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Topic: Paper wallet information? (Read 683 times)

sr. member
Activity: 280
Merit: 250
Two heads are better than one.
November 01, 2015, 11:55:26 PM
#12
Id keep it as your bitcoin wallet, because he might be trying to make your whole wallet physical, so If he sends you BTC to your wallet, it will just bounce back to him.
member
Activity: 86
Merit: 10
Find the inner peace of your core
November 01, 2015, 08:41:42 PM
#11
I'm brokering for some locals. They said start small and do the best rate. I just started my first deal. Wiah me luck!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 01, 2015, 07:54:25 PM
#10
Why dick around with private sales of any type? If you're somewhere first world ish there should be no shortage of reputable operations where you can sell your coins without having to expose yourself to risk.
hero member
Activity: 868
Merit: 1000
November 01, 2015, 06:53:02 PM
#9
Something made me feel like I needed to get a better sense.
I'm just going to get a thread offering my coins. I want to start small and work myself up to doing bigger deals.

You can also Keep your coins and hope that the Price will go up...like an Investment.


I just wanted to cash out my coins for some cash to buy more coin.

Why do you want to cash out, when ure gonna buy more coins with the same Money?
member
Activity: 86
Merit: 10
Find the inner peace of your core
November 01, 2015, 06:49:54 PM
#8
Something made me feel like I needed to get a better sense.
I'm just going to get a thread offering my coins. I want to start small and work myself up to doing bigger deals.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 01, 2015, 04:24:22 PM
#7
I have an account with a wallet. However someone answered my post saying they will send first if I create a paper wallet. I wanted to cash out for western union.

Am I missing something here? Whatever happened to transferring from one wallet to another?

It seems like an odd request. You could send a paper wallet with an encrypted private key, and send the password once you have the cash.

Request is just a simple scam attempt like Shorena explained above. The OP can send like you have explained, with encrypted private key and he would be just fine, but the scammers have counted that he won't do it that way and that he will actually send them their private key in plain text. Scammers wanted to use OP's inexperience.

OP, it's great that you have checked here first and asked for an opinion. Just stay away!
legendary
Activity: 4466
Merit: 3391
November 01, 2015, 03:59:12 PM
#6
I have an account with a wallet. However someone answered my post saying they will send first if I create a paper wallet. I wanted to cash out for western union.

Am I missing something here? Whatever happened to transferring from one wallet to another?

It seems like an odd request. You could send a paper wallet with an encrypted private key, and send the password once you have the cash.
member
Activity: 86
Merit: 10
Find the inner peace of your core
November 01, 2015, 03:30:27 PM
#5
I thought so. I just wanted to cash out my coins for some cash to buy more coin.

They threw me off by offering to send first and then all of a sudden. They wanted escrow but wanted me to open up a blockchain account and the paper wallet.

I haven't done anything as of yet. I'll just sell 70 dollars of my coin until I can build a rapport around here.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
November 01, 2015, 03:00:10 PM
#4
They want ne to deposit my money in blockchain and then create a paper wallet then they'll send. I already have a wallet with bitgo

Dont do it. Its a common scam tactic. As a paper wallet often has not only the address but also the private key on it. This allows the other party to first send the coins to you, receive the payment (e.g. via WU) and afterwards spend your coins with the private key you leaked by mistake. I have never seen any legit trader requesting a paperwallet to send to. Which wallet you use is your business alone, it makes no difference for the sender, they just need the address and the address only.
member
Activity: 86
Merit: 10
Find the inner peace of your core
November 01, 2015, 02:53:36 PM
#3
They want ne to deposit my money in blockchain and then create a paper wallet then they'll send. I already have a wallet with bitgo
hero member
Activity: 868
Merit: 1000
November 01, 2015, 02:42:11 PM
#2
Wallet is a wallet. Usually the sender doesn't care what kind of wallet the receiver has.

You can give him your bitcoin address. He can't know if its a paper wallet or online...
member
Activity: 86
Merit: 10
Find the inner peace of your core
November 01, 2015, 02:40:03 PM
#1
I have an account with a wallet. However someone answered my post saying they will send first if I create a paper wallet. I wanted to cash out for western union.

Am I missing something here? Whatever happened to transferring from one wallet to another?
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