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Topic: How Lock Bitcoins For a period of time " Deny self access " - page 2. (Read 1238 times)

hero member
Activity: 3010
Merit: 794
Theres none but you can use hardware or paperwallet and buried the privatekeys and never touch or dig it for a long period of time if not then ask you family members to make a password that you didnt know and then they store it on a place which you dont know too i think this is only the possible ways on what you are asking for.Theres no site or service do have those things that you said but there are lots of ways.
hero member
Activity: 994
Merit: 544
Hello everyone

This topic is quite funny.
I want to know is there any service or website that allow users to store bitcoin and the owner can't access the funds for the time he asked.

I know there are many people who will say send BTC to me I will store them for you  Grin but it's hard to trust them
It will be good for ppl who want to avoid gambling.


There are hyip investment that has that kind of program, it is compounding but you can set when you want to withdraw it. The problem is that hyip is very risky and on the long run your investment may be a goner. So the best way really is just to hold your bitcoin in your wallet and just discipline yourself not to open it until the scheduled date.
sr. member
Activity: 476
Merit: 254
Hello everyone

This topic is quite funny.
I want to know is there any service or website that allow users to store bitcoin and the owner can't access the funds for the time he asked.

I know there are many people who will say send BTC to me I will store them for you  Grin but it's hard to trust them
It will be good for ppl who want to avoid gambling.

Guy there is nobody to trust when it comes to keeping of bitcoin and the reason is because the so reputable platform today can turn out to be scam tomorrow and in addition to that, I believe one of the reasons for the creation of bitcoin is the failure of banks in which so much trust have been put to keep our resources safe to do it properly which led to the recession in the past. Which means keeping bitcoin somewhere negates the founding principle of the freedom that bitcoin relies upon.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
I should have explained it a bit more.
But true I mean locking the funds away for a period of time and can't be accessed by the owner.

Never used paper wallet so have no idea about it.


yup. TimeLock transaction that I explained above is what you want and should search for. reading more about these things I believe they are fundamentals requirements for smart contracts on bitcoin.
sorry I can not explain it better, I myself am not 100% sure about the details, so maybe you should change the title and OP to reflect your real question.
hero member
Activity: 3150
Merit: 937
Hello everyone

This topic is quite funny.
I want to know is there any service or website that allow users to store bitcoin and the owner can't access the funds for the time he asked.

I know there are many people who will say send BTC to me I will store them for you  Grin but it's hard to trust them
It will be good for ppl who want to avoid gambling.


I think that any trusted escrow on this forum can do such a service for a 1% fee or for free.
If there was such a website nobody would would trust it enough to leave his bitcoins there.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Just store your private keys somewhere safe & keep strong hands. I don't like the idea of trusting a potentially shady business to discover in 10 years all my coins are gone.

Keep a number of coins that you're comfortable holding & don't spend them.

If you're not the sole owner of your private keys they are not your bitcoin's.
hero member
Activity: 882
Merit: 528
I should have explained it a bit more.
But true I mean locking the funds away for a period of time and can't be accessed by the owner.

Never used paper wallet so have no idea about it.
hero member
Activity: 1190
Merit: 534
Yes, it's relly weird question but I think if there is any such service then it will fetch good response and there are many folks who can't keep control on themselves (I am one of them but part timer).

I use paper wallets to store funds and the process of importing is quite time-consuming as compared to that of others so 80% of the time I cancel the thought of recovering funds from the paper wallet to get some cash. However, I would give a try if there is any such service.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
this is such a weird question and also hard to understand what you really are trying to do!
but I think what you have in mind is a way to "lock the funds so they can not be spent" if so, I doubt that there are any services for that and even if there were any, they wouldn't be trusted.

however I believe there is a new feature in bitcoin where you can add some kind of "lockTime" to your transactions. meaning you just send your funds to a new address and include this "lockTime" in it, that way the new transaction output can not be spent unless the time is reached.
imagine the same lockTime that currently exists which means the transaction can not be include in a block until we are over that time, but instead you can't spend it.

but I am not sure if that was a new feature that was implemented or was just a BIP that I read! maybe someone else can confirm this.

EDIT: https://en.bitcoin.it/wiki/Timelock
hero member
Activity: 882
Merit: 528
Hello everyone

This topic is quite funny.
I want to know is there any service or website that allow users to store bitcoin and the owner can't access the funds for the time he asked.

I know there are many people who will say send BTC to me I will store them for you  Grin but it's hard to trust them
It will be good for ppl who want to avoid gambling.
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