losses from bitcoin

Would never wager with bit coins.  I got all of my Computer Files hi-jacked and had to pay bit coins to the person to get them back.

Bought $3000 in Bit Coins one day and the next day they were only worth $2700.

That sucks and I would never deal in Bit Coins again!!!!

Actually contacted the FBI.  They said they do not recommend paying but the only way I would probably get my files back was to pay.  Bought $3000 in Bit Coins to pay and they transferred them to my account and the next morning the value went down to $2700.  That is pure CRAP IMO.  Did pay and got my files back.

Exactly my point......Bit Coin is a Scam.....I talked to the guy I bought from and I guess the spread is 20-30% on any given day.

BEWARE!!!

Hi all,

My name is Peter and I am the Community Manager at Cloudbet.

If you're interested in betting with cryptocurrencies, please do visit the new special forum area here:

/forum/39398/bitcoin-betting

I am also happy to answer any questions you may have around bitcoin or indeed bitcoin betting.

Thanks!
Peter @ Cloudbet

Bitcoin is not a scam. It¡¯s very volatile so the prices can fluctuate in 20-30% range within 24 hours. Bitcoin is extremely volatile compared to the traditional currencies. You will lose money when bitcoin price drops but you can win when its price rises. That¡¯s why it¡¯s risky, but it is justified by the potential profit. Never know when you will lose or gain.

Now a days bitcoin is one of the most common term people use. So here I just want to know an info, that what is the relevance between bitcoin broker and loan sharks. If anyone knows kindly let me know. 

I normally just use BTC to gamble and cash out instantly.

A loan shark is a person who offers loans at extremely high-interest rates, has strict terms of collection upon failure, and generally operates outside the law. Loan sharking is usually illegal, although predatory lending with extremely high-interest rates such as payday or title loans is sometimes considered to be loan sharking. A cryptocurrency broker is a firm or an individual that acts as an intermediary between the cryptocurrency markets to facilitate buying and selling of cryptocurrencies. And it is legal to buy cryptocurrency from regulated brokers. However, CFDs are illegal to trade in both countries.

After Elon Musk talked about bitcoin. The exchange rates of bitcoin got very high. Did you hear about ARTDEC? I heard that is an Elon Musk inspired Defi Platform that embodies NFT Minting Dapp For Digital Creators To Mint Their Works as NFTs and also A Marketplace for NFTs where creators can earn money as they list their collectibles on our Decentralized Platform built on the Binance Smart Chain. Does anyone know about this?

I also newly started investing in TPAY . It is the product and service of TETRA PAY INTERNATIONAL INC. The group is also the issuer of this cryptocurrency based on BNB Blockchain and its BEP-20 protocol.

I think you just really have to be patient about it and be hopeful that the value will pick up soon. BTC is highly volatile so that's normal. Better take it out when its on a slow decline. That's safer.

Sometimes it happens