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let me first open the Bitcoin core wad
let's hide this I don't care about that
I want a private key
I want a receiving address this is my
receiving address so give me a private
copy window console this is new help
don't leave the key okay so we're gonna
work with this I'm not talking to nobody
let's create a new wallet and then
import this private key and see if we
will get our address back okay is that a
good idea
yes today I don't hi everybody and
welcome back to the Bitcoin date trader
channel and today I'm going to teach you
how to import a private key into your
Bitcoin core wallet it sounds a little
bit scary at first but it is a very easy
tutorial and you'll probably do it first
time first try very easy so first you
have to download the Bitcoin core mode
go to blab the black dots bit current
blue they're to blame after you've
downloaded let's open it up together
start a new wallet and I have a private
key up here and I already have the
address there's nothing in this address
it's an empty address but it's just to
show you the technique how to do this so
whenever you have this wallet open you
can go upstairs here to window and you
can find console here if you have an
older version of Bitcoin you will
probably have help debug window and they
changed it now it's window and then
press console you will see this console
and this is the debug window so it's the
same as before but I just made it easier
there's a quick access so this is the
console window this console window is
the way you can communicate with your
Bitcoin or wallet and it's always smart
to start by typing health always start
with health what does help give us help
gives us the entire list of arguments
that you can give this console so for
instance you can find here blockchain
information you can find here
information of a specific block a
specific transaction you can find your
private keys here and you can of course
import a private key so let's go to
import the private I have many questions
many time email got from you private key
yet you want very good English I know
okay so what do we want we want to
import a private key so it's very easy
just type import it is even helping as I
import pretty damn press space and then
we have to put the private key copy the
private key press based not space but
first paste your private key press enter
and if it is a correct private key it
will give you a no back see let's show
you what happens if you do it wrong
input breath key press space then copy
it M let's make an error somewhere let's
just change something into a q and just
press enter and we get an invalid
private key you see how quickly you can
destroy the private key just changing
one of the letters so if you see it is
no that means it is correct it is been
imported how are we sure that it is
important because that's important for
us well you can see this for sure if
your wallet has been synchronized with
the entire blockchain then you will see
it here if there is money in that
private key or on the address that the
private key is referring to we can
reverse the process we know that we have
this address let's say we want the
private key back from that address and
we already know that this is the address
so we say dump / F key space and then
say the address that you want the
private key from and now we got a
private key back you see this is a way
how we know it for sure
it can only give us the private key of
the address and that address has been
generated from the private key so we are
100% sure now that the address and the
private key have been imported ok very
cool right so not a very hard tutorial
to do that's all that you guys need to
know today scroll through this list it's
not that hard it's intimidating might be
scary at first but it's not that hard
these arguments also work in a Bitcoin
client while using for instance the
command window so would that be fun to
redo this but was the command window
just for fun just getting this private
keeping are we gonna do this
yeah let's do this let's go a little bit
more intimidating a little bit more
advance just doing exactly the same
thing but it's just fun so let's use
command first so go to start press CMD
using command prompt window just run as
administrator then we have to go to the
Bitcoin core folder and the Bitcoin core
folder is usually installed in a program
file directories let's go to CD for
change directory c double dot slash type
PR and tap then it will change the
program file / and bitcoin so type b i
and tab and you will see bitcoin here
let's list the directory and we can see
that there are demons inside so let's go
see the demon and we want to run a
bitcoin demon so let's see this list
there is the Bitcoin client and a
Bitcoin D inside and we want to start a
bit pending so let's run a bit coin D
exp let's say print to console so we
know what's going on in the background
let's do this it's fine
so now we're running the Bitcoin D the
demon in the background and we see the
lot so allowing the excess and what it's
doing right now is downloading the
blockchain so this is what downloading
the blockchain looks like from a
back-end very intimidating red and very
boring it's a lot of waiting but why did
I do this because I want to show you
that we can do the same thing with
importing the private key in addresses
with a Bitcoin client so we need a new
comment window because we can't work in
this one anymore it's occupied so let's
open a new command window I I think we I
mean straight a command window because
we started it in an administrator as
well so don't forget to right click run
as administrator and then we need to go
back to that same directory which was CD
C double dot slash Program Files slash
Bitcoin slash demon enter directory is
it correct yes and here we have the
Bitcoin client stuff exe so it
accidentally got to plan because it was
the first choice if I would test app
again it would choose different choices
you see okay so we want to start the
Bitcoin client and we want the help menu
did I do it right or did I do it wrong
so it gave us the Bitcoin client option
command option help list options what do
I want I want to use the brief key
command again if I would change this
word help here into the three key drift
key of this abbis and now I will see so
as you can see we communicate with the
Bitcoin client that is running on the
background a Bitcoin deep and the same
principle would apply to import the
address not dump briefcase but import
drifty and now it is importing the proof
key so you can communicate with your
wallet the same way here with that same
list that we just saw in the Bitcoin
core box I'm going to shut down because
this was all that we needed very cool
right you did it it wasn't that hard we
got it here we know for sure that we
imported our private key we know it and
we know it how to do it in a nerd way I
made this especially for one of the
viewers if you did like this video let
me know it by giving it a thumbs up and
well you know you know it hope you did
enjoy it see you guys next time
wow yeah I have a special offer for you
guys today it's sale you can subscribe
to my channel for free so why not do it
right now did you hear my voice
Sam I'm such a
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