They dont spend everything on the fee. Some days ago I paid 0.0003 fee and they sent it with 0.00014.
This is weird. I'm using this platform for more than three years, But never have seen such kind of weird things. They shouldn't pay our fees, there is no need of this but I think that fees shouldn't change everyday, maybe weekly updates can be a good choice.
Other casinos pay the transaction fees for their players. For example FortuneJack and Sportsbet. I never paid a cent when withdrawing from those platforms. If players are charged with paying the network fees, they should at least be given a chance to adjust the fee rate how they see fit so they don't end up overpaying. If they will give an option to set fees manually, I don't think it will be very fruitful, Because of giving low fees a certain of people will start appearing here with their tx confirmation issues. This is good that FJ and sportsbet are bearing our TX fees by their own will, But since Stake is not offering this facility, then I think it would be better to give an option to swap our funds to Altcoin. It will make our transactions faster as well less our fees a lot. On the other hand, the minimum withdrawal requirement for BTC and ETH is respectively 0.001BTC≈$38 & 0.02ETH≈$30, So, to withdraw a lower amount of funds swap option would be more fruitful. Yes, it's good that they cover the withdraw fees. As far as I know FJ askes you to at least 2x wager your deposit amount (that's bad) but idk what happens in case of sportsbet. Btw that's great for users when they don't have to pay for withdraw fees. I think it will be good if casinos implement something like withdraw fee cover on certain levels (many casinos have different levels according to wagered amount). But again, paying withdraw fees of users is just the kind wish from these casinos, it's not their right. And if we set manual fees, users will be able to decide how much they are willing to pay for withdrawals but they should be informed because average person more likely doesn't knows what is satoshies per byte. He must be provided with statistics like bitcoinfees.earn.com offers to people. |
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That's why I asked what to do and if you trade with 5% of your total holdings, even if you have high capital, it will be just a waste of time and playing for nothing.
Lol not really. It's only a waste of time if you don't make enough money trading to pay for the transaction fees. Wanted to transfer 0.7 Bitcoin and electrum wallet was warning me that the recommended fee would be higher than 5.7% of the initial amount. I guess 5% of 0.7 bitcoin isn't small and it's a pretty good profit in USD if we consider the amount. I think it's illogical to pay that much fees and some exchanges somehow don't accept SegWit transfers (that's another embarrassment). The idea of this thread is not to push people to leave their funds on exchanges. I just want to find the "Golden Ratio" (sweet spot). YogeeAtomic swap sounds well, I'll have a look at it, thanks. |
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I like the ambitions that Elon Musk has and the charisma that he carries but what's happening right now is very bad. One man has a huge influence on everything, one word of Elon Musk can destroy or rise the things like Phoenix. Tesla invested in Bitcoins and price went from 38K up to 44K in just some hours. Yeah, if Paypal, Visa or any other company bought bitcoin that would happen too but what happens around Musk is very different.
Elon Musk says that Signal is better and everyone moves on that.
Elon Musk says that Doge is a good coin and everyone invest.
Elon Musk says that Bitcoin is a good thing and it rises.
Elon Musk's company invests in bitcoin and it rises.
What if Elon Musk said that he changed his mind and today bitcoin is bad and Ripple is better? I'm saying that just for example. People can't think themselves, they think: If Elon Musk says that something is good, then it's good.
I don't think it's a healthy behaviour from people.
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It's a never-ending war but I still hope that one day we will see the old face of this thread where people were posting about promotions and others. You should see their ToS before registering on this website. Words like sorry, I didn't know that, I'll read it in near future, etc, doesn't work there. Then FJ would also say: Please forgive us, it was a mistake from our side to cancel your bets, just forgive this time and we will never do that. It's obviously clear, right? Btw on another hand, I would love to hear why FJ requests KYC in similar cases. Do they have some doubts that bug was manually caused or what? But why didn't they request this before the forum's poll? When the user was still complaining a lot? Edit (but it doesn't answer my question about why KYC wasn't requested before Poll): 6.2. If the Company has a suspicion that You may be engaging in or have engaged in fraudulent, unlawful or improper activity including, without limitation to money laundering activities or conduct in violation of this Agreement, Your access to the Services may be terminated immediately and/or Your Account blocked and terminated, in this event the Company is under no obligation to refund You any funds that may be in Your Account. |
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It depends on a lot of things, you could make a lot of profit and also, you could even lose your capital.
Let's start:
Imagine you bought DOGE coin immediately once Elon Musk tweeted that it's the best coin to invest in. You could easily profit at least 500% of your capital, i.e. you would turn $1000 into $5000. Then, if you have bought a FUN token, you would profit 20%, i.e. you would turn $5000 into $6000. Then, if you would read a news about how Tesla invested money in bitcoins and would buy them today some hours ago at 38K USD and sell them even right now, you would profit at least 12%, i.e. your $6000 would be $6720.
But I guess you didn't do any of this. Personally, I didn't bought DOGE coin but bought fun token, got 20% profit and bought bitcoins today when price was 38K and got good profit. I wouldn't say that I am smart in trading, no, it's not a thing that I do, I just sometimes trade and when I trade, I just try to catch good moments, not every moment.
So, today was a great and lucky day for me.
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I think it's because DOGE is a based meme coin, so he's trolling for fun/joke only.
But well people is too serious about his tweet, so many peoples are take the advantages of the hype since they think Elon Musk (the richest person) is believe on DOGE.
Doge is just a joke coin and I think that Elon Musk tasted his influence on people. This man just told us that troll coin is a great choice and people quickly invested in it, i.e. this man showed himself to the world that he can make psychologically invaluable thing a valuable one. Doge had an 800% rise in price very quickly, that's a shame. This clearly shows that people follow others blindly. I love the fact that Doge had rise in price and even Bitcoin had a rise today after Tesla invested in Bitcoin but at the same time it's a very sad fact. Imagine, if satoshi would create fake account and say on bitcointalk that Doge is a great coin, everyone would ignore it, even if it was backed by very strong arguemnts. |
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There is no way you can predict them. Today, I thought that bitcoin would reach 45K because it crossed 44K barrier but it went down. Logically, since it went up to 44K, people should hope for further rise and their actions should cause this but what happened is following: People started panic selling in low price because they thought: Oh, 44K is high, let's make some profit. I believe we will reach 45K soon but it needs some time, it doesn't happen automatically after reaching certain level. And if it reaches 60K, it doesn't mean that people's mindset will change and 100K will be guaranteed (or even higher). People sell when they make a good profit.
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Ok just came here about the confirmation that they really do increase the btc withdrawal fees. Because before it was 10k sats, which actually was beneficial to a lot of players. They only recently changed it to 30k sats. I think it is already high time that they increased it to 30k sats. A lot of casinos have increased their fees a long time ago. Stake is just recently.
Well, they had to do 30k because at the end of the day we all seen the transaction fee's going super high and that is a proof how stake needed to change as well. What do you expect stake to do, just pay from their own pockets when you want to withdraw? They shouldn't pay our fees, there is no need of this but I think that fees shouldn't change everyday, maybe weekly updates can be a good choice. It's uncomfortable player when he sees that yesterday he could to withdraw via 10K satoshi and now he needs 30K. As a result, this may lead players to use the best chance to withdraw ASAP. Maybe I am mistaken but I think so... I checked the site few days back (a week ago IIRC) when they were charging 0.0001 btc in fee for withdrawal, it changed to 0.0003 btc 3 days ago and is 0.0002 btc right now. Is there a dynamic structure in place which changes the fee according to the price of btc or is it based on the minimum that is required to get included in a block soon?
They manually set the fees, it's not an automated process. Seems they try to follow the network and act according to it. Personally, I think that there should be fixed A: Low, Medium and high fees and users will choose how quickly they want to withdraw or B - Set satoshi/bytes fees manually. |
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It seems this thread turns out to be a discussion just for scammed users, I certainly give +1 to 1xbit for holding on like this, as if it were the others they'll just surely leave this forum a long time ago LoL.
And I'm a bit curious on how many cases have they've been solve up to this time... 🤔
This is the ANN thread that they may want to leave as it is, otherwise, they have left the forum. No one cares from their side what happens on bitcointalk and they haven't had any promotion for bitcointalk users recently, so, we can say that they left this forum. They have not solved one case! I'm pretty sure of that.
The very nature of this 1xBit account makes me doubt, that it is there to solve any problems.
Much more likely to further shill 1xBitScam.com.
They solved some cases when they were on this forum but there were so many cases opened frequently because of their scams, one day they left, they just ignored everything. But the most curious thing is that when you type 1xbit in google, you'll see a bunch of scam URLs like: 1xbit.icu, crypto1xbit.com, partners1xbit.com and others (Well, original 1xbit.com URL is a scam too, it's like a scam of scam). |
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Eventually they all realize that they can not fight bitcoin, the adoption is happening whether they keep spreading FUD about it or not and the market is already being taken over by other companies (such as Coinbase) that are making a ton of money from the traders with millions of dollars daily volumes on average.
At the end they would want a piece of this market so that they can make money themselves instead of letting the "fees" go in pocket of another business.
Even though this was expected long before any of them changed direction but you are right that it is weird that nobody has been talking about it (which is a bigger news) when they blew PayPal news out of proportions!
Yeah, they realized that fight is useless but instead of fight, to my mind they decided to become a part of it and absorb it. Crypto doesn't need visa/master card or PayPal and in reality it was created in order to get rid of 3rd party services but seems they need it in order to get more profit. I would say that these giants see how Binance, Coinbase and others are growing and taking a lot of profit so why not to takeover them? And current exchanges that I mentioned, are nothing compared to VISA, Mastercard. This is just a monopoly, these giants won't let others to shine and they have all the resources for it. |
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It's not that you shouldn't be using exchanges per se, it's just that you shouldn't leave your entire holdings on exchanges(which surprisingly a lot of people still do). If you trade with like 5% of your total holdings, then only leave that 5% on exchanges. And just withdraw the funds when you plan on stopping trading for a while and such.
No one knows when exchange will be hacked, even if you risk and leave funds on exchange for some hours, there is a chance that it will be hacked and your funds will be stolen. And if you deposit/withdraw money on each trade, I hugely doubt you'll get any profit because nowadays there are a huge fees on transaction and everytime I opened my Electrum wallet, it was always warning me that fee was very high. Paying 5% of your initial capital in bitcoin transaction fees can't bring you a profit in trading. That's why I asked what to do and if you trade with 5% of your total holdings, even if you have high capital, it will be just a waste of time and playing for nothing. |
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. The begining was the time when this coin should increase, even a little bit in value but it hugely lost value today.
FUN Token is not a new token and it was launched in 2017 so there are already several bag holder for this token even before freebitco.in started to integrate with FUN. Some of those previous bag holder will be selling their stash after the price increase because of the hype so its kinda normal though. Although btc price increase play a major role on this but I'd say some people are probably selling their stash Its over 200% price increase for FUN in the last 30 days so yeah Thank you, I didn't really didn't know that. Now I understand everything, seems I didn't read the news carefully on freebitco. That's why there was a massive rise in price since freebitco announced that but at the same time I didn't thought that the price of the coin would fall because of aggressive marketing from freebitco's side. But seems old holders used this chance and just get rid of fun tokens in high price. I think that we will see another rise in march when the premium program goes live. Also, seems bitcoin's price is a little bit moving down, I hope people will move from BTC to FUN at some point and we will see rise of it. |
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Not your keys - not your coins, that's 100% true but for some people, I would say: Even your keys - not your coins.
Okay, woud love to hear opinion about this from the community members.
As we know and from every logic, we shouldn't trust web wallets and also exchanges. There were a lot of accidents when exchanges were hacked and people lost their coins. Some may say - don't keep your coins at exchanges for a long time but I would say that everything happens in seconds, maybe you had access on your coins at exchanges while you were replying to this thread but once you submitted the post, exchange got hacked and coins were lost, everything happens in seconds, otherwise loss wouldn't occur.
So, how do you trade in these cases? Only p2p exchanges? But it's not flexible and you may miss a good time frames where you could profit 1-2% of your balance.
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Don't they wannta taste truth serum on him? They invented so much medicines back in world war 2, I guess they should have some truth serums among perviton and other things to catch spys and get the truth from them. Before going into debates, don't call me a scifi person and truth serum isn't a fake thing. The idea behind this is to A, make a person so high and careless that he/she won't be able to hide the truth easily or B, it suppresses the higher cortical functions.
Btw this is the biggest positive side of bitcoin and I was always saying that. If something happens, not this case but for example - you are unable to fully cover the lone from bank or etc, they can easily block your account and take all the money. In case of bitcoin, you are the bank, the untouchable owner.
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this risk involved in such investments, purchases, and holdings will not be lost. This site also does not guarantee that we will earn or lose in the program we entered. Let's just imagine that there is a reward for joining their program. The benefits available, of course, if you want to have a higher percentage you also need the higher purchase. So, before entering, be prepared and know the possible consequences. Its success also depends on yourself how you handle it.
I think the point of this is not to buy fun and hold it and sell later for bigger amount, it is not an investment towards fun, it is an investment towards freebitco.in itself instead. Definitely we are not in a situation where fun is cheap and we do not spend anything on it, we still spend some money on FUN but the reality is that you get so much in return for it, which means if you have the money for it and buy FUN token at the most amount you could possibly afford, and you end up with the best returns from freebitco.in thanks to that? You could simply work 12 hours a day everyday for a year and may end up earning enough to live with it. That is the point here, you basically spend a bit first but then you get it back and then some. Think about it this way, it increases even your investment rate and if you invest a ton of money you could make it back within under a month. It is really good if you will use it, not so much needed if you are not active around here. It's very bad that there is a significant lose in FUN's price after launching the massive signature campaign on this forum and not only on this forum, I guess they started massive marketing around this project. The begining was the time when this coin should increase, even a little bit in value but it hugely lost value today. Bitcoin went very high, so I think people who invested in FUN token may sell it and hold bitcoin but once the bubble bursts, they may move on FUN. Let's wait and see what will happen, I still think that FUN can be the best recent investment choice, do not panic. |
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So, if you are in a campaign for a casino or if you are one of the ChipMixer people, do you keep your payouts sequestered a bit from coins you may want to convert to fiat one day?
You can mix them via ChipMixer  I'm a life-long (forum / bitcoin involvement "life" that is) Coinbase user - registered on the site back when there weren't many options and yes, they snitch on me to the IRS but I've been doing all my fiat-to-BTC stuff in Coinbase and reporting everything on my tax returns so whatever. I doubt any other fiat exchange for US customers would be much better and I certainly don't want to KYC anywhere again. Anyway, I've sent all sorts of shit to Coinbase over the years and they never said anything to me. Mostly it was mined coins though, clean as a whistle. But since about 2-3 years ago everything that was not mined I started putting through JoinMarket just in case. Not sure if that helps or makes me look even more suspicious. A little bit off-topic but do you really pay taxes when you receive bitcoins (equivalent in dollars) or when you trade? What if you don't, do they really track it? I ask this because I know some people who live in USA and don't pay taxes in such cases, never had a problems. Btw it's very unfair that you have to pay taxes on almost everything in the USA. You received money - it's taxed. You exchanged money - you pay fees. You bought something at the suparmarket - it's taxed. In reality, highest percentage of our salary is taxed, more than what we use. Btw it's good if you hadn't a problem with coinbase. I don't really understand why they don't like money from gambling or etc. What if someone has to send me some money and that person sends funds from gambling sources without warning me? |
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Can anyone clarify the things about daily interest? What do they mean in 25% daily interest on 500 000 fun token for 12 months? They'll pay daily the yearly 25 percentage of 500 000 FUN token, yeah? And can we withdraw earned interest anytime?
I think this will be the coin that will shine and bring a good profit. At the moment, I think that it's great for daily trading, price easily goes up and down and with some patience, you can make good profit everyday but supporters may hold it for long term and wait for the launch moment.
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I had a similar accident on the Amazon Prime Gift membership. My account got locked the day I was expecting the shipping from the seller. They told me that I would never be able to use Amazon's website, my address and everything accosiated with me was banned. I explained them the situation, at first they didn't take care of it but after a lot of attempts, they seriously took my case and finally I am freely using my Amazon account.
Their customer supports are great, always message you on time. You should try active communication with them. If I remember correctly, you can still reach them in live chat but more serious conversations goes via email.
When my account was locked, I still had access on some features, I was even able to see the item that I ordered but every functionality dissappeared time to time in some login.
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What are your thoughts about this?
This case is not something revolutionary and new, a few years ago we could read similar news that some companies allow their workers to get part of the salary in BTC. At the end of 2017, a Japanese company announced that it would give the possibility of paying salaries to its employees in BTC. Of course, there is always a problem with the price of BTC, which is very volatile, so every employee can find himself in an awkward situation when BTC loses, say, 20% or more of its value overnight - but again, it can profit if the opposite happens. Since this is a free will, there is nothing wrong with it. I think employee should realize what he wants to do with his funds and think twice why he wants to receive funds in bitcoin and how he is going to manage those funds. For example, if someone has Crypto.com's card or Coinbase or others, they can receive their salary in those accounts, spend crypto without high fees and get rewards for spending. I think this is very nice. Btw this is a great news. You know, one action is always followed by another and this kind of step is a signal that in near future adoption will dramatically increase. |
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As shared by LEVSKI7, I am not the only one who isn't comfortable with sharing KYC and personal information with a gambling site from overseas, and this is really not such an intense case that should require me to submit KYC. Most members agree with me on this as well. Most of us here aren't comfortable with sharing our information, not only overseas but just overall. Personally, I don't like when they ask: Hey bro, give me your KYC and I'll decide later what to do. But... (Continue in the second answer) As I said, it was my mistake for not reading this section about potentially needing to submit KYC to withdraw funds - I apologize for not reading this section and not being aware of this initially, so I kindly ask FortuneJack to cooperate with me on this without the need to overcomplicate it or pressure me to share my personal information (which to me is extremely important & confidential). It doesn't matter here. If their TOS is created according to protecting every standard and it was included in their TOS to include your KYC in such cases, then they are right. There was a mistake from their side in your case and the community helped you, changed the whole situation, now you won't be forgiven too for your mistakes, that will be just unfair.It's not a street market to deal with random things. Everything is up to you guys, hope you'll have a smooth conversation and agreement. |
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