Blockchain password lost, Paper Wallet restore possible?

[UnDerDoG81]

So I created a new wallet and imported 10BTC from my paper Wallet to my new blockchain. It had 10 BTC on it. I then sent the 10BTC to my BTC-E account. So is that paper Wallet dead now? Or can I sent the 10BTC back to the same old paper wallet again?

[pedrog]

So I created a new wallet and imported 10BTC from my paper Wallet to my new blockchain. It had 10 BTC on it. I then sent the 10BTC to my BTC-E account. So is that paper Wallet dead now? Or can I sent the 10BTC back to the same old paper wallet again?

It's not "dead", but you should just create another one.

The benefit of using a paper wallet is that your private keys have never been on a connect device and that means they're pretty safe, if you already expose such keys in a connect device you should archive the keys and use a new 'virgin' one.

[UnDerDoG81]

Thank you. I understand. The thing is, it was just a test to see if and how to reactivate those Bitcoins. The thing is, there is a date printed on the paper wallet (not sure if that will really count). And we in Germany have to pay no taxes if we hold the BTC longer than 1 year. Thats the reason why I asked if I can use the old wallet. Because the coins were stored in March 2014.

[pedrog]

Thank you. I understand. The thing is, it was just a test to see if and how to reactivate those Bitcoins. The thing is, there is a date printed on the paper wallet (not sure if that will really count). And we in Germany have to pay no taxes if we hold the BTC longer than 1 year. Thats the reason why I asked if I can use the old wallet. Because the coins were stored in March 2014.

In that case I assume what matters is the date you bought the coins, you should have some proof of that, a receipt maybe, if not, use the transaction date, you can check it in any block explorer.

The address generation date is irrelevant.

[Kprawn]

Thank you. I understand. The thing is, it was just a test to see if and how to reactivate those Bitcoins. The thing is, there is a date printed on the paper wallet (not sure if that will really count). And we in Germany have to pay no taxes if we hold the BTC longer than 1 year. Thats the reason why I asked if I can use the old wallet. Because the coins were stored in March 2014.

This is a interesting way to tax Bitcoin... any reason why they taxed it like that? In most countries Capital gain TAX only come into affect, when you sell the coins. They

do not take the period into account for that calculation, only when you profit from that purchase. They will never receive any income tax from Bitcoin, if they do it that

way, because everyone will just hoard for a year. 

[UnDerDoG81]

Thanks Pedrog. Will check that out.

@Kprawn
I don´t really know why and how. I only heared that if you make profit with Bitcoin, you have to pay taxes. But if you hold the coins for more than 1 year then there will be no taxes on the profit too. Of course all that is only when you transform your Bitcoins to FIAT. At least thats my infos I have. Maybe things changed.

[MrGodMan]

this is a nice topic to know about it. if you get chance to transfer the amount to your new account then make it happen and then leave the account like that. but its better to remember the passwords always for the future.