1. #1
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    BTC Transferring Advice.

    After the 7 day hold its already down $1700. Should I just transfer it now into BM & cut my losses or wait till it hopefully goes back up to over 50K?

  2. #2
    pablo222
    pablo222's Avatar SBR PRO
    Join Date: 01-03-19
    Posts: 8,813
    Betpoints: 25474

    It should be back over 50 soon. Some volatility right now.
    Has been below above and back below 50 several times this week

  3. #3
    SamsNCharge99
    5x POTM. 2x Video maker of the year
    SamsNCharge99's Avatar Become A Pro!
    Join Date: 10-22-08
    Posts: 41,242
    Betpoints: 6404

    Dammit

  4. #4
    Hman
    Hman's Avatar Become A Pro!
    Join Date: 11-04-17
    Posts: 21,429
    Betpoints: 1222

    Coinbase has screwed me many times like this

  5. #5
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    Quote Originally Posted by SamsNCharge99 View Post
    Dammit
    Exactly Sam..these 7 day holds make no sense.( Money was debited out of my checking account within 2 days).. Losing $1700 on my own is one thing but to be at the mercy of random BTC volatility is total bullshit

  6. #6
    SamsNCharge99
    5x POTM. 2x Video maker of the year
    SamsNCharge99's Avatar Become A Pro!
    Join Date: 10-22-08
    Posts: 41,242
    Betpoints: 6404

    On the flip side if you profited it would have been awesome

  7. #7
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    BTC for gambling = Gamble Gamble

  8. #8
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    Quote Originally Posted by SamsNCharge99 View Post
    On the flip side if you profited it would have been awesome
    Yeah but I knew I wasn't, considering I bought it when it was over 55K..market correction was bound to hit. I want to go big on Diego the next 3 matches or at least until he makes the Final. He's gonna be super motivated to finally win a title in his country against a weak field.

  9. #9
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    Fukk it couldn't wait.. I know I'm gonna regret this once it gets back to 55K within a week. Gonna go out of my way not to check the price in the near future to prevent sender's remorse.

  10. #10
    BeatTheJerk
    BeatTheJerk's Avatar Become A Pro!
    Join Date: 08-19-07
    Posts: 31,798
    Betpoints: 84

    Quote Originally Posted by Doug tushyterror View Post
    After the 7 day hold its already down $1700. Should I just transfer it now into BM & cut my losses or wait till it hopefully goes back up to over 50K?
    What exchange or method do you use ? There’s no option to keep it in USD while the deposit clears ?

  11. #11
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Doug... you have to Trust YOUR gut feeling -- It is your $$$

    BTC might be 35K tomorrow... who knows

  12. #12
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    Quote Originally Posted by BeatTheJerk View Post
    What exchange or method do you use ? There’s no option to keep it in USD while the deposit clears ?
    Coinbase..I can't do anything but transfer any type of gains (transferred apx. $900 in gains the 1st few days) until the 7 day hold.

  13. #13
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    Quote Originally Posted by Sam Odom View Post
    Doug... you have to Trust YOUR gut feeling -- It is your $$$

    BTC might be 35K tomorrow... who knows
    My thoughts exactly..if I don't have enough faith to build up my BR higher than any types of BTC gains, might as well quit gambling & leave it all in Coinbase.

  14. #14
    SamsNCharge99
    5x POTM. 2x Video maker of the year
    SamsNCharge99's Avatar Become A Pro!
    Join Date: 10-22-08
    Posts: 41,242
    Betpoints: 6404

    Had swartzman today. Easy

  15. #15
    Doug tushyterror
    Doug tushyterror's Avatar Become A Pro!
    Join Date: 07-03-12
    Posts: 3,764
    Betpoints: 406

    Quote Originally Posted by SamsNCharge99 View Post
    Had swartzman today. Easy
    Solid bet.. No reason not to take him the rest of the week. Had $16 left in my account after redeeming my bet points. Hit an easy 3TP then for some dumb reason parlayed Kecm. instead of RBA with Diego.


  16. #16
    pologq
    When you are SBR you are SBR 4 Life
    pologq's Avatar Become A Pro!
    Join Date: 10-07-12
    Posts: 19,849
    Betpoints: 5971

    doug making big moves again. i like it.


  17. #17
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    You wait for the 7-day hold to be through and then you buy and send.
    Nomination(s):
    This post was nominated 2 times . To view the nominated thread please click here. People who nominated: MoneylineExpress, and RedApples

  18. #18
    MalikHusam
    I LIKE IT
    MalikHusam's Avatar SBR PRO
    Join Date: 09-07-16
    Posts: 2,179
    Betpoints: 894

    It will go over 50k. It will go over 100k. It will go over 500k eventually.

    But you shouldn't try to time the market. Just avoid sportsbook that freeroll on you exchange rate to USD. If you get better price, you'll probably lose some when cashing out as they wait you out.

    If you can get a better price at a bitcoin balance book, that's your best bet obviously.

  19. #19
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Quote Originally Posted by MalikHusam View Post
    It will go over 50k. It will go over 100k. It will go over 500k eventually.

    But you shouldn't try to time the market. Just avoid sportsbook that freeroll on you exchange rate to USD. If you get better price, you'll probably lose some when cashing out as they wait you out.

    If you can get a better price at a bitcoin balance book, that's your best bet obviously.
    Why bother to bet on sports?
    Points Awarded:

    gauchojake gave Roger T. Bannon 2 Betpoint(s) for this post.


  20. #20
    himjain2
    himjain2's Avatar Become A Pro!
    Join Date: 08-21-18
    Posts: 29
    Betpoints: 455

    2 things that might be useful:

    1. You can request Bookmaker.eu for the exchange fees.. They can give back upto 15% of the deposit that has been spent in exchange fees. I know this is due to price fluctuation and not exchange fees, but no harm in trying.
    2. Always do wire deposits to Coinbase, which is credited the same day and coins are available for withdrawal immediately. It will cost you 25-30$ max but much better than this hold time.

  21. #21
    leovegas
    leovegas's Avatar Become A Pro!
    Join Date: 09-03-17
    Posts: 2,402
    Betpoints: 329

    Quote Originally Posted by MalikHusam View Post
    It will go over 50k. It will go over 100k. It will go over 500k eventually.

    But you shouldn't try to time the market. Just avoid sportsbook that freeroll on you exchange rate to USD. If you get better price, you'll probably lose some when cashing out as they wait you out.

    If you can get a better price at a bitcoin balance book, that's your best bet obviously.
    Better price meaning exchange price? I'm not following the argument, let alone the 500k prognostication lol

  22. #22
    themike78
    themike78's Avatar Become A Pro!
    Join Date: 07-01-13
    Posts: 4,873
    Betpoints: 10636

    Quote Originally Posted by MalikHusam View Post
    It will go over 50k. It will go over 100k. It will go over 500k eventually.

    But you shouldn't try to time the market. Just avoid sportsbook that freeroll on you exchange rate to USD. If you get better price, you'll probably lose some when cashing out as they wait you out.

    If you can get a better price at a bitcoin balance book, that's your best bet obviously.
    So bitcoin is going to be worth half a million dollars lol ok. Is this going to be in weeks or months. Please let me know.

  23. #23
    ThaTopMoron
    Body-Bags
    ThaTopMoron's Avatar Become A Pro!
    Join Date: 04-30-10
    Posts: 26,539
    Betpoints: 6858

    Quote Originally Posted by themike78 View Post
    So bitcoin is going to be worth half a million dollars lol ok. Is this going to be in weeks or months. Please let me know.
    he said eventually pal

    how are the people in the past who said it would never get back to 20k... 50k would never happen, etc??? feeling now?

  24. #24
    unde0087
    Did we win?
    unde0087's Avatar SBR PRO
    Join Date: 03-27-08
    Posts: 28,141
    Betpoints: 181

    Quote Originally Posted by Hman View Post
    Coinbase has screwed me many times like this
    that is why you use cashapp, cut the middle guy and stop losing money on this dumb shit.

  25. #25
    leovegas
    leovegas's Avatar Become A Pro!
    Join Date: 09-03-17
    Posts: 2,402
    Betpoints: 329

    Quote Originally Posted by ThaTopMoron View Post
    he said eventually pal

    how are the people in the past who said it would never get back to 20k... 50k would never happen, etc??? feeling now?
    But without a defined timeframe anything is possible. Sun will go down and not come up one day, and the civilization will end.

    This is a gambling forum so general statements without defined circumstances/conditions that make a bet/prediction a winner or a loser, look out of place to me personally.

  26. #26
    gauchojake
    Have Some Asthma
    gauchojake's Avatar SBR PRO
    Join Date: 09-17-10
    Posts: 33,724
    Betpoints: 13164

    Quote Originally Posted by Roger T. Bannon View Post
    Why bother to bet on sports?
    If I just saved all of the BTC I ever sent to a book I would be retired. It's humbling - I gave a lot of people a lot of shit about bitcoin. Oh well I am rich in spirit.

  27. #27
    leovegas
    leovegas's Avatar Become A Pro!
    Join Date: 09-03-17
    Posts: 2,402
    Betpoints: 329

    Quote Originally Posted by gauchojake View Post
    If I just saved all of the BTC I ever sent to a book I would be retired. It's humbling - I gave a lot of people a lot of shit about bitcoin. Oh well I am rich in spirit.
    Was most of it sent to books like 5dimes (btc converts to fiat currency and you gain nothing from bitcoin rate increases) or cloudbet (btc stays in btc balance so you have more fiat currency equivalent if you hold money and win in that book)?

  28. #28
    pablo222
    pablo222's Avatar SBR PRO
    Join Date: 01-03-19
    Posts: 8,813
    Betpoints: 25474

    Quote Originally Posted by ThaTopMoron View Post
    he said eventually pal

    how are the people in the past who said it would never get back to 20k... 50k would never happen, etc??? feeling now?
    He has been saying it will be worth ZERO for years, but he is more optimistic lately.
    He is now saying it will be worth $250.00.

  29. #29
    RedApples
    sup
    RedApples's Avatar Become A Pro!
    Join Date: 10-02-18
    Posts: 721
    Betpoints: 1564

    Quote Originally Posted by Sam Odom View Post
    Doug... you have to Trust YOUR gut feeling -- It is your $$$

    BTC might be 35K tomorrow... who knows
    Apparently he does. Every time he goes one way OF COURSE ITS GOING TO GO THE OTHER WAY! I just knew it!

  30. #30
    pologq
    When you are SBR you are SBR 4 Life
    pologq's Avatar Become A Pro!
    Join Date: 10-07-12
    Posts: 19,849
    Betpoints: 5971

    Quote Originally Posted by gauchojake View Post
    If I just saved all of the BTC I ever sent to a book I would be retired. It's humbling - I gave a lot of people a lot of shit about bitcoin. Oh well I am rich in spirit.
    same here. i used to laugh about it. i also laughed about computers in the very early 90s. my track record obviously is not that good lol.

  31. #31
    Roger T. Bannon
    Roger T. Bannon's Avatar Become A Pro!
    Join Date: 06-28-18
    Posts: 5,139
    Betpoints: 11760

    Quote Originally Posted by gauchojake View Post
    If I just saved all of the BTC I ever sent to a book I would be retired. It's humbling - I gave a lot of people a lot of shit about bitcoin. Oh well I am rich in spirit.
    He who laughs last, laughs best.

  32. #32
    gauchojake
    Have Some Asthma
    gauchojake's Avatar SBR PRO
    Join Date: 09-17-10
    Posts: 33,724
    Betpoints: 13164

    Quote Originally Posted by leovegas View Post
    Was most of it sent to books like 5dimes (btc converts to fiat currency and you gain nothing from bitcoin rate increases) or cloudbet (btc stays in btc balance so you have more fiat currency equivalent if you hold money and win in that book)?
    some to btc books, most to fiat

  33. #33
    BuckyOne
    BuckyOne's Avatar SBR PRO
    Join Date: 01-02-15
    Posts: 2,727
    Betpoints: 19213

    Coin Base is the worst wallet of all time! Get rid of them and use an exchange where you can convert to USD or deposit in USD. Absolutely no reason to take a loss like this on fluctuations!

  34. #34
    funnyb25
    Go Get Laid Man!
    funnyb25's Avatar SBR PRO
    Join Date: 07-09-09
    Posts: 39,621
    Betpoints: 23924

    I am banned from Coinbase and Gemini, and Electrum is worthless. Lock

  35. #35
    BuckyOne
    BuckyOne's Avatar SBR PRO
    Join Date: 01-02-15
    Posts: 2,727
    Betpoints: 19213

    Do the extra work to get Kraken!

12 Last
Top