• Forums
  • Best Betting Sites
  • Sportsbook Promos
  • Best Sports Betting Apps
  • NFL Betting Forum
  • NBA Betting Forum
  • MLB Betting Forum
  • NHL Betting Forum
  • NCAAF Betting Forum
  • NCAAB Betting Forum
  • Soccer Betting Forum
  • Tennis Betting Forum
  • General Discussion
  • Help Forum
  • Guidelines
  • FAQ
  • Forum Updates
    Covers Logo
    Covers App
    Faster picks. Smarter bets.
    All in the NEW Covers App
    Download on the App Store Download on the Google Play Store
    • Sports
      • NFL
        • Back
        • NFL
        • NFL Home
        • Scores & Matchups
        • Prop Projections
        • NFL Picks
        • Weather
        • Injuries
      • NCAAF
        • Back
        • NCAAF
        • NCAAF Home
        • Scores & Matchups
        • Prop Projections
        • NCAAF Picks
        • Weather
        • Injuries
      • NBA
        • Back
        • NBA
        • NBA Home
        • Scores & Matchups
        • Prop Projections
        • NBA Picks
        • Injuries
      • NCAAB
        • Back
        • NCAAB
        • NCAAB Home
        • Scores & Matchups
        • NCAAB Picks
        • Injuries
      • MLB
        • Back
        • MLB
        • MLB Home
        • Scores & Matchups
        • Prop Projections
        • MLB Picks
        • Weather
        • Injuries
      • NHL
        • Back
        • NHL
        • NHL Home
        • Scores & Matchups
        • Prop Projections
        • NHL Picks
        • Injuries
      • Soccer
      • UFC
      • WNBA
        • Back
        • WNBA
        • WNBA Home
        • Scores & Matchups
        • WNBA Picks
        • Injuries
      • CFL
        • Back
        • CFL
        • CFL Home
        • Scores & Matchups
        • CFL Picks
      • Golf
        • Back
        • Golf
        • Golf Home
        • Golf Odds
        • Masters Odds
        • PGA Championship Odds
        • US Open Odds
        • British Open Odds
        • Ryder Cup Odds
        • Golf Picks
    • Odds
      • All Odds
      • NFL
      • NCAAF
      • NBA
      • NCAAB
      • MLB
      • NHL
      • Golf
      • Soccer Odds
        • Back
        • Soccer Odds
        • MLS Odds
        • Champions League Odds
        • Premier League Odds
      • UFC
      • WNBA
      • CFL
      • Election Odds
      • Futures
        • Back
        • Futures
        • NFL
        • NBA
        • MLB
        • NHL
        • NCAAB
        • NCAAF
      • Sports Odds History
    • Picks
      • All Picks
      • NFL
      • NBA
      • NHL
      • MLB
      • NCAAF
      • NCAAB
      • Golf
      • WNBA
      • CFL
      • User Picks
      • Team User Picks
      • Consensus Picks
        • Back
        • Consensus Picks
        • All Consensus Picks
        • NFL
        • NBA
        • NHL
        • MLB
        • NCAAF
        • NCAAB
        • CFL
        • WNBA
        • Consensus FAQ
        • Public Money
    • Prop Projections
      • NFL
      • NBA
      • MLB
      • NHL
    • Betting
      • US Betting Sites
      • Canada Betting Sites
      • Sportsbook Reviews
      • States
        • Back
        • States
        • US Legal Tracker
        • Revenue Tracker
        • Arizona
        • Arkansas
        • California
        • Colorado
        • Connecticut
        • DC
        • Florida
        • Georgia
        • Illinois
        • Indiana
        • Iowa
        • Kansas
        • Kentucky
        • Louisiana
        • Maine
        • Maryland
        • Massachusetts
        • Michigan
        • Mississippi
        • Missouri
        • Nevada
        • New Hampshire
        • New Jersey
        • New York
        • North Carolina
        • Ohio
        • Oregon
        • Pennsylvania
        • Tennessee
        • Texas
        • Vermont
        • Virginia
        • West Virginia
        • Wyoming
      • Provinces
        • Back
        • Provinces
        • Alberta
        • British Columbia
        • Manitoba
        • New Brunswick
        • Newfoundland and Labrador
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Ontario
        • Prince Edward Island
        • Quebec (English)
        • Quebec (francais)
        • Saskatchewan
        • Yukon
      • By Sport
        • Back
        • By Sport
        • Baseball
        • Basketball
        • Boxing
        • College Football
        • F1
        • Football
        • Super Bowl
        • Golf
        • Hockey
        • Horse Racing
        • March Madness
        • Soccer
        • UFC
        • World Cup
      • Betting Apps
        • Back
        • Betting Apps
        • Best Sports Betting Apps USA
        • Ontario Sports Betting Apps
      • Rest of World
        • Back
        • Rest of World
        • UK Betting Offers
          • Back
          • UK Betting Offers
          • UK Betting Sites
          • bet365 Bonus Code UK
          • 888Sport Promo Code UK
          • William Hill Sign up Offer
          • Betway Sign up Offer
          • BetVictor Bonus Code UK
      • Betting Guides
        • Back
        • Betting Guides
        • All Guides
        • Glossary
        • Betting Calculators
          • Back
          • Betting Calculators
          • Odds Converter
          • Parlay Calculator
        • Futures Betting Guide
        • Moneyline Betting Guide
        • Over/Under Betting Guide
        • Parlay Betting Guide
        • Point Spread Betting Guide
        • Prop Betting Guide
        • Sports Betting Guides
          • Back
          • Sports Betting Guides
          • How To Bet On Sports Guide
          • NFL Betting Guide
          • NHL Betting Guide
          • NBA Betting Guide
          • MLB Betting Guide
          • NCAAB Betting Guide
          • NCAAF Betting Guide
          • Golf Betting Guide
          • Tennis Betting Guide
        • Teaser Betting Guide
      • Betting News
        • Back
        • Betting News
        • All News
        • Industry News
        • Podcasts
        • Covers Videos
        • Covers Writers
        • Offers & Boosts
    • Promos
      • Sportsbook Promos
      • Canada Sportsbook Promos
      • Bonuses By Sportsbook
        • Back
        • Bonuses By Sportsbook
        • bet365 Bonus Code
        • BET99 Promo Code
        • BetMGM Bonus Code
        • BetRivers Bonus Code
        • Caesars Sportsbook Promo
        • DraftKings Promo Code
        • Fanatics Sportsbook Promo
        • FanDuel Promo Code
        • Hard Rock Bet Promo Code
        • Sports Interaction Promo
        • Stake Promo Code
        • theScore Bet Promo Code
        • TonyBet Promo Code
      • Bonuses By Region
        • Back
        • Bonuses By Region
        • Arkansas Promos
        • Arizona Promos
        • Colorado Promos
        • Connecticut Promos
        • DC Promos
        • Illinois Promos
        • Indiana Promos
        • Iowa Promos
        • Kansas Promos
        • Kentucky Promos
        • Louisiana Promos
        • Maine Promos
        • Maryland Promos
        • Massachusetts Promos
        • Michigan Promos
        • Missouri Promos
        • New Jersey Promos
        • New York Promos
        • North Carolina Promos
        • Ohio Promos
        • Pennsylvania Promos
        • Tennessee Promos
        • Vermont Promos
        • Virginia Promos
        • West Virginia Promos
        • Wyoming Promos
    • Forum & Contests
      • All Forums
      • NFL Betting Forum
      • MLB Betting Forum
      • NCAAB Betting Forum
      • NCAAF Betting Forum
      • NBA Betting Forum
      • NHL Betting Forum
      • Soccer Betting Forum
      • Contests
        • Back
        • Contests
        • Contests Home
        • Streak Survivor
        • King of Covers
        • My Contests
    • Casino
      • Sweepstakes Casino
        • Back
        • Sweepstakes Casino
        • Sweepstakes Casino
        • Sweepstakes No-Deposit Bonuses
        • Sweepstakes Promos
          • Back
          • Sweepstakes Promos
          • Card Crush
          • Casino.click
          • Chanced Casino
          • Crown Coins Casino
          • FreeSpin Casino
          • LoneStar
          • McLuck
          • Mega Bonanza Casino
          • PlayFame
          • Pulsz
          • Stake.us
      • US Casinos
        • Back
        • US Casinos
        • US Online Casinos
        • US Online Casino Bonuses
        • Casino Promos
          • Back
          • Casino Promos
          • bet365 Casino Promo Code
          • BetRivers Casino Promo
          • Borgata Casino Bonus Code
          • Caesars Casino Bonus Code
          • DraftKings Casino Promo
          • Fanatics Casino Promo
          • FanDuel Casino Promo Code
          • Golden Nugget Casino Promo
          • Hard Rock Bet Casino Promo
          • Hollywood Casino Promo Code
      • Canada Casinos
        • Back
        • Canada Casinos
        • Canada Online Casinos
        • Provinces
          • Back
          • Provinces
          • Alberta Online Casino
          • BC Online Casino
          • Ontario Online Casinos
        • Casino Promos
          • Back
          • Casino Promos
          • BC.GAME Bonus Code
          • Cloudbet Promo Code
          • RainBet Promo Code
          • Roobet Promo Code
          • Shuffle Promo Code
          • Thrill Promo Code
    • Prediction Markets
      • Prediction Markets
      • Prediction Market Apps
      • Prediction Market Promos
      • Kalshi Promo Code
      • Polymarket Promo Code
      • DraftKings Predictions Promo Code
      • Novig Promo Code
      • ProphetX Promo Code
      • Underdog Promo Code
      • OG Promo Code
      • Fanatics Markets Promo Code
      • Plus500 Promo Code
    • NFL Week 2
      NFL Week 2
      • NFL Odds
      • NFL Picks
      • Lions-Bills Early Leans
      • Early Survivor Picks
      • NFL Prediction Markets
      • NFL Betting Sites
    Covers Account
    Log in Create account
    Join free Log in
    All Forums | Bitcoin Betting

    losses from bitcoin

    12 Next Last»
    hillardoh1
    RexR
    jdr016
    guyhopestowin
    In2it
    ...
    Participants:
    Search model icon
    Views: 4447
    Posts: 27
    12 Next Last»
     
    hillardoh1
    hillardoh1
    Veteran
    Participation Meter
    Joined: Jul, 2013
    Posts: 2669
    Posted: Mar. 18, 2017 - 4:39 PM ET #1

    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.
    Reply
    Quote Post
    4
    Report User
    To remove first post, remove entire topic.
    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
    RexR
    Veteran
    Participation Meter
    Joined: Nov, 2011
    Posts: 3910
    Posted: Mar. 18, 2017 - 4:47 PM ET #2

    I took 500 out a few days ago and put into my book except for 80 bucks...one of the bad things about it.
    Reply
    Quote Post
    4
    Report User
    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
    jdr016
    Banned
    Participation Meter
    Joined: Aug, 2006
    Posts: 6591
    Posted: Mar. 18, 2017 - 5:25 PM ET #3

    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.


    Reply
    Quote Post
    4
    Report User
    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
    guyhopestowin
    Captain
    Participation Meter
    Joined: Jun, 2014
    Posts: 6110
    Posted: Mar. 18, 2017 - 5:30 PM ET #4

    and now I am in blocked list for credit card deposits. I hate to go to cvs everytime for moneygram
    Reply
    Quote Post
    4
    Report User
    and now I am in blocked list for credit card deposits. I hate to go to cvs everytime for moneygram
     
    In2it
    In2it
    Veteran
    Participation Meter
    Joined: Dec, 2014
    Posts: 2656
    Posted: Mar. 18, 2017 - 5:37 PM ET #5

    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!!!!

    Reply
    Quote Post
    4
    Report User

    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
    jdr016
    Banned
    Participation Meter
    Joined: Aug, 2006
    Posts: 6591
    Posted: Mar. 18, 2017 - 5:38 PM ET #6

    Quote Originally Posted by In2it:

    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.

    This sounds extremely shady. 

    Did you contract the police? 
    Reply
    Quote Post
    1
    Report User
    Quote Originally Posted by In2it:

    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.

    This sounds extremely shady. 

    Did you contract the police? 
     
    GiantFan18
    GiantFan18
    Veteran
    Participation Meter
    Joined: Dec, 2015
    Posts: 3689
    Posted: Mar. 18, 2017 - 5:41 PM ET #7

    Very very Shady!!! there is nothing worse than going to CVS to use money gram. Who the hell wants to leave the house!!
    Reply
    Quote Post
    0
    Report User
    Very very Shady!!! there is nothing worse than going to CVS to use money gram. Who the hell wants to leave the house!!
     
    In2it
    In2it
    Veteran
    Participation Meter
    Joined: Dec, 2014
    Posts: 2656
    Posted: Mar. 18, 2017 - 5:42 PM ET #8

    Quote Originally Posted by jdr016:

    This sounds extremely shady. 

    Did you contract the police? 

    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.

    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by jdr016:

    This sounds extremely shady. 

    Did you contract the police? 

    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
    TyDarius
    Veteran
    Participation Meter
    Joined: Jan, 2006
    Posts: 2918
    Posted: Mar. 18, 2017 - 6:00 PM ET #9

    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.
    Reply
    Quote Post
    0
    Report User
    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
    In2it
    Veteran
    Participation Meter
    Joined: Dec, 2014
    Posts: 2656
    Posted: Mar. 18, 2017 - 6:15 PM ET #10

    Quote Originally Posted by TyDarius:

    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.

    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!!!

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by TyDarius:

    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.

    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
    LonghornHoosier
    All-Star
    Participation Meter
    Joined: Sep, 2007
    Posts: 12300
    Posted: Mar. 18, 2017 - 6:24 PM ET #11

    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...
    LonghornHoosier
    Reply
    Quote Post
    0
    Report User
    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
    ShipShip
    Prospect
    Participation Meter
    Joined: Jan, 2012
    Posts: 173
    Posted: Mar. 18, 2017 - 6:25 PM ET #12

    lol @ having to go to cvs

    everyone hates going there to re up



    Reply
    Quote Post
    0
    Report User
    lol @ having to go to cvs

    everyone hates going there to re up



     
    jdr016
    jdr016
    Banned
    Participation Meter
    Joined: Aug, 2006
    Posts: 6591
    Posted: Mar. 18, 2017 - 7:54 PM ET #13

    Quote Originally Posted by In2it:

    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!!!


    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. 
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by In2it:

    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!!!


    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
    Aceholes
    Banned
    Participation Meter
    Joined: Sep, 2016
    Posts: 4306
    Posted: Mar. 18, 2017 - 7:56 PM ET #14

    as soon as u deposit or withdraw to coinbase get it out of there


    WTF would u leave it in there for


    stupid thread
    Reply
    Quote Post
    0
    Report User
    as soon as u deposit or withdraw to coinbase get it out of there


    WTF would u leave it in there for


    stupid thread
     
    Getty3
    Getty3
    Hall of Fame
    Participation Meter
    Joined: Jan, 2010
    Posts: 25178
    Posted: Mar. 18, 2017 - 8:01 PM ET #15

    Bitcoin transactions are irreversible. Once a Bitcoin transaction is broadcast to the network it can’t be revoked. So a hacker who accesses the PC that stores your Bitcoin wallet can send your entire Bitcoin fortune to another wallet—and there’s nothing you can do about it.
    Reply
    Quote Post
    0
    Report User
    Bitcoin transactions are irreversible. Once a Bitcoin transaction is broadcast to the network it can’t be revoked. So a hacker who accesses the PC that stores your Bitcoin wallet can send your entire Bitcoin fortune to another wallet—and there’s nothing you can do about it.
     
    Aceholes
    Aceholes
    Banned
    Participation Meter
    Joined: Sep, 2016
    Posts: 4306
    Posted: Mar. 18, 2017 - 8:04 PM ET #16

    Quote Originally Posted by Getty3:

    Bitcoin transactions are irreversible. Once a Bitcoin transaction is broadcast to the network it can’t be revoked. So a hacker who accesses the PC that stores your Bitcoin wallet can send your entire Bitcoin fortune to another wallet—and there’s nothing you can do about it.

    another reason u dont leave it in there
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by Getty3:

    Bitcoin transactions are irreversible. Once a Bitcoin transaction is broadcast to the network it can’t be revoked. So a hacker who accesses the PC that stores your Bitcoin wallet can send your entire Bitcoin fortune to another wallet—and there’s nothing you can do about it.

    another reason u dont leave it in there
     
    CloudBet
    CloudBet
    Prospect
    Participation Meter
    Joined: Aug, 2014
    Posts: 35
    Posted: Apr. 26, 2018 - 10:49 AM ET #17

    Hi all,

    My name is Peter and I am the Community Manager at Cloudbet.

    If you're interested in betting with cryptocurrencies, please do visit the new special forum area here:

    https://www.covers.com/forum/39398/bitcoin-betting

    I am also happy to answer any questions you may have around bitcoin or indeed bitcoin betting.

    Thanks!
    Peter @ Cloudbet

    Reply
    Quote Post
    0
    Report User

    Hi all,

    My name is Peter and I am the Community Manager at Cloudbet.

    If you're interested in betting with cryptocurrencies, please do visit the new special forum area here:

    https://www.covers.com/forum/39398/bitcoin-betting

    I am also happy to answer any questions you may have around bitcoin or indeed bitcoin betting.

    Thanks!
    Peter @ Cloudbet

     
    Doodonvito
    Doodonvito
    Banned
    Participation Meter
    Joined: Nov, 2018
    Posts: 5
    Posted: Nov. 23, 2018 - 4:52 AM ET #18

    Bitcoin is not a scam. It’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’s why it’s risky, but it is justified by the potential profit. Never know when you will lose or gain.

    Reply
    Quote Post
    0
    Report User

    Bitcoin is not a scam. It’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’s why it’s risky, but it is justified by the potential profit. Never know when you will lose or gain.

     
    hazelmarlee
    hazelmarlee
    Prospect
    Participation Meter
    Joined: Mar, 2020
    Posts: 1
    Posted: Mar. 6, 2020 - 2:11 AM ET #19

    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. 

     

     

    Reply
    Quote Post
    0
    Report User

    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
    cperiod
    Veteran
    Participation Meter
    Joined: Mar, 2020
    Posts: 1003
    Posted: Mar. 8, 2020 - 4:51 AM ET #20

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

    cdot is like that
    Reply
    Quote Post
    0
    Report User

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

     
    jeffreygorrell
    jeffreygorrell
    Prospect
    Participation Meter
    Joined: Jun, 2021
    Posts: 3
    Posted: Jul. 4, 2021 - 7:49 PM ET #21

    Quote Originally Posted by hazelmarlee:

    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.

    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.

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by hazelmarlee:

    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.

    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
    jeffreygorrell
    Prospect
    Participation Meter
    Joined: Jun, 2021
    Posts: 3
    Posted: Jul. 4, 2021 - 8:06 PM ET #22

    Quote Originally Posted by cperiod:

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

    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?

    Reply
    Quote Post
    0
    Report User

    Quote Originally Posted by cperiod:

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

    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
    jeffreygorrell
    Prospect
    Participation Meter
    Joined: Jun, 2021
    Posts: 3
    Posted: Jul. 10, 2021 - 12:00 AM ET #23

    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.

    Reply
    Quote Post
    0
    Report User

    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
    AkiUtagawa
    Prospect
    Participation Meter
    Joined: Oct, 2020
    Posts: 28
    Posted: Aug. 16, 2021 - 4:24 AM ET #24

    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's normal. Better take it out when its on a slow decline. That's safer.

    Reply
    Quote Post
    0
    Report User

    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's normal. Better take it out when its on a slow decline. That's safer.

     
     
    Jorazzo
    Jorazzo
    Prospect
    Participation Meter
    Joined: Dec, 2021
    Posts: 8
    Posted: Dec. 7, 2021 - 11:29 AM ET #25

    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 <a href="https://tower.bet/">https://tower.bet/</a> for you, where you can play gambling crash with cryptocurrency! For fun it is very cool thing.

    Reply
    Quote Post
    0
    Report User

    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 <a href="https://tower.bet/">https://tower.bet/</a> for you, where you can play gambling crash with cryptocurrency! For fun it is very cool thing.

    All Forums | Bitcoin Betting
    12 Next Last»

    Hot Forums IconHot Forum Topics

    • 🤢🥴💩_ Fubah's risky baseball bets _🥶😲🥵 446,991 Covers arrow
    • Serious Streak Survivor Strategies 1,918,136 Covers arrow
    • Monday 9/14/2026 686 Covers arrow
    • Couple Beers 2,313 Covers arrow
    • I'm embarrassed for Trump supporters 57,689 Covers arrow
    • NFL LOCKED IN! 97,274 Covers arrow
    • Trump's legacy? 25,417 Covers arrow
    • Week One-Post Week One Plays Here 1,864 Covers arrow
    • *** MONDAY NFL *** 6,714 Covers arrow
    • Betting NFL isnt the same anymore Tapping out. 1,366 Covers arrow

    Warning - External Link

    Report User

    Thank you for reporting
    This content is abusive or harmful
    This post is spam
    An error has occurred
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Delete Post

    Are you sure you would like to remove this post?

    Remove Thread

    Are you sure you would like to remove this thread?

    Scan Results

    Login/Register

    Happy to have you join the conversation. To do so, please login or create an account.
    Accounts are free and easy to create.

    Search


    Loading…

    Loading…

    About Us
    Contact Us
    Careers
    Our Team
    Brand
    Testimonials
    Betting Guides
    Sportsbook Reviews
    Betting News
    Podcasts
    Responsible Gambling
    Betting Sites
    US Betting Sites
    Canada Betting Sites
    Canada Casinos
    Best Betting Apps
    Contests
    Streak Survivor
    King of Covers
    Ultimate Race
    Office Pools
    The Covers community has
    810,221
    lifetime members worldwide
    Join our community today
    Covers 30 Years Logo Established in 1995,
    Covers is the world
    leader in sports
    betting information.
    21+
    Gambling problem? Call 1-800-GAMBLER
    Help Privacy Terms of Service Cookies Sitemap Forum
    YouTube logo
    Facebook logo
    Twitter logo
    Instagram logo
    LinkedIn logo
    Google News logo
    Covers is verified safe by:
    Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo PCI DSS logo Logo
    Copyright © 1995 - 2026 CS Media Ltd. All Rights Reserved.
    If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.