1. 05-08-23 05:58 PM #36
    JIBBBY
    JIBBBY's Avatar SBR PRO
    Join Date: 12-10-09
    Posts: 83,085
    Betpoints: 11913

    Coinbase good for cashing out on books and cashing into your checking or savings account. Crypto trading and sending money to your books you get stung. Blockchain as the buffer you are still paying fees.
    Reply With Quote Reply With Quote
  2. 05-08-23 08:13 PM #37
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,811
    Betpoints: 9245

    Quote Originally Posted by biggie12 View Post

    i know lots of people doing this and never had issues only on cloudbet and stake.

    i dont know why i cant receive pms anymore. i wrote my tg in one of the posts come connect that way.
    There is no reason you should not be able to receive PMs.

    Maybe your box is full. Delete some incoming or sent messages if so.


    Seen Cloudbet confiscate very large balances for "kyc reasons" a few times btw.
    Reply With Quote Reply With Quote
  3. 05-08-23 08:14 PM #38
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,811
    Betpoints: 9245

    Quote Originally Posted by JIBBBY View Post
    Coinbase good for cashing out on books and cashing into your checking or savings account. Crypto trading and sending money to your books you get stung. Blockchain as the buffer you are still paying fees.
    It's not a Coinbase or Blockchain or Binance issue Jibbby.

    Mining fees have spiked temporarily for every send.
    Reply With Quote Reply With Quote
  4. 05-08-23 08:57 PM #39
    miaplus3
    miaplus3's Avatar Become A Pro!
    Join Date: 03-16-10
    Posts: 219
    Betpoints: 3042

    Quote Originally Posted by Optional View Post
    It's not a Coinbase or Blockchain or Binance issue Jibbby.

    Mining fees have spiked temporarily for every send.
    God, I hope it is temporary due to this bitcoin ordinals which is incredible hard to understand.
    Reply With Quote Reply With Quote
  5. 05-08-23 08:59 PM #40
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,811
    Betpoints: 9245

    Quote Originally Posted by miaplus3 View Post
    God, I hope it is temporary due to this bitcoin ordinals which is incredible hard to understand.
    It's just a bug that was discovered. It's a trivial fix, as soon as there is agreement on the best method.
    Points Awarded:

    miaplus3 gave Optional 1 Betpoint(s) for this post.

    Reply With Quote Reply With Quote
  6. 05-08-23 09:04 PM #41
    miaplus3
    miaplus3's Avatar Become A Pro!
    Join Date: 03-16-10
    Posts: 219
    Betpoints: 3042

    Quote Originally Posted by wombat View Post
    Bitcoin for gambling is not sustainable. Fees are ridiculous. Find books that accept Litecoin. Ltc fees are less than a penny. Bookmaker and Betonline accepts Litecoin.
    Thanks man, that worked like a charm.
    Reply With Quote Reply With Quote
  7. 05-08-23 09:07 PM #42
    miaplus3
    miaplus3's Avatar Become A Pro!
    Join Date: 03-16-10
    Posts: 219
    Betpoints: 3042

    Quote Originally Posted by Optional View Post
    It's just a bug that was discovered. It's a trivial fix, as soon as there is agreement on the best method.
    yeah, something about jaredsubway (or something ) making these extreme amount transactions? Not sure what his goal is tho, that is where I can't wrap my mind around it.
    Reply With Quote Reply With Quote
  8. 05-08-23 09:28 PM #43
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    Quote Originally Posted by Optional View Post
    There is no reason you should not be able to receive PMs.

    Maybe your box is full. Delete some incoming or sent messages if so.


    Seen Cloudbet confiscate very large balances for "kyc reasons" a few times btw.
    i have had 10+ accounts on cloudbet..... I usually use BNB to fund... i deposit make my bet cashout.... If they ever ask for kyc i say no thank you cash me out. I think they had liq problems back a few years ago and could have been more shady. Ill try and find the generic email they send about the kyc.

    Optional tell me u cashed your BTC things arent looking good.
    Last edited by biggie12; 05-08-23 at 09:32 PM.
    Reply With Quote Reply With Quote
  9. 05-08-23 09:30 PM #44
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    Quote Originally Posted by miaplus3 View Post
    yeah, something about jaredsubway (or something ) making these extreme amount transactions? Not sure what his goal is tho, that is where I can't wrap my mind around it.
    lol his goal is simple he is a front running bot..... He is paying almost as much gas as uniswap... roughly ~200- 400k every 3 hours in gas fees. Very easy to track the wallet just find him on eth scan gas gzzlers his wallet is MEV bot.


    Some guy accidently sent him 1.5 million in eth two days ago. Luckily he is not a total.pos and sent the funds back.
    Reply With Quote Reply With Quote
  10. 05-08-23 10:11 PM #45
    miaplus3
    miaplus3's Avatar Become A Pro!
    Join Date: 03-16-10
    Posts: 219
    Betpoints: 3042

    biggie12, but what is he trying to accomplish in the end?
    Reply With Quote Reply With Quote
  11. 05-08-23 10:36 PM #46
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    Quote Originally Posted by miaplus3 View Post
    biggie12, but what is he trying to accomplish in the end?
    make money ? do you understand what a front running bot "Sandwhich bot" does? hence his name jaredfromsubway.
    Reply With Quote Reply With Quote
  12. 05-08-23 10:39 PM #47
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    wont be surprised to see BTC transactions fees around $30 sometime shortly.... and what happens when the mempool cant handle the amount of transactions.... we are at around 500k transactions right now.
    Reply With Quote Reply With Quote
  13. 05-08-23 10:39 PM #48
    bjb7223
    bjb7223's Avatar Become A Pro!
    Join Date: 11-03-12
    Posts: 10,287
    Betpoints: 8997

    Quote Originally Posted by biggie12 View Post
    make money ? do you understand what a front running bot "Sandwhich bot" does? hence his name jaredfromsubway.
    eat it up
    Reply With Quote Reply With Quote
  14. 05-08-23 10:40 PM #49
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    5 transactions per second max on btc. BTW


    **** non crypto 50k transactions a second.

    stuck at 1mb blocks.


    BSV 8GB blocks........


    BTC can not acheive doing anything near this without a fork. There is no one working on BTC.
    Last edited by biggie12; 05-08-23 at 10:44 PM.
    Reply With Quote Reply With Quote
  15. 05-08-23 10:59 PM #50
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,811
    Betpoints: 9245

    Quote Originally Posted by biggie12 View Post

    i have had 10+ accounts on cloudbet..... I usually use BNB to fund... i deposit make my bet cashout.... If they ever ask for kyc i say no thank you cash me out. I think they had liq problems back a few years ago and could have been more shady. Ill try and find the generic email they send about the kyc.

    Optional tell me u cashed your BTC things arent looking good.
    Not yet.
    Reply With Quote Reply With Quote
  16. 05-09-23 12:29 AM #51
    miaplus3
    miaplus3's Avatar Become A Pro!
    Join Date: 03-16-10
    Posts: 219
    Betpoints: 3042

    Quote Originally Posted by biggie12 View Post
    make money ? do you understand what a front running bot "Sandwhich bot" does? hence his name jaredfromsubway.
    So let me get this straight, there is a single dude out there that somehow developed a "front running bot" & implemented it in different areas of the blockchain to manipulate so that he can simultaneously buy low & sell high on and make a little on each trade but because of the volumes of trades he is killing it & effectively broke bitcoin?
    Reply With Quote Reply With Quote
  17. 05-09-23 07:04 AM #52
    milwaukee mike
    milwaukee mike's Avatar SBR PRO
    Join Date: 08-22-07
    Posts: 26,906
    Betpoints: 7585

    Quote Originally Posted by miaplus3 View Post
    So let me get this straight, there is a single dude out there that somehow developed a "front running bot" & implemented it in different areas of the blockchain to manipulate so that he can simultaneously buy low & sell high on and make a little on each trade but because of the volumes of trades he is killing it & effectively broke bitcoin?
    and people thought bitcoin could be used for every transaction in the world lol

    think of how slowly it would be running if every swipe at a gas station was bitcoin
    Reply With Quote Reply With Quote
  18. 05-09-23 08:12 AM #53
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    Quote Originally Posted by miaplus3 View Post
    So let me get this straight, there is a single dude out there that somehow developed a "front running bot" & implemented it in different areas of the blockchain to manipulate so that he can simultaneously buy low & sell high on and make a little on each trade but because of the volumes of trades he is killing it & effectively broke bitcoin?


    Bitcoin price falling has nothing to do with bot.

    correct but.....

    nothing to do with btc at all.

    All i can tell you is if you still like bitcoin change it over to BSV.

    If you want to check out the bot go here his wallet is MeV bot 7th 8th down the list.
    https://etherscan.io/gasTracker
    Points Awarded:

    miaplus3 gave biggie12 1 Betpoint(s) for this post.

    Reply With Quote Reply With Quote
  19. 05-09-23 12:26 PM #54
    KVB
    It's not what they bring...
    KVB's Avatar SBR PRO
    Join Date: 05-29-14
    Posts: 74,849
    Betpoints: 7576

    Quote Originally Posted by milwaukee mike View Post
    and people thought bitcoin could be used for every transaction in the world lol

    think of how slowly it would be running if every swipe at a gas station was bitcoin
    Yeah, impossible to compare to the already established massive networks of V i s a.
    Reply With Quote Reply With Quote
  20. 05-09-23 01:29 PM #55
    Ghenghis Kahn
    Best Baller on SBR
    Ghenghis Kahn's Avatar SBR PRO
    Join Date: 01-02-12
    Posts: 19,735
    Betpoints: 2261

    Quote Originally Posted by milwaukee mike View Post
    and people thought bitcoin could be used for every transaction in the world lol

    think of how slowly it would be running if every swipe at a gas station was bitcoin
    Scalability problems for BTC is nothing new. There are plenty of cryptos that solved the problem
    Reply With Quote Reply With Quote
  21. 05-09-23 01:44 PM #56
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by Optional View Post
    It's just a bug that was discovered. It's a trivial fix, as soon as there is agreement on the best method.
    I say get rid of Taproot and stop building on top of bitcoin. Work on layer two solutions to keep down fees down and speed up transactions. Devs blew it with Taproot.
    Reply With Quote Reply With Quote
  22. 05-09-23 04:25 PM #57
    biggie12
    biggie12's Avatar SBR PRO
    Join Date: 12-30-05
    Posts: 13,475
    Betpoints: 1312

    renq.io
    Reply With Quote Reply With Quote
  23. 05-10-23 12:39 PM #58
    milwaukee mike
    milwaukee mike's Avatar SBR PRO
    Join Date: 08-22-07
    Posts: 26,906
    Betpoints: 7585

    sportsbooks have to be hurting on these fees

    paying $100 in fees just to send me a payout today can't be a lot of fun

    Fee 368,617 [COLOR=rgba(255, 255, 255, 0.4)]sat[/COLOR]$103.44
    Fee rate 350 [COLOR=rgba(255, 255, 255, 0.4)]sat/vB[/COLOR]
    Reply With Quote Reply With Quote
  24. 05-10-23 01:01 PM #59
    Thefix13
    Thefix13's Avatar Become A Pro!
    Join Date: 05-14-21
    Posts: 508
    Betpoints: 2756

    Quote Originally Posted by milwaukee mike View Post
    sportsbooks have to be hurting on these fees

    paying $100 in fees just to send me a payout today can't be a lot of fun

    Fee 368,617 [COLOR=rgba(255, 255, 255, 0.4)]sat[/COLOR]$103.44
    Fee rate 350 [COLOR=rgba(255, 255, 255, 0.4)]sat/vB[/COLOR]
    Their fault if they only offer two withdrawal options
    Reply With Quote Reply With Quote
  25. 05-10-23 01:06 PM #60
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,811
    Betpoints: 9245

    Quote Originally Posted by milwaukee mike View Post
    sportsbooks have to be hurting on these fees

    paying $100 in fees just to send me a payout today can't be a lot of fun

    Fee 368,617 [COLOR=rgba(255, 255, 255, 0.4)]sat[/COLOR]$103.44
    Fee rate 350 [COLOR=rgba(255, 255, 255, 0.4)]sat/vB[/COLOR]
    I'd guess most are sending batch payments to reduce the per send average cost.
    Reply With Quote Reply With Quote
  26. 05-10-23 01:10 PM #61
    KVB
    It's not what they bring...
    KVB's Avatar SBR PRO
    Join Date: 05-29-14
    Posts: 74,849
    Betpoints: 7576

    Quote Originally Posted by Optional View Post
    I'd guess most are sending batch payments to reduce the per send average cost.
    Correct, this is why processing times vary so much.
    Reply With Quote Reply With Quote
  27. 05-10-23 11:57 PM #62
    eidolon
    USA
    eidolon's Avatar Become A Pro!
    Join Date: 01-02-08
    Posts: 9,531
    Betpoints: 15766

    They should use XRP or Solana
    Reply With Quote Reply With Quote
  28. 05-11-23 02:14 AM #63
    TheMetsSuck
    TheMetsSuck's Avatar Become A Pro!
    Join Date: 01-14-12
    Posts: 6,118
    Betpoints: 1488

    Cost me 25$ to send 75$ on mycelium today. Only did it bc bovada offered 125% bonus. It had never been more than a few bucks the previous hundred transfers. Is this the new norm?
    Reply With Quote Reply With Quote
  29. 05-11-23 04:17 AM #64
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,496
    Betpoints: 15395

    Quote Originally Posted by TheMetsSuck View Post
    Cost me 25$ to send 75$ on mycelium today. Only did it bc bovada offered 125% bonus. It had never been more than a few bucks the previous hundred transfers. Is this the new norm?
    yep, until the devs and community figure out what to do about the problems caused by Taproot. People are loving the Bitcoin NFTs and a lot of marketplaces are opening up to them including Binance. I'm not messing with them. There's a slim chance they all get nuked.
    Last edited by raiders72001; 05-11-23 at 04:22 AM.
    Reply With Quote Reply With Quote
  30. 05-11-23 10:16 AM #65
    JAKEPEAVY21
    JAKEPEAVY21's Avatar SBR PRO
    Join Date: 03-11-11
    Posts: 28,195
    Betpoints: 47551

    I made a deposit at a book on May 5th and it is still not confirmed...

    Thankfully they credited my acct almost instantly but shocked to see it is still unconfirmed almost a week later.
    Reply With Quote Reply With Quote
  31. 05-12-23 05:40 PM #66
    Headsterx
    Headsterx's Avatar SBR PRO
    Join Date: 12-03-16
    Posts: 18,434
    Betpoints: 2175

    Wow, was winning so I spread the love to 4 different books to fund via LTC and so far zero confirmations as of 18 mins and counting.

    Reply With Quote Reply With Quote
  32. 05-12-23 05:43 PM #67
    icon
    icon's Avatar Become A Pro!
    Join Date: 01-09-18
    Posts: 3,372
    Betpoints: 6518

    Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

    In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from $1.99 per transaction on April 26 to a current rate of $8.82 per transaction as of May 7. Bitcoin miners are struggling to keep up with the demand, leaving many users frustrated and unable to complete their transactions in a timely manner.

    https://news.bitcoin.com/bitcoin-networ ... ging-fees/
    Reply With Quote Reply With Quote
  33. 05-12-23 05:49 PM #68
    Headsterx
    Headsterx's Avatar SBR PRO
    Join Date: 12-03-16
    Posts: 18,434
    Betpoints: 2175

    Quote Originally Posted by icon View Post
    Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

    In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from $1.99 per transaction on April 26 to a current rate of $8.82 per transaction as of May 7. Bitcoin miners are struggling to keep up with the demand, leaving many users frustrated and unable to complete their transactions in a timely manner.

    https://news.bitcoin.com/bitcoin-networ ... ging-fees/
    Reply With Quote Reply With Quote
  34. 05-12-23 06:56 PM #69
    Headsterx
    Headsterx's Avatar SBR PRO
    Join Date: 12-03-16
    Posts: 18,434
    Betpoints: 2175

    So one of the books is BM and game is about to tip off so I'm rushing and decides to do CC deposit as LTC is now over an hour. It's initially rejected as my bank wants to verify I'm making the tx. But now I have to contact CS as BM not letting me retry CC. No problem as it goes through, but then I go back to my account and BM also accepts the LTC deposit.... lol. But it's still showing zero confirmations for BM and the other three books.
    Reply With Quote Reply With Quote
  35. 05-13-23 10:01 AM #70
    Brock Landers
    Forever in Debt to your Priceless Advice
    Brock Landers's Avatar Become A Pro!
    Join Date: 06-30-08
    Posts: 45,360
    Betpoints: 8792

    I'm amazed the use of LTC and other alt coins wasn't pushed a long time ago.

    Bitcoin is just the oldest/most well known coin, but the others serve the exact same purpose with much faster movement and much cheaper rates to buy/send, etc
    Points Awarded:

    miaplus3 gave Brock Landers 1 Betpoint(s) for this post.

    Reply With Quote Reply With Quote
First 123 Last
Top
« Previous Thread | Players Talk | Next Thread »