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  #276  
Old 06-09-2018, 06:03 AM
Roma Roma is offline
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I was wrong about another bottom, I think the 7.5k is now stable enough to call it the new bottom

the surge bitcoin experienced going from roughly 1k to 20k before falling to around 7k was sparked by china and japan opening their markets to it and citizens legal ability to buy

we might see a small bump soon because Venezuelan money is starting to take refuge with bitcoin due to their run away inflation

lets monitor
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  #277  
Old 06-09-2018, 06:15 AM
AuburnKid AuburnKid is online now
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BTC is certainly stable enough to use as a fast way to move money from your $USD in the bank to a sportsbook. I am building up my NFL bankroll today a little more.

Date June 09, 2018
Amount
0.12832662 BTC
Exchange rate @ $7,678.22 / BTC
Subtotal $985.32
Coinbase Fee $14.68
Total $1,000.00
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Last edited by AuburnKid; 06-09-2018 at 06:17 AM. Reason: fee posted allready
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  #278  
Old 06-11-2018, 08:11 AM
Roma Roma is offline
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so much for that, and just as I thought we had the new bottom
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  #279  
Old 06-11-2018, 10:18 AM
BLUE LOU BOYLE BLUE LOU BOYLE is offline
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South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in bitcoin amid renewed concerns about security at virtual currency exchanges as global policy makers struggled to regulate trading in the digital asset.

In a statement on its website on Monday, Coinrail said its system was hit by "cyber intrusion" on Sunday, causing a loss for about 30 percent of the coins traded on the exchange. It did not quantify its value, but in an unsourced report local news outlet Yonhap news estimated that about 40 billion won ($37.28 million) worth of virtual coins were stolen.

The heist at Coinrail, a relatively small South Korean cryptocurrency exchange, sent the price of bitcoin tumbling to two-month lows as it once again highlighted the security risks and the weak regulation of global cryptocurrency markets.

South Korea is one of the world's major cryptocurrency trading centers, and is home to one of the most heavily trafficked virtual coin exchanges, Bithumb.

On the Luxembourg-based Bitstamp, bitcoin was last trading at $6,790.88, down a sharp 10.8 percent from Friday, having fallen roughly 65 percent from its all-time peak hit around mid-December 2017.

Investors and regulators were jolted earlier this year after Japan's cryptocurrency exchange Coincheck was hacked in a high-profile theft of over half a billion dollars worth of digital currency.

In 2014, Tokyo-based Mt. Gox, which once handled 80 percent of the world’s bitcoin trades, filed for bankruptcy after losing bitcoins worth around half a billion dollars. More recently, in December last year, South Korean cryptocurrency exchange Youbit shut down and filed for bankruptcy after being hacked twice.

Global policymakers have warned investors to be cautious in trading the digital currency given the lack of broad regulatory oversight.

"Coinrail is not a member of the group that promotes self regulations to enhance security. It is a minor player in the market and I can see how such small exchanges with lower standards on security level can be exposed to more risks," Kim Jin-Hwa, a representative at Korea Blockchain Industry Association.

In South Korea, 14 major local cryptocurrency exchanges adopted measures aimed at better protecting users in January this year, including restrictions on creating more than one account.

Coinrail said the balance 70 percent of virtual coins are now secure in its “cold wallet”, which operates on platforms not directly connected to the internet. It wasn't immediately clear whether the lost coins were stored in the more insecure 'hot wallet.'

Korea Internet & Security Agency, currently carrying out the investigation with police, said only four of the country's largest exchanges are subject to the Information Security Management System certification (ISMS) requirement.

The ISMS is a system that certifies protection of personal information at companies with average daily visitor of over 1 million.

"Coinrail, as of June this year, hasn't been certified with the ISMS, as it isn't mandatory (for the organization to do so)," the local regulator said in a statement.

Coinrail confirmed in its statement that the exchange is fully cooperating with a police investigation into the hacking, and that trading has been suspended for now. The company wasn't immediately available for further comments.

Coinrail was the 98th largest cryptocurrency exchange that trades more than 50 different virtual coins, according to Coinmarketcap.com
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  #280  
Old 06-14-2018, 09:31 AM
Bisket Bisket is offline
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Bitcoin’s Price Was Artificially Inflated Last Year, Researchers Say - The New York Times
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  #281  
Old 06-21-2018, 09:34 PM
AuburnKid AuburnKid is online now
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In the fictional world of Continuum, "bit currency" is still around and offered as a bribe in 2077, ep 7. Season 3 filmed in 2015.

In real life, if you watched the first year and thought "Vancouver is a cool place so the condos will rise in value", you could have bought a nice unit for 1 million. Price now is 1.6 million. Canada real estate is hot.



6,635.30 United States Dollar
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  #282  
Old 06-25-2018, 12:12 AM
collectorthis collectorthis is offline
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Buy lots of Monetha Coin now.
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  #283  
Old 07-04-2018, 03:14 PM
AuburnKid AuburnKid is online now
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Sports Betting & Online Sportsbook: Baseball, football
betting, including NBA betting at oddsmaker.ag
has a 100% bonus with code summer2018


You just sent
0.16036535 BTC ($1,071.24 USD)
Congratulations! You have successfully sent 0.16036535 BTC to 322xLTN6CXiGH1ojg4cXXXXXXXXXXXXX. You can view transaction details in your Coinbase account. To facilitate this transaction, you paid 0.00000975 BTC ($0.07 USD) in network fees.

7 cents sounds better than the VISA fees.
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  #284  
Old 07-05-2018, 09:05 PM
Xone Xone is offline
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Originally Posted by collectorthis View Post
Buy lots of Monetha Coin now.
Good call so far man, wish I had seen the post earlier. Not a coin I'm familiar with tho, what should I know about it? I see they just released their app, is that reason for the small pump? Still recommend going forward?
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  #285  
Old 07-17-2018, 07:00 AM
AuburnKid AuburnKid is online now
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I read that coinbase does not like to transfer to gaming sites. I like to fund 5 or more 'books because there are these very easy to pick props but they have tiny limits. But a $50 -100 prop @ 5 or more 'books add up to real money.

What is a better place to fund sportsbooks?
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  #286  
Old 07-17-2018, 08:16 AM
snapdad snapdad is offline
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Originally Posted by AuburnKid View Post
I read that coinbase does not like to transfer to gaming sites. I like to fund 5 or more 'books because there are these very easy to pick props but they have tiny limits. But a $50 -100 prop @ 5 or more 'books add up to real money.

What is a better place to fund sportsbooks?

Transfer from coinbase to a personal wallet, then to your book. Then they will never know
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  #287  
Old 07-17-2018, 10:43 AM
AuburnKid AuburnKid is online now
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Transfer from coinbase to a personal wallet, then to your book. Then they will never know
By personal wallet, do you mean just a new address at coinbase?
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  #288  
Old 07-17-2018, 10:47 AM
snapdad snapdad is offline
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By personal wallet, do you mean just a new address at coinbase?
No, a wallet on your phone or computer
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  #289  
Old 07-17-2018, 04:41 PM
AuburnKid AuburnKid is online now
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CoolWallet wants $5000. How is Bitcoin Core - Desktop - Windows - Choose your wallet - Bitcoin ??
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  #290  
Old 07-23-2018, 04:10 PM
Xone Xone is offline
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I use Electrum wallet for bitcoin, free and fairly simple.

Electrum Bitcoin Wallet
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  #291  
Old 07-23-2018, 04:15 PM
Xone Xone is offline
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And yes, you shouldn't send bitcoin from Coinbase to anything that could be deemed shady/restricted/illegal/etc. They are in bed with the IRS. Send from your personal wallet as snapdad said.
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  #292  
Old 07-23-2018, 10:27 PM
sportsreport sportsreport is offline
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trezor
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  #293  
Old 07-24-2018, 12:08 PM
Roofies Roofies is offline
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Very good chance SEC approves the bitcoin etf. If so, See you on the moon.
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The illusion has become real, and the more real it becomes, the more desperately they want it. Capitalism at its finest. Gordon Gecko Wall Street

BITCOIN $50K
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  #294  
Old 07-24-2018, 03:53 PM
Bisket Bisket is offline
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  #295  
Old 07-24-2018, 10:37 PM
bigtom bigtom is offline
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Very good chance SEC approves the bitcoin etf. If so, See you on the moon.
back to 8k with etf speculation!
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  #296  
Old 07-28-2018, 11:01 PM
Xone Xone is offline
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I've just started a bitcoin/crypto/stock thread in the stocks forum. Giving my insights and trades that I'm making. Check it out if you're into making money. Please feel free to comment, criticize, and offer up your opinions on where the markets are heading. Same idea as posting sports picks; multiple heads are better than one!

Cryptos and Stocks
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  #297  
Old 08-01-2018, 01:39 PM
AuburnKid AuburnKid is online now
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I use Electrum wallet for bitcoin, free and fairly simple.

Electrum Bitcoin Wallet
I made an Electrum wallet. I then tried $10 BTC into it from coinbase. Worked. Then $25 because Heritage minimum is $30. Worked. Then $475 coinbase to the wallet. then Electrum wallet----->sportsbook.

Coinbase --->Electrum wallet----->sportsbook worked well.
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  #298  
Old 08-06-2018, 07:53 AM
Roofies Roofies is offline
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The NYSE'''s Owner Is Launching a Startup Exchange for Bitcoin | Fortune

its happening guys, patience
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  #299  
Old 08-26-2018, 04:44 PM
Roofies Roofies is offline
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continue to accumulate bitcoin if you haven't been already. I am playing the bitcoin floor at $5800 or so. Its bounced off that ares 2x and hasnt been under $6k for over 24hrs this year. alts are dying and that money is flowing right back into btc. bakkt will be opening up in november. keep your eyes on the big picture. tbh I have gotten to the point where I actually welcome an opportunity to buy the dip. because we are either going to zero or its going to $100k+. When bakkt opens that is all brand new money coming in. Do you realize how many people will try to buy one coin for their ira or 401k to hold for retirement? Anyone with a brokerage account can buy. thats huge. I know I will be buying. There is your catalyst for the next bull run. I can't imagine the price going down when that opens.
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The illusion has become real, and the more real it becomes, the more desperately they want it. Capitalism at its finest. Gordon Gecko Wall Street

BITCOIN $50K

Last edited by Roofies; 08-26-2018 at 04:46 PM.
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  #300  
Old 08-27-2018, 02:14 AM
New York Knight New York Knight is offline
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Even at the low today, up 6 times in last year. And if they did buy at an all time high, they only lost their ass if they sold, fact. ANd if they could not afford to lose the money, they should not of put it their.

Plenty of good alt coins were a much better buy for last 6 months than bitcoin, fact. And the 6K today was a steal to get in on bitcoin. Will hit 30K by end of year, minimum.

How you feeling Tom Lee? Better start selling baseball cards at rapid rate and letting kids stay with mom more often.



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