Moving Coins. | Bitcointalksearch.org

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: justmyname on November 02, 2013, 07:36:50 PM

It looks like I have it almost all figured out, and I'm teaching you. The primary wallet is the hot wallet you can easily spend bit coins out of. The watch only wallet is the same wallet as the offline storage wallet except it can't spend any coins without consent from the cold storage wallet on the offline computer.

I'm just wondering if you can move the coins over to the cold storage wallet. But I bet it doesn't matter because all the keys have already been made and both wallets have them.

That's what i was saying

You talk funny.

justmyname

sr. member

Activity: 389

Merit: 250

It looks like I have it almost all figured out, and I'm teaching you. The primary wallet is the hot wallet you can easily spend bit coins out of. The watch only wallet is the same wallet as the offline storage wallet except it can't spend any coins without consent from the cold storage wallet on the offline computer.

I'm just wondering if you can move the coins over to the cold storage wallet. But I bet it doesn't matter because all the keys have already been made and both wallets have them.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: justmyname on November 02, 2013, 03:15:44 PM

Quote from: RoadStress on November 02, 2013, 10:20:50 AM

Quote from: justmyname on October 29, 2013, 07:08:52 PM

Nobody knows for sure how to use the GD Armory wallet? Cheesy

As a newly Armory user i would like to help you, but i really can't understand you. Are you asking questions? Are you making statements?

Moving on: what are you actually trying? Moving bitcoins outside the bitcoin-qt client to an Armory wallet?

So far I have all my wallets set up. I have moved coins from Coinbase and my Bitcoin-qt client to my online "watch only" wallet.

The way I see it.

1. My online "primary wallet" is like a normal Bitcoin-qt wallet that you can spend coins out of. Any time with only the encryption pass phrase.

2. My online "watch only wallet" on the other hand. All transactions have to be signed by the offline Armory "Cold Storage wallet" computer. Which is the same wallet as the online "watch only" wallet.

Should I. Or is their a way to send the coins to the offline computer for more security?

You are sending money from your bitcoin-qt addresses to your Armory addresses, not to wallets. I think you should just send money to your primary wallet. The way i know is that your watch only wallet should have the same addresses like your primary wallet, but it doesn't have the ability to send money. Don't move any money yet and please wait for another confirmation because i may be wrong.

justmyname

sr. member

Activity: 389

Merit: 250

Quote from: RoadStress on November 02, 2013, 10:20:50 AM

Quote from: justmyname on October 29, 2013, 07:08:52 PM

Nobody knows for sure how to use the GD Armory wallet? Cheesy

As a newly Armory user i would like to help you, but i really can't understand you. Are you asking questions? Are you making statements?

Moving on: what are you actually trying? Moving bitcoins outside the bitcoin-qt client to an Armory wallet?

So far I have all my wallets set up. I have moved coins from Coinbase and my Bitcoin-qt client to my online "watch only" wallet.

The way I see it.

1. My online "primary wallet" is like a normal Bitcoin-qt wallet that you can spend coins out of. Any time with only the encryption pass phrase.

2. My online "watch only wallet" on the other hand. All transactions have to be signed by the offline Armory "Cold Storage wallet" computer. Which is the same wallet as the online "watch only" wallet.

Should I. Or is their a way to send the coins to the offline computer for more security?

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: justmyname on October 29, 2013, 07:08:52 PM

Nobody knows for sure how to use the GD Armory wallet? Cheesy

As a newly Armory user i would like to help you, but i really can't understand you. Are you asking questions? Are you making statements?

Moving on: what are you actually trying? Moving bitcoins outside the bitcoin-qt client to an Armory wallet?

justmyname

sr. member

Activity: 389

Merit: 250

I sent a fraction of a Bitcoin from my standard Bitcoin wallet up to coinbase. Then sent it to my watch only wallet. I guess I don't have to actually send the coins (keys) to my offline computer? I just have to use the offline computer to sign a transaction for the coins (keys) to be broadcasted?

justmyname

sr. member

Activity: 389

Merit: 250

Nobody knows for sure how to use the GD Armory wallet? Cheesy

justmyname

sr. member

Activity: 389

Merit: 250

Tried to receive some coins on my primary Armory wallet. Generated an address and saved it to clipboard. The coins will be sent from my BT-Qt wallet. So I have to shut down Armory. When I did it erased the clipboard. Tongue

I guess I have to save the address to note pad etc before closing Armory?

And can I send the coins to my watch only wallet instead?

justmyname

sr. member

Activity: 389

Merit: 250

Moving coins. This will help newbies.

1. I already had Bitcoin-Qt on my computer with some coins. I notice you can't run that program and Armory at the same time. If I open up Bitcoin-Qt and send a coin to an Armory address. It will show up on Armory eventually without a hitch, right?

2. Where should I send the Bitcoins and why should I care? My Online Hot wallet or my Online Watch only Wallet? Then should I send it to my Offline Wallet for cold storage? Or keep it on my watch only wallet on the online computer? Thoughts?

3. Is it just as safe to store your coins on your Watch Only Wallet, as you have to have the Offline Wallet sign it anyway before the coins can be moved?

Topic: Moving Coins. (Read 1004 times)