If you get addresses that start with a 1 it's probably from the step that requires changing the number "44" to "49".



It's tough to see, but there's an apostrophe after the 49 and if that gets deleted or a space gets added anywhere or anything else is changed it won't give you the addresses that start with a 3.

It should be exactly:

m/49'/0'/0'

Maybe I should add that in to the guide so that people can copy/paste the whole string.

There wouldn't be a problem just using the addresses that start with a 1... but you won't get the savings on fees that you get when using an address that starts with a 3.

OK. Thanks, EndTheFed. I've never encountered this Derivation screen. I downloaded the latest version 3.0.5.

It comes up after this step where you input your seed phrase, click Options and select "BIP 39 seed"

OK. I checked the "Extend this seed with custom words". Now I know how to make a 6th wallet to get the lower fees. Thank you.

For anyone interested in NOT using Bitcoin.....I still am able to use my bank's debit/credit card for deposits and cash outs no problem on Ignition. Drama free, fast, and simple. Just sayin.

Do you have to call them to withdraw with debit? I am no longer able to see this option.

Lame that you can deposit in BCH but not withdraw in BCH.. Would eliminate the tx fees

Sorry, I deposit with my card. I withdraw a bank wire to my bank attached to the card. I don't call them.

I see an email in my junk folder from bovada and found out I was given a $10 "poker freeplay" with obviously a rollover requirement which I fulfilled, So I'm cashing out $325 4 days after first hitting the poker tables. I ran it up to $32 the first day, and then $58 on day 2, $104 on day 3, and hit a +225 bet in the sports book for $100. Should I hold the bitcoin for a week or two?

Bitcoin>bitpay wallet>bitpay card>ATM

Date Requested: 1/23 9:20AM
Amount: $325
Date Received: not yet
Location: Exotic beach

So what is going on, we can't chat anymore? We can only used the prefilled messages and smileys? Really? Why do they want to make it even more unfun for the fish.

See Discussion thread.

Bitcoin fees have dropped, the mempool is clearing and you should not have any of these "issues". As for being a poker player and having a viable option that eliminates any banking "dramas", you sound like someone who just likes to complain. BTC is provided for these reasons, you simply have to do a little work when it comes to technology when it is new. You should be grateful that bitcoin is here and especially for reasons like playing poker, another thing attacked by the us government.

Get a wallet that supports segwit addresses, they usually start with a "3". If you do not have one, find one, send to it.

Stop using coinbase. If that is your only option, send to gdax(coinbase exchange) for free, they wont charge you fees. Send from there to your wallet. Use localbitcoins, coinradar(to find bitcoin atms near you.). Sign up at gemini.com(low low fees to buy), but do NOT send coins from gemini directly to a poker site. Make a jump to a wallet with a segwit address.

There is alot going on, the devs are working on things and so is the entire bitcoin eco sys. Chill. BCH/bitchcoin is irrelevant and you should not support that false coin. Bitcoin is scaling.

Another question I see is about hardware wallets... Yes, you can use that just like you would a regular phone wallet. Hardware wallets are meant to be used as "cold" storage much like a paper wallet but with added features and a device to use for signing. The coins do not store on the device, you use the device to signing and or add a pin, to secure the seed. You can add accounts for the same seed/wallet and then keep an account for cold, one for spending, one for poker idk... accounts.

GL. GG. and don't be such privileged fish that you cannot see the answer and when it is right in your face. Nothing in life is easy, at least with BITCOIN you have devs who are committed, a community that is as well, innovation for truly freeing all people from the current scandal of the dollar and an idea that was left here for all who suffer censorship from their governments/banks.

Go to reddit/r/bitcoin and not reddit/r/btc(bcash = bitchcoin is not the real bitcoin and will never be) to ask these questions. They will help.

fees are down, mempool is clearing, and scaling is happening. Use what some dude a long time ago dreamt up to solve these exact reasons and problems. You might have to read a little. Since ipoker doesn't let you see anyone in front of you, it makes sense your reading skills are lacking.

i think its because i said so many things which wouldve got me sent to either the hospital or the morgue had i said them in the casino instead of online. Blame me.

p.s. u should link to the other discussion thread so we could post it there instead. im sure the OP wouldnt even know what u mean

Getting told to chill by an 8 paragraph 1st post... I wasn't intending to start a debate on BTC vs BCH. Just noticed that BCH was available as a deposit option and that it'd be nice to be able to withdraw in BCH for the time being until BTC tx fees are a little lower/faster. I don't really care much which coin they use to facilitate tx's, just want them to be as fast and cheap as possible.

Don't get your panties in a bunch defending BTC. Insulting posters assuming they're too stupid to actually know what's goin on in crypto is not a good way to promote the use of your preferred coin. Take it to the actual bitcoin/crypto threads and tone down the recycled talking points from r/bitcoin.

If that is all you can deduce and or amount a "come back" with, you missed the point.

No wonder you missed the other ones.

gl. Some people are simply lucky and look as if they are skilled. Look at Jimmy Song.

gl with what exactly? I Don't need a 'comeback' when I wasn't making an argument for anything to begin with. Everything you said in your post has been repeated several times ITT. Poker players were some of the earlier adopters of BTC, most of us know to use gdax and segwit.

Latest withdrawl(mid 2k) took 14 hrs..........Good Stuff!

Is it okay to used the same bitcoin address for multiple bovada btc cashouts? Or does bovada want you to use a unique address for each cashout? Honestly think you guys could give me a more reliable answer than trying to ask their support staff.

if you use a blockchain.info wallet, it will generate new addresses for you

I don't know whether they will process the withdrawal or not... but you shouldn't use the same address either way.

That's good practice when using bitcoin anyway, even outside of poker transactions.

Yeah, whichever wallet you're using should automatically give you a new address each time you receive bitcoin.

Is there a reason that you can't use a new address?

Got a BTC withdrawal within 2 hours, so that’s fun.

Hi, I'm a noob and a little confused about my recent BTC withdraw.

I did my very first withdraw about a week ago for $2011. I used an Electrum wallet and sent the money from the wallet to gdax, and then from gdax into my bank account (this thread was extremely helpful in setting all this up, so thank you all). After everything was said and done, I received $2009 in my bank account. I don't really understand the fees that go along with all of this, but I was grateful to only have to spend 2 dollars on a 2000 dollar transaction.

I did my second withdraw tonight, and I was expecting similar results. I withdrew $2210 from Ignition, and used the same Electrum wallet and gdax, but this time I only received $2172 into gdax, and then $2168 into my bank account. The 4 dollar loss I'm assuming is from the 0.25% gdax fee, but I don't really understand where the other ~$40 went. I understand that I'm subject to the volatility of BTC throughout this process, but looking at the graph I don't really see how I could have lost this much money throughout the hour or so the process took. Can anyone explain this to me? Is this some mistake, or am I just missing something?

Thanks for any help.

(I'm also new to the forum, and I typed this up once but it didn't seem to go through. If there's an accidental double post, I apologize.)

in your first transaction (tx) its not necessarily that u only spent 2 dollars, but btc price may have gone up a bit between when u received from ign and sold to gdax. as far as the fees, u should be paying a miners fee when sending from electrum to gdax, and then the .25% to sell on gdax. perhaps your total in fees for that tx was $10, but ur btc gained $8 in value while u held it, yielding only a $2 drop total.

for ur second tx, i only see two possibilities: u paid a huge miners fee, or btc price dropped while u held it. u can see what miners fee u paid by looking at ur history in electrum...

The miner's fee on Electrum was 0.04061 mBTC, which as I understand wouldn't be enough to account for the missing money.

I received the money in my wallet at 6:32 PM EST yesterday and sold it through gdax at 7:19 PM EST. Again, I don't see how Bitcoin's price during this time period could have affected my money so strongly.

that miners fee is equal to around 45 cents usd at the moment, so i'm pretty sure the discrepancy is due to btc price fluctuation. it can be pretty furious. i had around $400 worth of btc in my coinbase account recently and it was going up and down by $20 or more in a matter of minutes.

for the usd value of around $2200 worth of btc to change by $38 over the course of 45 minutes seems very plausible, and i think is actually pretty normal.