BTC Loan

[grandman58]

Hello,

I need a loan of 0.5 btc that I can repay in 2 months with whatever interest is asked.

What I can offer as collateral is a wallet that has 2.1 btc in it.
I could extract the amount needed from it, but the wallet has a ton of small inputs to form that sum, and in order to not get a too large transaction error I need to make a ton of small transactions to get there and it takes a huge amount of time.
I need the amount faster than that for a urgent matter.

I'm not 100% sure if this is acceptable to anyone here.
I hope it is.

[1714533817]

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[1714533817]

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[1714533817]

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[1714533817]

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[1714533817]

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[1714533817]

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[bitbollo]

Hello,

I need a loan of 0.5 btc that I can repay in 2 months with whatever interest is asked.

What I can offer as collateral is a wallet that has 2.1 btc in it.
I could extract the amount needed from it, but the wallet has a ton of small inputs to form that sum, and in order to not get a too large transaction error I need to make a ton of small transactions to get there and it takes a huge amount of time.
I need the amount faster than that for a urgent matter.

I'm not 100% sure if this is acceptable to anyone here.
I hope it is.

I would hope that you're not serious with such request. But yes why not trust a brand new account?

Just because if you offer a "wallet " as a collateral  (I guess you mean a private key that can unlock funds for 2.1 btc)... basically you can keep a copy? (well, basically this is not a valid collateral).

Moreover why you don't send by yourself all these "small inputs" in one transaction and unlock this amount?
Add a decent size fee and you have your amount in 10-30 minutes.
obviously you don't have a transaction error that's a really lame/silly excuse.

[grandman58]

Moreover why you don't send by yourself all these "small inputs" in one transaction and unlock this amount?
Add a decent size fee and you have your amount in 10-30 minutes.
obviously you don't have a transaction error that's a really lame/silly excuse.

If someone can tell me how I can set up 500 transaction of 0.001 in one so I don't get the error, and I don't have to do it 500 times in transaction manually, I'd be happy not to ask for anything

[bitbollo]

Moreover why you don't send by yourself all these "small inputs" in one transaction and unlock this amount?
Add a decent size fee and you have your amount in 10-30 minutes.
obviously you don't have a transaction error that's a really lame/silly excuse.

If someone can tell me how I can set up 500 transaction of 0.001 in one so I don't get the error, and I don't have to do it 500 times in transaction manually, I'd be happy not to ask for anything

you can just made your transaction with 100 input and problem solved
what wallet are you using? if you load your private key in electrum it will be managed automatically.

[grandman58]

Moreover why you don't send by yourself all these "small inputs" in one transaction and unlock this amount?
Add a decent size fee and you have your amount in 10-30 minutes.
obviously you don't have a transaction error that's a really lame/silly excuse.

If someone can tell me how I can set up 500 transaction of 0.001 in one so I don't get the error, and I don't have to do it 500 times in transaction manually, I'd be happy not to ask for anything

you can just made your transaction with 100 input and problem solved
what wallet are you using? if you load your private key in electrum it will be managed automatically.

Ok. Never used electrum.
I'm using bitcoin-core and the wallet dat file loaded.
I did manage to make a 0.00175 transfer with no error, but that takes me like a million years to get to the sum I need.

[bitbollo]

I leave you these two links to read up on the subject, so you are able to understand how it works.
I think it's quite easy as a process and certainly does not require a loan or use a wallet as collateral .

https://bitcoincore.org/en/doc/0.16.0/rpc/wallet/dumpprivkey/
https://bitcoinelectrum.com/importing-your-private-keys-into-electrum/

generally speaking providing a btc private key as a collateral it's kind of silly proposal as you can easily understand ...

[grandman58]

I leave you these two links to read up on the subject, so you are able to understand how it works.
I think it's quite easy as a process and certainly does not require a loan or use a wallet as collateral .

https://bitcoincore.org/en/doc/0.16.0/rpc/wallet/dumpprivkey/
https://bitcoinelectrum.com/importing-your-private-keys-into-electrum/

generally speaking providing a btc private key as a collateral it's kind of silly proposal as you can easily understand ...

Ok.
Thanks.
I didn't want to annoy anyone, I'm just a bit desperate to solve my problem.

[Edwardard]

I'm using bitcoin-core and the wallet dat file loaded.
I did manage to make a 0.00175 transfer with no error, but that takes me like a million years to get to the sum I need.

Could you explain more about the source of those small transactions which clogged up your wallet? The total sum is too large.
Meanwhile, did you read this guide ?How to fix “Transaction too large” error when sending coins from wallet

[LoyceV]

What I can offer as collateral is a wallet that has 2.1 btc in it.
I could extract the amount needed from it, but the wallet has a ton of small inputs to form that sum, and in order to not get a too large transaction error I need to make a ton of small transactions to get there and it takes a huge amount of time.
I need the amount faster than that for a urgent matter.

If someone can tell me how I can set up 500 transaction of 0.001 in one so I don't get the error, and I don't have to do it 500 times in transaction manually, I'd be happy not to ask for anything

I'm using bitcoin-core and the wallet dat file loaded.
I did manage to make a 0.00175 transfer with no error, but that takes me like a million years to get to the sum I need.

First: I wrote a topic on How to Consolidate your small inputs years ago. Read it
You're not the first, although having that many small inputs is uncommon (but not impossible). What did you do: collect faucets for years?
Anyway, in Bitcoin Core it's fairly easy to handle. First, enable Coin Control: Settings > Options > Wallet > Enable coin control features. Then, go to Send > Inputs and manually select a bunch of inputs. You can sort them on size and start with the largest ones. Select for instance 100 at a time, set the lowest fee (1 sat/byte), and send the entire amount to a new address that you own. Keep doing this until you have no more small amounts in your wallet.
If you're desperate enough, I can do it for you (at a price). But it shouldn't be too difficult to do this on your own.

https://bitcoincore.org/en/doc/0.16.0/rpc/wallet/dumpprivkey/
https://bitcoinelectrum.com/importing-your-private-keys-into-electrum/

Don't do this! Bitcoin Core is fine, no need to switch to Electrum.

[grandman58]

What I can offer as collateral is a wallet that has 2.1 btc in it.
I could extract the amount needed from it, but the wallet has a ton of small inputs to form that sum, and in order to not get a too large transaction error I need to make a ton of small transactions to get there and it takes a huge amount of time.
I need the amount faster than that for a urgent matter.

If someone can tell me how I can set up 500 transaction of 0.001 in one so I don't get the error, and I don't have to do it 500 times in transaction manually, I'd be happy not to ask for anything

I'm using bitcoin-core and the wallet dat file loaded.
I did manage to make a 0.00175 transfer with no error, but that takes me like a million years to get to the sum I need.

First: I wrote a topic on How to Consolidate your small inputs years ago. Read it
You're not the first, although having that many small inputs is uncommon (but not impossible). What did you do: collect faucets for years?
Anyway, in Bitcoin Core it's fairly easy to handle. First, enable Coin Control: Settings > Options > Wallet > Enable coin control features. Then, go to Send > Inputs and manually select a bunch of inputs. You can sort them on size and start with the largest ones. Select for instance 100 at a time, set the lowest fee (1 sat/byte), and send the entire amount to a new address that you own. Keep doing this until you have no more small amounts in your wallet.
If you're desperate enough, I can do it for you (at a price). But it shouldn't be too difficult to do this on your own.

https://bitcoincore.org/en/doc/0.16.0/rpc/wallet/dumpprivkey/
https://bitcoinelectrum.com/importing-your-private-keys-into-electrum/

Don't do this! Bitcoin Core is fine, no need to switch to Electrum.

Yo. This was extremely helpful.
It's working, kind of slow, but I'm consolidating the smaller inputs.
And to answer your question about what I did.
Essentially yes. I wrote some screen capturing software to look at some faucets and click the button once every whatever time the faucet had.
Started it in 2015. It worked and didn't , might have had more by now if the software was any better.
I'm a software engineer, not really familiar with everything crypto.
Thanks again for your help

[LoyceV]

It's working, kind of slow, but I'm consolidating the smaller inputs.

For what it's worth: you don't have to wait for a confirmation, you can just keep going and create as many transactions as you need.

Essentially yes. I wrote some screen capturing software to look at some faucets and click the button once every whatever time the faucet had.
Started it in 2015.

In that case you may also have a couple hundred bucks worth of Forkcoins. But don't bother about them as long as you have any Bitcoin in that wallet. Also, for 2 Bitcoin, you may want to look at a more secure storage method than a hot wallet (connected to the internet).

Thanks again for your help

You're welcome

[Timelord2067]

Wallets such as Ballet and Coinomi will sweep forked bitcoin wallets from a priv key into their app wallet (AFAIK they are "still your keys" - the app wallet that is).

Not sure what their going rate is for sweeping dust for such a large amount, but those two wallets cover a few of the more well known forked bitcoin variants.  (You can also sweep core bitcoins into many wallets too)

(I also have heard "TRUST" wallet will sweep forked bitcoins, however, I haven't tried that one myself - just Ballet and Coinomi apps).

Ensure you have cleared out all "core" bitcoins first before tackling any forked bitcoins.  

With the Ballet Wallet you can leave the swept funds in cold storage via their wallet & privkey card.