Bitcoin Forum

extended from - https://bitcointalk.org/index.php?topic=578776.0

Using the 'bitcoind' command line program is it possible to withdraw from a cold wallet as long as you have the private key such as:
What is the correct command/context to use and where do i supply the private key?

And...
If inside of my source code script I was to supply the private key such as:
and then ran it through a compiler so it cannot be reverse engineered and read (or at least is very difficult), then would this be a good solution to prevent hackers that access the server from spending funds from the wallet yet still allow me to automate it?

Thanks in advance :)

This is not a cold wallet.

This is a hot wallet.  You have your definitions mixed up.

A cold wallet is not connected to the internet.  It is not possible to "automate" the spending of funds from a cold wallet.

it's not so simple. if you want to create a transaction with a private key that's not in the wallet, you'll need to use the raw transactions api.

security through obscurity. what could possibly go wrong?

Thanks to the both of you :)

I don't understand why it isn't possible but I'll take your word for it and press on any way. Shame though :(

Many thanks as always :)

You could do all the automation you want on a cold wallet, but nothing will ever come of it because you're not connected to the internet.