Pages:
Author

Topic: sending BTC to my paper wallet - page 2. (Read 1372 times)

full member
Activity: 210
Merit: 100
March 24, 2014, 11:51:34 AM
#11
No if u send a small amount, the rest of your balance goes to the change address so u have to worry about it. Some wallets send your change to the same address u sent from. Some allow u choose a change addy, bitcoinqt will create a new change addy and sometimes hide it if u dont set it yourself.
I dont use multibit,  possibly it will send change to sendfrom address.
full member
Activity: 196
Merit: 100
March 24, 2014, 11:39:15 AM
#10
I'm sending them from my Multibit wallet. If there's 2BTC in one address, can i send a small portion of this to my paper wallet to check that it's working OK & the remainder will stay there, it won't go to a change address? Am I right in thinking that change addresses are only something I will encounter when bringing the BTC out of cold storage, not when I'm putting them in?
legendary
Activity: 1960
Merit: 1062
One coin to rule them all
March 24, 2014, 11:26:32 AM
#9
Really Hope ur not sending btc to a brainwallet.
Better to send small amount first, and try accessing those bitcoin.

Agreed - First time using paper-wallets, make some test with small amounts to find good method for redeeming the funds.
I think I made at least 4 different paper wallets (with 1 mBTC each) and tried redeeming the funds with different methods -  before I felt comfortable enough making "my real paper wallet" and loading it will higher amount of funds.
full member
Activity: 210
Merit: 100
March 24, 2014, 11:18:51 AM
#8
Really Hope ur not sending btc to a brainwallet.
Better to send small amount first, and try accessing those bitcoin.
member
Activity: 75
Merit: 10
March 24, 2014, 11:15:36 AM
#7
Yes, how are you sending them ?
full member
Activity: 210
Merit: 100
March 24, 2014, 11:15:16 AM
#6
Can anyone answer my question about the change addresses?
which wallet are u using to send
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
March 24, 2014, 11:10:40 AM
#5
Can anyone answer my question about the change addresses?

You need to tell us how you're sending the coins first.
hero member
Activity: 728
Merit: 500
March 24, 2014, 11:08:09 AM
#4
Can anyone answer my question about the change addresses?

A wallet is a collection of addresses and their associated private keys. If you send coins, your wallet-software will use a new address in the wallet as change-address. This change-address is typically hidden from from the user, but the wallet-software keeps track of it. As long as you use regular wallet software to send transactions, you don't need to worry about how change works. The only thing to take into account is when you import the private key of your paper wallet at some point and spend part of the coins associated with it. The remainder of those coins do not go back to the paper wallet, but instead to a new change-address.

If you craft your transactions manually (which a typical user never has to do), you need to be more careful of course.
full member
Activity: 196
Merit: 100
March 24, 2014, 11:01:36 AM
#3
Can anyone answer my question about the change addresses?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
March 24, 2014, 10:44:30 AM
#2
Finally, got the paper wallets made & now am ready to send BTC to them. Just wanted to ask how long does it usually take before the transactions to them are confirmed?

Secondly, I have 2 BTC in one wallet but want to send each BTC to a separate paper wallet. If I send one, will the other one automatically go to a change address? I'm not that certain about how change addresses work.

Thanks again.
I assume you that before you created your paper wallet you created some receiving addresses. In that case just send BTC to the receiving address and you should have your first confirmation within 10 mins. You can check to see if the coins have transacted by searching at one of these sites:
https://blockexplorer.com/
http://blockchain.info/
If you see your transaction there, you have completed your transaction and sent BTC to your cold wallet. 
full member
Activity: 196
Merit: 100
March 24, 2014, 10:37:56 AM
#1
Finally, got the paper wallets made & now am ready to send BTC to them. Just wanted to ask how long does it usually take before the transactions to them are confirmed?

Secondly, I have 2 BTC in one wallet but want to send each BTC to a separate paper wallet. If I send one, will the other one automatically go to a change address? I'm not that certain about how change addresses work.

Thanks again.
Pages:
Jump to: