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Author Topic: mtgox/bitcoin wallet qt/freebies  (Read 481 times)
rival4653 (OP)
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April 26, 2013, 09:55:53 PM
 #1

I opened a bitcoin qt wallet and have 98% of the block chain downloaded.  I sent a transfer to my wallet from mtgox.  I also participated in the freeebie sites.  I open my wallet and have a grand total of zero coins.  Am I missing something or does it actually take a long time to receive my coins.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Birdy
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April 26, 2013, 10:01:52 PM
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The block chain is the transfer history, so if it's not up to date your transfer may be listed in the blockchain, but you cannot see it yet.
The free-Bitcoin sites often send the BTC after a day or even a week (and some not at all).
rival4653 (OP)
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April 26, 2013, 10:04:06 PM
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Ok, so I have to be fully updated to see my transfers every time?
DannyHamilton
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April 26, 2013, 10:17:58 PM
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Ok, so I have to be fully updated to see my transfers every time?

If you are using the Bitcoin-Qt wallet?  Yes.

You may be interested in one of the "lightweight" wallets that don't require you to maintain/synchronize the blockchain.  If so, look into:

Electrum
MultiBit
https://blockchain.info/wallet
grabble
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April 26, 2013, 10:19:29 PM
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Be careful to only download multibit from multibit.org

There is a scammer website out there that will steal your bitcoins however meager.
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