Just paid 22% in bitcoin fees from purchase to wallet to book

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  • texhooper
    SBR Posting Legend
    • 01-05-09
    • 10001

    #1
    Just paid 22% in bitcoin fees from purchase to wallet to book
    If this happens again I’m going legit.

    And before you dorks come in like “well have you tried faglytherium you can negotiate down to one cent per hypersplasia” fukk that I’m not doing that this shouldn’t be any more difficult than it currently is
  • texhooper
    SBR Posting Legend
    • 01-05-09
    • 10001

    #2
    I also have a deposit I made Thursday afternoon still awaiting confirmation. So yeah. Not happy with this bitcoin shit
    Comment
    • RudyRuetigger
      SBR Aristocracy
      • 08-24-10
      • 65086

      #3
      ive started to use bitcoin.com or coinmama and just post the sportsbook address instead of sending to blockchain
      Comment
      • texhooper
        SBR Posting Legend
        • 01-05-09
        • 10001

        #4
        Originally posted by RudyRuetigger
        ive started to use bitcoin.com or coinmama and just post the sportsbook address instead of sending to blockchain
        This is really the question IS WALLET NECESSARY that’s where all the fees hit...can we get more people than just jibbby to confirm this
        Comment
        • RudyRuetigger
          SBR Aristocracy
          • 08-24-10
          • 65086

          #5
          Originally posted by texhooper
          This is really the question IS WALLET NECESSARY that’s where all the fees hit...can we get more people than just jibbby to confirm this
          to withdraw, id do that


          if you use coinbase to deposit, id do this


          but im on about my 5th deposit through bitcoin.com straight to youwager


          it looks like bitcoin.com has many processors but i only use moonpay with them
          Comment
          • pilebuck13
            SBR Posting Legend
            • 05-15-15
            • 17916

            #6
            Why iota will own them eventually
            Comment
            • texhooper
              SBR Posting Legend
              • 01-05-09
              • 10001

              #7
              Originally posted by pilebuck13
              Why iota will own them eventually
              Piler you’re speaking klingon
              Comment
              • unde0087
                BARRELED IN @ SBR!
                • 03-27-08
                • 28881

                #8
                Originally posted by RudyRuetigger
                ive started to use bitcoin.com or coinmama and just post the sportsbook address instead of sending to blockchain
                I do this as well. Coinbase or cashapp straight to the book and back. Never had a problem although I don't send 10k or more ever. But have done this for the past 3 years and have never been asked one question. I know in the past several posters have said they were blocked or account was closed. But I have never had a problem. Haven't ever been questioned one time about my transactions.
                Comment
                • louisvillekid
                  SBR Hall of Famer
                  • 08-14-07
                  • 9255

                  #9
                  Originally posted by texhooper
                  If this happens again I’m going legit.

                  And before you dorks come in like “well have you tried faglytherium you can negotiate down to one cent per hypersplasia” fukk that I’m not doing that this shouldn’t be any more difficult than it currently is
                  I hear you. Zhit has gotten crazy with the wallet fees from BC to the books.
                  Comment
                  • texhooper
                    SBR Posting Legend
                    • 01-05-09
                    • 10001

                    #10
                    Unde, Rudy, jibbby...might be time for me to nut up and skip the wallet.

                    I don’t want to go legit. Stateside lines are so shitty.

                    If my cashapp got suspended or cancelled I’d be upset though. But maybe it’s worth it just to see haha
                    Comment
                    • RudyRuetigger
                      SBR Aristocracy
                      • 08-24-10
                      • 65086

                      #11
                      i told you what i use bro, and cashapp isnt it


                      cant help you there
                      Comment
                      • unde0087
                        BARRELED IN @ SBR!
                        • 03-27-08
                        • 28881

                        #12
                        Originally posted by texhooper
                        Unde, Rudy, jibbby...might be time for me to nut up and skip the wallet.

                        I don’t want to go legit. Stateside lines are so shitty.

                        If my cashapp got suspended or cancelled I’d be upset though. But maybe it’s worth it just to see haha
                        Well I have used cashapp for almost all my transactions for the past year. I cashed out of bovada 9.5k just two weeks ago. Send it straight back and then into my checking account in an hour. I am not paying the fees. I have deposited and cashed out to multiple books several times in the last year. In fact almost 100% of my cashapp transactions are doing business with bovada and justbet. Again nothing ever said to me. Most of the transactions are for thousands of dollars. I will keep doing it until they start giving me the business about it.
                        Comment
                        • RudyRuetigger
                          SBR Aristocracy
                          • 08-24-10
                          • 65086

                          #13
                          for me, worst case scenario is i get banned and cant deposit offshore which means i save money


                          OH WELL


                          ill take the risk to save money
                          Comment
                          • texhooper
                            SBR Posting Legend
                            • 01-05-09
                            • 10001

                            #14
                            Originally posted by RudyRuetigger
                            i told you what i use bro, and cashapp isnt it


                            cant help you there
                            I know but I very much like using cashapp. I have your shit noted
                            Comment
                            • texhooper
                              SBR Posting Legend
                              • 01-05-09
                              • 10001

                              #15
                              Originally posted by unde0087
                              Well I have used cashapp for almost all my transactions for the past year. I cashed out of bovada 9.5k just two weeks ago. Send it straight back and then into my checking account in an hour. I am not paying the fees. I have deposited and cashed out to multiple books several times in the last year. In fact almost 100% of my cashapp transactions are doing business with bovada and justbet. Again nothing ever said to me. Most of the transactions are for thousands of dollars. I will keep doing it until they start giving me the business about it.
                              Might be time for this guy to nut the fukk up and go cashapp to book oh my!!!!!!
                              Comment
                              • unde0087
                                BARRELED IN @ SBR!
                                • 03-27-08
                                • 28881

                                #16
                                Originally posted by texhooper
                                Might be time for this guy to nut the fukk up and go cashapp to book oh my!!!!!!
                                Not telling you what to do. I would sure hate to have you do it then get banned but like I said as long as you aren't stupid about it I highly doubt anyone ever says a thing. I have done it for years. Good luck to you. It is hard enough beating books I am not going to give hundreds of dollars of it back because the blockchain wants to rob me.
                                Comment
                                • Roger T. Bannon
                                  SBR Hall of Famer
                                  • 06-28-18
                                  • 5139

                                  #17
                                  How many times can you get bitcoin banned? Quite a few now.

                                  How likely are you to get bitcoin banned? Not very.

                                  How often will you get hit for ridiculous fees by scammers? Every time.

                                  Make larger deposits and bet smaller and make your deposits last. If you are not depositing all that often, it should not be a problem and if it is there are alternatives.

                                  If you are sending money all the time, you probably need to stop. Just bet at SBR.
                                  Comment
                                  • texhooper
                                    SBR Posting Legend
                                    • 01-05-09
                                    • 10001

                                    #18
                                    Roger THANKS I should just quit really
                                    Comment
                                    • Roger T. Bannon
                                      SBR Hall of Famer
                                      • 06-28-18
                                      • 5139

                                      #19
                                      I've probably sent 30 or 40 times without a problem. Had money sent to plenty of times directly.

                                      I would not mind at all getting banned. I can guarantee you the book will figure out a way for you to deposit if you ask.
                                      Comment
                                      • leovegas
                                        SBR MVP
                                        • 09-03-17
                                        • 2542

                                        #20
                                        Originally posted by texhooper
                                        I also have a deposit I made Thursday afternoon still awaiting confirmation. So yeah. Not happy with this bitcoin shit
                                        Can you share which wallet you are using? Were you given a choice of paying less (and waiting longer) when you initiated the transaction?
                                        Comment
                                        • clockwise1965
                                          SBR Hall of Famer
                                          • 10-01-13
                                          • 6753

                                          #21
                                          Ridiculous
                                          Comment
                                          • Ghenghis Kahn
                                            SBR Posting Legend
                                            • 01-02-12
                                            • 19735

                                            #22
                                            Yeah fees are a joke right now with BTC and ETH, maybe that's the reason for coins like Nano and Hathor pumping. Those have no fees. I think the future of cryptos is coins with no fees. Who wants to pay more fees than what banks charge? It defeats the purpose of using cryptos daily
                                            Comment
                                            • Ghenghis Kahn
                                              SBR Posting Legend
                                              • 01-02-12
                                              • 19735

                                              #23
                                              Originally posted by pilebuck13
                                              Why iota will own them eventually
                                              Lol hell no
                                              Comment
                                              • texhooper
                                                SBR Posting Legend
                                                • 01-05-09
                                                • 10001

                                                #24
                                                Originally posted by Ghenghis Kahn
                                                Yeah fees are a joke right now with BTC and ETH, maybe that's the reason for coins like Nano and Hathor pumping. Those have no fees. I think the future of cryptos is coins with no fees. Who wants to pay more fees than what banks charge? It defeats the purpose of using cryptos daily
                                                I meant to give you ten points for this haha...

                                                The thing is no matter what wallet I’m using or any of that shit none of this shit should be so complex. The book says use bitcoin. I use bitcoin. Then bitcoin fleeces me.

                                                But I’ll start playing with fire I guess and go from purchase directly to the book. And how about getting withdrawals directly to coinbase, how does this go? I usually withdraw a bunch extra to make up for those fees. What do you guys do if you ever withdraw
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388189

                                                  #25
                                                  Me too

                                                  I cannot understand fees


                                                  Originally posted by Roger T. Bannon
                                                  I've probably sent 30 or 40 times without a problem. Had money sent to plenty of times directly.

                                                  I would not mind at all getting banned. I can guarantee you the book will figure out a way for you to deposit if you ask.
                                                  Comment
                                                  • Roger T. Bannon
                                                    SBR Hall of Famer
                                                    • 06-28-18
                                                    • 5139

                                                    #26
                                                    Originally posted by texhooper
                                                    I meant to give you ten points for this haha...

                                                    The thing is no matter what wallet I’m using or any of that shit none of this shit should be so complex. The book says use bitcoin. I use bitcoin. Then bitcoin fleeces me.

                                                    But I’ll start playing with fire I guess and go from purchase directly to the book. And how about getting withdrawals directly to coinbase, how does this go? I usually withdraw a bunch extra to make up for those fees. What do you guys do if you ever withdraw
                                                    Withdrawals are pretty fast nowadays so those go pretty well. You usually get what they sent.
                                                    Comment
                                                    • Ghenghis Kahn
                                                      SBR Posting Legend
                                                      • 01-02-12
                                                      • 19735

                                                      #27
                                                      Originally posted by texhooper
                                                      I meant to give you ten points for this haha...

                                                      The thing is no matter what wallet I’m using or any of that shit none of this shit should be so complex. The book says use bitcoin. I use bitcoin. Then bitcoin fleeces me.

                                                      But I’ll start playing with fire I guess and go from purchase directly to the book. And how about getting withdrawals directly to coinbase, how does this go? I usually withdraw a bunch extra to make up for those fees. What do you guys do if you ever withdraw
                                                      Ugh, I don't recommend going directly from exchanges to books and vice a versa. That's a sure way for you to get banned from exchanges. Not a big deal to get banned from books but there aren't too many exchanges for Americans. I know the fees are high right now but don't take the risk. It's not worth it
                                                      Comment
                                                      • KVB
                                                        SBR Aristocracy
                                                        • 05-29-14
                                                        • 74817

                                                        #28
                                                        I agree with Kahn on both the coins and fees and getting ousted from exchanges.

                                                        Has anyone been booted from an exchange because of this?
                                                        Comment
                                                        • texhooper
                                                          SBR Posting Legend
                                                          • 01-05-09
                                                          • 10001

                                                          #29
                                                          Originally posted by KVB
                                                          I agree with Kahn on both the coins and fees and getting ousted from exchanges.

                                                          Has anyone been booted from an exchange because of this?
                                                          Wanna know
                                                          Comment
                                                          • Roger T. Bannon
                                                            SBR Hall of Famer
                                                            • 06-28-18
                                                            • 5139

                                                            #30
                                                            If you want to do a lot of withdrawals just move from one book to another. You are not getting banned doing that.
                                                            Comment
                                                            • texhooper
                                                              SBR Posting Legend
                                                              • 01-05-09
                                                              • 10001

                                                              #31
                                                              In case anyone’s wondering I go cashapp-blockchain wallet-book for deposits and book-blockchain wallet-coinbase for withdrawals.

                                                              I’ve done each of those many times.

                                                              The fees kick in after blockchain wallet on deposits or withdrawals. I think most understand this but wanted to clarify I’m used to this process but these days the fees are enough to take a nun’s virginity during confession
                                                              Comment
                                                              • texhooper
                                                                SBR Posting Legend
                                                                • 01-05-09
                                                                • 10001

                                                                #32
                                                                I know Rudy has given some specific instructions to avoid wallet but don’t know if anyone else had any experience there.

                                                                Anything I know about doing bitcoin deposits/withdrawals I learned from SBR so willing to learn but everything beyond what I’m doing now seems sketchy and with risk
                                                                Comment
                                                                • Roger T. Bannon
                                                                  SBR Hall of Famer
                                                                  • 06-28-18
                                                                  • 5139

                                                                  #33
                                                                  Blockchain is apparently a big problem nowadays. How often do you make sportsbook deposits or withdrawals?
                                                                  Comment
                                                                  • capitalist pig
                                                                    SBR MVP
                                                                    • 01-25-07
                                                                    • 4996

                                                                    #34
                                                                    With CB now being a publicly traded company as of a few days ago on nasdaq my guess is people should be a lot more careful moving btc and should always use a middle wallet. CB is going to be under a lot more scrutiny now than they ever were before. Just remember why using the two money sending companies had to stop catering to offshore and that will be CBs future jmo
                                                                    Comment
                                                                    • Roger T. Bannon
                                                                      SBR Hall of Famer
                                                                      • 06-28-18
                                                                      • 5139

                                                                      #35
                                                                      Originally posted by capitalist pig
                                                                      With CB now being a publicly traded company as of a few days ago on nasdaq my guess is people should be a lot more careful moving btc and should always use a middle wallet. CB is going to be under a lot more scrutiny now than they ever were before. Just remember why using the two money sending companies had to stop catering to offshore and that will be CBs future jmo
                                                                      They are a FDIC insured bank. That is a bigger deal than being listed.
                                                                      Comment
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