Should customers pay for the wrong information mtgox gives?
Three weeks ago Bitcoin were trading at about $12. So you actually might have come out ahead with the three week delay! But if you were charged any fees by your bank because your wire instructions were bad then that's no good. So if that happened you should ask for reimbursement on that (Mt. Gox is reasonable, I would bet they would cover your out-of-pocket costs). I thought Mt. Gox had a bank in Poland for doing SEPA transfers. Are you sending an International bank wire instead?
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Questions and comments welcome.
Will you have insurance protecting against fire, flood and/or physical theft of the equipment?
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I've been trying to fully sync my (standard) client for weeks. My blk0001.dat and blk0002.dat are up to about 3.4GB total, and I'm about 98% synchronized. Is the multiple week timeframe typical or do I have something configured incorrectly?
You can run several days with a slow computer, an encrypted filesystem, and/or an older version of the client -- especially if all three are true. Make sure you are using the latest client, that will have the best performing software. Also, with v0.7.1, you can pull via torrent bootstrap.dat, which will load automatically and get you up to speed much faster. At 98% you are already past where Bootstrap.dat will help so just let the client finish up at this point. Going forward, "ultraprune" which is being finalized for inclusion in v0.8 will speed up this process significantly -- it uses a new database system that does much less disk I/O, and is coded to organize the data in a much more efficient manner. Core Development Status Report #1 - https://bitcoinfoundation.org/blog/?p=16
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So, what do you guys think about this idea?
The law of unintended consequences comes to mind. The more attention given to bad posts and articles, the more of them will occur. Let the crap ferment at the bottom. The ones that are worthy will rise to the top, organically.
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* Quick notification about affiliate rate changes. We send notification emails to all affiliates on an hourly basis when rates change so affiliates can be sure their traffic is always focused on the best options in the catalog. How do I know which content providers offer affiliate commissions and their rate?
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So if there were a method to upload a wallet.dat to you (and the encryption passphrase if encrypted) and your automated service pulls keys from there would be something that would be used.
Probably it is safer to run some script locally than to upload original wallet.dat. I think it shouldn't be hard to modify fixwallet.py and wallet.py scripts from bitcointools (to add an inverse of "--clean" option). Well, if you are handing over all the addresses in the wallet there isn't much additional information in that wallet.dat. Maybe labels, that's about it though AFAIK.
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I always purchased my bitcoins by using Bitinstant to bitcoin address and making a cash deposit at Bank Of America but now that Bitinstant no longer offers this option...is there any other service that has the same thing available?
If you have a Chase location nearby, you can deposit cash there for purchase of coins at BitMe.com - http://www.BitMe.com <-- Fairly new so liquidity isn't that great but a bid for $50 or $100 purchase will probably clear in under a day. BitInstant does still accept cash deposit at 7-11, Walmart, CVS, Moneygram locations, etc. And they say they'll have bank cash deposit methods back "soon". - http://www.BitInstant.comBitFloor had cash deposit methods, ... maybe they will again some day. There might be other methods from this list that work for you: - http://en.bitcoin.it/wiki/Buying_bitcoins
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I have three question all on the fictious bitcoin miner. (maybe someone who can put $1500-$2500 USD into hardware)
What would an average BTC yield be per month, day, or week for a solo gpu miner?
If you weren't aware, in a little over three weeks GPU mining ends: - http://www.BitcoinClock.comWell, GPU mining itself doesn't end, just doing so for profit ends. The block reward subsidy drops to 25 BTC (from 50 BTC): As a result, mining revenue drops in half. So break-even drops from somewhere around the twenty-two cent per kWh range for the average GPU miner down to eleven cents. So unless you get electricity for free or maybe seven cents per kWh or less, then if you are mining today then in three weeks you should power off your GPU and find a new hobby. And if the block reward subsidy drop weren't enough ..., once ASICs start to ship, difficulty will be doing much more than doubling so this would have happened either way, but now ASICs even compound it, where three cent per kWh won't be enough to mine profitably with GPU. Sorry .... GPU mining for bitcoins is very soon about to become a money-losing proposition just as CPU mining is today.
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Blockchain blocks? Is there a problem with my terminology? Probably. I've been looking into this stuff for just a day and a bit. I have not yet grokked how it all works together. The reason I asked that was that there is no data in the bitcoin blockchain relating to the exchange rate. When bitcoins are traded for fiat, they are either done at an exchange, or in-person / face-to-face. But generally, the exchange rate from the largest market (the BTC/USD at Mt. Gox) suffices for a record of price history.
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This is crazy.
Not at all. A wallet cemetery service.
Having bitcoin on many computers and virtual machines, I have many wallets that I've used at one time but don't think I will ever use again. I'ld simply delete these but I never know if, for some reason, someone at a later time would send another transaction to the same address that is now in a dead, deleted wallet.
A service I think might be useful would be to accept my empty wallet as an upload, which would then import the keys from that wallet and associate them to my account. If any funds are ever received to those addresses, I get a certain percent, and the cemetary service gets a cut for their efforts. I would use it even if I only got back just half though I suspect the rate could not be too excessive or competition would emerge (and because I still might have the wallets backed up, the competitor could become even as far as ability to spend any coins that arrive.)
I do know that once the merge capability is in the bitcoin client that this cemetary service will be less necessary, but at the same time, uploading a wallet and entering an email address is going to be the simplest solution -- which often becomes the winning solution.
I'ld love to see someone offer such a service.
and it had earlier been discussed here: - http://bitcoinforums.net/threads/wallet-cemetery.143/So if there were a method to upload a wallet.dat to you (and the encryption passphrase if encrypted) and your automated service pulls keys from there would be something that would be used.
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Any word on this?
If you haven't seen it: As alluded to elsewhere, Wendon Group's petition to the New Zealand High Court to commence formal liquidation was approved on Nov 1. This comes after significant effort and legal expense for which Wendon Group has donated 100% of the cost.
The court appointed the principals of PKF Corporate Recovery & Insolvency to administer the liquidation. It will be their job to return funds to customers to the full extend possible. They will require the cooperation of MtGox and Bitcoinica's managing partners to accomplish this.
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From another thread, thought I'ld cc: post here.
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First, I've been seeing these messages saying, in part, "Cannot open source device ins /www/b/bi/bitcoin.it/www/phase3/includes/CryptRand.php on line 281.
Ya, I've submitted this to the channel that the Wiki's operator (MagicalTux) monitors, but I haven't confirmed that the message was received. I'll try again. This might explain why I'm not getting my confirmation email.
You can force it to try again to send out a confirmation by clicking on your Account Preferences and click Confirm your e-mail address: - https://en.bitcoin.it/wiki/Special:ConfirmEmailThen click on the "Mail a confirmation code" button. It should then deliver the message.
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