Topic: Can I receive bit coin as soon as I download a wallet? - page 2. (Read 2294 times)
Wondering that myself
Cool! It just showed up.
It did take me 12 hours to download all the blocks though. Isn't this going to become a huge issue for new users a couple of years from now when it takes days to download all the blocks? What if BTC is still around 100 years from now? How long will it take then?
It did take me 12 hours to download all the blocks though. Isn't this going to become a huge issue for new users a couple of years from now when it takes days to download all the blocks? What if BTC is still around 100 years from now? How long will it take then?
I don't understand: do you need 130,000 blocks to start receiving bitcoin? ( i have 90,000 now)
I opened a wallet and sent 1BTC from Virwox.com to my bitcoin address and nothing happened. I did not receive my bitcoin and it says "0 transactions". Did I just waste $20??? HELP
I opened a wallet and sent 1BTC from Virwox.com to my bitcoin address and nothing happened. I did not receive my bitcoin and it says "0 transactions". Did I just waste $20??? HELP
Well every transaction has to be included in the next blocks found on the network. Your client is downloading all of them from the very beginning. It doesn't know yet about any transaction but it probably will as soon as your client is catching up. You should really consider reading into the technical aspects of bitcoin anytime soon. The wiki is a good start. https://en.bitcoin.it/wiki/Main_Page
If i have understood correctly, then yes, you will first have to download all blocks, because these contain the history of bitcoin. So if virwox made your transaction at the 131431. block, then you will first have to download every block before it to reach your transaction. Don't worry, once it happens (usually 2-3 hours), it won't take long afterwards.
I don't understand: do you need 130,000 blocks to start receiving bitcoin? ( i have 90,000 now)
I opened a wallet and sent 1BTC from Virwox.com to my bitcoin address and nothing happened. I did not receive my bitcoin and it says "0 transactions". Did I just waste $20??? HELP
I opened a wallet and sent 1BTC from Virwox.com to my bitcoin address and nothing happened. I did not receive my bitcoin and it says "0 transactions". Did I just waste $20??? HELP
130.000 is already pretty close to the current block number. Just wait for it to complete (131313 blocks currently).
I downloaded a wallet last night and its up to just over 130,000 blocks as of now
I also went to http://faucet.bitcoin.st/ last night and got my .01 BTC for free. I did this before all the blocks have been downloaded...so does this mean that I will not get the .01BTC or will I get it later once I have all the blocks? Its taking me about 12 hours to reach 130,000 blocks is this normal?
I also went to http://faucet.bitcoin.st/ last night and got my .01 BTC for free. I did this before all the blocks have been downloaded...so does this mean that I will not get the .01BTC or will I get it later once I have all the blocks? Its taking me about 12 hours to reach 130,000 blocks is this normal?
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