1. 03-09-18 04:09 PM #36
    BrickJames
    Action
    BrickJames's Avatar SBR PRO
    Join Date: 05-05-11
    Posts: 9,761
    Betpoints: 8914

    Take it to Fairlay and exchange it.
    Reply With Quote Reply With Quote
  2. 02-25-19 11:17 PM #37
    Paystation
    Paystation's Avatar Become A Pro!
    Join Date: 02-25-19
    Posts: 3
    Betpoints: 12

    I just got banned for asking about.
    They got a bitcoin cash . They will never pay it even though they said it they would
    Reply With Quote Reply With Quote
  3. 02-26-19 04:25 AM #38
    maritsa1819
    T27
    maritsa1819's Avatar Become A Pro!
    Join Date: 06-14-18
    Posts: 853
    Betpoints: 43873

    bitcoin cash is cancer
    Reply With Quote Reply With Quote
  4. 02-26-19 04:41 AM #39
    JaimeMiro
    JaimeMiro's Avatar Become A Pro!
    Join Date: 03-14-17
    Posts: 2,515
    Betpoints: 13

    Why should they pay in fake bitcoin?!
    Reply With Quote Reply With Quote
  5. 02-26-19 06:23 AM #40
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    stay away
    Reply With Quote Reply With Quote
  6. 02-26-19 08:10 AM #41
    barnstorm
    Pro
    barnstorm's Avatar Become A Pro!
    Join Date: 07-13-11
    Posts: 324
    Betpoints: 2998

    That's not the point - whether Bitcoin Cash is good or not. The point is, when Bitcoin Cash forked off of Bitcoin, all of us who had Bitcoin at Nitrogen should have been given some Bitcoin Cash. But Nitrogen didn't give it to us. They kept it themselves. This amounted to a heist of hundreds of thousands of dollars.
    Reply With Quote Reply With Quote
  7. 02-26-19 08:15 AM #42
    littlekona
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 5,218
    Betpoints: 5828

    Quote Originally Posted by barnstorm View Post
    That's not the point - whether Bitcoin Cash is good or not. The point is, when Bitcoin Cash forked off of Bitcoin, all of us who had Bitcoin at Nitrogen should have been given some Bitcoin Cash. But Nitrogen didn't give it to us. They kept it themselves. This amounted to a heist of hundreds of thousands of dollars.
    here is there post fork statement...
    https://blog.nitrogensports.eu/bitco...-bitcoin-cash/
    Reply With Quote Reply With Quote
  8. 02-26-19 08:42 AM #43
    barnstorm
    Pro
    barnstorm's Avatar Become A Pro!
    Join Date: 07-13-11
    Posts: 324
    Betpoints: 2998

    Yes, we've been over that carefully worded statement from almost two years ago.

    It is B.S.

    They received Bitcoin Cash for all of our Bitcoin that they held. That is a fact. Just because they haven't implemented Bitcoin Cash doesn't change that. That is just their way of dodging from having to pay us off.

    Some say, maybe they were not holding all of our Bitcoin in Bitcoin, and so they didn't get enough Bitcoin Cash from the fork to pay us off like they ethically should have.

    They also didn't do a very good job of notifying us that we needed to pull out our Bitcoin if we wanted to be sure to get our Bitcoin Cash. That's because they sure didn't want all of their customers to pull out their Bitcoin. Because they didn't have enough Bitcoin to cover massive withdrawals.

    I don't think the folks at Nitrogen are crooks. I just think they got caught in a bad situation at the time of the fork.
    Reply With Quote Reply With Quote
  9. 02-26-19 09:21 AM #44
    littlekona
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 5,218
    Betpoints: 5828


    Fairlay will support any Bitcoin hardfork if the following conditions are met:- the exchanges Poloniex, Bitfinex, Kraken and Bitstamp must have credited the new coin to all users who held unused Bitcoin on the exchange at the time of the fork
    - there may not be any severe security incident with any wallet software recommended on the official site of the fork.
    - the new coin must be listed for spot trading on at least 2 of the 4 exchanges mentioned above and have a market cap of more than 500000 Bitcoin

    Fairlay will do these checks 6, 12 and 18 months after each fork and credit funds if the conditions are met. Fairlay might also support forks if not all of the conditions are met. Please ask us at least 48 hours before the fork. We recommend to withdraw all your funds prior to any Bitcoin fork.
    Reply With Quote Reply With Quote
  10. 02-26-19 09:28 AM #45
    littlekona
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 5,218
    Betpoints: 5828

    nitrogen did not say 100% they would pay bitcoin cash....I’m on there a lot for years and did not expect and feel they are within rights to keep....remember they are a bookie not some sort of bank or financial institution....on the other hand Fairlay did pay and has a clear policy see:

    Fairlay will support any Bitcoin hardfork if the following conditions are met: - the exchanges Poloniex, Bitfinex, Kraken and Bitstamp must have credited the new coin to all users who held unused Bitcoin on the exchange at the time of the fork - there may not be any severe security incident with any wallet software recommended on the official site of the fork. - the new coin must be listed for spot trading on at least 2 of the 4 exchanges mentioned above and have a market cap of more than 500000 Bitcoin Fairlay will do these checks 6, 12 and 18 months after each fork and credit funds if the conditions are met. Fairlay might also support forks if not all of the conditions are met. Please ask us at least 48 hours before the fork. We recommend to withdraw all your funds prior to any Bitcoin fork.
    Reply With Quote Reply With Quote
  11. 02-26-19 10:07 AM #46
    JaimeMiro
    JaimeMiro's Avatar Become A Pro!
    Join Date: 03-14-17
    Posts: 2,515
    Betpoints: 13

    If you wanted bitcoin cash then you should withdrawn your balance to a wallet or exchange; sure Nitro made thousands if not millions, from that fork, but they're a bitcoin book...
    Reply With Quote Reply With Quote
  12. 02-26-19 10:31 AM #47
    barnstorm
    Pro
    barnstorm's Avatar Become A Pro!
    Join Date: 07-13-11
    Posts: 324
    Betpoints: 2998

    Quote Originally Posted by littlekona View Post
    nitrogen did not say 100% they would pay bitcoin cash....I’m on there a lot for years and did not expect and feel they are within rights to keep....remember they are a bookie not some sort of bank or financial institution....on the other hand Fairlay did pay and has a clear policy see:

    Fairlay will support any Bitcoin hardfork if the following conditions are met: - the exchanges Poloniex, Bitfinex, Kraken and Bitstamp must have credited the new coin to all users who held unused Bitcoin on the exchange at the time of the fork - there may not be any severe security incident with any wallet software recommended on the official site of the fork. - the new coin must be listed for spot trading on at least 2 of the 4 exchanges mentioned above and have a market cap of more than 500000 Bitcoin Fairlay will do these checks 6, 12 and 18 months after each fork and credit funds if the conditions are met. Fairlay might also support forks if not all of the conditions are met. Please ask us at least 48 hours before the fork. We recommend to withdraw all your funds prior to any Bitcoin fork.
    Yes, Fairlay did the right thing. I got some Bitcoin Cash from them.
    Reply With Quote Reply With Quote
  13. 02-26-19 10:37 AM #48
    barnstorm
    Pro
    barnstorm's Avatar Become A Pro!
    Join Date: 07-13-11
    Posts: 324
    Betpoints: 2998

    Quote Originally Posted by JaimeMiro View Post
    If you wanted bitcoin cash then you should withdrawn your balance to a wallet or exchange; sure Nitro made thousands if not millions, from that fork, but they're a bitcoin book...
    As I pointed out, they purposefully did not do a good job of letting folks know that they had to pull it out, because they obviously did not want people to pull out their Bitcoin. Would you want to give back all the Bitcoin you were holding in a sportsbook?!

    Anyway, it's not such a big deal now with Bitcoin Cash down to $134, but at one time it was $3,000!

    If Nitrogen wanted to make any future legal problems go away, they should pay off everyone now while Bitcoin Cash is cheap. If they have kept some of their Bitcoin and Bitcoin Cash in dollars or Euros, then they have made out very well.
    Reply With Quote Reply With Quote
  14. 02-26-19 01:08 PM #49
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,796
    Betpoints: 9194

    Quote Originally Posted by barnstorm View Post

    As I pointed out, they purposefully did not do a good job of letting folks know that they had to pull it out,
    Rubbish.

    They emailed everyone, had a blog post about it and it was widely discussed here and other sites.

    That's just completely made up that "they purposefully did not do a good job of letting folks know".
    Reply With Quote Reply With Quote
  15. 02-26-19 04:07 PM #50
    barnstorm
    Pro
    barnstorm's Avatar Become A Pro!
    Join Date: 07-13-11
    Posts: 324
    Betpoints: 2998

    Quote Originally Posted by Optional View Post
    Rubbish.

    They emailed everyone, had a blog post about it and it was widely discussed here and other sites.

    That's just completely made up that "they purposefully did not do a good job of letting folks know".
    Rubbish. They did not email everyone and they admitted so. I have a Support ticket from them explaining that they did not email everyone.

    Yes, there was a post on their Blog, but I don't go there, and yes there was a banner on their site as I said. I just didn't visit the site when it was up.

    I've worked in PR and if you really wanted to make sure everyone knew, you would email them rather than depend on them visiting the site or the Blog. Just sayin.'
    Reply With Quote Reply With Quote
  16. 02-26-19 04:18 PM #51
    barnstorm
    Pro
    barnstorm's Avatar Become A Pro!
    Join Date: 07-13-11
    Posts: 324
    Betpoints: 2998

    Here is what I received from Nitrogen via Support ticket, explaining that they did not send out emails to notify clients about the BCH Fork.

    Nitrogen Sports Support at 11:55am on February 28, 2018
    Hello 19312,

    Users were informed about this via our blog as well as a sitewide message that was posted a week prior to the August fork.

    We would like to remind you that all information regarding Nitrogen's position has been posted and will be posted on our blog;

    Best regards,
    Reply With Quote Reply With Quote
  17. 02-26-19 04:21 PM #52
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,488
    Betpoints: 15350

    There have been many BTC forks and air drops. No book has credited all the airdrops. It shouldn't be expected as a player can easily withdraw for the snapshot.
    Reply With Quote Reply With Quote
  18. 02-26-19 06:35 PM #53
    themike78
    themike78's Avatar Become A Pro!
    Join Date: 07-01-13
    Posts: 4,873
    Betpoints: 10636

    These are books not exchanges. I wouldn't expect anything from them. Bitcoin is just a payment system with them. Who knows if they even keep the players funds in bitcoin. Probably not.
    Reply With Quote Reply With Quote
  19. 02-26-19 09:43 PM #54
    Barrakuda
    Barrakuda's Avatar Become A Pro!
    Join Date: 02-28-18
    Posts: 773
    Betpoints: 7305

    Quote Originally Posted by themike78 View Post
    These are books not exchanges. I wouldn't expect anything from them. Bitcoin is just a payment system with them. Who knows if they even keep the players funds in bitcoin. Probably not.
    If Nitrogen doesn't maintain funds in BTC only, no one should even think of using them. If BTC suddenly runs up 400%, they're insolvent and taking everyone's money. Conversely, if a fiat book is keeping a decent pct of player deposits in BTC, it runs the risk of BTC crashing.

    Fairlay, despite all of its many (and growing) faults, at least provides an address where you can see all of its customer deposits.
    Reply With Quote Reply With Quote
  20. 02-27-19 12:30 AM #55
    JaimeMiro
    JaimeMiro's Avatar Become A Pro!
    Join Date: 03-14-17
    Posts: 2,515
    Betpoints: 13

    By your logic, books that accept BTC deposits owe me BCH, even if they hold my balance in $ They put out a notice on most platforms; you probably didn't get the email cause you'd deactivated that function in your account.
    Reply With Quote Reply With Quote
First 12
Top
« Previous Thread | Sportsbooks & The Industry | Next Thread »