Scientific racism

"The term scientific racism is generally used pejoratively as applied to more modern theories, as in The Bell Curve (1994).
Critics argue that such works postulate racist conclusions unsupported by available evidence such as a connection between race and intelligence."

That's wrong, sorry.
"Racism is the belief in the superiority of one race over another"

Nobody claimed that.

If you can't tell the difference, you either are not skilled enough in a language which obviously isn't your native tongue, or you lack the intellectual depth to analyze such a simple paragraph. In both cases, I can't see what good can come to you from a public discussion on an internet forum.

Where you're from is irrelevant; this is the internet. That isn't an insult. "You're lack of knowledge" doesn't mean that the person being addressed is an idiot, just that thry aren't knowledgable in the subject at hand.

I do admit I might have exaggerated there a tiny little bit.
Between you and me, I'm pretty excited about Lightning and the possibilities it will bring.

Yet I do know that most clients have hardly reached beta status right now, and it can take a decent while before anything is ready for release, even then, LN won't have its full impact rigth from the beginning.
On the other hand, the eclair testnet version seemed very promising when I had tested it a while back.

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There's been two updates to improve the overall user experience with bitcoin withdrawals.

First: Withdrawal fees are now based on 500 byte transaction size instead of 1000 byte transaction size, meaning effectively a 50% cut in costs for users compared to the previous system.
This goes in line with current average transaction sizes (reference: https://tradeblock.com/bitcoin/historical/1d-f-tsize_per_avg-01101), which range between 450 and 600 byte.
As a result, fees charged by the site should much better represent fees paid for transactions.

Second: The blogpost was updated with a better explanation of how the withdrawal fees a user pays and the transaction fees the site pays are corelated.
This should help to avoid any misunderstandings about how much fees a user is charged. You can take a look at it here: http://blog.crypto-games.net/2017/02/withdrawals-q.html

Example: I was charged 0.0005 BTC fees for my withdrawal, but the bitcoin transaction sent used a lower fee, why does this happen?
The withdrawal fee charged to a user issuing a withdrawal is the fee for a transaction with the size of 500 bytes (which is the current median transaction size according to tradeblock), in this exemplary case, 0.0005 BTC. The actual transaction sent uses a per kB fee that’s twice the size of your charged withdrawal fee (in this example, 0.0005 BTC are charged, and 0.001 BTC per kB are used). However, if the transaction is smaller than the average, the total fee will be lower accordingly. Likewise, if the transaction is bigger than the average, the total fee will be higher accordingly. In either case, the fee charged to the user will be the same, 0.0005 BTC, as it’s not possible to estimate the size a withdrawal transaction will have before the withdrawal is requested. In any way, the fee you are being charged is always the fee that is shown on the slider (“withdrawal fee”), where you select the fees, and the amount you receive is always the amount shown in the withdrawal popup (“Withdrawal amount after fees”).

Unchanged, but notably mentions:

The withdrawal fee charged to a user was always and will always be the one shown above the slider ("withdrawal fee"), whatever you set the slider to will be what you will pay for your withdrawal.
In no case will a user be charged more than what they set the slider on.

The amount sent in a withdrawal was always and will always be the one shown on the bottom right of the withdrawal window ("withdrawal amount after fees").
In no case will a user receive less than what they are shown in this area.


Let me know if you have any further questions about the way withdrawals and fees are handled.

Actually that 50K sat fee is the standard fee so that transaction will not be taken too long, And this is fair enough I guess because if the withdrawal process becomes slow, I'm sure that they will receive some bad feedback regarding that matter just like what happened on cloudbet and some gambling site that has a slow withdrawal. I wonder why FJ can do a withdrawal process without transaction fee?  

DUDE  you are not making your case any better! look at your replies and situation from a outside perspective and you will see your only making things worst for yourself and your project....
you keep saying you have your coin pegged at 200 sat but it is only 25% of that on the exchange... you keep saying things but they are not what you should be saying or doing to correct this issue!
and yes in good faith i replied to your PM informing me that i may be interested in some of your bounties immediately and with the RPI wallet already made... that shows GOOD FAITH!
last week you said you would pay "LAST WEEK" nothing happened and still until now your simply playing some bullshit game that is making you look really bad!

I'm sorry, but I think you're missing the point. It's less about the fact that the site is charging higher transaction fees. It's more about, based on reading the FAQ/blog, most players/investors will assume the slider gives full control of the actual fee paid, and that it's totally dependent on network conditions, with crypto-games taking no cut, but that's simply not the case.

Reading below (From blog):
Example: I paid 0.0008 BTC for withdrawal fees, but blockchain shows it was paid less, why?
In this example we paid 0.0008 BTC fees per one kB. It is not possible for us to give good estimates, or an estimate at all, of how large your transaction will be. When a transactions size is lesser than a kB, the transaction fee is lower than 0.0008 BTC accordingly. Same goes to different amounts.

I can't help believe this is cleverly worded. It could mean:
1) The transaction fee sent to the blockchain is lower than 0.0008 (which means nothing to the user, and is irrelevant)
2) The transaction fee charged by crypto-games to the user is less than 0.0008 (this is what actually user thought should happen based on that wording, but doesn't).
This is a CLEVER way to charge users more without them knowing it!

I think I've made my point. No transaction fee size is 1kb, therefore your fees are significantly higher than other sites, well to be exact, over 10 times higher than Yolodice for lower fee per kb, therefore I'm going to have to agree with jpcfan. Being 10 times higher (although not ideal, but a separate topic) is not a problem in itself (ie you have other benefits like lower investment commission), it's hiding this fee in a confused fee/kb scenario that is a problem --> Most users wont think they are charged higher fees but are shocked when they see the txid.

Now I see two potential replies to this post. 1) I'm wrong (and telling me why) and I shouldn't bother to play on the site anymore coz you don't care, or 2) You've listened to me and take my point and may possibly look at the situation. I hope it's 2) but I think it will be 1)

Hi Lutpin, I must say again I'm a little disappointed  with the fact that the fee system for withdrawals is not, to me totally transparent. This might not matter to the majority of gamblers, but for smaller investors like me, it makes a difference, and is an issue.

You said earlier that the transaction fee slider is in the units BTC / Kb. (i.e. based on the size of the transaction).

I just withdrew 0.5747133 BTC. I selected the transaction fee slider to 0.00156000 BTC, expecting that the total balance (i.e. 0.5747133) will be sent, MINUS a transaction fee per kb, OF 0.00156BTC/kb. (so for example if transaction size is 300 bytes, I'd have expected to be sent 0.5747133 - 0.00156/1024*300 = 0.574256269.

Now what's actually happened was TWO things:
https://blockchain.info/tx/f92697229a778f6d7884cd9cd4dbc63ca0f84ea59322a33ae781125b9d36b010

1) Only 0.57315332 BTC was sent, therefore 0.00156 (approx $11.70 USD) was taken a SEPARATE FEE to Crypto-games.
2) A transaction fee per kb of 0.00156BTC / KB was used to send the transaction in 1) to the blockchain.

Therefore the ACTUAL fee assumed a transaction size of 1KB (and applied that fee to me, on that basis), even though the ACTUAL transaction size was only 224 Bytes, therefore I paid a significantly larger fee than I thought I would.

I know you might attack me and say I'm wrong. I like the site, and the ability to invest, I just don't know why the fee system isn't clearer and also cheaper. From the link, I expected to pay 0.00034944 BTC (Which was the actual transaction charge for putting it on the blockchain, not 0.00156).

Additionally, I have other investments in other coins but have no idea how fees work for them. For example, the slider can't all be based on fee per kb because ETH has a different system (uses gas). Are you able to make it clearer to everyone on how fees work?

The spreadsheet is updated with how many tokens each user gets. Distribution should happen soon.