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Author Topic: I am lucky guy! Bitcoin made me rich! {bitcoin roulette experience}  (Read 7309 times)
altcoinrichguy
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May 05, 2015, 07:41:58 PM
 #1

Recently i found a new online bitcoin roulette which accepted bitcoin, so i decided to give it a try. i registered and deposited some amount {the nice part was that i got 50% bonus on that}. after some nice playing i made 15x my initial deposit, however after 24 hours playing i decided to put the whole amount on BLACK. And as you can imagine this bet made my day black too. i lost everything.

After couple days i went there again and made a bigger deposit, luckily i won a lot of times and made some big money. this time i did not bet on black and withdraw the money immediately.

Thanks to that winning streak, now i have some decent amount of bitcoins in my wallet. I plan to go back to the roulette and try to win some more, so the questions is if i win some bigger amount {lets say over 100 bitcoins} where should i withdraw and safe-keep them? coinbase? circle?
if i keep them in some of these and if i decide to exchange them to cash, how long it will take for that?

I also contacted Bitcoin Beveren and asked if it is possible to send me the funds in fiat. The answer was positive but they said there will be a fee of at least 3%.

So what is the best option here?
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May 05, 2015, 07:51:06 PM
 #2

Might be an idea to spread out the earnings over a few platforms/wallets.

Always look for something with multiple layers of security, such as multi-sig as a bare minimum requirement.

Online platforms are always a risk, though the ones you mentioned should be relatively safe Smiley
BlitzandBitz
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May 06, 2015, 01:01:50 AM
 #3

Make sure all your wallets are encrypted and the passwords are not something easily guessable.
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May 06, 2015, 06:18:16 AM
 #4

Do not keep that large of an amount on an online service. You won't want to be goxxed or have another incident like input.io strike again. Rather buy a trezor or a leder wallet and store your coins. The current value of bitcoin is low, so don't convert to fiat just yet. Hold onto it as a trust fund.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
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May 06, 2015, 08:23:07 PM
 #5

Feels like a disguised post to promote the roulette site.

If it's not the case, download a wallet software (Armory, Electrum, Multibit, etc.) and store your coins there. When you don't truly control your private keys, you don't really own the bitcoins stored at the address.

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May 07, 2015, 06:26:50 AM
 #6

If it's a big amount of BTC, you need to safe it in offline wallet. And if you want to change them to cash, it's depend to the price you sell for the BTC. Because more low the price more buyer will be.














 

 

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altcoinrichguy
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May 07, 2015, 09:44:46 AM
 #7

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
CrackedLogic
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May 07, 2015, 09:49:34 AM
 #8

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
Print out a paper wallet and keep it in your wallet. You should feel a bit more comfortable about that. Just don't store massive amounts on your online wallet.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
diodio1
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May 07, 2015, 11:27:11 AM
 #9

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
Print out a paper wallet and keep it in your wallet. You should feel a bit more comfortable about that. Just don't store massive amounts on your online wallet.

yeah never stored big amount in wallet online , people will try to guessing hacking etc to get claim your adress

BurHan Alassad
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CrackedLogic
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May 07, 2015, 11:30:31 AM
 #10

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
Print out a paper wallet and keep it in your wallet. You should feel a bit more comfortable about that. Just don't store massive amounts on your online wallet.

yeah never stored big amount in wallet online , people will try to guessing hacking etc to get claim your adress
That's not the problem. Anyone can do that with sufficient malware installed on the victims computer. The biggest and the most troubling problem is the reliability of the company that's keeping your private keys.  They could pack up and go whenever they want to.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
diodio1
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May 07, 2015, 11:37:11 AM
 #11

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
Print out a paper wallet and keep it in your wallet. You should feel a bit more comfortable about that. Just don't store massive amounts on your online wallet.

yeah never stored big amount in wallet online , people will try to guessing hacking etc to get claim your adress
That's not the problem. Anyone can do that with sufficient malware installed on the victims computer. The biggest and the most troubling problem is the reliability of the company that's keeping your private keys.  They could pack up and go whenever they want to.

yeah as we know online wallet hold our private key , but if the online wallet like big company blockchain i think they will never run only for 100 bitcoin , is not worth.

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May 07, 2015, 11:41:13 AM
 #12

hi

first of all congratz on your winnings ..
I want to suggest you don't withdraw to coinbase account beacause i heard some peoples account frozen because there btc coming from gambling sites..and when you want to use exchange site before using it try to know is that site ligal or not. There are so many exchanger ran away with peoples money.you can ask here legit exchange site name.we can let you know but before it where are you from? Its important.

Good luck

I AM DONE
CrackedLogic
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May 07, 2015, 11:50:03 AM
 #13

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
Print out a paper wallet and keep it in your wallet. You should feel a bit more comfortable about that. Just don't store massive amounts on your online wallet.

yeah never stored big amount in wallet online , people will try to guessing hacking etc to get claim your adress
That's not the problem. Anyone can do that with sufficient malware installed on the victims computer. The biggest and the most troubling problem is the reliability of the company that's keeping your private keys.  They could pack up and go whenever they want to.

yeah as we know online wallet hold our private key , but if the online wallet like big company blockchain i think they will never run only for 100 bitcoin , is not worth.

With it's current price it's not worth it. But there are another couple hundred thousand people who use their service, they are holding a large sum of money. Although they seem reputable, you can't put your trust in an anonymous irreversible currency. They can still run off with it.  You did mention the possibility of being hacked. That is severe. Look at inputs.io

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
diodio1
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May 07, 2015, 12:06:37 PM
 #14

I have read about offline wallet but i am not comfortable for doing that, its too scary for me.

I would probably go for a direct bank withdrawal. 
Print out a paper wallet and keep it in your wallet. You should feel a bit more comfortable about that. Just don't store massive amounts on your online wallet.

yeah never stored big amount in wallet online , people will try to guessing hacking etc to get claim your adress
That's not the problem. Anyone can do that with sufficient malware installed on the victims computer. The biggest and the most troubling problem is the reliability of the company that's keeping your private keys.  They could pack up and go whenever they want to.

yeah as we know online wallet hold our private key , but if the online wallet like big company blockchain i think they will never run only for 100 bitcoin , is not worth.

With it's current price it's not worth it. But there are another couple hundred thousand people who use their service, they are holding a large sum of money. Although they seem reputable, you can't put your trust in an anonymous irreversible currency. They can still run off with it.  You did mention the possibility of being hacked. That is severe. Look at inputs.io
prejudice is okay , but over prejudice is not good. just more take careful when you have a lot of bitcoin and its stored online and you know that priv key are hold by company it means they have access to your wallet to move as they want .

BurHan Alassad
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May 07, 2015, 07:30:49 PM
 #15

I hope you'll keep your earnings and not to try gambling again, or if you do, only with small amounts.
Wish you the best with youre bitcoins and invest them wisely  Wink
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May 08, 2015, 05:02:17 AM
 #16

Recently i found a new online bitcoin roulette which accepted bitcoin, so i decided to give it a try. i registered and deposited some amount {the nice part was that i got 50% bonus on that}. after some nice playing i made 15x my initial deposit, however after 24 hours playing i decided to put the whole amount on BLACK. And as you can imagine this bet made my day black too. i lost everything.

After couple days i went there again and made a bigger deposit, luckily i won a lot of times and made some big money. this time i did not bet on black and withdraw the money immediately.

Thanks to that winning streak, now i have some decent amount of bitcoins in my wallet. I plan to go back to the roulette and try to win some more, so the questions is if i win some bigger amount {lets say over 100 bitcoins} where should i withdraw and safe-keep them? coinbase? circle?
if i keep them in some of these and if i decide to exchange them to cash, how long it will take for that?

I also contacted Bitcoin Beveren and asked if it is possible to send me the funds in fiat. The answer was positive but they said there will be a fee of at least 3%.

So what is the best option here?


Don't store 100 BTC online.

If you want to keep them, move them to cold storage and let only small amounts in your hot wallet.

If you want withdraw FIAT withdraw to some small exchange.


And James Bond already shown us that if you want to go all-in, you must go on red.
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May 08, 2015, 07:43:44 AM
 #17

If you ask me, i think you're just promoting that roulette website.
Playing on a casino, depositing many bitcoins, and you ask us where to withdraw ? Sorry, that dosent mach for me ...
XinXan
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May 08, 2015, 08:06:12 AM
 #18

If you ask me, i think you're just promoting that roulette website.
Playing on a casino, depositing many bitcoins, and you ask us where to withdraw ? Sorry, that dosent mach for me ...

What does he win by promoting that casino? The link is not a referral link and im almost sure he is not the admin or owner of the site or he would just promote it normally like everyone else, he even posted it here wich is a section that not many people see

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CoolStoryBro
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May 08, 2015, 10:57:03 AM
 #19

Don't convert to fiat, cause when your gambling ego will reappear, you'd need to pay additional fees to convert your fiat back to bitcoin.
So better keep your btc on wallet so it's easy to deposit when you feel gambling mode again.
rodrigobitcoin
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May 09, 2015, 10:20:32 PM
 #20

1. buy a old pc and get offline
2. create offline wallet and send all bitcoin
3. create backup with dvd or more usb  Grin


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