Bitcoin Forum

Im just asking those guys that are betting big amounts of money like this:


Im really curious to know how can you bet so much money, where did this money from? For me, I can only hope that I make 19 BTC in total after making BTC slowly and saving it all in maybe a year or so, but you are gambling it all in a single day. This is just crazy for me and I don't get it. I would like to know the history of the people here that have that much amount of money.

There are lots of very rich people about bro!

Regarding bitcoin I guess they're either early adopters who bought a shit load of coins for peanuts, mined loads of coins or perhaps they're just rich AF from owning their own businesses, inheritence......Who knows, the possibilities are endless.

where are u from dude, and how much money you can make from monthly salary?

imo if u live in a developed country, you can make some btc per month easily, i mean your income will be over 1500-2000 USD after tax at least, which can be 4-5 btc per month.

i have lost over 100 btc within 2 years, goddamnit i was scammed by some altcoins.

Maybe its a old man bitcoin user that save some bitcoins before.So for now s/he rich about saving his bitcoins since 2010

Theres so many possibilities. A decent job will easily allow you to buy some btc every month (depending on the country ofc). Some of them are traders and they get their coin from trading, or mining, or they are early adopters.
It is a lot of money, but not that much to be honest. (still a lot lol)

You should see how much people are gambling in Vegas and Macau. People have money from all sorts of things. Sometimes they are rich and sometimes they are playing with their entire paycheck/income.

Not sure why you're worried about where people are getting their funds though.

I am not a big roller because i usually do not gamble, only betting, but i own 20+ Bitcoins. As fox19891989 already said, if you come from a developed country you could easily make 2000-2500 $ a month after tax and can buy Bitcoins with it.

Not many people can spend their whole paycheck on bitcoin's unless they're rich or live in their Mum's basement.

Most people have lots of fiat bills to pay & have to put food on the table.

If people spent the last few years buying 1 BTC per month, it would only average out to a few hundred bucks a coin. There are people who can make that in a few days.

That doesn't even factor in the interest you can get from lending out, lucky hits, other forms of income... ect

You do realise that 1% of the entire population is super rich. Also with BTC the early adoptors probably have hundreds of coins sitting at their disposal.

They probably don't get their money the way most of us do, by working.

which country you mean with "developed country" are you living now? and what is your actual work?
1500-2000 USD was huge amount for just a salary. and wasting 100 bitcoin within 2 years was not a good thing huhh? it just too bad i heard your experience like that.

He said that he wasted bitcoin not dollars. Some people are lucky enough that they are the early adopters and managed to get some bitcoins while it is still cheap. SOme people got a lot of fortune when bitcoin reached $1200 so it is not something amazing to spend 100 bitcoins in 2 years

I think no need to worry on some people had a fortune to sell bitcoins at 1200$ because we will soon see that level again. I hope next year will be the boom year for bitcoins so just accumulate what ever you can now and wait for the fortune to sell.

I would think that some of them are holding it from very very long time ago so they would have that many coins for gamble a lot here. Because they dont even know when to spend that lot of money except for gambling

Off course they should have either brought at very cheap price or mined long back so they may not be worried to spend so much in gambling. If any one buy at current level may not be spending so much in gambling.

lot of rich people out there who active players to spend hundreds btc to do their hobbies gambling i will not surprised if someone spend lot of money from doing it but if you asking where they do get the money from i think they would not say honestly

wow, down that much that quickly, I couldnt do it thats for sure. I understand what the OP is saying, developed country or not, not everyone has access to that amount of liquid assets. I know my purchase modest of miners (awhile back now) was quite an expenditure at the time, one I contemplated for quite awhile. 19 BTC gone that quickly would be a devastating loss to me and many smaller miners/traders.

very early adopters,
pro traders,
alt coin owners ( pre mines shit.. scams .. etc )

mostly they have loads

Lol I don't have a job & never had one
Too young for one here

I ain't rich at all I just get btc here and there

Not really an early adopters but Some people are rich and some dont, that doesnt mean they do shit tons of bad things to acquire bitcoin. Some people are just rich guy that buy bitcoin to gamble because it is much safer especially if your country restrict online gambling

i'm not surprised when millionaire or even billionaire betting on internet gambling especially on bitcoin gambling, People will have the ultimate control over their money or bitcoin,it's all up to them that's not our business, and where did they get their money from, of course they have a different story

I would be highly surprised if any real high rollers making those kinds of bets actually wasted their time reading - much less posting - in this section.

Well good for u, but working habit is really important in life. But if u can make enough btc for fun and gambling that is cool.
I`m not asking myself where did they find bitcoins, maybe they buy it, maybe earn it before 5 years... There is rich people in this world, and people lose much more fiat then btc in casinos, for sure!

If some can bet and afford that amount to lose, then he should be atleast wise enough to have some invested on something that would generate him money or bitcoins.. You cant have so much money and have no brain at all. Unless you are one of the fortunate yet stupid ppl that gains their wealth either by inheritance or anything you didnt work for.

This is basing on experience.

https://i.gyazo.com/5d9f241135ad4d19ab595655ed72dc9e.png

Buying bitcoin was the first gamble, they put what they could afford to lose in the most volatile asset. I guess they don't mind losing a little more, the goal of gambling is to win anyway, so that's what they were trying to do for sure.

I always thought the miner have the most bitcoin.
And i always thought that only miner would gamble that much? I couldn't think anymore than that.
I think there no rich people that buy bitcoin just for gambling for bitcoin? Why dont they just gamble it on real life since they are rich.

Dude they are business man they earn the money

Hey man ,they all work full time on-site jobs (most of them).Its good to show over here how easily they lost the money but  takes hard work to earn that .I can assure you I make more than 5 btc's a month but i do work for 23 days for 8 hours everyday and currently employed in an MNC .Similarly , other's have regular jobs or maybe they run businesses.

Mostly i used to play my spare coins for play i am not a full time gambler so that is why i am not down any dice at the moment.

I am not a big roller but most of them bought lots of bitcoin when they were cheap. If I were them, I would not take the risk to bet as the value of BTC is rising. It would be difficult to earn back the BTC if you loses them while gambling.

Huh.. doing the math, lets say an average of 1700 USD as salary which is pretty high in lots of countries in the so called developed world, now take away the basic needs such as rent, food, electricity, heating.. boom, there you go. I don't see how you are going to make 4-5 BTC per month dude, 4 BTC is already higher than that salary already (1846 right now).

i have a decent job now, my company covers my food and room, after that they pay me around 2000 usd.

btw i didn't buy all of my bitcoin at so high price, i bought 10 btc at 60 usd in 2013, totally spent 4000 usd to buy btc andmade them to 50 btc, but in the end i lost my 50 btc---which i invested 4000 usd on them.

this year sucks, i get this good job, but i started to waste my money like buying bitcoin to trade altcoin, and i did bad trading  and lost a lot. finally i was angry about the trading, just bet with my left 25 btc on a tennis match, so the tragedy happened!!!

As a guy who kept tossing fiat-BTC for profit, what fox said is somehow true depending on your buying averages. Entering in a certain price range is in itself already a gamble because you don't know whether the price will go up or down; whether you'll keep your profit or keep your losses. If you started big and played the price swings very carefully and well, I don't see how you can't make 4-5 btc per month. Shorters who are expert enough can do that pretty easily.

There are ordinary high-paying jobs in the range of 100k euros a year. Doctors, dentists, lawyers, engineers, etc. You can buy an expensive car or make big bets and you will still be frowned upon by other people for having too much money or spending too much money or whatever. Just improve your qualifications and stop worrying about what other people make.

I think high rolers will say from the high wins ll

yes plz tell us HR i see some people losing like 10 btc and dont even mind loosing that :(

I can tell you from the people that I have met the big rollers that made their money gambling made it in sportsbook wagering and poker.  These are the games were if they are done right a player can make a lot of money.  It takes practice, lots of time and skill however in order to achieve this. 

well im not that big of a player, though i play gambling games very often i must admit, i get the money for gambling from the signature campaign i participate in though i should save up more as i always loose my money and never make decent profit

There are lots of rich man/woman. If they want to play, the only thing that they have to do is to convert their dollar/euro into BTC. Or, if you're worker, you can easily reach 10-20 BTC (4000-8000$, not too much).

wow, 100k euros year income are lots of money, i have lived in Finland for some years, you guys know Finland is one of richest country in the world, from national stat reports what i read 3 years ago, i remember it said that doctors earn 4k euros per month, dentist-5k, lawyer more than 5k, engineers earn less about 3-4k, but 100k euros are also very high for them only a few and very experienced guys can earn that, and after they pay taxes, they will only have 2-3k euros, which is a general standard, i am a software tester but can earn 2000 usd after taxes and deduct living and food expenses, which is decent to me.

well i usually get money from my job as i dont have any other ways to earn real money, as for bitcoins i usually get them from the signature campaign, i gamble very often though im not sad at all if i loose money as playing in casinos gives me high quality entertainment

Shorters are gamblers... it's impossible to predict the market no matter how good yo uthink you are at technical analysis. ANd in any case I was talking about buying the BTC with your salary not shorting, and 4-5 BTC a month is impossible for like 99% of people.

I think OP means for big rollers. By the way you said you got money from signature campaign, I dont think that you are really big rollers because signature campaign will pay you 0.2 maximum so you can't do big rolls with this kind of income

being deeply emotional in gambling and stripped in large and rates , and profit or defeat, due primarily due to personal desire, matter, and the amount at which he computes in having the game and the amount of time in this sector, but under certain conditions himself personal people will find a way to define such huge amounts though really, sometimes puzzling

100k euros a year is extremely high, pretty rare nowadays. And even then, expenses of living, assuming they live in a upper class area, is higher, so more money goes on there. At the end of the day it doesn't really explain how people are making bets of 25 BTC in a tennis match or stuff like that, you have to be really wealthy for this or just pretty crazy.

I think that some got their BTC from the start, when they were worth nothing and were just like an idea or concept. Then China came along they their value got huge.

Even if one where to make around $2000 after taxes and put it all in bitcoin, I can't even fathom gambling it all away though (or just putting my funds in a risky win/loss situation).  You have to be conservative when gambling, and set a little aside you want to play with to have the possibility of getting more.

So, for example, if you have just bought 4 bitcoins, and know that you want to set aside 10% of your coins for entertainment purposes in gambling each week, then 0.4 btc is a good amount to be playing with... then when/if you lose that, I wouldn't put more in to "dig a deeper hole" per se.  Same is if you bought only 0.4 btc, I believe it's reasonable to only bet 0.04 btc, and so forth.

Yeah none of the arguments being presented here explain how they can gamble such amounts of stuff. Your average doctor is not going to be gambling ridiculous amounts of dollars in a single match. Most people with respected careers aren't single and young where can you be reckless, most have families, and gambling is out of the question, so I still don't get it.

They just make the money and then feed it to their gambling addiction. I guess you can win sometimes, but if you dont stop, it is over.

But not every big gambler can be an early adopter I think... there aren't that many early adopters that saved huge amounts of BTC to the point they can carelessly gamble with them, so it doesn't add up.

Man not everyone in this world is struggling for bitcoins.There are some big gamblers,betters too whose pasion is gambling.I still remember one guy who use to bet 50+ bitcoin on his every sport bet on directbet and guess what at 1.03,1.07 such odds.He betted 62 btc once at 1.02 odds..He risked that much bitcoin for such low odds..so yeah there are some people who have that much bitcoin..Now where did they get that much? well they bought it obviously coz it's very difficult to earn such amount..it may take years to earn that much online.

From my experience big rollers are mostly early adopters who like to gamble and owners of their  own bitcoin/crypto business.
That group is for sure the 80% - 90% of all high rollers out there. There are also old blood rich gamblers out there who discovered potential of bitcoin gambling.

he likes safe bet, like i did on French Open, Wimbledom Open(won 5 btc or more, can't remember now) this year, the results were very good, if i kept betting like that, i would still profit many btc, but i didn't do that again, so i lost a lot of money in the end, you know such low odds will happen in djokovic vs weak players, now those weak players are not able to beat djokovic, so the bet is very safe, even i called it FREE MONEY.

That's a solid statement.

A lot of those guys got some services and income from bitcoin/internet related products, which provides them in their habit of gambling.

I had a service too, but had to stop it since i had not more time.
But yes i believe most of the big rollers earn from websites enough to gamble and keep on gambling.

Early Adopter probably, they use to giveaway back then just like the new coins that's been spurting these days, they gave away thousands of coins.  I remember a thread where someone bought a pizza for 10K btc.

I use to have 150K STRs when they gave it away.
If STR is worth a dollar, I could still have thousands of USD to my wallet. I will recover my wallet password later once its value get super high.

Mainly two things. People who are rich in real life, and convert into bitcoin, it early adopters. But even then, some early adopters either burned their coins, or accidentally lost them. Sad.


Some people were also maybe super lucky and founded a really big bitcoin site... *Koff* Gox *Koff*

Maybe they just bought the Bitcoin with fiat money, cos I think it's the fastest way to do that

Yeah I'm also thinking about where they get that huge number of bitcoin where they lossing in gambling. Early adopters? but are there coins they have before still in their hand right now?

What you replied is not 100% correct i have seen djokovic losing to weak players , so if you are playing like this on low odds for 50 matches also if one match goes wrong your whole bankroll we become zero, so not always all matches go according to the players some time it goes according to the situation.

if you run thatway to bet continuously and i am sure you will get busted one day, so the previous "FREE MONEY" will be mean nothing.
let's say you bet 20 btc @1.01 , you will get 0.2. do it 100 times you will get doubled profit. that estimate happened if in that 100 times there is no unexpexted result. unfortunately gambling are gambling there always something surprising every times.
highrollers always have different thinking due their huge capital amount which affected to gamble decision so let them go mad we loveto see it as a enternainment.

China is just fancsinating speculation and earn quick money! They wouldn't keep their Bitcoin to now. When there was a chance, they should have cashed out for profits.

Not only Chinese people, those who are not aware of the future of bitcoin, not believing in holding bitcoin and cash out in time to time. I predict their future of regrets. I again predict them as late adopters of bitcoins.

It doesn't makes sense IMO cause people have their businesses and services to get funds ,why would you ask someone about his income or job.
Maybe some are very early adopters and have no problems in losing some hundreds.
Nobody right now is late ,but they are not early for sure.

reason are they are just rich IRL or probably they are one of the bitcoin's early adopters so 19btc isn't too much in numbers for them. bitcoins isn't only for poors to use but the reality is there are lots of rich people using it. i myself see one user in a gambling site lose 50btc in a day trying to hit big multiplier ;)