This isn't a "I paid the default fee but it still wasn't enough for those greedy miners" issue. Paying tx seem to be confirmed relatively quickly. Comparing the memory pool to the new blocks miners seem to be including nearly all paying tx in each block. Sometimes in peak volume there are too many but they quickly roll over to the next block.
No this instance is a difference sort of issue. Some of OP tx have no fee and some have unconfirmed outputs using inputs. Neither are going to be processed quickly. The OP just has to wait.
For those that want a painless experience I recommend setting your wallet to pay the min fee (0.1 mBTC per KB) on ALL txs even those which "can" be sent free. It will ensure timely processing for a few pennies. Had about 80+ tx in the last couple days. Not a single one was delayed more than 1 block or so.
Still this an area which the clients can use some work. The client should look at the # of unconfirmed tx (free and paying) and the recent block sizes to give users a better estimate. If the client warns tx volume is high and not paying a fee may result in delayed processing potentially for hours or days and a user clicks [I am a cheap bastard send it anyways] well at least the user knows what to expect.
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Since the crash, the price has kept decreasing.
Otherwise, whats up guys?
/ You didn't buy the hype that Bitcoin is "different this time" and stuff can keep going up 50% per day until it hits $1B USD did you? Long term bullish on Bitcoin but the price gains over the last week or so are just utterly unsustainable. Will Bitcoin hit $1K someday? I think so but even the exponential long term growth has been on the order of 0.5% per day not 100x that.
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Is the bottom above the last high (260ish)?
I doubt we will get that low. 400s probably. Mid 300s? Not sure. 300 I find hard to believe. I doubt we will break the prior peak of 266.
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so i should not use this adress anymore?
No you need to stop spending unconfirmed outputs. The tx won't confirm until the unconfirmed outputs it use are confirmed.
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Of course Satoshi is married, she is like the first Bitcoin millionaire.
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yeah, lighten up, he just screwed up
I doubt your coins are gone OP, but it might take a while to clear up, hopefully someone can clarify that
Maybe, maybe not. It's luke that is filtering address re-use, and maybe other miners as well. Come on use some logic. There are 6 blocks per hour. OP reports it has been 12 hours that is 72 blocks. Lets be generous and say 20% of those are filtering that is ~60 blocks mined by miners who are not filtering. Still think it is due to filtering? Also the filtering simply limits the OP to one re-use tx from the same address per block. Does the OP have 72 re-use txs in the last 12 hours? Still think it is due to filtering? Maybe not, but luke was usually the generous miner, allowing transactions without fees, even small ones. But he filtered OP's transaction, that leaves with the rest of the players, who are probably not including due to the fee not being there. Well no the filtering merely limits it to 1 tx per block. So the OP could have had 12+ tx go through just on Luke's pool in the last 12 hours. Once again still think it is due to filtering? The answer is no unless you want to spread FUD in face of obvious logic.
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yeah, lighten up, he just screwed up
I doubt your coins are gone OP, but it might take a while to clear up, hopefully someone can clarify that
Maybe, maybe not. It's luke that is filtering address re-use, and maybe other miners as well. Come on use some logic. There are 6 blocks per hour. OP reports it has been 12 hours that is 72 blocks. Lets be generous and say 20% of those are filtering that is ~60 blocks mined by miners who are not filtering. Still think it is due to filtering? Also the filtering simply limits the OP to one re-use tx from the same address per block. Does the OP have 72 re-use txs in the last 12 hours? Still think it is due to filtering?
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Thanks for the clarification D&T
so the 6 (or you say 7) tps is a theoretical limit without a hard fork to increase blocksize and we aren't there yet
Yes I think 6 or 7 overstates it though. The actual limit is 1MB. Average tx is ~400 bytes so that is 1000 KB /0.4 = 2500 tx per block. 600 seconds per block; 2500 / 600 = 4.2 tps. Still we are running roughly 10% of that right now.
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How the heck do I get a mainland Chinese bank account! (Honk Kong is doable, but not mainland for me ATM).
Come now, lets crack this nut somehow.
Simple you get a visa to enter China on business, hop on a flight and you open an account in person. Of course that still doesn't allow you to convert your Yuan into USD or move it out of the country.
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2 hours of airtime ... on CSPAN.
Honestly OP before yesterday how many hours of CSPAN did you watch in an average week? How many hours do you think the masses were watching this week?
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somebody correct me if I'm wrong, as I understand it there are 6 transactions/second make the blockchain, the miners will, of course, prioritize inclusion of paying traffic and a backlog of moocher transactions develops. Occasionally there is a lull in transaction activity and some moochers make it into the chain
Max block size is 1MB that is ~2,500 average sized tx or 4 tps (7 tps would require smaller as in size not value txs). However miners aren't mining blocks anywhere close to the 1MB limit. Average block size is 100KB to 200KB (~250 to 500 txs) or a mere 0.4 to 0.8 tps. Miners are simply choosing to mine smaller blocks. Still in general you are right. Most miners devote a small amount of space for free transactions (default is 27KB or ~60 tx per block). Anything beyond that waits for the next block. If there are 3000 free tx ahead of you and only 60 make it into a block you are looking for 50 or so blocks before inclusion. Free tx are ranked by priority so if you have a lower priority you can simply keep falling int the queue as newer higher priority tx are included in a block.
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Whether you use eMunie or not is up to you, but please don't insult me by judging the pie before you've tasted it.
Unintentional irony from the guy who has judged the pie good before tasting it.
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No I understand what you wrote I just think it is completely wrong. If there is legal action against HashFast it will have absolutely nothing to do with the MPP. That would be an utterly pointless way to waste a lot of money with absolutely no chance in hell of any positive gain.
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Hmm...when I go to blockchain.info's import wallet feature it wants me to import a preexisting wallet.dat file. All I have from bitaddress.org is my bitcoin address and my private key. Not sure where you are seeing that but under import there should be an option labeled "import private key". Copy and paste just the private key there.
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That would explain a lot. This is why she was saying Bitcoin needs to do things which are impossible. It was simply a way to advocate for Ripple the centralized alternative.
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How did you generate your paper wallet? And what do you mean by "accessible on the Blockchain"? Do you mean you see transactions being sent to your paper wallet?
I generated it on the blockchain and printed it out. I guess what I mean by accessible is that I'm still able to move coins from wallet to wallet when I log into my wallet on the blockchain. That isn't a paper wallet. Not sure what you did or think you did but you didn't create a paper wallet. A paper wallet is ONLY offline. It doesn't exist ANYWHERE else.
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What they aren't saying is that Bitcoin is completely different than any centrally-controlled money or anything else called "virtual currency". Fake points in games, Apple store or xbox points, gift cards, Google wallet and payment processors, and such, are centrally controlled by a company who can go out of business or print their own. That is a "meta concept" that is going to take a while to sink it. It is so far out of the box. Tunstall by the wording of your statements, "Bitcoin will need to this" or "Bitcoin going gain traction unless they change it to do that" likely doesn't fully get the idea that there is no Bitcoin, Inc. There is no central authority which runs the whole network. Even if they have seen the word "decentralized" or "p2p" they dont' really understand it yet. This is really a paradigm change thing and it will take some people years if not decades to fully grasp what it means. I think many on the panel (both senators and witnesses) think of Bitcoin as PayPal 2.0 or Linden Dollars you can use in the real world.
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you need to import the bitaddress private key into a wallet. The easiest is probably using blockchain.info. I am not sure if coinbase supports importing private keys.
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You can see the senator's mind turning. "wow, you can get 0.1% transaction fees?" (in his mind)
Yeah it was almost like he believed it but couldn't believe it can be that cheap. Likely what he was really thinking was "WTF? The banks & CC companies have been raping the businesses in my district for decades"
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Come on who the hell is this Sarah James Lady? I mean she is talking without saying anything.
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