Does this fee include the bitcoin transaction fee? Because those are pretty huge. I saw a $7 transaction and won't be surprised if now there are even $10 ones. Yet they surely should not charge people additionally. Do they? Or perhaps that was the fee for withdrawing a really big sum of money?
I guess it's time for casinos to slowly dump bitcoin and use other coins, so that people feel comfortable about gambling. Dogecoin is not developing, but it's still very good for gambling, as transactions proceed really fast and cheap. Let's hope nitrogen will make a step forward and list some other coins apart from btc.
I recently id a $230 transaction and I was charged a $11 fee. I looked at the block chain and seen that there were other 4 transactions sent with mine and the total fee was around $19. So who is raping who??? Thank you! Finally someone gets it and sees whats going on! |
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XRP, LTC, OMG, GNT = $$$ in 2018
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Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.
The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll  Did you even read what you just typed? Of course Costco is wasting "so much money by accepting items." They don't sell returned items. So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well! No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense? I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time: If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item. Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate. Nitrogen needs to change their withdrawal policy or at least address the issue. |
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This is not true that "the house always wins." The house tends to beat out bad players, but not those who find value in bets.
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Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.
The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Did you even read what you just typed? Of course Costco is wasting "so much money by accepting items." They don't sell returned items. So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well! |
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Some good conversation going on in here and as always, the occasional post whoring  Bottom LineFor people who don't like to keep their BTC on exchanges, Nitrogen has now become a bad option. I don't even like keeping my coins on Kraken and Polo, so why would I sleep well at night with money on a gambling website? Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy. Hey Nitrogen I know you're reading this! Care to chime in rather than act like everything is ok? |
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All I'm saying is that if Nitrogen wants to continue to think that they are the industry leader, they need to be willing to compromise with their reputable players.
It makes no sense for me to have to win a $100 bet and give Nitrogen $20.
This is after I ALREADY paid $20 to deposit my funds! What about that factor that everyone is forgetting?
So in fact, it's costing me now $40 to make a bet at Nitrogen. They need to bite the bullet on this one as I truly think it's a bad business move.
They are making a killing and I stand by what I said that this is a slap in the face to their loyal customers.
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Do I honestly think that any company will pay my fees?
Poloniex (yes the exchange we all hate) charges $2 for Bitcoin withdrawls, or 10% of what Nitrogen charges.
Plus, there are other sportsbooks that don't charge for withdrawals.
Forget the small gamblers, Nitrogen doesn't care about them as much as the big players. And some of us have business models that won't fair well with this new policy.
I'm not calling for a boycott by any means, just a little customer support for us loyal players that would like some sort of appreciation here.
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What about customers who have been making daily withdrawals for the past 2 years? They are going to turn away loyal customers over $20.
It's just not practical and since most of your remaining post was rambling, bottom line is I can not be the only one shocked by this new policy.
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Ouch. Tough to see such a reputable sportsbook going this route.  Talk about riding this BTC wave of profit, and then sticking it to your loyal customers  I wonder how much this will tarnish their "A" rating? Time to seriously reevaluate my betting options cause my system won't work with this new policy. Come on Nitrogen- wake up and realize this is bad for business!  |
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Btctalk name ; Webetcoins
Rank ; Hero Member
Current post count ; 733
BTC Address ; 1PggNRXd6uXSvQhR8jzWLV3Bs7HneXmxbe
ETH Address(MEW preferred) ; 0x0cBa3FBe2bA4Ce98e5F90476e4476c6E0331EC9A
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I remember this shit head. His site webetcoins.com ran off with customer's money. https://bitcointalk.org/index.php?topic=391763.500Fuck this guy |
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