Moving Bitcoin with private keys to avoid fees?

Scorpion Ghost said:

Okay what you're saying is, like if someone knows I drive a BMW, they could contact me like "Hey, look at these BMW rims for a great price." So then I'd be more likely to take a look and take that first step towards eventually buying... or in this case losing my cryptos.

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Exactly this. Common practice targeting. For this reason, if you go on reddit & mention any details about your crypto holdings, you will almost likely receive responses saying you shouldn't ever mention what or how much you have. They know its not smart to do so, as this will put you on someone's radar.

Scorpion Ghost said:

But what does it matter if they know my wallet is associated with Bitpay? I mean, isn't it enough for them to know I have some cryptos?

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Answered in reverse so you could follow easily. It's enough for them to know that to target (like the above) the person mentioning they hold crypto, but likely not enough for them to actually follow through. However, if you say you own a particular amount, or say where the funds are located, or say how much is in them, that will be enough for them to then follow through on a scheme to steal your funds.

The more precise the target the better.

But even all of that is relatively irrelevant if they don't know the Private Key. Only the controller of the Private Key can do anything with the funds.

At best, they profile you as the owner of the wallet associated with the public (facing) key & funds associated with that key & follow your activity however they can to find a weakness in your security. And in the best case, they never find it.

At worst, they do the above, find your opsec (operational security) weakness, exploit it & hold your compromised system at ransom until you give them your private key. That is only describing the digital form. They could find you IRL & do the same.

But if you never give them your private key, they never gain access to your private key, so they never gain access to your crypto.

Scorpion Ghost said:

And if they can get their hands on my private key, the wallet is irrelevant, isn't it?

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So this is correct.

Glad to help!

bmanfacts said:

Exactly this. Common practice targeting. For this reason, if you go on reddit & mention any details about your crypto holdings, you will almost likely receive responses saying you shouldn't ever mention what or how much you have. They know its not smart to do so, as this will put you on someone's radar.



Answered in reverse so you could follow easily. It's enough for them to know that to target (like the above) the person mentioning they hold crypto, but likely not enough for them to actually follow through. However, if you say you own a particular amount, or say where the funds are located, or say how much is in them, that will be enough for them to then follow through on a scheme to steal your funds.

The more precise the target the better.

But even all of that is relatively irrelevant if they don't know the Private Key. Only the controller of the Private Key can do anything with the funds.

At best, they profile you as the owner of the wallet associated with the public (facing) key & funds associated with that key & follow your activity however they can to find a weakness in your security. And in the best case, they never find it.

At worst, they do the above, find your opsec (operational security) weakness, exploit it & hold your compromised system at ransom until you give them your private key. That is only describing the digital form. They could find you IRL & do the same.

But if you never give them your private key, they never gain access to your private key, so they never gain access to your crypto.



So this is correct.

Glad to help!

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Yeah, hard for anyone to trick me, because I'm a paranoid prick

You cant Import the Other wallet keys into different wallet !

You have to Have same Wallet from U Import the Keys

for Example If you Export keys from Bitpay and importing into Blockchain thats wont work You have to have Bitpay to Import those keys

thank you