You should still be able to send most of your .005 BTC now, the minimum TX fee is .0005 BTC, so you can still send .0045 with a .0005 fee.

Mandatory fees are enforced using a simple but yet complex formula. Transactions need to have a priority above 57,600,000 to avoid the enforced fee in the official client. Transaction priority is calculated as a value-weighted sum of input age, divided by transaction size in bytes:

priority = sum(input_value_in_base_units * confirmations)/size_in_bytes

For your very small amount, my time guess was wrong - you can send the BTC for free after:

confirmations > 57,600,000 * 225 / 500000 -- 25920 confirmations, or around 180 days

(for 225 bytes (a one input, one output transaction), 500000 satoshi (.005 BTC), 144 confirmations a day on average)

The enforced fees on newer coins and smaller amounts are to discourage people from spamming Bitcoin with a whole bunch of little transfers.

About:
1 every 12 seconds.
5 every minute
50 every 10 minutes
300 every hour
7200 every day
50400 every week
2629728 every year (averaging for leap years)

Or:
Exactly 7588400 so far, in 1028 days of Bitcoin existence, averaging 7383 per day.

Acquire 2,000,000 Bitcoins and $40,000,000. Put in a buy order at $5.00 and a sell order at $5.01. Now the price can't go up unless someone else ponies up $10,000,000 to buy all your Bitcoins (and those of any other sellers too). The price can't drop because you can buy every bitcoin in existence without the price dropping. Buying up ~1/3 of all Bitcoins in existence without making them worth $100 each would be the hard part.

Just wait a week and you will be able to send the coins for free.

Edit: a Bitcoin fee rule exists making all transactions under .01BTC require a fee.

I wouldn't trust an online service, you want to be the only one who knows the private keys. Also, you want to be able to test that you can successfully receive money first - what happens if the online service made bad private keys and you can't import them into your bitcoin client?

A wallet can contain multiple receive addresses. In Bitcoin, just press the 'new' button next to your address several times to generate some more. This way you can keep track of where different payments come from, keep someone from seeing your total wallet balance, etc.

You can also look at it this way: if it costs you $3.00 in energy to generate a bitcoin, you can always mine them now and sell them later when the price goes higher (unless you are pessimistic it never will). If two months from now, the price goes up to even $5, you be sad you didn't mine two months' worth of bitcoins to sell.

Please refer to this post to have an idea of what it would take to use two different wallets on the same computer.

The wallet file contains your personal encryption keys, along with your addresses, address book, and a "shortcut list" of your transactions, so they don't have to be looked up on the blockchain each time. The wallet.dat contains everything about your bitcoin identity - delete or lose it, and you will no longer be able to send coins you have received, making them effectively lost.

There are other files in the directory, such as your local copy of the blockchain, a list of recently used IP addresses, etc. You don't need to delete these when swapping wallets, but if you have two complete directories for each wallet that you swap back and forth, you know that bitcoin won't miss adding a notification that you received coins to your wallet because you'll have to download new blocks each time.

The Bitcoin transaction blockchain contains a trusted record of where everyone's bitcoins are, and it is what prevents double-spending and counterfeit coins. You don't need to have bitcoin actively running to receive coins, and you can use online services like blockchain explorer to see an address's current balance.

Yes, you have a higher probability if you were struck once, you likely live in an area with thunderstorms, and don't have the sense to seek shelter when they come. Like a shark attack, entirely preventable.

The name of the program is namecoin.exe. It runs as a daemon, but the name doesn't have a d in it. When you run it the first time it generates a wallet and address for you. Then you need to access it through a second command window. Instructions'R'Here

The maximum current per molex pin is 11A, or 130w at 12v. The single 4-pin to PCI-e power adapters are pushing the limits, I've had one smoke and char on the 4-pin end. There is a reason PCI-e has three pins, it is needed for the specified current.

You can install the Symbola font (you don't need to specify it on modern OSs for it's characters to be used). It supports most of Unicode 6 and some proposed signs too. Then something like BabelMap is a character map replacement that will let you see more characters.

The penguin originates in Japanese emoji characters, which are used in Japanese cel phones for cute text messages (and now work on iPhone4S too).

I see:



The last one is Unicode 6, so not many will have it. A picture of a penguin, but no Bitcoin symbol?


Google site:unicode.org bitcoin

It appears that Unicode has given Bitcoin the finger as far as having a designation for a Bitcoin character included.

Now the question is: which private use area character code do we use? The representation of the symbol is really up to font designers, but with a recommended form of upper-case B with top and bottom double-ticks.

I suggest U+EBC0 (and call it "Latin Capital B with Double Stroke" or simply "Bitcoin Currency Sign"), unless anybody can cite any other software or fonts that use this particular private mapping code. A font can be created with just this additional character, and most OSs will search other fonts for the private character and use it when the current font doesn't include it.

〽 = Unicode Bitcoin exchange rate graph...

ᛔᛠᛈ 🐧

People have money in banks. They want Bitcoins instead. They have to get their money out of the bank. Most users still would use online exchanges, which are distant to them. So they use bank transfer methods available on the exchange to transfer the money. Now they can convert their holdings into Bitcoins (which can be quickly transferred to your Bitcoin wallet), and finally be free of the old fashioned banks and nation-state controlled currencies. Hooray!

BTW, I'm pointing out that it is a fault in the article to emphasize 10000x valuation gains as a headline, even if the article later goes on to quote GA that any particular exchange rate is not so important to Bitcoin adoption. It makes it seem like the subtext is that Bitcoin still should be seen as just a crazy speculation bubble scheme.

The amount you are expected to earn is directly proportional to your hashrate (with the difficulty as a mitigating factor).
One could as easily ask what everyone's hashrate is, and it would be less subject to variance or misinterpretation of pool stats.

I'll just dump my formula here again:
Average BTC per Day = (megahashes per second / difficulty) * 1005.82838 * ( efficiency - pool fees  - downtime )

Pool mining efficiency is ( good shares / all shares ).

The point they seem to be discussing is, with the availability of cloud computing rental services, if you want to generate a few blocks in a row on any of these ponzicoins for nefarious purposes, all you have to do is rent the horsepower to do it. However, you can just wait for the creators of any of these faulternate blockchains to let them fizzle after they pump-and-dump, and then you can be the only one mining anyway (that is, if it's not completely broken by poorly informed implementation.)

Not proof, but showing it's not easy to dismiss either, here's an 18k buy three days ago:

Derp, math fail on my part.

BTW, now paying 1000 BTC for one-time use of a time machine, only has to go back two years...

"Following a 1,000,000% Gain" as a headline is still a fault. I suppose if you can document that someone bought 3000 Bitcoins for $.10 early and then someone sold 3000 bitcoins for $100,000 at a peak that could be a fair statement, however, unlike a company IPO, Bitcoin didn't wait for a media marketing hype machine to peak interest before selling it's shares, all you had to do was run the software to get them for free, so in that aspect it had to start near zero valuation.