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Author Topic: Can't access my bitbook.biz balance - need to withdraw because of shutdown  (Read 2895 times)
cam02003 (OP)
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March 20, 2014, 10:42:41 AM
 #1

I just saw yesterday that they are shutting down the site. The website is down and I can't get on to withdraw. How am I to do this?
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fantasycoin
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March 20, 2014, 05:15:06 PM
 #2

I just saw yesterday that they are shutting down the site. The website is down and I can't get on to withdraw. How am I to do this?

I believe they had a 48hr period for people to get the withdrawl's done, might be too late, sorry.
mekanical
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March 20, 2014, 06:38:40 PM
 #3

I'm in the same boat, trying to PM bitbook to get a resolution.  That wasn't much notice.
minet12x
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March 22, 2014, 07:15:52 AM
 #4

Same here
people do go on vacation in March
WTF...
I will wait a till Monday than i recommended everyone in this boat go to sportsbook review and file a compliant
more complaints they get the more they WILL go after them
wayneyoyo
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March 22, 2014, 08:01:28 AM
 #5

bitbook gone
cam02003 (OP)
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March 22, 2014, 10:59:56 PM
 #6

PM'd bitbook.biz and nothing back yet.
mekanical
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March 24, 2014, 03:04:49 PM
 #7

PM'd bitbook.biz and nothing back yet.

Same, anyone know any other means of contact?  I tried emailing them at contactbitbook@yahoo.com (an email that has worked previously) and the account is no longer active. 

Anyone have any other ideas for contact methods?
BitOnyx
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March 24, 2014, 03:13:14 PM
 #8

Only 48h ?! This is ridiculous.

minet12x
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March 25, 2014, 06:16:39 PM
 #9

Here is the link for a compliant

http://www.sportsbookreview.com/sportsbook-complaint/


They will look into and try
might take a few days
jeremypwr
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March 25, 2014, 06:23:40 PM
 #10

Sorry man but I wouldn't count on ever seeing that BTC again  Embarrassed

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xypos
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March 25, 2014, 06:32:44 PM
 #11

Be careful on which website you put money.
Internet is full of scams!
mekanical
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March 25, 2014, 09:41:19 PM
 #12

Be careful on which website you put money.
Internet is full of scams!

I don't think this website was ever intended to be a scam, but its a good testament to the fact that you do not have possession of the bitcoins in any online wallet and are subject to issues and consequences the website holding your coins experiences.
MoneyGod
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March 25, 2014, 09:54:52 PM
 #13

bitbook is not scam they give too much time to all customers for withdraw and after confirming all they shutdown this all

DirectBet
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March 25, 2014, 11:18:17 PM
 #14

This should serve as a reminder that your Bitcoins are not safe when you deposit them into a sportsbook, no matter how long they are in business or what their reputation is - and Bitbook was considered the most reputable Bitcoin sportsbook at the time !

For this reason we've created DirectBet. We came up with a unique solution where you can bet on sports events without depositing your Bitcoins and parking them on a 3rd party website. We do not hold your Bitcoins except during the lifetime of the bet and only the amount that you wish to bet. That's as safe as it gets.

http://www.directbet.eu

goxcraft
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March 26, 2014, 11:36:13 AM
Last edit: March 26, 2014, 11:57:16 AM by goxcraft
 #15

This should serve as a reminder that your Bitcoins are not safe when you deposit them into a sportsbook, no matter how long they are in business or what their reputation is - and Bitbook was considered the most reputable Bitcoin sportsbook at the time !

For this reason we've created DirectBet. We came up with a unique solution where you can bet on sports events without depositing your Bitcoins and parking them on a 3rd party website. We do not hold your Bitcoins except during the lifetime of the bet and only the amount that you wish to bet. That's as safe as it gets.

http://www.directbet.eu

It is not ethical to advertise through other threads. I can’t stand companies doing that! BTW one company, which used the same betting solution without depositing, went down! It was outright scam - Bitcoinsports.eu. I wouldn't call it "That's as safe as it gets", because it is not.

https://bitcointalk.org/index.php?topic=439668.0
DirectBet
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March 26, 2014, 01:08:39 PM
 #16

This should serve as a reminder that your Bitcoins are not safe when you deposit them into a sportsbook, no matter how long they are in business or what their reputation is - and Bitbook was considered the most reputable Bitcoin sportsbook at the time !

For this reason we've created DirectBet. We came up with a unique solution where you can bet on sports events without depositing your Bitcoins and parking them on a 3rd party website. We do not hold your Bitcoins except during the lifetime of the bet and only the amount that you wish to bet. That's as safe as it gets.

http://www.directbet.eu

It is not ethical to advertise through other threads. I can’t stand companies doing that! BTW one company, which used the same betting solution without depositing, went down! It was outright scam - Bitcoinsports.eu. I wouldn't call it "That's as safe as it gets", because it is not.

https://bitcointalk.org/index.php?topic=439668.0


With the recent closure of MtGox, and so many Bitcoin sportbooks that ran away with the deposited Bitcoins, it is clear that your Bitcoins are not safe, even when stored on an exchange, and I believe it is important to educate the people here that they should keep their Bitcoins in their wallet as much as possible.

As a company that provides betting services, we came out with a unique solution to this issue. We are currently offering the safest way to bet on sports with Bitcoins.

The other site that you mentioned did take deposits - from investors, and the investors were the ones who suffered most of the losses, or those who kept betting despite not receiving their winnings.

We on the other hand don't take deposits or investments. We also provide a guarantee that you will receive your winnings within an hour (or else you get a free 0.02 BTC bet !), so you have control of your Bitcoins as much as possible.

alabamafan1
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March 26, 2014, 01:41:50 PM
 #17

Direct bet you could simply keep accepting wagers and stop doing payouts so yeah stop trying to promote your services. Bitbook WAS NOT a scam. They have users 10+ days to withdraw their balance after they made the announcement they were closing. People who had 50+ BTC in bitbook did not have any problem withdrawing during those days and bitbook made it clear the site was going offline after 7 days had passed and they said it would be up for a few more days. Do not call bitbook a scam direct bet, they never were and it is not the fault of them that these users did not check their accounts or the latest news in 10+ days. If I kept any significant money in a site I would be careless not to follow the news of a site for 10+ days. Just my two cents here.
cam02003 (OP)
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March 27, 2014, 01:09:59 AM
 #18

I placed a bet once a month maybe. I'm a casual bettor who doesn't check the site or this forum regularly. There is no reasonable way I could have withdrawn my money from this site given that.
Harib
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March 27, 2014, 05:19:25 AM
 #19

Bitbook WAS NOT a scam. They have users 10+ days to withdraw their balance after they made the announcement they were closing. People who had 50+ BTC in bitbook did not have any problem withdrawing during those days and bitbook made it clear the site was going offline after 7 days had passed and they said it would be up for a few more days. Do not call bitbook a scam direct bet, they never were and it is not the fault of them that these users did not check their accounts or the latest news in 10+ days. If I kept any significant money in a site I would be careless not to follow the news of a site for 10+ days. Just my two cents here.

"Bitbook WAS NOT a scam."

Bitbook refunded the deposits of many of their customers. But the owner is aware of all of the customers who didn't withdraw during the period he was refunding.
It's obvious that those customers didn't make a decision to forfeit their funds, but were not aware of the closure.


"Do not call bitbook a scam direct bet, they never were and it is not the fault of them that these users did not check their accounts or the latest news in 10+ days. If I kept any significant money in a site I would be careless not to follow the news of a site for 10+ days. Just my two cents here."

I keep money in many places which I do not check every 10 days.
Blaming the victims is pointless.
When customers deposited, the t & c did not state "We may close shop with 10 days or less notice, and will not refund your money if you're not around during those 10 days".
The owner may have been underfunded, and cut off all contact with customers once he ran out of funds to refund.
He knows that he owes money, and he's chosen not to pay.
mekanical
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April 02, 2014, 08:01:42 PM
 #20

Has anyone found any way of contacting bit book?
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