With my calculations, even with ~ 9 TH it is not very reasonable and profitable at all to start the mining  Anyone has done calculations, exact how much is needed for a good start ? And what is the best miner to buy ? Antminer S3 or other ? First, mining profitability depends on a couple of factors like expectation of future difficulty and electricity price. The same deal can be profitable to me but not to you. Also, I don't think there is a "minimum hashrate" to make mining profitable. If you don't have profit with a 1TH/s miner, buying 10 miners will just make your loss 10x larger. |
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Faucet are your best giveaway now.. no more giveaway allowed on bitcointalk..
Not true at all, AFAIK only altcoin giveaway is forbidden on bitcointalk. You can in fact find a dozen of running giveaways in https://bitcointalk.org/index.php?board=71.0, mainly from the casinos and gambling sites. Some requires a minimum activity level to be eligible, and some includes a rollover requirement. |
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If op wants to became a milionaire simply by entering bitcoin world it is not the time. You could do this like 5 years ago tho... No bitcoin is more stable and we won't see any high peak anymore.
Correct.. me, I will not risk everything I have for btc.. The thing is bitcoin is not under the government and if government will go against btc then we are fffed up. Isn't that exactly why we have faith in bitcoin, that governments can't control the decentralized bitcoin protocol, network and transaction? |
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Hello, I'm just interested if is it possible or there is some catch. I see that price of BTC on stocks is different (of course) but the difference is big enough to make money with just buying on one stock and selling on the other one. So my Q is what's the catch? I already checked fees and still it's should be ok. I've never trade BTC (yet) so correct me if I'm wrong or there is only classic risks like falling price.. I check price @ http://bitcoincharts.com/markets/currency/USD.html Thanks in advance for your time. Are you talking about day-trading, meaning selling multiple times a day and using even slight price swings, or are you talking about arbitrage, and using the different prices on different exchanges? The catch is that you can't get the BTC or even money fast enough from one exchange to the other. And day-trading is difficult since you never know that your trades are the right ones... Judging from his description, I guess he was thinking about arbitraging rather than day-trading. Anyway, he has disappeared from bitcointalk the next day after creating this thread... |
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By the look of some lending threads most newbies think they can get there 1st bitcoins by taking out a loan.
Don't try this if your a newbie because no matter how many try no newbies gets a loan and you might be hit with bad rep by some members.
True. No one will send his bitcoin to a random new user asking for loan. Unless you are an established bitcointalk user or can offer good collateral (for example, 110% LTC), the chance for you to get a loan is very close to 0. |
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Hi, there is not so much to do with such a small amount, you can try gamble (risk of losing all). Dice or I like the luckyb.it
or sign in some hyip program (check my signature) but at your own risk.
The minimum amount you can invest in the site is $20, so 0.005 btc isn't going to work. But he can join the signature campaign in a few posts, and go from there. Some HYIPs have a lower minimum investment. You may find them in the gambling section, but I would rather suggest you to stay away from it. For signature campaign, you can join one even at newbie rank, though the pay would be slightly better at jr member rank. |
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It seems the lowest multiplier I can set is 1.02x and the highest one is 9850x.
Instead of showing "Error: Invalid multiplier.", I think you should mention the valid range instead.
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Yep, localbitcoins is quick just find local seller, and meet him personally. Aren't there any BitcoinATM in Istanbul? google it
There is indeed a Bitcoin ATM located in the Instanbul Ataturk Airport http://www.travelersbox.com/#mapBut from the site description, it seems to be just a one way (selling bitcoin) ATM... |
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I have tried dragon's tale long time ago when I first entered bitcoin gambling, but to be honest I am never a fan of it.
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+1 for localbitcoins. Just go there to find a buyer in Istanbul willing to pay cash, and have fun with your new bitcoin friend.  BTW, travelling around the world with just bitcoin is a brilliant idea. EDIT: fixed a typo. |
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What wallet are you using? Your wallet error.
He is using Armory, and the problem has been solved already. You should re-read post #10 and #14 in this thread. |
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I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
Investing in stock: The stock price may go down. Investing in casino: The site may be closed or hacked, or the site may get loss after your investment. Day-trading in bitcoin or altcoin: The bitcoin or altcoin price may go down. Lending: The borrowers may be gone, or the value of collateral may go down. |
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By the way its not possible
30min and earn 0.003 btc
It is possible if you have as many referrals as he does.  IMO, faucets aren't worth your time unless you have the ability to get a lot of ref. |
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Coinbase,i prefer online wallets,because physical wallets take long time to load.
You can use a thin client like Multibit or Electrum, so that you won't need to download the whole 20+ GB blockchain files. Just download the latest version from the official site, and you can get your wallet ready within a minute or two. |
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I'm writing an article for CCN on how you can start using Bitcoin. As this is meant to help new people get started in the Bitcoin community, I'd like to hear what you would like to know about this topic. Please post your questions in this thread and I'll work to answer your questions in my guide. The link to my article will be posted here once it's been published. Thanks for your help!
The first 2 questions I wanted to know when I was a newbie are: How can bitcoin work in a decentralized way? What are the pros and cons of each of the popular wallet clients? |
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Hello, I'm just interested if is it possible or there is some catch. I see that price of BTC on stocks is different (of course) but the difference is big enough to make money with just buying on one stock and selling on the other one. So my Q is what's the catch? I already checked fees and still it's should be ok. I've never trade BTC (yet) so correct me if I'm wrong or there is only classic risks like falling price.. I check price @ http://bitcoincharts.com/markets/currency/USD.html Thanks in advance for your time. I have never daytrade but I am sure there is a huge profit as I see many people involved in the game.The volatility of the BTC Day-trading is a zero-sum game (before all kinds of fees). So when someone wins a lot in it, it means someone loses a lot at the same time. |
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My best guess is that you are using a wallet that uses new addresses for change.
Yes; To all who asked, I'm using the Armory client In that case, you should find addresses in your Armory client with the label "[[ Change received ]]." https://bitcoinarmory.com/about/faqs/Why is there a "[[ Change received ]]" address listed in my wallet?
When you create a bitcoin (BTC) transaction, it's much like spending cash at a merchant. When you pay more for an item than it costs, you are returned the excess payment or “change.” Here's how it works.Alice has 10 BTC in her wallet and wants to send 2 BTC to Bob. Alice doesn't have a wallet with exactly 2 BTC, so when she creates the transaction and selects “send,” Alice actually sends the entire 10 BTC. However, the entire amount does not go to Bob.Instead, when the transaction was created, the Armory client automatically created the new unused “[[ Change received ]]” address for Alice because she is owed 8 BTC back in excess payment. It's normal for most wallet applications to select a change address for you. The change address is important because sending coins back to the original address reduces your privacy. The only time a change address is not used is if you have a previous transaction output that is exactly the same size as the recipient amount + fee. In other words, if you have exact change.
When the transaction is processed, Bob receives 2 BTC to his wallet address and the remaining 8 BTC return back to Alice's wallet using the next automatically generated address, with the label "[[ Change received ]]."
Change addresses are a normal part of wallet operation, and are intended to be mostly transparent to the user. They should not be treated differently than any other addresses. Ignore them. If you are an advanced user and wish to customize the change address behavior, you can do so when sending coins in "Expert Usermode". |
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