Fees!!!

[Ayers]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

No.

they don't care i think but i know for sure that these service like exchange and casino have special deals with miners and they can have fast confirmations with very low fee -snip-

No, they don't make special deals with miners  

then how you explain that bittrex have 20k satoshi fee all the times, when i withdrawal my coins from them? 20k satoshi is way below the average and shoudl remain stuck forever instead i always get my coins very fast from them, the only explanation is that they are miners themselves, or they do the same thign as viabitcoin the accelerator

[ralle14]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

The answer is already obvious, if the price drop of bitcoin bothers you so much just gamble in fiat. Most casino that I gamble on doesn't charge you for your miner fees but they always seem to put enough fees from 200 to 300 satoshi per byte.

then how you explain that bittrex have 20k satoshi fee all the times, when i withdrawal my coins from them? 20k satoshi is way below the average and shoudl remain stuck forever instead i always get my coins very fast from them, the only explanation is that they are miners themselves, or they do the same thign as viabitcoin the accelerator

Maybe you're just lucky with the confirmations or during that time the network isn't busy as usual.

[maxpowerzz92]

If bitcoins are to be a store of value, then casinos and merchants need to adjust for the changing times and consider using alternatives instead.

It shouldn't be that difficult to add a couple more coins, but the development costs need to be eaten somewhere.  Only when more gaming sites starting using other coins, and they start to lose marketshare will some of these bitcoin-only sites begin to change.

[Slark]

If bitcoins are to be a store of value, then casinos and merchants need to adjust for the changing times and consider using alternatives instead.

It shouldn't be that difficult to add a couple more coins, but the development costs need to be eaten somewhere.  Only when more gaming sites starting using other coins, and they start to lose marketshare will some of these bitcoin-only sites begin to change.

If bitcoin won't be used and accepted by business, services and merchants it will lose its merit and not longer will be treated as good store of value asset.
Using altcoins won't solve bitcoin's problem - it will create even more complicated situaiton with no main coin used by every service.

We have reached Bitcoin Scalability Consensus. More than 80% the miners, have agreed to SegWit + a 2MB maxblocksize hardfork.
So just stick to the bitcoin, buy more coins, it will be upgraded and retain the top position as king of crypto.

[hatshepsut93]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

No they shouldn't, unless they have guaranteed you your value in USD at the moment of the win of something, but no one is doing it. You are holding bitcoins at your own risk, and if you are so afraid of crashes, you should keep you coins on exchange (a bit risky, considering hacks and other stuff that was happening in the past) and set a stop-loss order, otherwise it can drop even faster than the faster transcation, or more likely just while you are not watching.

[swogerino]

No one can predict the bitcoin price even for the very near term feature, like 30 minutes from now if it will grow or if it will fall. The casinos do not know this either so they cannot be held responsible for that. Bitcoin price crashes or huge runs means nothing to a gambler or person who is interested in bitcoin. As long as the casino pays the amount requested from the player in bitcoin everything is fine. These casinos unfortunately are becoming less and less each day, the ones who are trusted.

[serjent05]

Once you use a Casino, you agree with its terms and condition.  Definitely we cannot held Casino sites responsible of the delay of the confirmation of the withdrawal transaction.  But of course Casino sites will take care of that.  They do not want to look bad in front of their client and possible client with just some satoshi savings.  They will definitely make sure that all is in place including fees for faster transaction.

[ethereumhunter]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

i think the casino will thinking to using the minimal fees that they can used to send the amount of bitcoin that the members want. maybe they will used the same amount for all members and for the confirming that maybe getting slow, its not the casino responsibilites but its about blockchain to confirmed the transaction. i think the casino will do the best for their members to send the fast as they can to the members wallet.

[ufaiz50]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

I think it's not their responsibility and I also think every casino wants to give good service to users. maybe it's just not your luck at cashout and at the same time bitcoin price drops eventhough that possibility is rare happend.

[BossMacko]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

If ever that happens casino shouldn't be blame even if you chose the highest fee for fast confirmation. Because of the price of Bitcoin the amount of users who gets unconfirmed transactions are getting many and you can't blame that in the casino. In case you cashout and you received your Bitcoin for too long and you feel that you loss because the price of Bitcoin drops then you just need to hold that Bitcoin and wait for the price to rise again. We can't control the blockchain, it is responsible in all of our transactions.

[mirakal]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

As long as it is still int he policy casinos has no accountability on that, most casinos will let you choose why type of fee you like and as a gambler we will choose a faster one which is more expensive. The only casino I knew that has no fee is FortuneJack.com that's why I love to pay in this site.

[kpcian]

It's simplest thing. Service charge should be everywhere,  when you open a business then you have to earn profit, in casino, poker or any kind of service sector must earn service charge as profit. Some of the casino can't accept such type of charge. But it's the fundamental money you during transaction of money.

[chris200x9]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

As long as it is still int he policy casinos has no accountability on that, most casinos will let you choose why type of fee you like and as a gambler we will choose a faster one which is more expensive. The only casino I knew that has no fee is FortuneJack.com that's why I love to pay in this site.

Yes, as of now only FJ site don't ask any fee from the players to withdraw money. But most of the other reputed sites will allow players to chose the fee for withdrawal. But sometimes even with highest fee pay for the withdrawal still we need to wait for many hours to receive withdrawals. It is not a gambling site issue but blockchain traffic issue.

[Vaskiy]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

As long as it is still int he policy casinos has no accountability on that, most casinos will let you choose why type of fee you like and as a gambler we will choose a faster one which is more expensive. The only casino I knew that has no fee is FortuneJack.com that's why I love to pay in this site.

Yes, as of now only FJ site don't ask any fee from the players to withdraw money. But most of the other reputed sites will allow players to chose the fee for withdrawal. But sometimes even with highest fee pay for the withdrawal still we need to wait for many hours to receive withdrawals. It is not a gambling site issue but blockchain traffic issue.

The same is not available with betcoin.ag, whether the price increase or decrease they won't be charging the users a transaction fee for withdrawal. This might be the case with the new gambling websites that are new to the gambling service.

[avatar_kiyoshi]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

Casino haven't responsibility for that, but usually they put standard fees, so the transaction speed normal, or even you can choose transaction fees speed, like crypto-games have.

[Betwrong]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

The answer is obviously no. Would you pay the difference back to casino if the price had risen? If you play with Bitcoins you should accept the rules, Bitcoin is a highly volatile currency and you never know what will be the price in the nearest couple of hours, let alone days.

[Juggy777]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

I don't think so buddy, any casino that does would be mad, they would incur heavy losses if they tried to so. Well all you need to do is be smart and play at the right casino like my signature one, pays on time, is efficient and it's trust worthy. Secondly how do you expect them to keep a track of your earnings, like you there are 1000 withdrawals, so should they check on this x withdrawal price fell let's refund them. If it were so will every time btc price rose after they paid should they seek refund. So no forget it and move on.

[dunfida]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

The answer is obviously no. Would you pay the difference back to casino if the price had risen? If you play with Bitcoins you should accept the rules, Bitcoin is a highly volatile currency and you never know what will be the price in the nearest couple of hours, let alone days.

They wont really patch up or give you additional because they know the volatility of bitcoin and so are you. If you don't like this stuff then go back on local fiat gambling on which all are on stable basis. This is the risk on playing and receiving bitcoin as a profits because price or amount might decrease or increase.Thats the only two ways on where your money would go.

[joebrook]

I think it's the duty of the casino to make sure that you get your money as quickly as possible, you bore the cost of paying high
Fees for a faster confirmation so likewise they should do the same.

[Oilacris]

I think it's the duty of the casino to make sure that you get your money as quickly as possible, you bore the cost of paying high
Fees for a faster confirmation so likewise they should do the same.

No they wont do such thing because they would really lose big portion of their profits if they do set this kind of procedure on paying up huge fees just to make faster transactions. They might always claim to have instant deposits or withdrawals but it cant be undone because of the network problems we are experiencing as of now and they wont really risk up their profits just to grant their players demands/suggestions.