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61  Other / Beginners & Help / Re: Trojan Wallet stealer be careful on: May 29, 2012, 12:50:33 PM
I have one of those clear rubber keyboard protectors and thankfully I've not had a virus since I put it on.

Classic.  Is it a trojan brand ? <grins>

To protect my BTC wallet, I encrypt, backup then put it on a usb drive, unplug then delete the wallet from the bitcoin folder.

kind regards
Does this need to happen everytime you recieve or are expecting to receive funds? Or does the backup only need to be created once, (when you are happy with the btc addresses you have) just incase malware effects your pc and destroys the private keys?
62  Other / Beginners & Help / Re: Blockchain Download Question on: May 28, 2012, 11:37:56 PM
Hi,

Just had a question about the Blockchain download speed. Now there is countless topics about this but I just wanted to better my understanding about this a little further.

So we all know bitcoin is P2P, like torrents are. So why is it that a download for a blockchain takes so long compared to a private tracker for a torrent?

What causes the blockchain to be so slow, is it due to the fact that the internet speeds of these nodes aren't ridiculously fast like private trackers are? Or is it a totally different ball game?

Thanks

The most recent version of the client performs much better than previous versions.

Much of the time spent waiting on the blockchain to download is actually spent by the client verifying each new block that it downloads and adding it to the blockchain database and index.  Faster networking doesn't make that step occur any faster.

Using slower hardware (e.g., laptop with an atom processor) exacerbates the perception that it takes forever.

If you do have problems with getting the client to update the blockchain it might be in that you don't have reliable connectivity (e.g., a flakey wi-fi signal?) or there are firewall issues?  But do realize, the amount of data is significant -- pulling 2+ GB is a lot of network transfer.
Thank you for taking the time to respond.

I am currently sitting on a laptop yes, it isn't new either so it may explain the issue. Though my internet speed is fast, so i guess it comes down to the laptop. Now this may be a silly question but how important is it to verify the blockchain upon specific block downloads? For instance would it be a smart idea for Bitcoin-QT to do this?
63  Other / Beginners & Help / Blockchain Download Question on: May 28, 2012, 09:28:14 PM
Hi,

Just had a question about the Blockchain download speed. Now there is countless topics about this but I just wanted to better my understanding about this a little further.

So we all know bitcoin is P2P, like torrents are. So why is it that a download for a blockchain takes so long compared to a private tracker for a torrent?

What causes the blockchain to be so slow, is it due to the fact that the internet speeds of these nodes aren't ridiculously fast like private trackers are? Or is it a totally different ball game?

Thanks
64  Bitcoin / Bitcoin Discussion / Re: What to call 0.001 BTC? (5 BTC Bounty) on: May 25, 2012, 08:47:40 AM
I think it needs to remain simplified. In dollars we say 10 cents and 1 cent. Cent doesn't change, so why does it have to change in this case.

My proposal:

Everything before the decimal: bit|bar
Everything after the decimal: sat

When saying Sat we could extend the "a" so the word drags out a bit more. Spelt like "Sat", said like "Saaat(s)".
65  Other / Beginners & Help / Re: POLL: What's the *real* reason you ever got into Bitcoins? on: May 25, 2012, 08:38:36 AM
I currently use it as a fun/risky investment option. Though lately I have been thinking about creating a service for the bitcoin community.
66  Other / Beginners & Help / RE: Satoshi Murdered on: May 02, 2012, 04:21:31 PM
In reference to:

https://bitcointalk.org/index.php?topic=78942.0

Since I can't post in that forum. I'd like to highlight one point:

The victims surname is "Williams". Does that ring any bells?
67  Other / Beginners & Help / Google Trends SVI directly correlates the price of bitcoin on: April 27, 2012, 12:34:48 PM
I stumbed upon this page http://www.google.com/trends/?q=bitcoin

Notice how the Search Volume Index is ridiculously close to the bitcoin price at the time?

Could this reflect the price of bitcoin for the future? with a SVI of 30 = 30 bitcoins?

Useful or useless?
68  Other / Beginners & Help / Re: Best way to get paid in Bitcoin? on: February 10, 2012, 10:22:53 PM
Hello all,

Thank you all for the kind replies. I should have phrased my question a little better.

I am currently aware of how to get bitcoins. In my case the best way for me  is to get them from internet exchanges. However my client isn't very technically gifted. So i was looking for  a method for my client to be able to sign up to an exchange that would have very minimal bank fees and no currency exchange fees which would allow my client to purchase bitcoins. So judging that my client is residing from Canada and has access to a US Bank Account would MtGox be the best option? And Would the transfer be done with a MTGOX redeemable code that can be sent to me or would it be better for my client to transfer the bitcoin amount to my own wallet?

What would you suggest?
69  Other / Beginners & Help / Best way to get paid in Bitcoin? on: February 10, 2012, 03:24:11 PM
Hello,

I am a long time lurker, and have finally decided to get more active in the Bitcoin community. I offer web development services and I have a current client located in Canada, who also has access to a US Bank Account, whom is interested in paying me for my services via Bitcoin. I am currently located in Europe but have a bank account in Australia too.

What would you say is thes best, cheapest way to send money through bitcoin). Something reasonably quick, though more importantly cheaper then paypal.

Thanks
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