Bitcoin Forum
December 14, 2017, 02:09:05 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: My first real world Bitcoin transaction!  (Read 990 times)
RandyFolds
Sr. Member
****
Offline Offline

Activity: 448



View Profile
July 17, 2011, 08:20:08 PM
 #1

So, one of my buddies and I stumbled home from the bar last night and I started playing some blackjack for btc. My buddy wanted in, so I sold him .5btc at tradehill's last trade price. He made off like a bandit and quintupled his money. I offered to generate a wallet for him and send it with him on a flash drive so he could keep his bitcoin and stay in the game, but he wanted to cash out in the green ticket, so I traded him an eighth for the bitcoin back.

Bam. Two real world bitcoin transactions in one night. Unfortunately, both of them would be illegal upon close scrutiny...but still...used some bitcoin in meatspace. I am happy.
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.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513260545
Hero Member
*
Offline Offline

Posts: 1513260545

View Profile Personal Message (Offline)

Ignore
1513260545
Reply with quote  #2

1513260545
Report to moderator
1513260545
Hero Member
*
Offline Offline

Posts: 1513260545

View Profile Personal Message (Offline)

Ignore
1513260545
Reply with quote  #2

1513260545
Report to moderator
The Script
Sr. Member
****
Offline Offline

Activity: 336



View Profile
July 18, 2011, 03:48:33 AM
 #2

Well done.  You should have charged him a middle man fee, say 5%.   Wink
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!