Send a noob 0.00000001 BTC? What info do I need to provide?

[TonyT]

I am experimenting with Armory (I know, I know), and I wish somebody to send me 0.00000001 BTC (apparently the smallest unit).  What information do you need from me?  I promise to send it back to you if you want me to.

Thanks,

TonyT

[PotatoPie]

I am experimenting with Armory (I know, I know), and I wish somebody to send me 0.00000001 BTC (apparently the smallest unit).  What information do you need from me?  I promise to send it back to you if you want me to.

Thanks,

TonyT

All we would need is your wallet address.

[BigBill]

I am experimenting with Armory (I know, I know), and I wish somebody to send me 0.00000001 BTC (apparently the smallest unit).  What information do you need from me?  I promise to send it back to you if you want me to.

Thanks,

TonyT

Just address. Try some faucet for some kind of small amount.
I can give you some on PM if you want.

[BigBoy89]

hard to get confirmed if i send you 0.0000001 BTC
minimum amount that recommended by network is 0.0001 BTC (+ 0.0001 more for networks fee)
if you want try that, i can send it. just post your address here

[deepceleron]

Here's a private key with 0.00001 BTC on it, no fee required to import it, but also not enough money to send it anywhere.

addr: 19bjqNiSWxMuCcbzcszS37BJfNMKLA7vh1
priv: L3Upbvtaij1xMmG2iXTokSgguAPy3c4fnR81xFcUKc2263hapovb

[TonyT]

Just address. Try some faucet for some kind of small amount.
I can give you some on PM if you want.

OK thanks!  I am downloading the 50 GB blockchain (I think that's what it is) on Armory and as soon as I am done, I can receive and/or send bitcoin and will publish a bitcoin address. 

What is 'faucet'? Oh, I see...it was a free bitcoin offering by one of the founders of bitcoin.

TonyT

[TonyT]

Here's a private key with 0.00001 BTC on it, no fee required to import it, but also not enough money to send it anywhere.

addr: 19bjqNiSWxMuCcbzcszS37BJfNMKLA7vh1
priv: L3Upbvtaij1xMmG2iXTokSgguAPy3c4fnR81xFcUKc2263hapovb

Ah, thanks, this is very informative and actually relates to a question I was going to ask in another thread but I might as well ask it here:  a private key is often associated with money, like a ordered pair in a dictionary, yes?  Meaning, you have a private key in your bitcoin digital wallet, known only to you, with an amount in bitcoin next to it:  private key <---> value in bitcoin.  So if you lose your private keys, you lose your money, because each private key has a bitcoin value associated with it (the value could be zero if the key has not been used in a transaction I suppose).  That's why you should backup your wallet (unless you use a 'deterministic' wallet, where if you know the root key it will automatically generate all the other keys, then you can use the 'blockchain' to construct how much value each private key has, I think somewhat that's correct)?

Is this somewhat correct?

TonyT

[TonyT]

hard to get confirmed if i send you 0.0000001 BTC
minimum amount that recommended by network is 0.0001 BTC (+ 0.0001 more for networks fee)
if you want try that, i can send it. just post your address here

What?! What?  There is an automatic network fee?  Oh, you mean when a miner solves some puzzle, they get a fee, aka mining bitcoins?  I know this part, but you imply something else.  But I can still send 0.0000001 BTC, no?  You mean bitcoin nodes in the network will refuse to process this transaction?  How?  That would break some sort of bitcoin unwritten or written rule, no?  How would it be enforced?  This is all very strange and seems contrary to the spirit of bitcoin?

TonyT

[Update:  I saw how this works:  if you specify a small fee to be paid to the network, your transaction is verified faster, otherwise, it will drop to the end of the queue and there's no telling when your transaction will be verified.  The default transaction fee amount can be set in your wallet, like Armory that I use.]

[deepceleron]

Bitcoin has limits written in its code that are for the good of the network. Sending payments that are worth less than 1/3 of the fee is a non-standard transaction, fees are required for most transactions, and are based on data size. These are for the good of the network and the people that participate in it by running the Bitcoin client.

Being part of the Bitcoin network by running a full client also means that you must have a complete record of every historical transaction downloaded. It means that you can be flooded by spam transaction on the network that you then must not forward to multiply the attack.

Bitcoin is a consensus system, and the rules about fees are up to the individual clients to honor. There are still some miners that will include the dust transactions, so it is still possible to send someone annoying dust that costs far more in data consumption and network fees than its value.

I've got a link in my sig, something along the line of "how Bitcoin works", which should be just about the right size to read and comprehend.

[odolvlobo]

Tony,

The "dust limit" is 5460 satoshis (0.00005460 BTC). Dealing with amounts below the dust limit is difficult.

If you want a small amount of BTC, the easiest and fastest way to get it is to buy it from Coinbase, Circle, or LocalBitcoins.com. Begging for BTC will only get you scorn.

[TonyT]

Tony,

The "dust limit" is 5460 satoshis (0.00005460 BTC). Dealing with amounts below the dust limit is difficult.

If you want a small amount of BTC, the easiest and fastest way to get it is to buy it from Coinbase, Circle, or LocalBitcoins.com. Begging for BTC will only get you scorn.

Sending dust is difficult?  Or impossible?  Since now that you mention it, it would be a wicked way to gum up the works with the blockchain.

The reason I am begging is that I have not decided the best way to buy bitcoin anonymously (I have another thread started on this).

Thanks,

TonyT

[FakeAccount]

Tony,

The "dust limit" is 5460 satoshis (0.00005460 BTC). Dealing with amounts below the dust limit is difficult.

If you want a small amount of BTC, the easiest and fastest way to get it is to buy it from Coinbase, Circle, or LocalBitcoins.com. Begging for BTC will only get you scorn.

If it's difficult, how was the address above able to get the .00001?  If you wait a long time would it go through eventually?

[Bonam]

Tony,

The "dust limit" is 5460 satoshis (0.00005460 BTC). Dealing with amounts below the dust limit is difficult.

If you want a small amount of BTC, the easiest and fastest way to get it is to buy it from Coinbase, Circle, or LocalBitcoins.com. Begging for BTC will only get you scorn.

If it's difficult, how was the address above able to get the .00001?  If you wait a long time would it go through eventually?

Easy. Send 1 BTC to an address. Send 0.99999 BTC (minus transaction fee) out. You're left with 0.00001.

[TonyT]

hard to get confirmed if i send you 0.0000001 BTC
minimum amount that recommended by network is 0.0001 BTC (+ 0.0001 more for networks fee)
if you want try that, i can send it. just post your address here

Thanks BigBoy, I finally (after 44 hours!) got Armory up and running.

Can you kindly send me the 0.0002 BTC (which at market rates is larger than I thought, around 8 cents US) to this public Bitcoin address please?

135D1oL8Ud6cCJZaSZ34pU2qrpC81xPQTi

I appreciate it, and will return it someday to  you with interest (as soon as I buy some bitcoin!  I need to get verified first).

TonyT

[DhaniBoy]

you need only need to store the bitcoin wallet that you collect, then you just visit the website that provides free bitcoin, and or you follow the forums as bitcointalk.org sig.campaign follow so that you will be paid monthly, weekly or even perpostingan, hopefully you just get a lot of bitcoin in your wallet ... 

[TonyT]

you need only need to store the bitcoin wallet that you collect, then you just visit the website that provides free bitcoin, and or you follow the forums as bitcointalk.org sig.campaign follow so that you will be paid monthly, weekly or even perpostingan, hopefully you just get a lot of bitcoin in your wallet ... 

That sounds cool!  How much can you make in a year, probably maybe a half BTC?  My reason however is more immediate:  I need some small bitcoin so I can play around with sending and receiving it on Armory and some online wallets I have set up.  I have ordered bitcoin but it will take a week to get here.  Oh well...I just have to wait I guess.

[deepceleron]

I need some small bitcoin so I can play around with sending and receiving it on Armory and some online wallets I have set up.

Testnet. https://bitcointalk.org/index.php?topic=341252.0

[Simon8x]

Tony,

The "dust limit" is 5460 satoshis (0.00005460 BTC). Dealing with amounts below the dust limit is difficult.

If you want a small amount of BTC, the easiest and fastest way to get it is to buy it from Coinbase, Circle, or LocalBitcoins.com. Begging for BTC will only get you scorn.

Wasn't the dust limit lowered to just 546 satoshi when the minimum relay fee dropped?

https://github.com/bitcoin/bitcoin/blob/master/src/core.h

Code:

bool IsDust(CFeeRate minRelayTxFee) const
{
// "Dust" is defined in terms of CTransaction::minRelayTxFee,
// which has units satoshis-per-kilobyte.
// If you'd pay more than 1/3 in fees
// to spend something, then we consider it dust.
// A typical txout is 34 bytes big, and will
// need a CTxIn of at least 148 bytes to spend:
// so dust is a txout less than 546 satoshis
// with default minRelayTxFee.
size_t nSize = GetSerializeSize(SER_DISK,0)+148u;
return (nValue < 3*minRelayTxFee.GetFee(nSize));
}

[jjacob]

Here's a private key with 0.00001 BTC on it, no fee required to import it, but also not enough money to send it anywhere.

addr: 19bjqNiSWxMuCcbzcszS37BJfNMKLA7vh1
priv: L3Upbvtaij1xMmG2iXTokSgguAPy3c4fnR81xFcUKc2263hapovb

It seems to have been cleared out as soon as you posted it. 

[deepceleron]

Here's a private key with 0.00001 BTC on it, no fee required to import it, but also not enough money to send it anywhere.

addr: 19bjqNiSWxMuCcbzcszS37BJfNMKLA7vh1
priv: L3Upbvtaij1xMmG2iXTokSgguAPy3c4fnR81xFcUKc2263hapovb

It seems to have been cleared out as soon as you posted it.  

Here's a transaction fee's worth of private keys with 0.00001 BTC on each then. As long they are going to be spent, I've got 1500+ more...

L4JyPUuq1qcokcunDvZcQceU...

edit: all gone!