BITCOIN IN 2016

apaper816

apaper816

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I was just wondering what the latest buzz was involving bitcoin and online poker. Opinions, news, articles, debates all welcome. Please contribute.
 
quick

quick

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I'm amazed it's still around. I dabbled in mining it and various other "alt" coins a few years ago. It was fun and I'm always on the lookout for new alt coins to mine and then hold some/trade some for BTC.

I think it's good for online poker in some ways (esp in terms of access in America) but there's also risk for abuse in unregulated sites using unregulated anonymous currency (there's huge potential for abuse). Because we've seen before people sending X amount of BTC to an address and then the money is gone. And you know sites could take advantage of that.

But if more reputable sites like ACR and Bovada continue to remain reputable and continue (Bovada recently announced it) to accept Bitcoin deposits it;'s good for the currency and good for US players.
 
apaper816

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QUICK

I'm amazed it's still around. I dabbled in mining it and various other "alt" coins a few years ago. It was fun and I'm always on the lookout for new alt coins to mine and then hold some/trade some for BTC.


You were into mining huh? Seemed somewhat confusing to me and I like to think of myself as pretty tech savvy for a laymen lol. When did you get into mining coins, and what was the price at that time?
 
TeUnit

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any additional withdrawal options are good
 
apaper816

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Pretty ironic that bitcoin's price tanked quite a bit today. So interesting to watch how such a volatile digital commodity behaves.
 
NCDaddy

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The swings are incredible. I've been kind of keeping on eye on it to see if it would be worth buying in only for moving poker money around. I assume you guys have done so with some success and no problems?
 
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I requested a bitcoin withdrawal on ACR yesterday and it has not been processed yet. Do they take the weekends off or does it normally take awhile?
 
MoryMorte

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Betonline and BitCoin

I had a bad experience with Betonline. I deposited some money and it did not go through. Called BO and they told they did not receive it and after several calls and email it turned out that the address BO generates expires after like an hour and two but BitCoin sometimes take a while to go through. BO did deposite my money but it was a lengthy process.
 
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