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Economy / Trading Discussion / Re: Best Practices for sending to exchange
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on: January 21, 2021, 07:03:40 PM
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Thanks for all of your thoughts. To those bemoaning my paranoia I say that my paranoia is of the healthy sort. I trust my local process and I trust the exchange I am using, but these processes have risk. I'm not worried about copy/paste issues or exchange fraud. I am worried about program crashes, errors stemming from my own ignorance, and especially things out of one's control after sending, etc. If you read the t's & c's of any exchange they acknowledge this risk and disavow responsibility. Of course the probability is low, but something could happen despite one's best preparation. For anyone working with transactions an individual feels is "high value" some paranoia is warranted IMHO.
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Economy / Trading Discussion / Re: Best Practices for sending to exchange
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on: January 19, 2021, 11:38:47 PM
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Thanks for the replies. I sent a small test transaction which took about 8 hours to get the first confirmation. Today I sent the main transaction as a single send with a bumped fee. Got the first confirmation within 15 minutes. Lots of paranoia plus crossing of t's and dotting of i's.
Thanks again for the reassuring advice.
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Economy / Trading Discussion / Best Practices for sending to exchange
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on: January 19, 2021, 06:08:54 PM
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Hi, Are there any best practices for sending btc to an exchange? For example if I wanted to send a large (to me) amount should I send in multiple transactions or all at once? I'm technically competent but paranoid about sending especially from legacy addresses.
Thanks
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Bitcoin / Bitcoin Discussion / Presentation Talk QA
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on: November 29, 2012, 04:27:58 PM
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Hi, I'm doing an intro presentation on Bitcoin, and was wondering if anyone wanted help review a graphic for errors. If it doesn't suck I'll post the source graffle and visio svg files on github for public use. It will be chopped up into a google presentation - references will be there. thanks! (originally posted in the newbies forum)
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Other / Beginners & Help / Presentation review
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on: November 29, 2012, 05:42:50 AM
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Hi, I'm doing a talk at school, and was wondering if anyone wanted help review a graphic for errors. If it doesn't suck I'll post the source graffle and visio svg files on github. It will be chopped up into a google presentation - references will be there. thanks!
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Other / Beginners & Help / Looking for ideas to develop bitcoin.is
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on: May 30, 2012, 01:29:22 AM
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Have the domain, but need ideas. I have some solid but unfinished code for an exchange written in java + spring, but getting an exchange running and secure can't be done by one person... If you have some ideas I would appreciate hearing them.
Thanks
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Bitcoin / Mining / Re: Analysis of Buying a Rig for Mining
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on: May 26, 2011, 07:01:24 PM
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I generated some btc a while ago, then I ignored it for awhile. Credit to the early adopters for sticking with mining. That said, I feel like the current "wealth" in the btc economy is divided amongst those few early adopters, and in the blink of an eye mining became unfeasible. I'd like to get more involved by creating a client/exchange, along with a mining mini-farm, but at the same time I feel like I've missed the boat. This strawman analysis if taken at face-value confirms it - I think. In my pool I am generating about 1 btc / 40h with two 5870's on a rapid downward trend.
The main reason I am interested in btc is due to the mining tech/ distributed clients etc. Now that mining is moving out of reach of the individual, I wonder if the community will shift from tech-centric to business / investor centric.
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