1. #281
    egzacto
    egzacto's Avatar Become A Pro!
    Join Date: 01-02-10
    Posts: 500
    Betpoints: 3844

    Scam indeed

    Very scary actually pulled up my search history my search engine must have directed me to this bogus site even said blockchain .com most trusted site but actually took me to Blockchain.tk I entered my wallet address tried logging in then it said my account was blocked call 855 530 3108 then the guy tried to get me to go to ultra viewer .net so he could get in my account kept telling me there was a problem with my server. Later I got a call 620-644-9606 with another guy trying to let me let him access my computer needless to say I didnít and deleted all my blockchain apps very close call to getting scammed.

  2. #282
    mrpapageorgio
    mrpapageorgio's Avatar SBR PRO
    Join Date: 09-07-17
    Posts: 2,758

    Quote Originally Posted by egzacto View Post
    Very scary actually pulled up my search history my search engine must have directed me to this bogus site even said blockchain .com most trusted site but actually took me to Blockchain.tk I entered my wallet address tried logging in then it said my account was blocked call 855 530 3108 then the guy tried to get me to go to ultra viewer .net so he could get in my account kept telling me there was a problem with my server. Later I got a call 620-644-9606 with another guy trying to let me let him access my computer needless to say I didn’t and deleted all my blockchain apps very close call to getting scammed.

    If you're moving around 4+ figures worth of Bitcoin (I think you said you were buying $5k worth), I could consider investing in a cold storage wallet. Basically it's a wallet that is not connected to the internet (like smart phone wallets). Less convenient to use since you need to plug it into a computer to use, but also reduces the risk of a hack like you almost had happen.

    https://shop.ledger.com/products/ledger-nano-s

    If you get one, keep your backup phrase written down (they provide a card) and stored in a safe and not stored electronically somewhere. Minimizing the electronic footprint of the wallet reduces the risk of hack/theft.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: egzacto
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/03/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020


  3. #283
    TwitchySeal
    TwitchySeal's Avatar Become A Pro!
    Join Date: 08-08-19
    Posts: 69
    Betpoints: 60

    Quote Originally Posted by mrpapageorgio View Post
    If you're moving around 4+ figures worth of Bitcoin (I think you said you were buying $5k worth), I could consider investing in a cold storage wallet. Basically it's a wallet that is not connected to the internet (like smart phone wallets). Less convenient to use since you need to plug it into a computer to use, but also reduces the risk of a hack like you almost had happen.

    https://shop.ledger.com/products/ledger-nano-s

    If you get one, keep your backup phrase written down (they provide a card) and stored in a safe and not stored electronically somewhere. Minimizing the electronic footprint of the wallet reduces the risk of hack/theft.
    This is good advice.

    I would also highly recommend not using blockchain.com, or any other service that requires you to log in through a browser, as the main place to store your funds. I think they are one of the few non-custodial wallets, which is great, but It exposes you to all sorts of risks, I've heard tons of horror stories.

    Electrum is a great lightweight wallet that is far more secure and really doesn't take long to get the hang of. Write down your seed phrase and put it somewhere safe, and the only way you will get robbed is if someone has access to your entire system or breaks into your house while your computer is on.

    Bitcoin Core and Armory are also extremely secure, but more complicated and resource heavy, (you have to download the entire block chain and sync, for example)
    Last edited by TwitchySeal; 09-13-19 at 10:00 PM.

  4. #284
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 45,417
    Betpoints: 2213

    Quote Originally Posted by egzacto View Post
    Very scary actually pulled up my search history my search engine must have directed me to this bogus site even said blockchain .com most trusted site but actually took me to Blockchain.tk I entered my wallet address tried logging in then it said my account was blocked call 855 530 3108 then the guy tried to get me to go to ultra viewer .net so he could get in my account kept telling me there was a problem with my server. Later I got a call 620-644-9606 with another guy trying to let me let him access my computer needless to say I didn’t and deleted all my blockchain apps very close call to getting scammed.
    It sounds like you have a redirect exploit on your PC.

    If you go to www.malwareremoval.com they offer a free service to check/clean your computer. Better than anything you could pay for in terms of being cerrtain it is done right.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/06/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  5. #285
    DABOOK
    At The Spectrum
    DABOOK's Avatar Become A Pro!
    Join Date: 03-02-11
    Posts: 3,617
    Betpoints: 16797

    I have a pph book that has been good to me for about 5 years. I would like to switch to bitcoin instead of meeting the guy. The pph support has recommended “Uphold” for withdrawals. They have an apple app and look good. Fees seem low but I do not know about anything better. Anyone know about this one ?

  6. #286
    mrpapageorgio
    mrpapageorgio's Avatar SBR PRO
    Join Date: 09-07-17
    Posts: 2,758

    Quote Originally Posted by DABOOK View Post
    I have a pph book that has been good to me for about 5 years. I would like to switch to bitcoin instead of meeting the guy. The pph support has recommended “Uphold” for withdrawals. They have an apple app and look good. Fees seem low but I do not know about anything better. Anyone know about this one ?
    Made an account with them but never used them. Never heard anything bad, but don't let that be a ringing endorsement to use them either.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/03/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020


  7. #287
    DABOOK
    At The Spectrum
    DABOOK's Avatar Become A Pro!
    Join Date: 03-02-11
    Posts: 3,617
    Betpoints: 16797

    Quote Originally Posted by mrpapageorgio View Post
    Made an account with them but never used them. Never heard anything bad, but don't let that be a ringing endorsement to use them either.
    Thx
    Anyone else know them?

  8. #288
    lotuspod
    lotuspod's Avatar Become A Pro!
    Join Date: 06-03-17
    Posts: 204
    Betpoints: 4023

    If you're needing a btc wallet, here's a ranking that just came out today that covers the major legit wallets pretty accurately and up-to-date as you can get for now. I thought it would be useful to post here for the new people - https://www.veriphi.io/en/software-wallet-analysis

    They cover a lot of different aspects - wallets are mainly broken down into Desktop, Web, Mobile, and Hardware. Seems Desktop + Seed Phrase securely stored is the best if possible/suitable. Avoid web wallets and custodial wallets also if possible, or don't leave coins there long-term at least.

  9. #289
    MarkMakers
    MarkMakers's Avatar Become A Pro!
    Join Date: 11-17-19
    Posts: 69
    Betpoints: 199

    Quote Originally Posted by lotuspod View Post
    If you're needing a btc wallet, here's a ranking that just came out today that covers the major legit wallets pretty accurately and up-to-date as you can get for now. I thought it would be useful to post here for the new people - https://www.veriphi.io/en/software-wallet-analysis
    They cover a lot of different aspects - wallets are mainly broken down into Desktop, Web, Mobile, and Hardware. Seems Desktop + Seed Phrase securely stored is the best if possible/suitable. Avoid web wallets and custodial wallets also if possible, or don't leave coins there long-term at least.

    So based on this COINBASE and BLOCKCHAIN are not recommended. The video in this thread is therefore outdated. Am I missing something here?

  10. #290
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 45,417
    Betpoints: 2213

    Quote Originally Posted by MarkMakers View Post


    So based on this COINBASE and BLOCKCHAIN are not recommended. The video in this thread is therefore outdated. Am I missing something here?
    No they are not outdated.

    Coinbase is an exchanger, not "a wallet".

    You use a wallet that they give you inside your coinbase account, but that is not the sort of wallet LotusPod was talking about.

    This is probably not the right thread for his list as it will just confuse new users as it has done to you.



    You need an Exchanger to transfer $$$ to and from your Bitcoin Exchange account and your bank account. That would be Coinbase, Gemini, CashApp or a Bitcoin ATM for most people here.


    Then you need you own wallet which you have 100% complete control and ownership of. Blockchain.com/wallet is simple to get started with and fine for our purposes as bettors.

    "Better" is subjective with the personal wallets... the one you understand and are comfortable with is the best for you. No one else can tell you that. Electrum.org is the "best" wallet in my opinion... but it has 100 more functions than the Blockchain one and would probably make most first time users run away opening it and seeing it for the first time.
    Last edited by Optional; 11-29-19 at 09:51 PM.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/06/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  11. #291
    PowerMoves
    PowerMoves's Avatar Become A Pro!
    Join Date: 06-12-16
    Posts: 50
    Betpoints: 72

    Has anyone run into issues sending Bitcoin bought from Coinbase to a book? I've heard stories of exchanges banning their members for doing so.

  12. #292
    DontTailMe
    DontTailMe's Avatar Become A Pro!
    Join Date: 03-24-19
    Posts: 1,054
    Betpoints: 486

    Quote Originally Posted by PowerMoves View Post
    Has anyone run into issues sending Bitcoin bought from Coinbase to a book? I've heard stories of exchanges banning their members for doing so.
    Yes. Don't do it. Always use a middle man wallet unless you don't mind eventually losing your Coinbase account.

  13. #293
    PowerMoves
    PowerMoves's Avatar Become A Pro!
    Join Date: 06-12-16
    Posts: 50
    Betpoints: 72

    Quote Originally Posted by DontTailMe View Post
    Yes. Don't do it. Always use a middle man wallet unless you don't mind eventually losing your Coinbase account.
    Is just doing that enough? They can follow where the coins they issue end up if they so choose to.

  14. #294
    Bucketwah
    Bucketwah's Avatar Become A Pro!
    Join Date: 08-14-09
    Posts: 461
    Betpoints: 295

    Quote Originally Posted by PowerMoves View Post
    Has anyone run into issues sending Bitcoin bought from Coinbase to a book? I've heard stories of exchanges banning their members for doing so.
    No have sent hundreds of times back n forth...

  15. #295
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 45,417
    Betpoints: 2213

    Quote Originally Posted by PowerMoves View Post
    Has anyone run into issues sending Bitcoin bought from Coinbase to a book? I've heard stories of exchanges banning their members for doing so.
    Yes many posters here have had accounts closed down at Coinbase, Gemini and CashApp.


    Quote Originally Posted by PowerMoves View Post
    Is just doing that enough? They can follow where the coins they issue end up if they so choose to.
    It is enough to stop you being identified by a simple sweep.

    When the exchange becomes aware of wallet/s a bookmaker is using they can do a search for that array of wallet IDs in their own database of sent transactions.

    If you send to a personal wallet first, you will never get caught up in that.


    If they decide to personally investigate your account and try to track all the movements of the bitcoin that came from them, then a simple middleman wallet does not help.


    Quote Originally Posted by Bucketwah View Post
    No have sent hundreds of times back n forth...

    If you do not value your exchange account, then it's up to you to take that risk.

    But if you have used them "hundreds" of times that exchange probably is valuable to you and not really worth the risk of losing them instead of taking the extra 60 seconds needed to send to a wallet you own first.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/06/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  16. #296
    DontTailMe
    DontTailMe's Avatar Become A Pro!
    Join Date: 03-24-19
    Posts: 1,054
    Betpoints: 486

    Quote Originally Posted by PowerMoves View Post
    Is just doing that enough? They can follow where the coins they issue end up if they so choose to.
    So far, they choose not to. It probably comes down to plausible deniability - them doing the minimal amount of effort required to not get in trouble with regulators.

  17. #297
    DontTailMe
    DontTailMe's Avatar Become A Pro!
    Join Date: 03-24-19
    Posts: 1,054
    Betpoints: 486

    Quote Originally Posted by Bucketwah View Post
    No have sent hundreds of times back n forth...
    Absolutely terrible advice

    Wanna know how many times I've seen someone whining about losing their exchange account and thinking it wasn't fair because they've been doing it for months/years and getting away with it?

    Just because it hasn't caught up with you YET doesn't mean it won't happen.
    Last edited by DontTailMe; 12-05-19 at 06:29 PM.

  18. #298
    louisvillekid
    slummin it
    louisvillekid's Avatar SBR PRO
    Join Date: 08-14-07
    Posts: 7,563
    Betpoints: 191

    So is coinbase and blockchain still the way to go? I've finally decided I want to try this.
    I see a lot of posts about high prices/charges/commissions using these 2 and people are suggesting other exchanges and/or wallets.

    Do I get charged both ways from the exchanges and the wallets?
    Seems like just keep paying the CC fee at my book would be just as simple and similar in pricing.

  19. #299
    DontTailMe
    DontTailMe's Avatar Become A Pro!
    Join Date: 03-24-19
    Posts: 1,054
    Betpoints: 486

    Quote Originally Posted by louisvillekid View Post
    Do I get charged both ways from the exchanges and the wallets?
    Every time you send a transaction through the blockchain, yes there is a fee.
    Quote Originally Posted by louisvillekid View Post
    Seems like just keep paying the CC fee at my book would be just as simple and similar in pricing.
    I guess it depends on how much you're betting / depositing / withdrawing. If you're small stakes, sure I suppose CC could be cheaper. Of course, you still have to be concerned about the security if sending your CC info through a shady Chinese processor. On the other hand, if you're moving around hundreds or thousands of dollars in your deposits and withdrawals, bitcoin is much cheaper. Bitcoin is always going to be safer and have faster payouts.

  20. #300
    MarkMakers
    MarkMakers's Avatar Become A Pro!
    Join Date: 11-17-19
    Posts: 69
    Betpoints: 199

    Is there a faster method of getting your bitcoin processed on Coinbase? Currently, each purchase on Coinbase takes 6 days to clear before I can send it to my wallet and then to a book.

  21. #301
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 45,417
    Betpoints: 2213

    Quote Originally Posted by MarkMakers View Post
    Is there a faster method of getting your bitcoin processed on Coinbase? Currently, each purchase on Coinbase takes 6 days to clear before I can send it to my wallet and then to a book.
    Yes, you can deposit by wire transfer instead of ACH and your funds will be clear same working day or overnight at the longest.

    Your bank will charge you between $15 and $30 to send money that way.

    No extra charge at Coinbase end.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/06/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  22. #302
    MarkMakers
    MarkMakers's Avatar Become A Pro!
    Join Date: 11-17-19
    Posts: 69
    Betpoints: 199

    Hmm, okay that is an option to consider.

    While logged into my Coinbase account I also noticed an option to deposit USD. It seems like an account just to leave some cash. If I deposit money into that account and used it to purchase btc do you think it would be just as fast as a wire transfer?

  23. #303
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 45,417
    Betpoints: 2213

    Quote Originally Posted by MarkMakers View Post
    Hmm, okay that is an option to consider.

    While logged into my Coinbase account I also noticed an option to deposit USD. It seems like an account just to leave some cash. If I deposit money into that account and used it to purchase btc do you think it would be just as fast as a wire transfer?
    You have the choice to deposit US$ into that wallet, and buy your bitcoin after it has cleared, instead of just ordering bitcoin and paying for it on day one.

    If you send a wire it ends up in that wallet. Or if you sell bitcoin to them to hold instead of withdraw it sits in that wallet.

    It makes no difference with approval speed though.


    The 5 days they make you wait when sending by ACH is due to that being how long it takes until the Automated Clearing House guarantees them the funds. A wire is not reversible.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/06/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  24. #304
    MarkMakers
    MarkMakers's Avatar Become A Pro!
    Join Date: 11-17-19
    Posts: 69
    Betpoints: 199

    Thanks Opti

    I’ll give that option a test run and see how it works. I’ll test for speed, and fees charged by both Coinbase and the bank.

  25. #305
    petey7979
    petey7979's Avatar Become A Pro!
    Join Date: 11-18-19
    Posts: 93
    Betpoints: 945

    Is this correct order? Exchange>wallet>sportsbook for deposit and payout sportsbook>wallet>exchange

  26. #306
    beavis13
    beavis13's Avatar SBR PRO
    Join Date: 06-18-14
    Posts: 1,678
    Betpoints: 1933

    Quote Originally Posted by Optional View Post
    No they are not outdated.

    Coinbase is an exchanger, not "a wallet".

    You use a wallet that they give you inside your coinbase account, but that is not the sort of wallet LotusPod was talking about.

    This is probably not the right thread for his list as it will just confuse new users as it has done to you.



    You need an Exchanger to transfer $$$ to and from your Bitcoin Exchange account and your bank account. That would be Coinbase, Gemini, CashApp or a Bitcoin ATM for most people here.


    Then you need you own wallet which you have 100% complete control and ownership of. Blockchain.com/wallet is simple to get started with and fine for our purposes as bettors.

    "Better" is subjective with the personal wallets... the one you understand and are comfortable with is the best for you. No one else can tell you that. Electrum.org is the "best" wallet in my opinion... but it has 100 more functions than the Blockchain one and would probably make most first time users run away opening it and seeing it for the first time.
    Opti, I think I set up a wallet with Blockchain (my wallet is a long string of random characters if I did it right). I placed in the pick 6 this week Is that what I send in and just figure moving it around later? Thanks for any info, I just donít seem to be able to figure this out. Donít need to send to sports book as I still use my local.

  27. #307
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 45,417
    Betpoints: 2213

    Quote Originally Posted by beavis13 View Post
    Opti, I think I set up a wallet with Blockchain (my wallet is a long string of random characters if I did it right). I placed in the pick 6 this week Is that what I send in and just figure moving it around later? Thanks for any info, I just don’t seem to be able to figure this out. Don’t need to send to sports book as I still use my local.
    Log in to the blockchain wallet website.

    Click the request button up top and a pop-up will appear.

    Make sure it says "Bitcoin" under currency (or select Bitcoin from the drop down if it does not)


    Then simply copy the string of characters in the box under "Address" and paste that into an SBR PM message to Drew.

    You do not need to do anything inside the blockchain wallet. Just close the popup when you have copied the address
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 08/06/2020

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 07/30/2020

    $20
    Angelman
    donation 02/17/2020

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  28. #308
    beavis13
    beavis13's Avatar SBR PRO
    Join Date: 06-18-14
    Posts: 1,678
    Betpoints: 1933

    Quote Originally Posted by Optional View Post
    Log in to the blockchain wallet website.

    Click the request button up top and a pop-up will appear.

    Make sure it says "Bitcoin" under currency (or select Bitcoin from the drop down if it does not)


    Then simply copy the string of characters in the box under "Address" and paste that into an SBR PM message to Drew.

    You do not need to do anything inside the blockchain wallet. Just close the popup when you have copied the address
    Thanks so much Opti!
    Points Awarded:

    Optional gave beavis13 2 Betpoint(s) for this post.


  29. #309
    EasyE252
    EasyE252's Avatar Become A Pro!
    Join Date: 06-21-19
    Posts: 3

    Great video!! I had never used Bitcoin before but this made it a very easy process
    Points Awarded:

    SBR Drew gave EasyE252 2 Betpoint(s) for this post.

    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: Optional

  30. #310
    SBR Drew
    SBR Drew's Avatar Become A Pro!
    Join Date: 01-08-18
    Posts: 7,362
    Betpoints: 264

    Quote Originally Posted by EasyE252 View Post
    Great video!! I had never used Bitcoin before but this made it a very easy process
    EasyE252 glas we could help out here. Anything else drop us a pm. or post on the forum.

    $20
    Angelman
    donation 02/17/2020


First ... 6789
Top