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Author Topic: Non-connected Wallet  (Read 1158 times)
IamFuzzles (OP)
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June 21, 2011, 06:00:59 PM
Last edit: July 13, 2015, 06:32:42 PM by IamFuzzles
 #1

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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Salain
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June 21, 2011, 08:15:42 PM
 #2

That should definitely work.
bbjansen
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June 21, 2011, 08:16:04 PM
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You will need to have your wallet connected to the internet in order to transfer funds to it. The safest way I can think of at the moment is to have a separate machine preferably running Linux and having a switch on it that allows your to give it Internet or not. I would turn on the switch when sending money to the wallet and than turn it off once the transfer is done.
Salain
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June 21, 2011, 08:18:53 PM
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You will need to have your wallet connected to the internet in order to transfer funds to it. The safest way I can think of at the moment is to have a separate machine preferably running Linux and having a switch on it that allows your to give it Internet or not. I would turn on the switch when sending money to the wallet and than turn it off once the transfer is done.

You'd have to be connected to send *from* it.  But to send to it?  Nope.

Also, you can use blockexplorer to check what the block chain thinks your account balance is.  Should be an easy way to check your balance while keeping your wallet "virgin".
bbjansen
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June 21, 2011, 08:24:39 PM
 #5

Just put in your wallet address in the search bar on blockexplorer.com
Salain
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June 21, 2011, 08:27:26 PM
 #6

Wouldn't I only need to connect it if I wanted to transfer funds from the wallet? I mean if the wallet's not connected the funds won't show up, but the addresses in it will still be connected to the btcn right? that's what I'm concerned about.

You've got it right.  Here are a few related threads confirming it :
http://forum.bitcoin.org/index.php?topic=17697.0
https://forum.bitcoin.org/index.php?topic=16845.0

Really easy to check your balance, just go to the main blockexplorer page and put one of the addresses you've generated into it.  It will look up all transactions related to that account.  Try it with your current wallet.
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June 21, 2011, 08:29:41 PM
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Setup VirtualBox on your machine. Create a Linux VM and encrypt the filesystem, then of course you'll have a linux account that has a password, then in the Linux OS, create a encrypted password protected file to mount and hold your wallet.
thecount
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June 21, 2011, 08:30:49 PM
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Take a peek in the sticky: http://forum.bitcoin.org/index.php?topic=17240.0. It covers this kind of thing.
casascius
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June 21, 2011, 09:10:07 PM
 #9

Before you do a backup, generate a couple of addresses.  You don't have to write them down.

This lessens the possibility that you may later lose your coins due to not having a pre-generated "change" address.

Always re-backup your wallet.dat after you spend coins, even if you only spend 0.01 BTC.  Your remaining balance gets sent to an invisible "change" address and you don't want to take a chance of losing the key to that address.  It's more likely to be pre-generated into your first wallet.dat if you generate a couple addresses.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
TYDIRocks
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June 21, 2011, 09:23:41 PM
 #10

That sounds secure enough to me. Just make sure you have internet to send it to that, but shut it off after that.

Import new address/private keys with ease: https://bitcointalk.org/index.php?topic=101161
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