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Thread: Bitcoins are officially donkdown

  1. #6301
    Things I learned in 2018.....druff can hold a grudge.......lol......
    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

  2. #6302
    Quote Originally Posted by Mintjewlips View Post
    Things I learned in 2018.....druff can hold a grudge.......lol......
    shit it took you until 2018 to figure that one out?

  3. #6303
    Quote Originally Posted by GambleBotsChafedPenis View Post
    Quote Originally Posted by Mintjewlips View Post
    Things I learned in 2018.....druff can hold a grudge.......lol......
    shit it took you until 2018 to figure that one out?

    Besides limit poker, druff's jewness has led to many a grudge. Hope you are feeling better Todd!!!

    I could go for a good druff calling toys r us from the toilet type of story, this sites been dead. Whoever pays for this is probably operating on a loss.

  4. #6304
    Good lord, $3400.

    Like witnessing a curb stomping. These are big percentage moves now.

  5. #6305
    Master of Props Daly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Good lord, $3400.

    Like witnessing a curb stomping. These are big percentage moves now.
    I wonder how many people just in poker rooms right now that are saying something to the effect of “wow I can’t believe I was up $250K (or any other “real” number) 12 months ago. I know at least 6. I know one guy who is still up but had $2M at one point and never sold.

    Smartest guy I know is one of these full time 9-5ers that also plays poker and bets props and other internet gambling (not me unfortunately but we got a lot in common). He got into BTC early and made a killing with it but also killed at props and kept accumulating them before the boom. It got to a point 2.5 years ago he stopped depositing the BTC because he kept winning bets but it was nullified by not having the BTC apreciation. After a while he withdrew the cash winnings into BTC. When BTC hit 5K he did something foolish and took a big % off the table paid off any real world debt he had including his house and cars. When it started to get parabolic he quickly calculated a number that would get him enough money to cash in the rest and have enough money to retire at 43. The number was 12,xxx.xx...... literally had it down to the penny.

    The number hit on a Thursday AM and he pushed the button. All the money got sent to his account/wallets. It took until Tuesday for his bank to confirm the receipt of the cash. He wasn’t to the local BOA branch and got the manager to certify the money was there and it was fully “his”. He walked into work late and retired on the spot (and handed his boss and his three team mates $5k in cash each as he was walking out mid project). That early afternoon he went to fidelity and set up an stock fund, that late afternoon he went to an insurance guy and bought a long term annuity with the rest he left in cash.

    Retired at 43 from BTC and Gambaling. The fucking guy is literally my hero.

     
    Comments
      
      sonatine: honestly, beautiful.
      
      gimmick:
      
      Tellafriend: amazing
      
      big dick: what a boss

  6. #6306
    Canadrunk limitles's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Sanlmar View Post
    Good lord, $3400.

    Like witnessing a curb stomping. These are big percentage moves now.
    I wonder how many people just in poker rooms right now that are saying something to the effect of “wow I can’t believe I was up $250K (or any other “real” number) 12 months ago. I know at least 6. I know one guy who is still up but had $2M at one point and never sold.

    Smartest guy I know is one of these full time 9-5ers that also plays poker and bets props and other internet gambling (not me unfortunately but we got a lot in common). He got into BTC early and made a killing with it but also killed at props and kept accumulating them before the boom. It got to a point 2.5 years ago he stopped depositing the BTC because he kept winning bets but it was nullified by not having the BTC apreciation. After a while he withdrew the cash winnings into BTC. When BTC hit 5K he did something foolish and took a big % off the table paid off any real world debt he had including his house and cars. When it started to get parabolic he quickly calculated a number that would get him enough money to cash in the rest and have enough money to retire at 43. The number was 12,xxx.xx...... literally had it down to the penny.

    The number hit on a Thursday AM and he pushed the button. All the money got sent to his account/wallets. It took until Tuesday for his bank to confirm the receipt of the cash. He wasn’t to the local BOA branch and got the manager to certify the money was there and it was fully “his”. He walked into work late and retired on the spot (and handed his boss and his three team mates $5k in cash each as he was walking out mid project). That early afternoon he went to fidelity and set up an stock fund, that late afternoon he went to an insurance guy and bought a long term annuity with the rest he left in cash.

    Retired at 43 from BTC and Gambaling. The fucking guy is literally my hero.
    I don't know, I'm a bit worried here. 12 mil at 43?
    Let's hope his luck continues

     
    Comments
      
      Daly: That was the price he sold at. He’s debt free and he cleared 3.5-4M is my understanding.
    Nothing is more obvious today than the single inability of capital and private enterprise to take care of themselves unaided by the state; they are all the while besieging legislatures for relief from their own incompetency, and "pleading the baby act" through a trained body of lawyers and lobbyists.

    Lester Frank Ward

    "When people see some things as good, other things become bad"
    Lao Tzu

    Asked if he had every prayedAnthony Hitchens replied
    "once, for a hardon"


  7. #6307
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    Name:  47578224_1791794234262308_3456879972365369344_n.jpg
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      Sheesfaced: Lol
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  8. #6308
    Diamond big dick's Avatar
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    I bought the brown one with the extra large hole for my big stupid fucking head.


    WRECKED


    come at me
    i take my medicine when i gotta

  9. #6309
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    you dared to dream.


    granted, it was an expensive dream.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  10. #6310
    Diamond big dick's Avatar
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    took a shot and lost

  11. #6311
    How are sports books not imploding? Or other businesses who deal in bitcoins but have to pay out in USD?

    Unless they are hedging or constantly converting or just raking in enough money to cover it (sportsbooks?) how are they eating losses when it’s falling so quick?

    The government sure as shit isn’t bailing out shady bitcoin businesses who haven’t been paying taxes.

  12. #6312
    Quote Originally Posted by simpdog View Post
    How are sports books not imploding? Or other businesses who deal in bitcoins but have to pay out in USD?

    Unless they are hedging or constantly converting or just raking in enough money to cover it (sportsbooks?) how are they eating losses when it’s falling so quick?

    The government sure as shit isn’t bailing out shady bitcoin businesses who haven’t been paying taxes.
    Correct me if I'm wrong:

    Two types of sportsbooks that accept Bitcoin...

    1.) Bitcoin only. You deposit in Bitcoin, make the bets in bitcoin, withdraw in bitcoin.
    2.) Bitcoin for deposit/withdrawal only. Here you make your deposit in BTC, but it gets converted to/from USD (or other fiat currency) at that prevailing rate when the sportsbook receives your deposit/processes your withdrawal. Bitcoin is only ever used to send and receive funds, but all betting and funds that are parked on the sportsbook are in fiat currency.
    Last edited by Forum Wars; 12-06-2018 at 10:07 PM.

  13. #6313
    Canadrunk limitles's Avatar
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    Quote Originally Posted by simpdog View Post
    How are sports books not imploding? Or other businesses who deal in bitcoins but have to pay out in USD?

    Unless they are hedging or constantly converting or just raking in enough money to cover it (sportsbooks?) how are they eating losses when it’s falling so quick?

    The government sure as shit isn’t bailing out shady bitcoin businesses who haven’t been paying taxes.
    This sounds insane but I was listening (text to voice) to a Bloomberg Bitcoin story when the automated voice mentioned certain tech companies were laying employees off blah, blah, blah and hand to god I heard Spankbank was forced to cut it's workforce by something or other per cent.
    Nothing is more obvious today than the single inability of capital and private enterprise to take care of themselves unaided by the state; they are all the while besieging legislatures for relief from their own incompetency, and "pleading the baby act" through a trained body of lawyers and lobbyists.

    Lester Frank Ward

    "When people see some things as good, other things become bad"
    Lao Tzu

    Asked if he had every prayedAnthony Hitchens replied
    "once, for a hardon"


  14. #6314

  15. #6315
    Quote Originally Posted by simpdog View Post
    How are sports books not imploding? Or other businesses who deal in bitcoins but have to pay out in USD?

    Unless they are hedging or constantly converting or just raking in enough money to cover it (sportsbooks?) how are they eating losses when it’s falling so quick?

    The government sure as shit isn’t bailing out shady bitcoin businesses who haven’t been paying taxes.
    We have forgotten the role of payment processors. Third parties who accept your payment and deliver the cash to the book for a fee.

    Some books MIGHT be doing payment processing in house but I doubt it.

    I guarantee these processors never held BTC over night. Off it went to the exchanges.

    More money was made and stolen by processors than most online poker sites ever made.

    I have always been fascinated by the processors and the ridiculous cash they generated.

    What if Druff knew a Full Tilt & PokerStars payment processor who could offer some insight? Someone who Druff alledged listened to the show.

    Chad Elie. Still THE best PFA poker related show ever done.

    My first glimpse into Druff’s quirky bag of emotional tics was his “shyness” about calling guests with gravitas to do the show. I mean serious people - not the damaged 23 year old female poker players or other misfits that found air time.

    So if you have forgotten about the beautiful world of payment processing you can thank Druff.

     
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      MumblesBadly: That show

  16. #6316
    Master of Props Daly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by simpdog View Post
    How are sports books not imploding? Or other businesses who deal in bitcoins but have to pay out in USD?

    Unless they are hedging or constantly converting or just raking in enough money to cover it (sportsbooks?) how are they eating losses when it’s falling so quick?

    The government sure as shit isn’t bailing out shady bitcoin businesses who haven’t been paying taxes.
    We have forgotten the role of payment processors. Third parties who accept your payment and deliver the cash to the book for a fee.

    Some books MIGHT be doing payment processing in house but I doubt it.

    I guarantee these processors never held BTC over night. Off it went to the exchanges.

    More money was made and stolen by processors than most online poker sites ever made.

    I have always been fascinated by the processors and the ridiculous cash they generated.

    What if Druff knew a Full Tilt & PokerStars payment processor who could offer some insight? Someone who Druff alledged listened to the show.

    Chad Elie. Still THE best PFA poker related show ever done.

    My first glimpse into Druff’s quirky bag of emotional tics was his “shyness” about calling guests with gravitas to do the show. I mean serious people - not the damaged 23 year old female poker players or other misfits that found air time.

    So if you have forgotten about the beautiful world of payment processing you can thank Druff.
    If you belive in such nonsense the only time Jesus turned to violence was to beat the money changers out of the temple.

     
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      Tellafriend: Always the Jews

  17. #6317
    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Sanlmar View Post

    We have forgotten the role of payment processors. Third parties who accept your payment and deliver the cash to the book for a fee.

    Some books MIGHT be doing payment processing in house but I doubt it.

    I guarantee these processors never held BTC over night. Off it went to the exchanges.

    More money was made and stolen by processors than most online poker sites ever made.

    I have always been fascinated by the processors and the ridiculous cash they generated.

    What if Druff knew a Full Tilt & PokerStars payment processor who could offer some insight? Someone who Druff alledged listened to the show.

    Chad Elie. Still THE best PFA poker related show ever done.

    My first glimpse into Druff’s quirky bag of emotional tics was his “shyness” about calling guests with gravitas to do the show. I mean serious people - not the damaged 23 year old female poker players or other misfits that found air time.

    So if you have forgotten about the beautiful world of payment processing you can thank Druff.
    If you belive in such nonsense the only time Jesus turned to violence was to beat the money changers out of the temple.
    Which leg of my nonsense parlay was your favorite?

    What you talkin about Willis? The scale of the processor earnings (theft)? Merge, for instance, NEVER approached Tzvetkoff money.

  18. #6318
    Quote Originally Posted by big dick View Post
    I bought the brown one with the extra large hole for my big stupid fucking head.


    WRECKED


    come at me
    i take my medicine when i gotta

    So it's safe to say NONE of your kids are going to college.......lol.......
    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

  19. #6319
    Owner Dan Druff's Avatar
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    Today is the day of reckoning for Bitcoin Cash ABC.

    It has fallen behind Bitcoin Cash SV.

    Crown Calvin Ayre the winner once again.

  20. #6320
    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by Daly View Post

    If you belive in such nonsense the only time Jesus turned to violence was to beat the money changers out of the temple.
    Which leg of my nonsense parlay was your favorite?

    What you talkin about Willis? The scale of the processor earnings (theft)? Merge, for instance, NEVER approached Tzvetkoff money.
    The nonsense he’s referring to is about Jesus.

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