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Author Topic: Coinbase and Bitcoin-QT problem  (Read 639 times)
ytxindustrial (OP)
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November 28, 2015, 05:18:12 AM
 #1

Really a newbie here, this is my first attempt at buying bitcoin! I decided to go through coinbase and purchased around .07 btc, I waited the 7 days, and when I received the btc I attempted to 'send' it to bitcoin qt.

it's been about six hours, and I have not yet received my btc in bitcoin-qt client. in coinbase it says the transaction was completed, and can be verified with blockchain(coinbase adress - btc, recieving adress + btc, but I can't access the coins!)

the address I sent the coins to on coinbase is definitely one of my receiving addresses in bitcoin-qt

additional info/questions:

bitcoin-qt client has not finished syncing with network, when it does will I receive my coins?
can I use the wallet.dat file from bitcoin-qt with another software like multibit HD? will doing this help me get my btc faster?

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November 28, 2015, 05:21:10 AM
 #2

Really a newbie here, this is my first attempt at buying bitcoin! I decided to go through coinbase and purchased around .07 btc, I waited the 7 days, and when I received the btc I attempted to 'send' it to bitcoin qt.

it's been about six hours, and I have not yet received my btc in bitcoin-qt client. in coinbase it says the transaction was completed, and can be verified with blockchain(coinbase adress - btc, recieving adress + btc, but I can't access the coins!)

the address I sent the coins to on coinbase is definitely one of my receiving addresses in bitcoin-qt

additional info/questions:

bitcoin-qt client has not finished syncing with network, when it does will I receive my coins?
can I use the wallet.dat file from bitcoin-qt with another software like multibit HD? will doing this help me get my btc faster?



You answered your own question. Your wallet is not sync'ed. It need to be fully sync'ed.

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.


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ytxindustrial (OP)
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November 28, 2015, 05:36:35 AM
 #3

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.

which wallets would I be able to import my key to? and will the btc show up as soon as it's done syncing automatically?

thank you for the informative response!
achow101
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November 28, 2015, 05:42:34 AM
 #4

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.

which wallets would I be able to import my key to? and will the btc show up as soon as it's done syncing automatically?

thank you for the informative response!
You can import it to any wallet your want, although I suggest choosing one listed on bitcoin.org.

The balance will update once the syncing is finished, you just need to wait

VirosaGITS
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November 28, 2015, 05:45:31 AM
 #5

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.

which wallets would I be able to import my key to? and will the btc show up as soon as it's done syncing automatically?

thank you for the informative response!
You can import it to any wallet your want, although I suggest choosing one listed on bitcoin.org.

The balance will update once the syncing is finished, you just need to wait

Nope, some wallet use different ways of generating the keys so its not omni compatible.

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.

which wallets would I be able to import my key to? and will the btc show up as soon as it's done syncing automatically?

thank you for the informative response!

You can try see if the export file/wallet.dat can be imported to Multibit HD but according to the guide its not possible;
https://multibit.org/en/help/v0.5/help_importingPrivateKeys.html

I think some people reported doing this with Electrum. But i am not sure and i have not tried that wallet.


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achow101
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November 28, 2015, 05:50:16 AM
 #6


Nope, some wallet use different ways of generating the keys so its not omni compatible.
In most cases they will be compatible since the Wallet Import Format is a standard. The only wallet that I know of that had the issues is armory which does not support compressed keys.


You can try see if the export file/wallet.dat can be imported to Multibit HD but according to the guide its not possible;
https://multibit.org/en/help/v0.5/help_importingPrivateKeys.html

I think some people reported doing this with Electrum. But i am not sure and i have not tried that wallet.
Multibit no longer supports the importing of private keys. I suggest that you use Electrum.

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November 28, 2015, 05:51:37 AM
 #7

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.

which wallets would I be able to import my key to? and will the btc show up as soon as it's done syncing automatically?

thank you for the informative response!
Electrum, multibit does not use the same backup format, hence you can't import using wallet.dat. CMIIW, I never import wallet.dat into electrum or multibit directly successfully. You have to go to help>debug window>console. If you have a password, enter this:
Code:
walletpassphrase [password here] 600
then to extract it, use
Code:
dumpprivkey [address here]
. But Shorena has advised me to avoid touching the private key unless nessasary. I would keep a backup of the wallet.dat first before doing anything.

For Electrum, you can choose to import or sweep. Importing means that your address will be included in the wallet the seed cannot restore it. Hence, you need to keep a seperate backup. Change are also sent back to the origin address. Sweep means that your balance would be sent into one of the address generated from seed.

You can try see if the export file/wallet.dat can be imported to Multibit HD but according to the guide its not possible;
https://multibit.org/en/help/v0.5/help_importingPrivateKeys.html

I think some people reported doing this with Electrum. But i am not sure and i have not tried that wallet.
Multibit no longer supports the importing of private keys. I suggest that you use Electrum.
Multibit Classic? I have always used it. Just need to add the private key in the .key file.

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VirosaGITS
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November 28, 2015, 05:55:09 AM
 #8

For your second question, no, there are some wallet you can import the privkey to, but HD wallets work differently. If you had setup Multibit HD first, it would have taken few minutes to fully sync, probably.

which wallets would I be able to import my key to? and will the btc show up as soon as it's done syncing automatically?

thank you for the informative response!
Electrum, multibit does not use the same backup format, hence you can't import using wallet.dat. CMIIW, I never import wallet.dat into electrum or multibit directly successfully. You have to go to help>debug window>console. If you have a password, enter this:
Code:
walletpassphrase [password here] 600
then to extract it, use
Code:
dumpprivkey [address here]
. But Shorena has advised me to avoid touching the private key unless nessasary. I would keep a backup of the wallet.dat first before doing anything.

For Electrum, you can choose to import or sweep. Importing means that your address will be included in the wallet the seed cannot restore it. Hence, you need to keep a seperate backup. Change are also sent back to the origin address. Sweep means that your balance would be sent into one of the address generated from seed.

You can try see if the export file/wallet.dat can be imported to Multibit HD but according to the guide its not possible;
https://multibit.org/en/help/v0.5/help_importingPrivateKeys.html

I think some people reported doing this with Electrum. But i am not sure and i have not tried that wallet.
Multibit no longer supports the importing of private keys. I suggest that you use Electrum.

Multibit Classic? I have always used it. Just need to add the private key in the .key file.

Sound good, have not touched Classic in a long time.

So just one more thing to add to that.

If you have to expose your priv key, no problem, just send yourself the BTC to a address generated by Multibit HD or whatever and never use the old address again. That should be secure.


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ytxindustrial (OP)
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November 28, 2015, 06:01:30 AM
 #9

okay, after messing with the console, I have successfully gotten the private key for the receiving address in question, I'm going to wait for bitcoin-qt to sync and if I have any further problems I will try moving my wallet over to electrum.

thank you all for your timely help and informative responses! will be coming back if I have further problems/questions.
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