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I started a wallet several months ago and really don't know a lot about bitcoin. I started with $50 and it says I have +12.12156 mBTC. Why isn't my Bitcoin going up since it's been on an upward streak lately? Sorry, not very good at this yet.
Also how do I know i am "online" with my electrum wallet versus "offline". thx
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Background I'm completely new to bitcoin. I was given the old Armory website to download my "wallet". They said it is super easy, to just download it, create a "receive bitcoins" address and they would send me my coins, which i paid for via paypal.
Well, of course nothing was working. It was offline and through research I discovered I needed to download the Bitcoin Core, And I did not have the latest version of Armory installed.
I checked BitcoinWhoswho and my address/coins are showing up. I just need to get them now.
I have my Keys which are in this format:
xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx
I also kept a paper copy of it and have the Address where my coin is.
I discovered also that i did NOT need a full node system like Armory. That something like Electrum would be better for a new person.
I installed Electrum but it does not except my keys. Not sure why.
Meanwhile I am still downloading the Bitcoin Core and it's only around 70% done after 2 days.
Question
Is there another wallet, besides electrum that I can download that will except my armory keys and which does not require this multi-day full node download? If so, do I have to wait for the full download on Armory before I can transfer them to the new wallet, since I had already set up Armory as the original receiving wallet?
thanks,
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I am a complete newbie, so this is like some kind of new language.
I was given link to the old armory site and downloaded Armory 96 without realizing there is an updated website and version. The person I was working with sent me my coins after I created my wallet and I made a paper backup and another back up on a thumb drive of the Keys, which are 2 lines of letters in increments of 4 letters, so each line has 36 keys for a total of 72. Anyways, I have that saved as well as the "address" where this person sent me my coins.
The DB failed to spawn and was unable to go online as I was directed to.
Researching this, I discovered I was supposed to download Bitcoin Core. So I did that. It was synching for a day and started reading at this forum and discovered that I had the wrong link to Armory. I was in the old site and had downloaded the old version.
Question:
If I start over and delete Armory, and then re-install it with the correct version on the correct website (btcarmory.com) is there a way to use my original Key and Address to take possession of my coins?
Also, if I decide to use another computer entirely and do the downloads properly can I somehow use my original key & address to take possession of the coins?
Thanks,
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