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2281  Other / Beginners & Help / Re: HELP - How do i back-up my Multibit wallet ??? on: August 16, 2014, 01:28:30 PM
You can see the path to the wallet file in the multibit window title bar. Note it down. Close multibit and make a copy of the wallet file.

Each time you create a new address in multibit you will have to make a fresh backup because private keys are randomly generated in multibit. This will change when multibit hd comes out.
2282  Bitcoin / Electrum / Re: [How Electrum Works] Why you should be careful with your private keys. on: August 14, 2014, 02:19:54 PM
blockchain.info is not compatible with armory. For your purposes the only thing compatible with armory is armory, only thing compatible with electrum is electrum and so on.

Choose:

a) Offline armory + online armory

Or

b) offline electrum + online electrum

Don't mix and match wallets.
2283  Bitcoin / Bitcoin Discussion / Re: If its cheaper for merchants to use bitcoin and accept transaction with BTC >>> on: August 14, 2014, 05:09:27 AM
I've heard of promotions by newegg and dell since they started accepting btc. So they do offer discounts to consumers. They won't offer permanent discounts though. If they did they wouldn't be maximizing their profits.
2284  Economy / Speculation / Re: Everyone is panic selling their BTC on: August 14, 2014, 05:04:38 AM
fine astronaut, you can have a beer on the moon, but if you try to drink it, you are going to die

why ?

 Roll Eyes
2285  Bitcoin / Bitcoin Discussion / Re: Wife is pregnant, how to incorporate bitcoin into the process? on: August 13, 2014, 03:30:54 PM
- Shave the kid's head
- Tattoo a private key on his skull.
- When the hair grows back the private key will be hidden
- Send btc to corresponding address
- When he grows old and looses his hair he'll discover the btc. Nice retirement nest egg for him.
2286  Bitcoin / Electrum / Re: [How Electrum Works] Why you should be careful with your private keys. on: August 13, 2014, 01:48:57 PM
In armory:

- Double click on the wallet
- Click on 'backup this wallet'
- Select 'export key lists' radio button, click on button 'export key list'
- In the next window check 'public key(be)'
- Find the public key you entered into electrum and note down the corresponding private key (hex or wif).

The private key in armory is broken up by spaces. Remove the spaces and combine it into one long string and follow the instructions above:

https://bitcointalk.org/index.php?topic=657205.msg8258543#msg8258543

Alternatively, if you are willing to trust me, you could PM me the private key and I'll send the btc to an address you control.

He did that essentially with my script. But the Public X and the Public Y he used as his MPK in Electrum were NOT from his master seed.

I am currently working with him to figure out where his Public X and Public Y came from.

Perhaps a different wallet? (Maybe he has multiple and is mixing them up?)

The instructions I gave have nothing to do with his master seed. They are for dumping address specific priv keys.

Edit: To clarify he is using the public key of an ordinary bitcoin address in his armory wallet. Not the armory MPK or anything like that. Just the pub key of an ordinary address. The instructions above are for getting the corresponding priv key and going from there.
2287  Bitcoin / Electrum / Re: [How Electrum Works] Why you should be careful with your private keys. on: August 13, 2014, 01:15:53 PM
In armory:

- Double click on the wallet
- Click on 'backup this wallet'
- Select 'export key lists' radio button, click on button 'export key list'
- In the next window check 'public key(be)'
- Find the public key you entered into electrum and note down the corresponding private key (hex or wif).

The private key in armory is broken up by spaces. Remove the spaces and combine it into one long string and follow the instructions above:

https://bitcointalk.org/index.php?topic=657205.msg8258543#msg8258543

Alternatively, if you are willing to trust me, you could PM me the private key and I'll send the btc to an address you control.
2288  Bitcoin / Electrum / Re: SYNCHRONIZATION OF WALLET IN COMPUTER BY FASTER on: August 12, 2014, 09:50:52 AM
Syncing barely takes a minute with electrum. If it's not working for you, switch to another electrum server. You can do that by choosing tools menu > network or clicking on the red/green icon on the bottom right of the electrum window.
2289  Bitcoin / Electrum / Re: Can't open anymore Electrum wallet. on: August 11, 2014, 08:41:25 AM

I did it but it didn't work,it's still not opening.

I installed a new electrum on another laptop and tried restoring the seed but it's snowing that my balance is 0 bit coin.

I'm guessing my seed is wrong,is it possible to restore it from the back up?

I really don't know what to do

Don't panic. If you have the wallet file and you know the password all sorts of things are possible. First thing you should do is make a backup of the wallet file if you haven't done so already.

Then try copying the wallet file over to the second laptop. The location of the wallet file is given below:

https://en.bitcoin.it/wiki/Electrum#Wallet_File

You should copy it to a similar location on the 2nd laptop. Does electrum run on the 2nd laptop now or not?

Also tell us which version of electrum and what operating system you are using?
2290  Bitcoin / Electrum / Re: Can't open anymore Electrum wallet. on: August 11, 2014, 03:03:24 AM
Follow the instructions on this post:

https://bitcointalk.org/index.php?topic=725686.msg8213470#msg8213470

2291  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi will ever spend his bitcoins? on: August 09, 2014, 02:45:35 AM
Value of 1BTC (around figure)

2009 => 10-2 USD
2010 => 10-1 USD
2011 => 100 USD
2012 => 101 USD
2013 => 102 USD
2014 => 103 USD
2015 => 104 USD
2016 => 105 USD
2017 => 106 USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Basically, buy and hold for three years as much BTC as you can. It's not unreasonable to think that the value will even just merely double or triple in the next three years, if the past three years is any indication. Perhaps it won't go to 1M USD, but it's within reach to hit 1K USD again.

1k is almost certain. But we aren't in it for just 1k right? We want 10k!
2292  Bitcoin / Electrum / Re: [How Electrum Works] Why you should be careful with your private keys. on: August 09, 2014, 02:39:08 AM
arorts hasn't replied but if anyone else is in this situation it's actually pretty simple to get the address specific private keys.

Code:
git clone https://github.com/vbuterin/pybitcointools
pybtctool electrum_privkey <master private key in hex/wif> <number>

So if the "master private key" corresponding to the "master public key" used to create the watch only wallet is f45xxxx...xe3c and you want the private key for the first address in the wallet:

Code:
pybtctool electrum_privkey f45xxxx...xe3c  0 

If you need to convert between hex encoded private keys and WIF ones just use encode_privkey. So again:

Code:
pybtctool electrum_privkey f45xxxx...xe3c  0  | pybtctool -s encode_privkey wif

You can then import that into whatever wallet you like.


2293  Bitcoin / Bitcoin Discussion / Re: How To Explain Bitcoin To Your Grandparents on: August 09, 2014, 12:50:45 AM
Yet another ageist thread. They are always very annoying reading for this long-time grandparent.

I'm sorry to hear that many of you have such dense grandparents though. Such conditions are often hereditary, but it is unwise to confound correlation with causality (hint).

Hey kids - did I ever tell you about the time I found two BTC blocks using nVidia cards? Back before the reward halving split in 2012, of course. True story!

Heh.

Could you get it up without viagra back in 2012?
2294  Bitcoin / Bitcoin Discussion / Re: How To Explain Bitcoin To Your Grandparents on: August 09, 2014, 12:49:26 AM
I have legitimately used this with my family. Why is it so hard for people to understand the concept of currency (meaning that bitcoin is a currency)? Bitcoin is backed by the same thing as USD... hope.

I thought USD was backed by aircraft carriers?

I'm not sure if there was a joke somewhere in there, but here's the explanation.

At one point of time USD was backed by gold (or silver?) but anymore there's so much inflation that its backed by the simple usage of it.

It's backed by the threat of regime change.
2295  Bitcoin / Bitcoin Discussion / Re: How To Explain Bitcoin To Your Grandparents on: August 08, 2014, 06:14:43 PM
I have legitimately used this with my family. Why is it so hard for people to understand the concept of currency (meaning that bitcoin is a currency)? Bitcoin is backed by the same thing as USD... hope.

I thought USD was backed by aircraft carriers?
2296  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi will ever spend his bitcoins? on: August 08, 2014, 06:10:14 PM
Is there anyway to confirm whether Satoshi has spent in BTC? All transactions are anonymous so unless he/she comes out and admits it the world will never know

We'll know if the price takes a sudden dive. He is rumoured to control at least a million btc.
2297  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi will ever spend his bitcoins? on: August 08, 2014, 05:30:17 PM
Remember that post on ning earlier in the year when the whole dorian nakamoto saga was going on? It looks like the real satoshi is both alive and well and keeps up to date with what's going on with his invention. So I think he will cash out when he feels the time is right. I hope he does it gradually or the price will crash!

Another possibility is that the "real satoshi" is actually a sovereign state and their holdings will be converted into a reserve of some sort. Will be quite ironic if a government has Bitcoin by the short and curlies!
2298  Bitcoin / Bitcoin Discussion / Re: Wallet Encryption Password, on: August 08, 2014, 04:56:54 PM
No. If you want to secure the wallet, you should move its funds out into a new wallet asap. As stated earlier, locally changing the wallet's password from A to B does not secure the wallet if a stranger owns the wallet.dat file which was encrypted with password A and knows password A. If you change it to B, that has no effect on the compromised wallet.

What will the best way to move funds, rename old wallet.dat let the QT create a new one, generate a new address on the new wallet and then go back to old wallet transfer to new wallet?

Yes, except that you should set a password on the new wallet before you send the bitcoins over.
2299  Bitcoin / Electrum / Re: Unconfirmed Transaction on: August 08, 2014, 04:47:37 PM
^^ Pretty good stuff that. Way to go dabura667!
2300  Economy / Currency exchange / Re: WTS 170 dollars worth btc.. :) on: August 08, 2014, 01:00:15 PM
hi guys western union accepted Smiley

PMed.
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