I did. Sold prepaid cellphone cards. 0 confirm for repeat customers. Not a single attempted double spend. Nearly $1.3M in sales over six months.
Did the customers have to register their identity on the simmpaks on their cellphone in the jurisdiction you sold into? Those jurisdictions that don't is one of the last bastions of true anonymity. Won't be around much longer as the USA is effectively bullying every nation into compliance with the NWO plans. No and it was US cellphone plans. I have no idea what you are talking about, but then again I usually don't. In a few countries, one can still access the internet and such anonymously using an unregistered simmpack and prepaid cards. I guess the US is one of those countries as I never registered or provided any personal information for my prepaid smartphone. It is T-Mobile hardly "hacker elite pro" brand. |
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I did. Sold prepaid cellphone cards. 0 confirm for repeat customers. Not a single attempted double spend. Nearly $1.3M in sales over six months.
Did the customers have to register their identity on the simmpaks on their cellphone in the jurisdiction you sold into? Those jurisdictions that don't is one of the last bastions of true anonymity. Won't be around much longer as the USA is effectively bullying every nation into compliance with the NWO plans. No and it was US cellphone plans. I have no idea what you are talking about, but then again I usually don't. |
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Just like TCP/IP was killed off by ....
Just like eBay was killed off by ...
Just like x86 was killed off by ...
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I'm pretty sure I wasn't scammed because I didn't do business with anyone...but for some reason the "watch only" explanation rings a bell because I think I saw it somewhere when I was rummaging around trying to figure this all out.
I definitely don't have a key for the account it asks for when I try to send funds..I have the account id, pass word and paper backup.
Is it possible for me to email a senior member my account details and have you look at the account for me?
At this point I'd be happy to pay a 10% bounty to a senior member who can recover the funds for me.
Be careful who you send it to, "senior" doesn't mean a whole lot. Still if it is a watch only wallet and you don't have the private key then you have nothing. You have something which can only watch the value and never spend it. |
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So i knew something...
Zefir is talking about the boards from burnin, mine are the c-scape/bitfury/bfsb. Burnin clocks the chips higher. Exactly. The burnin boards are 50 GH/s the "standard" H-boards are ~33 GH/s. Higher clock, higher voltage, higher power consumption. |
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The copy on the 2nd computer is now encrypted with the NEW password.
The copy of the USB drive is still encrypted with the OLD password.
Each copy can only be unlocked by the singular, correct password for that copy. Changing one copy doesn't change any other copies.
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If a tx took minutes to show up the the person sending it didn't send it for a few minutes. Propogation times is measured in seconds. Bitcoin simply could not work with propogation times in minutes. If tx takes minutes to relay then blocks would take hours and how can a chain be built if blocks are arriving hours after they were sent. Just because you are clueless doesn't mean Bitcoin is broken.
As for 1 confirm takes 4 hours well that is just stupid. Did you include a tx fee? Average time between blocks is still ~9 minutes.
As for "nobody" accepts 0 confirm tx. I did. Sold prepaid cellphone cards. 0 confirm for repeat customers. Not a single attempted double spend. Nearly $1.3M in sales over six months. So your wrong on "nobody". A lot depends on the risk profile of what is being sold.
So you don't understand Bitcoin, make factual errors and thus believe you have found something (closed source, non-working website) superior. Have fun with that.
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It is consumers who decide what payment mechanism succeeds and Bitcoin is inferior for POS transactions to credit cards, since credit cards offer protection for free, whereas Bitcoin doesn't. Only a fool would pay with Bitcoins for any goods if they could pay with cards.
That is why Bitcoin will never take off for buying goods other than where it has advantages such as in very small payments or cross-border where the parties do not have access to usual methods.
Really? If your gas station (the one you have gone to 500 times in your life and never had a problem) offered you a 3% discount everyday for paying with Bitcoin you would be a "fool" to take it? What if Amazon.com, Papajohns, or some store you routinely use and trust did? |
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It is the protocol, for a transaction to be confirmed against double spends Bitcoin requires 6 confirmations, for you to be safe. An untrue statement. Please reread Satoshi whitepaper and while your at it Meni paper of the economics of double spending. For most transactions 1 or 2 confirmations is more than sufficient. Nobody is going to risk $100K in block rewards to double spend a $500 purchase. Secondly, even with 0 confirmations sometimes they take over a minute to show up. Another false statement. Propogation time on the network is measured in seconds. |
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Please provide the wallet, version, and the EXACT error message. Not paraphrased, not what you think it is saying, not what you remember it being, the exact message.
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Miners are paid by both transaction fees AND the block subsidy. The block subsidy slowly declines, it is cut in half roughly every 4 years, but won't reach zero for over another hundred years. As the block subsidy declines tx fees will become more and more important.
Mining will never end even when the block subsidy is zero. Without mining there will be no new blocks and as a result no tx will be confirmed. Mining will continue forever. If you are still around in a hundred and thirty years you will be mining for tx fees only.
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Not the businesses that use Bitcoins for transactions. Just the exchanges, brokers, and dealers. The ones that handle other people's money. Over half the Bitcoin exchanges have failed, taking customer funds with them. And every single miner who exchanges mined Bitcoins for fiat currency. The guidance doesn't even provide a carve out if the miners uses a registered exchange. This hearing probably is a lose for the shadier exchanges. With all the major US regulators indicating that they have no fundamental problem with Bitcoin, attention will be focused on the bad actors. Like Mt. Gox not paying out customer funds.
The status quo is a lose for 100% of Bitcoin exchanges, not the "shadiest".... 100% as in every Bitcoin exchange in operation and every one that every existed. There isn't a single Bitcoin exchange, broker, or deal with a MT license in all fifty states. The closest anyone came was Bitstamp and when they got all their licenses (at tremendous expense), every bank shut off their bank accounts and refused to do business with them. |
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i do not then want to have to have balances split over hundreds of addresses which would add KBytes of data to the transaction, meaning higher fee's for pool owners to take .. hmmm i might have hit a spot here where a pool owner would love this as a selfish reason to make them more money at the expense of user convenience. Please learn how Bitcoin works. The number of addresses used as inputs in a tx is irrelevant to the tx size. Each INPUT (same address or different) uses ~150 bytes. 10 inputs from the same address = ~1.5KB. 10 inputs from 10 addresses = ~1.5KB. i do not want ... Ok you don't want it. Then mine blocks and don't apply the patch. Problem solved. You didn't ever think you were able to force miners to include your tx in a block did you? The patch doesn't give miners some brand new novel power/authority. i want to wait just 10 minutes because millions of people are able to do with their own funds the way they want.
And miners are free to prioritize transactions how they see fit. Isn't freedom great. |
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btcchina is in pause at 6158??
For the last 18 minutes ago, it's strange they are waiting for dumps. No the feed (or exchange itself) is broken. There hasn't been a trade reported in 21 minutes. |
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Gotta love Bitcoin.
It drops over $300 within minutes in a flash dump and all it will probably amount to is a long bottom wick on a green candle.
Slowed down the assault on $1000 though.
Right, market would probably easily absorb another 5k Sell!? Another 5k sell takes us down just below 600. A 5k buy takes us up to almost a grand. Holy crap, its so thin. Money (both coins and dollars) is being pulled out to sit on the sideline. It is going to take the market either crashing down hard or "crashing" up hard for that bid/ask depth to come back. |
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Updated wiki: Sending - A transaction may be safely sent without fees if these conditions are met:
- It is smaller than 10,000 bytes.
- All outputs are 0.01 BTC or larger.
- Its priority is large enough (see the Technical Info section below)
Otherwise, the reference implementation will round up the transaction size to the next thousand bytes and add a fee of 0.1 mBTC (0.0001 BTC) per thousand bytes[1]. As an example, a fee of 0.1 mBTC (0.0001 BTC) would be added to a 746 byte transaction, and a fee of 0.2 mBTC (0.0002 BTC) would be added to a 1001 byte transaction. Users may increase the default 0.0001 BTC/kB fee setting, but cannot control transaction fees for each transaction. Bitcoin-Qt does prompt the user to accept the fee before the transaction is sent (they may cancel the transaction if they are not willing to pay the fee). Note that a typical transaction is 500 bytes, so the typical transaction fee for low-priority transactions is 0.1 mBTC (0.0001 BTC), regardless of the number of bitcoins sent. Hopefully that avoids any future confusion. |
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It is round up. I will update the wiki this evening unless someone does it before me.
1 to 1000 bytes = 1KB for fee purposes.
1001 to 2000 bytes = 2KB for fee purposes.
Before someone correct it yes I know KB is usually 1024 bytes but the source code uses base 10 not base 2. Note sure why but it doesn't and it isn't going to change now.
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Essentially you are asking.
"Someone let me know how I can make money from nothing without any other money or risk?"
Is that your question. If so you already know the answer.
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No. Prices can go down however that doesn't mean we are back to "square one". Square one was genesis block and almost nobody mining, nobody knowing about Bitcoin, no where to buy or sell them.
If Satoshi were to dump 1M BTC on the market overnight that would be stupid. Why do you think Satoshi is stupid? Still even if he did the price would go lower, other people would buy and in the long run Bitcoin would be stronger. 1M BTC now in the hands of thousands of more users.
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based on the responses in the thread $999.99.
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