It appears that if you take the PRIVATE keys from bitcoin-qt 0.7.2, then import them to the Multi-bit client
The PUBLIC addresses that are generated DO NOT always MATCH the addresses as seen in bitcoin-qt client.
So that this gets noticed, would you move this to the Multibit forum board? - http://bitcointalk.org/index.php?board=99.0[Edit: In the bottom left you will find the link allowing you to move it.] |
|
|
|
speculation?
Ya, with the heavy buying over (or just paused perhaps) I was a little surprised to see prices stay in a narrow band after the run from $13s (was $13.51 on Jan 1st). The exchange volume is low so fortunately there are not many sellers "locking in" their gains otherwise there isn't much stopping a pullback of maybe 15% or so. At a minimum I figured people whose investment in BTC is now valued proportionally greater than they are comfortable it being would have been selling here to rebalance their investment portfolio (e.g., move some of the gains from bitcoins into cash or perhaps other assets,) There are a lot more bitcoins currently held by people not entirely sure this valuation will stick than there are new flows chomping at the bit to buy at $30 or more. But who knows, the money for this rally to $30 came from nowhere so who knows if there's more to come. |
|
|
|
what would be the best FPGA rig for around 2k - 3k
Maybe you've not been following closely but ASICMiner is up and running and will themselves be massively increasing the THash/s. Avalon ASIC has shipped a few units and will be shipping in quantity soon. BFL says their stuff is coming along. Why blow $2k - $3k on FPGA now? It's over. Go home. |
|
|
|
I'd like to store a portion of my accumulated bitcoins within one or more online wallets. I'm currently looking at Coinbase as an option. My short term goal is to intentionally diversify my online wallet(s). Specifically, I'd like to use ones that have an accessible API and a solid reputation. Or at least as solid as can be. It is easy enough to Google for them, but I'm having a hard time pinpointing the reputable ones.
Two-factor authentication is a must: - http://bitcoin.stackexchange.com/questions/4113There are two different types of "online wallet", hosted (shared) EWallets (Mt. Gox, Instawallet, Coinbase, etc.) and hybrid EWallets (Blockchain.info). The hybrid wallet does not have access to your funds. The hosted (shared) EWallets hold your funds for you, and you only would submit a request to them when wanting to withdraw. The counterparty risk is significantly higher with a hosted (shared) EWallet. If you are looking to lessen some of the risk of holding coins, there are better ways than dividing risk by letting multiples of others hold them for you. (e.g., paper wallets, Armory cold storage, etc.) |
|
|
|
Newest link: mtgox.us
Wow, the pace seems to be quickening as the reports / takedown requests seem to be working. Update, latest incarnation: mtgox.us The e-mail address for that PayPal account: mtgox.com@live.comPrevious scams (in chronological order) likely by the same scammer: - EasZPay.com - MtGax.com - MtGix.com - i4Dollars.com - BTKoin.com - BitcoinTalks.com - VirWex.com - bitcoin.appee.com - silkroadtor.com Please report this scammer as badware: - http://www.google.com/safebrowsing/report_badware/?url=http://mtgox.us |
|
|
|
I'm sure you have your reasons but I'm still curious as to why anyone would feel the need to transport more than 10k of cash at any time. Perhaps I'm making a purchase ... of soemthing that is entirely legal for me to do. As was said, you can transport more within the EU, as long as you declare it first, so why not declare it? Me carrying a lot of cash is something I don't wish to broadcast to the world. The only person that needs to know is me up until the point that I meet with the seller. By having to disclose to anyone else that I am carrying that much cash creates a security risk where one didn't exist previously (or at least not the same risk). |
|
|
|
is there a certain appeal to the site's 'nakeness'?
BitZino has a first-mover advantage. Prior to bitZino there were a couple of provably fair wagering methods (bitjack21 blackjack and bitLotto.com lottery) but bitZino did it exactly right and was there at the right time. - http://www.bitZino.comThere is good competition now. http://BitcoinVideoCasino.com is also provably fair and has a great UI. I wish we would see more innovation too ... like http://KingCo.in ... simply, yet visually entertaining. BitZino And The Dawn Of 'Provably Fair' Casino Gaming - http://www.forbes.com/sites/jonmatonis/2012/08/31/bitzino-and-the-dawn-of-provably-fair-casino-gaming/mem's BITCOIN GAMBLING LIST - http://bitcointalk.org/index.php?topic=75883.220Bitcoin Gaming Guide - http://betwithbtc.comWhile many online gaming players aren't already "trained" to know what question to ask, bitcoiner s include many who know math, odds, EV, etc. and understand that an online wagering service taking a house advantage of 2% that offers a provably fair (seed provided by client) approach is going to beat the pants off (for not losing as quickly) as some site with lots of bells and whistles, but takes 5% or more of your money. |
|
|
|
If I see an unconfirmed incoming transaction on my Bitcoin Client, and those bitcoins are later spent elsewhere, does the incoming transaction disappear without a trace from my transaction list? Yup, unless you were somehow able to do a spend transaction with those funds (e.g., from another client that allows spend using unconfirmed funds) Does it disappear from Blockchain.info records? Not right away, I believe the double spend transaction will persist for about a day or so. Speaking of which, can Blockchain.info wallets be used for double spending, or do you need custom software? It isn't the transaction that you know about that will look anything different. It is the second, double-spend transaction that gets mined and included in a block that becomes the problem. Is there any "safe" time during which a double spend is unlikely to happen? Nope, until a transaction has a confirmation any miner can include a double spend transaction that the rest of the network doesn't know about (or has rejected). Any other signs that I should keep an eye out for? There are some rules that can be applied to filter out transactions that will likely get mined in the next block (sent using only coins that have already confirmed more than a day ago, transaction below 10K in size, and a fee was paid.) versus those which will not get mined anytime soon (any of the folowing ... larger than 10K, no fee or inadequate fee, includes an input that itself hasn't confirmed, lots of "spam/dust" transactions, etc.). Accepting 0/unconfirmed transactions will be like an arms race. You can tweak some things on your end, and the attacker will try to game it. You simply need to make sure it is not economically beneficial for the attacker to keep trying and the problem will be minimized. |
|
|
|
Just passed the last 30 day wait. I'm still at 10/btc a day.
Mine was received after 30 days but not much after. It was automatic, received a notice via e-mail. They've been absolutely slammed during the rally though, perhaps they paused the automatic increases since they were already unable to keep up with demand. Send an e-mail and inquire. |
|
|
|
1- All the talks are about hashrate that mainly affects the processes of generating bitcoins, but i think there are other factors, is this true? Hashing is the work performed for Bitcoin's distributed consensus approach. It only receives bitcoins as a subsidy. The amount of the subsidy is decreasing slowing and eventually end completely. But the hashing needs to continue, so transaction fees will need to enter the scene as the subsidy decreases. 2- Current block earns you 25bitcoins previously was 50bitcoins is this going to decrease with the next difficulty shift? or when exactly the amount of bitcoins earned per block is decreased? The first drop, from 50 to 25 BTC occurred with block 210,000 in November 2012 (nearly four years since block 0). The next drop from 25 to 12.5 BTC will occur with block 420,000, expected around October 2016 (nearly four years since block 210,000), And repeat with the block reward subsidy dropping in half every four years. 3- Let's say i've a big amount of bitcoins how easy it's to cash them for dollars or euros? What is "big amount"? If you are in the U.S. you can sell up to 100 BTC today using Coinbase and have the cash in your bank account in a few days. Larger amounts after a probationary waiting period. Otherwise you can cash out larger amounts at exchanges, like Bitstamp, Mt. Gox, etc. For really large amounts there are bulk buyers and sellers who can help accommodate your need. - http://en.bitcoin.it/wiki/Selling_bitcoins |
|
|
|
Is there a way to see which accounts have the most bitcoins?
You mean which Addresses? "Accounts" are something different, specific to either the Bitcoin-Qt client or to your hosted (shared) EWallet. |
|
|
|
I'll take those numbers, pretty good in my book. Pretty good? That's like saying winning the lottery makes one able to live a comfortable life. Don't forget, the bitcoin proceeds are relative to one thing ... the difficulty at every point in time that it is mining. If total hashing capacity of the network doubles, the number of bitcoins received when mining with any hardware (e.g., Avalon ASIC) will drop in half. |
|
|
|
I can crank the difficulty up, but I dont think thats telling the whole story... or is it?
Yes, your proceeds in BTCs will pretty much correlate directly to your hashing level versus difficulty during each adjustment period in the future. Since those levels aren't known yet nor is there any real way to guesstimate them, you are left with purely speculating as to how much capacity will be coming online. |
|
|
|
Hello, I go here and see there are some BTCitcoins sent from my adress. But I never sent any BTCitcoins (just receive). How is it possible ? Is there something I don't understand ? Thanks. Are you using a hosted (shared) EWallet (e.g., Mt. Gox exchange, InstaWallet, etc.? If so then that address isn't your address, it just happens to be the address in which your account will be credited for any bitcoin deposits. So you will see funds leave but that is because the provider transfers funds around in their wallet, sometimes using the coins you deposited for the payout for other accountholder's withdrawals. If instead you are using a local client like Bitcoin-Qt, Electrum, MultiBit, Armory, Bitcoin Wallet for Android or a hybrid EWallet like Blockchain.info/wallet, then you should never see a transaction that you did not initiate. |
|
|
|
Maybe that is peak volume and not average.
Yes, that was the level reached when they could no longer handle demand and had to block access for "maintenance", which is really disruptive for its users who cannot buy anything or get cash out when the service is down. But that's why cases like Kenya with M-PESA are so interesting to follow. With mobile payments being ubiquitous, an individual can use the service a half dozen times in a typical day. It might be used to pay for the ride to work, then once for lunch, then a couple times for shopping, then again for the return ride, maybe yet again for the grocery trip to make dinner and maybe later another purchase for evening entertainment. Now that's on the high-end usage pattern but that's not going to be entirely uncommon either. If the M-PESA fees weren't prohibitive for small transactions (e.g., a transaction under $5 might cost something like $0.70) it might see even wider use. |
|
|
|
How is the size calculated for that chart?
I don't have the source but if I remember correctly the size on the chart was just the raw block data, not the headers and not the index. |
|
|
|
that it somehow drives up the cost of transactions from miners seeking to recoup their costs from their investments?
If they could they would. Miner's are competing against each other. If one passes up a transaction because the fee wasn't too high, another more hungry miner might include it. But yes, currently Bitcoin appears to have an amount of protection (hashing capacity on the non-evil side) that is incredibly greater than is truly needed for today's levels. |
|
|
|
I imagine they would keep very little btc in reserve, and convert everything to USD (or whatever) as fast as they can receive it? BitcoinStore's margins are extremely thin and its suppliers (presumably) take dollars (or fiat), so that is quite likely that they convert all bitcoin revenues into fiat upon receive. Another business whose supply also requires fiat payments but has a 20% net margin might keep a fraction of their bitcoin revenues as bitcoins and convert the rest. Others might hold 100% of their bitcoin revenues since they were hoping to acquire bitcoins for investment purposes and simply not cashing bitcoin revenues out gives the lowest cost method to acquire bitcoins. There are solutions. An organization that wishes to keep their coins but protect against the possibility of a "non-trivial" drop in the exchange rate can buy PUT options as a hedge. Or the value of future BTC revenues (e.g., if a set number of bitcoins are being earned for rent payments) can then be "locked in" at a certain rate by selling BTC/USD futures contracts on ICBIT.se. You simply are paying up front to lessen the risks of unknowns down the road. More solutions in this area are coming as well (e.g., CoinSetter.com ). |
|
|
|
|
Show Posts
