losses from bitcoin

Question

How many guys here lost money here even though they won their bets because bitcoin went down less than a $1000 dolllars. This is just bad how long can this go on.

hillardoh1 · Answer

How many guys here lost money here even though they won their bets because bitcoin went down less than a $1000 dolllars. This is just bad how long can this go on.

RexR · Answer

I took 500 out a few days ago and put into my book except for 80 bucks...one of the bad things about it.

jdr016 · Answer

I usually end up losing $ 20 to $ 30 on it between fees and value change. But, the very first withdrawal I did with Bitcoin, I made an extra $ 150. That was a pleasant surprise at the time.

guyhopestowin · Answer

and now I am in blocked list for credit card deposits. I hate to go to cvs everytime for moneygram

In2it · Answer

Would never wager with bit coins. I got all of my Computer Files hi-jacked and had to pay bit coins to the person to get them back.

Bought $3000 in Bit Coins one day and the next day they were only worth $2700.

That sucks and I would never deal in Bit Coins again!!!!

jdr016 · Answer

This sounds extremely shady. Did you contract the police?

GiantFan18 · Answer

Very very Shady!!! there is nothing worse than going to CVS to use money gram. Who the hell wants to leave the house!!

In2it · Answer

Actually contacted the FBI.  They said they do not recommend paying but the only way I would probably get my files back was to pay.  Bought $3000 in Bit Coins to pay and they transferred them to my account and the next morning the value went down to $2700.  That is pure CRAP IMO.  Did pay and got my files back.

TyDarius · Answer

Yeah, I cashed out 2000, and wasnt familiar with how coinbase worked Withdrawel and they had no phone number to confirm that I was withdrawing correctly. So I only sold 100, to make sure it ended up in my account. Meanwhile while I'm waiting, the 2nd day , I notice my 1900 balance dipped to 1788, so I'm like hope it goes back up, two hours later down to 1650. At that point, I just sold what I had left, so basically lost 250 of my winnings in a two day span. Sickening.

In2it · Answer

Exactly my point......Bit Coin is a Scam.....I talked to the guy I bought from and I guess the spread is 20-30% on any given day.BEWARE!!!

LonghornHoosier · Answer

its a market, thus highly variable.  a year ago it was at $350/BTC.   Had you made a deposit and held, you would have almost tripled your money.   Its risky, you can win or lose, and you have no control...but, it does provide flexibility considering its almost impossible to use moneygram or any other resource to get cash offshore, or payouts back onshore...

ShipShip · Answer

lol @ having to go to cvseveryone hates going there to re up

jdr016 · Answer

Not a scam at all. Like LonghornHoosier said in post # 11. It is a market just like the stock market, only it fluctuates at a much more quicker pace. If it goes up, you make money. If it goes down, you lose money. Real simple.

Aceholes · Answer

as soon as u deposit or withdraw to coinbase get it out of thereWTF would u leave it in there forstupid thread

Getty3 · Answer

Bitcoin transactions are irreversible. Once a Bitcoin transaction is broadcast to the network it can&#x2019;t be revoked. So a hacker who accesses the PC that stores your Bitcoin wallet can send your entire Bitcoin fortune to another wallet&#x2014;and there&#x2019;s nothing you can do about it.

Aceholes · Answer

another reason u dont leave it in there

CloudBet · Answer

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Doodonvito · Answer

Bitcoin is not a scam. It&#x2019;s very volatile so the prices can fluctuate in 20-30% range within 24 hours. Bitcoin is extremely volatile compared to the traditional currencies. You will lose money when bitcoin price drops but you can win when its price rises. That&#x2019;s why it&#x2019;s risky, but it is justified by the potential profit. Never know when you will lose or gain.

hazelmarlee · Answer

Now a days bitcoin is one of the most common term people use. So here I just want to know an info, that what is the relevance between bitcoin broker and loan sharks. If anyone knows kindly let me know.

cperiod · Answer

I normally just use BTC to gamble and cash out instantly.

jeffreygorrell · Answer

&#xA;A loan shark is a person who offers loans at extremely high-interest rates, has strict terms of collection upon failure, and generally operates outside the law. Loan sharking is usually illegal, although predatory lending with extremely high-interest rates such as payday or title loans is sometimes considered to be loan sharking. A cryptocurrency broker is a firm or an individual that acts as an intermediary between the cryptocurrency markets to facilitate buying and selling of cryptocurrencies. And it is legal to buy cryptocurrency from regulated brokers. However, CFDs are illegal to trade in both countries.

jeffreygorrell · Answer

&#xA;After Elon Musk talked about bitcoin. The exchange rates of bitcoin got very high. Did you hear about ARTDEC? I heard that is an Elon Musk inspired Defi Platform that embodies NFT Minting Dapp For Digital Creators To Mint Their Works as NFTs and also A Marketplace for NFTs where creators can earn money as they list their collectibles on our Decentralized Platform built on the Binance Smart Chain. Does anyone know about this?

jeffreygorrell · Answer

I also newly started investing in TPAY . It is the product and service of TETRA PAY INTERNATIONAL INC. The group is also the issuer of this cryptocurrency based on BNB Blockchain and its BEP-20 protocol.

AkiUtagawa · Answer

I think you just really have to be patient about it and be hopeful that the value will pick up soon. BTC is highly volatile so that&#x27;s normal. Better take it out when its on a slow decline. That&#x27;s safer.

Jorazzo · Answer

I agree with guys, you should worry so much. BTC is highly volatile so it will be always risky. Something like gambling. By the way did you play casino games? If you are interested and want to try, I can share cool site &lt;a href="https://tower.bet/"&gt;https://tower.bet/&lt;/a&gt; for you, where you can play gambling crash with cryptocurrency! For fun it is very cool thing.

losses from bitcoin

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