Topic: Are old paper wallets safe ?? 3 years old address (Read 307 times)
I personally have this wallet which address was created on 2014 and so far it is still safe. I don’t think a new wallet would be a necessity for me since I currently have quite big amount of bitcoin and I just keep on bring cautious whenever I open ny account.
This is probably the only reason of why i would buy a trezor/ledger if i was in his shoes, if he has a few bitcoins,
now he is going to receive bitcoin cash + bitcoin gold, and bcash is worth a lot right now.
It depends, maybe if he move his funds to a wallet that has segwit intregated he will spend more time and money trying to move those funds.
All those wallets that have segwit are the real glory.. I have probably saved more than $250 since i have segwit on my wallet.
now he is going to receive bitcoin cash + bitcoin gold, and bcash is worth a lot right now.
And a bonus: since you didn't move your money, you'll have for that address some Bcash, Bgold and whatever other forks they did/will do.
It depends, maybe if he move his funds to a wallet that has segwit intregated he will spend more time and money trying to move those funds.
All those wallets that have segwit are the real glory.. I have probably saved more than $250 since i have segwit on my wallet.
* the network is busy and this makes the fee/kb get high.
Yup its safe, doesn't matter how old is it, your bitcoins are safe.
Of course that they are, in fact, having your private key and your public key on a paper is one of the best things that you can do.
I always wanted to do this, but i obviously picked a ledger nano instead of that, only because it is more easy to manage and you do not have to be always exporting the key in order to be able to see the balance and manage the money.
Try to export your private key to blockchain.info, there is a tutorial in the forum about how to do it.
Once that you do it, you will be able to see your balance and move it to whetever you want to .
I always wanted to do this, but i obviously picked a ledger nano instead of that, only because it is more easy to manage and you do not have to be always exporting the key in order to be able to see the balance and manage the money.
Try to export your private key to blockchain.info, there is a tutorial in the forum about how to do it.
Once that you do it, you will be able to see your balance and move it to whetever you want to .
Because it is an old address, is it possible to import it to a Ledger wallet and then have access to all the forked coins ?
How long you've used the address for is irrelevant.If I understand correctly, you can only import seeds into the Ledger, so if you have your private key written down as a single string (which is the most likely case) then you won't be able to export your private key directly into the Ledger.
You could try exporting your private key into blockchain.info or another trustworthy place, and then sending the coins to your Ledger.
Your Bitcoin is safe. The fees are high for two possible reasons:
* the network is busy and this makes the fee/kb get high
* your money may be built of many small inputs. And the transaction fee rises with every input you add (because the fee is per kb and each input increases the transaction size)
And a bonus: since you didn't move your money, you'll have for that address some Bcash, Bgold and whatever other forks they did/will do.
* the network is busy and this makes the fee/kb get high
* your money may be built of many small inputs. And the transaction fee rises with every input you add (because the fee is per kb and each input increases the transaction size)
And a bonus: since you didn't move your money, you'll have for that address some Bcash, Bgold and whatever other forks they did/will do.
Thanks !
Because it is an old address, is it possible to import it to a Ledger wallet and then have access to all the forked coins ?
Your Bitcoin is safe. The fees are high for two possible reasons:
* the network is busy and this makes the fee/kb get high
* your money may be built of many small inputs. And the transaction fee rises with every input you add (because the fee is per kb and each input increases the transaction size)
And a bonus: since you didn't move your money, you'll have for that address some Bcash, Bgold and whatever other forks they did/will do.
* the network is busy and this makes the fee/kb get high
* your money may be built of many small inputs. And the transaction fee rises with every input you add (because the fee is per kb and each input increases the transaction size)
And a bonus: since you didn't move your money, you'll have for that address some Bcash, Bgold and whatever other forks they did/will do.
Hello,
If someone has a paper wallet created roughly 3 years ago, is the small amount of bitcoin on it safe ?
Do old bitcoin addresses become unusable ? I only ask as I have an old address and the fees to sweep this is very high compared to a newly created wallet ?
I am happy to keep this old paper wallet, I just want to know that the small amount of a BTC is safe on this
If someone has a paper wallet created roughly 3 years ago, is the small amount of bitcoin on it safe ?
Do old bitcoin addresses become unusable ? I only ask as I have an old address and the fees to sweep this is very high compared to a newly created wallet ?
I am happy to keep this old paper wallet, I just want to know that the small amount of a BTC is safe on this
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