Bitcoin

[Kadabra]

Yes, checked. In my geo the biggest seller with paypal limits to $325

 

[PROFRBcom]

A bit of topic, if someone of the old time members here looking to offload - i need 3 btc (will pay through paypal)

I'm interested in getting a little PP $. I suppose PM me?


Btw, current BitStamp quote is $1,262. currently. Pretty nuts.

 

[WCD Admin]

I am selling bitcoincasinos.info if anyone is interested (domain only) PM me any offers, I don't have anything in mind... I am going to start a portal but on a different domain I own.

 

[Kadabra]

Well, the etf wasn't approved. BTC slides by 12%.

 

[RyanWeb]

Yep... Good time to be paid by BP now lol... Glad they waited

 

[Moonlight Cat]

I hope sooner or later, BTC will be the main gambling currency. This will be better for all: players, affiliates and for affiliate programs. At present days casinos/sportsbook must pay % for each transaction (deposits/withdraws) to payment systems. For BTC payment fee is very small. All revenue from BTC deposits only for affiliates and affiliate programs, without payment systems like Visa, Neteller, Skrill e.t.c.

 

[PROFRBcom]

Well, the etf wasn't approved. BTC slides by 12%.

Yep... Good time to be paid by BP now lol... Glad they waited

I watched the crash in real time. Watched it slide below $1000 USD per coin. 980 there was a pause... I saw $97x long enough for it to flash and me not to be able to read the 3rd digit then it exploded up to $1100 per coin in about 60 seconds. I didn't watch the volume, but there appeared to be tons of buyers below $1000.

As I type this now, at $1,226 per coin. Only those that panicked got burned... this time.

 

[RyanWeb]

Yeah the price is almost all the way back, pretty amazing..

 

[PROFRBcom]

Yea, the crazy swing intraday makes me think the market manipulation is very real in btc. I guess all those Chinese traders found somewhere else to trade with zero fees...

 

[Kadabra]

Got the payment from BP 1 day too early The price has dropped $100+ since.

 

[KasinoKing]

It's yo-yoing again!
Really wish I'd cashed out at $1,250 - now it's down to $1,116

Still - it's a lot higher than when I got most of my coins - so it's hard to be glum!

KK

 

[RyanWeb]

Yeah now the price drop is due to the "genius" idea of a bitcoin fork. If you want to look it up, it would basically split the coin in two, with the new one being called "Bitcoin Unlimited". It allows for a bigger block size = faster transaction times. But since it changes the code, its no longer actually "Bitcoin" and the coin, along with the community support, will be split in two..

The same thing happened to Ethereum last year, (another crypto currency) and it crashed the price completely as the community (investors and minors) where split on what one was the real "Ethereum" coin.

So this will likely affect the price for a while now while the community decides what to do... IMO the fork is a bad idea, and even the speculation of it is going to suppress the price. Next time it hits around 1200+ (hoping soon) I think I'm going to trade in the majority of my coins.

 

[KasinoKing]

Oh dear...

 

[TheGooner]

We're 10K EUR down at present from last months payment ...
Will be having discussions with BP about a proper payment system ...

 

[KasinoKing]

We're 10K EUR down at present from last months payment ...
Will be having discussions with BP about a proper payment system ...

Well good luck with that!
I predict their response will be... "Take it or leave it"

In fact, they may tell you to "Fork off"!

KK

 

[TheGooner]

On the contrary - I forecast a situation like this directly with BP when we started ... and we noted that we would re-visit it if/when it occurred.
I don't expect to wear a 10K loss because they're paying in an unstable commodity that cannot be exchanged in a timely manner for real value.

We will have clear discussions about better payment options.

 

[Kadabra]

I am pretty sure they will solve it for you.

 

[KasinoKing]

On the contrary - I forecast a situation like this directly with BP when we started ... and we noted that we would re-visit it if/when it occurred.
I don't expect to wear a 10K loss because they're paying in an unstable commodity that cannot be exchanged in a timely manner for real value.

We will have clear discussions about better payment options.

On the contrary to your contrary I bet their argument will be that they tell you when they send the BitCoin, and as long as you cash-out immediately (within a few hours) there's likely to be less than a 1% change in the rate... and with the constant Btc yo-yoing, there's as much chance of the rate going UP as down.

Of course, I'm only guessing and I will be interested to hear how your negotiations pan out...

BTW, did you know CasinoMeister removed their casinos' "Accredited" status based solely on this issue of forcing everyone to use BitCoin - and they didn't give a toss!

KK

 

[slotplayer]

Doesn't it work both ways?

 

[Kadabra]

A bit of topic, if someone of the old time members here looking to offload - i need 3.5 btc (will pay through paypal)

If someone interested, let me know.