BitCoins

Be free to discuss anything related to casino banking, payment methods etc.

Headline back 2
    3,464
    views
    19
    replies
    Last post ago over 1 year by blurobles
    No avatar normal

    cheetahwind

      Hero Member
    • male
    • offline
    • 140
      thanks given
    • 717
      thanks received
    • Started by
      Hero Member
      987
    • last active 1 day ago

    Readers of this topic also read:

    Please or register to post or comment.
      • No avatar normal

        cheetahwind

          Hero Member
        • male
        • offline
        • 140
          thanks given
        • 717
          thanks received
        • Started by
          Hero Member
          987
        • last active 1 day ago

        Thanks for this post from:

        • Soad1
        • Me
        • Images
        • Index
        • Flapjack
        • Index
        • No avatar small
        • No avatar small
        So I decided I would open up my own thread about Bit Coins in general.

        Let me start off saying that Bit Coins probably won't be for everyone.  Mainly because the price of bit coins goes up and down varying on supply and demand.  The more bit coins there are for sale the less the value is.  The more scarce bit coins become the more the worth.

        For example when I started officially buying and selling Bit Coin.  The price was well over $700.00 a coin.  Then when I started using it for online casinos it was at about the $390ish range.  Now it's bouncing back and forth between $190 to about $300.

        Now most online casinos let you play in a micro bit coin.  Which is 0.001 bit coin (or BTC for short).  So get a full bit coin you'd have to win 1,000 mBTC (micro bit coin).  So for example, I bought in lately for $100.00.  Which allowed me to receive 0.32 BTC or 320 mBTC.

        I've found online wallets like Coinbase and Circle to be a bit more intrusive into my personal life for my taste.  Don't get me wrong the cash outs are fairly fast compared to some other online casinos.  Ranging from 2 to 5 business days.

        Yet I like my winnings in cold hard cash.  Which Local Bit Coin provides me.  They have several options ranging from allowing you to get your winnings via a cash deposit into your bank account, a load to your bluebird card, a western union, if you can find a cash method.  It's probably on there.

        Now of course because all of the sellers on there are 3rd party sellers.  You are best looking a persons feedback and score to determine whether you can trust them or not.

        Now of course if trading with random people around the world isn't your thing.  There are several other options besides those US based options I had mentioned.

        Honestly after all of the hoops I had to jump through to get a deposit to happen, and then all of the hoops to cash out.  I kid you not a 8 hour from deposit to cash out to cash in hand.  Is a very nice change of pace.

        If you have any questions or wish to make your own observation feel free.  I figured a Bit Coin thread would open up some hopeful discussion about how great this option is for those who are willing to brave it.
      • Me

        zuga

        • admin
        • male
        • offline

        "All it takes for evil to prevail is for good people to do nothing "

        Check out our No Deposit Casino and No Deposit Bingo lists.

        • 6401
          thanks given
        • 8844
          thanks received
        • Replied by
          admin
          6,561
        • last active 21 min ago
        thanx for your informative post cheetahwind

        some additional info can be found here : http://www.latestcasinobonuses.com/banking/Bitcoin-casinos.html
      • Avatar 26589

        gabby

        • Mighty! Member
        • female
        • offline
        • 1046
          thanks given
        • 1457
          thanks received
        • Replied by
          Mighty! Member
          3,270
        • last active 1 hour ago
        Buying and selling?  I haven't heard of such a thing but then again I only just heard the term Bitcoin.

        I will check it out.
      • Images

        Cat50

        • Superstar Member
        • female
        • offline

         spin time

        • 4102
          thanks given
        • 2446
          thanks received
        • Replied by
          Superstar Member
          6,152
        • last active 21 min ago
        I tried to buy bitcoins from Coin.mx by using my bank card, but my bank needed me to verify my card again i guess. I saw you posted Circle and coinbase are intrusive, so what is the easiest, best wallet to use? Also, are there any casinos that can be downloaded 
      • No avatar normal

        cheetahwind

          Hero Member
        • male
        • offline
        • 140
          thanks given
        • 717
          thanks received
        • Replied by
          Hero Member
          987
        • last active 1 day ago

        Thanks for this post from:

        • Images
        I guess Circle and Coinbase are only doing there job per US patriot act standards, but when you open an account with them.  That they need to verify who you are, but that sort of takes the fun away from using an anonymous currency in my opinion.
        Plus I just hate having my bank account linked to anything that isn't quite stable yet.  Sure Bit Coin is coming around, but it still has a ways to go.
        Circle will take you Visa card, the limits I have seen vary from person to person.  My limit is $500, others I have seen is $100.
      • Index

        mer3801

          Full Member
        • female
        • offline
        • 249
          thanks given
        • 97
          thanks received
        • Replied by
          Full Member
          137
        • last active about 1 month ago

        Thanks for this post from:

        • Images
        I like coin.mx. They want a pic of you holding the cc/debit card and your photo id. Circle is good, but $100/week maximum. Coinbase is a pain as far as how long it takes for you to recieve your funds.. I linked my bank account, but it says 2-4 days to get the money into Bitcoin. No thanks. Good post cheetahwind.
      • Index

        chocolateman

          Super Hero
        • male
        • offline
        removed
        • 450
          thanks given
        • 494
          thanks received
        • Replied by
          Super Hero
          1,134
        • last active 14 days ago

        Thanks for this post from:

        • Images
        Let me jump in for a min... Add a VISA credit card to your Coinbase along with a checking our saving account. And after your first successful deposit. Your future deposits are automatic at $100 a week. 30 days after your initial successful deposit. Your limit is increased to $1000 a week auto... Circle allows instant deposit as well. But a debit/credit card needs to be on file

        Each companies requires you to register your full information and verify your identity. Once this is done and verified you are all set. Of course you have to make some successful deposit. But once that is done. You are all good. I use both circle and coinbase without any problems...

        The process is basically the same as setting up a paypal account...
      • Index

        mer3801

          Full Member
        • female
        • offline
        • 249
          thanks given
        • 97
          thanks received
        • Replied by
          Full Member
          137
        • last active about 1 month ago
        Chocolateman, I tried adding my visa debit card and it said only cc.. It wouldn't let me link it. Which is pretty lame considering it's the same account that's linked to my bank.
      • No avatar normal

        bongo

        • Super Hero
        • male
        • offline
        • 685
          thanks given
        • 695
          thanks received
        • Replied by
          Super Hero
          1,563
        • last active 19 min ago
                Hey guys,  I haven't used Coinbase but I have been using Circle.com  for the last few months,  never had any problem with them.     
                  Mer3801,  were you trying to link at Coinbase or Circle?    I have a checking acct. and credit card at Circle.  Never had any issues. 
      • No avatar normal

        cheetahwind

          Hero Member
        • male
        • offline
        • 140
          thanks given
        • 717
          thanks received
        • Replied by
          Hero Member
          987
        • last active 1 day ago
        Circle will take your regular bank card and allow you to tie an account that will allow you to do ACHs to it.  Otherwise prepaid cards are a no go.  Otherwise Coinbase hasn't gotten setup for anything but a "credit card", in other words the bank has to have established a credit line for you in order for you to use it at Coinbase.
      • No avatar normal

        bongo

        • Super Hero
        • male
        • offline
        • 685
          thanks given
        • 695
          thanks received
        • Replied by
          Super Hero
          1,563
        • last active 19 min ago
                    I'm kinda' surprised Coinbase hasn't varied their options  a little more than that,    I've  pretty much given up on the whole debit card thing these days,  too many roadblocks and bullshit to put up with.  Just use my checking debit  and credit card these days.  Less hassle.
      • Index

        chocolateman

          Super Hero
        • male
        • offline
        removed
        • 450
          thanks given
        • 494
          thanks received
        • Replied by
          Super Hero
          1,134
        • last active 14 days ago

        Thanks for this post from:

        • No avatar small
        Bitcoin is the wave of the future... More and More retail stores are taking them. There are even bitcoin ATMs. Learn to use bitcoins and do away with these prepaid cards and their silly fees...
      • Index

        chocolateman

          Super Hero
        • male
        • offline
        removed
        • 450
          thanks given
        • 494
          thanks received
        • Replied by
          Super Hero
          1,134
        • last active 14 days ago
        mer3801 wrote:

        Chocolateman, I tried adding my visa debit card and it said only cc.. It wouldn't let me link it. Which is pretty lame considering it's the same account that's linked to my bank.


        Apply for a Visa Credit Card or ask a family member or friend. If they mind if you link it to an account. The card won't be used as long as your bank account is in good standing. CC will only be used as a back up. It makes sense for Coinbase to ask for a CC. Because if your bank account has no funds. Then they feel your debit card maybe the same...
      • Index

        mer3801

          Full Member
        • female
        • offline
        • 249
          thanks given
        • 97
          thanks received
        • Replied by
          Full Member
          137
        • last active about 1 month ago
        I got it all sorted with circle. Linked my bank account which I apparebtly hadn't done yet. I'll just deal with them for deposits. :-)
      • Index

        chocolateman

          Super Hero
        • male
        • offline
        removed
        • 450
          thanks given
        • 494
          thanks received
        • Replied by
          Super Hero
          1,134
        • last active 14 days ago
        Congrats, use them to cashout with as well. You will see how easy it is and kiss your CC online gambling deposits goodbye

      lcb activities in the last 24 hours

      • 29
        new members
      • 643
        members online
      • 12238
        guests online
      • 150
        new posts
      • 5846
        free games played
      Join the club

      Most viewed forum posts

      • Putting on lipstick emoticon 1

        Lipstick

        • admin
        • female
        • online
        • 6795
          thanks given
        • 10281
          thanks received
        Hi LCB'ers,Here is a list of freebies that are not on the weekly code list. This list includes casinos to check your acct, call/email for free chip and casinos not listed here at our forum.  I will update this list on...
        More Free Chips
      • 200 zpsnwkvewod

        Emma.lcb

          Hero Member
        • female
        • offline
        • 481
          thanks given
        • 962
          thanks received
        Hello dear LCBers,LimoPlay Casino has something special in stored for you!!Each week Vitali, the lovely casino representative from LimoPlay will be posting a new contest. Please subscribe to this thread by clicking on...
        Win free spins and more every week with LimoPlay

      Join today and start earning rewards

      You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
      S logo
      Select Language
      Search
      Search Results

      Report to moderator

      Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

      Please note that your email address will be revealed to the moderators if you use this

      Submit
      39012170