I never saw this before is there even any fees to one satoshi?
they force a transaction fee Well, not necessarily. But the transaction might never confirm if he does not.
You can make transfers without a transactions fee. Without going into details: adding a transaction fee just increase the priority. When that is said, no transaction fee with very small output might never confirm because of the low priority, but can still be picked up by a generous miner. This is of cause on protocol level, e.g. bitcoin core suggest a mandatory fee, to guarantee that transaction gets confirmed. |
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And Multibit allows a wallet.dat import? I'm checking the site right now and can't find any info about importing an existing wallet.dat.
You can just load the wallet.dat with bitcoin core, and export all the private keys to a textfile, you don't need to be synced to do that. Actually, its recommend that you do such an operation while the computer is offline. The command is called: dumpprivkey |
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Great article  |
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I don't know many people on this forum, but still I'd like to pass on
--> 50mBTC to GameKyuubi
for the invention of the most important word in Bitcoin history: "HODLING"
Thanks for the nomination  You will always be remembered for inventing the concept "hodling". Thank you  |
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China is a communist state as Russia before. Their communist gov is evil, and have killed millions of people and destroyed culture. They hate any freedom and human right.
As you knew, China has banned this site bitcointalk.org after their central bank banned btc. I knew there are many Chinese trade btc and ignore gov's ban, but if communist party throw them to jail for bitcoin?
Because now China is "anti-terrorism" and banned foreign videos on web(after they banned youtube, their own sites still have),and they banned google, banned fb, twit. etc.
So I Think The fucking communist party will fuck up bitcoin in china, and may use their miners to 51% attack the btc network?
It is a very common misunderstanding that having 51% of the hash power will "destroy" the network. Actually the network will be intact, but it gives them the ability to double spend their own transactions. There is also some lucked involved, they have to maintain 51% and be lucky at the same time over a period of time. It would cause drama and media attention for sure, but bitcoin dev could relatively fast fork and release a new core and the majority of the "true" users would follow. And all the "attack hashing" from the attacker would be wasted, since the double spends would be reversed in the new chain. |
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Although the two day the price rise.But there is a long distance to my cost price.I am waiting and will be to wait
If you look at the chart it's obvious there's gonna be consolidation at 100 for 2-3 days. Then doge should go up to around 150-ish. I don't think this run will stop or reverse until it hits ~200 [in about 6-8 days]. At that point we could see a huge selloff and a shift to maybe Litecoin. Cheers! The big question: Where will DOGE settle after the big sell off? 150? 100? or 50? |
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Do not forget the almost halving awards. If demand remains the same and the offer is half the price should grow significantly. Some just because now buying dogecoin.
We could be facing the same scenario as last halving, lot of people buy in hope that the "constant demand and less supply" at halfing drives the exchange rate up. But actually, when a lot people is looking to score a profit and sell high, then will the demand decrease. I have been semi careful not to get too many DOGE so close to halving, its really a gamble how it will go. |
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As per buyer interest, it seems that we will have to mint the 1 Million Gold Dogecoin  But! As we've never dealt with gold before we need some time to figure out how to manufacture and ship this coin.  |
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I only stop to check on my long-term investments once a week.
So, vircurex [where I keep an absolute minimum, just check prices]
has disappeared. Cliffs on WTF happened?
Well, Vircurex has not been doing to well this year: https://bitcointalk.org/index.php?topic=569037.0they fixed Is that a question or a statement? statement Oh really? That must mean that the people that have frozen funds there got their coins returned. I am happy for them slowly but surely. they fixed
Ah, so what you mean is: They are in the progress of fixing it. |
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I only stop to check on my long-term investments once a week.
So, vircurex [where I keep an absolute minimum, just check prices]
has disappeared. Cliffs on WTF happened?
Well, Vircurex has not been doing to well this year: https://bitcointalk.org/index.php?topic=569037.0they fixed Is that a question or a statement? statement Oh really? That must mean that the people that have frozen funds there got their coins returned. I am happy for them |
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I only stop to check on my long-term investments once a week.
So, vircurex [where I keep an absolute minimum, just check prices]
has disappeared. Cliffs on WTF happened?
Well, Vircurex has not been doing to well this year: https://bitcointalk.org/index.php?topic=569037.0they fixed Is that a question or a statement? |
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I only stop to check on my long-term investments once a week.
So, vircurex [where I keep an absolute minimum, just check prices]
has disappeared. Cliffs on WTF happened?
Well, Vircurex has not been doing to well this year: https://bitcointalk.org/index.php?topic=569037.0 |
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Thank you for all the help, hard to know who you can trust on the internet sometimes.
Sadly enough scammers and thieves are always going to be around. No matter how perfect the system people will always be the flaw.
No problem, any time. Just post here in this thread or send me a PM if you need any help. Cheers! |
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I do like collecting as well. I may end-up doing the same thing There is a lot of cool stuff sold here: https://bitcointalk.org/index.php?board=51.0Always check the sellers trust rating. I suggest you use escrow until you know some trusted dealers. Here is the community official escrow list: https://bitcointalk.org/index.php?topic=108716.0I can personal recommend: PsychoticBoy SebastianJu DannyHamilton Tomatocage (there is many other good escrows) Just send the escrow a PM if you have a pending sale, they will help you. Also, beware of scammers, unfortunately there is a lot of scammers. Most popular scam these days is to impersonate a seller or trusted member by slightly change the user name or add "`" before or after the name. So always double check that you got the right guy. Look at this guy, a trusted coin trader: https://bitcointalk.org/index.php?action=profile;u=134378This is an impostor: https://bitcointalk.org/index.php?action=profile;u=335426But don't get scared away be these lame scammers, If you only send funds to a trusted escrow, then should you be good. I would not hesitate to send thousands of dollars to any of the escrows I have mentioned, they will not scam you. |
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I am not well versed in the economics of the bitcoin so currently I don't understand having a day to day wallet. From what I understand is in a way it works like it's own stock exchange.
Well, bitcoins have different use. Some have them purely for investment some use them as a currency. Personally I use my bit coins for trading, buying/selling collectable coins and precious metals. I can send funds directly between Europe and U.S. in matter of seconds, and the transaction only cost me a few cents, no other financial system can currently compete with that. A typical transaction for me is to buy goods from e.g. a U.S. based seller, once he receive payment then will he ship the goods to me (or vice verse). The bitcoin transactions are irreversible, so if I do not 100% trust the seller, then will I use an escrow for the transaction (that both buyer and seller trust). |
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I just started looking into "cold storage" I think my preferred method will be this since a majority of the bitcoins I do collect I will be sitting on. At least this is the game plan with my current knowledge.
Personally I have 3 "levels" of wallets: 1. Hot wallet (day-to-day spending, both workstation PC and Smartphone). 2. Cold wallet (dedicated PC only used for bitcoin, only turned on briefly when transaction is needed) 3. Cold storage (paper wallet, never spend) There are more secure schemes than this, but for my use and amounts, is it sufficient. |
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Thank you for you advice that is one thing I haven't began to think about yet. I was many focusing on the hardware at first. I think I am just going to purchase a small device to start out with before I take the plunge.
Well, you basically just need a PC to have a bitcoin wallet. https://bitcoin.org/en/choose-your-walletPersonally I use bitcoin core, mostly because I feel comfortable with this client, and know how it works. Smartphone will do too, but only for small amounts (day-to-day micro payments), for that I use Mycelium. If you are planning on holding large sums, then would paper wallets be worth looking into, here can you use e.g. bitaddress.org (but download the page and run offline). |
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^ ^ Love that gif |
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Well then we have to discard the 1 Billion coin , D: Doge price going up! This will make our gold coins more expensive. Its hard to be disappointed about the DOGE price. The face value of our CryptoImperator coins has significantly increased. Nevertheless, I did the same as wheresmycoin the other day, and got some digital DOGE, just in case. |
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^ ^  |
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