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

**texhooper** · 04-17-21, 02:27 PM

In the grand scheme of things I’d say I make 3 deposits a week to 1 withdrawal a week. Give or take. That’s a grand guess

**KVB** · 04-17-21, 02:28 PM

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

Originally posted by Roger T. Bannon

They are a FDIC insured bank. That is a bigger deal than being listed.

I also agree with this.

Sadly I have little new to add, I think these are some valid posts and the others before.

**Roger T. Bannon** · 04-17-21, 02:30 PM

Originally posted by texhooper

In the grand scheme of things I’d say I make 3 deposits a week to 1 withdrawal a week. Give or take. That’s a grand guess

Holy smoke. Yeah, you need to use a middle wallet.

**texhooper** · 04-17-21, 02:31 PM

Yes KVB sadly is right. Ugh.

Can we not just live in fukking peace? Funny most here are conservatives whose politicians hate gambling.

**texhooper** · 04-17-21, 02:32 PM

Originally posted by Roger T. Bannon

Holy smoke. Yeah, you need to use a middle wallet.

Hahahaha...this is not ideal...but I’ve been running weird lately. Whatever

**pologq** · 04-17-21, 02:34 PM

i use coinbase with no problems. do you guys really think they would crack down? won't that hurt a good chunk of business.

**Roger T. Bannon** · 04-17-21, 02:35 PM

If you are a person that makes a few deposits a year, no big deal going straight through. If you are depositing weekly, monthly or on a regular basis, a wallet should definitely be used because you will get busted most likely.

**asiagambler** · 04-17-21, 02:37 PM

Does your book only take bitcoin ?

Should deposit with litecoin or bitcoin cash (BCH) if possible

**Ghenghis Kahn** · 04-17-21, 02:44 PM

Originally posted by texhooper

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

I don't know about using cashapp. Someone said they got banned from cashapp even though they were using an intermediary wallet.

Got banned on CashApp - Sportsbook Review Forum

https://www.sportsbookreview.com/forum/bitcoin-sports-betting/3611805-got-banned-cashapp.html

Bitcoin sportsbook discussion and reviews by SBR and bitcoin sports bettor enthusiasts.

**Roger T. Bannon** · 04-17-21, 02:48 PM

I'd focus more on changing my approach. You want to make fewer deposits. You don't want to ever really withdraw unless you need the money or have met a rollover or something and are done with the book. If you are just going to be gambling, just stick with the book. I can see why a person would be depositing a lot because they are losing. I can't see why they would be withdrawing unless they are a professional.

**texhooper** · 04-17-21, 02:54 PM

Roger I get what you’re saying but with all due respect you might need to get laid buddy

**Roger T. Bannon** · 04-17-21, 02:58 PM

Originally posted by texhooper

Roger I get what you’re saying but with all due respect you might need to get laid buddy

I don't know. Three times a week, I think you might need it. Find another hobby. A whore might be less expensive.

**texhooper** · 04-17-21, 03:11 PM

Roger, if you’re gonna critique my gambling habits, you should get fukked way more than that.

I’m having fun here so don’t get mad

**Roger T. Bannon** · 04-17-21, 03:15 PM

I am glad you are enjoying it. It would be a real shame if you weren't.

**garyking** · 04-17-21, 03:20 PM

And slow as can be today too...Just paid a $30 fee and has been over 2 hours..Used to be under $1

**texhooper** · 04-17-21, 03:22 PM

Gary you deserve some points. What bullshit

**scottgodson1985** · 04-17-21, 03:45 PM

use litecoin only cheap send fees

**MT Casings** · 04-17-21, 04:26 PM

... And I used to think Credit card fees were a rip off. They look good now compared to bitcoin.

**garyking** · 04-17-21, 05:19 PM

Thx...still waiting 4 hours now.

**BuckyOne** · 04-17-21, 05:31 PM

Guys, do the extra work to get a foreign based exchange like Kraken. Use whatever crypto currency does not charge such high fees (they have a lot of them) .

Coin Base sucks and is dangerous because it is USA based (San Francisco). IRS is all over this / right on form 1040 (do you own any Bitcoin)

Coin base probably sends data to IRS on US citizens. Get away from those guys - they suck!

**texhooper** · 04-17-21, 05:36 PM

I’m gonna win so much money this shit won’t matter. New life goal

Be prepared for me to make another great thread about this soon enough

**garyking** · 04-17-21, 05:55 PM

Originally posted by texhooper

I’m gonna win so much money this shit won’t matter. New life goal

Be prepared for me to make another great thread about this soon enough

LOL...good luck!

**pavyracer** · 04-17-21, 06:01 PM

I'm old school. When I was growing up in the rough streets of my hometown we only gambled with cash. Cash is and will always be the king for sportsbetting. No one charges you fees for cash. You show up at the book, you bet with cash, you leave with more cash or you go home broke.

**flyingillini** · 04-17-21, 08:39 PM

16 hours to be credited to Pinnacle and very high fees.

**flyingillini** · 04-17-21, 08:39 PM

Originally posted by pavyracer

I'm old school. When I was growing up in the rough streets of my hometown we only gambled with cash. Cash is and will always be the king for sportsbetting. No one charges you fees for cash. You show up at the book, you bet with cash, you leave with more cash or you go home broke.

**TheMoneyShot** · 04-17-21, 08:49 PM

Originally posted by texhooper

I also have a deposit I made Thursday afternoon still awaiting confirmation. So yeah. Not happy with this bitcoin shit

From what I know... Gemini.com still covers the fees 100% in regards to Gemini to anywhere... Free first 10 transactions each month. I never got a warning letter from them... I don't use them frequently... but if you're looking to avoid networking fees... it's FREE.

**MalikHusam** · 04-17-21, 09:13 PM

Originally posted by flyingillini

16 hours to be credited to Pinnacle and very high fees.

I spend about $8.00 equivalent 36 hours ago.

What's 'very high'? Did you set it manually to get it through ASAP?

**garyking** · 04-17-21, 10:20 PM

I had my BTC wallet set on average fee, was $30 on a $500 transaction. This took about 7 hours. You can set for a lower fee, I've done that once and took close to 24 hours. As far as I know it is a set fee rather than a percentage of transaction, although I could be wrong. It used to be that fees were under $1, and transactions 30 minutes or less. Of course it seems like everyone is into crypto now, seems like the miners must be making a killing.

**unde0087** · 04-17-21, 10:32 PM

Shit is wild, i have never waited more than an hour ever.

**icon** · 04-17-21, 10:34 PM

Originally posted by asiagambler

Does your book only take bitcoin ?

Should deposit with litecoin or bitcoin cash (BCH) if possible

This X 1000.
Litecoin not bad either but personally speaking BCH is easier to get converted and there seems to be more support for it than LTC. I use the blockchain wallet and it can send/recieve Bitcoin Cash (BCH) no problem, it cant receive or send Litecoin.
Bitcoin Cash fees are pennies per transaction and confirmations are fast.

I know that Bookmaker and Betonline both take BCH and can payout the same way.

Also, you can deposit in BCH and withdraw in BTC.

Originally posted by BuckyOne

Guys, do the extra work to get a foreign based exchange like Kraken.

Kraken is most definitely a US company, with offices in San Fran.

**MalikHusam** · 04-18-21, 01:46 AM

I'm a Nitrogen Sports/Bitcoin user. What are some of the alternatives? My average transaction size is from $100 to $300. And paying a $30 fee is fking ridiculous. come on man.

**mngambler** · 04-18-21, 02:59 AM

you noobs still trying to gamble with BTC?

you guys do realize there are crypto books out that and other currencies you can use to avoid all that nonsense right? I pay $20 MAX to withdraw 10k and I get my money in 10 minutes tops using USDT, ETH, LTC, etc

**unde0087** · 04-18-21, 03:28 AM

Originally posted by mngambler

you noobs still trying to gamble with BTC?

you guys do realize there are crypto books out that and other currencies you can use to avoid all that nonsense right? I pay $20 MAX to withdraw 10k and I get my money in 10 minutes tops using USDT, ETH, LTC, etc

i still pay that with bitcoin sup?

**unde0087** · 04-18-21, 03:31 AM

these other guys like to pay huge fees because they listen to the stupid fuks here.

**BeatTheJerk** · 04-18-21, 07:09 AM

Originally posted by TheMoneyShot

From what I know... Gemini.com still covers the fees 100% in regards to Gemini to anywhere... Free first 10 transactions each month. I never got a warning letter from them... I don't use them frequently... but if you're looking to avoid networking fees... it's FREE.

10 free each month ? I thought it was 10 free for the whole calendar year ?