Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: yuriythebest on May 19, 2011, 09:39:41 PM



Title: Read the introduction- still have questions
Post by: yuriythebest on May 19, 2011, 09:39:41 PM
Right, this is all rather intriguing but I'm rather perplexed by the lack of a username/password login thingy when I launch the client, seems all I get is a "main" bitcoin address and a receiving address, which seem to be identical.  I just don't get how people can't just use my address to not just send money to it but also pretend to be me?   I just don't understand it how the whole thing works.


Second question- I've had my client open for 5-6 hours or so and haven't received any money.   Seems


Title: Re: Read the introduction- still have questions
Post by: kiba on May 19, 2011, 09:41:29 PM
Had anybody send you any money? If nobody didn't, you ain't getting anything.

Bitcoin doesn't grow on your desktop, ya know?


Title: Re: Read the introduction- still have questions
Post by: yuriythebest on May 19, 2011, 09:53:28 PM
Had anybody send you any money? If nobody didn't, you ain't getting anything.

Bitcoin doesn't grow on your desktop, ya know?

okey thanks - what about my first question?


Title: Re: Read the introduction- still have questions
Post by: berlin on May 19, 2011, 09:53:40 PM
Right, this is all rather intriguing but I'm rather perplexed by the lack of a username/password login thingy when I launch the client, seems all I get is a "main" bitcoin address and a receiving address, which seem to be identical.  I just don't get how people can't just use my address to not just send money to it but also pretend to be me?   I just don't understand it how the whole thing works.


Second question- I've had my client open for 5-6 hours or so and haven't received any money.   Seems

By now, mining requires powerful GPU's to be productive. The days when mining on your PC CPU are no more.

Money does not appear from nowhere, but you can get free bitcoins donated by the community in order to promote the system from this website:
freebitcoins.appspot.com

Your ownership of bitcoin on your computer is not defined by any username/password, but rather by your possession of a small file called wallet.dat on your computer. However you can use online services to hold your money for you, and they would require a username/password to log in, for instance mybitcoin.com

If you can sell something for bitcoin, you should do so. Perhaps on biddingpond.com


Title: Re: Read the introduction- still have questions
Post by: MoonShadow on May 19, 2011, 09:57:24 PM
Right, this is all rather intriguing but I'm rather perplexed by the lack of a username/password login thingy when I launch the client, seems all I get is a "main" bitcoin address and a receiving address, which seem to be identical.  I just don't get how people can't just use my address to not just send money to it but also pretend to be me?   I just don't understand it how the whole thing works.


Read the FAQ or the Wiki.  If you still have specific questions, come back.


Title: Re: Read the introduction- still have questions
Post by: Garrett Burgwardt on May 19, 2011, 10:02:44 PM
Right, this is all rather intriguing but I'm rather perplexed by the lack of a username/password login thingy when I launch the client, seems all I get is a "main" bitcoin address and a receiving address, which seem to be identical.  I just don't get how people can't just use my address to not just send money to it but also pretend to be me?   I just don't understand it how the whole thing works.


Second question- I've had my client open for 5-6 hours or so and haven't received any money.   Seems

My article in The Bitcoin Sun might be of use.

http://www.bitcoinservice.co.uk/files/866

Just refresh the page to download.


Title: Re: Read the introduction- still have questions
Post by: FreeMoney on May 19, 2011, 10:14:19 PM
You don't see it but you're client makes a random private key which it uses both to make the public key (that you see and share) and to spend any coins sent to that address. People could only pretend to be you on the receiving side, which would mean free money for you.
 


Title: Re: Read the introduction- still have questions
Post by: yuriythebest on May 20, 2011, 07:47:37 AM
You don't see it but you're client makes a random private key which it uses both to make the public key (that you see and share) and to spend any coins sent to that address. People could only pretend to be you on the receiving side, which would mean free money for you.
 

but what If I want to use it on several computers?? or what if I have to reinstall windows n stuff? seems very weird/impractical.


Title: Re: Read the introduction- still have questions
Post by: titeuf_87 on May 20, 2011, 08:38:58 AM
You don't see it but you're client makes a random private key which it uses both to make the public key (that you see and share) and to spend any coins sent to that address. People could only pretend to be you on the receiving side, which would mean free money for you.
 

but what If I want to use it on several computers?? or what if I have to reinstall windows n stuff? seems very weird/impractical.
You can run bitcoin on another computer, it'll get a new address and send bitcoins back and for between the addresses.
Or copy over your wallet.dat to the other computer and you can use the same accounts.

As for reinstalling Windows: that would be the same thing as every other document on your computer: if you don't backup your Word documents before reinstalling them for instance, you will lose them.

Take a look at the wiki (https://en.bitcoin.it/wiki/Data_directory) to see where your wallet.dat is stored and how to back it up.


Title: Re: Read the introduction- still have questions
Post by: Mike Hearn on May 20, 2011, 09:16:43 AM
Your wallet belongs to your computer rather than some account on a third party service. If you want, you can certainly use a third party service.

For example: if you think you'll be moving between computers a lot, you might want to install Chrome, set up Chrome Sync to your Google account, and then visit instawallet.org. It will give you an address you can use which is identified by a URL, so pressing the star button in your address bar will effectively mean you can always get back to that address by installing chrome, logging in and then opening that bookmark.