Yeah sure you can do this, depending what you define as a small amount. On Poloniex for example, you can deposit as little BTC or altcoins as you like and start trading, they don't seem to have any minimum deposit requirements listed.
How much do you have to start trading with? If it's just dust it's obviously not going to be enough for the fees etc.
|
|
|
Are the odds of winning the slots jackpot visible somewhere?
There's this thing called maths. Using it, we come from 8 different possible results per wheel over 5 wheels and exactly 1 combination for a jackpot to a chance of 1 in 32768 [1/(8^5)] for a jackpot hit. First time I've heard of that, must be something I missed at school... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I just thought I remembered seeing a payout table with the odds of winning each combination, but must have been somewhere else. Still pretty amazing to win the jackpot two times with those odds.
|
|
|
Aha, I just found this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpasteboard.co%2FGWDg2sI.png&t=663&c=oXP_xIQ-qhS5NA) I haven't tested the settings, but this might be what we were looking for Its under Profile - Modify Profile - Notifications and EmailIn a thread, you can click notify on the top right corner (next to reply, quote, ...) to follow the thread You can also use "Notify" for entire forum sections, you'll receive an e-mail every time a new thread is added. Then also use notify for individual threads if you want to receive responses on that specific thread.
|
|
|
3 Slot Jackpots today, Congrats guys: Catch the winning spirit! What are the chances even that you'd win two slots jackpots in one day? Looking at the BetID's, MeatBall won his second one pretty soon after he'd won the first jackpot. Are the odds of winning the slots jackpot visible somewhere, I can only find the house edge in the FAQ?
|
|
|
I think you'd be surprised by how many people already use Bitcoin as a payment system, some people really have no other option than to use Bitcoin really. Bitcoin allows people who have no access to regular banking to send money to each other or pay for services.
I'm not only talking about people living in third world countries, a lot of minors/teens also use Bitcoin to make online purchases by trading giftcards for it and using the Bitcoins to buy games on Steam for example.
As it stands now, Bitcoin might not be suitable yet for micro-payments, but that's going to change once off-chain transactions become a thing, you'd be able to send a transaction for way lower fees than now.
In conclusion, Bitcoin will be the preferred method of payment for people who can't get a bank account or credit card, there are more people like that than you would think.
|
|
|
Payment received on time as usual, thanks a lot guys!
|
|
|
This was to be expected, I mean if you bought coins at Coinbase and weren't expecting this, you've been pretty oblivious to all the signs on the wall imo. They already lock your account for sending coins to addresses that they don't approve of, coin mixers or even casino's, just search on Google for stories.
If anything, I hope this will encourage more people to use decentralized exchanges, they aren't really too popular at the moment.
|
|
|
Yeah, I've always been kind of surprised that it has a lower market cap than Dash for example. I would think that Monero is a bit more loved by the community due to not having such a sketchy beginning as opposed to Dash.
I do hope they'll switch places in terms of adoption and market cap.
|
|
|
While I don't believe cryptos can be killed, pressure from the banks/Wall St can curb mass adoption. What do you think will be the finance sectors move against crypto?
How so? Do they even have some credibility left with the public? Have people forgotten about the financial crisis and the cause of it? Statements like this might have a temporary effect on the price, but it usually doesn't last too long these days. The last 2 weeks alone I've received more questions about Bitcoin from friends and family members than ever before. I do not receive questions when some CEO or Wallstreet investor makes a statement like this.
|
|
|
What's the point of this? You've listed some of the weirdest options that almost no-one would choose... It's fine that you want to know what people use their Bitcoin for, but you're not getting any serious answers by asking it in a way like this.
Not even an option for just using it as a long term investment, hodling without tripling it.
|
|
|
Do you mean Bitcoin Cash? Is there any other form of cash these days? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No, I mean from Bitcoin to fiat What country are you from? Perhaps you can use a local Bitcoin exchange to turn your Bitcoins into cash or vice versa? If you're new to Bitcoin, I would not recommend LocalBitcoins, but rather a bigger trusted exchange. You don't want to run the risk of getting scammed by someone who takes advantage because you're a new user. Have a look at Kraken or Coinbase for example, if you don't mind giving out some form of verification (picture of passport etc.)
|
|
|
It's certainly a big part of what makes a market healthy, if we didn't see a correction like this after such huge unmaintainable growth I'd be worried. What's even more interesting is seeing how the price will react after this small correction.
We've seen similar drops like this in the past couple of months and they lasted only for a couple of days, after which the price went up again. Luckily we haven't seen anything like back when Mt Gox went down, prices barely moved for a year after that.
|
|
|
Crypto-games. The only site where mods work hardest to keep players away and let the people collecting free money roam free. How does this attract new players (or investors)?
Care to elaborate further on that? I'm guessing you got called out for doing something against the rules in chat probably. I don't share your sentiment though and have been a paying player for years now, at least 50 BTC wagered in total. * Btw I also get called out by chat mods from time to time, I just deal with it :p
|
|
|
Well we can see a lot of ICOs related to poker. I think we will see a huge increase of poker rooms soon. However, I am not sure, but it looks that online poker is slowly losing its popularity, so maybe there isn't many interest in opening such sites/platforms. But after all, it's only my personal opinion.
I really doubt that we'll see any popular Bitcoin poker rooms popping up any time soon, the popularity of poker in general has been going down for a couple of years now. Combine that with the fact that there's only one really popular platform and it makes sense that no-one is willing to invest in opening up a poker website in Bitcoin. I'm also thinking that it's way easier and more profitable to just set-up a regular casino. You don't tend to make much money from the rake as a casino, especially not if you don't have too many active players. I'm sure Pokerstars makes quite a lot, but they are the largest.
|
|
|
Dash has been doing exceptionally good lately, but I don't think it will get in the top 3 any time soon, the competition is just way ahead. I do find it pretty fascinating that it is currently doing better than Monero.
Always thought that Monero was a bit more of a community favorite, so it's surprising that Dash is doing a lot better.
|
|
|
I don't think you'll have much luck here on the forum as a newbie, there's always a risk for the seller that you will chargeback. No-one would take that risk at a rate close to market value.
You could find someone on Paxful or buy Bitcoins through Virwox, it's possible to use Paypal, but the fees are pretty hefty
|
|
|
It all depends on how much money you need right now, if you're financially in a good spot, I would wait selling for sure. Maybe sell just one Bitcoin, but save the rest for a couple of years. You probably won't regret it, it's a good long term investment.
I'm also thinking that those 22 Bitcoins could make for a very nice pension later on, imagine what they would be worth then...
|
|
|
Of course Bitcoin casinos pay out, but it's easier on some casino's. There are a couple of casino's that require you to wait a few days before they send out the payment, it needs to get audited etc. I tend to avoid those, because I like want to get my winnings immediately ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) But on sites like Crypto-Games you receive your payment in a couple of seconds after request, no risk at all. if you talking about huge money of high roller then yes it is usually cost a lot of times before they approve your withdrawal , it is for security reasons and i think it is fair enough , they have to be careful making decision as the funds could be earned from illegal way. some casinos might have faster security checking , it is good for the players but risky for the owner. I would personally never play on any casino that doesn't pay out winnings somewhat instantly. I wouldn't mind waiting a couple of hours if they need to get funds out of cold storage in case of a really big win, but having a payout delayed for days due to 'auditing' is just ridiculous. There are enough Bitcoin casino's that do pay out instantly, so why would I settle for something less? I'd bet that Crypto-Games even pays their high rollers instantly, otherwise I would have seen complaints about it in CG's chat or here.
|
|
|
I haven't made any changes in my crypto-assets in the last week; still only Waves and WavesGo. Waves managed to keep up surprisingly well with the monstrous surge of BTC but things suddenly went south last night. Its not a surprise though, as many people are probably gripped with FOMO and decided to allocate funds from alts to BTC. However, it appears Waves was among the hardest hit coins when looking at the top-30 regarding market cap. It really showcases diversification is crucial on the cryptomarket, and this is something I'm planning to do on the short term.
The three red lines drawn in the graph below shows my entry points measured in BTC. It is clear that the current value is now somewhat negative from my POV. Not all is bad though as the value of my crypto measured in fiat has gone up a bit in the last week.
Are you also planning on utilizing different methods to make more Bitcoins? In one of your previous posts you mentioned that you started with 100 dollars from Adsense and Steemit income, do you still make some additional money through those platforms? Or are you just planning to invest what you have and try to reach 1 BTC that way?
|
|
|
Thank you guys for those kind of words. Starting now, I starting to study about the charts or candles. So maybe for me as starter with low capital, may I start in some minors exchanges? Not like bittrex? what do you think guys?
It doesn't really matter which exchange you choose, it won't change the fact whether you can trade or not. As long as you pick a secure and trusted exchange, you should be fine. You're right about needing to study more, there are a lot of good video's on Youtube that will explain all the technical aspects in a way even a beginner can understand. Chris Dunn has a couple of really interesting tutorials about trading on his Youtube channel, check him out.
|
|
|
|