BitCoin Help please

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  • CDBnOil
    SBR Rookie
    • 05-13-15
    • 5

    #1
    BitCoin Help please
    Hi forum,

    I have made a nice amount of money on Betdsi from a $50.00 ******* deposit. The site will only let me cash out $1200 CAD every 7 days. It will take me about 2 months to get all the cash out.

    I have the option of withdrawing all the money to Bitcoin, but i dont know how it works. I know it is a digital currency that the rate fluctuates every 10 seconds. I live in toronto and there is ATM that allow you to take out bitcoin.

    Does anyone have experience with bitcoin?

    will i get charged to use the ATM? I am cashing out $8300CAD do i have any chance at losing money in the process of cashing out because of the rate?

    What is the best service to use to open a bitcoin account.

    Any help is greatly appreciated.
  • BuckyOne
    SBR MVP
    • 01-02-15
    • 2728

    #2
    Did you make sure you can take out via bitcoin if you did not deposit that way? If you have no prior experience with bitcoin I say do it the way they say they will do it. Did you ask about a wire for the whole she - bang. $1200 every two week - is that a ** or something?
    Comment
    • manny24
      SBR Posting Legend
      • 10-22-07
      • 20046

      #3
      SammyOdom check in
      Comment
      • MUHerd37
        SBR Posting Legend
        • 10-23-09
        • 12816

        #4
        Stick with the money every 7 days. You don't want to mess with bitcoin if you don't know what you are doing.
        Comment
        • CDBnOil
          SBR Rookie
          • 05-13-15
          • 5

          #5
          Originally posted by BuckyOne
          Did you make sure you can take out via bitcoin if you did not deposit that way? If you have no prior experience with bitcoin I say do it the way they say they will do it. Did you ask about a wire for the whole she - bang. $1200 every two week - is that a ** or something?
          yes they said i can cashout via bitcoin. They will only wire if it is 12,000 or more and i know if i continue to bet i will lose it all. the $1200 every 7 days is a virtual CC wallet.
          Comment
          • CDBnOil
            SBR Rookie
            • 05-13-15
            • 5

            #6
            Originally posted by MUHerd37
            Stick with the money every 7 days. You don't want to mess with bitcoin if you don't know what you are doing.

            no clue what i am doing that is why i am asking for help. I know its a virtual currency that is like a stock and fluctuates 24/7
            Comment
            • gauchojake
              BARRELED IN @ SBR!
              • 09-17-10
              • 34117

              #7
              Smells like bacon up in this muthafukka
              Comment
              • CDBnOil
                SBR Rookie
                • 05-13-15
                • 5

                #8
                Originally posted by gauchojake
                Smells like bacon up in this muthafukka

                are u saying that cause im Canadian?

                or do you think im a cop?

                you do know sports betting is legal in canada right?
                Comment
                • CDBnOil
                  SBR Rookie
                  • 05-13-15
                  • 5

                  #9
                  Does anyone have any useful information ?
                  Comment
                  • BuckyOne
                    SBR MVP
                    • 01-02-15
                    • 2728

                    #10
                    CD - Go the safe secure way and don't mess with bitcoin. You don't really want to practice slowly for a while with bit coin. So, take the cash - practice with bitcoin with smaller amounts and maybe go that route down the road. The thing is - you have to figure out bit coin for yourself - I wouldn't risk the kind of money you are talking about.
                    Comment
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