yep made account on Blockchain.info and now going to upload wallet.dat
Well, there's no way to just import the wallet.dat. You can use pywallet to dumpwallet then import that into Blockchain.info/wallet. What Blockchain.info/wallet does offer is Desktop Sync, using a browser plugin (Chrome, Safari). What you do is configure your Bitcoin-Qt to run as a server (create a bitcoin.conf with rpcuser=, rpcpassword=, and server=) then the sync tool will bring over everything from your wallet.dat into your Blockchain.info/wallet (and vice-versa). |
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If you have any questions please get in touch.
The details were a little hard to find: Buying:
Fill out your details and click next. You will then be given account details to transfer the GBP to. If you wish to buy bitcoins (UK) through this exchange, the transfer will begin immediately after the funds show in our account.
- http://bit2brit.co.uk/buy-bitcoins-uk <--- Click the "read more" link. So that is a GBP bank transfer. Selling:
How do you deliver?: We use Royal mail special delivery. We buy your Bitcoins & deliver GBP banknotes to the UK only.
We dispatch your order the next business day (Monday through Friday excluding holidays).
- http://bit2brit.co.uk/info/shipping-termsYour post also reads: and also offer an in person meeting for larger transactions. Is this for both buying and selling? And there is no location given. Is this in London? [Edit: Also, do you accept cash-in-the mail for purchase of bitcoins?] |
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In the future, I would suggest the use of Escrow.  Well, that's not always necessary. If a seller does not yet have trust but the buyer does the seller might be willing to proceed with the transaction without an escrow as the buyer is the history shows the buyer is very likely to pay or at least likely to be rational and reasonable should any dispute arise. This might be a problem though: I did say before we even agreed to conduct the transaction that I would pay once the goods have been shipped. The Secure Trading article on the Bitcoin wiki addresses this: Make sure both parties agree to the terms of the trade with signed messages
Get a PGP signed quote, and check the signature.
Send a PGP signed receipt.
This allows either party to go public if the trade has become sour and stops your trading partner from claiming the details of the agreement were somehow different.
- http://en.bitcoin.it/wiki/Secure_Trading#Use_Bitcoin-OTCIn this instance, I'm presuming there was no agreement that was signed. If there had been, the seller probably would not have implied that the buyer wasn't following the agreement, and the buyer would have had proof, signed by the seller, that the agreement most definitely allowed the buyer to withhold payment until the order from Amazon has shipped. |
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Is there a script or library (preferably PHP) or some API perhaps, which allows me to do this automatically?
Also, the Javascript from Brainwallet.org will let you do this: - http://brainwallet.org/#tx |
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One day, when a super-quantum computer cracks the encryption to all of the bitcoin addresses in 5 minutes,
Why would you troll like that? You're not a dumb guy. Why would you write that? |
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All this hoarding does nothing for the bitcoin economy.
Well, not quite true. Let's say an item I need is priced in dollars, and the price is $10. So if I prefer to pay for that purchase in bitcoins, I then buy $10 worth of bitcoins. It doesn't matter what the exchange rate is. If BTC/USD is $10, then I need 1 BTC. If BTC/USD is $2 then I need 5 BTC. Either way, I am exchanging $10 of fiat to get $10 worth of bitcoins. So in that context, you are correct. Hoarding does nothing for the bitcoin economy -- it doesn't hurt nor help. Now if I am a Bitcoin-related entrepreneur I might hold bitcoins. And I might be looking to raise funds for my entrepreneurial ambitions. If there is hoarding of coins and the exchange rate rises quite a bit, my coins have more buying power as the result of others hoarding. Thus hoarding helps the undercapitalized risk-taking entrepreneur who bought or mined bitcoins for speculation earlier. At the same time, an increase in the exchange rate due simply to hoarding increases the risk of a price collapse. If that demand isn't due to those bitcoins being used in commerce for buying and selling, then many hoarders have greater control over the exchange rate. There was a nearly 30% drop in the exchange from the October high to October low. During that time there probably wasn't a 30% decrease in the use of bitcoins for commerce transactions so the bulk of that move was speculative buying and selling (mostly selling). If there wasn't hoarding the price probably would never have reached $13, and thus the drop wouldn't have been as dramatic. This exchange rate volatility, which can be attributed to speculative activity (hoarding) then actually does do something for the Bitcoin economy -- it hurts it, at least from a merchant's perspective. A merchant doesn't want to see the profits from a sale vaporize because the currency rate took a turn south. As a result the merchant will use a payment processor to convert those coins to fiat, which add costs (which makes Bitcoin less favored for commerce) and also lessens the likelihood that the merchant in turn will use those coins for its purchases. The thing is, ... there's no "right" way. Bitcoins function as a store of value, and they will be held for speculative purposes by those willing to take that risk. No matter what payment method is used, a merchant -- especially one starting with no customer base, has a very tall hill to climb. That some investors are holding onto bitcoins should really be of little concern to that merchant. |
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There still are some wildcards though ... GPU miners could start liquidating in larger numbers soon, A few are. There isn't a rush to the exits though, from what I can tell. This loss of hashing capacity could push the date later, maybe to December again. Thirty days left, target currently shows early in the day on the 29th. For it to drop to December there would have to be a pretty big drop. Or a first run for some ASICs could pull us ahead by several days, like to the 25th or earlier. It looks like halving will occur before any BFLs arrive in anyone's hands. Maybe the early shipment to the testers, but even if they ship that last week of November, that's nothing that would cut short the adjustment period much more than a day or two. So, in western hemisphere timezones, this could come as quickly as Tuesday the 27th or in Asian timezones it could still end up occurring late Thursday the 29th (barring any unexpected swings in the hash rate). This is a week after Thanksgiving, so that won't interfere. Who'll be the first to book a table for the first ever halving celebration? |
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Satoshi.org? Wut?
Heh, ya. I had typed Satoshi client, and then remembered the right way to describe it is the Bitcoin.org client. Sorry. |
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If this fails, you're best contacting your ISP, and asking them why you aren't able to connect to people using port 8333.
To verify, try telnet to a fallback node: - http://en.bitcoin.it/wiki/Fallback_Nodese.g, $ telnet 62.75.216.13 8333 If you cannot connect, then the problem isn't with the Bitcoin client but with either your system, your router or your ISP. I had tried to connect to you (using your IP from the debug.log, GetMyExternalIP() ), and I get: trying connection [your IP] lastseen=0.0hrs No valid UPnP IGDs found connect() failed after select(): No route to host trying connection [your IP] lastseen=0.0hrs and that repeats. |
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why can't I display my QR code from the app? Does it vary much from the Android version? With Blockchain for Android, there is a Send Bitcoins arrow (up) and a Request Bitcoins arrow (down). That shows the QR code. 2) is this Blockchain wallet really zero-trust from blockchain.info? what if blockchain.info goes down? As long as you made backups, Multibit can import those backups. With Blockchain.info, you can have an encrypted archive of the wallet sent via e-mail, to your dropbox, to Google Drive, or to any download destination you specify. I have read that I hold all my private keys on this iOS device, and I can somehow jimmy those into my satoshi wallet on my computer? Blockchain.info/wallet has a "Desktop Sync" browser plugin (Chrome, Safari) where you configure your Bitcoin-Qt for RPC and it keeps your Bitcoin-Qt client and your Blockchain.info/wallet in sync whenever it is running. |
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Thank you, and Stephen, what I mean is if I get customers to try bitcoins, do they have to wait the 30 hours it takes to sync to the servers before they can send me a payment.
Running a full node is not for everybody. There are lightweight clients that don't require the blockchain to be downloaded. Simplified payment verification (SPV) clients, such as Multibit and Bitcoin Wallet for Android are examples. Other lightweight clients, including Electrum and Bitcoin Spinner, use a client/server model, where your private keys are still safe locally. Being client/server, these clients do rely on an external party and thus trust is being placed with the server that the information about balances and confirmations is accurate though, so there are reasons to not store or transact significant amounts of coins through these methods. And then there are hosted (shared) EWallets such as Coinbase, Paytunia and Instawallet as well, in addition to the EWallet accounts for most exchange accounts. Again, with these you are extending full trust to an external party -- thus consider this before storing larger amounts of coins with these methods. Here's a review of some options: - http://bitcoinmagazine.net/bitcoin-wallet-options/As far as those needing or wanting the full blockchain, there are methods to speed up the initial startup. If you pull the bootstrap.dat torrent and run v0.7.1 of the Bitcoin.org client, you'll be up to speed much sooner. Going forward, the next version of the Bitcoin.org client, (e.g.,likely v0.8.0), will include ultraprune, which makes a huge difference with regard to the performance of the initial block load time. |
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We need to verify that you are a US citizen or resident, and if you gave more thatn $25 worth, we'll need your name and address.
It will be tough for Bitcoin to rise to the level that credit cards offer for accepting campaign donations. At least when accepting donations with credit card your campaign staff will know not to accept donations where the IP address is from Pakistan, or the name on the credit card is: "Osama Bin Laden": - http://www.wnd.com/2012/10/obama-accepts-osama-bin-laden-donations/ |
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i now saw BTC-e cashes out for 3%
Oh, have they resumed LR transfers? They had suspended that for a while after the week-long LR outage last month:* LibertyReserve.com (commission - 3%), min. amount - 10$ - temporary unavailable
- https://btc-e.com/news/87So you might wish to check with their support before selling your coins.[Update: Yes, they resumed LR withdraws like over a month ago, apparently.] |
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whats the best way to get libertyreserve from bitcoins?
There are fewer and fewer good methods for cashing out LR nowadays. AurumXChange is currently accepting MTGUSD and other payment methods. The fee from MTGUSD is 3.75%. - https://www.aurumxchange.com/rates |
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At least 80 cents of every dollar?! So the fee might be even lower than 20%? Gosh, that does sound like a game changer. Apparently this is what passes for innovation in the legacy monetary system.
Actually this is great. Once it arrives, the server staff can slap a QR code with a Bitcoin address on the side and whenever anyone goes to swipe, remind the tipper that if they send as Bitcoin the server staff receives 100% of the proceeds themselves, no intermediary. |
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My thesis tries to answer to question about how Bitcoin affects the user's life.
There are others that have studied this (or are studying it), including: Research on the Bitcoin community - http://bitcointalk.org/index.php?topic=85967.5 |
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[Edit: Oops, reply for another thread ended up here. Too many tabs open, thx P_Shep. ]
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