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Author Topic: Instant transfer for incoming payments  (Read 148 times)
marionone (OP)
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December 09, 2022, 04:25:06 PM
 #1

I have old electrum bitcoin wallet to which I receive payments.

Is there a way to "auto-forward" all incoming payments to another address using Electrum? Thanks
knowngunman
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December 09, 2022, 04:32:03 PM
 #2

I have old electrum bitcoin wallet to which I receive payments.

Is there a way to "auto-forward" all incoming payments to another address using Electrum? Thanks
I think something of this type has been discussed here thou. You can check out this thread perhaps you might get a solution there. Auto forward

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dimonstration
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December 09, 2022, 04:34:32 PM
 #3

I have old electrum bitcoin wallet to which I receive payments.

Is there a way to "auto-forward" all incoming payments to another address using Electrum? Thanks

Do you still have the private key to your old Bitcoin wallet address? Because you always request a new address on same private key and receives the balance on the new address without the need on forwarding it to the new one.

I believe you need a script to do this if you want to transfer the Bitcoin to separate address with different private key.
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December 09, 2022, 07:12:52 PM
Merited by hugeblack (4)
 #4

The script knowngunman linked to might be working, but it most likely not because it was written in 2013 and Electrum has had a massive list of updates since then.

I strongly recommend you to replace your old bitcoin wallet with the new one, wherever you have it, because even if the script works, it doesn't seem tested (might have flaws), and you're going to pay more in fees than needed. Not only because you'll make each transaction twice, but because SegWit didn't exist in 2013.

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December 09, 2022, 10:47:13 PM
 #5

Why would you need to auto-forward the script?
What exactly do you want to achieve?

Are you going to use it in someone's wallet?

Bitcoin is the money it's too risky to automate the transfer of BTC to another wallet.
But if it is not for any bad habit then Blockonomics is what I know have auto forward BTC to another address.

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December 11, 2022, 10:33:12 PM
 #6


Is there a way to "auto-forward" all incoming payments to another address using Electrum? Thanks

Foward payment makes little sense, as it comes with a cost (you need to pay for the transactions)

why don't you just import your old wallet private key into your new wallet? This can be easily done using electrum or any other wallet.

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Charles-Tim
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December 13, 2022, 08:27:28 AM
 #7

I have old electrum bitcoin wallet to which I receive payments.

Is there a way to "auto-forward" all incoming payments to another address using Electrum? Thanks
You want to auto-foward unconfirmed transactions so that you can get the final payment on a new or another address not belonging to your old wallet? Why don't you just update your Electrum wallet instead of auto-foward?

Or you are think the seed phrase or private key of the old electrum is not safe and secure anymore? You can download new Electrum wallet from https://electrum.org/#home and verify its signature.

Are you going to use it in someone's wallet?
This is what I could think about, to be used against someone. Or any likely good reason to auto-foward?

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December 15, 2022, 06:16:10 PM
 #8

Makes me think that some (FOSS) software should be designed to do this. Preferably with a disclaimer such as "Do not use this tool for illegal purposes. We are not responsible for any action you take with this software" since it would inadvertently make coin theft much easier.

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December 16, 2022, 10:23:15 AM
Merited by hugeblack (4), NeuroticFish (2)
 #9

Makes me think that some (FOSS) software should be designed to do this.

Unfortunately there's no individual willing to create one and no company willing to share their forwarder tool.

Preferably with a disclaimer such as "Do not use this tool for illegal purposes. We are not responsible for any action you take with this software" since it would inadvertently make coin theft much easier.

Such disclaimer is probably useless since,
1. Open source license usually have clause which state the author can't be hold liable.
2. Theft or anyone else with bad intention would ignore license, disclaimer or ToS.

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