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I sent a transaction with way too low a fee (like 8 sat/byte). Can I safely resend a new transaction from Armory with a higher fee? If so do I have to clear the unconfirmed one from my wallet? Thank you.
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I've been having some trouble with bitcoind and Armory and my online wallet isn't loading (I may submit another post later on addressing this issue). In the event that I can't find a solution what is the safest/easiest way to move my coins from my offline cold storage wallet? Thanks in advance.
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Lat night, after running smoothly for about 7 months I got the message that Armory can't find my Bitcon installation. I'm running Linux Mint and a slightly older version of Armory (I think 0.91 but not in front of my computer right now). I'm not 100% sure but last night I think I also got a notification in my Mint OS about disk space in my home folder being low but when I checked it looked like I had plenty of free space (>500 GB). I think that's what the notification was but again not certain.
Has anyone else had this happen and have a solution? What could have caused this?
Help appreciated.
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I'm revisiting some security practices and would like to know what others are doing...
What are the pros and cons of keeping coins in one vs. multiple Armory wallets? My understanding is that it is a tradeoff between convenience of having all of one's coins in one wallet vs. having the added safety of having coins dispersed among multiple wallets. The problem with multiple wallets is that you then have additional management complexity. Are multiple wallets really needed if I print out a paper wallet and keep it in a safety deposit box or store encrypted copies of my wallet in the cloud?
What are your thoughts?
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I received the following error message when trying to open bitcoin-qt from the CLI with the -datadir argument. I have moved the blockchain to a USB drive.
"A fatal error occurred. Bitcoin can no longer continue safely and will quit.
EXCEPTION: N5boost12interprocess22interprocess_exceptionE Read-only file system bitcoin in Runaway exception"
Anyone have any suggestion as to how to fix this?
Thanks.
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I am wondering if the following setup is possible: Have the blockchain/Bitcoin-qt on my Windows work computer hard drive with an Armory watching wallet on a USB stick. (I have been able to download the Bitcoin-qt client on my work computer but I don't have privileges to install Armory hence my problem)
1.Does the USB need to have an OS on it? If so, would a Linux OS work? 2.Is there anything I need to change to have the watching wallet know where to find the blockchain on the hard drive? 3.If so where is the change made?
I am not really tech savvy as you can tell from my questions. Thanks for your help.
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I moved my "blocks" and "chainstate" folders to a 64GB card. How do I tell BitcoinQt that the files are there and not to redownload the entire blockchain? I'm using Linux. Thanks.
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Over the past several years of paying my "fair share" of taxes and studying Libertarianism, Voluntarism, and Austrian economics I have come to the conclusion that taxes are essentially collective theft and inefficient.
Unlike my liberty minded colleagues, statists cannot envision a functional world without their brilliant and insightful guidance and Bitcoin represents huge threat to their central planning philosophy. The current POTUS rails against "promoting selfishness as a virtue" and over the past 4 years has made good on his initial campaign promise to "spread the wealth around". There is no doubt that there is great income inequality across the globe but I would argue that this has more to do with government policies and their central bank enablers than anything else.
I believe that roads, schools, healthcare and everything else can be provided more efficiently by the free market. I suspect that many Bitcoiners and Satoshi himself hold similar beliefs.
I would like to see our community develop tools whereby individuals could voluntarily fund projects that have been traditionally thought of as being under the purview of the state. I would hope that this could prove once and for all that individual freedom is sacrosanct and that Bitcoin could be seen as a force for the common good and embraced as opposed to a threat.
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Positive comments on CNBC from a venture capitalist and entrepreneur (Geoff Lewis and Dave Morin) who work in Silicon Valley. "Older" guys and gal still puzzled and don't seem to be able to grasp the significance of BTC. http://tinyurl.com/bge7exhedit: switched to tiny url
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OK. I hope I uploaded this to Mega correctly. Here is Peter Schiff himself responding to 2 different callers on his show back in January. The 2 questions asked at 25:57 and 49:50. Schiff show 1-11-13.mp3 (27.4 MB) File Key:Qk9nARyoxdbg0QuJCcjp2WgLPLlOqn5Vrp8hJgjc9WI https://mega.co.nz/#!Ot4EVKBA
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I just noticed that Erik V. will be on The Peter Schiff Show today which is being guest hosted by Tom Woods. You can listen live here if you aren't a subscribing member: http://www.schiffradio.com/The show starts at 10 am EST (eg. New York)
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What if the government makes it illegal for merchants to accept Bitcoins? Is this plausible?
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Another concern with deterministic wallets is that if a key is imported (not sure if my terminology is 100% correct here) into the wallet any btc associated with that transaction can't be recovered from the seed. Therefore, the wallet.dat needs to be backed up regularly and the seed can't be exclusively relied on to recover all the btc. I guess there is no free lunch. Despite the ease and benefits of a brain wallet you better not forget to backup the wallet!
Is this true or am I confused?
Also, why is it even necessary to import keys from another wallet (is the term sweep)? Why not just send the btc via a transaction to avoid the above problem? Is it a matter of how time consuming it might be?
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