Bitcoin

Discussion in 'General Casino Affiliate Area' started by WCD Admin, Jan 2, 2017.

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    Kadabra

    Kadabra Affiliate Guard Dog Member

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    Yes, checked. In my geo the biggest seller with paypal limits to $325 :):):)
     
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    PROFRBcom

    PROFRBcom Rakeback affiliate and professional poker player.

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    I'm interested in getting a little PP $. I suppose PM me?


    Btw, current BitStamp quote is $1,262. currently. Pretty nuts.
     
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    WCD Admin

    WCD Admin Affiliate Guard Dog Member

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    I am selling bitcoincasinos.info if anyone is interested (domain only) PM me any offers, I don't have anything in mind... I am going to start a portal but on a different domain I own.
     
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    Kadabra

    Kadabra Affiliate Guard Dog Member

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    Well, the etf wasn't approved. BTC slides by 12%.
     
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    RyanWeb

    RyanWeb Affiliate Guard Dog Member

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    Yep... Good time to be paid by BP now lol... Glad they waited ;)
     
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    Moonlight Cat

    Moonlight Cat Affiliate Guard Dog Member

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    I hope sooner or later, BTC will be the main gambling currency. This will be better for all: players, affiliates and for affiliate programs. At present days casinos/sportsbook must pay % for each transaction (deposits/withdraws) to payment systems. For BTC payment fee is very small. All revenue from BTC deposits only for affiliates and affiliate programs, without payment systems like Visa, Neteller, Skrill e.t.c.
     
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    PROFRBcom

    PROFRBcom Rakeback affiliate and professional poker player.

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    I watched the crash in real time. Watched it slide below $1000 USD per coin. 980 there was a pause... I saw $97x long enough for it to flash and me not to be able to read the 3rd digit then it exploded up to $1100 per coin in about 60 seconds. I didn't watch the volume, but there appeared to be tons of buyers below $1000.

    As I type this now, at $1,226 per coin. Only those that panicked got burned... this time.
     
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    RyanWeb

    RyanWeb Affiliate Guard Dog Member

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    Yeah the price is almost all the way back, pretty amazing..
     
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    PROFRBcom

    PROFRBcom Rakeback affiliate and professional poker player.

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    Yea, the crazy swing intraday makes me think the market manipulation is very real in btc. I guess all those Chinese traders found somewhere else to trade with zero fees...
     
  10.  
    Kadabra

    Kadabra Affiliate Guard Dog Member

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    Got the payment from BP 1 day too early :) The price has dropped $100+ since.
     
  11.  
    KasinoKing

    KasinoKing Player turned affiliate.

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    It's yo-yoing again!
    Really wish I'd cashed out at $1,250 - now it's down to $1,116 :(

    Still - it's a lot higher than when I got most of my coins - so it's hard to be glum! ;)

    KK
     
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    RyanWeb

    RyanWeb Affiliate Guard Dog Member

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    Yeah now the price drop is due to the "genius" idea of a bitcoin fork. If you want to look it up, it would basically split the coin in two, with the new one being called "Bitcoin Unlimited". It allows for a bigger block size = faster transaction times. But since it changes the code, its no longer actually "Bitcoin" and the coin, along with the community support, will be split in two..

    The same thing happened to Ethereum last year, (another crypto currency) and it crashed the price completely as the community (investors and minors) where split on what one was the real "Ethereum" coin.

    So this will likely affect the price for a while now while the community decides what to do... IMO the fork is a bad idea, and even the speculation of it is going to suppress the price. Next time it hits around 1200+ (hoping soon) I think I'm going to trade in the majority of my coins.
     
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    KasinoKing

    KasinoKing Player turned affiliate.

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    Oh dear... :( :( :(

    :mad:
     
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    TheGooner

    TheGooner Affiliate Guard Dog Member

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    We're 10K EUR down at present from last months payment ... :confused:
    Will be having discussions with BP about a proper payment system ...
     
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    KasinoKing

    KasinoKing Player turned affiliate.

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    Well good luck with that! ;)
    I predict their response will be... "Take it or leave it"

    In fact, they may tell you to "Fork off"!

    KK
     
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    TheGooner

    TheGooner Affiliate Guard Dog Member

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    On the contrary - I forecast a situation like this directly with BP when we started ... and we noted that we would re-visit it if/when it occurred.
    I don't expect to wear a 10K loss because they're paying in an unstable commodity that cannot be exchanged in a timely manner for real value.

    We will have clear discussions about better payment options.
     
  17.  
    Kadabra

    Kadabra Affiliate Guard Dog Member

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    I am pretty sure they will solve it for you.
     
  18.  
    KasinoKing

    KasinoKing Player turned affiliate.

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    On the contrary to your contrary :rolleyes: I bet their argument will be that they tell you when they send the BitCoin, and as long as you cash-out immediately (within a few hours) there's likely to be less than a 1% change in the rate... and with the constant Btc yo-yoing, there's as much chance of the rate going UP as down.

    Of course, I'm only guessing and I will be interested to hear how your negotiations pan out... ;)

    BTW, did you know CasinoMeister removed their casinos' "Accredited" status based solely on this issue of forcing everyone to use BitCoin - and they didn't give a toss!

    KK
     
    Last edited: Mar 19, 2017
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    slotplayer

    slotplayer Affiliate Guard Dog Member

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    Doesn't it work both ways?
     
  20.  
    Kadabra

    Kadabra Affiliate Guard Dog Member

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    If someone interested, let me know.
     

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