$300 for help

[TadpolesIsAWinner]

I need to peel a physical Bitcoin, enter it into electrum, transfer it to coinbase and sell it. If you help me with that and you are a trusted member of this community, I will pay you $500. Need to call me and walk me through the process. Once money hits Coinbase I'll hook up $500.  Need references. If you have sterling references on this forum I'll front $100 and send the $400 once money hits Coinbase. Thanks!!!

Obviously I'm not gonna tell you the private key, just need you to walk me through the process of accessing it and selling it and I'll give you $500 not playing, it's enough BTC where $500 is worth the safety of me doing it myself and fucking up.

I know my post says $300 but if you're a trusted member of this community I'll do $500.

You can see I'm not on this forum a ton, but if you check my history you can see I was up on here in 2012-2013. So I think you can realize that I have a little bit of clout and just need some technical help. Thank you!

[DireWolfM14]

First things first, make sure you've downloaded Electrum from the official source, and verify it using the GPG signatures.  More information here: https://bitcointalk.org/index.php?topic=5240594.0

It's really quite simple, and you probably don't need (or want) anyone helping via a phone call.  Not to mention, sharing a phone number is not secure or private.  Here're the steps needed:

Once you've installed Electrum and launch it for the first time, this is what you'll see:



Click next then select "Import Bitcoin address or private key."



Click next, and enter your private key (or keys.)  You can list as many keys as you'd like.  Here's an example:



Click next, and then enter a strong password,



Click finish, and you'll be taken to the address's history tab.



Once you've reached this point, you can click on the "Veiw" menu and enable all the tabs you'd like to see.  The "Addresses" tab will list all the addresses for the keys you've imported.




The rest should be pretty straight forward also.  Go to your Coinbase account, and select Depostit > Deposit Crypto.  Search for bitcoin, and select the Bitcoin Default chain.  They'll provide you with an address.  In Electrum select the "Send" tab, enter the address provided by Coinbase, and double check it to make sure the address hasn't been altered.  Fill out the amount you want to send, and then click "Pay"  follow the prompts and your bitcoin will be on it's way to your Coinbase account.  Be patient, Coinbase requires six confirmations before they post your coins in your available balance.

[pooya87]

I need to peel a physical Bitcoin

I hope you are aware that physical bitcoins are categorized as "collectibles" and because of that, they usually have a higher value than the amount of coins they store. Meaning if you "peel" it and spend the coins, you are destroying that collectible and missing on some extra value.
There is a board for it here: https://bitcointalk.org/index.php?board=217.0

[nc50lc]

Need to call me and walk me through the process.

A post with step-by-step instructions with screenshots should suffice.
Electrum supports mini private key so there shouldn't be any issue with import if it's one of those old coins.

Basically, you'll need an offline (Air-Gap) PC and an online PC to do it safely;
But if you want to risk it, you can go straight import online then send to Coinbase (not recommended).

If you don't have access to an Air-Gap PC: since you're going to send the entire amount anyways, you can temporarily set a secure machine's connections off to be used as the "offline PC" and keep it offline just until the final transaction has 6+ confirmations.

Here're the steps:
Pre-requisite: Use a USB flash drive to store a copy of Electrum from https://electrum.org/#download (you may verify it to check for additional safety check)

In your offline PC:

• 1. Install Electrum from the USB Flash Drive, Open it and create a new wallet (type a wallet name, click 'Next')
  
  
• 2. Select the option, "Import Bitcoin addresses or private keys", click 'Next'
  
  
• 3. Type your Coin's Private key, the sample is a "Mini Private key" that's common on those old coins.
  
  Click 'Next'.
  
• 4. Type a strong password for wallet encryption:
  
  That'll will finish creating your wallet.
  
• 5. The wallet will open but will not sync since it's offline, just get your address from the 'Addresses' tab, to enable it, tick "View->Show Addresses"
  
• 6. Open Addresses tab and copy your address, that's case-sensitive.
  
• 7. Then you can shutdown the offline PC while you setup the online PC.

In your separate online PC (I used a different address in this part and the rest):

• 1. Repeat steps 1-3 from above but instead of private key, type the address that you've copied instead.
  Then finish creating the watch-only wallet.
• 2. Let it sync to view your balance, then prepare to create a send transaction by getting your recipient address.
• Go to "Send" Tab and type/paste the address and click "Max", that will automatically send the entire amount adjusted based from the fee that you'll set.
  
  Clicking "Pay" will display the new transaction window below.
• 3. In the 'new transaction' window, set the fee slider to set the 'mining fee' to about 5~10 sat/vBytes for a relatively cheap but higher than the priority transaction fee at the moment, then click 'Ok'.
  
• 4. In the unsigned transaction window, click "Share", then "Save to File" then save the '.psbt' file to your USB flash drive.
  
• 5. Transfer that flash drive to your Offline PC.

Back to your offline PC:

• Open your offline Electrum wallet and click the menu: "Tools->Load transaction from file", then select the .psbt file that you've saved.
  
• The transaction will open, click "Sign" and type your password to sign it.
  
• Once it's signed, broadcast button should be available and sign will be grayed out, that's an indication that it's ready to be sent to the network using your online Elelctrum.
  
• Redo Step4 above to export the Signed transaction '.txn' file and save that to the USB Flash Drive. Shutdown the offline PC for now.

Last step, Back to your online PC:

• transfer that Signed transaction '.txn' file to the online PC and load it using the options in step1 above ("Tools->Load transaction from file")
• Triple check everything specially the amount and address, check all of the address' characters, not just the first and last.
• Last step is to click "Broadcast".
• In case that you've used a temporary offline PC instead of a dedicated Air-Gap PC, wait for the transaction to get more than 6 confirmation before using the offline PC where you imported the private key to be safe.

[keychainX]

I need to peel a physical Bitcoin, enter it into electrum, transfer it to coinbase and sell it. If you help me with that and you are a trusted member of this community, I will pay you $500. Need to call me and walk me through the process. Once money hits Coinbase I'll hook up $500.  Need references. If you have sterling references on this forum I'll front $100 and send the $400 once money hits Coinbase. Thanks!!!

Before you peel it, try to sell it, you might get 20-40% premium on the value...

[LoyceV]

@DireWolfM14 (and @TadpolesIsAWinner): Entering a valuable private key from cold storage into an online computer is bad practice. If there's malware on the system, the Bitcoins will instantly be stolen.

To add to the pile of suggestions from people who don't like phone calls, this is what I wrote years ago:

I was considering Electrum, only downside is that when creating a wallet, seed creation is exposed

Online:
Install Electrum on your PC.
Import your address to create a watch-only wallet.
Preview the transaction, Copy the unsigned transaction. Put it on a USB stick.

Offline and running without hard drive storage:
Get a Linux LIVE DVD. Use Knoppix or Tails for instance, or any other distribution that comes with Electrum pre-installed.
Unplug your internet cable. Close the curtains. Reboot your computer and start up from that DVD. Don't enter any wireless connection password. Keep it offline.
Start Electrum. Import your private key.
Copy your unsigned transaction from the USB stick, load it into Electrum.
CHECK the transaction in Electrum. Check the fees, check the amount, check all destination addresses (character by character).
If all is okay, sign the transaction. Copy it back to your USB stick.
Turn off the computer. That wipes the Live LINUX from memory and all traces are gone.

Online:
Use your normal online Electrum to (check again and) broadcast the transaction.

Bonus:
After moving all your Bitcoin, and once the transaction confirmed, check if you own Forkcoins.

[DaveF]

Any reason you are going with Coinbase? There are lower fee places. I do use them but accept the fact that it's costing me a bit of $.

Where are you located?

In addition to what @LoyceV said about doing it offline, there are some other tools out there that also work offline but are a bit more difficult to use.

Keep in mind that for what you are doing you really have to be moving the entire balance to the exchange. Otherwise you have to worry about where any change from the transaction is going.

What type of coin and what amount? As others have said it might be worth a bit more $ then just face value.

-Dave

[alexeyneu]

check address on send. can be changed during copy-paste

[BitMaxz]

I also suggest doing it on an offline PC just to make sure you are far from online attacks; if not, you might end up like others that I heard before after pasting or typing the private key to Electrum, all funds are sent to a random address.

Usually physical Bitcoin private keys are mini private keys. Electrum should support it, but if you are having trouble importing the mini private key, you may need to download and run bitaddress.org offline to convert the mini private key to the WIF key.

[TadpolesIsAWinner]

Thanks for all your guys' help, you're the best

Any reason you are going with Coinbase? There are lower fee places. I do use them but accept the fact that it's costing me a bit of $.

Where are you located?

In addition to what @LoyceV said about doing it offline, there are some other tools out there that also work offline but are a bit more difficult to use.

Keep in mind that for what you are doing you really have to be moving the entire balance to the exchange. Otherwise you have to worry about where any change from the transaction is going.

What type of coin and what amount? As others have said it might be worth a bit more $ then just face value.

-Dave

1btc Recalescence Physical

I need to peel a physical Bitcoin, enter it into electrum, transfer it to coinbase and sell it. If you help me with that and you are a trusted member of this community, I will pay you $500. Need to call me and walk me through the process. Once money hits Coinbase I'll hook up $500.  Need references. If you have sterling references on this forum I'll front $100 and send the $400 once money hits Coinbase. Thanks!!!

Before you peel it, try to sell it, you might get 20-40% premium on the value...

Thanks. I posted here a few months ago and people were saying the premium would only be like 5% over BTC value and recommending just peeling it because 5% isn't worth the hassle of trying to sell a coin for $100k when I can't ship it since they won't insure that much value.


[moderator's note: consecutive posts merged]

[RickDeckard]

Thanks for all your guys' help, you're the best

Just follow the excellent step by step guide made by nc50lc and you're set. To make it more foolproof, the private key that you need to insert in step 3 within the offline stage, is the one that appears on the back[1] of your peeled hologram.
[1]https://cryptonumist.com/coin/recalescence-coins/