No, you do not. However, the BTC will not post until all of the data is sync'd
Which, I found out the hard way: Depending on your comp, client, and amount of time since last downloading the blockchain, can take a FRUSTRATINGLY looooong time to sync
Topic: Do I have to open the bitcoin client to receive BTC from others? (Read 6035 times)
Which, I found out the hard way: Depending on your comp, client, and amount of time since last downloading the blockchain, can take a FRUSTRATINGLY looooong time to sync
November 20, 2012, 09:45:30 PM
No, you do not. However, the BTC will not post until all of the data is sync'd
Which, I found out the hard way: Depending on your comp, client, and amount of time since last downloading the blockchain, can take a FRUSTRATINGLY looooong time to sync
then stick to blockchain wallet
November 20, 2012, 05:06:22 PM
No, you do not. However, the BTC will not post until all of the data is sync'd
Which, I found out the hard way: Depending on your comp, client, and amount of time since last downloading the blockchain, can take a FRUSTRATINGLY looooong time to sync
November 16, 2012, 02:07:13 AM
No, you do not. However, the BTC will not post until all of the data is sync'd
November 16, 2012, 02:04:17 AM
you will receive any Bitcoin sent to you - in the Blockchain.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
Really? So if you have a backup of a wallet.dat, and restore it to another installation of the client elsewhere, perhaps even another version of the client, it won't work?
It should, not sure what he was getting at.
Maybe, it has to be linked ot an up to date blockchain?
November 15, 2012, 05:34:55 PM
Well, you must be sure that the client sent that transaction to some other nodes... If it literally connected to 0 nodes and you close it then of course no, the transaction was not sent, obviously
November 15, 2012, 05:18:32 PM
If i am missing like 100 blocks and i open bitcoin client, send a transaction, then close it
is it already into the blockchain my transaction? or how long do i need to wait. assuming bitcion client opened and perhaps didn't establish any connections or that little thing didnt turn the wheel on bottom before i closed it.
is it already into the blockchain my transaction? or how long do i need to wait. assuming bitcion client opened and perhaps didn't establish any connections or that little thing didnt turn the wheel on bottom before i closed it.
you will receive any Bitcoin sent to you - in the Blockchain.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
Really? So if you have a backup of a wallet.dat, and restore it to another installation of the client elsewhere, perhaps even another version of the client, it won't work?
It should, not sure what he was getting at.
Maybe, it has to be linked ot an up to date blockchain?
you will receive any Bitcoin sent to you - in the Blockchain.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
Really? So if you have a backup of a wallet.dat, and restore it to another installation of the client elsewhere, perhaps even another version of the client, it won't work?
Thank you very much for all the replies above!
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Absolutely. This means that you can create a new wallet with new addresses while offline, record an address, encrypt the wallet, delete the original, put it in storage, and pay to it whenever you want and essentially be beaming money into your super secure bitcoin savings account.
Got it! Thanks for your suggestion.
BUT [caveat...]
computers and software being what they are (and what they've been in the past), "years" is a slippery concept.
if that's your plan, you'll want to keep an eye on the Bitcoin development process - it's possible that something could transpire which would render a very old 'wallet.dat' incompatible with a new version of the client, without a complicated update process. a major change in encryption, for example. or something entirely unforeseen.
don't just ignore it all for five or ten years, and expect it to work without some effort...
Thank you very much for all the replies above!
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Absolutely. This means that you can create a new wallet with new addresses while offline, record an address, encrypt the wallet, delete the original, put it in storage, and pay to it whenever you want and essentially be beaming money into your super secure bitcoin savings account.
Got it! Thanks for your suggestion.
Thank you very much for all the replies above!
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Absolutely. This means that you can create a new wallet with new addresses while offline, record an address, encrypt the wallet, delete the original, put it in storage, and pay to it whenever you want and essentially be beaming money into your super secure bitcoin savings account.
Thank you very much for all the replies above!
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Yes.
Thank you very much for all the replies above!
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.
It isn't quite right to say that you receive them when you download the block the tx was recorded in. It's more like that's when you find out that the coins are now in one of the addresses that you control. But the answer is the same, you don't need to be online when the coins are sent.
Yes. Transactions to the address are broadcast to the network and finally embedded in the block chain. Once you get online with your wallet in the future, you will download the blocks and receive any Bitcoins sent to the relevant addresses.
you will receive any Bitcoin sent to you - in the Blockchain.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
but it won't be in your wallet (i.e., it won't be spendable) until you run your client and download the Blockchain into it.
No, you can receive bitcoins at your address any time. Your client does not need to be online. Once you return online, you will see the transactions appear after a few minutes.
For security, I want to encrypt my wallet.dat, delete the plaint text one, and store the encrypted one in safe place. As a result, I can't keep the client running with this wallet. I wanna know, can I still receive BTC with the address of the wallet?
Sorry for my bad English.
Sorry for my bad English.
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