like to keep it unpeeled though, it gives it more beauty this way, it holds a secret, which makes it super special.
Hi All,
Many years back I was part of a groupbuy on reddit whereas we brought some Casascius coins direct from the original site. Now BTC has significantly risen i have thoughts on selling the coin. Having a coin of this value - in any location - feels like a too big risk to me, esp with how much its worth. I'm curious on knowing some opinions and views on the following.
1 - Looking towards future view - bitcoin's price goes up, so if i sell it now and than in 12 months the price rises again, than offers might be less due to btc had risen. Does anyone think there is anypoint whereas it would be worth holding the coin?. I can only see with time it being worth ""less" in btc so its making me have thoughts of selling it and soon before more rises happen.
2 - if you have one - where do you safely store it? do you show friends?
3 - Grading - Ive looked into PCGS grading, I live in Australia, so it would need to be posted. bitcoin is currently $105,000 AUD, so shipping insurance quotes so far have been 5%, which is more than 5K. is it worth me going through a few months grading process to sell?. i suspect if i can take some good enough pictures i can sell it without having it graded.
4 - Sale - If i do decide to sell - how is insurance handled?, I suspect this would be costly. Doing a bit of looking on this forum it looks like minerjones would be the one to contact for escrow, but i honestly would feel better trading the coin in person (with escrow to would be fine). Is there any Places in Australia whereas i can sell this safely? I've called many "coin" Traders and they are all old and say "we dont deal with cryptocurrency".
Also im unsure if this is the correct location to post, wasnt sure the best place.
Many years back I was part of a groupbuy on reddit whereas we brought some Casascius coins direct from the original site. Now BTC has significantly risen i have thoughts on selling the coin. Having a coin of this value - in any location - feels like a too big risk to me, esp with how much its worth. I'm curious on knowing some opinions and views on the following.
1 - Looking towards future view - bitcoin's price goes up, so if i sell it now and than in 12 months the price rises again, than offers might be less due to btc had risen. Does anyone think there is anypoint whereas it would be worth holding the coin?. I can only see with time it being worth ""less" in btc so its making me have thoughts of selling it and soon before more rises happen.
2 - if you have one - where do you safely store it? do you show friends?
3 - Grading - Ive looked into PCGS grading, I live in Australia, so it would need to be posted. bitcoin is currently $105,000 AUD, so shipping insurance quotes so far have been 5%, which is more than 5K. is it worth me going through a few months grading process to sell?. i suspect if i can take some good enough pictures i can sell it without having it graded.
4 - Sale - If i do decide to sell - how is insurance handled?, I suspect this would be costly. Doing a bit of looking on this forum it looks like minerjones would be the one to contact for escrow, but i honestly would feel better trading the coin in person (with escrow to would be fine). Is there any Places in Australia whereas i can sell this safely? I've called many "coin" Traders and they are all old and say "we dont deal with cryptocurrency".
Also im unsure if this is the correct location to post, wasnt sure the best place.