Author

Topic: Savings Wallet - Explain it like I'm 5! (Read 853 times)

full member
Activity: 122
Merit: 100
June 13, 2014, 05:09:47 PM
#10

This tutorial will definetly help you out. +1 to this.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
June 13, 2014, 12:30:48 AM
#9
Electrum.  Find an permanently offline computer, install with USB. You'll get your addresses.
Save the seed somewhere safe. 

Send funds to your one of your addresses.  You can either create watch only install or simply view balance on blockchwwin.info.

sr. member
Activity: 434
Merit: 263
June 12, 2014, 07:38:26 PM
#8
Thank you, I didn't know if you could top up a cold storage wallet or not.

If it's simple cold storage I need then I can do that

Thanks

Rgds

Ratters
sr. member
Activity: 467
Merit: 250
full member
Activity: 168
Merit: 100
June 12, 2014, 12:17:51 PM
#6
There are plenty of tutorials on the internet: just throw a search on youtube: "how to store bitcoin in cold storage".
Well people gave you plenty of options, find one yourself Smiley
legendary
Activity: 1400
Merit: 1013
June 12, 2014, 11:50:12 AM
#5
What in your experience would be the easiest method of achieving this?
Just use Armory.
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
sr. member
Activity: 434
Merit: 263
June 12, 2014, 11:03:50 AM
#3
Helpfull, Thanks Wink

Think what my savings will be worth when i'm 10!

No, seriously these wallets will be for my kids when they are old enough.
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
June 12, 2014, 10:59:52 AM
#2
You're 5, I can change your diaper but I doubt you have much use for a bitcoin wallet.
sr. member
Activity: 434
Merit: 263
June 12, 2014, 10:57:27 AM
#1
Hi all,

I know this has been covered before but now I’m info-blind!!

Please could you explain it like I’m 5!

I use multibit on Win 7.

I would like to create a cold storage address to withdraw my daily trading profits.

This wallet needs to be offline and I need to regularly send BTC to it.

One day I would obviously like to be able to access the BTC.

I know its simple stuff but I've been blinded by Cold Storage, Paper Wallet & Private key.

What in your experience would be the easiest method of achieving this?

Thanks in advance.

Rgds

Ratters
Jump to: