Bitcoin Forum
May 28, 2024, 04:00:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Is it safe/dangerous to sell if the wallet gets to valueable on: November 14, 2019, 09:59:24 PM
Ok I will probably not send my coins to a mixer.
What is the next best suggestion? Perhaps to bounce it with an exchange?

witch wallets have the option to create a new address when you send the transaction that doen't point back to the wallet address?

2  Other / Beginners & Help / Re: Is it safe/dangerous to sell if the wallet gets to valueable on: November 13, 2019, 10:29:10 PM
I got some more question about splitting up my wallet

I see several times in this thread that I should "change addresses every time I make a transaction". Does this mean that I should use a new address when I RECEIVE coins to my wallet? Because the receiver when I send will always see how mutch btc there is in the wallet no matter how I do with new addresses?

A suggestion I have is:
1. Send all btc's to an non KYC exchange
2. send ~0.1 btc to a NEW wallet" X amount of times

The only one that can see the total amount of btc I have is the exchange. Perhaps includeing samouraiwallet between step 1 and 2, but I don't really know if it makes any difference?

Another good option is to send the coins to a mixer to make it more anonymous.
But I'm a bit unsure of this alternative because I want to have the option in the future to show that I sent that coin from A -> B (I own wallet A and B). With a mixer it will be A -> "mixer" -> B and can I show any prof that the transaction from the mixer original was "my coins"? Say if eg. the IRS want me to explain all of it and they only see a transaction from the mixer -> B and that they don't belive that it only was a transaction from A. Perhaps a bad example but I hope you got the point of maybe avoiding a mixer..

Never said that in the first post but if I sell my coins to fiat it will only be on a KYC exchanges (even so, I don't want them to see how many coins I have). Or if I buy something with my coins, I dont wan't them to see how mutch coins I have or give them the ability to follow the transaction to the wallet I have now with all my coins. It's the reason why I think it will be a good option to bounce it to a non KYC exchange.
3  Bitcoin / Armory / Re: btcarmory or bitcoinarmory on: October 12, 2019, 05:31:21 PM
bitcoinarmory.com - old

btcarmory.com - new


use btcarmory.com

Is it only an old web page or is it the software as well?
4  Bitcoin / Armory / btcarmory or bitcoinarmory on: October 12, 2019, 10:20:19 AM
Is there a difference between btcarmory.com and bitcoinarmory.com? Does it metter where I download their software?
5  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 14, 2019, 07:48:03 PM
Ok. Started to wounder about my backup device (model one) that I probably don't need it since it's so easy to restore it on electrum. I haven't decided yet but what is your take on a backup device?

Trezor T is my "daily driver" because of its enormous screen and passphrase entry. I use Trezor One as a backup since I got it for free for helping out with Trezor web interface translation. It's small so it is fairly easy to hide. Anyway, if something happened to my Trezor T, I would buy a new one. I have some coins on my phone (Samourai wallet) just in case I needed some money.

I also had Ledger Nano S and Nano X. I guess I'll stick to Trezor and Electrum if I ever need to recover my wallet. You should be fine with Electrum if your device breaks or gets lost, but don't import your seed there unless it happens.

Awesome, thanks for all help! If you have a refer link, I'll use it.
6  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 13, 2019, 07:42:04 PM
Ok. Started to wounder about my backup device (model one) that I probably don't need it since it's so easy to restore it on electrum. I haven't decided yet but what is your take on a backup device?

7  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 13, 2019, 06:49:14 PM
I saw a video and he said that it was only possible to labeling the transaction if you was connected to dropbox. What do you guys say about that? Doesn't sounds as something that you want to share with them..
8  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 11, 2019, 09:04:06 PM
I couldn't find anything about this in trezors Ordering and shipping FAQ.. How does the package look like? Can the postman see that it is from trezor?

The label on the shipping package will obviously state that it was sent from the TREZOR HQ. Trezor One box has two seals while Trezor T should have one on its USB-C port. Both devices should come without any firmware installed. You should be prompted to download it from the official Trezor website. Here you can see how the holograms should look like.

Ok the label is one thing but the main package with the trezor should be in another package? Have you all made an order to your home? It's like saying that you wil have some coins at home..
9  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 11, 2019, 08:40:42 PM
By the way, is it possible to play around with the model T before setting up my real wallet? As long as I don't enter the pin incorrectly to many times...
10  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 11, 2019, 08:34:03 PM
I couldn't find anything about this in trezors Ordering and shipping FAQ.. How does the package look like? Can the postman see that it is from trezor?
11  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 10, 2019, 07:32:07 PM
Each password in trezor is a new wallet with a new private key? But the good thing with the seed is that it restore all of my wallets? However I still need to know the passwords?

What do you mean by a password? A passphrase? Every time you enter a different passphrase, you get a different wallet. You will have to know the seed and the passphrase to access your coins in case you lost your wallet. Trezor does not store passphrases so they need to be entered after the PIN. You can learn more about passphrases here.

In case I need to restore it on electrum and I have a second wallet with passphrase. Is it then easy in electrum to get access of my wallets with passphrases?

I'm not useing my coins so I don't really need segWit. But it's allways nice to have the possibility to do it since it's so expensive (or it was?) to send.

You should at least consider using nested SegWit (addresses starting with 3). Both of these wallets and all services support it. You will save a little on fees in the future. Fees have been low for a long time now.

Ok I'll sure do that!

Is it possible to have 2 wallets without any passphrases? And how do you guys solve the problem if you die and your family find the seed and they need to know the passphrase(s) to access your funds? Do you store that in a different location?

Only so I understod this correctly...
If I have the device I need the pin to get into it. Inside I need my passphrases to get access to my wallets? If I buy another trezor I can use the same recovery seed to get access to the wallets with the same passphrases? and the pin on the first device isn't included in the revovery seed and it isn't needed here?
If I or anyone else only have the recovery seed then they need to know the passphrases do get access to the wallets, and that is possible to restore in electrum (or another wallet supporting BIP39)?

If you think Trezor is better choice go for it, you can always try Ledger in future. Maybe you can also consider to move your coins completely offline to paper wallet (be very careful if you ever do this), since you say "I'm a hodler".

I don't understand, what is the difference if I have paper wallets and say "I'm a hodler" compared to if I have hardware wallets and say "I'm a hodler"?



12  Bitcoin / Hardware wallets / Re: I'm buying a hardware wallet on: September 09, 2019, 09:10:36 PM
Is there any other disadvances that I should think of before buy a it compared with other hardware wallets?

You should take a look at this vulnerability. You can mitigate it by using a long passphrase. Unlike Ledger, Trezor does not generate native SegWit addresses (the ones starting with bc1) in the official web interface. You will have to pair your wallet with Electrum to use them. Ledger is mostly focused on adding altcoins while Trezor has just implemented Shamir Backup. Please note that it's only supported by Trezor T. Trezor has a much better implementation of multisig than Ledger (you will see all inputs and outputs properly).

I have both Trezor One and Trezor T so I can answer any of your questions.

In case that I want to use "shamir-backup" it it then useless to buy a model one as a backup unit? Or is it possible to genereate a "normal seed" and restore it in model one and use "shamir-backup" as well? Is it possible to restore it to any wallet with "shamir-backup" (beside trezor T)? In other case it whont be any good to use "shamir-backup" if I doen't have a model one as a backup unit?

Each password in trezor is a new wallet with a new private key? But the good thing with the seed is that it restore all of my wallets? However I still need to know the passwords?
I'm not useing my coins so I don't really need segWit. But it's allways nice to have the possibility to do it since it's so expensive (or it was?) to send.


The big negative thing that I think is that it's mutch more expensive. Is there any other disadvances that I should think of before buy a it compared with other hardware wallets?

If you're not in a hurry to buy hardware wallet, and you want to save some money, then you can wait for Black Friday (29 November) when both major manufacturers are likely to offer discounts as was the case in previous years.

I will probably buy one earlier then november, thanks anyway.


Perhaps I started this tread wrong. The thing is that I want a hardware wallet, it's not needed to be trezor.. I'm a hodler and I doesn't need any good UI to manage my coins in any way. What I want is security (not more then any one else does). But what I read about model One that I liked was that it was no dangoures to use it on a computer with malmware, another thing was that I didn't like with ledger was that it isn't totaly open sourced with the firmware as trezor is. I don't think that it's any big concern (because the wallet is so popular) but those were my main reason to choose trezor (and it's always nice to have a led screen).
13  Bitcoin / Hardware wallets / I'm buying a hardware wallet on: September 08, 2019, 08:47:05 PM
I have a bitcoin armary wallet with some bitcoins and coins from the forks (cash and gold). Is it possible to take that private key and import it in a trezor (or any other wallet)?  
In other case is it possible to send it to a trezor T? (I read something about wallets that doesn't support old keys that starts with 1 or 3..)

I was thinking of getting a model T and a model ONE as a backup. Is it only to take the backup seed and restore it in the model ONE? But model ONE doesn't support everything that model T does, will that work?

I was looking at ledger and trezor but I did like trezor a bit more. The key different that made me chose trezor was that it felt more secure, with an open firmwire. The big negative thing that I think is that it's mutch more expensive. Is there any other disadvances that I should think of before buy a it compared with other hardware wallets?
14  Other / Beginners & Help / Is it safe/dangerous to sell if the wallet gets to valueable on: July 28, 2019, 08:16:07 PM
I have one wallet with some bitcoins. If bitcoin continues to grow in value (think 100k - 1000k) that wallet will be very valueable.
1. How do I sell my bitcoins without any noticeing my wallet and who I am? Should I always use a vpn when sending a transaction?
2. Is there criminals that searching in blockexplorer (or in another way) to find a wallet like mine and then searches up those ppls in the real world and threats them to their life?
3. How do I best sell / splits up my wallet
4. Can I trust the exchanges? They have my personal information.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!