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Showing 20 of 221 results by RobertRibbeck
I have Bitcoin-qt 8.3 + Windows 7 and no issues.
You, me and hundreds or thousands of other people who all can get it to work with no issues.
Lucky you
Won't work for me
I've uninstalled it re downloaded it and reinstalled several times
It just won't work
I reinstall 7 and it works fine
No, Bitcoin-qt doesn't work on Windows 7 at all. That's why I'm running it along with a P2pool node running off the backend of Bitcoin-qt. On Windows 7. It works perfectly on Windows 8 and Windows 8.1. It also works perfectly on Windows Vista.
Before you start talking shite, try fixing your install, your internet, or whatever is wrong with YOUR installation, and not with anyone else's.
There is NO PROBLEM with my instals my internet or anything else stating CRAP like that is just a slam
of an ignorant child guess you can't read that the old version worked fine
So much for NEW & improved
I've let bitcoin-qt (8.3) run for over a week & a half it's still 238 behind
I guess the windows version does NOT WORK
the mac version was all synced up in a couple days
the last version 7 synced up in a couple days
none of the version 8 for windows will sync on my windows 7, I've tried 8.1, 8.2 and 8.3
I guess the windows version does NOT WORK
the mac version was all synced up in a couple days
the last version 7 synced up in a couple days
none of the version 8 for windows will sync on my windows 7, I've tried 8.1, 8.2 and 8.3
Its true that it is perfectly rational for an individual to discard an address with 0.0002 BTC or less because it is insufficient to cover the fee for spending it or combining it with another balance.
If one million people do that then 1,000,000 x 0.0002 = 200 BTC will be lost from the bitcoin money supply.
If that happens each year, then the money supply will experience a resulting annual deflation of 200/11,000,000 = 0.00182%
Thats nothing to worry about IMO
If one million people do that then 1,000,000 x 0.0002 = 200 BTC will be lost from the bitcoin money supply.
If that happens each year, then the money supply will experience a resulting annual deflation of 200/11,000,000 = 0.00182%
Thats nothing to worry about IMO
at current price 200BTC is $24,000
transfer fees wil change -- dua WHEN - haven't yet
Actually they have already. In the new Bitcoin-QT version they have dropped 80% (from 0.0005 per KB to 0.0001 per KB) as they have before. In the first version (if I remember correctly, not a 100% sure) they where 0.01 per KB, so they have already dropped to 100th of their original and they will again if it becomes economical to accept lower fees (BTC price rises).
If Dust becomes worth anything it won't be dust any more.
When did this take place
the version I have which I thought was up to date is still saying .01 BTC / 1k
EDIT
ok my bad getting 8.2 now I had 8.1
UPDATE
8.2 helps I was able to transfer most of my dust down to .0005 BTC
SAY WHAT
there are no wallets with dust
what planet did you drop in from
there are no wallets with dust
what planet did you drop in from
I didn't say no wallets had dust, I said that there are none that will 'never ever' be able to be used simply because they are dust.
transfer fees wil change -- dua WHEN - haven't yet
Transfer fees will change when it makes sense for them to, don't be retarded. If 1 BTC reaches $10,000 for example, I predict that the minimum transaction size and the minimum fee would both be reduced.
they built in a limit to the number of coins but there is NO limit on the records of every bit of dust
And why would we need one? The dust eventually becomes valuable.
and we are no where near the number of coins yet
We are more than half-way to the maximum number of coins, don't act like we are just scratching the surface.
some time the records of each transaction will exceed the number of coins
This has already happened, and we already have a solution for when it gets too big. Ever heard of pruning the blockchain?
Stop trolling for a fight
name calling will not be tolerated and has been reported
I'm not sure what the value is now, but I would bet it is a fraction of a fraction of a percentage of the BTC market cap.
And I don't see how it is going to get worse. Once miners stop passing dust on for free, clients will have less incentive to try to use dust so there will be less dust accumulation.
http://bitcoin.lift-institute.com/killing-the-dust/
And I don't see how it is going to get worse. Once miners stop passing dust on for free, clients will have less incentive to try to use dust so there will be less dust accumulation.
http://bitcoin.lift-institute.com/killing-the-dust/
you just made my point with that link
its is a problem that is embedded in bit coin
Sorry, but I understand neither your logic nor arguments. Nor do I see anywhere in that link that makes your point. Here is the summary at the end:
Quote
Bitcoins were created as a money alternative, and no person in their right mind would demand to pay/receive half of a cent, or even less. If the value of bitcoin was to rise 10 fold, the dust threshold would certainly be lowered again to match the real value of bitcoins. We should welcome this change to the protocol as it will stabilize and secure the growth of the bitcoin network while it becomes more and more relevant in the real economy.
Which is quite the opposite conclusion that you have (that somehow the new dust prevention threshold will cause the end of bitcoin). Again, I'm open to debating a coherent argument but I just don't understand what your argument is. Walk me through step-by-step (pretend I'm a bit slow, because maybe I am) exactly how this is going to doom BTC.
they acknowledge there is a problem with dust ... fractional transfers
their answer is a ban on small transfers - essentially a boycott - which really does not eliminate the problem
and under lining the problem is that every wallet contains the record of every transaction ever made
there is no expire date no way to ferret out old data and keep things current
volumes and volumes of worthless information
I wonder how many wallets have coin dust that will set forever never being able to be circulated because of the transaction fee structure
The answer is none. If the value of Bitcoin rises high enough the dust will be worth transferring, and the fees will have fallen below the critical level to call those balances dust anymore.
SAY WHAT
there are no wallets with dust
what planet did you drop in from
transfer fees wil change -- dua WHEN - haven't yet
they built in a limit to the number of coins but there is NO limit on the records of every bit of dust
and we are no where near the number of coins yet
some time the records of each transaction will exceed the number of coins
I'm not sure what the value is now, but I would bet it is a fraction of a fraction of a percentage of the BTC market cap.
And I don't see how it is going to get worse. Once miners stop passing dust on for free, clients will have less incentive to try to use dust so there will be less dust accumulation.
http://bitcoin.lift-institute.com/killing-the-dust/
And I don't see how it is going to get worse. Once miners stop passing dust on for free, clients will have less incentive to try to use dust so there will be less dust accumulation.
http://bitcoin.lift-institute.com/killing-the-dust/
you just made my point with that link
its is a problem that is embedded in bit coin
I don't understand your argument. There is lots of dust out there, yes, but by definition the value of each piece of "dust" is so small that even if you added all the dust together its total value would not be large enough to impact the economics of bitcoin.
Care to speculate how many bit coins that dust is eating up now or will ?
My guess if it could be tallied the amount would surprise you
and it will only get worse
There is one fallacy that will doom the bitcoin
The ability to use a fraction of a coin down to the millionth
Then charging 20+ times over to transfer these small values
.01 btc per 1k transfer is ridicules to send to send half that amount of dust
those small bits of dust are already spread all over
I wonder how many wallets have coin dust that will set forever never being able to be circulated because of the transaction fee structure
The ability to use a fraction of a coin down to the millionth
Then charging 20+ times over to transfer these small values
.01 btc per 1k transfer is ridicules to send to send half that amount of dust
those small bits of dust are already spread all over
I wonder how many wallets have coin dust that will set forever never being able to be circulated because of the transaction fee structure
Re: Bitcoin Pyramid [Beta] - the oldest working pyramid?
I tried this before
No one ever joined to under me to pay any % back to
They just don't understand that without a deposit you get nothing
and micro coins are dust that is more bother than real
No one ever joined to under me to pay any % back to
They just don't understand that without a deposit you get nothing
and micro coins are dust that is more bother than real
You might not want to waste your time with Mr. RobertRibbeck. This isn't the first time he's gotten all worked up about the transactions fees and had them explained to him:
https://bitcointalk.org/index.php?topic=150291.0
He's been mining since 2011:
https://bitcointalk.org/index.php?topic=1976.msg181351#msg181351
I find it surprising that someone can be involved in bitcoin and active on this bitcoin discussion website for nearly two years and still not understand the basics of mining and transaction fees.
https://bitcointalk.org/index.php?topic=150291.0
He's been mining since 2011:
https://bitcointalk.org/index.php?topic=1976.msg181351#msg181351
I find it surprising that someone can be involved in bitcoin and active on this bitcoin discussion website for nearly two years and still not understand the basics of mining and transaction fees.
Ah back to cause trouble again ay danny boy
got troll elsewhere and stop ragging me
especially on MY TREAD
As a relative newcomer to the Bitcoin scene, I will allow myself to be guided by my betters, but I am still a bit upset that all those hours spent clicking on things on the free BTC websites produced payments that are worth far less in reality than I thought they would be.
Yes, I'd be pretty upset with the creators of those sites for luring me in with false hope as well if I were you.
They make no effort to educate their visitors to the limitations of the payouts they provide.
Let me get this straight
paying in fractional btc is not cool and reason to get upset
but charging 2 or more times the amount your are transferring for a minutes computer time to do the transfer is OK
guess I'll stop mining and just rob people to do transfers
It's not a minute's worth of computer time. Your transaction, all that dust being spent, will be stored by the network FOR EVER. Any time someone downloads a full blockchain for a brand new full-node, they will have to store and process that giant dust transaction. That is the reason the fees are what they are.
so the network does the work with their computers with no compensation
and the fee goes to who...
I gotta become the "who" get paid lots of bit coin for letting everyone else do the work
Are you trying to pick an argument, or are you truly asking a question here?
The fee goes to the miner who puts your transaction into the block chain.
no argument intended
just wondering how I might get paid for doing that
xfer fees are higher than mining profits
As a relative newcomer to the Bitcoin scene, I will allow myself to be guided by my betters, but I am still a bit upset that all those hours spent clicking on things on the free BTC websites produced payments that are worth far less in reality than I thought they would be.
Yes, I'd be pretty upset with the creators of those sites for luring me in with false hope as well if I were you.
They make no effort to educate their visitors to the limitations of the payouts they provide.
Let me get this straight
paying in fractional btc is not cool and reason to get upset
but charging 2 or more times the amount your are transferring for a minutes computer time to do the transfer is OK
guess I'll stop mining and just rob people to do transfers
It's not a minute's worth of computer time. Your transaction, all that dust being spent, will be stored by the network FOR EVER. Any time someone downloads a full blockchain for a brand new full-node, they will have to store and process that giant dust transaction. That is the reason the fees are what they are.
so the network does the work with their computers with no compensation
and the fee goes to who...
I gotta become the "who" get paid lots of bit coin for letting everyone else do the work
As a relative newcomer to the Bitcoin scene, I will allow myself to be guided by my betters, but I am still a bit upset that all those hours spent clicking on things on the free BTC websites produced payments that are worth far less in reality than I thought they would be.
Yes, I'd be pretty upset with the creators of those sites for luring me in with false hope as well if I were you.
They make no effort to educate their visitors to the limitations of the payouts they provide.
Let me get this straight
paying in fractional btc is not cool and reason to get upset
but charging 2 or more times the amount your are transferring for a minutes computer time to do the transfer is OK
guess I'll stop mining and just rob people to do transfers
Quote
If you send smaller transactions to yourself you can combine the dust transactions and create larger inputs.
OK, I've sent the largest amount that I was able (200 mBTC, with a fee of 16 mBTC) to a new address in my wallet. If I try to move any of the remainder, it will be largely eaten up by high fees.It seems to me that this problem is going to affect tens of thousands of users who are frantically collecting as much bitdust as they can from all the free BTC websites. They will end up with a large balance that will be difficult or impossible to spend.
It's not that simple
by 2040 when all coins have been produced transactions that small will be common
the current pay/transfer is way out of wack
demanding exorbitant fees for less than a min of computer time is a crime
Re: Bitcoin Pyramid [Beta] - the oldest working pyramid?
High price of BitCoin might be slowing people from playing the pyramid.. This could be the lowest price we could see BitCoin for a while.
wasn't any better when coins were 10-20 USD
Think i got it licked
upnp-port mapping is on by default --- Turn it OFF
that limits connections to 8
upnp-port mapping is on by default --- Turn it OFF
that limits connections to 8
bitcoin-Qt is using all my upload bw WHY?