Markets are there so people can speculate on unknown future outcomes. I think it's exactly what a good exchange should be doing. They're not taking a side on the politics, they're just providing a service to people who want to stake a position on it. Making money from trading commissions is the business they're in.

Poloniex has been getting a bad reputation very quickly. Lots of people complaining that they can't withdraw or had their accounts frozen for no reason. Their support is not answering tickets and they closed the troll box because it was full of people complaining. The signs don't look very good whether it's just being badly run or something more serious, either way, trading volumes there are decreasing as people pull their coins out.

It's probably best not to do that as you'll be paying too much for electricity. It's really designed to be run on a PC that's turned on anyway. You can set the CPU mining usage percentage quite low while you are using the PC for other things and just collect a little BTC in the background and then when you take a break you can switch it to 100%.

Well OK, I should have said make a deposit and play dice too long.

I did do some figures when they first implemented it but I threw away the Postit note I scrawled them on. It will change all the time with XMR exchange rate anyway. But the way I did it was to, after not mining overnight, make a note of the total mining income number and then run it for 1 hour. Then after stopping it, you need to wait at least 5 minutes for the next BTC credit to appear then just divide the increase in income by how many hashed you did in an hour.


Antivirus has always given a positive indication on all mining software, that's because it could be planted on your device without your knowledge to steal your processing power and electricity. If you intentionally want to mine it's safe to add it to your antivirus ignore list.

On the contrary. Long-term investing is nothing to do with trading and you should be making investment decisions based on fundamental analysis, not technical analysis.

Professional traders at proprietary trading firms don't use charts at all and base all their trades purely from order flow from the DOM (depth of market) trading interface.

Using charts is for what I would call medium-term or swing trading, trades that last more than a few minutes may be up to several days or weeks.

Ahhh, that's how you're doing the risk management. It makes sense now, thanks for taking time to explain. I've been puzzled how it works for a few days.

Thank you very much for your explanation. I'm a futures trader so I'm very familiar with the concept of margin calls, although brokers have automated risk management systems in place to prevent that ever becoming a reality I will experience.
So that just leaves the question of how you would enforce that margin call. Is the offsite held in an escrow or something?

Can anyone explain to me how the leverage works? Where does the extra coin come from, is it borrowed from somewhere? If it is borrowed do you have to pay interest on the loan?

I would try to think of any reason why it would recover in price and sadly I cannot think of one. It does have quite an enthusiastic community using it, but that's not new it's always been there. It's a coin that has a huge supply, the coins just keep coming which is always going to keep the price suppressed. I think it's one of those coins that will always be around but I don't see any reason it should recover it's price to highs we have already seen.

They credit you at the end of the month 5000 sat for every day that you posted in the thread. So it's going to be totaled up and you'll get paid later.

Poloniex certainly seems to be having a fair number of issues. Just the number of people complaining of difficulty withdrawing and inability to get any response from support would ring alarm bells to me.
Depending on what you want to trade I'd recommend Bitfinex for the main coins and Bittrex for wider coverage of altcoins. Bitfinex is certainly where the BTCUSD volume is at these days.

I was really talking about the slot machine generally found in pubs here in the UK. The edge is even worse, typically 15%, but must be displayed on the machine by law. They're not really for serious gambling just entertainment, stand around chatting with your mates drinking a pint and shove a few quid in the fruity to see if you get lucky and the next round of drinks is free.
What I was trying to say is the makers of those machines do a very good job of making interesting gameplay. Lots of features and bonuses, even a skill element with gambling up your winnings on a yes/no button which you can become good at hitting every time with a bit practice (of course the machine will still quickly take it back from you).
I just find it odd that online slots are so dull in comparison. There is no reason that any type of machine, physical or online cannot be run with whatever house edge the operator desires.

That's pretty much the case on the low volume altcoins. High volume and liquidity markets like BTCUSD I find technical analysis is still very useful even though not as precise as on futures markets.

I also come from a traditional trading background. I think the reason for what your buddy observes is that the big hedge funds use algorithmic trading systems and these are not present on crypto. A lot of those algorithms are built from technical patterns and because the big players are using them they become a self-fulfilling prophecy. There are some trading bots available for crypto but their systems are highly primitive in comparison.

If that's the case then it's an additional requirement that the site owners have not stated. The original post I corrected just said that 30,000 was the requirement when actually the requirement is double your total free roll winnings.

I'm not going to get banned for multi-accounting to prove it, I'll just believe you as setting a threshold like that makes sense.

No, 30,000 is the withdrawal minimum. As has been stated many times in this thread captcha is removed when your balance is double your total free roll winnings.


Please at least read at least a few posts back before posting incorrect information.

The very first BTC faucet gave 5 BTC per claim which of course was just fractions of a penny at the time, just like the faucets now.

It's only been down for maintenance since 6am this morning, I looked at my investments a little before that. The site games are back up and you can access the investment page with the details you need. It's just the detailed reports of each individual investment that isn't available while the maintenance continues.

It's already there. Just click on your Bet ID to bring up the details and there is a link to an external verifier down at the bottom.