I think it's fun to spend bitcoin on something like this. And I did. Otherwise HODL...

Nope - u don't have to enter in the private key of the receiving paper wallet to send the coins there. You just send the funds to the public key of the paper wallet and away you go! Enter in the public key of your paper wallet on Blockchain to see that the funds got there.

Sent!

Welcome to my ignore list, mah87.

Creating and loading the wallet -

1) Save to your hard drive the bitaddress.org URL for generating BIP-38 encrypted paper wallets.
2) Create a LINUX LiveCD for booting from a flash drive for a fresh, offline OS.
3) Disconnect computer from the internet, boot into LiveCD, and generate an encrypted paper wallet via the bitaddress.ord URL (running standalone). DON'T LOSE YOUR PASSWORD!
4) Save the wallet off as a PDF and also print multiple copies. Since it's encrypted, you can have a few copies and keep them multiple places and the PDF will also be available if the paper fades or is destroyed.
5) Reboot regular OS and head out to the exchange.
7) Send your bitcoin to the public key of your paper wallet, starting with a small amount and confirming it got there via blockchain.info.

Getting bitcoin back out of the wallet -

1) Using the block chain website or app on an android tablet, scan the encrypted private key of the paper wallet (I could also use the bitaddress.org code offline to decrypt it manually).
2) The app/site will ask for the key you used to BIP-38 encrypt the private key - type in the password used to encrypt it and the wallet's bitcoin will be accessable to send/spend.
3) Sweep the wallet into your blockchain online wallet. (Important since you must spend all coin in a paper wallet at once or risk losing the "change".)
4) Send any bitcoin that you don't want to keep in a hot wallet into a new paper wallet, created in the same way you created the first one. You can create multiple paper wallets at once above, so you can create a bunch at once and just move your change to the next paper wallet in the list.

$2400 - still a solid profit.

It's a pretty damn good time to buy. Tons of bad stuff priced in - it's not going to get too much crazier than what we've just seen with Gox.

$942 after a big crash - still some solid profits...

U are fucked.

You look at the graphs and it's easy to see we could go 6 months horizontal - especially if it takes that long to get any info out of Gox.

If the public key and private key are also there in text you just need those - the QR codes just represent those two key's...

Coins are back at Coinbase - just picked up a bunch at $520. Sweet...hopefully.

WTF Coinbase?!?  "Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Feb 28, 2014 at 06:46PM CST after your funds have arrived."

Great post, ISAWHIM! Thanks!

I think someone is trying to keep it at 666 for fun. Evil!

I recommend you go to https://www.bitaddress.org/ and create a BIP38-encrypted wallet - then you don't have to worry so much about hiding the wallet. Just don't forget your password!

This is what I am doing:

Creating and loading the wallet -

1) Save to my HD the bitaddress.org URL for generating BIP-38 encrypted paper wallets.
2) Create a LINUX LiveCD for booting from a flash drive for a fresh, offline OS.
3) Disconnect computer from the internet, boot into LiveCD, and generate my encrypted paper wallet via the bitaddress.ord URL (running standalone).
4) Save the wallet off as a PDF and also print multiple copies. Since it's encrypted, I can have a few copies and keep them multiple places and the PDF will also be available if the paper fades or is destroyed.
5) Reboot regular OS and head out to the exchange.
7) Send my bitcoin to the public key of my paper wallet, starting with a small amount and confirming it got there via blockchain.info.

Getting bitcoin back out of the wallet -

1) Using the block chain app on my android tablet, scan the encrypted private key of the paper wallet (I could also use the bitaddress.org code offline to decrypt it manually also).
2) The app will ask for the key I used to BIP-38 encrypt the private key - type in the password used to encrypt it and the wallet's bitcoin will be accessable.
3) Sweep the wallet into my blockchain online wallet.
4) Send any bitcoin that I don't want to keep online into a new paper wallet, created in the same way I created the first one (might not be necessary - see 3).

Up! Possibly down.

If the largest holders of bitcoins decided they wanted to stabilize the market, this is what it would look like. Coins quietly coming into the marketplace anytime the price looks to be rising significantly above $800. It's good for them, good for bitcoin, and bad for speculators. At some point their supply will dry up - then it's showtime!

Thanks! Great response.

Hi all - I have a paper wallet with a bunch of bitcoin, and I just want to send a little to my online blockchain wallet.

If I do this, and correct me if I am wrong, blockchain just sends the "change" back to my original paper wallet. Everyone says you shouldn't do this, but I don't really understand the risk. Everyone can see the public key of my paper wallet the second I load it, so why is there a risk in sending the change back to the same paper wallet and having my public key made public twice?

thanks!
dan