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What are some of the things that would make bitcoin better and more accepted?

More trade... more trust... more btc 'banks'...? It is such a great system. It just needs to go main stream. Any thoughts?
Liberty's user avatar
  • 59
6 votes
2 answers
164 views

Can Bitcoin help charitable organisations ensure payments go to the right people?

One common problem when organisations, such as charities or governments, donate money to good causes is that it becomes very hard to track where the money went. For example, there are accusations of ...
Gary's user avatar
  • 7,543
16 votes
5 answers
2k views

Why have prices fallen so drastically around October 2011?

Any idea why bitcoin prices have fallen so in September and October of 2011? It seems like back in August, one bitcoin cost about US$17, whereas in late October, it's just somewhat over US$2.
Michael Hardy's user avatar
11 votes
3 answers
668 views

What is the absolute minimum amount of information required to have access to a bitcoin balance and or a wallet file?

As far as I gather a wallet can remain offline indefinitely transactions are being sent to it. The network will keep track of the transaction so that the next time it is connected it will catch up. ...
barrymac's user avatar
  • 1,605
8 votes
2 answers
774 views

Why isn't there a fast blockchain update inside a LAN behind a router between two Bitcoin clients?

This is the scenario: 2 computers on a LAN with private IPs (192.168.X.X) router forwards port 8333 only to one of them (the 2nd one). one computer has the full blockchain updated in its Bitcoin ...
thedrs's user avatar
  • 319
9 votes
1 answer
187 views

Is there a way to publicly raise Bitcoin funds?

What services are available to publicly raise Bitcoin funds? I'm considering setting up a Bitcoin fund that would accept BTC donations. If the fund doesn't reach a certain value after a time, I'd ...
ACyclic's user avatar
  • 427
9 votes
3 answers
3k views

Pool Hopping Math

It's been discussed and argued at great length whether pool hopping is ethical, but there is no debate about whether it works - I even have some first hand experience that says it increases mining ...
David Perry's user avatar
  • 14.3k
15 votes
3 answers
2k views

What could be the consequences of many bitcoins being lost out of circulation if people lose their wallets?

If for some reason many people lose their wallet files then many bitcoins are effectively taken out of circulation. Seen as it's not possible to tell as far as i know if bitcoins are actually ...
barrymac's user avatar
  • 1,605
12 votes
4 answers
931 views

What software and skills do I need?

Never having owned bitcoins I don't know how bitcoin wallets work and I'm wondering: if I buy bitcoins, what will I need to know about the software involved, and where should I keep my bitcoin wallet? ...
Michael Hardy's user avatar
5 votes
1 answer
106 views

Does the client broadcast it's version? Is it possible to determine which version of client are in use?

When the client communicates to other clients does it transmit its version? If so is it only on certain communications (i.e. originated transactions)? Can this data be captured? I would be ...
DeathAndTaxes's user avatar
45 votes
3 answers
16k views

Why does Bitcoin send the "change" to a different address?

For example I have an address (A) with 20 BTC and send 9 BTC to address (B). Bitcoin will create a "change" portion of the transaction where the remaining 11 BTC goes to address (C). Why not send ...
DeathAndTaxes's user avatar
16 votes
6 answers
37k views

Can gaming consoles be used as a Bitcoin mining platform?

I'm very new to the concept of Bitcoin (having only just read the wikipedia entry and visited bitcoin.org) My question is this: why is the mining platform limited to PC/ traditional computing devices?...
Dani's user avatar
  • 263
19 votes
4 answers
4k views

Is there a historical timeseries of market depth & transactions available?

Has anyone stored the historical market depth & tick data from MtGox? Is it available publically? Would be useful if you were making a bot.
ACyclic's user avatar
  • 427
6 votes
4 answers
2k views

Is it possible to forward bitcoins without the private keys?

According to this question, there isn't an easy way to automatically send bitcoins from one address to another and I think that it might be useful. So I thought about creating a website were people ...
nmat's user avatar
  • 11.5k
11 votes
6 answers
704 views

Could the price drop between July and September 2011 have been caused by a bot?

In July 2011, 1 BTC was trading at above $10 USD. By September, the price of 1 BTC had fallen over 50%, and at the time of writing (October 2011) 1 BTC is trading around $2.50 - $3.00 USD. In a forum ...
Josh's user avatar
  • 503
19 votes
4 answers
169k views

Can I damage my computer by mining bitcoin?

I have been mining Bitcoin for a while on a few systems, some CPU mining (which has proved to be basically useless) and some GPU mining. The GPU miners are workstations, which have midrange graphics ...
Josh's user avatar
  • 503
7 votes
4 answers
1k views

World-wide price for generating 1BTC

Can we find an algorithm to compute the average price (as energy consumption) of 1 BTC being generated if we know: hash rate, difficulty, energy price?
John's user avatar
  • 79
47 votes
8 answers
108k views

Where are the user's bitcoins actually stored?

On the person's computer? On bitcoin.org? :) Where does that information reside that tells others and me how much bitcoins I have? I assume it can't be on my PC because I could easily hack the file ...
Alex's user avatar
  • 568
1 vote
1 answer
1k views

OS X 10.7 - Where is Bitcoin data stored? [duplicate]

Possible Duplicate: Is there wallet.dat for OSX? Upgrading my HD; clean install and I want to copy the wallett etc from old hard drive. What do I need to copy? Thanks in advance.
user579's user avatar
  • 19
8 votes
1 answer
792 views

What is op_eval?

I have been hearing a lot lately about "OP_EVAL", what is it? Gavin has mentioned it here: http://sourceforge.net/mailarchive/forum.php?thread_name=201110130938.35014.luke%40dashjr.org&...
Alex Waters's user avatar
  • 3,171
7 votes
3 answers
2k views

Who controls Solidcoin's special millionaire accounts?

Solidcoin takes the following approach to preventing the 51% attack: As with existing cryptocurrencies, SolidCoin 2.0 stores transactions in a "block chain" which is essentially what it ...
Thilo's user avatar
  • 4,751
3 votes
2 answers
79 views

Where should one suggest new terminology?

What is the proper place to suggest Bitcoin-related terminology that one believes should be used by the community? For example, when one wants to standardise some terms people use to describe ...
ThePiachu's user avatar
  • 42.9k
10 votes
4 answers
476 views

What is the collective name for Bitcoin, Namecoin, etc?

Is there some standard term to describe all Bitcoin-like internet currencies, like Solidcoin, Namecoin and so forth? Like "currency" is to dollar, euro, yen, etc?
ThePiachu's user avatar
  • 42.9k
6 votes
1 answer
1k views

Is an Xcode project for the Mac Bitcoin client available?

If someone wants to mod the Mac Bitcoin client for their own purposes (e.g. reskinning or development of a client with extra features), is there somewhere they could download the existing Xcode ...
Jay's user avatar
  • 714
9 votes
2 answers
51k views

What options are there to combine mining over multiple computers?

Assuming you have multiple (30+) computers, what options are there available to do a distributed solo-mine? Can I have them all checking into one bitcoin application over the network, or do I need to ...
kiyote's user avatar
  • 93
17 votes
1 answer
1k views

Speed of operations in the Bitcoin network

Did anyone measure how fast transactions spread through the Bitcoin network? For example, how long does it take for a newly generated block to be propagated to most active clients? Mainly asking this ...
ThePiachu's user avatar
  • 42.9k
12 votes
4 answers
8k views

Who controls the Bitcoin software?

Is there anything comparable to a "board of directors" for Bitcoin or is the software on complete cruise-control?
Dale's user avatar
  • 327
16 votes
3 answers
1k views

What are the advantages/disadvantages of a continuously decreasing block reward compared to the current method?

The current method to control the bitcoin supply to a maximum of 21 million BTC is to reduce the block reward (currently 50 BTC/block) by 50% every 210000 blocks. In this forum post there is a ...
kirian's user avatar
  • 3,279
7 votes
3 answers
3k views

Largest number of bitcoins at a single address at one time?

What is the largest number of bitcoins that were stored in a single address at any one time to date? I know there were >474320 BTC at this address at 2011-07-18 (identified to be MtGox's from the 424 ...
kirian's user avatar
  • 3,279
5 votes
2 answers
10k views

Bitcoin alternative designed for NVIDIA

Currently the best graphics cards to mine Bitcoins are all AMDs. What should be changed in the Bitcoin protocol to make the alternative version of Bitcoins better mined by NVIDIA graphics cards? Could ...
ThePiachu's user avatar
  • 42.9k
1 vote
1 answer
248 views

What does the Bitcoin community need the most now? [closed]

The Bitcoin project has grown many-fold since its creation, but since we haven't taken over the world yet, there is still some room for growth;). Is there some consensus on what does the Bitcoin ...
ThePiachu's user avatar
  • 42.9k
16 votes
5 answers
4k views

What is the status on webminers?

Are there any ongoing projects trying to develop a widely accessible WebCL-powered mining software? I've heard of two in the past, but their websites don't seem to be working any more.
ThePiachu's user avatar
  • 42.9k
8 votes
2 answers
462 views

Which Namecoin block was the first one to be generated by merged mining?

For a definitive record is it possible to determine if a namecoin block was generated via merged mining? Is so which was the first one. Which is the first bitcoin block to have namecoin information ...
DeathAndTaxes's user avatar
18 votes
6 answers
2k views

Has anyone attempted to make a working voting system using a bitcoin based system?

It occurred to me the other day that the difficult problem of electronic voting could possibly be solved quite nicely using a bitcoin system. I believe it's transparent enough to be trusted. I found a ...
barrymac's user avatar
  • 1,605
10 votes
2 answers
691 views

Can I hide my IP address by blocking incoming connections in the client?

I know that it is possible to find out the IP address of a transaction by connecting the client to every node in the network. Dan Kaminsky wrote: When you are connected to every node, the first ...
nmat's user avatar
  • 11.5k
10 votes
2 answers
332 views

What are acausal blocks?

In this forum post the poster (2112) writes: It is my understanding that at least Eligius pool isn't a "honest node" and intentionally produces acausal blocks (or at least as close to ...
kirian's user avatar
  • 3,279
21 votes
1 answer
1k views

Gaming the "off-by-one" bug (difficulty re-target based on 2015 instead of 2016 block time span)?

In this forum post from Gavin Andresen he writes: Second: I've written 'discourage blocks' infrastructure: https://github.com/gavinandresen/bitcoin-git/tree/discourageblocks (code reviews ...
kirian's user avatar
  • 3,279
7 votes
2 answers
1k views

Can an SMPPS (Shared Maximum Pay Per Share) pool be hopped?

I've looked at the way SMPPS (Shared Maximum Pay Per Share) payout schemes work, and as far as I can tell, there is no significant way to hop such a pool to advantage. Yet I've seen several people ...
David Schwartz's user avatar
43 votes
2 answers
80k views

What is a share? Can I find it while mining solo, or only when pool mining?

In mining, what is "a share"? When mining solo, do I "find shares"?
ripper234's user avatar
  • 26.5k
19 votes
2 answers
7k views

What happens if my transaction is not accepted because I did not pay fees?

I was reading this thread about a client fork that does not force transaction fees and I noticed the big red warning saying that some coins might get lost if I am not careful. What does this mean? ...
nmat's user avatar
  • 11.5k
5 votes
2 answers
5k views

What does "PROOF OF WORK RESULT: false (booooo)" mean when mining?

I'm mining (Litecoin miner, shouldn't matter) with minerd, and got this in the output: [2011-10-13 07:12:02] thread 1: 5524 hashes, 0.96 khash/sec [2011-10-13 07:12:02] thread 0: 5415 hashes, 0.95 ...
ripper234's user avatar
  • 26.5k
17 votes
4 answers
9k views

Is there a way to automatically send bitcoins from one wallet to another?

Say I have 2 wallets, an older non-encrypted one and a fresh new encrypted wallet with all new addresses. If I have an address in the older wallet that may receive some bitcoins in the future is there ...
kirian's user avatar
  • 3,279
6 votes
1 answer
743 views

`bitcoind` must be different from `bitcoin -server` because one gives an error message the other doesnt

Although the API reference implies that running bitcoin -server is the same as running bitcoind, I get no error message when running bitcoin -server with no bitcoin.conf file but I get teh following ...
Terrence Brannon's user avatar
17 votes
5 answers
5k views

Is there a way to initiate a payment request in bitcoin?

I'm writing a recurring billing system and I want to be able to contact a customer and request a certain amount of money. Is this possible via bitcoin? If not, could a URL be provided the customer so ...
Terrence Brannon's user avatar
15 votes
2 answers
2k views

What are Namecoins?

What are Namecoins exactly, how do they differ from Bitcoins, and how come one is able to merge mine them along with Bitcoins?
ThePiachu's user avatar
  • 42.9k
16 votes
1 answer
5k views

What is NTime rolling/nonce range? And what miners support it?

From Slush's pool's homepage: Pool now supports Long polling and NTime rolling. Older miners have many problems with those new features, which can negatively affect your rewards. Please update your ...
Sean Chapman's user avatar
  • 1,740
25 votes
7 answers
22k views

What Bitcoin Mixing/Laundry Services are availble today?

A Bitcoin Laundry or Mixing Service is a service that accepts BTC payments, and returns the same BTC amount, only from coins that are unassociated to the original BTC. It is a privacy service that ...
ripper234's user avatar
  • 26.5k
12 votes
3 answers
2k views

Can someone with 51% computing power earn more than he deserves?

See also What can an attacker with 51% of hash power do? This may have been discussed elsewhere, but I'm not sure what the answer is - if someone owns 51% of the hash power, can't he just ignore the ...
ripper234's user avatar
  • 26.5k
7 votes
4 answers
13k views

Is there a graph of Namecoin value over time?

Where can I find a chart (or even raw data) of Namecoin prices over time? NMC Watch doesn't seem to provide a link to historical data, just one day. In BTC? In USD?
ripper234's user avatar
  • 26.5k
13 votes
2 answers
2k views

Is "bitcoin" a countable noun?

Should "bitcoin" be used as a countable noun admitting a singular and a plural (so that one says "600 bitcoins are in this wallet") or as a mass noun, (like "water" or "money") (so that one says "How ...
Michael Hardy's user avatar

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