Damn Bitcoin! Everytime

[bthagay]

Almost everytime I request a withdrawal thru Bitcoin it goes down . I requested a withdrawal 2days ago for 3k I got it then by end of yesterday I loss 300 on it now I look today it’s only$2500 . I never seen it drop this much in a day. I rather lose a bet than lose it this way.

 

[Tanko]

Almost everytime I request a withdrawal thru Bitcoin it goes down . I requested a withdrawal 2days ago for 3k I got it then by end of yesterday I loss 300 on it now I look today it’s only$2500 . I never seen it drop this much in a day. I rather lose a bet than lose it this way.

Bitcoin gods know.
Whenever we make a withdrawal. They know and punish us for being degens.



It sucks but, this happens so often, I can't even get angry anymore. I just expect it and write it off as part of doing business.

 

[Bubbles]

sorry but they had to take the 2b lotto money from somewhere to pay the guy who won.

 

[hazliam]

Almost everytime I request a withdrawal thru Bitcoin it goes down . I requested a withdrawal 2days ago for 3k I got it then by end of yesterday I loss 300 on it now I look today it’s only$2500 . I never seen it drop this much in a day. I rather lose a bet than lose it this way.

If it makes you feel any better, I did a $30k withdrawal 4 days ago, know worth $24k. It sucks, but you know what is good. The fact we both making withdrawals means we doing something right. How many bettors never make withdrawals?

 

[Bubbles]

If it makes you feel any better, I did a $30k withdrawal 4 days ago, know worth $24k. It sucks, but you know what is good. The fact we both making withdrawals means we doing something right. How many bettors never make withdrawals?

do you need to withdraw it now? why not wait till it goes up again?

 

[BobbyFK]

If you think it's going to go down the next time you want to make a withdraw make it via a different method

 

[chilidog]

Don't get your withdrawals in BTC. Send/receive in stablecoins, like USDT and USDC. They're tied 1:1 to the USD.

 

[Enikk]

Don't get your withdrawals in BTC. Send/receive in stablecoins, like USDT and USDC. They're tied 1:1 to the USD.

This. books like Bookmaker, Justbet, Betonline, Sportsbet, Bovad all offer stable coin withdraws. Unless you are holding for an investment there is no reason to take the risk.

 

[hazliam]

do you need to withdraw it now? why not wait till it goes up again?

I withdraw a few days ago. I wasn't expecting the big drop lol

 

[Pimike]

Don't get your withdrawals in BTC. Send/receive in stablecoins, like USDT and USDC. They're tied 1:1 to the USD.

Heritage doesn’t offer that.

 

[Bubbles]

imagine if you are this guy. 1b is still good though, but from 15.6b to 1b? damn! that hurts.

crypto billionaire sam bankman-fried loses 94% of his wealth in 1 day.

'FTX CEO and name-brand crypto billionaire Sam Bankman-Fried has lost a stunning 94 percent of his net worth in a single day, Bloomberg reports — a decline so precipitous that he's barely hanging onto the "billionaire" title at all.

In total, Bankman-Fried's net worth dropped from $15.6 billion to around just $1 billion. It's a stunning wipeout, representing the biggest wealth collapse ever identified by Bloomberg.'

Crypto Billionaire Loses 94 Percent of His Wealth in One Day

FTX CEO Sam Bankman-Fried, who led one of the biggest exchanges in the world, has lost a stunning 94 percent of his entire net worth in a single day.

futurism.com

 

[Tanko]

imagine if you are this guy. 1b is still good though, but from 15.6b to 1b? damn! that hurts.

crypto billionaire sam bankman-fried loses 94% of his wealth in 1 day.

'FTX CEO and name-brand crypto billionaire Sam Bankman-Fried has lost a stunning 94 percent of his net worth in a single day, Bloomberg reports — a decline so precipitous that he's barely hanging onto the "billionaire" title at all.

In total, Bankman-Fried's net worth dropped from $15.6 billion to around just $1 billion. It's a stunning wipeout, representing the biggest wealth collapse ever identified by Bloomberg.'

Crypto Billionaire Loses 94 Percent of His Wealth in One Day

FTX CEO Sam Bankman-Fried, who led one of the biggest exchanges in the world, has lost a stunning 94 percent of his entire net worth in a single day.

futurism.com

That would suck.
Hopefully, they are keeping sharp objects, guns, and anything that can be used as a rope away from him.

 

[stormtrooper8]

I remember trying to withdraw close to $20k on one day through multiple books via Bitcoin and there being some issues and by time it would good to go price was dropping bad. I halted the withdrawals after I realized it was only going to be worth $16.5k after losing value plus some fees

Have not withdrawn with Bitcoin since

Better options now

 

[Bubbles]

it's always a gamble, just don't gamble what you can't afford to lose.

 

[Pimike]

I remember trying to withdraw close to $20k on one day through multiple books via Bitcoin and there being some issues and by time it would good to go price was dropping bad. I halted the withdrawals after I realized it was only going to be worth $16.5k after losing value plus some fees

Have not withdrawn with Bitcoin since

Better options now

What are the better options

 

[Enikk]

What are the better options

Tether(USDT) acts similar to the dollar. Not going to make anything but not going to drastically lose anything either. If you are not holding for investment purposes, than this might be the crypto for you. Betonline/Sportsbet/Bookmaker/Justbet/Bovada all have it as an option.

 

[Pimike]

Tether(USDT) acts similar to the dollar. Not going to make anything but not going to drastically lose anything either. If you are not holding for investment purposes, than this might be the crypto for you. Betonline/Sportsbet/Bookmaker/Justbet/Bovada all have it as an option.

Thanks