Topic: Electrum and 1st of August. - page 3. (Read 5758 times)

Quote from: BTCLovingDude on July 09, 2017, 06:20:45 AM

Electrum wallet - I just have icon on my desktop.
I have copied electrum.dat to USB but I'm not sure if that is what you mean.?

Offline ?

I don't want to be pain but sadly I'm a bit clueless Sad

offline aka cold storage: http://docs.electrum.org/en/latest/coldstorage.html

two things you need to back uo
1. seed: http://docs.electrum.org/en/latest/faq.html#what-is-the-seed
2. wallet file: http://docs.electrum.org/en/latest/faq.html#where-is-my-wallet-file-located

you can and should write down the seed on piece of paper.

https://www.bitaddress.org/

I'm still on Electrum 1.6.1 should I update it to newer version or old one is good enough ?

Thank you very much for your help

wow, that is OLD Cheesy

be careful when upgrading. make sure to back up your wallet file and seed first and also read this link: http://docs.electrum.org/en/latest/faq.html#how-to-upgrade-electrum
then upgrade. the wallet has changed since version 1.x and you may encounter some troubles. so it is best to have these 2 backups just in case.

I bought BTC in 2013 and guy said to me to use Electrum to store them.
So I downloaded Electrum and didn't fidle with it since.

I'm mining ALT coins and all that stuff but I have stopped doing anything BTC related since Habannero boards stopped being profitable.

I have seed (random words) stored on USB drive.
I have Electrum.dat on the same USB drive.
Is this good enough backup before updating ?

What issues can I encounter ?

I'm going to read that article about upgrading.

I really appreciate your help

There is a new version of Electrum releasing this week. Maybe wait for that one?

I will do that then

Would you recommend any website for them paper wallets ?

Thank you

Had a look and it created QR code.

So the QR codes in Electrum are private keys I should print on paper to be safe ?

Thank you

I don't know what you are looking at. To be 100% certain you would be best to try spending some Bitcoin using what you think is the private key.

SVK

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Activity: 378

Merit: 250

Quote from: BitcoinHodler on July 09, 2017, 07:14:16 AM

QR code is just a bunch of dots on a square, it is not necessarily your private key. think of QR as barcode but instead of 1 dimension it has 2.

make sure you are using the QR code of your "private key" not QR code of your public key, or bitcoin address or anything else if you want to back up. for example in bitaddress.org the QR code on the left is your bitcoin address in base58 and the QR on the right is the private key.

p.s. private key starts with 5 or L or K

Thank you so much

QR in electrum starts with 1 so that is only public key.?

Would you know how to get private key from electrum ?
I'm worried to send BTC to some random generator :/

BitcoinHodler

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HODLing is an art, not just a word...

QR code is just a bunch of dots on a square, it is not necessarily your private key. think of QR as barcode but instead of 1 dimension it has 2.

make sure you are using the QR code of your "private key" not QR code of your public key, or bitcoin address or anything else if you want to back up. for example in bitaddress.org the QR code on the left is your bitcoin address in base58 and the QR on the right is the private key.

p.s. private key starts with 5 or L or K

SVK

sr. member

Activity: 378

Merit: 250

Quote from: Mahanton on July 09, 2017, 06:57:33 AM

Quote from: SVK on July 09, 2017, 06:04:53 AM

Quote from: Minecache on July 09, 2017, 05:56:14 AM

Quote from: SVK on July 09, 2017, 05:48:31 AM

Quote from: BTCLovingDude on July 09, 2017, 05:40:27 AM

This explains most things that you need to know: http://docs.electrum.org/en/latest/hardfork.html

Thank you very much for your help.

I have stumbled across that article and my head exploded that's why I went on here to ask.

I have zero clue what is that guy talking about. Splitting coins ?
I'm not confident enough to start splitting anything. I can cut apple in two half's but not bitcoin

He is talking about command lines but I'm using Windows 7 Sad

Who the fuck fell on his head and came up with idea to split bitcoin ? WTF ?

Would it be best if I change all BTC into cash ?
(unfortunately I'm not verified on any exchange so I will not be able to take money out)

The best advice would be to leave your coins untouched until everything has settled down and the dev updates the wallets to include easy chain splitting. I use Electrum too and this is my plan.

Thank you very much

That's one of the best options

I didn't touch it since 2013 but now Bitcoin is gone from August 1 I'm not sure.

It's sad to see bitcoin going as it was interesting ride for couple of years but I guess nothing lasts forever.

Nothing do last forever and bitcoin could possibly be gone but you cant be sure if there would be a split or not on this upcoming August 1, Storing them on electrum is just fine as long you know its secure and if your quiet hesitated then paper wallet or hardware wallet would be the best choice.If you dont actively touching this coins then its the best option.

Electrum is able to display QR code.
Is that QR code the private key I have to print with printer to be safe ?

I'm not willing to transfer anything anywhere (lost couple BTC thanks to scammer before)

SVK

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Activity: 378

Merit: 250

Quote from: xFiber on July 09, 2017, 06:52:58 AM

I'm also holding the majority of my coins in my electrum wallet as well. Normally there shouldn't be anything to worry about really. However it isn't certain that bitcoin will split. Bitcoin will only split if there isn't a majority for segwit2x, but I have confidence that won't happen.

when you right click on address in electrum it gives you option to see QR code.

Is that a private key I need ?

Mahanton

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Activity: 2730

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Quote from: SVK on July 09, 2017, 06:04:53 AM

Quote from: Minecache on July 09, 2017, 05:56:14 AM

Quote from: SVK on July 09, 2017, 05:48:31 AM

Quote from: BTCLovingDude on July 09, 2017, 05:40:27 AM

This explains most things that you need to know: http://docs.electrum.org/en/latest/hardfork.html

Thank you very much for your help.

I have stumbled across that article and my head exploded that's why I went on here to ask.

I have zero clue what is that guy talking about. Splitting coins ?
I'm not confident enough to start splitting anything. I can cut apple in two half's but not bitcoin

He is talking about command lines but I'm using Windows 7 Sad

Who the fuck fell on his head and came up with idea to split bitcoin ? WTF ?

Would it be best if I change all BTC into cash ?
(unfortunately I'm not verified on any exchange so I will not be able to take money out)

The best advice would be to leave your coins untouched until everything has settled down and the dev updates the wallets to include easy chain splitting. I use Electrum too and this is my plan.

Thank you very much

That's one of the best options

I didn't touch it since 2013 but now Bitcoin is gone from August 1 I'm not sure.

It's sad to see bitcoin going as it was interesting ride for couple of years but I guess nothing lasts forever.

Nothing do last forever and bitcoin could possibly be gone but you cant be sure if there would be a split or not on this upcoming August 1, Storing them on electrum is just fine as long you know its secure and if your quiet hesitated then paper wallet or hardware wallet would be the best choice.If you dont actively touching this coins then its the best option.

xFiber

sr. member

Activity: 336

Merit: 252

I'm also holding the majority of my coins in my electrum wallet as well. Normally there shouldn't be anything to worry about really. However it isn't certain that bitcoin will split. Bitcoin will only split if there isn't a majority for segwit2x, but I have confidence that won't happen.

SVK

sr. member

Activity: 378

Merit: 250

Quote from: Minecache on July 09, 2017, 06:37:55 AM

Quote from: SVK on July 09, 2017, 06:34:22 AM

Quote from: Minecache on July 09, 2017, 06:32:59 AM

Quote from: BTCLovingDude on July 09, 2017, 06:20:45 AM

Electrum wallet - I just have icon on my desktop.
I have copied electrum.dat to USB but I'm not sure if that is what you mean.?

Offline ?

I don't want to be pain but sadly I'm a bit clueless Sad

offline aka cold storage: http://docs.electrum.org/en/latest/coldstorage.html

two things you need to back uo
1. seed: http://docs.electrum.org/en/latest/faq.html#what-is-the-seed
2. wallet file: http://docs.electrum.org/en/latest/faq.html#where-is-my-wallet-file-located

you can and should write down the seed on piece of paper.

https://www.bitaddress.org/

I'm still on Electrum 1.6.1 should I update it to newer version or old one is good enough ?

Thank you very much for your help

wow, that is OLD Cheesy

be careful when upgrading. make sure to back up your wallet file and seed first and also read this link: http://docs.electrum.org/en/latest/faq.html#how-to-upgrade-electrum
then upgrade. the wallet has changed since version 1.x and you may encounter some troubles. so it is best to have these 2 backups just in case.

I bought BTC in 2013 and guy said to me to use Electrum to store them.
So I downloaded Electrum and didn't fidle with it since.

I'm mining ALT coins and all that stuff but I have stopped doing anything BTC related since Habannero boards stopped being profitable.

I have seed (random words) stored on USB drive.
I have Electrum.dat on the same USB drive.
Is this good enough backup before updating ?

What issues can I encounter ?

I'm going to read that article about upgrading.

I really appreciate your help

There is a new version of Electrum releasing this week. Maybe wait for that one?

I will do that then

Would you recommend any website for them paper wallets ?

Thank you

Had a look and it created QR code.

So the QR codes in Electrum are private keys I should print on paper to be safe ?

Thank you

Minecache

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Activity: 2184

Merit: 1024

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Quote from: SVK on July 09, 2017, 06:34:22 AM

Quote from: Minecache on July 09, 2017, 06:32:59 AM

Quote from: BTCLovingDude on July 09, 2017, 06:20:45 AM

Electrum wallet - I just have icon on my desktop.
I have copied electrum.dat to USB but I'm not sure if that is what you mean.?

Offline ?

I don't want to be pain but sadly I'm a bit clueless Sad

offline aka cold storage: http://docs.electrum.org/en/latest/coldstorage.html

two things you need to back uo
1. seed: http://docs.electrum.org/en/latest/faq.html#what-is-the-seed
2. wallet file: http://docs.electrum.org/en/latest/faq.html#where-is-my-wallet-file-located

you can and should write down the seed on piece of paper.

Quote from: Eternu on July 09, 2017, 06:33:39 AM

I'm still on Electrum 1.6.1 should I update it to newer version or old one is good enough ?

Thank you very much for your help

wow, that is OLD Cheesy

be careful when upgrading. make sure to back up your wallet file and seed first and also read this link: http://docs.electrum.org/en/latest/faq.html#how-to-upgrade-electrum
then upgrade. the wallet has changed since version 1.x and you may encounter some troubles. so it is best to have these 2 backups just in case.

I bought BTC in 2013 and guy said to me to use Electrum to store them.
So I downloaded Electrum and didn't fidle with it since.

I'm mining ALT coins and all that stuff but I have stopped doing anything BTC related since Habannero boards stopped being profitable.

I have seed (random words) stored on USB drive.
I have Electrum.dat on the same USB drive.
Is this good enough backup before updating ?

What issues can I encounter ?

I'm going to read that article about upgrading.

I really appreciate your help

There is a new version of Electrum releasing this week. Maybe wait for that one?

I will do that then

Would you recommend any website for them paper wallets ?

https://www.bitaddress.org/

SVK

sr. member

Activity: 378

Merit: 250

Quote from: SVK on July 09, 2017, 05:35:46 AM

Hi all,

I have all my BTC on Electrum since 2013.
Now this hardfork is coming and I'm not sure what to do.

Please can you tell me if I should quickly download BTC core wallet and transfer all BTC there or should I just leave all BTC on Electrum ?

Thank you very much for help

Than you are in same dilemma like i am. I have some small part of my bitcoins on some other wallet. I was also thinking what is going to happen with my money on that other wallet, and therefor i have come to an conclusion that either i will transfer that money to blockchain, or i will take and change to fiat.

I have feck all coins in comparison to early adopters but would not like to lose that little I have Sad

SVK

sr. member

Activity: 378

Merit: 250

Quote from: Minecache on July 09, 2017, 06:32:59 AM

Quote from: BTCLovingDude on July 09, 2017, 06:20:45 AM

Electrum wallet - I just have icon on my desktop.
I have copied electrum.dat to USB but I'm not sure if that is what you mean.?

Offline ?

I don't want to be pain but sadly I'm a bit clueless Sad

offline aka cold storage: http://docs.electrum.org/en/latest/coldstorage.html

two things you need to back uo
1. seed: http://docs.electrum.org/en/latest/faq.html#what-is-the-seed
2. wallet file: http://docs.electrum.org/en/latest/faq.html#where-is-my-wallet-file-located

you can and should write down the seed on piece of paper.

Quote from: SVK on July 09, 2017, 05:35:46 AM

I'm still on Electrum 1.6.1 should I update it to newer version or old one is good enough ?

Thank you very much for your help

wow, that is OLD Cheesy

be careful when upgrading. make sure to back up your wallet file and seed first and also read this link: http://docs.electrum.org/en/latest/faq.html#how-to-upgrade-electrum
then upgrade. the wallet has changed since version 1.x and you may encounter some troubles. so it is best to have these 2 backups just in case.

I bought BTC in 2013 and guy said to me to use Electrum to store them.
So I downloaded Electrum and didn't fidle with it since.

I'm mining ALT coins and all that stuff but I have stopped doing anything BTC related since Habannero boards stopped being profitable.

I have seed (random words) stored on USB drive.
I have Electrum.dat on the same USB drive.
Is this good enough backup before updating ?

What issues can I encounter ?

I'm going to read that article about upgrading.

I really appreciate your help

There is a new version of Electrum releasing this week. Maybe wait for that one?

I will do that then

Would you recommend any website for them paper wallets ?

Eternu

sr. member

Activity: 560

Merit: 257

Hi all,

I have all my BTC on Electrum since 2013.
Now this hardfork is coming and I'm not sure what to do.

Please can you tell me if I should quickly download BTC core wallet and transfer all BTC there or should I just leave all BTC on Electrum ?

Thank you very much for help

Than you are in same dilemma like i am. I have some small part of my bitcoins on some other wallet. I was also thinking what is going to happen with my money on that other wallet, and therefor i have come to an conclusion that either i will transfer that money to blockchain, or i will take and change to fiat.

Minecache

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Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: BTCLovingDude on July 09, 2017, 06:20:45 AM

Electrum wallet - I just have icon on my desktop.
I have copied electrum.dat to USB but I'm not sure if that is what you mean.?

Offline ?

I don't want to be pain but sadly I'm a bit clueless Sad

offline aka cold storage: http://docs.electrum.org/en/latest/coldstorage.html

two things you need to back uo
1. seed: http://docs.electrum.org/en/latest/faq.html#what-is-the-seed
2. wallet file: http://docs.electrum.org/en/latest/faq.html#where-is-my-wallet-file-located

you can and should write down the seed on piece of paper.

Quote from: BTCLovingDude on July 09, 2017, 06:20:45 AM

I'm still on Electrum 1.6.1 should I update it to newer version or old one is good enough ?

Thank you very much for your help

wow, that is OLD Cheesy

be careful when upgrading. make sure to back up your wallet file and seed first and also read this link: http://docs.electrum.org/en/latest/faq.html#how-to-upgrade-electrum
then upgrade. the wallet has changed since version 1.x and you may encounter some troubles. so it is best to have these 2 backups just in case.

I bought BTC in 2013 and guy said to me to use Electrum to store them.
So I downloaded Electrum and didn't fidle with it since.

I'm mining ALT coins and all that stuff but I have stopped doing anything BTC related since Habannero boards stopped being profitable.

I have seed (random words) stored on USB drive.
I have Electrum.dat on the same USB drive.
Is this good enough backup before updating ?

What issues can I encounter ?

I'm going to read that article about upgrading.

I really appreciate your help

There is a new version of Electrum releasing this week.

https://twitter.com/electrumwallet?lang=en

Maybe wait for that one?

SVK

sr. member

Activity: 378

Merit: 250

Electrum wallet - I just have icon on my desktop.
I have copied electrum.dat to USB but I'm not sure if that is what you mean.?

Offline ?

I don't want to be pain but sadly I'm a bit clueless Sad

offline aka cold storage: http://docs.electrum.org/en/latest/coldstorage.html

two things you need to back uo
1. seed: http://docs.electrum.org/en/latest/faq.html#what-is-the-seed
2. wallet file: http://docs.electrum.org/en/latest/faq.html#where-is-my-wallet-file-located

you can and should write down the seed on piece of paper.