1. #1
    p0kerdynamix
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    Getting Bit Coin to USD

    I am new to bit coin. Is there a way to get bit coin transferred to USD than into a bank account?
    Are there any retail stores that accept bit coin?

  2. #2
    Optional
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    Quote Originally Posted by p0kerdynamix View Post
    I am new to bit coin. Is there a way to get bit coin transferred to USD than into a bank account?
    Are there any retail stores that accept bit coin?
    If you want to spend it on goods then a bitpay.com card is probably what you want.

    Withdraw from ATMs or buy goods with it like a normal Vsa card. But load it with bitcoin.

  3. #3
    p0kerdynamix
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    Where do you get the card from? that same website? bitpay.com?
    Quote Originally Posted by Optional View Post
    If you want to spend it on goods then a bitpay.com card is probably what you want.

    Withdraw from ATMs or buy goods with it like a normal Vsa card. But load it with bitcoin.

  4. #4
    Auto Donk
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    I'm hopin i lose my last three prick picks just to fall out of the top 100 so I don't have to deal with this apparent pain in the ass.....

  5. #5
    Optional
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    Quote Originally Posted by p0kerdynamix View Post
    Where do you get the card from? that same website? bitpay.com?
    Yes, from bitpay.com

    There is a thread here with lots of user comments about it http://www.sportsbookreview.com/foru...ebit-card.html

    Quote Originally Posted by Auto Donk View Post
    I'm hopin i lose my last three prick picks just to fall out of the top 100 so I don't have to deal with this apparent pain in the ass.....
    You could just get a bitcoin deposit address from one of your books

  6. #6
    littlekona
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    Quote Originally Posted by p0kerdynamix View Post
    I am new to bit coin. Is there a way to get bit coin transferred to USD than into a bank account?
    Are there any retail stores that accept bit coin?
    just go to gyft.com its goldmine to turn BTC into store cards tons of them

  7. #7
    themike78
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    Quote Originally Posted by littlekona View Post
    just go to gyft.com its goldmine to turn BTC into store cards tons of them
    I agree. I use gyft all the time with bitcoin. They load card to your phone instantly then just pay at the store using your phone at checkout. I don't think there really are any stores that accept Bitcoin directly. Gyft is the best option.

  8. #8
    kingdom
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    Quote Originally Posted by Optional View Post
    If you want to spend it on goods then a bitpay.com card is probably what you want.

    Withdraw from ATMs or buy goods with it like a normal Vsa card. But load it with bitcoin.
    i've heard there is a detailed bitcoin info thread on the forum. do u know where it is or have a link?

  9. #9
    thetrinity
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    Quote Originally Posted by Auto Donk View Post
    I'm hopin i lose my last three prick picks just to fall out of the top 100 so I don't have to deal with this apparent pain in the ass.....
    Unfortunately I'm in too deep.

    It's a supreme pain in the ass

  10. #10
    Optional
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    Quote Originally Posted by kingdom View Post
    i've heard there is a detailed bitcoin info thread on the forum. do u know where it is or have a link?
    The threads are pinned at the top of the http://www.sportsbookreview.com/foru...ports-betting/ forum.

  11. #11
    KVB
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    Quote Originally Posted by Optional View Post
    ...You could just get a bitcoin deposit address from one of your books
    Are you saying I can get a deposit address from any book and then SBR will send it straight to the book?

  12. #12
    hhsilver
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    ^^
    Did he really mean it could be that easy - just get BTP prize sent from SBR straight to book???? I assumed we had to go by way of a wallet.

  13. #13
    Russian Rocket
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    Quote Originally Posted by KVB View Post

    Are you saying I can get a deposit address from any book and then SBR will send it straight to the book?
    Quote Originally Posted by hhsilver View Post
    ^^
    Did he really mean it could be that easy - just get BTP prize sent from SBR straight to book???? I assumed we had to go by way of a wallet.
    Yes that's what he meant...you can use any address from anywhere.

    If it was me, I would use the address from my own wallet though and not book, because you have more control of the actual address string.
    Nomination(s):
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  14. #14
    gauchojake
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    sign up for a wallet

    receive btc

    go to btc atm and cash out

    no bank account or id needed

    don't send directly to the book

  15. #15
    KVB
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    Quote Originally Posted by gauchojake View Post
    ...don't send directly to the book
    Any particular reason why, other than what rocket said about control over address string?

  16. #16
    gauchojake
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    Quote Originally Posted by KVB View Post
    Any particular reason why, other than what rocket said about control over address string?
    Basically echoing RR's sentiment about QC. The books do not generate new addresses to receive for every single transaction. I would be concerned over a mixup. I suppose if you are going to have a website sending on your behalf then SBR would be the one, but I don't see the downside for creating a wallet and handling the transaction yourself.
    Points Awarded:

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  17. #17
    Optional
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    Quote Originally Posted by hhsilver View Post
    ^^
    Did he really mean it could be that easy - just get BTP prize sent from SBR straight to book???? I assumed we had to go by way of a wallet.
    It is that easy but I only mentioned that as Donk was being a baby about it, like its all too difficult.

    As the other guys say above, if you send direct from SBR to Book it's just a pain in the ass for everyone if anything goes wrong.


    The best way to go is just spend the 30 seconds it takes to open a blockchain.info/wallet and have SBR send it there. And then send it on to a book or whatever.

    Added advantage is that you will now have a wallet ready and the basic experience of how it works if ever needed again.

  18. #18
    KVB
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    Thanks for getting back to me Opti.

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  19. #19
    POISON
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    Quote Originally Posted by Optional View Post
    It is that easy but I only mentioned that as Donk was being a baby about it, like its all too difficult.

    As the other guys say above, if you send direct from SBR to Book it's just a pain in the ass for everyone if anything goes wrong.


    The best way to go is just spend the 30 seconds it takes to open a blockchain.info/wallet and have SBR send it there. And then send it on to a book or whatever.

    Added advantage is that you will now have a wallet ready and the basic experience of how it works if ever needed again.
    I'm new to this bitcoin as well. So, if I set up the wallet do I need to set up the exchange before that so I can send back to it if I want to convert to USD?? I read that SBR is transferring funds Tuesday am and was going to set this up tonight. Thanks for any input!

  20. #20
    Russian Rocket
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    Quote Originally Posted by POISON View Post
    I'm new to this bitcoin as well. So, if I set up the wallet do I need to set up the exchange before that so I can send back to it if I want to convert to USD?? I read that SBR is transferring funds Tuesday am and was going to set this up tonight. Thanks for any input!
    Not necessarily, but it is recommended to setup an account on exchange as well.

    Some of the wallets like https://www.snapcard.io/ will allow you to convert BTC to USD and transfer it directly to your checking acct. These type of wallets usually come with worse exchange rates, than what you would normally get at the exchange.

  21. #21
    POISON
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    Quote Originally Posted by Russian Rocket View Post
    Not necessarily, but it is recommended to setup an account on exchange as well.

    Some of the wallets like https://www.snapcard.io/ will allow you to convert BTC to USD and transfer it directly to your checking acct. These type of wallets usually come with worse exchange rates, than what you would normally get at the exchange.
    Thanks Russian Rocket, guess I'll sign up for the exchange....

  22. #22
    Russian Rocket
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    Quote Originally Posted by POISON View Post
    Thanks Russian Rocket, guess I'll sign up for the exchange....
    It is always good to have 2-3 wallets and 2-3 exchanges readily available at your disposal. If one goes down you can quickly switch to another one. Opening up an acct doesn't cost anything - all you gotta do is verify your acct and you should be good to go.

  23. #23
    POISON
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    Quote Originally Posted by Russian Rocket View Post
    It is always good to have 2-3 wallets and 2-3 exchanges readily available at your disposal. If one goes down you can quickly switch to another one. Opening up an acct doesn't cost anything - all you gotta do is verify your acct and you should be good to go.
    Thanks, I take it that's what your doing?? Happy New Year btw I take it I can do it any time of the day, even on New years eve?

  24. #24
    Russian Rocket
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    Quote Originally Posted by POISON View Post
    Thanks, I take it that's what your doing?? Happy New Year btw I take it I can do it any time of the day, even on New years eve?
    Happy New Year to you too! and Yes that's a setup that I have here.

    Opening an acct you can do at anytime online, however verifying CC and or your bank acct might take a few business days (you don't need to have that fully setup to receive or send BTC...just to buy)
    Last edited by Russian Rocket; 12-31-16 at 08:55 PM.

  25. #25
    POISON
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    Quote Originally Posted by Russian Rocket View Post
    Happy New Year to you too! and Yes that's a setup that I here.

    Opening an acct you can do at anytime online, however verifying CC and or your bank acct might take a few business days (you don't need to have that fully setup to receive or send BTC...just to buy)
    Got it, I may buy some after I receive whatever I win on Beat the Prick, or hopefully win. I still have 2 picks to go....

  26. #26
    aakj
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    is this legit and has anyone used this https://www.coinizy.com/ **** debit card

  27. #27
    Optional
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    Quote Originally Posted by aakj View Post
    is this legit and has anyone used this https://www.coinizy.com/ **** debit card
    I think it is a legit company but know nothing about them apart from a few news stories about them and paypal.

  28. #28
    byronbb
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    the bitpay wallet lets you buy a amazon gift code for exact amounts if you wanted one of those.

  29. #29
    SpeedPro
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    Quote Originally Posted by Optional View Post
    If you want to spend it on goods then a bitpay.com card is probably what you want.
    Withdraw from ATMs or buy goods with it like a normal Vsa card. But load it with bitcoin.
    Opti... Let me ask you a question. What is keeping people from buying BTC with a CC and then going and disputing the transaction? It you took the CC payment would you have any recourse?

  30. #30
    Optional
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    Quote Originally Posted by SpeedPro View Post

    Opti... Let me ask you a question. What is keeping people from buying BTC with a CC and then going and disputing the transaction? It you took the CC payment would you have any recourse?
    That's the risk every place that sells to card holders take. Coinbase reduce the risk by requiring lots of ID and will obviously make a credit report if you do it to them. Other places have large fees to help them cope with it.

  31. #31
    SpeedPro
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    Quote Originally Posted by Optional View Post
    That's the risk every place that sells to card holders take. Coinbase reduce the risk by requiring lots of ID and will obviously make a credit report if you do it to them. Other places have large fees to help them cope with it.

    Hmm! I was thinking it wouldn't be a bad thing to sell BTC myself but I definitely don't want to get taken.

  32. #32
    Optional
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    Quote Originally Posted by SpeedPro View Post


    Hmm! I was thinking it wouldn't be a bad thing to sell BTC myself but I definitely don't want to get taken.
    This is why I avoid P2P marketplaces like Paxful and localbitcoins.

    Just don't know enough about all the options to scam payment systems and feel like the risk of being caught out is too high.

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