Bitcoin Forum

Other => Beginners & Help => Topic started by: Fatscrat on June 21, 2013, 10:47:43 AM



Title: Hi, I a newbie too, got a question
Post by: Fatscrat on June 21, 2013, 10:47:43 AM
Hi,

As a fresh newbie I started exploring the bitcoin world but I'm already stuck :s

I have set up a first wallet but normally you have 2 bottoms under the "The quickest and easiest way to deposit bitcoins into your account is to use the services below."- header right?

For example there is one bottom: "cash deposit". Does somebody has a clue why these bottoms aren't appearing? Would love to put at least some BTC fractions in my account.


Thx!


Title: Re: Hi, I a newbie too, got a question
Post by: silebe on June 21, 2013, 10:58:25 AM
I guess you meant "Button" ?
What app do you use as wallet?
Or are you using a website (online wallet)?


Title: Re: Hi, I a newbie too, got a question
Post by: Fatscrat on June 21, 2013, 11:07:26 AM
Yes, I meant botton, sorry.

I just made an online wallet at blockchain.info. I don't use any app.



Title: Re: Hi, I a newbie too, got a question
Post by: sadsaewqww on June 21, 2013, 01:52:36 PM
Correct me if im wrong, but I didn't think blockchain supported deposits anymore. You can try using coinbase or bitinstant. Coinbase supports direct bank transfers.


Title: Re: Hi, I a newbie too, got a question
Post by: naphto on June 21, 2013, 02:16:47 PM
Yes, I meant botton, sorry.

I just made an online wallet at blockchain.info. I don't use any app.



Yes, you have to buy btc somewhere else (like mtgox), and send them into your wallet.


Title: Re: Hi, I a newbie too, got a question
Post by: orymh on June 21, 2013, 03:01:47 PM
If you want to buy with cash, you can find someone in your area willing to accept cash on https://localbitcoins.com/ (https://localbitcoins.com/). If you're in the US, you can also use BitInstant: https://bitinstant.com (https://bitinstant.com).

If you're in the US and you have a checking or savings account, you can sign up at Coinbase (https://coinbase.com/?r=51a5b0d3867ba8db8e00000c (https://coinbase.com/?r=51a5b0d3867ba8db8e00000c)), link your account, and buy Bitcoins directly, then send them to your Blockchain.info wallet.

You can also get small amounts of BTC from various faucets and free sites, but the amounts are too small to buy anything with. They can help cover transaction fees, though, and if nothing else it's a free way to get some Bitcoins into your wallet just so you don't have a zero balance. There are lots and lots of free BTC sites. Here's a site that includes timers and links for a variety of free sites: http://coinfaucets.tk/ (http://coinfaucets.tk/).

I have a more elaborate write-up of some options for acquiring Bitcoins, including detailed walk-throughs for setting up on Coinbase or BitInstant, here: http://www.bit-buddy.com/acquiring-bitcoins.html (http://www.bit-buddy.com/acquiring-bitcoins.html).


Title: Re: Hi, I a newbie too, got a question
Post by: Fatscrat on June 21, 2013, 03:11:09 PM
Thank you guys for all the replies, this was really helpful :)

Won't be my last question though ;)


Title: Re: Hi, I a newbie too, got a question
Post by: J35st3r on June 21, 2013, 04:12:13 PM
You can also get small amounts of BTC from various faucets and free sites, but the amounts are too small to buy anything with. They can help cover transaction fees, though, and if nothing else it's a free way to get some Bitcoins into your wallet just so you don't have a zero balance. There are lots and lots of free BTC sites. Here's a site that includes timers and links for a variety of free sites: http://coinfaucets.tk/.

But if you try to spend all that free bitcoin dust it will bump up your transaction size which (on some clients, eg BlockChain.info) automatically increases your transaction fee. You end up spending more real BTC in order to send all that worthless dust!  :'( Just don't let it into your wallet in the first place. :-\


Title: Re: Hi, I a newbie too, got a question
Post by: orymh on June 21, 2013, 04:35:17 PM
You can also get small amounts of BTC from various faucets and free sites, but the amounts are too small to buy anything with. They can help cover transaction fees, though, and if nothing else it's a free way to get some Bitcoins into your wallet just so you don't have a zero balance. There are lots and lots of free BTC sites. Here's a site that includes timers and links for a variety of free sites: http://coinfaucets.tk/.

But if you try to spend all that free bitcoin dust it will bump up your transaction size which (on some clients, eg BlockChain.info) automatically increases your transaction fee. You end up spending more real BTC in order to send all that worthless dust!  :'( Just don't let it into your wallet in the first place. :-\

That's why I advocate using that dust strictly to cover transaction fees for more significant transactions. (I use Electrum most extensively, and in Electrum, it's easy to manually set your desired fee for each transaction.) As long as you're not obsessing over the balances of each of your individual addresses, everything will trickle into change addresses anyway. There's no need to shuffle the dust around manually.

So yeah, it can be a pain in the ass to deal with dust from free sites, but it doesn't have to be.