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. |
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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. |
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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.  Are you actually comparing this proposed organization with bitcoin itself? |
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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.
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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. |
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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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With overstock we saw 133k sales on day one and a huge drop on the following days. So the question to ask is how are the sales numbers on tigerdirect TODAY?
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This means that whenever you want to receive a payment, you need to generate a new address.". I don't understand this, as I'm using one address on this multipool, and I'm receiving payments to that address every day.
If the wiki says that then there is a mistake in how they've phrased that. It is recommended for privacy reasons to not reuse addresses but there is nothing stopping you from doing so. Addresses don't stop working after the first time you use them. So what I'm wondering is, now that the address I transferred the entire balance from has disappeared, what's "happened" to it? And also, what would happen if anyone ever tried to pay me to that address? Would the payment "bounce"? Or just vanish, and neither the payer nor myself would have it?
Sorry for the noobness of these questions...
Thanks.
To discourage address reuse electrum hides old addresses under receive tab >main account > receiving > used. Click on used to see them. |
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When you send a bitcoin from a wallet, is it sent from a specific bitcoin address, no address ?!?
The bitcoin client you use to manage your funds chooses from various unspent outputs in such a way as to minimize dust outputs. Dust outputs are small amounts of bitcoin that cost more to spend than they are worth. The client may also give precedence to older coins because they tend to cost less or even nothing in fees to spend. Some clients give you control over which addresses to spend from. This is called coin control. I think you are an electrum user so you can "freeze", "prioritize" and "send from" addresses. Explore those options. |
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I expect the first version won't be able to import and export extended public and private keys but it would be a great feature to be able to choose which 'sort' you want to export and import. It will be a bit difficult to explain it to people in a simple fashion though so we might have to put in an 'Advanced' mode or something.
So i will waiting for this future day when I can export pure private and public keys for all my addresses  Then you'll be waiting a long time 'cause with deterministic wallets exporting private keys for individual addresses is dangerous. See this article from vbuterin: http://bitcoinmagazine.com/8396/deterministic-wallets-advantages-flaw/ |
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Guys, I hope you can help me. Im working on a project and im using https://blockchain.info/api/blockchain_wallet_api. I know that the logic is that you create an address for every customer wherein they can send there payment. My question is how i can identify if the user paid on the created address? I know the API has a callback but how can identify on what invoice reference it is. Can the blockchain API can send a custom variable for callback? I can see in there documentation Http Callbacks {Custom Parameters} but when you can pass it? Thanks in advance, Mike You can store the address in your database and associate it with an order that way. |
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I am looking at the right partition unfortunately 100%. When I plug in the hdd from the crashed wi8 pc is shows up as "e:/". All other files are present, I now found a multibit shortcut in menu start and it leads to program files x86. Havent looked at the results of the deep scan, done with work in 3 hours. Really a nightmare guys I really hope any of you guys will have the answer. Bounty is 0,5btc
You should stop using your win 8 hard drive. Shut down your computer and physically disconnect the SATA and power cables. Then contact a professional data recovery company and get them to look at it. This is much better than offering a bounty to strangers on the Internet. |
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very cool. Thank you Abdussamad.
This is a great feeling, knowing my coins are secure in cold storage now.
Are you part of Electrum dev team?
No, I'm not. |
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would loading my computer in safe mode make any difference at all?  No difference in the chance of finding the wallet, safe mode might even be slower New updates: some other programs are ''missing'' aswell. FireFox is gone aswell. Was in the DIR\Program Files (x86) of my crashed PC. Just noticing this, what could have happened? The entire file folder in Program Files of FireFox is gone aswell (yes I checked x86 and normal Program Files, its really gone) EDIT: Skype & Chrome aswell. Did it erase parts of my HD? Are you sure you have the correct partition? It sounds like you are looking at a different partition than the one that holds your windows 8 installation. You may be looking at a partition from your win 7 drive. |
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Is there any slight possibly that a wallet would FAIL to regenerate from a correctly stored/typed seed?
If not, is there any reason to keep the wallet file on the offline computer at all? (It seems safest
to delete electrum entirely if the coins are going into deep cold storage, and just have a watch-only
wallet from online computer along with the seed memorized/stored safely.
Not to be rude to the great dev team here, but this happened to me TODAY. It turned out to be a bug in 1.9.6, when I loaded the unsigned transaction on my offline Tails Electrum - it couldn't find the address and failed silently.  Fixed by an update - but it was a little scary! In older versions you had to nudge electrum to generate addresses beyond the gap limit. I can understand how it might be scary, though. |
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Is there any slight possibly that a wallet would FAIL to regenerate from a correctly stored/typed seed?
If not, is there any reason to keep the wallet file on the offline computer at all? (It seems safest
to delete electrum entirely if the coins are going into deep cold storage, and just have a watch-only
wallet from online computer along with the seed memorized/stored safely.
Yes you can do that. Write down the seed on a piece of paper. Delete the wallet. Practice restoring it. Once you are confident you have it down pat you can delete the wallet permanently. |
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So I tried TrustedCoin out and I don't see their SMS authentication as being reliable. They've said that they support all countries that their gateway Twilio does but that doesn't seem to be the case. Pakistan is not supported by TrustedCoin even though Twilio supports it. I've contacted them and they don't seem to know what to do about it. Their responses have been less than confidence inspiring. |
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That's probably a bug in blockchain.info's site. No miner is keeping 2 year old transactions in memory. I now have a transaction that didnt go through since 2 days now. Not very funny because the guy that got it wanted to forward it already. I normally dont use a fee as long as i dont need to so that transaction had no fee too. When i tested using fees i never had an advantage so i dropped using them. Thats what i hear from others too by the way. Even though its said that it will speed up things. I cant confirm that. But now i wonder if a minimum fee would have made a difference.
Fees are required for some transactions. When people try to save money by omitting fees they end up with unconfirmed transactions. You should leave fee calculation to Electrum and not adjust it manually. |
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Good question! I used to work with Multibit but recently I have read a lot good comments about Electrum. So I am going to try to work with it. Will post later my experience
As an electrum user I can say I like multibit too. Electrum can be a little too simple sometimes. Multibit has support for multiple wallets in one window, charts and live ticker that I really like. When multibit hd is released it'll have deterministic wallets too. I think it's good that we have all these different wallets. Other open source forums are usually about one project. But this forum is home to multiple different bitcoin clients and the competition and cooperation between them is good to see. |
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