so my multibit wallet is outdated. i just set up a new one with electrum and entered my seed phrases. i see i have some coins, but i have no clue about their value. can anyone help?
when i click on the coins section, it shows output point, addresses, and an amount saying 6.35, plus parents listing a number 3. i’m not sure if that’s my current balance and what it’s worth, or if it’s coins i’ve spent before. seriously lost here, any advice would be great.
do i have $$40 or $40k?
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stack_2017Senior Member
Posts: 201 · Reputation: 1389
#2Sep 15, 2019, 12:00 AM
Look at the bottom of the wallet, that's where you can see your overall balance. Pay close attention to the unit though. is it mBTC, BTC, etc.? Or you could just go to the preferences and change them so you can see everything in fiat as well.
ahhhh ok say 6.49 mbtc
so whats that worth. $40?
i think its 90p! oh dear.
well i have also found 6 mnemonic words.
if anyone can help me in telling me how i use them to access the wallet or coins maybe my other coins are in that one
or if someone could help me analyse my transfers from my wallets i might be able to find these missing coins.
i had someone help me back in 2020/2021 and advised i had around £300 worth of coins so im sure i have some somewhere
stack_2017Senior Member
Posts: 201 · Reputation: 1389
#5Sep 15, 2019, 05:50 PM
If you have 6.49 mBTC then that should be around ~600$ with the current rates. That's probably the 300GBP you had stored.
The 6 words you have are not going to be of any help on their own, unless you used them as an extension to your original seedphrase then in that case, maybe. Although I don't believe Multibit HD had that feature?
ive found a sent transaction for 31mbtc and i think its gone to a wallet i own. how do i find out if the wallet receiving the 31mbtc is mine?
humbleledgerLegendary
Posts: 1027 · Reputation: 6554
#7Sep 16, 2019, 09:12 PM
The only way to know for sure you own that address, is by finding the wallet it belongs to.
I understand that but how do I go about doing that. I've no idea what I'm doing at all thanks
humbleledgerLegendary
Posts: 1027 · Reputation: 6554
#9Sep 18, 2019, 04:41 PM
This is like asking me where you put your keychain last night.... You'll have to retrace your own steps.
stack_2017Senior Member
Posts: 201 · Reputation: 1389
#10Sep 18, 2019, 06:41 PM
Although I did use Multibit HD in the past, I can barely remember how the user experience was....so correct me if I'm wrong here.
Multibit HD used to give users the ability to create different wallets/accounts (not to be confused by addresses). Right?
If so, then it's quite possible (a big maybe) that the funds are in one of those wallets
You can try to restore the wallet the same way you did, but instead of leaving the default derivation path (as shown here in step number 2.b[1]), try to change the last number in it to 1, 2, 3 etc. and see if you manage to find your funds.
[1] https://bitcoinelectrum.com/restoring-your-multibithd-wallet-in-electrum/
gr3g.0rbitHero Member
Posts: 1025 · Reputation: 2646
#11Sep 18, 2019, 11:49 PM
Try to restore again but this time, use "Detect Existing Accounts" when prompted for the script (address) type.
Given that you're connected to a server, Electrum will show you different derivations paths that has existing transactions,
It'll automatically iterate the account_index of common and non-standard derivation path if the previous one has at least one transaction. (ref: /electrum/bip39_wallet_formats.json)
If there's more than one, repeat the restore process with each.
As for the fiat value, just enable the correct 'Fiat Currency' in "Tools->Preferences->Fiat" and select a reliable price 'Source' API below it.
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