1. 04-17-12 11:52 AM #1
    Sam Odom
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    The Rise and Fall of -----> Bitcoin <-----

    Long long article...

    The Rise and Fall of Bitcoin
    November 23, 2011


    http://www.wired.com/magazine/2011/11/mf_bitcoin/all/1
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  2. 04-17-12 12:25 PM #2
    fizzwont
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    why are you posting a 6 month old article? Bitcoin has survived and is thriving.

    The hacks and problems described in the article were not with bitcoin the protocol itself, but exchanges and other user problems.

    Open your eyes...bitcoin is a very viable way to bet sports without the money transfer nightmare. Sure, getting them is hard (actually, it's much easier now than last year - you can deposit cash in any major bank and get them in an hour via bitinstant.com) but using them, so easy, and not subject to any central authority be it company or govt.

    See the other bitcoin threads and you will see it is being used, and works.
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  3. 04-17-12 12:28 PM #3
    Sam Odom
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    Quote Originally Posted by fizzwont View Post

    Open your eyes...

    One way to have one's eyes open is to have ALL available Info
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  4. 04-17-12 12:38 PM #4
    yellowman
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    I took the bitcoin plunge last week, gotta say I am pissed I didn't do it earlier. It is so very easy to do and moving money around feels like the old Neteller days - pretty sweet when you can transfer btc directly from book to book instantly. And if you are worried about btc's price the answer is pretty simple, just convert your btcs to cash periodically, only keep an amount of btcs in your book(s) that you feel comfortable - transferring is so simple, easy and low cost (mostly NO cost) that you can actually be defensive if you choose to be. Only problem is that there aren't too many btc sportsbooks out there, but I'd keep an eye on btcsportsmatch ... their no-vig pinnacle lines can't be beat. People bitch and moan about not having options, especially as Americans - well here's one you should at least do some homework on.
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  5. 04-17-12 12:42 PM #5
    FreeFall
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    SBR please remove this ******* thread. I'll be throughly pissed if this stays front page but you won't let me tyupe out WESTER UNION OR GRAM MONEY
    Congradulations idiots for trying to ruin what works.
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  6. 04-17-12 12:43 PM #6
    Sam Odom
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    getting BTC from the beginning into one's acct (newbie) is so arduous
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  7. 04-17-12 12:45 PM #7
    fizzwont
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    Quote Originally Posted by Sam Odom View Post
    getting BTC from the beginning into one's acct (newbie) is so arduous
    Try bitinstant.com - you can deposit cash into any major bank (they will give you the details, you don't have to have an account there) and have bitcoin in about an hour.
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  8. 04-17-12 12:46 PM #8
    Sam Odom
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    Quote Originally Posted by FreeFall View Post

    Congradulations idiots for trying to ruin what works.

    god bless
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  9. 04-17-12 12:48 PM #9
    LordVodka
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    Quote Originally Posted by fizzwont View Post
    why are you posting a 6 month old article? Bitcoin has survived and is thriving.

    The hacks and problems described in the article were not with bitcoin the protocol itself, but exchanges and other user problems.

    Open your eyes...bitcoin is a very viable way to bet sports without the money transfer nightmare. Sure, getting them is hard (actually, it's much easier now than last year - you can deposit cash in any major bank and get them in an hour via bitinstant.com) but using them, so easy, and not subject to any central authority be it company or govt.

    See the other bitcoin threads and you will see it is being used, and works.
    What book do you use? Btcsportsbet is the only one I've used. Not enough options for me.
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  10. 04-17-12 12:48 PM #10
    Sam Odom
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    Quote Originally Posted by fizzwont View Post

    Try bitinstant.com -


    i will look into it

    thanks
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  11. 04-17-12 12:53 PM #11
    yellowman
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    Anonibet is a good btc book at well, full juice lines tho pretty much
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  12. 04-17-12 12:55 PM #12
    fizzwont
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    Quote Originally Posted by LordVodka View Post
    What book do you use? Btcsportsbet is the only one I've used. Not enough options for me.
    btcsportsbet and btcsportsmatch - sure, the options are limited but I don't bet props or anything crazy anyway, so I don't really notice what is missing. Plus they are the oldest and seem to have the most trust in the btc community.
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  13. 04-17-12 12:57 PM #13
    LordVodka
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    Has anyone had good payout experiences from any of these book?
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  14. 04-17-12 01:05 PM #14
    hels
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    This might be a good place to remind anyone you can browse the internet anonymously using the deepweb through TOR
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  15. 04-17-12 01:38 PM #15
    fizzwont
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    Quote Originally Posted by LordVodka View Post
    Has anyone had good payout experiences from any of these book?
    All payouts are automated, instant, and free in my experience - have taken hundreds of them from btcsportsbet and btcsportsmatch. You don't need to keep as much money with a book when you can deposit/withdrawal fast and often - it's another way to reduce risk. Just keep as much there as you need to bet, if you really love a side you can send more btc in, bet it 20 mins later, and get a payout right after the game.
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  16. 04-18-12 12:41 AM #16
    flyingillini
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    Bitcoin hit $5.17820 today, low was $4.97300, it will go up the next few days and then next month go back to around $4.4000 or so, there was major talk last week with major players from the TASA and NYSE about how much money there is to be made with Bitcoin and the manipulation of it...it's a crazy world right now with BTC, I have showed more profit with BTC than, my portfolio , properties and other investments in the last 12 months... Be very very very careful though if you are moving large amounts as well.. speaking from experience..
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  17. 04-18-12 12:42 AM #17
    flyingillini
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    Quote Originally Posted by hels View Post
    This might be a good place to remind anyone you can browse the internet anonymously using the deepweb through TOR
    Just ask Adam how anonymous Tor is, sure he got sloppy by taking paypal and W U but Tor is still a work in progress and know a guy in Tel Aviv who got popped using Tor with certain sites...
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  18. 04-18-12 04:20 AM #18
    ZetaPsi808
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    this bit coin stuff sounds interesting. I will have to research it further
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  19. 04-18-12 04:28 AM #19
    ACoochy
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    Quote Originally Posted by ZetaPsi808 View Post
    this bit coin stuff sounds interesting. I will have to research it further
    Zet YES...

    Not having BTC and outs that accept BTC is the play of a square...
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  20. 04-18-12 05:01 AM #20
    Hareeba!
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    Quote Originally Posted by ACoochy View Post
    Zet YES...

    Not having BTC and outs that accept BTC is the play of a square...

    .... or a non-American
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: LostBankroll
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  21. 04-18-12 01:57 PM #21
    elgreco
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    I posted a few general BTC links on this thread if any newbies are interested: http://www.sportsbookreview.com/forum/saloon/152...in-thread.html
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  22. 04-18-12 05:45 PM #22
    flyingillini
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    $5.17820 right now...Love Bitcoin, it's the best thing since the Richie Cunningham Haircut Brock has!
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