Topic: bitcoin-qt help (Read 793 times)

Quote from: RodeoX on June 17, 2014, 02:32:52 PM

Quote from: shorena on June 17, 2014, 02:49:01 PM

Alright, so when I have up to date blockchain , I just transfer from my blockchain.info address to the address that Is created at my receiving addresses?

That's it! And as mentioned. You could send now and when the block your transaction is in gets downloaded the balance will appear. I'm not to familiar with blockchain.info, but if you can send a fee you should. The current rate is like 0.0001
Without a fee it will very likely go through, but the fee expedites things.

Could you please answer to my "EDIT" question and also If I receive my bitcoins from blockchain.info to 5 different addresses my balance on bitcoin qt will show total sum of all bitcoins I have on all the addresses? And If I want to send funds to other person he would receive the funds equally spread from all my 5 addresses?

You could create an address and use it a bunch, it will work. However it starts to get hard to keep track of all the money when they keep going through the same address. There is also a privacy issue. Suppose I pay you with that address. Like anyone, I can check the balance of that "addy" at blockexplorer.com or elsewhere. If you use a new addy each time then no one will know your balance because it will be spread across a bunch of seemingly unrelated addresses. A business might value this more than you. And some businesses go with one addy per customer, for example. For an individual it may not matter much, but it does help with book keeping. Does that help?

Ok, got It, thanks.

Quote from: oureptsC on June 17, 2014, 02:45:31 PM

-snip-
Thanks for your detailed explanation. So It can generate 100 addresses maximum? So when you have done 100 transaction you have to use the same addresses over again for the second, third time ect..?

Sorry if that was confusing. No it just has allready made you 100 addresses. It can make as much as you want.

Thank you, understood

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: oureptsC on June 17, 2014, 02:45:31 PM

-snip-
Thanks for your detailed explanation. So It can generate 100 addresses maximum? So when you have done 100 transaction you have to use the same addresses over again for the second, third time ect..?

Sorry if that was confusing. No it just has allready made you 100 addresses. It can make as much as you want.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: RodeoX on June 17, 2014, 02:32:52 PM

Quote from: shorena on June 17, 2014, 02:41:29 PM

Alright, so when I have up to date blockchain , I just transfer from my blockchain.info address to the address that Is created at my receiving addresses?

That's it! And as mentioned. You could send now and when the block your transaction is in gets downloaded the balance will appear. I'm not to familiar with blockchain.info, but if you can send a fee you should. The current rate is like 0.0001
Without a fee it will very likely go through, but the fee expedites things.

Could you please answer to my "EDIT" question and also If I receive my bitcoins from blockchain.info to 5 different addresses my balance on bitcoin qt will show total sum of all bitcoins I have on all the addresses? And If I want to send funds to other person he would receive the funds equally spread from all my 5 addresses?

You could create an address and use it a bunch, it will work. However it starts to get hard to keep track of all the money when they keep going through the same address. There is also a privacy issue. Suppose I pay you with that address. Like anyone, I can check the balance of that "addy" at blockexplorer.com or elsewhere. If you use a new addy each time then no one will know your balance because it will be spread across a bunch of seemingly unrelated addresses. A business might value this more than you. And some businesses go with one addy per customer, for example. For an individual it may not matter much, but it does help with book keeping. Does that help?

oureptsC

full member

Activity: 196

Merit: 100

-snip-
EDIT: Also why should I create new receiving address each time? Why I can't use the same addres to receive bitcoins each time just like on blockchain.info?

You can use the same address. It improves your privacy and security slightly if you make a new address for every new input.

-snip-
there is already address added but I didn't add anything, so It ok to use that address?

Yes, you can use this address. But you can only spend the coins if you wait untill bitcoin-core has fully downloaded the blockchain. You can however see the transaction on any other blockexplorere (like blockchain.info etc.)

And each time I create new label new random address adds up but I can't choose myself the address.

The wallet has 100 addresses generated for you and is showing them one after another. "choosing" an address is not easy. See vanitygen for that. It will use your CPU power to try to make a very specific address. Which can take ages depending on what you want, just stick with random Wink

-snip-
also If I receive my bitcoins from blockchain.info to 5 different addresses my balance on bitcoin qt will show total sum of all bitcoins I have on all the addresses?

Yes, the wallet total will show the sum of all addresses. Or to be more precice of all unspend inputs.

And If I want to send funds to other person he would receive the funds equally spread from all my 5 addresses?

No the wallet will pick smart which address to use or you can enable "coin control" (see: settings -> options -> display -> [] display coin control features (experts only))

Coin control allows you choose which inputs ("receiving address") to use as an output when you send coins.

Thanks for your detailed explanation. So It can generate 100 addresses maximum? So when you have done 100 transaction you have to use the same addresses over again for the second, third time ect..?

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

-snip-
EDIT: Also why should I create new receiving address each time? Why I can't use the same addres to receive bitcoins each time just like on blockchain.info?

You can use the same address. It improves your privacy and security slightly if you make a new address for every new input.

-snip-
there is already address added but I didn't add anything, so It ok to use that address?

Yes, you can use this address. But you can only spend the coins if you wait untill bitcoin-core has fully downloaded the blockchain. You can however see the transaction on any other blockexplorere (like blockchain.info etc.)

And each time I create new label new random address adds up but I can't choose myself the address.

The wallet has 100 addresses generated for you and is showing them one after another. "choosing" an address is not easy. See vanitygen for that. It will use your CPU power to try to make a very specific address. Which can take ages depending on what you want, just stick with random Wink

-snip-
also If I receive my bitcoins from blockchain.info to 5 different addresses my balance on bitcoin qt will show total sum of all bitcoins I have on all the addresses?

Yes, the wallet total will show the sum of all addresses. Or to be more precice of all unspend inputs.

Quote from: RodeoX on June 17, 2014, 02:32:52 PM

And If I want to send funds to other person he would receive the funds equally spread from all my 5 addresses?

No the wallet will pick smart which address to use or you can enable "coin control" (see: settings -> options -> display -> [] display coin control features (experts only))

Coin control allows you choose which inputs ("receiving address") to use as an output when you send coins.

oureptsC

full member

Activity: 196

Merit: 100

Alright, so when I have up to date blockchain , I just transfer from my blockchain.info address to the address that Is created at my receiving addresses?

That's it! And as mentioned. You could send now and when the block your transaction is in gets downloaded the balance will appear. I'm not to familiar with blockchain.info, but if you can send a fee you should. The current rate is like 0.0001
Without a fee it will very likely go through, but the fee expedites things.

Could you please answer to my "EDIT" question and also If I receive my bitcoins from blockchain.info to 5 different addresses my balance on bitcoin qt will show total sum of all bitcoins I have on all the addresses? And If I want to send funds to other person he would receive the funds equally spread from all my 5 addresses?

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: RodeoX on June 17, 2014, 02:25:26 PM

Alright, so when I have up to date blockchain , I just transfer from my blockchain.info address to the address that Is created at my receiving addresses?

That's it! And as mentioned. You could send now and when the block your transaction is in gets downloaded the balance will appear. I'm not to familiar with blockchain.info, but if you can send a fee you should. The current rate is like 0.0001
Without a fee it will very likely go through, but the fee expedites things.

oureptsC

full member

Activity: 196

Merit: 100

Quote from: RodeoX on June 17, 2014, 01:51:56 PM

I have a wallet at blockchain.info and I would like to transfer It to bitcoin core qt so my funds would apear on my bitcoin core qt, how do I do that?

First i would download the blockchain. You can get it from a trusted source, as above, or just wait and let bitcoin-QT download the whole thing. It may take days, but you don't need to do anything except wait for synchronization.
Once you are caught up you can go to "receiving" in QT and create a new receiving address. That address is what you want. If you send bitcoin from blockchain.info to that address it will show up in your QT wallet. If you send it before you are synchronized it will still work, but you wont see the balance in qt until your synced.

P.S. once you have transferred funds to QT you should make a backup copy of your wallet.dat file.
That's all.

Thanks for this explanation, I will probably download blockchain because I see It will take week or even more to synchronize everything and I went to receiving addresses and there is already address added but I didn't add anything, so It ok to use that address?

Yes. By default it creates your first receiving address. It is also worth the time to label the address. Maybe something like "transfer from blockchain.info". There is no hard rule about addresses, but you may want to consider creating a new one for each transfer of bitcoin.

Alright, so when I have up to date blockchain , I just transfer from my blockchain.info address to the address that Is created at my receiving addresses?

EDIT: Also why should I create new receiving address each time? Why I can't use the same addres to receive bitcoins each time just like on blockchain.info?

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: RodeoX on June 17, 2014, 01:51:56 PM

Quote from: RodeoX on June 17, 2014, 01:51:56 PM

I have a wallet at blockchain.info and I would like to transfer It to bitcoin core qt so my funds would apear on my bitcoin core qt, how do I do that?

First i would download the blockchain. You can get it from a trusted source, as above, or just wait and let bitcoin-QT download the whole thing. It may take days, but you don't need to do anything except wait for synchronization.
Once you are caught up you can go to "receiving" in QT and create a new receiving address. That address is what you want. If you send bitcoin from blockchain.info to that address it will show up in your QT wallet. If you send it before you are synchronized it will still work, but you wont see the balance in qt until your synced.

P.S. once you have transferred funds to QT you should make a backup copy of your wallet.dat file.
That's all.

Thanks for this explanation, I will probably download blockchain because I see It will take week or even more to synchronize everything and I went to receiving addresses and there is already address added but I didn't add anything, so It ok to use that address?

Yes. By default it creates your first receiving address. It is also worth the time to label the address. Maybe something like "transfer from blockchain.info". There is no hard rule about addresses, but you may want to consider creating a new one for each transfer of bitcoin.

oureptsC

full member

Activity: 196

Merit: 100

I have a wallet at blockchain.info and I would like to transfer It to bitcoin core qt so my funds would apear on my bitcoin core qt, how do I do that?

First i would download the blockchain. You can get it from a trusted source, as above, or just wait and let bitcoin-QT download the whole thing. It may take days, but you don't need to do anything except wait for synchronization.
Once you are caught up you can go to "receiving" in QT and create a new receiving address. That address is what you want. If you send bitcoin from blockchain.info to that address it will show up in your QT wallet. If you send it before you are synchronized it will still work, but you wont see the balance in qt until your synced.

P.S. once you have transferred funds to QT you should make a backup copy of your wallet.dat file.
That's all.

Thanks for this explanation, I will probably download blockchain because I see It will take week or even more to synchronize everything and I went to receiving addresses and there is already address added but I didn't add anything, so It ok to use that address? And each time I create new label new random address adds up but I can't choose myself the address.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!