USD are just some pieces of paper with ink on it. Money is defined by the way you use it, not by the stuff it's made of.
+1 OP, have you seen the new 100 dollar bills? They look like monopoly money. But yes, life would be simpler without the governement breathing down our necks, but redefining bitcoin as software won't change that.
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https://en.bitcoin.it/wiki/Key_pool Basically you have 100 pre-generated addresses in your wallet and you use them when you create an address or send a transaction. As long as you haven't used all 100 of these addresses since your last backup it will still be valid.
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also, i somehow ended up with two .wallet files, both seem to be the same when i open them. I think that means i can delete one safely?
Theatrically yes, but If I was in your case I save one to a flash drive then periodically back up the wallet you are using. (don't overwrite old backups, a bitcoin wallet is very small so you might as well keep all your old backups in case something goes wrong)
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Make sure you experiment with small amount of BTC first before committing a large amount of money. It is very easy to slip up in some small way and lose a lot a money.
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Also is it possible to change the path to where I want to store the block chain? I'd like to put it on an external hdd.
The command option -datadir=you_directory (with your_directory replaced with the directory you want) can be used to change the bitcoin directory.
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If you click "Use a New Identity" on the Vidalia control panel you can change you ip address without losing your cookies. I know this doesn't really solve your problem but maybe it will help in the future.
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It's back up.
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As long as your wallet has all your transactions you can send BTC without completely syncing the blockchain. Warning if you try and send coins when your wallet does not contain all of your transactions it can cause you to double spend your coins and it's a pain to try and remove a double spend from your wallet. So even if you have all of your transactions backup your wallet.
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I run Linux Mint 12 and and I can get cpu spikes of over 400% . I have a RAID 5 array and since the main bottleneck on sync speed is your hard drive, I can sync a lot faster then the average person. Peer speed and internet speed can also affect your sync speed. What is most likely happening is you managed to connect to some faster peers and as a result are managing to stress your cpu a little. It is nothing you should be worried about.
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Restart your computer and try again. Is it possible the changes you made to bitcoin.conf caused the failure?
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I think mining does the trick, right?
Even if you use a pool it should be pretty possible to stay anonymous.
But you can be traced by your IP. But for most, staying anonymous is not important at all Use Tor.
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What version of bitcoin-qt are you running?
Edit: oops, reread the first post post.
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The MacBook Pro has a solid state drive and the main limit on sync speed is the your hard drive and peer speed. With flash storage and fast peers you can sync a whole lot faster and start stressing your other components. This may be why be why your having trouble. Of course without being there for all I know bitcoin-qt could have an issue with multithreading.
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Answer to title question: Depends on you OS. It's on the Bitcoin wiki https://en.bitcoin.it/wiki/Data_directory. Answer to thread question: Yes it is possible but you may need to move more than just the blockchain files. They changed how it works with new blockchain format so I'm not sure what steps to take to ensure a successful transfer. However, I do know it is possible and not to complicated. Edit: Wow this forum is getting active two people posted while I was writing my answer.
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My bet is Bitcoin-Qt went haywire and used a change address. For whoever asked the keypool size is 100 but it can be changed by the user.
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2 steps down from the 2011 transaction there is a transaction with the change going to a "super address" or more likely a "super wallet" (wallet transferring over 10,000 BTC). If you find out who owns this address you may be able get your coins back.
address: 18mddZvpUTLqb1twgokF5HtVbb45YJFhdB
Hope this helps
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When the blockchain starts getting into the hundreds of GBs, I suspect that most normal bitcoin users will be using Armory in "lite mode" that doesn't require the blockchain locally at all.
I just bought a 1 Tb disk for 0.5 btc. When the blockchain gets into the hundreds of Gb, we'll be able to buy 1 Pb disks for the same amount of money and I will happily get a disk to store the blockchain and support the network with a full node. I'm to cheap to buy a 1TB disk, I just used 3 500Gb disks and RAIDed them together to get a 1TB RAID 5 disk. P.S. Great work etotheipi! I can't wait for the updates your working on.
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"bitcoin" is one word. Note the forum name.
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The main choke point of blockchain sync speed is your hdd not your internet speed. If you have a solid state drive and/or a RAID array it will dramatically decrease your blockchain sync time. You can also add dbcache="number_of_mb_of_RAM_to_use" to bitcoin.conf to decrease the strain on your hdd while syncing.
P.S. Default value for dbcache is 25 and a good value for a computer with 4gb ram is 3000, assuming you aren't doing anything RAM intensive.
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Could you explain what you mean by it doesn't work?
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