Talk to me about Nitrogen/Bitcoin book

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11119

    #36
    Originally posted by RonPaul2008
    Was also wondering if anyone has, or knows if it is possible with books rules, to use bitcoin without having a wallet... like so..

    1) You have a bunch of dollars in book A that allows bitcoin withdraws
    2) you withdraw coins from book A straight to your account at Nitrogen or another bitcoin book
    3) when you have more then you want in nitrogen, transfer it back to book A (or another one of your regular books that accept bitcoin) which then converts it back to $ in your account. Then, when you are ready, you can withdraw from that book in your fiat currency.

    Anyone do this or know if its realistically possible with rules and such?

    thanks

    This way, someone could get started and feel comfortable not worrying about security or other tech aspects.
    Bitcoins and bitcoin books seem complicated and unsafe to all of us until we jump in. You'll be fine unless you play at a bad book.
    Comment
    • raiders72001
      Senior Member
      • 08-10-05
      • 11119

      #37
      Some bitcoin books also have 2FA so that no one can hack into your account.
      Comment
      • raiders72001
        Senior Member
        • 08-10-05
        • 11119

        #38
        Localbitcoins holds bitcoins in escrow when selling. After you get paid, then you click release bitcoins.. All are safe except for Paypal since they can be charged back. I always use people with 100% rep and many transactions.

        Comment
        • bookie
          SBR MVP
          • 08-10-05
          • 2112

          #39
          Raiders is it true that Circle and CoinBase will close your account if they see you selling Bitcoins via LocalBitcoins?
          Comment
          • raiders72001
            Senior Member
            • 08-10-05
            • 11119

            #40
            Originally posted by bookie
            Raiders is it true that Circle and CoinBase will close your account if they see you selling Bitcoins via LocalBitcoins?
            Coinbase, Circle and some banks will close accounts. I don't believe, although I'm not 100% sure, that these accounts are being closed due to using localbitcoins.

            I think the number of transactions seem to be scaring Coinbase, Circle and banks into believing bitcoins are being used for illegal purposes. Professional traders use localbitcoins and because of the amount of transactions, and large dollar amounts, people are assuming that it's localbitcoins.

            I could be wrong on this but that's my feeling.
            Last edited by raiders72001; 06-15-15, 05:16 AM.
            Comment
            • compaqDikk
              SBR Hall of Famer
              • 10-08-05
              • 5699

              #41
              I was caught Circle Jerking with posters from gamblers sexchange(reno and findy) and Circle and both entities asked me to leave
              Comment
              • EVfollower
                SBR Wise Guy
                • 05-05-14
                • 515

                #42
                Deposited $150 via bitcoin to bookmaker and ran it up into 4 figures. Requested 4 figure withdrawal via bitcoin an hour ago. We'll see how long it takes to be received. Will update how long it takes in thread once completed.
                Comment
                • EVfollower
                  SBR Wise Guy
                  • 05-05-14
                  • 515

                  #43
                  I requested a withdraw for $1003 and rec'd $993 worth of Bitcoin. Even the blockchain says at the time of sending the coins were only worth $993-$995 (for some reason it shows difference every couple minutes for what it was at the time of sending).

                  Regardless I was shorted roughly $10 and even after speaking to management they wont give me this credit which is pathetic.

                  Actually filing an SBR dispute over $10 simply because being shorted isn't right and this needs to never happen again, its really sad that this huge book giant won't see with reason that they shorted me.
                  Last edited by EVfollower; 06-17-15, 05:56 PM.
                  Comment
                  • raiders72001
                    Senior Member
                    • 08-10-05
                    • 11119

                    #44
                    Nitrogen raised their limits. Up to 50 BTC win limit for tennis and 8 BTC straight.
                    Comment
                    • raiders72001
                      Senior Member
                      • 08-10-05
                      • 11119

                      #45
                      Originally posted by EVfollower
                      I requested a withdraw for $1003 and rec'd $993 worth of Bitcoin. Even the blockchain says at the time of sending the coins were only worth $993-$995 (for some reason it shows difference every couple minutes for what it was at the time of sending).

                      Regardless I was shorted roughly $10 and even after speaking to management they wont give me this credit which is pathetic.

                      Actually filing an SBR dispute over $10 simply because being shorted isn't right and this needs to never happen again, its really sad that this huge book giant won't see with reason that they shorted me.
                      Where are you getting your BTC price from? Different exchanges use different prices. It's the same with wallets.
                      Comment
                      • raiders72001
                        Senior Member
                        • 08-10-05
                        • 11119

                        #46
                        Good for averages: https://bitcoinaverage.com/#USD

                        Prices at all exchanges https://bitcoinaverage.com/markets#USD
                        Last edited by raiders72001; 06-30-15, 04:40 PM.
                        Comment
                        • raiders72001
                          Senior Member
                          • 08-10-05
                          • 11119

                          #47
                          Originally posted by EVfollower
                          I requested a withdraw for $1003 and rec'd $993 worth of Bitcoin. Even the blockchain says at the time of sending the coins were only worth $993-$995 (for some reason it shows difference every couple minutes for what it was at the time of sending).

                          Regardless I was shorted roughly $10 and even after speaking to management they wont give me this credit which is pathetic.

                          Actually filing an SBR dispute over $10 simply because being shorted isn't right and this needs to never happen again, its really sad that this huge book giant won't see with reason that they shorted me.
                          EVfollower- Sorry, I misunderstood your post. I thought you were talking about Nitrogen but that makes no sense since they deal solely with BTC.

                          I just figured out that you are talking about Bookmaker. Does Bookmaker charge for withdrawals? Maybe, that's the problem and not the conversion.
                          Comment
                          • trytrytry
                            SBR Posting Legend
                            • 03-13-06
                            • 23649

                            #48
                            Originally posted by raiders72001
                            Nitrogen raised their limits. Up to 50 BTC win limit for tennis and 8 BTC straight.
                            that is just an incredible limit for tennis.
                            Comment
                            • raiders72001
                              Senior Member
                              • 08-10-05
                              • 11119

                              #49
                              Nitrogen will have live betting for the NE/Pitt game tomorrow.
                              Comment
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