1. Welcome to the #1 Gambling Community with the best minds across the entire gambling spectrum. REGISTER NOW!
  2. Have a gambling question?

    Post it here and our gambling experts will answer it!
    Dismiss Notice
  3. Discussions in this section are assumed to be EV- as they are outside of the Advantage Play section. For EV+ discussions, please visit the Advantage Play section.
    Dismiss Notice

Sports Betting Bitcoin- Bank Transfer- Coinbase

Discussion in 'Sports Betting Forum | Sportsbook Forum' started by mfins, Sep 11, 2018.

  1. mfins

    mfins Guest

    So I bought bitcoin with the intention of transferring it to 5dimes. It was bought on coinbase and the transfer from my bank account began on 09/02 however the money was not available until today 09/10. During this time bitcoin has lost about 15% of its value. I would think since my bitcoin was not available in my coinbase wallet until today this decrease would not effect me. However, when it was available today I am down approx 15% from when I initially started the transfer. Is this normal? This seems unfair. Every time I transfer money from my bank acct to coinbase am I going to be subjected for approx 5-7 business days until the money is available to the volatility of bit coin even though I do not have have access to my funds and it does not even show in my account?
    Any help with an explanation is appreciated

    Source.
     

Share This Page