Hi guys
I just read somewhere that anonymous bitcoin transactions can be made using TAILS + TOR however I really don't know anything about how this works, I would appreciate if someone could explain this to me. Thanks in advance.
It is possible but a HTTPS vulnerability can be found and it would be easy to MITM when you are using Tor. Try using a VPN instead and you would be as secure if they delete logs. |
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Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...
odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...
I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...
True. But still, if it is proved to be Satoshi's address and he himself drops the price down being the inventor, then I think there might be some panic and some newer lows might be seen through people thinking that Satoshi is out of the game and is no more interested in his own coin. It makes no sense. Satoshi spent a considerable amount of time developing Bitcoin and would probably not destroy Bitcoins especially after it became much more popular. |
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Password protect your wallet. Or save your coins on some trusted exchanger site.
Also, do not disable your antivirus, just update it and be safer.
I said this about antivirus as many users doing it "because it slows down their CPU" or whatever reason is.
Just don't. Stay protected. I know that sometime virus or trojan is undetected by antivirus, but it's more chances to not get infected by keeping antivirus up and running updates every day. Also, Malwarebytes is a good protection, can work with antivirus without conflict.
The saving coins method is flawed. Everyone said inputs.io was legit and looked what happen  . True it's a wallet service but exchanges are all the same. If you password protect the wallet, the password can still be captured if you have a virus. Most Bitcoin users use Ubuntu which do not have much vulnerability. |
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The atm gave me an address but at the end of the address it had "?amount=2.14". I stupidly deleted this from the end of the key that was given to me and sent the bitcoin.
I don't think you did anything wrong as long as you sent the correct amount. The "?amount=2.14" is just supposed to tell your wallet how much to send. The real question is why you can't redeem, since the transaction went through. Basically I went to a Bitcoin atm and tried to withdraw bitcoins from my wallet.
I'm not familiar with ATMs. What do you mean by "withdraw bitcoins from your wallet"? There are a lot of transaction associated with the address. This could be a shared address. The machine may have very well be programmed to only have the exact amount of Bitcoins to be credited to the receipt. If the amount is incorrect, it will just ignore it. I think he meant trying to exchange Bitcoins for cash. |
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So if mining is no longer profitable, and if the success of bitcoin relies on miners (or so I've read) then what is the incentive for people to continue to expend their own money/time/effort to mine? Or am I further off base than usual? And thank you for the answers - even the stupid ones resya  Some people have access to free or low electricity and are in places which are relatively cool. The difficulty depends on the amount of network hashrate indirectly and time between blocks directly. Also it's hard to manage a warehouse of hardware without having a technician to diagnose stuff if hardware goes down. Also, if you have a block erupter, you can try to solomine in hope to find a block. It may be impossible but miracles happens all the time. The electricity use would also be quite small. |
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Pretty risky, basically gambling with your money.
you mean investing? if someone would invest bitcoin in mining hardware no one could scam them I meant investing with bitcoins directly.With mining if you factor the increase of difficulty over time and also the time between order and delivery of the miner you see how you are basically scamming yourself of the prospective profit you might have. Would also not recommend. Agree. Just to add on, lots of companies offer perorder option which basically lets you buy a product that will never or will take a long time to arrive. Lots of people has lost money because of Butterflylabs. |
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In the console, can you type 'getpeerinfo'? Post the results here. What OS and OS version are you using?
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Hello everyone,
Recently I completely formatted my HDD because I was having some software issues. I thought it would suffice to just write down my bitcoin address and password somewhere, in order to log on to my wallet later on. However, I just installed MultiBit on my PC again, and I can't seem to find how I can access my old wallet with the bitcoin address+password. So my question is, is it even possible to re-gain access to my wallet this way, or should I have copied some other files for it? If it is not possible, is there still some way to retrieve the money from my wallet with just my address and password?
Thanks in advance!
Stijn
I think you can't open your old wallet without wallet.dat You should back up your wallet before you use to fill some coins Some wallet requires frequent backup. If you don't backup regularly, coins can be lost due to the change address(depending on your client) |
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Can anyone tell me what price does a Bitcoin ATM provides ?
Is it based on any market exchange price or just like LBC ?
Based on the backend, it can be configured to automatically get the rates from a specific exchange or average price of the exchanges. It Can also be configured to autobuy from exchanges and transferred to the wallet. |
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1 confirmation should more than suffice for small amounts
Why do exchange go for 3-4 confirmation even on small amt? Exchanges probably wouldn't bother making a script that checks for amount and see how much confirmations does it need. It is much more convient to use a flat amount of confirmations. |
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So I'm pretty new to Bitcoin. It has kind of suprised me that Starbucks doesn't accept Bitcoin. Why is this not a thing? Surely if Starbucks set the trend of accepting Bitcoin other physical retailers would follow.
To be fair i hope that it never does nothing good can come from buying coffee with bitcoin maybe that could be litecoins job but definitely not the job of bitcoin, for starters transactions are far to slow with BTC and then you have starbucks who will not hold the coins and dump every week/day,. One confirmation is pretty much just for more assurance. With enough preventions, it could be migrated easily but not fully. It's hard to double spend a transaction if its propagated accross the network well enough. Bitpay accepts no confirmation transaction. I doubt buying a Starbucks coffee could take less than 5minutes. |
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Why starsbuck not accept bitcoin ? Because bitcoin vulnerable to hacking and still not too many people know about bitcoin .  This is just my opinion.  In what way would Bitcoin be vulnerable to attacks? There is none if security are taken seriously. With the integration of a POS lIKE bitpay, it would be pretty safe. |
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I would suggest linking your bank account, else you will be paying a hefty fees 2 times, first to deposit on accounts of those services , then a fees on the transactions you might have with those payment processors.
What do you mean with linking your bank account ? That doesn't apply to btc-e. They only accept SEPA and international wire. Exchanges like coinbase requires users to first link a bank account to trade (you need to input your bank info). |
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cloud mining is like a ponzy .... a kinde of scam so take care
If company has no miners and just invest money it is ponzi. But we have pretty reputable companies which actually mine. Just stay away from the shady ones. Is there any reputable company left which is profitable, considering the ever rising difficulty of the network ? No. Due to the recent price crash, Maintainence fees/GH has risen thus your profit would be very low. Most reputable company charges large sum for a small hashrate. |
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NO need for anything fancy at the moment. If you want to invest, just buy some coin and sit on it. You would have upped the value of your investment by like $50 fiat dollars per BTC held doing so:  There are alot of crashes for example the crash from $1000+ to $500 and year or so ago. It is pretty risky to do so. |
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It's been a second since I tried linux for the nth time but I always like how Windows 'just works' (usually). With Linux it's like constantly googling for the next secret handshake to fix whatever issue.
But.. Linux can def have advantages too
Linux distributions like Ubuntu are opensourced which might be more secure than Windows and you can compile it yourself. |
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So I'm pretty new to Bitcoin. It has kind of suprised me that Starbucks doesn't accept Bitcoin. Why is this not a thing? Surely if Starbucks set the trend of accepting Bitcoin other physical retailers would follow.
I have used bitcoins to buy coffee in Berlin, but that was a small independent coffee shop. At the moment the real world chain shops just aren't getting on board with bitcoin at all. I guess they have the infrastructure for card payments already, and the staff are trained, they see no need to rock the boat. I think a medium sized chain, like Cafe Nero in the UK, would be a great testing ground for bitcoin. I fear almost no one would pay using it though, thus making it a failed testing ground! Acutally some stores might exist, in those chains which would accept bitcoins if the owner wants to. Not sure though, if he has to comply with the company laws of not accepting any other mode of payment though. You have to understand if one of the starbucks shop accepts Bitcoin, the others need to accept it too. If it integrates Bitpay, they would need hundreds of mobile tablets. This is impractical since the Bitcoin users are still pretty low compared to credit cards/cash. |
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The creation date of funtotry is not January 2014 but December 2013. Your assumption is wrong.
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Hi all, A bit new to this bitcoin currency, but already in love with it ^^ If my understanding is correct the security of the network is insured by millions of computers all over the world solving complex mathematical equations. Those calculations are rewarded by mining. A computer that help securising the network is rewarded this way. My question is, what will happen after all bitcoins are mined? or when it is no more profitable to keep mining? Who will ensure the security of the network then? Thank you.  block rewards will never end. in other words all bitcoins will never be mined since the reward halves every certain number of blocks. also you forgot about the transaction fees. in the future it might be increased to cover the mining costs. It does end. It will discontinue at around 2140 which is a long time but it will happen. Due to the limited supply released to the market daily, price would be much higher than what it is now and hardware would also be more efficient. |
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they keep mining for the fee, and i presume only the biggest farm will remain, maybe only one big farm at the end
which could lead to 51%, the irony...
There are several big farms around the world which have access to cool air and cheap electricity. The probability of only one entity mining is very low since there are also enthusiast mining to support the network. |
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