Author

Topic: how to lock bitcoin? (Read 582 times)

legendary
Activity: 1106
Merit: 1000
November 05, 2015, 01:19:38 PM
#8
I am looking for a wallet, which can lock up my coin, and I picked it up 1 month

https://bitcoin.org/en/secure-your-wallet
use hardware wallet or paper wallet.
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
November 05, 2015, 01:14:07 PM
#7
legendary
Activity: 1512
Merit: 1011
November 05, 2015, 01:10:27 PM
#6
I am looking for a wallet, which can lock up my coin, and I picked it up 1 month

android bitcoin wallet do this.
PIN locked (NIP) and PASSWORD on backup file.

no problem to save BTC, store this ... and restore the file after a couple of months.
full member
Activity: 126
Merit: 100
November 05, 2015, 01:07:17 PM
#5
I am looking for a wallet, which can lock up my coin, and I picked it up 1 month
legendary
Activity: 2982
Merit: 4193
November 05, 2015, 11:49:23 AM
#4
It would require 2 of 2 multi sig key for full lock or 2 of 3 multi sig key in case you want to spend it suddenly without the limitation. Many services provide limits on spending over a period of time. Greenaddress.it has 2 of 2 multisig and they control one, you control one. Without their signature, you won't be able to spend it.
I think its better to learn to control yourself in order to save money rather than have some forced lock on your wallet. You may eventually be on a situation where you really need the money and you are stuck with a lock for X time. Bitcoin core can allow you to get your stuff encrypted so you need to put your pass everytime you want to spend, this helps.
Unless I understand it wrongly, OP is talking about setting a limit on the frequency of transactions.
where we can save bitcoin, and lock it,?
and is taken once a month

Anyway, if I were to need a spending limit, I would go for a service which has 2 of 3 multisig. That way, I have two key on my side and can withdraw funds without limitation. One of the keys can be placed away from the main key and used only in emergency.
hero member
Activity: 770
Merit: 509
November 05, 2015, 11:45:46 AM
#3
It would require 2 of 2 multi sig key for full lock or 2 of 3 multi sig key in case you want to spend it suddenly without the limitation. Many services provide limits on spending over a period of time. Greenaddress.it has 2 of 2 multisig and they control one, you control one. Without their signature, you won't be able to spend it.
I think its better to learn to control yourself in order to save money rather than have some forced lock on your wallet. You may eventually be on a situation where you really need the money and you are stuck with a lock for X time. Bitcoin core can allow you to get your stuff encrypted so you need to put your pass everytime you want to spend, this helps.
legendary
Activity: 2982
Merit: 4193
November 05, 2015, 11:37:18 AM
#2
It would require 2 of 2 multi sig key for full lock or 2 of 3 multi sig key in case you want to spend it suddenly without the limitation. Many services provide limits on spending over a period of time. Greenaddress.it has 2 of 2 multisig and they control one, you control one. Without their signature, you won't be able to spend it.
full member
Activity: 126
Merit: 100
November 05, 2015, 11:34:42 AM
#1
where we can save bitcoin, and lock it,?
and is taken once a month
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