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Author Topic: How to sell Bitcoin on your Cell Phone from a Cold Storage Paper Wallet  (Read 236 times)
ChiBitCTy
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January 30, 2018, 10:31:26 PM
Merited by EcuaMobi (2), LoyceV (2), krogothmanhattan (1)
 #1

If anyone out there is curious about this process (which I recently just went through) to sell Bitcoin on your cell phone from a cold storage paper wallet (like found on bitaddress.org) -than this thread is for you. I’ll lay it out step by step -

1) You need to check and see if you have any forked coins (shitcoins) here: http://Forkexplorer.com  AND http://www.findmycoins.ninja/

-If you plan to redeem those coins you can read about how to do so here:

Bitcoin Cash- https://bitcoinmagazine.com/articles/beginners-guide-claiming-your-bitcoin-cash-and-selling-it/

Bitcoin Gold- https://99bitcoins.com/how-to-claim-bitcoin-gold-btg-guide/

Bitcoin diamond/SuperBitcoin etc- https://steemit.com/cryptocurrency/@olsm/how-to-claim-bitcoin-diamond-bcd-super-bitcoin-sbtc-and-bitcoin-gold-btg

2) Now once you are ready to transfer your Bitcoin to an exchange to sell  

-Download Mycelium app

3) Once downloaded open app and click on “Coldstorage”
-scan private key QR code
-Make sure you click “SWEEP ALL FUNDS”- THIS IS VITAL !!!
-type in the wallet’s public address in which you wish to transfer bitcoin in order to sell
-Confirm it hits your new address and you’re ready to sell

4) Void paper wallet cold storage -No reason to use again & remember Satoshi said to never use a private key twice!
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krogothmanhattan
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January 30, 2018, 10:33:36 PM
 #2

That is cool to know bro! Thankyou
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January 31, 2018, 05:50:50 AM
Merited by LoyceV (2), TheQuin (1)
 #3

a little bit off topic but hopefully you understand this

4) Destroy paper wallet- Remember Satoshi said to never use a private key twice!

destroying paper wallet is not recommended, in case in the future you need the address for whatever reason
wouldn't it better to just say NEVER use the privatekey/address again instead of destroying it
also it is advisable to KEEP your old used wallet/address/privatekey, satoshi himself said it long ago in one his posts

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.

ChiBitCTy
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January 31, 2018, 05:56:27 AM
 #4

a little bit off topic but hopefully you understand this

4) Destroy paper wallet- Remember Satoshi said to never use a private key twice!

destroying paper wallet is not recommended, in case in the future you need the address for whatever reason
wouldn't it better to just say NEVER use the privatekey/address again instead of destroying it
also it is advisable to KEEP your old used wallet/address/privatekey, satoshi himself said it long ago in one his posts

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.

You’re right- I write Void on mine all over it (what I mean by destroy)- will update.

And no need to sigh - miner miscommunication/poor wording fixed. But why wouldn’t I understand it?   Cheesy
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January 31, 2018, 07:21:21 AM
 #5

1) You need to check and see if you have any forked coins (shitcoins) here- http://Forkexplorer.com
This looks like https://bitcore.cc/checker.php (which doesn't work anymore), and has the same bug: "Balance in $" is calculated from the wrong fields.
Example:


Thanks - I was starting to gather that. Do you know of one that works right these days? This is ridiculous and why they’re shitcoins -just throwing that out there
Just ignore the "Balance in $"-row, the Balance in Forkcoins is correct.

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January 31, 2018, 09:51:00 AM
 #6

You can sweep wallets/keys into mobile app Coinimi, I sold my BCH ages ago via Electron Cash & Bittrex but I swept my old private keys containing BTG last week into Coinimi app. It was really easy to do to be honest, I then sent my BTG to Bittrex & converted them into bitcoin.

Easy.
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January 31, 2018, 02:47:27 PM
 #7

These notes are quite more educative and comprehensible. Destroying old wallets should be avoided, rather keeping them asides in case of future eventualities.

ChiBitCTy
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January 31, 2018, 08:28:50 PM
 #8

You can sweep wallets/keys into mobile app Coinimi, I sold my BCH ages ago via Electron Cash & Bittrex but I swept my old private keys containing BTG last week into Coinimi app. It was really easy to do to be honest, I then sent my BTG to Bittrex & converted them into bitcoin.

Easy.

Thanks for the info!
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January 31, 2018, 09:32:20 PM
 #9

Wooow really cool! Thanks for the info.
ChiBitCTy
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February 02, 2018, 02:18:16 AM
 #10

Wooow really cool! Thanks for the info.

Happy to help!
ChiBitCTy
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February 22, 2018, 07:32:37 AM
 #11

Updated to add an awesome new website I found to check for forked coins- http://www.findmycoins.ninja/

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February 22, 2018, 11:52:37 AM
 #12

Updated to add an awesome new website I found to check for forked coins- http://www.findmycoins.ninja/
Wow, thanks for the website, didn't know it exist.
I have 4 electrum wallets and checking fork coins become tedious with dozens of forks happening in a short time.
Just checked I have $600 worth of fork coins in just hundreds of copying pasting.

Now to find the right wallet to claim them all.

Edit: The checker didn't support segwit yet, I can't search for fork coins using my segwit address Sad
ChiBitCTy
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February 22, 2018, 04:11:58 PM
 #13

Updated to add an awesome new website I found to check for forked coins- http://www.findmycoins.ninja/
Wow, thanks for the website, didn't know it exist.
I have 4 electrum wallets and checking fork coins become tedious with dozens of forks happening in a short time.
Just checked I have $600 worth of fork coins in just hundreds of copying pasting.

Now to find the right wallet to claim them all.

Edit: The checker didn't support segwit yet, I can't search for fork coins using my segwit address Sad

Damn, good point.  Maybe it'll add it before long.
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February 27, 2018, 04:03:48 AM
 #14

Is there any reason to name as Wallet the process of putting your private key on paper? I think this confuses a lot of people who are new and always have to explain better that paper wallet works more like a pig bank than an ordinary wallet. Some people face some difficulty in understanding that in the paper wallet it is recommended to use one only time and that you need to go through a few steps before using your BTC. Maybe calling Cold Storage on paper would be better.

Anyway, thank you for the tutorial. The explanation is very simple and I will always recommend it.


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binting
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February 28, 2018, 03:51:20 AM
 #15

If anyone out there is curious about this process (which I recently just went through) to sell Bitcoin on your cell phone from a paper wallet -than this thread is for you. I’ll lay it out step by step -

1) You need to check and see if you have any forked coins (shitcoins) here: http://Forkexplorer.com  AND http://www.findmycoins.ninja/

-If you plan to redeem those coins you can read about how to do so here:

Bitcoin Cash- https://bitcoinmagazine.com/articles/beginners-guide-claiming-your-bitcoin-cash-and-selling-it/

Bitcoin Gold- https://99bitcoins.com/how-to-claim-bitcoin-gold-btg-guide/

Bitcoin diamond/SuperBitcoin etc- https://steemit.com/cryptocurrency/@olsm/how-to-claim-bitcoin-diamond-bcd-super-bitcoin-sbtc-and-bitcoin-gold-btg

2) Now once you are ready to transfer your Bitcoin to an exchange to sell  

-Download Mycelium app

3) Once downloaded open app and click on “Coldstorage”
-scan private key QR code
-Make sure you click “SWEEP ALL FUNDS”- THIS IS VITAL !!!
-type in the wallet’s public address in which you wish to transfer bitcoin in order to sell
-Confirm it hits your new address and you’re ready to sell

4) Void paper wallet-No reason to use again & remember Satoshi said to never use a private key twice!
Well if your phone having a highest storage you can download apps for sellinh and buying bifcoins but its just you wait a time than other gadgets like laptop its just a faster than cellphone and its easy to touching keyboard
ChiBitCTy
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March 02, 2018, 02:25:08 AM
 #16

Is there any reason to name as Wallet the process of putting your private key on paper? I think this confuses a lot of people who are new and always have to explain better that paper wallet works more like a pig bank than an ordinary wallet. Some people face some difficulty in understanding that in the paper wallet it is recommended to use one only time and that you need to go through a few steps before using your BTC. Maybe calling Cold Storage on paper would be better.

Anyway, thank you for the tutorial. The explanation is very simple and I will always recommend it.

Is this helpful? It's important to leave paper wallet in there...paper wallets and hardware wallets (like trezor) are the two best ways to store your coins and really other ways are not recommended (like leaving coins on exchanges such as Coinbase or hot wallets like Blockchain or Mycelium).
ChiBitCTy
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March 02, 2018, 02:28:00 AM
 #17

If anyone out there is curious about this process (which I recently just went through) to sell Bitcoin on your cell phone from a paper wallet -than this thread is for you. I’ll lay it out step by step -

1) You need to check and see if you have any forked coins (shitcoins) here: http://Forkexplorer.com  AND http://www.findmycoins.ninja/

-If you plan to redeem those coins you can read about how to do so here:

Bitcoin Cash- https://bitcoinmagazine.com/articles/beginners-guide-claiming-your-bitcoin-cash-and-selling-it/

Bitcoin Gold- https://99bitcoins.com/how-to-claim-bitcoin-gold-btg-guide/

Bitcoin diamond/SuperBitcoin etc- https://steemit.com/cryptocurrency/@olsm/how-to-claim-bitcoin-diamond-bcd-super-bitcoin-sbtc-and-bitcoin-gold-btg

2) Now once you are ready to transfer your Bitcoin to an exchange to sell  

-Download Mycelium app

3) Once downloaded open app and click on “Coldstorage”
-scan private key QR code
-Make sure you click “SWEEP ALL FUNDS”- THIS IS VITAL !!!
-type in the wallet’s public address in which you wish to transfer bitcoin in order to sell
-Confirm it hits your new address and you’re ready to sell

4) Void paper wallet-No reason to use again & remember Satoshi said to never use a private key twice!
Well if your phone having a highest storage you can download apps for sellinh and buying bifcoins but its just you wait a time than other gadgets like laptop its just a faster than cellphone and its easy to touching keyboard

I would recommend trying not to use a computer when doing anything with your crypto when possible (besides making paper wallets on a PC that has never seen the internet (while offline) as well as you need to use a non-wifi printer that's never connected to the internet / as well as when using a hardware wallet obviously you have to).  Cell Phones are much safer than windows pc's  (I'm sure you could prob. make a strong case for Mac computers being pretty safe however ).
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March 04, 2018, 11:11:59 PM
 #18

Thanks for sharing the useful info. Maybe this will be needed to me in near future.
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