How automatically to forward bitcoins from one address to another?

I have a bitcoin wallet address (the private key is known by other people). I periodically receive payment on this address (and cannot change it/receive to other address).

I need:
When I receive a payment on it, automatically and immediately (at 0 confirmations, like in BlockChain.info wallet) send/forward them to my new wallet address (the private key is known only by me).

Is this possible and how?

Velen Bogdanov

Posted 2013-07-21T01:52:17.607

Reputation: 156

possible duplicate of Is there a way to automatically send bitcoins from one wallet to another?

– Jamie Bull – 2013-07-21T16:59:07.470

This is what I wanted. Using one address to receive payments and another one to spend. And a way to link these two addresses.. – vi.su. – 2013-07-22T03:18:58.947

1May be confusing, but this will be useful many cases. I don't have change my address for every tx, and I don't have to worry about loss of control of this account. – vi.su. – 2013-07-22T03:20:55.690

@JamieBull, does not seem to be duplicate. The OP here explicitly says that the receiving addresses' private is shared with other people, while the linked question does not have such a condition. Due to this, the solutions may differ. – Jus12 – 2013-08-05T20:08:39.147

Answers

You may use /etc/crontab on your Ubuntu:

* * * * * root /bin/bash /usr/local/bin/bitcoin_resender

And script shall looks like:

$ cat /usr/local/bin/bitcoin_resender
#!/bin/bash
if [ $(echo "$(bitcoind getbalance) > 0" | bc) -eq 1 ];then
      bitcoind sendtoaddress YOUR_NEW_ADDRESS $(bitcoind getbalance) "Comment for resender"
fi

It will check every minutes your bitcoind balance and resend each bitcoins to YOUR_NEW_ADDRESS.

Your probably need to check the fee.

user6203

Posted 2013-07-21T01:52:17.607

Reputation:

5Code answer is best answer. – Colin Dean – 2013-08-04T14:40:19.337

And what about fees? error: {"code":-4,"message":"Error: This transaction requires a transaction fee of at least 0.024 because of its amount, complexity, or use of recently received funds!"} – Afr – 2014-02-01T14:52:23.923

-1

It is not possible.
You need to write your own software for this.

As a workaround, maybe you can import this receiving address to spending wallet?

ripazha

Posted 2013-07-21T01:52:17.607

Reputation: 488