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LiteCoinGuy
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November 06, 2014, 12:08:12 PM
 #21

Hello,
I recently started using blockchain to make some small payments
https://blockchain.info/nl/address/16w7viWCHAygsQtMUNZzn7xk987pgJKn5i
but every time i make a transaction i need to wait at least 1 confirmation before i can do the next one

That is normal from blockchain.info's end to counter double spend attack towards the network.
but if i have 100 btc in my wallet,
and i send 10 to someone
why can't i send 10 btc to someone else immediately?
si there a way to get this done?

you should not hold 100 BTC there. put some in cold storage.

themys
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November 06, 2014, 01:00:38 PM
 #22

its normal, in general its need 6 confirmations.
Vocal
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November 06, 2014, 04:09:26 PM
 #23

The most trustful online wallet Wink
LFC_Bitcoin
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November 06, 2014, 05:04:30 PM
 #24

The most trustful online wallet Wink

Why the wink?

I don't use it but as a hot wallet it's 100% the safest wallet online.

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silvestar
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November 07, 2014, 12:07:02 PM
 #25

You can split your bitcoin into multiple smaller pieces (eg. you hold 10 pieces of 1 btc, instead of 1 piece of 10 btc).
You can also group the payments together and send them out in one single transaction (click "custom" and the "plus sign" to add more destination addresses).
pooya87
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November 07, 2014, 07:05:18 PM
 #26

Download Bitcoin-qt and be in full control of everything. Otherwise, your going have to wait around 10 minutes for the block to confirm, it's to counteract double spends and shouldn't affect many people because 10 minutes isn't really that long.
waiting 10 minutes between every transaction is not so useful when you have to make a few 100 transactions, ill download a bitcoin-qt tx
you can combine all the transactions into one and sent it one time like this one:
https://blockchain.info/tx/1798a46670d2cf514337cc2f2925c22ee5fc2efb1b0bca6f9ca0a1162097b00d

this way you send one time and to everyone and also pay fee once

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Pudifu
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November 11, 2014, 08:27:09 AM
 #27

electrum wallet........maybe it will help you. you try blockchain to download
Loophole
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November 11, 2014, 01:55:11 PM
 #28

As others said, you could make multiple payouts in one single transaction.

Since the size of transaction is roughly calculated as
Code:
in*180 + out*34 + 10 plus or minus 'in'
from http://bitcoin.stackexchange.com/questions/1195/how-to-calculate-transaction-size-before-sending, you can fit 23 payouts in one transaction and pay the same 0.0001 fee if you use just 1 input.

beatleap
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November 11, 2014, 02:26:36 PM
 #29

electrum wallet........maybe it will help you. you try blockchain to download

Bitcoin-qt is the best for cold storage and blockchain.info for hot wallets electrum are for beginners.
Loophole
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November 11, 2014, 02:49:25 PM
 #30

electrum wallet........maybe it will help you. you try blockchain to download

Bitcoin-qt is the best for cold storage and blockchain.info for hot wallets electrum are for beginners.

Electrum is easy to use, but it is not only for beginners. It has a few benefits over bitcoin qt like the thin-client and deterministic feature. Electrum is pretty safe as well and offer 128bit entropy for the seed.

For cold storage, Armory and hardware wallet Trezor are great as well.

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