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61
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Economy / Economics / Cool BTC stats
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on: February 11, 2012, 11:18:57 PM
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If we extrapolate the past 24 hours worth of transactions, we get: - every 24 hours, 2.5 million $ worth of bitcoins change hands
- that's a bit over $100K an hour of transactions
- that's about $1 billion per year worth of transactions
A billion here and a billion there, and pretty soon you're talking real money
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64
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Economy / Lending / [CLOSED] Need 1-week loan of 16 BTC, pays back 18 BTC
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on: January 31, 2012, 08:38:20 PM
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Looking for a mini-loan to satisfy me until my next super-slow dwolla purchase goes through.
I have a very high standing in the community, feel free to research me. I am on honest traders thread etc. Have taken out a micro-loan before as well
I'm using the money to give a gift of BTC to a friend, but I don't have any patience.
My receiving address for this transaction:
[EDIT - address removed]
Thanks! -BA
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65
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Bitcoin / Bitcoin Technical Support / BTC protocol question - why do I get money back?
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on: January 28, 2012, 12:44:22 AM
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I think I'm just not understanding something about the BTC protocol. Can someone explain why Bitcoin splits my transaction into seemingly random-sized smaller transactions, and why it automatically creates a new second address during a transaction ( that is, it sends some coins back to me at a new address)?
I thought you could just cleanly sign over a specific number of coins to a new address.
Thanks!
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69
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Economy / Lending / 1 week micro-loan (10 bitcents), pays 100% (SATISFIED)
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on: January 14, 2012, 10:22:46 PM
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Need 10 bitcents
Will pay back 20 bitcents no later than next monday ( i.e. 9 days from now ). Probably I can pay back by Thursday though.
My recieving address:
EDIT: address removed
Reasons for loan:
Introducing a friend to Bitcoin and want to send him some bitcents, but my wallet is too large and sacred to permit on my potentially spyware infected windows computer. Dwolla transfer should complete next week so I can pay back then.
Thanks!
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70
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Bitcoin / Bitcoin Discussion / bytepimp's bitcoin pics for t-shirts
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on: January 14, 2012, 09:53:37 PM
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So I messaged bytepimp who created the awesome Bitcoin graphics, but he seems to be MIA. Anyone else know who he is? I'm looking to get a high-res version of his awesome Bitcoin graphic to make up a few t-shirts.  Also, if anyone wants such a t-shirt, let me know.
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77
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Bitcoin / Bitcoin Technical Support / Start Bitcoin on window system startup
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on: December 17, 2011, 12:59:29 AM
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I checked this box on Bitcoin v0.5.1 on Win7 SP1, nothing happens after a long pause and then the box never actually checks.
The process is set to exempt from MSE so I don't think MSE is blocking any particular API call.
Any ideas?
Thanks
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79
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Bitcoin / Bitcoin Technical Support / Wallet security and inheritance
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on: December 11, 2011, 11:43:36 PM
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So I am infamously an early adopter who stored a lot of bitcoins on MyBitcoin, which of course were stolen.
This time around I wish to keep them secure! So here is what I have done, please let me know how secure I am being, and if there's anything else I can do:
(1) Created a password-protected wallet with 20 addresses using a 20+ char password with a mix of letter, symbols, numbers
(2) send all my old btc to one of the addresses in this wallet
(3) copied the wallet.dat, renamed to obfuscate, and encrypted again with 7-zip ( a different password, but only 10+ chars this time ). uploaded this to several servers as a backup. [main purpose is to obfuscate the fact that it's even a wallet at all]
(4) never use the password for my local wallet (i.e. *assume* that I have a keylogger installed). yet, use this password at boot time (for TrueCrypt), which means I will not forget it (which would be a bigger problem than theft)
(5) created a second wallet for "checking", which I do enter the password from time-to-time the client to spend bitcoins
(6) if I ever need to tap my savings wallet, I will use a linux liveCD to ensure that I do not have a keylogger tracing the password. I simply send coins over to checking)
(7) use btcbalance.net to monitor the addresses regularly
Not sure what else I can do to be safe. Any other ideas would be greatly appreciated, thanks!
[Btw, the last step which I haven't done, is to find a way to relinquish control of the coins to the persons(s) I have outlined in my will. I'm thinking right now I just have to trust someone with the information. But in the future, a cool idea might be a time-release data website of some sort, where a family member would use their login to check for information -- information which I put in for them yet which I must login every 6 months or something to keep the timer reset so they cannot access it. If I don't login in a 6-month period, I'm presumed dead, and they get the necessary info to access their inherited coins.]
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80
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Bitcoin / Bitcoin Discussion / What % of your liquid wealth is in BTC?
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on: December 04, 2011, 10:02:49 PM
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Just curious  I already voted, it's 2%. That means 98% liquid wealth in USD, gold, etc and 2% in BTC. Note that "liquid wealth" does not include your house or your car, etc. It's simply financial assets that can be quickly sold for cash. I'm hoping to get this up to 4% soon, since I'm really prefering BTC to any other financial asset. But there's risk by concentrating too much in any asset of course
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