Locking a wallet so I can't withdraw coins

[iluvbitcoins]

I'm not really sure if this should go here or off-topic, but I think it should be here  

I was wondering if there's a way I could deposit bitcoins to a wallet, address, and I wouldn't be able to withdraw them until I reach a certain sum
I'd like to start a fund to save money for a car, however, I always end up spending my money instead of saving it  
Is there a way to set something up, where I could be able to withdraw the coins only when the balance of the wallet reaches 10BTC or something like that?
For example, generating a password that would be given to me once the balance hits 10 or something like that  

[1714542906]

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[specturul]

I'm not really sure if this should go here or off-topic, but I think it should be here  

I was wondering if there's a way I could deposit bitcoins to a wallet, address, and I wouldn't be able to withdraw them until I reach a certain sum
I'd like to start a fund to save money for a car, however, I always end up spending my money instead of saving it  
Is there a way to set something up, where I could be able to withdraw the coins only when the balance of the wallet reaches 10BTC or something like that?
For example, generating a password that would be given to me once the balance hits 10 or something like that  

you should see some service like "oraclize" .
you can set a certain condition for issue a payment from an address maybe you get help from this one

[Barnabe]

Put a post-it on your screen with your goal and each time you're about to spend something you look at it and build courage to stop 
Build some willpower ! 

[LucioTan]

I'm not really sure if this should go here or off-topic, but I think it should be here  

I was wondering if there's a way I could deposit bitcoins to a wallet, address, and I wouldn't be able to withdraw them until I reach a certain sum
I'd like to start a fund to save money for a car, however, I always end up spending my money instead of saving it  
Is there a way to set something up, where I could be able to withdraw the coins only when the balance of the wallet reaches 10BTC or something like that?
For example, generating a password that would be given to me once the balance hits 10 or something like that  

I dont think there is a wallet like that. Hahah not sure but I've never heared one before. Maybe what you can do is contact the support about that so they can make some adjustments in their platform. But I think it will take some time before they can do that. Another thing you can do is if you have a wife, ask her to create a wallet and she will keep your BTC until it reaches to your goal price whis is 10BTC hahaha Just a suggestion

[findftp]

I'm not really sure if this should go here or off-topic, but I think it should be here  

I was wondering if there's a way I could deposit bitcoins to a wallet, address, and I wouldn't be able to withdraw them until I reach a certain sum
I'd like to start a fund to save money for a car, however, I always end up spending my money instead of saving it  
Is there a way to set something up, where I could be able to withdraw the coins only when the balance of the wallet reaches 10BTC or something like that?
For example, generating a password that would be given to me once the balance hits 10 or something like that  

You're probably interested in checklocktimeverify
I think in the future we'll see wallets with a feature to lock your funds for a certain amount of time.
I'm not sure if a certain balance could unlock it though.

I dont think there is a wallet like that. Hahah not sure but I've never heared one before. Maybe what you can do is contact the support about that so they can make some adjustments in their platform. But I think it will take some time before they can do that. Another thing you can do is if you have a wife, ask her to create a wallet and she will keep your BTC until it reaches to your goal price whis is 10BTC hahaha Just a suggestion

Multisig could be helpful.
Create a multisigwallet where 2 keys are needed to unlock the funds.
Or, 2 out of 3, or anything else.

[iluvbitcoins]

Put a post-it on your screen with your goal and each time you're about to spend something you look at it and build courage to stop 
Build some willpower ! 

The problem is, I'll think nah, that's so cheap, that won't affect my goal
Then I go out and drink a 100$ 

I dont think there is a wallet like that. Hahah not sure but I've never heared one before. Maybe what you can do is contact the support about that so they can make some adjustments in their platform. But I think it will take some time before they can do that. Another thing you can do is if you have a wife, ask her to create a wallet and she will keep your BTC until it reaches to your goal price whis is 10BTC hahaha Just a suggestion

No wife 
I'm 19 though 

Multisig could be helpful.
Create a multisigwallet where 2 keys are needed to unlock the funds.
Or, 2 out of 3, or anything else.

hmmm, so simple, and not a bad idea 
I could have 1 key, give one key to a friend and one to my sister telling them not to give me the key if I don't have 10BTC on an address
Nice 

[bitkilo]

I have the same problem so i was thinking of buying a nice funded casascius coin one day then i would never want to peel off the hologram until 100% needed because once it's peeled there is no way to replace it.

The coin will still have value too after you spend the bitcoins.

[Windpower]

Tell your friend to deposit x amount of bitcoin into a paper wallet and get him/her to store it. Then pay them over time and over they get an ROI, they give you the wallet.

Lol.

[PhilPrime]

yes. use an escrow service and told them the condition that you stated. im sure they will give that your money as your instruction to them. no need to thanks OP.

[GreenBits]

Very simple solution to this. Get a glass bottle with a metal screwcap. Print a paper wallet, pub and priv, and roll it up in the bottle with the private key not visible. This is the hard step; glue the bottle shut. You can bury it if you want at this point, but the necessity of breaking the bottle will deter you from accessing the wallet. IF you bury it, I wouldn't use glass, and I'd would pick something more permanent than paper to record the keys.

If you want to up the ante, put it in something valuable you will have to break to access, like a vase. You will think twice before accessing said wallet.

[LoyceV]

You could get an escrow. But I think it helps more to just man up and learn to save! Especially since it's going to be a larger amount of money for a longer period of time, I wouldn't want it to be in a third party's hands.

Set a picture of the car you want as a desktop image, to remind you of your goals.

[pawel7777]

...

Multisig could be helpful.
Create a multisigwallet where 2 keys are needed to unlock the funds.
Or, 2 out of 3, or anything else.

hmmm, so simple, and not a bad idea 
I could have 1 key, give one key to a friend and one to my sister telling them not to give me the key if I don't have 10BTC on an address
Nice 

Sounds pretty risky. Could work short term, but the longer it takes for you to save up 10 btc, the higher the chance one of them will lose their key (or forget where they saved it etc).

I wouldn't go for any smart-contract thing either. In an unlikely event bitcoin price goes drastically up (say to $10,000 or higher), you may not be able to ever reach the goal and have your funds stuck.

The thing to consider (I'm not recommending it though) is to engage your funds in providing loans for margin trading (i.e. on Poloniex), it's relatively safe (but there's always a risk of exchange going under etc) and you could earn some small profits. Just provide a loan for i.e. 30 days + auto renew, so in order to withdraw it, you'd have to turn the 'auto renew' off and wait for up to 30 days. Should be enough to prevent you from the heat-of-the-moment spending.

[Kotone]

You can ask your friend or your family to hold your Bitcoin for you If you want. Just to secure your own Earnings. You can also lend someone with your money and tell them to put it back if before your fixed deadline. You can also code for it. Just create a simple program that locks your wallet and after some time, or weeks, or months, it will actually unlocks it automatically. You can also stop yourself from withdrawing the earnings you have by putting a sticky note beside your monitor or you can also set it as your wallpaper that whenever you are opening your desktop or PC, you always read your dreams and it motivates you to earn more.

[ranochigo]

I'm not really sure if this should go here or off-topic, but I think it should be here  

I was wondering if there's a way I could deposit bitcoins to a wallet, address, and I wouldn't be able to withdraw them until I reach a certain sum
I'd like to start a fund to save money for a car, however, I always end up spending my money instead of saving it  
Is there a way to set something up, where I could be able to withdraw the coins only when the balance of the wallet reaches 10BTC or something like that?
For example, generating a password that would be given to me once the balance hits 10 or something like that  

You're probably interested in checklocktimeverify
I think in the future we'll see wallets with a feature to lock your funds for a certain amount of time.
I'm not sure if a certain balance could unlock it though.

nLockTime actually stays on the network only for a while and nodes would likely drop it unless you rebroadcast it and the OP can then spend the coins. A better method is to create a nLockTime address, send all the coins to it, create an nLockTime transaction to an address that the OP knows that they would never lose. Next, give the encrypted keys to some friends before destroying it or place it somewhere safe. You need to do this with a new address everytime you want to save however.

...

Multisig could be helpful.
Create a multisigwallet where 2 keys are needed to unlock the funds.
Or, 2 out of 3, or anything else.

hmmm, so simple, and not a bad idea 
I could have 1 key, give one key to a friend and one to my sister telling them not to give me the key if I don't have 10BTC on an address
Nice 

Sounds pretty risky. Could work short term, but the longer it takes for you to save up 10 btc, the higher the chance one of them will lose their key (or forget where they saved it etc).

I agree with your point. However, you can have more redundancies. You can probably(?) create a multisig address that is (A+(B/C/D/E/F/G/H/I/J/K) and you hold the master key A. Distribute as many keys to your friends as you want. That way, there is next to no chance of them losing it or conspiring to steal the money.

[bitcapitalist]

Escrow is the way to go.

Tell him how you want him to manage your funds and that's it. Get a reputable escrow here in the forum.

[Shiroslullaby]

Yeah you could send it to a trustworthy escrow member.
There are some people on these forums that have held tens of thousands of dollars in coins in escrow.

But remember, if you tell them to hold your coins until a certain date, and they are providing a reputable service,
there is no way they are going to release the coins early.  

[JesusHadAegis]

I think you can just make another wallet. Then let a trusted friend or someone you know who doesnt know btc to hold a password for that account. If you want to access that chain, you can just go with him to open the account you made. Until you are satisfied with its earnings, don't ask yet for the password.

[btcdevil]

Their are so many method which you can use it , like one multisignature wallet where you will be dividing the key with 2 or more peoples so if you want to open the wallet then you will be needing all keys to open the wallet, other one is paper wallet you can convert all your btc to paper wallet and when you need it you can convert to wallet and go on. Apart from that if you can expense some bitcoins then you can use any trusted escrow person to lock you wallet and keep the key with him for the period of time what you are asking it. Other then this i dont know the option of your problem.

[LoyceV]

Then let a trusted friend or someone you know who doesnt know btc to hold a password for that account.

Then your trusted friend loses the password, and you can say goodbye to your good friendship and your money. Not a good idea!

[Mark02]

Then let a trusted friend or someone you know who doesnt know btc to hold a password for that account.

Then your trusted friend loses the password, and you can say goodbye to your good friendship and your money. Not a good idea!

Hahha Yeah, better trust your family. At least give all of them the passwords, 3 each. I don't think all of them will loose it right? Hahha And it is more secure I suppose. Great idea right ?