I recently doubled and got a referrer bonus. Do those bonuses pay out as soon as they sign up, or when their bitcoin doubles?
As soon as they sign up (actually, after 1 confirmation). |
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I decided to do this the slow way, by using your screenshots and my own eyes...
1.65 + 0.3 + 13 + 1.1 + 4.5 + 1.45 + 1.3 + 2.5 + 0.55 + 10 + 1.5 + 0.2 =
38.05 BTC
Done.
Feel free to send me some of that dirty money: 1HshgkxJGoJSUojh1gGCStjh5guvaMtsN7
I won't/can't send u some of that dirty money, coz i have to repay faucet after a poll. I need confirmation, not 120 or 100 or even 6, i need at least another 2 confirmation from 2 other people. coz, i thought it might have 50 coins, but he says 40-. Some one, if can confirm it. If you sent me more than a few cents I would have forwarded it to the faucet anyway. Also, that figure above could be out by 0.50 or more... I'm not claiming it to be 100% accurate. |
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So after all that .... any update on opinions of how bitcoin should be commonly measured?
In Libraries of Congress of course. |
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definitely legal in less screwed-up countries (...Australia...)
Less screwed up? Please don't talk about my country that way. It's screwed up plenty, thank you. |
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"Mining" is transaction processing... once all coins are mined, we still need transactions to be processed.
As said above, mining is not simply a distribution method.
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Yep, put an address from your client in there
Make sure it's a receiving address, that you own  When you click "Address Book" in the default client, it first shows you the list of Sending addresses (belonging to other people). |
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If I'm standing in front of Mr. Hot Dog Vendor with my BTC ATM card, how long will I be holding up the line waiting for transaction confirmation?
Up to 1.5 hours, depending on the price of the hot dog. And depending on how many confirmations Mr Hot Dog Vendor wants before trusting that the transaction is valid. And depending on whether you've opted to pay a transaction fee or not. Sorry I don't have any links at the moment for where this has previously been discussed... but it has, and it's not as bad as I make it sound  |
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My offer expires in 10 minutes hehehe Haha, if I didn't have a job tomorrow morning (which only pays me in USD, semi-sadly), I'd take you up on it. My goal is to have enough bitcoins in my account by the next minor US holiday (maybe Easter?) to distribute enough bitcoins to my friends, which will force them to open Bitcoin accounts. And then they'll say "What do we use these for?" And then I'll tell them I'm actually buying them a round of drinks, but it will cost them X BTC each. Tada, that's the gift! Throw in a little random paranoia about the value of the US dollar dropping, and we'll start using it on transactions with each other. In theory. And as an added bonus, if all your friends have bitcoins, it'll be easier to get them to draw fake glasses on their face. Okay I'll stop now But definitely go and detail your skills in the Market Place section. |
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My offer expires in 10 minutes hehehe |
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LibertyReserve is probably the most complicated and expensive way how to get bitcoins...
Agreed... I'd say that option is just for people that already happen to have some LR. |
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CE's face when he found out witcoin has a 'free' section I'll give you 5btc if you draw fake glasses on your face with a thick black marker. But I'm sure there's plenty of little programming jobs out there... just need to post something in the 'marketplace' section of this site, and detail what skills you have. |
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Tying up funds makes it more difficult for an attacker to spam. Spamming 1000 BTC transactions is more difficult than spamming 0.01 BTC transactions.
Up to this point I thought of spam as unsolicited, commercial, bulk email. By 'spam', do you mean like a DOS attack on someone's node? In that case, it all makes sense. |
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Haha no worries, have fun with your superior system.
Anyway, still prefer SI notation for currency divisions.
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Higher-value transactions are given priority because it ties up more funds.
Is that good or bad? I don't understand this answer, and why miners would care what value the transactions are. |
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From my reading the transaction fee is optional at least until some indeterminate time in the future?
If everything requires a transaction fee to be processed at all than I guess I've misunderstood what bitcoin was.
Are you saying that unless I pay a transaction fee its up in the air whether the transaction will be processed?
Yes it's optional. My understanding is that if you opt to pay say 0.01 per kb for your transactions, then that'll help them to get process priority. What I don't understand is how large amounts automatically get process priority, even when the fee is set to 0.00... what's the incentive for the miner to choose these over small amounts? |
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Sometimes it takes a while, especially if the transaction is low-value.
If the transaction fee is set to 0.00 anyway, then what's the incentive for a miner to process higher value transactions? |
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If I have the BTC on hand, I will send it over as soon as the funds clear; if not, it may take a short bit before I can.
Define 'short'. Someone might ask you for 250,000 BTC Anyway, how about I charge you 5% for helping you cash out to AUD? |
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I decided to do this the slow way, by using your screenshots and my own eyes...
Image 1:
0.05 x 33 = 1.65
Image 2:
0.05 x 6 = 0.3
0.5 x 26 = 13
Image 3:
0.05 x 22 = 1.1
0.5 x 9 = 4.5
Image 4:
0.05 x 29 = 1.45
Image 5:
0.05 x 26 = 1.3
0.5 x 5 = 2.5
Image 6:
0.05 x 11 = 0.55
0.5 x 20 = 10
Image 7:
0.05 x 30 = 1.5
Image 8:
0.05 x 4 = 0.2
1.65 + 0.3 + 13 + 1.1 + 4.5 + 1.45 + 1.3 + 2.5 + 0.55 + 10 + 1.5 + 0.2 =
38.05 BTC
Done.
Feel free to send me some of that dirty money: 1HshgkxJGoJSUojh1gGCStjh5guvaMtsN7
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LMG makes a good point though, people from different walks of life will inevitably come up with their own nicknames anyway, even if some 'official' (on bitcoin.org?) naming convention exists.
Just like 'half a bar' means $500,000 to those who use that phrase.
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