Although I don't claim to have any insight to Satoshi's reasoning for doing that I'd lean towards that he probably wanted zero fees transaction to be available. The reason was to prioritize older coins over coins that are send again instantly. If your inputs were older, you're less likely to be spamming the network, so your priority would get higher. I think I made my last 0 fee transaction around the beginning of this year. After having several of them stuck of 14 days, I gave up. i also believe that when mempool is empty and mining a block gives miners nearly $61,000 (big percentage of which is pure profit) the transactions must be free.
It's a pitty how big mining rewards are detrimental to Bitcoin. Miners earn millions of dollars per day, that money is taken out of the Bitcoin ecosystem to pay for ASICs and power, and gives miners completely different interests than common Bitcoin users like you and me.
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~ Your best option now would be to double spend the transaction with a fee.
my issue is not with confirmation and fees! i can not even broadcast the transaction, it is being rejected by the nodes. Sorry I overlooked this part, I was assuming you wanted to re-broadcast an existing transaction. Is there any specific reason why you want it to be zero-fee?
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it is server-side app, not client-side Let me explain what this means in an easier way than all posts above me do already: SCAM! SCAM! SCAM! SCAM! SCAM! SCAM! There are only 2 sites I trust for paper walletshttps://www.bitaddress.orghttps://bitcoinpaperwallet.com/(of course you'll have to download these and use them offline as instructed on those sites to be safe from spyware)
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I'm almost certain I'll forget about this as time goes by, but I think we can all rely on Loyce to update us when the time is up! I'll keep you guys posted, and if you totally ignore all updates, you'll see the results in your wallet in 10 months. 10 10 17. That's a great date to have our investment start, even if we'll miss out on 0.1 of Bitcoin gold/gpu/sw2 Actually it was October 4, not 10. Note: it is a pity that we didn't get to buy at today's bargain prices. But 10 months is a long time, can't wait to see the results. Good luck everyone and thanks once more to Loyce for managing this portfolio. Be nice to check back every month for some (pointless?) discussions, though!
I'm now afraid to look at my Bittrex, only XRP and ARDR are up, the other 8 are down. My pick (GBYTE) is down the most. But that's just 6 days, I've learned a long time ago I can't time the market, and that's why there's 10 months to go. Great idea. Wish I had joined.
Check back in August next year for a possible round 2
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I created the paper wallet using bitaddress.org, offline, from a pc booted from a Ubuntu operating system on a usb stick. This is all good. I used the same bitaddress.org utility using the Ubuntu booted pc to decrypt my Private Key 6P..... There didn't seem to be any issue there, and it gave me a WIF address of 5K...
Now it all makes sense: you used the Private Key WIF to swipe your funds, while your paper wallet uses the Private Key WIF Compressed. Try the same again, but use the compressed private key.
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I've just created my first paper wallet How did you create this paper wallet? I first printed off securely a paper wallet, that provided a public and a BIP38 secured private key. How did you print this securely? I then purchased the bitcoin mBTC and deposited that using the public key. I think you mean Bitcoin address where you say "public key", correct? The one that most likely starts with a 1...... I checked that the bitcoin had arrived at my public key address. Did you check a website like this? https://blockchain.info/address/1BitcoinAddressI then tried to reverse the process, so first decrypted my private BIP38 key and found that the decrypted public key was different to the initial public key I had used for the deposit ! How did you decrypt it? Is this normal? Can different public keys still point to the same private key? If I then deposit more coins into the now different public key, will the deposit still end up in MY same wallet?
I'd say stop depositing until you've answered all questions
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Well said. Some analysts deduce from the fact that your inputs are highly regular amounts that your transaction probably came from a mixing service, most likely chipmixer. However what chipmixer is actually trying to do is to make each chip equal to the other. From what I've seen, ChipMixer typically creates several chips in the transaction, say 2x 0.064 plus 1x 0.032. If you create chips on your own and want it to look like ChipMixer's chips, you can't create 1x 0.064 and 1x 0.327. It's obvious the second example isn't created by ChipMixer.
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"Coin days destroyed" is no longer used as a priority mechanism since fees went up and miners started ignoring it. As far as I know, it has officially been removed recently. Too bad, because I loved sending free transactions once Bitcoin Core labeled it as "medium priority". To get "medium high" priority would need 1000 times more coin days, but indeed: higher amounts used to get higher priority. Your best option now would be to double spend the transaction with a fee.
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"Load raw data" gives a table, but it has the same problem Coinbase has: When I look at the 2 months Time Period: Closing value on 2017-10-10 00:00:00: $4817.99. When I look at the 1 day Time Period: Closing value on 2017-10-10 00:00:00: $4793.72I would expect the closing value to be the same on both views. Maybe my interpretation of what this means is wrong, am I missing something?
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hi, i sent blackbytes from my desktop wallet to my old mobile wallet. after restoring this wallet via seed the balance is still shown as 0. I read some time ago that after restoring old recieving wallet i can get the blackbytes by asking the sender to re-send the private payment. It would be great if someone could give me a step to step introduction what i have to do on my desktop wallet and on my mobile wallet.
Kind regards tortellino
up On your desktop wallet, you can go to the history of blackbytes' transactions, select a transaction you did with your mobile wallet and then click the button to resend the private payloads. I never tried that myself, but it seems to be a good place to start. I doubt it will work after restoring from seed though, the restored wallet has never been paired, but it's worth a try. I haven't tested this in my Byteball: Blackbytes FAQ.
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Brand new user Buenavd has 2 posts, both copy/pasted. Copy: The blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the 'current' part of a blockchain which records some or all of the recent transactions, and once completed goes into the blockchain as permanent database.
He's not alone, several sites show the exact same text. One of these "originals": https://www.linkedin.com/pulse/bitcoin-wheres-blockchain-it-sultan : BREAKING DOWN 'Blockchain'
The blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the ‘current’ part of a blockchain which records some or all of the recent transactions, and once completed goes into the blockchain as permanent database.
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I have read that specifically, Jaxx will not be honoring the BTC Gold split. I will message Electrum and see what they have to say.
Jaxx gives you a word list to backup, this is enough to export your private keys. Electrum has the option to export them directly. That being said, I suspect the snapshot has been taken already so Bitcoin Gold creators can premine. That also means moving your Bitcoins to another wallet now is too late for this fork. But this is just speculation based on some of the unconfirmed sources I read.
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Up for debate: tigaasayosa opened two threads just copy/pasting a long (high quality) article, including a (shortened) link to the source. I would classify the rest of his posts as shitposting. Copy: If you want to know what is Bitcoin, how you can get it and how it can help you, without floundering into technical details, this guide is for you. It will explain how the system works, how you can use it for your profit, which scams to avoid. It will also direct you to resources that will help you store and use your first pieces of digital currency. ~much much much more cut away~ source https://blockgeeks.com Copy: On June 12, 2017, an Ethereum based called Bancor held its ICO. It raised $153 million in 3 hours. No, you are not reading it wrong, 153 million…..in 3 hours!!! If that doesn’t get your brain melting, then how about this? The BAT ICO $35 million in 30 seconds!!! That’s near $1.2 million per second! And if that still doesn’t get your jaw dropping, then how about this? Have you heard of UET? UET had an ICO which raised $40,000 in just 3 days. Admirable if not particularly mind-blowing. Why do we bring it up after talking about Bancor and BAT? Well, UET stands for “Useless Ethereum Token”, it is a “joke coin”. ~much much much more cut away~ read full articel here https://goo.gl/erq8ny
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I'm looking for a website that gives me the Bitcoin price for any date, in such a way that it can't be debated. Usage: I want to make a prediction contest, in which the price on November 1 at a certain time(zone) has to be predicted. Coinbase allows me to export data, but it can be debated. If I compare the CSV for 1w to 3m, it is inconsistent: at the same time and date, the price can vary slightly. Bitcoinaverage has a graph that I can read the price from, but it uses my local time zone, and depending on how far I zoom in, it gives a slightly different price again. What website can produce this? I know there is of course no "exact" Bitcoin price, but as long as the site gives a clear answer and nobody can influence it directly, it's fine by me. No spam All my threads are now self-moderated to stop signature spam. I will remove all irrelevant posts. If you quote the entire OP, your entry will be deleted.
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Been trading BTC since 2012 well trusted and reliable. That's what they all say. Any proof? Or will do Bank Transfer if you go first. Lol. I have a relationship with a number of miners who want to sell from time to time. Give me one reason why they can't use an exchange.
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WARNING! MIXER.TO HAS SCAMMED! Read the rest of the thread for details (warning added October 29, 2017). After bitmixer.io's announcement of stopping their operationg. There are a lot of new mixing services that are popping out. Many scammers used websites similar to bitmixer's domain to lure people. They advertised on Google to trick people into using the fake website. Since bitmixer closed, they're all popping up with different names now. On the one hand mixing is big business, bitmixer mixed more than a million coins last year, just 1% fee means they earned millions of dollars, so it's an attractive market for new players to enter. On the other hand, they'll need to work hard on being trusted. Any Newbie who asks for a 0.01 BTC loan instantly gets red trust, but any mixer saying you can deposit 25 BTC can just do so. The last mixer I criticized claims to own 2000 Bitcoin, but refuses to sign a message. Let me try here too: please sign this message: Hi LoyceV, this is MIXER.TO on October 9, 2017, proving I have the funds I claim to have If you send this by PM, I will publicly confirm the amount you signed from, without disclosing the address. Our Bitcoin reserves have been increased.
From how much to how much? October 29: I never received any reply from MIXER.TO. They haven't even been online again after October 8.
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I wouldn't be surprised if Bitcoin Gold's snapshot has already been taken (and they're premining now). That means you could be too late if you still hve to move your Bitcoins to an address for which you control the private key. But this is just speculation, caused by the lack of information from the Bitcoin Gold team.
Before you import your private keys into a new wallet, make sure you move your Bitcoins to a new address first, for safety reasons.
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My strategy is simple: don't care too much Think of it this way: first, there was Bitcoin. Then, people felt they "missed the train" to get it cheap, so they created altcoins. They hype their altcoin, make it go up in value 1000x, and sell it. That wasn't enough, so the newer altcoins used a premine: 5%, 10%, or even 90%. They earned a lot, until people started complaining about the premines and calling it shitcoins. Then, they created ICOs: instead of just premining and keeping it for themselves, they don't even create coins anymore, it's now "tokens" based on some other coin. The creator starts with not 5, not 10, not 90 but a full 100% of everything! And you can buy them. Take a moment to remember what you're buying: you're buying tokens created out of thin air with some unclear promise on future needs from a few unknown guys. I read ICOs earned $1.7 billion this year alone, it's the biggest hype in crypto ever! It's a great business model: earn money, forget about it, create the next ICO! Now back to Bitcoin forks: it's the logical next step from people who want a quick buck: create something you have an advantage with, and convince people to buy it. [end of short cynical altcoin history - by LoyceV] Bitcoin Gold seems even less trustworthy than the rushed Bitcoin Cash fork. There's not much information about it, but there's only one reason to create any altcoin: make a PROFIT! I've read speculation about it, and wouldn't be surprised if it's true: the creators already took a snapshot, and have been premining ever since. When they finally announce their official fork, they'll be loaded in altcoins to sell off to anybody who buys them.
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I did install it in a different directory, I even installed it on a different user. On a proper Operating System, user directories shouldn't be able to touch eachother. I don't trust many wallets, and keep most wallets in their own Virtual Machine. If you have enough disk space to add another full blockchain, and have some RAM to spare, I recommend to use VirtualBox for all (untrusted) altcoin wallets.
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Roadmap: Alpha Version 0.3.5 Released March 11th 2016
New payment methods: National bank transfer, Transfer with same bank, Transfer with specific bank And there's the problem: what good does trading crypto do you, if you can't transfer to and from your local bank? Because there's no doubt the government can close that connection.
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