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Author Topic: August 1 and Bitcoin core wallet  (Read 990 times)
787875
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July 18, 2017, 05:02:21 PM
 #1

Hello,

I downloaded the Bitcoin core wallet a few days ago. In case i need to move my bitcoins to a wallet the supports
both chains.

This takes alot of time, i don't know if i will have the wallet fully synced Aug 1.

So what i really wonder, is there any litewallet that support same wallet.dat?

Thanks!
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July 18, 2017, 05:06:54 PM
 #2

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

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787875
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July 18, 2017, 05:20:42 PM
 #3

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

Okay, yes i have all Bitcoins on a wallet.dat, and have not touch them since 2012.

So if i don't spend any coins i'm safe?

Thanks!
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July 18, 2017, 05:50:44 PM
 #4

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

Okay, yes i have all Bitcoins on a wallet.dat, and have not touch them since 2012.

So if i don't spend any coins i'm safe?

Thanks!

You should be fine as long as you have the private keys.  Please make sure you have several backups of the wallet too.

You can always export the private keys and use a lite wallet to manage them, even without being fully synced.
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July 18, 2017, 08:56:22 PM
 #5

The private keys are in the wallet.dat file right?

I have multiple wallet backups!

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

Okay, yes i have all Bitcoins on a wallet.dat, and have not touch them since 2012.

So if i don't spend any coins i'm safe?

Thanks!

You should be fine as long as you have the private keys.  Please make sure you have several backups of the wallet too.

You can always export the private keys and use a lite wallet to manage them, even without being fully synced.
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July 18, 2017, 11:05:26 PM
 #6

The private keys are in the wallet.dat file right?

I have multiple wallet backups!

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

Okay, yes i have all Bitcoins on a wallet.dat, and have not touch them since 2012.

So if i don't spend any coins i'm safe?

Thanks!

You should be fine as long as you have the private keys.  Please make sure you have several backups of the wallet too.

You can always export the private keys and use a lite wallet to manage them, even without being fully synced.

Yes you are safe, even your backup copy are safe Smiley
Store a private key could be a good way to get a cold wallet. Isn't a cold wallet for definition (because now you have imported in your bitcoin core), but if your laptop is secure you can't risk anything by storing btc just in priv key.
ps:  Btc stored from 2012 Cheesy ?! WOW Smiley

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July 19, 2017, 03:37:36 PM
 #7

ps:  Btc stored from 2012 Cheesy ?! WOW Smiley
BTC stored since 2012 ? WOW !
And only a junior member status with activity 41 ? re WOW !

But congratulation, you are the longuest holder i know Cheesy

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July 19, 2017, 04:30:59 PM
 #8

The private keys are in the wallet.dat file right?

I have multiple wallet backups!

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

Okay, yes i have all Bitcoins on a wallet.dat, and have not touch them since 2012.

So if i don't spend any coins i'm safe?

Thanks!

You should be fine as long as you have the private keys.  Please make sure you have several backups of the wallet too.

You can always export the private keys and use a lite wallet to manage them, even without being fully synced.

Yes you are safe, even your backup copy are safe Smiley
Store a private key could be a good way to get a cold wallet. Isn't a cold wallet for definition (because now you have imported in your bitcoin core), but if your laptop is secure you can't risk anything by storing btc just in priv key.
ps:  Btc stored from 2012 Cheesy ?! WOW Smiley

If you dont want the brunt of the initial download of the blockchain of about 140GB you could try looking at alternative lighter clients such as Electrum (from electrum.org) which will still give you private keys and will still make you able to access both chains.

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July 19, 2017, 04:57:44 PM
 #9

The private keys are in the wallet.dat file right?

I have multiple wallet backups!

You cannot just save the priv. key and import where you want?
Even if you can't, In case of a fork your coin will be available in both chains, because you don't spend meanwhile.
So even for what I know you are safe, "like a cold wallet" if you don't spend any satoshi.

Okay, yes i have all Bitcoins on a wallet.dat, and have not touch them since 2012.

So if i don't spend any coins i'm safe?

Thanks!

You should be fine as long as you have the private keys.  Please make sure you have several backups of the wallet too.

You can always export the private keys and use a lite wallet to manage them, even without being fully synced.

What you should understand is that bitcoins are not stored in a wallet or a .dat file. Bitcoins are stored on the network and the private key is giving access to your coins. So don't be scared but I am trully suggesting to look more than a few times per day after 1st of august the price of bitcoin.

11 days left and we still don't know what is going to happpen.

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July 20, 2017, 04:58:46 PM
 #10

Yes, i have hold a long time, never sold. Remember Bitcoin was at about 6-10 dollars at the time i get em.
Sadly i have smalla mount.

I just have the wallet.dat, don't have the private key separate.

Aboy 70% synced now.
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July 20, 2017, 05:32:58 PM
 #11

Yes the best way is just to take your private key. Nothing more than that.

Anyways good luck keeping your coins till 2020

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July 20, 2017, 06:24:12 PM
 #12

Yes the best way is just to take your private key. Nothing more than that.

Anyways good luck keeping your coins till 2020

I don't have a sell plan really, maybe i switch a small amount to altcoins.

If Bitcoin live i will have most of my stash left at 2020.
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July 20, 2017, 07:24:10 PM
 #13

Yes the best way is just to take your private key. Nothing more than that.

Anyways good luck keeping your coins till 2020

I don't have a sell plan really, maybe i switch a small amount to altcoins.

If Bitcoin live i will have most of my stash left at 2020.

I'd strongly recommend you don't go into altcoins based on how high Bitcoins value is becoming (at least without a strategy/bot to do it for you).
Although, the altcoin price does seem to be fairly consistant on average with the Bitcoin price, (such as doge being always at 50 satoshi - when there are no manipulations of the market, pumps and dumps).

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October 19, 2017, 05:23:18 PM
 #14

Hello again,

I want to claim my BCH, as you know i have my BTC in a wallet.dat(Bitcoin Core)



Is it safe to use the method below?
Do i need to send my BTC to a new wallet with new private key after or is it safe to have the wallet.dat i have now?

https://medium.com/@itsjameswhite/how-to-claim-bitcoin-cash-from-bitcoin-core-to-a-full-node-wallet-de661b8e7dda


What you need to do to spend your ABC coins is to just make a copy of your Core wallet.dat file. Then install the Bitcoin ABC client and put your copied wallet.dat file in the place where you want the ABC datadir to be (do this before starting ABC). Then start ABC and let it sync. When you want to spend your ABC coins, just use the ABC wallet. When you want to spend your Core coins, use the Bitcoin Core wallet.
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October 19, 2017, 07:32:41 PM
 #15

Is it safe to use the method below?
Do i need to send my BTC to a new wallet with new private key after or is it safe to have the wallet.dat i have now?

https://medium.com/@itsjameswhite/how-to-claim-bitcoin-cash-from-bitcoin-core-to-a-full-node-wallet-de661b8e7dda
It is best to transfer your BTC to a new wallet, and then import the private keys of the old wallet into a BCH wallet such as Bitcoin ABC.

What you need to do to spend your ABC coins is to just make a copy of your Core wallet.dat file. Then install the Bitcoin ABC client and put your copied wallet.dat file in the place where you want the ABC datadir to be (do this before starting ABC). Then start ABC and let it sync. When you want to spend your ABC coins, just use the ABC wallet. When you want to spend your Core coins, use the Bitcoin Core wallet.
Yes, that can work as well if you want to compromise all private keys. As said, best practice is to move over BTC to a new wallet as a safeguard.

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