We still need a wallet to send BTC to books?

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  • RoyBacon
    BARRELED IN @ SBR!
    • 09-21-05
    • 37074

    #1
    We still need a wallet to send BTC to books?
    Has anyone tried sending directly from Coinbase to a BOL, BM lately?
  • mjsuax13
    Moderator
    • 03-14-15
    • 24853

    #2
    Originally posted by RoyBacon
    Has anyone tried sending directly from Coinbase to a BOL, BM lately?
    I send from Coinbase to BM and it takes about 20 minutes. Sent $2500 yesterday. Coinbase has high fees but you know the deal, just part of the game.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388189

      #3
      recipe for disaster
      Comment
      • louisvillekid
        SBR Hall of Famer
        • 08-14-07
        • 9254

        #4
        I still go through one of my wallets. Only because people that seem to know/understand crypto wayyyy better than me, have always suggested, or said to do it that way. [WDIK[shoulder shrug]
        Comment
        • Hman
          SBR Posting Legend
          • 11-04-17
          • 21429

          #5
          I honestly don't think it matters anymore.

          If Bitcoin is truly anonymous, and books disguise themselves anyhow, the middle-man doesn't seem necessary
          Comment
          • Chi_archie
            SBR Aristocracy
            • 07-22-08
            • 63165

            #6
            Comment
            • mngambler
              SBR MVP
              • 08-01-11
              • 2890

              #7
              use Gemini for half the fees of Coinbase
              Comment
              • RudyRuetigger
                SBR Aristocracy
                • 08-24-10
                • 65086

                #8
                weird thread


                shouldnt you be telling us?
                Comment
                • jjgold
                  SBR Aristocracy
                  • 07-20-05
                  • 388189

                  #9
                  Middleman all the time
                  Comment
                  • KiDBaZkiT
                    SBR Posting Legend
                    • 10-20-09
                    • 14962

                    #10
                    If your using Bm just go to a Bitcoin ATM bm will cover the fees. Just email them a copy of the transaction. Simple.
                    Comment
                    • asiagambler
                      SBR Hall of Famer
                      • 07-23-17
                      • 6831

                      #11
                      Originally posted by Hman
                      I honestly don't think it matters anymore.

                      If Bitcoin is truly anonymous, and books disguise themselves anyhow, the middle-man doesn't seem necessary
                      Bitcoin is only anonymous if you, the sender, remain anonymous, which you are not if you are KYC-ing at exchanges such as coinbase
                      Comment
                      • Enikk
                        SBR MVP
                        • 09-09-20
                        • 1287

                        #12
                        I always used blockchain in between when sending bitcoin but lately been sending Litecoin (almost instant) so send straight to BM. All withdraws an in between though. Just as long as CB sees you have held coin I don't think it matters.

                        2 years ago I got same email others have got from Gemini asking what I use them for. Haven't used since. Figure if get shut down CB it would be a blessing as usually use debit card and eat mass fees.
                        Comment
                        • Hman
                          SBR Posting Legend
                          • 11-04-17
                          • 21429

                          #13
                          Originally posted by asiagambler
                          Bitcoin is only anonymous if you, the sender, remain anonymous, which you are not if you are KYC-ing at exchanges such as coinbase
                          Regardless, I just don't think Coinbase and the rest of them give a sh!t anymore.
                          Especially with all of the legalization in the states.
                          Comment
                          • maxell
                            SBR Sharp
                            • 06-09-14
                            • 397

                            #14
                            Seems to me, the less of a footprint you have anywhere is a good thing.
                            Comment
                            • swordsandtequila
                              SBR Hall of Famer
                              • 02-23-12
                              • 9756

                              #15
                              Originally posted by RoyBacon
                              Has anyone tried sending directly from Coinbase to a BOL, BM lately?
                              Use a wallet, only takes one time to be burned. Anything else is bad advice. Use Litecoin or Bitcoin Cash to deposit, it's fast and fees are nonexistent compared to Bitcoin.
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388189

                                #16
                                Originally posted by swordsandtequila
                                Use a wallet, only takes one time to be burned. Anything else is bad advice. Use Litecoin or Bitcoin Cash to deposit, it's fast and fees are nonexistent compared to Bitcoin.
                                yep
                                Comment
                                • RoyBacon
                                  BARRELED IN @ SBR!
                                  • 09-21-05
                                  • 37074

                                  #17
                                  Originally posted by swordsandtequila
                                  Use a wallet, only takes one time to be burned. Anything else is bad advice. Use Litecoin or Bitcoin Cash to deposit, it's fast and fees are nonexistent compared to Bitcoin.
                                  I'll give litecoin a try.
                                  Comment
                                  • comet52
                                    SBR Hustler
                                    • 10-16-19
                                    • 59

                                    #18
                                    So I want to deposit to BM for NFL season, and I see they are giving crypto bonuses to boot. But I don't know jack about crypto. I'm looking at the litecoin site and it looks like I can take the address from BM and drop it in there, buy the coin with a debit card, and done.

                                    Do I have this right and is this safe? I see guys here saying get a wallet, which seems like more rigamarole. penetrate, I'd just use ** but they are giving the decent bonus to make me screw around with crypto so I'm going to try. Sorry I am an old fart who doesn't like change lol. Appreciate any advice.
                                    Comment
                                    • carolinakid
                                      SBR Posting Legend
                                      • 01-12-11
                                      • 19106

                                      #19
                                      ^^^^^^once you start and get use to the process, you will wonder why you waited so long to do it....
                                      Comment
                                      • jackpot269
                                        SBR Posting Legend
                                        • 09-24-07
                                        • 12821

                                        #20
                                        Originally posted by RoyBacon
                                        Has anyone tried sending directly from Coinbase to a BOL, BM lately?
                                        That's what I've been doing since MAY to BOL no problems so far
                                        Comment
                                        • jackpot269
                                          SBR Posting Legend
                                          • 09-24-07
                                          • 12821

                                          #21
                                          Originally posted by jackpot269
                                          That's what I've been doing since MAY to BOL no problems so far
                                          The first time it took about an hour for some reason I was getting worried then it went thru, since then it takes about 10 minutes
                                          Comment
                                          • carolinakid
                                            SBR Posting Legend
                                            • 01-12-11
                                            • 19106

                                            #22
                                            coinbase has a wallet for your needs too
                                            Comment
                                            • Booya711
                                              BARRELED IN @ SBR!
                                              • 12-20-11
                                              • 27329

                                              #23
                                              I just use locals….life is easy
                                              Comment
                                              • TheGoldenGoose
                                                SBR MVP
                                                • 11-27-12
                                                • 3745

                                                #24
                                                Originally posted by Booya711
                                                I just use locals….life is easy
                                                You are an idiot.

                                                With no reduced juice you are a LOSER.
                                                Comment
                                                • littlekona
                                                  SBR Hall of Famer
                                                  • 11-19-15
                                                  • 5241

                                                  #25
                                                  Originally posted by asiagambler
                                                  Bitcoin is only anonymous if you, the sender, remain anonymous, which you are not if you are KYC-ing at exchanges such as coinbase
                                                  You may or may not be anonymous but your transactions are not. Plenty of cyber crypto security companies poping up tracking all transactions that their clients want them to to keep them compliant in accordance to US law like patriot act and KYC. No such thing as 100% anonymous anymore middle man wallet or not
                                                  Comment
                                                  • themike78
                                                    SBR MVP
                                                    • 07-01-13
                                                    • 4873

                                                    #26
                                                    Originally posted by littlekona
                                                    You may or may not be anonymous but your transactions are not. Plenty of cyber crypto security companies poping up tracking all transactions that their clients want them to to keep them compliant in accordance to US law like patriot act and KYC. No such thing as 100% anonymous anymore middle man wallet or not
                                                    100 percent true. There is nothing anonymous about bitcoin anymore.
                                                    Comment
                                                    • louisvillekid
                                                      SBR Hall of Famer
                                                      • 08-14-07
                                                      • 9254

                                                      #27
                                                      Anyone that is "verified" by some of these wallets - is it better to use Passport or DL? I'd like to get verified at a few of these, Blockchain, Trust and Krackon , so I can dump 1-2k into some of those high APY coins/tokens. But at same time I don't trust scanning front and back of my DL so that it's out into the ether of the WWW.
                                                      Comment
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