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Author Topic: bitcoin wallet lifetime ?  (Read 2717 times)
Muhammed Zakir
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June 21, 2015, 11:26:20 AM
 #41

-snip-
1) How are you going to spend it? You are going to print out a few hundred lines of codes and you can't really spend them. Use a paper wallet generator if you aren't going to use Bitcoin Core on a machine. Most of them have nicer layouts.

What are the differences in spending from a paper wallet with private key from Bitcoin core and other generators?

randy8777
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June 21, 2015, 11:28:32 AM
 #42

people who use online storage as cold wallet are utterly stupid. don't know why any person would still do so after plenty of hacks.

Using online storage as cold storage? I am hearing this for first time. Try to make your sig spam better by thinking before posting or you will be banned.

i'm not spamming. i meant to say that people are stupid if they store all their coins in online wallet services like blockchain.info instead of storing them offline. if you just made an effort to think before posting you would have figured that out.
iram66680
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June 21, 2015, 11:35:45 AM
 #43

-snip-
1) How are you going to spend it? You are going to print out a few hundred lines of codes and you can't really spend them. Use a paper wallet generator if you aren't going to use Bitcoin Core on a machine. Most of them have nicer layouts.

What are the differences in spending from a paper wallet with private key from Bitcoin core and other generators?
Other generators mostly offers a option to print in Qr code but you would require an additional program to print it for Bitcoin Core if i'm not wrong unless you are going to write down your private key. It would be much harder to spend since you have to import it into a computer but you can always sweep the amount by using mycelium or similar app if you're using Qr code. Just scan it. If you're using Bitcoin Core for solely that purpose, you're better off using other generators like bitaddress.org.

Muhammed Zakir
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June 21, 2015, 03:12:36 PM
 #44

people who use online storage as cold wallet are utterly stupid. don't know why any person would still do so after plenty of hacks.

Using online storage as cold storage? I am hearing this for first time. Try to make your sig spam better by thinking before posting or you will be banned.

i'm not spamming. i meant to say that people are stupid if they store all their coins in online wallet services like blockchain.info instead of storing them offline. if you just made an effort to think before posting you would have figured that out.

Now I got it. You should have phrased that better. Using "main hot storage" instead of "cold storage" would have made more sense IMHO.

Other generators mostly offers a option to print in Qr code but you would require an additional program to print it for Bitcoin Core if i'm not wrong unless you are going to write down your private key. It would be much harder to spend since you have to import it into a computer but you can always sweep the amount by using mycelium or similar app if you're using Qr code. Just scan it. If you're using Bitcoin Core for solely that purpose, you're better off using other generators like bitaddress.org.

 - Dumb private key(s).
 - Generate Qr code.
 - Print it.

Easy. Smiley

dollarneed
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June 21, 2015, 11:43:09 PM
 #45

all you have to do just download a wallet maybe like multibit or electrumor create a paper wallet,if you just safe your bitcoins for a long time
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