Silk Road forums

Discussion => Security => Topic started by: derft33 on August 11, 2011, 08:38 pm

Title: Where are my bit coins?
Post by: derft33 on August 11, 2011, 08:38 pm
Hey guys, I transferred my bitcoins from My Gox to a bitcoin wallet that I downloaded from this site http://www.bitcoin.org/ about two hours ago.  I told mt. gox to send them to the address that is listed on my wallet.  They still haven't shown up.  Should I be worried?
Title: Re: Where are my bit coins?
Post by: chronicpain on August 11, 2011, 08:44 pm
Do you seen any uncomfirmed? MT. Gox can take a long time sometimes, but usually when i send to my wallet, it shows up as an unconfimed transaction almost immediately. Is this your first transaction? You wallet will take some time to connect to everything when you first set it up. this is most likely the issue. How many connections do you have?

Is this your first transaction? if so, that is why its taking so long. I always recommend to download the wallet a day or so before transferring coins to it so it can do its "thang"...
Title: Re: Where are my bit coins?
Post by: derft33 on August 11, 2011, 09:02 pm
Yes, this is my first transaction.  I downloaded and installed the wallet several days ago though.  Right now it says that it has 8 connections, 1222 blocks, and 0 transactions.
Title: Re: Where are my bit coins?
Post by: HowardMarks on August 11, 2011, 09:08 pm
I'm having this problem as we speak I just sent BC from Mt.Gox to my wallet, I was worried until I saw your post, it seems to be normal, since transferring the fund to my BC Wallet I have 3 connections and 0 transactions.

So I guess it's just a waiting game. Hopefully we won't have to wait too long though :)
Title: Re: Where are my bit coins?
Post by: myolddutch on August 11, 2011, 09:34 pm
You will need to wait for your wallet to download all the blocks.

There are about 140000 blocks, so if your wallet says 1222 blocks you will just have to wait, but don't worry because as long as you sent coins to an address generated by your wallet, the transaction will happen. You just won't see it until your wallet has downloaded the block in which the transaction occurred.

Keep Bitcoin running overnight.
Title: Re: Where are my bit coins?
Post by: HowardMarks on August 11, 2011, 09:46 pm
You will need to wait for your wallet to download all the blocks.

There are about 140000 blocks, so if your wallet says 1222 blocks you will just have to wait, but don't worry because as long as you sent coins to an address generated by your wallet, the transaction will happen. You just won't see it until your wallet has downloaded the block in which the transaction occurred.

Keep Bitcoin running overnight.

Good to know, thanks mate  :)
Title: Re: Where are my bit coins?
Post by: bp on August 14, 2011, 01:23 am
Did you run Tor first? Is Bitcoin set to proxy?

I had that problem and I think that was it.
Title: Re: Where are my bit coins?
Post by: Gall Anonim on August 14, 2011, 04:37 am
You will need to wait for your wallet to download all the blocks.

There are about 140000 blocks, so if your wallet says 1222 blocks you will just have to wait, but don't worry because as long as you sent coins to an address generated by your wallet, the transaction will happen. You just won't see it until your wallet has downloaded the block in which the transaction occurred.

Keep Bitcoin running overnight.

+1!
I send some BC to a wallet on a new laptop and it didn't show up for hours :)

BTW bitcoin can be run through Tor Proxy, but as far as I know there's no benefit to that. Bitcoin does not record IPs, only source and destination wallets. Better yet, do not use a local bitcoin wallet for money you'll use on the SL. go to instawallet USING TOR and create a new throwaway wallet, send the money there, then to SL. If you use TOR to go to the instawallet everytime and remember to delete your browsing history, there's no proof you were in control of the coins! after all, the wallet ID from instawallet could have belonged to just about anyone.
Title: Re: Where are my bit coins?
Post by: BitShuffle on August 14, 2011, 05:16 am
If you have the bitcoin client, you can create as many throwaway addresses as you'd ever want to have.

Why would anyone use an on-line wallet?

- Bit
Title: Re: Where are my bit coins?
Post by: gotmilk on August 14, 2011, 05:24 am
You make total sense Bit. If the bitcoins dont record ip addresses then why even put them on a installwallet? sounds like an uneeded step.
Title: Re: Where are my bit coins?
Post by: Gall Anonim on August 14, 2011, 11:53 am
You make total sense Bit. If the bitcoins dont record ip addresses then why even put them on a installwallet? sounds like an uneeded step.

The answer is transaction history. If you look at the bitcoin client there's no way to drop a receiving address, so you can create all the throwaway wallets you want, but they are still present on your box, and in case of computer confiscation forensics can prove that you send money to you :)

You can of course wipe the address history by uninstalling the client and wiping (on most windows boxes) the following folder: C:\Users\USER_NAME\AppData\Roaming\Bitcoin

The idea of sending money through a wallet hosted outside of your machine is so that "I paid so and so for such and such" argument will fly in court. By using Tor to access the ourside wallet, the prosecution would be unable to prove it was you sending the money to yourself.

Gall

P.S. I assume everyone here is running whole disk encryption (or user folder encryption on Linux) software right? So that, you know, no one can read the content of our hard-drive right? There's a free one here: http://www.truecrypt.org/
Title: Re: Where are my bit coins?
Post by: BitShuffle on August 14, 2011, 01:38 pm
You make total sense Bit. If the bitcoins dont record ip addresses then why even put them on a installwallet? sounds like an uneeded step.

The answer is transaction history. If you look at the bitcoin client there's no way to drop a receiving address, so you can create all the throwaway wallets you want, but they are still present on your box, and in case of computer confiscation forensics can prove that you send money to you :)

You can of course wipe the address history by uninstalling the client and wiping (on most windows boxes) the following folder: C:\Users\USER_NAME\AppData\Roaming\Bitcoin

The idea of sending money through a wallet hosted outside of your machine is so that "I paid so and so for such and such" argument will fly in court. By using Tor to access the ourside wallet, the prosecution would be unable to prove it was you sending the money to yourself.

Gall

P.S. I assume everyone here is running whole disk encryption (or user folder encryption on Linux) software right? So that, you know, no one can read the content of our hard-drive right? There's a free one here: http://www.truecrypt.org/

Keep your wallet and your tor activities on an encrypted drive.
Title: Re: Where are my bit coins?
Post by: Gall Anonim on August 14, 2011, 03:30 pm
You make total sense Bit. If the bitcoins dont record ip addresses then why even put them on a installwallet? sounds like an uneeded step.

The answer is transaction history. If you look at the bitcoin client there's no way to drop a receiving address, so you can create all the throwaway wallets you want, but they are still present on your box, and in case of computer confiscation forensics can prove that you send money to you :)

You can of course wipe the address history by uninstalling the client and wiping (on most windows boxes) the following folder: C:\Users\USER_NAME\AppData\Roaming\Bitcoin

The idea of sending money through a wallet hosted outside of your machine is so that "I paid so and so for such and such" argument will fly in court. By using Tor to access the ourside wallet, the prosecution would be unable to prove it was you sending the money to yourself.

Gall

P.S. I assume everyone here is running whole disk encryption (or user folder encryption on Linux) software right? So that, you know, no one can read the content of our hard-drive right? There's a free one here: http://www.truecrypt.org/

Keep your wallet and your tor activities on an encrypted drive.

LOL, yea, TrueCrypt is my friend :)