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Buy low sell HIGH
Joined
Nov 13, 2004
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be careful.....I have enjoyed the pros, but also got to see the biggest CON first hand. That con is the valatility of the bitcoin market. Had a decent weekend two weekends ago and logged into my nitro account to see that the value of the coin went from ~470ish (when I purchased my coins) to ~390. That is roughly an 80 dollar decrease per coin......I lost a chunk of change to say the least. hoping for the market to bounce back.....not real happy at the moment.

(just checked.....back up to $468.....that's just crazy and will be yanking out every coin I have but two ish.)
 

Banned
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Sep 21, 2004
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Price is cratering, below $385 US on btc-e.com right now (off 68% from it's all time high of approx $1200 US in Dec 2013)

This Ponzi won't last for long, but hey, don't let that stop you :)
 
Joined
Dec 21, 2008
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Ebay and pay-pal are planning going full bitcoin by the end of the year.

That is supposed to skyrocket the prices at the end of the year.

I'm planning to buy a shitload if it reaches $300ish.
 
Joined
Dec 21, 2008
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Be sure to let us know how that works out for ya sparky!

I will. I'm "investing" money I can afford to lose... I'd wait for an even larger downside on the price for action but as you see, it is volatile as fuck, and you can always sell at high jumps and reinvest later.

Why you hate it so much?
 

Buy low sell HIGH
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I just bought 4 BC for 258 per coin this week....it promptly dropped to 217 in a matter of hours. ClassicSlapping-silly90)) I love how quick you can move it in and out of books, but I hate that it takes 3-5 days to buy a grand worth from a place like coinbase.
 

RX Dream Team
Joined
Oct 12, 2007
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I just bought 4 BC for 258 per coin this week....it promptly dropped to 217 in a matter of hours. ClassicSlapping-silly90)) I love how quick you can move it in and out of books, but I hate that it takes 3-5 days to buy a grand worth from a place like coinbase.

You should be able to buy a grand if you have a credit card linked on your account. Yeah I do hate when the market moves like that. I got a decent payout a while back at $225/btc pulled it out and then of course it jumps up to $300.
 

Buy low sell HIGH
Joined
Nov 13, 2004
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You should be able to buy a grand if you have a credit card linked on your account. Yeah I do hate when the market moves like that. I got a decent payout a while back at $225/btc pulled it out and then of course it jumps up to $300.


Buying the grand wasnt the issue. The issue is that it took 3.5 days for the "coins" to arrive and in that time I got B slapped......I can buy up to 10k, but my insta buy is still only 300 a week.
 

Rx. Senior
Joined
Aug 21, 2002
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1. Buy bitcoins through Coinbase.com or Circle.com. Link to bank account.

2. Set up a blockchain.info wallet.

3. Transfer bitcoins from Coinbase or Circle to blockchain.info wallet.

4. Make all deposits and withdrawals between your blockchain.info wallet and sportsbook.

5. To cash out transfer bitcoins from your blockchain.info wallet to Coinbase or Circle.

Misc.

A. Circle and Coinbase start off with fairly low limits that increase with time.

B. Localbitcoins.com is a great place to buy/sell. I've done ****** transactions as well as depositing into someone's BkofAma account and having them put money in my bank account.

C. With localbitcoins, make sure that you are dealing with someone with a 100% reputation and many transactions. There have been a couple of chargebacks with ******/

D. LibertyX has locations where you can buy bitcoins in person. Free up to the first $1000 and 1% after that.
 

New member
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Jun 5, 2006
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I use coinbase. Pretty easy once you get it set up. Today I bought 2 bitcoin for $470 or so. Sent it to Heritage where they gave me a $100 bonus for funding w/ bitcoin. Got $570 in my account. This took a matter of seconds. Much better than MG or WU -
 

MLB Junkie
Joined
Feb 12, 2015
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I use coinbase. Pretty easy once you get it set up. Today I bought 2 bitcoin for $470 or so. Sent it to Heritage where they gave me a $100 bonus for funding w/ bitcoin. Got $570 in my account. This took a matter of seconds. Much better than MG or WU -

What the time it takes from coinbase to your bank when you do payouts?
 

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