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or delivery address.
I am assuming that the seller would have to put your info out there? I would not want that to happen and would never buy from the guy again if that was the case. |
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Also, if I remember correctly the search feature here simply sucks, especially for newer members. What is it 6 minutes between searches?
That's why IMO it is better to use google search. Just add "site:bitcointalk.org" in the end, and you could find the related threads here easily. Thanks! |
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When I said "generated", I assumed it was implied that the information would need to be recorded offline in some fashion (such as printing with a printer, or carefully writing it down on a piece of paper). Saving to a USB thumb drive would be ok as well, as long as the thumb drive was never plugged into a computer that was connected to the internet.
I can see how someone unfamiliar with the importance of private keys might not understand the necessity to record this information, and therefore might not realize what I was implying. As such, I've edited my post to clarify the matter.
This touches on another area I am not totally clear on. What exactly needs to be recorded, printed out/written down? We have private keys, private (sending?) address, and public (receiving?) address. Do I even have the terminology correct? If one was to print or write down the private address only is that sufficient to recover (spend, send) BTC to a new wallet some day? **edit** Earlier I mentioned a a paper wallet I made. Was the hidden number the private key or private (sending?) address? Once again do I even have the terminology correct? Regards, and thank you for your time. |
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My definition of "cold storage" is an address (and private key) that was generated on a computer that was disconnected from the internet, had its hard drive formatted, and a fresh install of a trusted operating system without being connected to the internet. Then the hard drive is formatted again before ever connecting it back to the internet.
The concept is that any computer that has ever been connected to the internet has the potential of being infected with malware without you knowing it. That malware has the potential of influencing the private keys (and addresses) that you generate such that the creator of the malware could gain control of your bitcoins.
By formatting the hard drive, and installing a trusted operating system, you eliminate the potential of the computer running any malware. By formatting the hard drive again, you remove any trace of the software and data that was used on it. Therefore, an attacker that gains access to your computer can't determine what private keys (and addresses) were previously generated on it.
Many people find that this is excessive. They are willing to accept a very small increase in risk in exchange for a significant decrease in complexity. I know of people who will happily generate paper wallets at bitaddress.org (while online!), print them out, call that "cold storage". If you are storing small amounts of bitcoins that you aren't going to feel devastated about losing, then this is probaby fine, but I wouldn't call it "cold storage".
Question. If you reformat the HDD a second time, as above, where do you have, store your wallet, wallet files, to access them again? You didn't mention a paper wallet, thumb drive, nothing? |
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Ok so now i have a Q!!
Rgds
Ratters
Good question, I also use Multibit on Win 7. While we wait for an answer I tell you what I did, and it seemed to work. I wanted a paper wallet to load up, add to and give to my nephew. I didn't use Multibit. I went to bitaddress org and downloaded the offline version. Made a paperwallet, loaded it up and sent to off to my nephew as planned. He created an account on blockchain info and sweep the entire amount in. At that point he installed multibit and sent the entire amount to himself. It seemed to work, but please make sure somebody else with more experience is OK with all this before you try it. We'll see.... Regards, |
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Why don't you just mark as read, move along and stay out of the way? Look at the discussion he would have missed by following your request. If everybody did as YOU want there would be little to no discussions here anymore. Edit: Also, if I remember correctly the search feature here simply sucks, especially for newer members. What is it 6 minutes between searches? |
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So if you don't mind me asking, what does buying a bitcoin do? Do I just resell it back?
I would say you do the exact same thing with it as if you earned it on a faucet. |
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I'm sorry you mistaked my post for me asking someone to give me a btc because I didn't. Just asked for actual methods besides a faucet.
No, I am sorry. I did not mean to make it sound as if you were asking, begging for money. I was trying to make a point that you need to look at it in the same way as to how you could come up the equivalent amount of money. Sorry if I did not make that clear. Regards, |
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OP, Currently a BTC is worth about $650US. You are asking how to get 1 BTC.
Think of it this way, that is the same as asking how to get about $650USD.
Nobody is going to give you about $650US for doing next to nothing.
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If you want to match the first five letters, you'll find a match on average 1 out of every 38 billion addresses that you generate.
As you can see, it quickly gets very difficult (and time consuming) to find an address that matches many letters.
Generally, I understand the numbers, I trust the numbers. But, isn't this a waste of generating numbers? By that I mean what if everybody who gets involved in BTC started trying to generate a vanity address of more and more first X letters, won't that speed up the possible duplication of numbers in some future life time? Or would it not really matter because all but one of those numbers, the desired vanity address, ever be used? Trust the Numbers..... |
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The wallet I use, Electrum, looks like it defaults the fee to 0.0002BTC which looks like less than $0.15USD. When BTC was less than it is now it was closer to $0.07USD. Not sure where you are getting $0.50USD from.
You'll have to do the math for your local currency value for that 0.0002BTC.
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I've seen/heard one individual mention it on a job specific type chat group. He said he didn't understand it, and that it made no sense. Nobody else was the least bit interested in it. This was in a group of about 100 people who are into computers and all things tech.
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Who thinks it will take more than 12 months to reach the next level? $4619
<raising Hand> Much more if ever. |
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It's kind of weird that we're stuck with millionaire, today 1 Million dollars isn't really all that much.
To me it would be a lot but I'm smart with my finances and I don't buy useless fluff. (Not all the time at least).
1 Million dollars is like 67 years of minimum wage (which is a shitty definition of a rich person)
Or maybe 20 years of a fairer minimum wage (still not the definition of rich).
What is weird is some things people post on the internet. Here try comprehending this, a definition: "A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency." It has nothing to do with earning a million dollars. You can earn much more than minimum wage and never be a millionaire. |
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It is 2FA, and coinbase also send notification email when you receive Bitcoin or send Bitcoin to others
I didn't know that they also notify when sending/receiving, Thanks! |
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Register in www.coinbase.com, they support email and message. you will get code in mobile message, after login and you need to put that code to access your account. I may be mistaken but that sounds like 2 factor to access your account. Something different than OP post. |
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Pretty shady if you ask me since they wouldn't give me any reason
So, you really have no idea why they closed your accounts. Maybe you should fix the subject line. |
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Yes. This is more about market share for bit coin than an apple vs android thing.
Yes, exactly. That is how it should be. |
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That was a very constructive and convincing argument. Thank you for sharing.
You are very welcome! I see plenty of Apple haters in here not supporting their position, while I also see Apple users trying to make a case that Apple products work fine for their needs. A big difference between the two is Apple users don't seem to care if others use non-apple products or not. |
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looks like the Apple haters have hijacked your thread.
Haters will hate.
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