Topic: MultiBit (Read 336103 times)
Thank you, HCP! This morning, the transactions were finally confirmed.
I'm now thinking of sending the remaining coins over to my new wallet address via normal blockchain transaction, then using the keys in Electroncash to recover the BCH.
Alternatively, I could indeed import the keys into Electrum and avoid the blockchain transaction but then I'd have to run both Electrum and Electrum Cash and from what I read, they don't seem to like each other.
I'm now thinking of sending the remaining coins over to my new wallet address via normal blockchain transaction, then using the keys in Electroncash to recover the BCH.
Alternatively, I could indeed import the keys into Electrum and avoid the blockchain transaction but then I'd have to run both Electrum and Electrum Cash and from what I read, they don't seem to like each other.
1) Is it a good idea to import the keys into another wallet and spend the bitcoins from there? (Knowing that there's still some unconfirmed transactions out there.)
Yes - to importing the keys elsewhere... Maybe - to spending the coins... it may not be possible if the existing transactions are still in the mempool.
I'm following this.
I have similar question about 5.19 version. Is it even still working? Is it mandatory to update to newer version?
Technically, the app still "works"... however a lot of users have had issues with backups being corrupted (the encryption process seems broken)... and also, the fee system is VERY outdated... the MAX fee you can pay is nowhere close to current recommended fees.I have similar question about 5.19 version. Is it even still working? Is it mandatory to update to newer version?
There is no "newer" version... The entire MultiBit Classic and the more modern MultiBit HD have been dropped by the developer. There will be no more updates. www.multibit.org
My advice:
Export your private keys from MultiBit and sweep (or import) them into Electrum (https://electrum.org/#download). It is probably the the closest wallet in terms of functionality and operation to MultiBit.
Could I get some advice from you experts, please?
I have multibit 5.19 with still some Bitcoins on it. I used Multibit to send a part of that to an online service (in 2 transactions). Both transactions are stuck on "unconfirmed", have been for over 3 days now.
2 questions:
1) Is it a good idea to import the keys into another wallet and spend the bitcoins from there? (Knowing that there's still some unconfirmed transactions out there.)
2) Can I cancel the unconfirmed transactions? With a lot of Googling, I could not come up with a trustworthy way of doing that.
Thank you for the help!
Wim from Leuven, Belgium
I have multibit 5.19 with still some Bitcoins on it. I used Multibit to send a part of that to an online service (in 2 transactions). Both transactions are stuck on "unconfirmed", have been for over 3 days now.
2 questions:
1) Is it a good idea to import the keys into another wallet and spend the bitcoins from there? (Knowing that there's still some unconfirmed transactions out there.)
2) Can I cancel the unconfirmed transactions? With a lot of Googling, I could not come up with a trustworthy way of doing that.
Thank you for the help!
Wim from Leuven, Belgium
I'm following this.
I have similar question about 5.19 version. Is it even still working? Is it mandatory to update to newer version?
Could I get some advice from you experts, please?
I have multibit 5.19 with still some Bitcoins on it. I used Multibit to send a part of that to an online service (in 2 transactions). Both transactions are stuck on "unconfirmed", have been for over 3 days now.
2 questions:
1) Is it a good idea to import the keys into another wallet and spend the bitcoins from there? (Knowing that there's still some unconfirmed transactions out there.)
2) Can I cancel the unconfirmed transactions? With a lot of Googling, I could not come up with a trustworthy way of doing that.
Thank you for the help!
Wim from Leuven, Belgium
I have multibit 5.19 with still some Bitcoins on it. I used Multibit to send a part of that to an online service (in 2 transactions). Both transactions are stuck on "unconfirmed", have been for over 3 days now.
2 questions:
1) Is it a good idea to import the keys into another wallet and spend the bitcoins from there? (Knowing that there's still some unconfirmed transactions out there.)
2) Can I cancel the unconfirmed transactions? With a lot of Googling, I could not come up with a trustworthy way of doing that.
Thank you for the help!
Wim from Leuven, Belgium
In a word, NO!
MultiBit is a very old, out dated and unsupported wallet... It also has/had no "buy/sell for fiat" capability...
You cannot deposit Canadian dollars into MultiBit.
MultiBit is a very old, out dated and unsupported wallet... It also has/had no "buy/sell for fiat" capability...
You cannot deposit Canadian dollars into MultiBit.
I can fill my account in dollars canadien and so would it be possibleand multibit will translate it to the corresponding amount in bitcoins?
ok thanks 
I want to know who's getting the money. Cuz I've been misleaded by mutlibit support. They sent me a video on how to retrieve my funds on Electrum...
Then who's taking the free money?
Then who's taking the free money?
I believe they gave you a video to restore your Multibit HD in Electrum because they are no longer developing the wallet. I guess you can follow the same steps using ElectronCash so you recover the BitcoinCash instead of bitcoin: https://bitcoin.stackexchange.com/questions/57482/bitcoin-cash-multibit-hd-electrum
I want to know who's getting the money. Cuz I've been misleaded by mutlibit support. They sent me a video on how to retrieve my funds on Electrum...
Then who's taking the free money?
Then who's taking the free money?
Waiting for the next scam fork in November.
Who's gunna spend my free money hehe
Reply too late I gave away. What a SCAM BCH...
Only if you import your private keys from MultiBit into a BCH wallet... have a look on bitcoincash.org for a compatible wallet.
Can we get BCH?
The reason I export my keys is because of this August 1st thing.
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
This is correct. MBC (MultiBit Classic) is not likely to receive any updates. It is effectively "end of life" and no longer maintained at all.What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
Quote
So I need the private keys to be readable from another wallet in case a hard fork occurs.
That's fine, but MBC isn't going to magically stop running and/or not allow you to export your keys if there is a fork. You will still be able to open up MBC and export your private keys in the event of a fork. It will just not be able to deal with both chains.Quote
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
The encrypted keys are not importable into any other wallets that I am aware of. None of the wallets really support importing encrypted stuff. This is mostly due to there being no real standard for exporting of encrypted keys. Wallets that do this are free to encrypt in any way they like, so it is somewhat unreasonable to expect any wallet to be able to read encrypted files generated by some other app.If you feel you "must" export your keys now, I would highly recommend that you do so using encryption. It will make it less likely that your keys get compromised should you happen to have any unknown malware on your PC. Also, as already noted, there are tools and methods available to allow you to decrypt the file should you need to access them in the event of a fork.
The reason I export my keys is because of this August 1st thing.
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
So I need the private keys to be readable from another wallet in case a hard fork occurs.
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
So I need the private keys to be readable from another wallet in case a hard fork occurs.
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
I don't think there will be a fork, but if there is one wait until after it, then decrypt your private keys and import them into another wallet.
However, multibit classic isn't being developed anymore, so it's advisable to switch to a different wallet even if there isn't a fork.
The reason I export my keys is because of this August 1st thing.
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
So I need the private keys to be readable from another wallet in case a hard fork occurs.
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
What will happen to multibit classic if bitcoin hard forks? My understanding is that (because multibit does not get updated) only one of the 2 chains will show on multibit.
So I need the private keys to be readable from another wallet in case a hard fork occurs.
Yes I know having plain text private keys is risky, but are the multibit-encrypted private keys importable to another wallet? Or should I decrypt them first according to the above instructions posted?
Does it matter if I exported my private keys encrypted? Or should I keep them in plain text?
That really depends on what you want to do with the exported keys... if you're just wanting to back them up... then encrypted would definitely be the best option. If you're wanting to import them elsewhere, then having them encrypted will be problematic, as most other wallets will be unable to import the encrypted file. In fact, a lot of wallets will probably fail to import the unencrypted file as well as it isn't really in a "standard" format... as there aren't any standards! 
But at least you're be able to open the file in a text editor and copy/paste the keys as required to importSome useful reading:
https://multibit.org/help/v0.5/help_exportingPrivateKeys.html
https://github.com/keepkey/multibit/wiki/Export%20and%20limited%20import%20of%20private%20keys
pay close attention to the Development Notes which explains how to decrypt the encrypted file!
Does it matter if I exported my private keys encrypted? Or should I keep them in plain text?
Encrypted with a password that you know? It's better to export them encrypted in that case because on plain text, anyone can open the file and take your bitcoins. It's worth mentioning that Its better to move to another wallet like Electrum (If you are using Multibit Classic because Its no longer being supported by the team or getting updates)
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