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With the increase in bitcoin price, I think we should seriously consider using mBTC?
For example, if I am buying a $5 coffee, it will cost 0.0033 BTC now... Too many zeros behind the dot! Isn't it better if we use 3.3mBTC for a coffee? At least this is easier for someone with poor math like me...
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If Hard Fork really happen, and if one wants to take advantage of selling one of these (BTU or BTC) and focus on the other, how can that be done? Can this be done by bitcoin-qt and bitcoin-unlimited-qt for each "coin"?
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The coming reward halving is a historical moment, so I am thinking of sending some bitcoin to a charity organization and have the transaction recorded in the very first block after or very last block before the reward halving happens...
What is the recommended fee for my transaction, so as to increase the priority and have a higher chance of achieving that?
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It was $770+ a few hours ago and now we are heading down to $720 (and dropping). Any possible cause of this sudden drop? Any news?
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A very simple question:
During stress test, it will take quite a while before a transaction gets the first confirmation, which will depend on the priority (fee, age of unspent input etc).
However, after getting the first confirmation, can I assume that the tx will receive the 2nd, 3rd and subsequent confirmations in every 10 minutes??
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Apologies for my ignorance.
I have generated a multisig-address (3R1oj9xhSexb8nW6Q7T3hpP7h8Rzuxoq4Q) and I was given the redeemscript.
Before I transfer any coins to the address, just want to check if I can move the coins if I accidentally lost the redeem script?
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