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2621  Bitcoin / Electrum / Re: Beginner question: What is the master public key and how are addresses generated on: March 20, 2014, 08:22:58 PM
a) Electrum is a desktop client. See the screens here: https://electrum.org/

3) The seed is explained here: https://electrum.org/seed.html . Yes, if the seed were to be discovered by a thief you will loose your coins. But the seed is a random number so it can't be guessed.

2) Maybe if they allow you to add watch-only addresses, but see a) above.

1) The master public key allows you to generate addresses independently of the seed. Using the MPK you can generate addresses, but you can't spend bitcoins sent to them. Bitcoins sent to your addresses will show up in your electrum window.

2622  Economy / Service Discussion / Re: BTC deposit issue on cryptsy on: March 18, 2014, 06:15:05 PM
This is my cryptsy deposit address:
https://blockchain.info/address/16ULsLNKEjmJr9furJ3mg4XMUGVHdGqDhG

As you can see, I made a 0.581 BTC deposit on the 2014-03-17 21:19:58
But nothing was credited on my account.

And I don't know what is this payment made to 2 BTC addresses just after???


As I said before you need to send the above link to cryptsy and show them what you showed me. Only they can help you.

Cryptsy probably uses a shared wallet so the outgoing transactions are payments to other users. It shouldn't matter for your purposes.
2623  Bitcoin / Bitcoin Discussion / Re: Is it BitCoin or Bitcoin? on: March 18, 2014, 04:44:40 PM
In all fairness it should be Gigabytecoin given current prices.
2624  Economy / Service Discussion / Re: BTC deposit issue on cryptsy on: March 18, 2014, 10:45:54 AM
You have the transaction id on the blockchain? So send cryptsy support that.
2625  Bitcoin / Bitcoin Technical Support / Re: Possible to use brute force to re-gain access to a wallet? All but 1 char known on: March 18, 2014, 10:43:36 AM
I was referring to your 3 posts in this thread. Numbers 1, 9, 37
2626  Bitcoin / Bitcoin Technical Support / Re: Possible to use brute force to re-gain access to a wallet? All but 1 char known on: March 18, 2014, 08:19:24 AM
I thought the OP was a spammer. He's been dropping website URLs since his first post. 3 so far now.
2627  Bitcoin / Electrum / Re: Can't open Electrum on: March 17, 2014, 05:35:15 PM
See here:

https://bitcointalk.org/index.php?topic=153718.0
2628  Bitcoin / Electrum / Re: Can't open Electrum on: March 17, 2014, 05:14:51 PM
Hi,

I'm on Windows 7 Ultimate x64
I tried to open Electrum (1.9.7) today and the program isn't opening, I tried disabling my antivirus, running it in safe mode, etc.
Seems that if I rename/delete my current wallet it opens up.
I can't find my seed.
Please help me, thanks.

This keeps happening. Try deleting the blockchain_headers file in your electrum folder.
2629  Bitcoin / Electrum / Re: There was a problem sending your transaction: error: {u'message': u'TX rejected on: March 17, 2014, 02:59:31 PM
The transaction appears to be missing signatures. Did you sign the transaction?
2630  Bitcoin / Bitcoin Discussion / Re: Bitcoin Distribution of Wealth Detailing the BTC Holdings of Wallet Addresses on: March 17, 2014, 12:12:19 PM
franky1, it would appear if what you say is right (more mid to upper range accounts belong to people holding multiple accounts to cut up large accounts) that would actually make it worse.

Those numbers don't look good at first sight or cut up the way you mention either.

Yeah exactly. We don't know how many addresses people have. But we do know that, excluding multi-sig addresses, an address belongs to one person or one organization.  So looking at this table it seems 100k addresses hold 96% of all bitcoins. If we assume, conservatively, that a person has 10 addresses that means just 10,000 entities own 96% of all bitcoins. I bet the real number is even lower than that. Maybe just a few hundred.
2631  Bitcoin / Electrum / Re: Electrum 1.9.8 released on: March 16, 2014, 04:02:02 PM
Note: according to gmaxwell, the implementtion of these encrypt/decrypt is not secure.
I will try to fix them asap.

Thank you gmaxwell!
2632  Bitcoin / Electrum / Re: Electrum fees - confused on: March 16, 2014, 10:56:47 AM
Thank you Abdussamad!

So, if anyone ever sent me anything to one of these "used" addresses, I'd still receive it?
yes
2633  Bitcoin / Electrum / Re: There was a problem sending your transaction: error: {u'message': u'TX rejected on: March 16, 2014, 10:56:10 AM
Newly mined coins have to age 120 confirmations before you can use them.

The address that my coins are on has 617 confirmations.

Transactions have confirmations not addresses.
2634  Bitcoin / Electrum / Re: There was a problem sending your transaction: error: {u'message': u'TX rejected on: March 15, 2014, 09:36:30 PM
I think your tx size is too big (due to several small inputs and outputs) and needs more fees.

or do you have newly mined coins?

Ps:
https://github.com/spesmilo/electrum/issues/548
Quote
code -22 is the default answer from bitcoind if it doesn't accept the tx. tx size could be too large for the fee or inputs could already be spent and so forth. The only easy way to debug is to get a server operator to look at the debug file of bitcoind when you send your tx.

They are from pool mining but they've gone through a few internal transactions after that. What exactly are newly mined coins?

I tried upping the tx fee to 0.0004 and it still doesn't like it. How high do you think I should go?

Newly mined coins have to age 120 confirmations before you can use them.

2635  Bitcoin / Development & Technical Discussion / Re: *HELP* Can BTC be sent to an invalid address? on: March 15, 2014, 09:27:23 PM
I withdrew BTC from an online exchange however (carelessly) had input an invalid receiving address (it was a Blackcoin wallet address).
From my previous experience, a pop-up "invalid address" would usually appear and the transaction can't proceed.

Unfortunately, this online exchange processed it and the current status says "COMPLETE:ERROR".

I have filed a ticket but am really anxious about the situation.

Is it possible that BTC can be sent to an invalid address? Will they be "lost"?
I've tried to send a small amount from my blockchain.info wallet to the invalid address but it wasn't possible.

I would appreciate your insights, thanks.

blackcoin addresses start with a b. bitcoin addresses start with 1 or 3 in the case of multisig addresses. The address you entered was an invalid one for bitcoin and you got an error message. If I were to take a stab in the dark I would say the coins were never sent.
2636  Bitcoin / Bitcoin Discussion / Re: [ANN] Local Bitcoin Foundation - Bringing the power of the Blockchain... on: March 15, 2014, 09:21:50 PM
Are you actually comparing this proposed organization with bitcoin itself?

No. I'm trying to explain you that having one failed attempt (the dollar as a currency / the Bitcoin Foundation as a Bitcoin foundation) should not hold you back from doing it better in a second attempt (Bitcoin as a currency / this thing as a Bitcoin foundation).

If you give up after the first failed attempt, you'll never create something better.

Ah but that's my point. This isn't any better. We don't need any sort of umbrella organization because such a centralized organization becomes a target for governments.

People are building bitcoin orgs locally within their own parts of the world. It is happening organically. This is better than having it imposed on them from outside.
2637  Bitcoin / Bitcoin Discussion / Re: [ANN] Local Bitcoin Foundation - Bringing the power of the Blockchain... on: March 15, 2014, 08:47:43 PM
We already have one dysfunctional bitcoin foundation. We don't need more, thank you very much.

We already have one dysfunctional currency (the dollar). We don't need more (Bitcoin), thank you very much. Roll Eyes

Are you actually comparing this proposed organization with bitcoin itself?
2638  Bitcoin / Project Development / Re: Proposal to imprint bitcoin unto paper currency on: March 15, 2014, 08:40:15 PM
You know if money is involved all these different orgs WILL cooperate. FYI you don't have to physically meet at one location to sign a multi-sig address. You can do it remotely at a time of your choosing. So all they have to do is hire someone to collect all these bills and then craft a set of transactions that are relayed to each org for signing before being broadcast. The transactions can even be made to split up the amounts equally between all these orgs.
2639  Other / Beginners & Help / Re: Cant bitcoin become broken when the blockchain gets too big? on: March 15, 2014, 08:17:42 PM
If you wanted to break bitcoin couldn't you just setup a powerful computer to just transact millions of BTC micro transactions back and forth to make the blockchain super huge.

Somebody said its already upto 15GB

What is someone sabotaged it like this and the blockchain became several terabytes of a few petabtyes.

Would that bring all wallets to a grinding halt?

It costs money to send transactions so they would have to spend a lot of money to do this. Also confirmations are slow so its going to take a while. Maybe somebody will try it someday. Should be fun to watch a) the predictable flash crash b) equally predictable recovery b) attempt at destroying bitcoin fail.
2640  Bitcoin / Bitcoin Discussion / Re: [ANN] Local Bitcoin Foundation - Bringing the power of the Blockchain... on: March 15, 2014, 08:12:34 PM
It sounds like the OP wants to create the Church of bitcoin. Who's going to be pope?

We already have one dysfunctional bitcoin foundation. We don't need more, thank you very much.
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