[ABEHONEST]

Never, ever, trusted Bitcoin transactions and when I do take it as a casual buy/sell, it seems I inter into that paranoid state of mind again, because of this: [and certainly not the first time]
FRIDAY 11 AM, April 26
Example: I keep freshly updated an the latest value of Bitcoins and I knew it was floating around 9,300 plus, even 9,400 plus later, when I made up my mind to dive in again--only because this is the preferred method chosen by our members. And it seems they cannot stop bragging how great and fast this method is.

So, I again dived in, thinking it would be at least 9200/9300 when I sold my shares. Since I had noticed that value was definitely rising on a sharp rise before that selloff, had me feeling confident I would at least break even on this value when I finally do see what it sold for.
Here's the bizarre facts, of course, my personal bizarre facts.
Sold at 9128.11. Saturday the 28th at 1:21 AM.
And what was the value later that night, say 2 or 3 hours later? I do believe it was hitting the 9300 to 9400? Maybe higher? Of course here the value is at present: 9374.

A coincidence? Nah, and don't try to convince my now cemented paranoid mind, because I am good at math.

* Any real pro's would like to chime in with their expertise when dealing with Bitcoins?

[DroopyDog]

So the crypto world is conspiring against YOU ?

[flyingcarbs]

Never, ever, trusted Bitcoin transactions and when I do take it as a casual buy/sell, it seems I inter into that paranoid state of mind again, because of this: [and certainly not the first time]
FRIDAY 11 AM, April 26
Example: I keep freshly updated an the latest value of Bitcoins and I knew it was floating around 9,300 plus, even 9,400 plus later, when I made up my mind to dive in again--only because this is the preferred method chosen by our members. And it seems they cannot stop bragging how great and fast this method is.

So, I again dived in, thinking it would be at least 9200/9300 when I sold my shares. Since I had noticed that value was definitely rising on a sharp rise before that selloff, had me feeling confident I would at least break even on this value when I finally do see what it sold for.
Here's the bizarre facts, of course, my personal bizarre facts.
Sold at 9128.11. Saturday the 28th at 1:21 AM.
And what was the value later that night, say 2 or 3 hours later? I do believe it was hitting the 9300 to 9400? Maybe higher? Of course here the value is at present: 9374.

A coincidence? Nah, and don't try to convince my now cemented paranoid mind, because I am good at math.

* Any real pro's would like to chime in with their expertise when dealing with Bitcoins?

Are you trying to TRADE bitcoin? Or just buy it in the hopes of a nice gain later? If the latter, then stop looking at the price, buy it, set alerts for your preferred exit price, even put in sell orders for that price if your exchange allows it.

If you are trading it and you notice the price dropping after you buy, and rising after you sell...well then you are just not on the right side of the trades. It's a gamble and you are letting your emotions control your actions.

[fried cheese]

Never, ever, trusted Bitcoin transactions and when I do take it as a casual buy/sell, it seems I inter into that paranoid state of mind again, because of this: [and certainly not the first time]
FRIDAY 11 AM, April 26
Example: I keep freshly updated an the latest value of Bitcoins and I knew it was floating around 9,300 plus, even 9,400 plus later, when I made up my mind to dive in again--only because this is the preferred method chosen by our members. And it seems they cannot stop bragging how great and fast this method is.

So, I again dived in, thinking it would be at least 9200/9300 when I sold my shares. Since I had noticed that value was definitely rising on a sharp rise before that selloff, had me feeling confident I would at least break even on this value when I finally do see what it sold for.
Here's the bizarre facts, of course, my personal bizarre facts.
Sold at 9128.11. Saturday the 28th at 1:21 AM.
And what was the value later that night, say 2 or 3 hours later? I do believe it was hitting the 9300 to 9400? Maybe higher? Of course here the value is at present: 9374.

A coincidence? Nah, and don't try to convince my now cemented paranoid mind, because I am good at math.

* Any real pro's would like to chime in with their expertise when dealing with Bitcoins?

your strategy seems to be to buy high and sell low. i would avoid doing this.

[moojoo]

Stop using BTC its not for you.

[Alfa1234]

Definitely not a coïncidence. It's a fact bitcoin dropped as low as 8940$ Saturday night. You actually got a pretty good deal. Don't forget coinbase charges 1.5% as well.

Next time you get a payout, sell them instantly. You'll notice you will actually get the $ amount for it (minus coinbase fee) that was in your account if you do that. Oh, and don't complain about Coinbase...you chose them. Not the bookie. There are other ways to sell bitcoins and different exchanges without that fee.

I honestly believe you are 1 of those people that will complain to Mcdonalds because you find their coffee to be too hot. You'll find something wrong with anything really...lighten up. The world is not trying to get you.

[littlekona]

if you use it just as a vessel to transfer and cash out/deposit funds it will pretty much even out...You cant go by a few times...even if you lose a few bucks the convenience of getting paid by books lightning fast overrides IMO...I mean come on P2P can cost 10% + fees at some sites and other withdrawal methods too..Crypto just the best thing ever !

[ABEHONEST]

Definitely not a coïncidence. It's a fact bitcoin dropped as low as 8940$ Saturday night. You actually got a pretty good deal. Don't forget coinbase charges 1.5% as well.

Next time you get a payout, sell them instantly. You'll notice you will actually get the $ amount for it (minus coinbase fee) that was in your account if you do that. Oh, and don't complain about Coinbase...you chose them. Not the bookie. There are other ways to sell bitcoins and different exchanges without that fee.

I honestly believe you are 1 of those people that will complain to Mcdonalds because you find their coffee to be too hot. You'll find something wrong with anything really...lighten up. The world is not trying to get you.

Alfa, I like your first part answer, but tying be a swami, you failed.
This is why I ask questions.
Losing 125 & 60 in consecutive payouts are no fun for me. And the question I have asked for ever it seems; why does the client/customer, the one who seems to lose a chunk of his profits, by gathering fees from several different direction? Don't you don't realize how these fees accumulate into one big pile of money? If you don't care, or need your payout/deposits at any costs, you're probably a member who does't see a payout very often?

If some of these member's do not mind donating your hard-earned profits, that's you and certainly not me.

Remember, I ask a lot of questions on SBR, and look for intellingent replies.
I only wanted to seek some truth and possible knowledge, of how to avoid losing so consistently with Bitcoin movement, because, evidently, I have had some real bad luck, or the other? Paranoid thoughts, like my money sit's while "someone" or "somebody," could possibly, know/learn, when the value is going to drop or rise?
Meanwhile, sure, they buy my coins while they were a lower value and "likely," with solid inside information, leaving them confident the value will rise sometime after they buy those lower priced coins?
Doesn't this remind you of the stock market?

Telling me this cannot happen is not what I intend to believe.

[ABEHONEST]

if you use it just as a vessel to transfer and cash out/deposit funds it will pretty much even out...You cant go by a few times...even if you lose a few bucks the convenience of getting paid by books lightning fast overrides IMO...I mean come on P2P can cost 10% + fees at some sites and other withdrawal methods too..Crypto just the best thing ever !

Okay, sound's like good advice. I will check it out.

[ABEHONEST]

So the crypto world is conspiring against YOU ?

Not a good reply but a nice sarcastic one. I bet you do this often and waste valuable time?

[convick]

Not a good reply but a nice sarcastic one. I bet you do this often and waste valuable time?

You're the one that seems to spend your days lamenting about your btc misfortunes.... who's wasting time here pal?

[jbayko]

Never, ever, trusted Bitcoin transactions and when I do take it as a casual buy/sell, it seems I inter into that paranoid state of mind again, because of this: [and certainly not the first time]
FRIDAY 11 AM, April 26
Example: I keep freshly updated an the latest value of Bitcoins and I knew it was floating around 9,300 plus, even 9,400 plus later, when I made up my mind to dive in again--only because this is the preferred method chosen by our members. And it seems they cannot stop bragging how great and fast this method is.

So, I again dived in, thinking it would be at least 9200/9300 when I sold my shares. Since I had noticed that value was definitely rising on a sharp rise before that selloff, had me feeling confident I would at least break even on this value when I finally do see what it sold for.
Here's the bizarre facts, of course, my personal bizarre facts.
Sold at 9128.11. Saturday the 28th at 1:21 AM.
And what was the value later that night, say 2 or 3 hours later? I do believe it was hitting the 9300 to 9400? Maybe higher? Of course here the value is at present: 9374.

A coincidence? Nah, and don't try to convince my now cemented paranoid mind, because I am good at math.

* Any real pro's would like to chime in with their expertise when dealing with Bitcoins?

You're not a Bitcoin trader, right? You're only using it to transfer (deposit/withdraw) money with your sportsbook? Then don't try to act like a Bitcoin trader and time the market - that's never going to work. I just withdraw whenever I need to and make sure that I am constantly watching my bitcoin wallet so that I can get rid of the coin fast and minimize the time that I am holding it. Sometimes I'll lose a few dollars and sometimes I'll gain a few dollars.

But if you don't see this by now, then I agree with the guy upthread. Stop using bitcoin with sports betting because you don't get it.

[Alfa1234]

Alfa, I like your first part answer, but tying be a swami, you failed.
This is why I ask questions.
Losing 125 & 60 in consecutive payouts are no fun for me. And the question I have asked for ever it seems; why does the client/customer, the one who seems to lose a chunk of his profits, by gathering fees from several different direction? Don't you don't realize how these fees accumulate into one big pile of money? If you don't care, or need your payout/deposits at any costs, you're probably a member who does't see a payout very often?

If some of these member's do not mind donating your hard-earned profits, that's you and certainly not me.

Remember, I ask a lot of questions on SBR, and look for intellingent replies.
I only wanted to seek some truth and possible knowledge, of how to avoid losing so consistently with Bitcoin movement, because, evidently, I have had some real bad luck, or the other? Paranoid thoughts, like my money sit's while "someone" or "somebody," could possibly, know/learn, when the value is going to drop or rise?
Meanwhile, sure, they buy my coins while they were a lower value and "likely," with solid inside information, leaving them confident the value will rise sometime after they buy those lower priced coins?
Doesn't this remind you of the stock market?

Telling me this cannot happen is not what I intend to believe.

First of all, I wouldn't worry about my payouts, I make enough money.

2nd, if you sell the coins the second they hit your wallet...you will not have any fees if you use an exchange like Kraken.com (0.2% trade fee). So if you do lose money in the transfer, that's on you, not the bookie (unless the bookie shorted you, but that's another matter). On top of that, do you honestly believe a bookie "buys coins low and sells them high"? If they had inside info, I can assure you they would not be bothering with bookmaking at all. It's much simpler to simply trade the coin market with inside info.

3rd, the bookie pays a processer (like Bitpay) to accept deposits and do the payouts. They pay a fee (1% for Bitpay) to use those services. It's much easier and less of a headache for them that way and on top of that they don't have to keep any bitcoins themselves so aren't prone to risky fluctuations in the bitcoin price. This 1% is still a LOT cheaper than say Neteller (4%) or most other deposit/withdrawal options they offer.

What you believe clearly is guided by some paranoia against the bookies...not based on actual facts.

[ABEHONEST]

You're the one that seems to spend your days lamenting about your btc misfortunes.... who's wasting time here pal?

You mean wasting your time because you could give a $*it less, yet you think it's okay to look and gripe anyway?
So, no advice offered? You can go away now MR. Sarc., you boyish deed is finished

[ABEHONEST]

First of all, I wouldn't worry about my payouts, I make enough money.

2nd, if you sell the coins the second they hit your wallet...you will not have any fees if you use an exchange like Kraken.com (0.2% trade fee). So if you do lose money in the transfer, that's on you, not the bookie (unless the bookie shorted you, but that's another matter). On top of that, do you honestly believe a bookie "buys coins low and sells them high"? If they had inside info, I can assure you they would not be bothering with bookmaking at all. It's much simpler to simply trade the coin market with inside info.

3rd, the bookie pays a processer (like Bitpay) to accept deposits and do the payouts. They pay a fee (1% for Bitpay) to use those services. It's much easier and less of a headache for them that way and on top of that they don't have to keep any bitcoins themselves so aren't prone to risky fluctuations in the bitcoin price. This 1% is still a LOT cheaper than say Neteller (4%) or most other deposit/withdrawal options they offer.

What you believe clearly is guided by some paranoia against the bookies...not based on actual facts.

* A Bookie buys and sells Bitcoins? I never hinted at that even being possible.

So, no, I have to believe at 100%, it's certainly possible to buy cheaper coins [such as mine evidently were at the time they sold], by gaining some possible inside information about a rise or fall on Bitcoin on the horizon? I also said it seems to perform much like the stock market. Now that makes sense to me and since I do not get any inside info how to buy low, sell high, I do not need this unpreditable payout/dep method.
No thanks.

And when your adversary [The Books] love it so much, I do not expect it to work for my benefit.
Seems most that chime in here about payouts/deposits, could care less about fees? Well, count me as having a completely different opinion on that ridiculous business affair, where the client is on the short end of the stick at 100%.

[DroopyDog]

Tin foil hat needed.

[jbayko]

Inside information on Bitcoin? LOL

Okay, it's settled then. You do whatever you need to do. Everyone else will continue using the fastest, cheapest, most efficient means of moving our money around. From this point forward, there is need for you to complain in every thread about Bitcion. We are painfully aware what your position is.

[ABEHONEST]

Inside information on Bitcoin? LOL

Okay, it's settled then. You do whatever you need to do. Everyone else will continue using the fastest, cheapest, most efficient means of moving our money around. From this point forward, there is need for you to complain in every thread about Bitcion. We are painfully aware what your position is.

Yeah, and you're not a member of the Griping Member's Club? Lol
It's certainly not the cheapest so looks as if you could use some education on how to deposit and withdrawal your money?
But, I see right now, we are wasting each other's time. You're simply too clever and have it all figured out.

[jbayko]

It's by far the cheapest if you don''t let the Bitcoin sit in your wallet. I don't pay any fees, and I've seen others here tell you the same.

[Goatman]

This guy is a joke. It's like trying to convince some whackjob that the Earth is actually round. There's no convincing this guy. Just let him live in his crazy delusional world and ignore his posts moving forward.

[moojoo]

Abe man why dont you go to BTC section of forum and learn some stuff about bitcoin.

[ABEHONEST]

Abe man why dont you go to BTC section of forum and learn some stuff about bitcoin.

Too late, MOOJOO, I've seen enough.
And for all these geniuses above who have a cheaper method of withdrawal, they lose.
Try and get your free-payout once in a while from your chosen friendly Book and let those Bitcoins rest once in a while.