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Ok, I was able to import this into my wallet and confirm the balance.
Not trusting my work computer or just about any computer...now that I have seen this work I can delete my wallet.dat correct? Or is there a way to get that address out of there?
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Just to be sure. I created the vanity address in my sig using the vanity generator.
It gave me that address and then private address.
I wrote down/copied in multiple places the private address.
I have not put that address into a wallet but have had a few BTC sent to the public address.
Before I send more BTC to the address, I just want to confirm that as long as I have that private address, I will be able to eventually import it into a wallet and spend those BTC.
Is this correct?
Thanks.
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It is legit. I sold 2 BTC for 1 million each. I would have asked for more but that would have been greedy.
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Yup, that's exactly what bitcoinbuilder.com is for, once you've set up the recurring dwolla transfer, you can use it to set up a schedule to auto-buy (or sell too) bitcoins at the market price or highest bid or 24 hour average price! You can do it as frequently as every hour and any tiny amount. No fees!
Looks great. Good job! |
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With my company I can choose a percentage of different accounts that I want my paycheck to go into.
Right now it is 100% into my checking account, but it would be great if I could specify 10% going into an account that converts it into a Bitcoin address for me.
Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.
Give Bit-Pay a shot. Umm, bit-pay takes Bitcoins and turns them into cash. |
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Bitcoin would need to be at about $5,000 to $10,000 for me to live off of my current Bitcoin at my current lifestyle.
I definitely need more bitcoins.
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With my company I can choose a percentage of different accounts that I want my paycheck to go into.
Right now it is 100% into my checking account, but it would be great if I could specify 10% going into an account that converts it into a Bitcoin address for me.
Sure I can do this manually by transferring a certain amount each pay period to Dwolla and then to MtGox and then purchase BTC. But it would seem reasonable that a Bitcoin company would do well providing such a service.
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It could be considered more like an e-mail.
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I don't like this nationalistic "us vs. them" mentality. There are a number of problems with that line of thinking. First, people shouldn't associate themselves primarily with their governments (nationality should be one of the least important attributes of an individual). Second, the fact that many other individuals in the same national territory as you have lots of wealth doesn't indicate that you will benefit any more than if that wealth belonged to individuals on the other side of the world.
There are many reasons Bitcoin should be more widely adopted around the world as a primary currency. The fact that the USA or "we" control the plurality of the Bitcoins is not one of these reasons.
I looked into this initially merely because it was an argument used against pushing for a return to the gold standard as a currency many years ago because "The US doesn't produce gold as quickly as other countries so going back to the gold standard would be worse than staying with the dollar." So I figured I would see how Bitcoin compares in that regard to gold. Certainly Bitcoin is a currency of the individual but if a government can be tempted to embrace it based upon the fact that it would give it more power within the world, it should be highlighted. Such a collective approach could also be used against those government officials whom would see fit to try to inhibit Bitcoin's use. |
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Why Bitcoin is a better choice as a currency for Americans than gold, or why Bitcoin's future can be shaped by how US lawmakers react to it.
True, having 40% of the Bitcoin economy hit by an overarching government would have a significant affect. |
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If the whole world were to change their currency tomorrow and had the choice between gold or Bitcoin, Americans would be well served if Bitcoin was chosen. The reason being, we are richer in Bitcoin compared to the rest of the world than we are in gold compared to the rest of the world. In tons of gold, the United States holds 8,133 out of a total 30,623 with the closest holder being Germany with 3,396. That is 26.5% of the world's gold controlled by the United States. (according to: http://en.wikipedia.org/wiki/Gold_reserve) In number of Bitcoin hosts, the United States has 6005 out of a total 14,727 with the closest holder being Germany with 1096. That is 40.7% of the world's Bitcoin nodes controlled by the United States. (according to: http://bitcoinstatus.rowit.co.uk/) If tomorrow the whole world switched over to Bitcoin, we would hold over 40% of the world's wealth. This would solidify our presence on top of the world stage for a long time to come. Even without switching over tomorrow, the eventuality of Bitcoin becoming a dominant world currency presents the challenge to all nations to get a larger piece of the pie before other countries catch on and get priced out of existence. And yes, I do realize that the number of nodes does not necessarily mean that the amount of Bitcoins is evenly distributed between all nodes, but it gives a good statistical indicator in a currency where anonymity does not allow for knowledge of who owns what amount of bitcoin. So, at the moment, it would benefit all Americans to start pushing Bitcoin as a viable currency and start pushing that 40% higher before other countries catch on and tip the scale in their favor. And at current prices, that would not be very difficult to do. |
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If not greed, then what is the cause of species going extinct or on the verge of going extinct due to poaching?
Sumatran rhino horn is now valued at $30,000 due to its dwindling supply. Nothing like a dwindling supply of Sumatran rhino horn, a sky rocketing price, coupled with greed to accelerate the demise of this species.
Communal property leads to species going extinct. |
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Since time immemorial and pre-industrial, 'greed' has been the accusation hurled at the rich by the concrete-bound illiterates who were unable to conceive of the source of wealth or of the motivation of those who produce it. - Ayn Rand
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Ok, I have taken the title of this thread to heart and stopped programming my web app.
The app would have made it possible to use Bitcoin at any retailer online and also all POS transactions. It would also allow texting and cell phone service anywhere via the blockchain for one Satoshi per month. I was just finishing up the code that piggybacked the mining GPU to help tell the future through a complex algorithm that could tell you what was going to happen the next day based upon a solved block.
I just did a rm -f /* on my server and have quit my job as a software engineer telling my boss that the work we are doing is pointless because it is not secure. He agreed and quit, all the way up the ladder everyone is quitting and the company is shuttering their doors.
Thank You. Advice heeded.
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Probably a stupid question but how much space would be needed for a db of every hash and value?
Well "every value" is simply an infinite number. However to store say every passphrase using printable symbol on a standard keyboard (95) up to a length of 20 would be 95^20 = 3.58 x 10^39 records If we assume no overhead and an average of 10.5 bytes for the input and 32 bytes for the hash that would be: 1.52 x 10^41 bytes ~152,356,517,023,630,000,000,000,000,000 1 TB hard drives. The earth has about 1.3x10^50 atoms so even storing 1 bit per atom it would take up roughly a planet sized body. Of course if the user had salt their hash wouldn't exist in your database. To account for every 32 bit salt would require ~4 billion earth sized planets. So you're saying there's a chance... |
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Safes have time controls where only certain times of day you can open it.
Same could be done for a wallet.
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Laser etching it into a diamond that you then make into a wedding ring would be the ultimate sign of love.
The ring could then be passed down generation by generation.
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I can see some beings or humans in the future unearthing these metal pieces with long strings of numbers and letters trying to figure out what it is.
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