Dropped from over $10 G to $5 G. 50% loss in a matter of hours. Sorry fellas. Very tough. Ouch.
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03-13-20 03:41 PM #1SBR Poker is ALL Freakin Wild Donk Luck!
Become A Pro!
Join Date: 05-31-18Posts: 4,440Betpoints: 727
How many of y'all hold BT-C for gambling deposits? 50% loss. Sorry.
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03-13-20 03:42 PM #2
no one will admit to that
but those did still say they kept money in bitcoin while it was going up
how about some sportsbooks that ADMITTED to keep money in bitcoin and i warned against it a year ago
we will see the true players in sportsbooks within 3 months
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03-13-20 03:47 PM #3
I keep all my gambling money in BTC. Been doing it for as long as the books have accepted BTC. Yesterday was brutal for sure. But there have been some great days too. Trying to stay positive.
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03-13-20 03:48 PM #4
Saloon this shit. Only squares like drunk Rudy take big hits on deposits.
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03-13-20 03:48 PM #5
Saloon.
Originally Posted by RudyRuetigger
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03-13-20 03:52 PM #6
I actually deposited to my book last night with BTC. When the BTC goes up I will withdraw.
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03-13-20 04:00 PM #7
It dropped close to 50%
But rebounded some today from yesterday
I lost some but it will change daily. No panic here.
Sticks just went up
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03-13-20 04:01 PM #8
Not before you bet it! Originally Posted by pavyracer
That will be a month or longer if the book allows a payout and doesn’t fold
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03-13-20 04:03 PM #9
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
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03-13-20 04:06 PM #10
Had about 500 and change in one.. just gonna leave it in and hope it comes back..
Nothing to bet on right now anyway
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03-13-20 04:08 PM #11
Originally Posted by GzaTheGenius
Exactly
Relax
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03-13-20 04:08 PM #12
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03-13-20 04:10 PM #13
Which part was funny? Originally Posted by jjgold
Lol
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03-13-20 04:17 PM #14
Exactly. I like your style sir. Nothing will harden your nerves like holding BTC haha! Originally Posted by pimike
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03-13-20 04:19 PM #15
Hope you're the first one to go Joe.
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03-13-20 04:21 PM #16
Joe thinks betpoints in wallet is bitcoin. Don't mind him. Originally Posted by Foxx
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03-13-20 04:21 PM #17
I just buy it then instantly deposit, minimal risk
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03-13-20 04:29 PM #18
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? Originally Posted by phinfan27615
Points Awarded:
raiders72001 gave ace7550 2 Betpoint(s) for this post.
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03-13-20 04:37 PM #19
Correct! Originally Posted by ace7550
I honestly trust bitcoin more than some of the books I had money in.
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03-13-20 04:40 PM #20SBR Poker is ALL Freakin Wild Donk Luck!
Join Date: 05-31-18Posts: 4,440Betpoints: 727
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) Originally Posted by cjwatsonfan32
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!
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03-13-20 04:43 PM #21
I was contemplating that this morning. Would I rather have dollars in a sportsbook right now or BTC after it just dropped 40%? Not sure. Originally Posted by pimike
I have both anyways.
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03-13-20 04:45 PM #22
Thanks for the thread Joe. BTC will come back up. And sports will be back soon enough too.
The hysteria wont last forever.
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03-13-20 05:00 PM #23
You are doing this backwards. You want to deposit when BTC price is high and withdraw when it is low. For example, if you deposit $1,000 when BTC is $10,000 you will use 0.1 BTC. Then if the price drops to $5,000 you would get back 0.2 BTC for a $1,000 withdrawal. Originally Posted by pavyracer
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03-13-20 05:03 PM #24
This extends you will need to or will be wishing you did. Originally Posted by ace7550
Don’t wait to long. There will be a freeze on payouts here in a week or two.
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03-13-20 05:07 PM #25
Exactly. And now would be a great time to buy BC thru the SBR store! Originally Posted by Bsims
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03-13-20 05:07 PM #26
I’m still hodling BTC from when it was $5. Originally Posted by JoeCool20
Dropped from over $10 G to $5 G. 50% loss in a matter of hours. Sorry fellas. Very tough. Ouch.
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03-13-20 05:09 PM #27
Figuring it will go up yes. Originally Posted by Art Vandelay
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03-13-20 05:13 PM #28
Good point. I will wait until BTC drops down to $2,000 to withdraw. Originally Posted by Bsims
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03-13-20 05:25 PM #29SBR Poker is ALL Freakin Wild Donk Luck!
Join Date: 05-31-18Posts: 4,440Betpoints: 727
Welcome pal. 50% drop is harsh as hell for people who hold BT-C. I've lost more in the Stock market lately Originally Posted by ace7550
than was enough to buy a few houses with, but it wasn't no damn 50%! And not in a matter of hours! UGH!
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03-13-20 05:29 PM #30SBR Poker is ALL Freakin Wild Donk Luck!
Join Date: 05-31-18Posts: 4,440Betpoints: 727
YES! And for the first time EVER in my time here, my BT-C order was not filled by SBR within a couple of days! Originally Posted by Art Vandelay
So I did not suffer the 50% BT-C losses, because my order is still pending! Whew! My fitty dollas is
still fitty dollas instead of 25 dollas!
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03-13-20 05:36 PM #31
Lol Originally Posted by JoeCool20
YES! And for the first time EVER in my time here, my BT-C order was not filled by SBR within a couple of days!
So I did not suffer the 50% BT-C losses, because my order is still pending! Whew! My fitty dollas is
still fitty dollas instead of 25 dollas!
It already went back up from where it was down 50% and it’s not down 50% any more more
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03-13-20 05:41 PM #32
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03-13-20 05:43 PM #33
Exactly Originally Posted by Hushie
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03-13-20 05:55 PM #34
50% loss for gamblers ain't much
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03-13-20 05:57 PM #35
Better than all. Originally Posted by Snowball
50% loss for gamblers ain't much
Lol
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