So are bitcoin books getting killed?

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  • MaddyMax
    SBR Wise Guy
    • 02-14-17
    • 790

    #1
    So are bitcoin books getting killed?
    or are the making good profit?

    all those people who deposited few months ago, if they won and withdrew books will only have to pay half the value since bitcoin has gone up rapidly.

    but if people deposit at the current rate and bitcoin falls back at the same rate it climbed, then books would have to pay double.
  • MeanPeopleSuck
    SBR Wise Guy
    • 04-29-17
    • 950

    #2
    Originally posted by MaddyMax
    or are the making good profit?

    all those people who deposited few months ago, if they won and withdrew books will only have to pay half the value since bitcoin has gone up rapidly.

    but if people deposit at the current rate and bitcoin falls back at the same rate it climbed, then books would have to pay double.
    The exact opposite: they're rolling in profits.

    Not only have their massive inventories of BTC skyrocketed, they also (with the notable, noble exception of Fairlay) stole all their clients' BCC from the hard fork on August 1st.
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    • ChuckyTheGoat
      BARRELED IN @ SBR!
      • 04-04-11
      • 37470

      #3
      MPS, keep the updates comin.
      Where's the fuckin power box, Carol?
      Comment
      • MaddyMax
        SBR Wise Guy
        • 02-14-17
        • 790

        #4
        But books like nitrogen that operate in bitcoin would have lose a ton. Players could have just doubled the bankroll over the last few months without placing a single bet?
        Comment
        • ChuckyTheGoat
          BARRELED IN @ SBR!
          • 04-04-11
          • 37470

          #5
          Maddy, if NIT was holding the $$ in BtC, doesn't that mean their BtC asset also doubled? I think their Net balance sheet would stay same.
          Where's the fuckin power box, Carol?
          Comment
          • MaddyMax
            SBR Wise Guy
            • 02-14-17
            • 790

            #6
            Originally posted by ChuckyTheGoat
            Maddy, if NIT was holding the $$ in BtC, doesn't that mean their BtC asset also doubled? I think their Net balance sheet would stay same.
            yes you are right! i wasn't seeing it through. hungover day!
            Comment
            • ChuckyTheGoat
              BARRELED IN @ SBR!
              • 04-04-11
              • 37470

              #7
              No troubles, mate. Have a great Sunday.
              Where's the fuckin power box, Carol?
              Comment
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