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Topic: MtGox adds redeemer for private keys including Casascius Physical Bitcoins - page 2. (Read 8560 times)

sr. member
Activity: 322
Merit: 251
Does it support sending back out via that private key? That would be awesome.
hero member
Activity: 726
Merit: 500
OK, so I tried entering the private address again and got a message:

Private address added to your virtual wallet with address 1xxxxx......

This has me a little confused.  I originally generated the keypair using bitaddress.org.  It provided me with both a Bitcoin address and a private key.  Mt Gox doesn't have the public key from this keypair, so they cannot generate a corresponding address.  The address they gave me is not the correct one for the original keypair, of course.  What does this new address do, specifically?  Why do I need another address if I still have the original?  Does Mt Gox now own my private key, and should I no longer use the associated address?  The balance from the imported key still hasn't shown up in my account.
vip
Activity: 447
Merit: 258
We have fixed the bug with the "sending code" message remaining.

It looks like a new bug has been introduced.  On the page for redeeming private keys, there are two options labeled "Standard private key". It looks like this:

vip
Activity: 608
Merit: 501
-
We have fixed the bug with the "sending code" message remaining.

Please also make sure you did not make any mistake when writing the private key (it'll show you any bitcoin that was swept).
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Hopefully the sweepprivkey proposal will become more of a reality than a proposal, and then every website that accepts Bitcoins can be easily made to also accept Bitcoin deposits directly.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
I use StrongCoin.com because all private key math is done on my computer in Javascript and not on the server.  The server only keeps encrypted versions of the private keys so the server (and server owner) does not have access to the Bitcoins.
hero member
Activity: 726
Merit: 500
8 confirmations and no joy.    Undecided


EDIT: So what's the easiest way to import a private key to gain control over my missing coins?
legendary
Activity: 2128
Merit: 1073
I did a quick test, tearing open one of my coins.
How much do you charge for a "circulated physical bitcoin"? I mean a complete used coin, that was loaded, tamper-evident seal torn off, bitcoin then spent. Something of numismatic quality "very fine grade circulated", I guess the seal will be evidently damaged, but still recognizable and 100% readable, maybe glued back to a piece of transparent plastic?

Terms: payment in USPS money order, shipment 1st class contiguous states.

Thanks.
hero member
Activity: 726
Merit: 500
I tried it too and still have the "Sending code..." message at the top of the screen.  I sent some coins to the address, so we'll see what happens.
sr. member
Activity: 259
Merit: 250
This is so awesome!! Glad you're doing strong work.
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
So am I right in thinking this allows using bitaddress.org to print a paper wallet.

Then do some transactions receiving BTC and then easily dump the balance into MtGox?

All without the vulnerability of wallet.dat being hacked or needing to use a client or download the block chain? This seems like a nice way for lightweight Bitcoin users to get going quickly.

YES.  In my ideal vision of Bitcoin, the average unbanked (and computer illiterate) Joe should be able to use bitcoins without needing to run software or download a block chain.  Joe should be able to think of paper wallets much the same as gift cards.
hero member
Activity: 784
Merit: 1009
firstbits:1MinerQ
So am I right in thinking this allows using bitaddress.org to print a paper wallet.

Then do some transactions receiving BTC and then easily dump the balance into MtGox?

All without the vulnerability of wallet.dat being hacked or needing to use a client or download the block chain? This seems like a nice way for lightweight Bitcoin users to get going quickly.

legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem

if i weren't having trouble getting money out of gox, i'd find this really handy.


We're working on that right now  Wink
Soon, we'll have instant withdrawals in addition to our current instant deposits. Supporting 5 bitcoin exchanges.
Will keep ya updated

BitInstant.com

hero member
Activity: 756
Merit: 500
This is great!  Another venue to get hold of these lovely coins!
hero member
Activity: 812
Merit: 1000
hmmm more ways to put money into gox.

if i weren't having trouble getting money out of gox, i'd find this really handy.

well, hopefully it sets the scene for more websites to do something similar.

good stuff.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
GREAT JOB!

Will add some nice liquidity + boost your sales

I'm thinking of buying a few of your Casascius Physical Bitcoins as gifts now. Maybe for the future you can add like a 'How to Redeem' for newbies instructions using MtGox.

Charlie
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
I'm pleased to be able to report that MagicalTux has just added the ability to redeem Bitcoin private keys on MtGox.

Simply go to the "Add Funds" screen.  There is a new choice: "Redeem Private Key".  There are sub-choices for full length private keys versus the ones used on Casascius coins.

When you enter a code, it is treated as a new deposit to your account (including you must wait for six confirmations).

MagicalTux says that when you redeem a code, MtGox keeps the private key and will auto-sweep any future funds sent to that key into your MtGox account.

I did a quick test, tearing open one of my coins.  For the time being, the only immediate response is "Sending code...", the balance of the coin is not shown on the screen, possibly until the six confirmations are received.  However I could see that the coin balance got swept by checking the unconfirmed transactions list at bitcoincharts.

Round of applause for MagicalTux for these and the other newly released features on MtGox.
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