How many of y'all hold BT-C for gambling deposits? 50% loss. Sorry.

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  • pologq
    SBR Posting Legend
    • 10-07-12
    • 19899

    #36
    Originally posted by ace7550
    Why are sports bettors so risk averse when it comes to bitcoin and not risk averse at all when it comes to betting on sports?
    the thrill of the bet
    Comment
    • Wrongside
      SBR MVP
      • 09-26-15
      • 3579

      #37
      Originally posted by cjwatsonfan32
      It didn’t drop from 10 k to 5k in 24 hours. It was slowly dropping weeks before and then fell sharply. You were being warned long enough to not have been affected, if you’re not a dumbass. But this post is highly inaccurate


      Comment
      • cjwatsonfan32
        SBR MVP
        • 01-24-11
        • 1640

        #38
        Originally posted by JoeCool20
        LOL What a thing to "take out" of this thread! Great job Sherlock. For your next act, why not go look at (& report to us)

        exactly how much it did drop when it "fell sharply." And also tell us exactly how many hours it took to fall that "sharply."

        LOL Or maybe just look at all the replies besides yours, and then forget about how "highly inaccurate" the post about the

        50% drop was, and answer the question. Do you hold BT-C for gambling or not? If so, sorry about the 50% losses!
        From Feb 19 to March 9 it dropped to 10k to 7500 with intermittent spots of recovery in between. So no I didn’t answer your question because you said “if so, sorry about the 50%” losses” which would have assumed it was held through the first 25% loss.

        To answer your question about 1 hour for the first $1500 from $7200 to $5700 then another $1700 down to $3,946 in a span of around 3 hours.

        All I’m saying joe is to be more accurate with the info you provide after your question.

        I don’t need to look at replies to think you are off on your numbers.
        Comment
        • pimike
          BARRELED IN @ SBR!
          • 03-23-08
          • 37140

          #39
          Today much better than yesterday
          Comment
          • Vyasports
            SBR Hall of Famer
            • 01-27-19
            • 4946

            #40
            so...whats the next move?
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            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #41
              Nothing. Here
              Comment
              • pimike
                BARRELED IN @ SBR!
                • 03-23-08
                • 37140

                #42
                Originally posted by Vyasports
                so...whats the next move?
                Hold it!!!

                Books will open up later with great bonuses. You can then transfer to one of the good books to recover some of the bitcoin losses if it isn’t corrected beforeZ

                Hold it in your wallet!!

                Shit books take out now if you can!

                My humble thoughts!
                Comment
                • pimike
                  BARRELED IN @ SBR!
                  • 03-23-08
                  • 37140

                  #43
                  I made about 1,000 in bitcoins. Lost about half then boom went up about 1,000 more than I had by holding it.
                  Comment
                  • JoeCool20
                    SBR MVP
                    • 05-31-18
                    • 4440

                    #44
                    Originally posted by pimike
                    I made about 1,000 in bitcoins. Lost about half then boom went up about 1,000 more than I had by holding it.
                    HUH? Maybe you got lucky and bought some BT-C when it was at $3900?
                    Comment
                    • pimike
                      BARRELED IN @ SBR!
                      • 03-23-08
                      • 37140

                      #45
                      Originally posted by JoeCool20
                      HUH? Maybe you got lucky and bought some BT-C when it was at $3900?
                      I had 3500 it actually dropped about 700 then I had 400 added. My bad forgot about that. So about 600 I made went to 4520
                      Comment
                      • MeanPeopleSuck
                        SBR Wise Guy
                        • 04-29-17
                        • 950

                        #46
                        IMVHO, BTC's seems like a decent short term buy and hold. Why? Well, to understand the exact coding reasons you'll need to ask someone way smarter than me, but in broad strokes sometime around May 12th-ish, the release rate of new BTC as payment to the BTC miners will be cut in half, something that happens every 4 years.

                        I won't bore you with technical arguments (he said, mostly to cover up the fact he doesn't understand a lot of those arguments himself), but a sizeable amount of the BTC community believes this "havening" -- any excuse to recall fond memories of the fappening, amiright? -- is likely to lift BTC prices either ramping up into or immediately following the halvening itself: https://www.bitcoinblockhalf.com/
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