Either rename wallet.dat to something else so bitcoin makes a new wallet.dat, or use my bitcoin fork with --wallet flag
Can you elaborate how this works a little more? If I install bit coin on a thumb drive it is still going to use the
wallet.dat in my users dir on win 7? So I have to rename that walletsavngs.dat and then it will make a new one with no coins in it?
then how do I transfer some of the savings to the new one... I just want to make sure I don't screw things up and end up losing my coins, not that I have a gigantic amount but I figure better to understand this now rather than screw things up royally later.
Yes, yes, yes
To do the transfer:
write the address of your new empty wallet
rename it (your new empty wallet) to emptywallet.dat
rename walletsavngs.dat to wallet.dat
send money to the address you wrote
you now have your old wallet empty and the new one filled with your money
I really wanted to just have an encrypted whole version on a thumb drive... does it ALWAYS place the wallet.dat file on your local machine? meaning you can't just walk around with your wallet all on your thumb drive without a machine
and say, then go use it somewhere (like you would a regular cash wallet)
My idea is to have several high grade flash drive wallets and keep one on a key chain so if I was sitting at an internet cafe or something that accepted bitcoins I could do it... more places in NYC are starting to take them.... but how do you do it if you're not home? I don't want to use some third party service either.... I'm thinking you have it on a thumb drive encrypted with a password but I'm not sure how to go about doing this.
Some say never put your wallet into another machine but then how would you have bitcoin currency on you without carrying around a laptop or something? I imagine having an amount that you need to use would not be a big risk just as you can't live your life in fear of having cash in your wallet that you're going to get mugged. You carry the appropriate amount of cash you need in your wallet you don't usually carry your life savings around with you...
some people are debt card crazy but I don't like banks and companies knowing every god damn ting I do and then marketing to me and tracking me... it's annoying... this is one of the things I like about bitcoin.
I believe in the next version, bitcoin will be able to handle different wallet so that problem will be solved