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Author Topic: Fees!!!  (Read 2827 times)
hatshepsut93
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June 02, 2017, 08:18:32 PM
 #121

It's really good question. Nowdays some gambling websites have old fixed transaction fee which causes problem for withdrawing of serious amount of bitcoin. So to fix this situation, you have to withdraw small amounts or you can change your gambling website. There is no another chanse or maybe contacting with support and fixing situation with him/her will be another choise.
You should try crypto-games.net  Smiley They allow you to choose how much you want to pay as transaction fee. You can choose depending on your need. They also have the "free transaction" option, the the fee is very low so get prepared to wait for few days. Other sites should implement this feature too where we can choose how much we want to pay as few.
I almost exclusively use Crypto-Games because of that feature! And I'm not just saying that because I'm a part of their signature campaign.
It feels so good to get your payment in less than 10 minutes while on other sites you're waiting for days usually.

And they implemented that feature after some users asked about it in chat on their website, if that isn't good customer service, I don't know what is.

I like Crypto-Games, but they don't have batch withdrawals like at YOLOdice or Poloniex, they are far superior to instant transactions even with flexible fees because of their cost - just 10 000 satoshi. This is possible because transcation fees depend on size, and size is determined by number of input and output addresses. Input addresses add much more size than outputs, so it's cheaper to send bitcoins from one address to multiple rather than from multiple to one. So with batch withdrawals you have to wait till enough people want to withdraw and then send it in a single transaction.
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June 02, 2017, 10:32:49 PM
 #122

Fees are not a problem for all the gambling sites I played with. All the gambling sites already made a lot of money from the winnings they gained through the house edge. Therefore, it makes no sense for any gambling sites to save on the btc transaction cost as it could destroy their reputation. Everyone will take withdrawal seriously so serious gambling site will save money on this.
Yes I agree the fees is not really a great problem for the gambling sites. But if we look at it these are the indirect expenses for the gambling sites and all the business want to reduce the expenses. The extra fees should be paid by the winners themselves to accelerate the transaction confirmations. I don’t think the gambling sites are responsible for it.

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LLec
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June 03, 2017, 06:43:59 PM
 #123

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry
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June 03, 2017, 07:58:44 PM
 #124

I think one of the reason Ethereum price on the rise was because Bitcoin were having too much unconfirmed transaction in the blockchain, and this resulted in a lot of players to use higher miner fees for their deposit and withdrawal on bitcoin casino sites, and even with the high fees, sometimes the wait for the minimum confirmation required could still take a long time. I have also been playing with ethereum deposit recently because of the faster confirmation and the lower miner fees that I have to pay  Smiley

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June 03, 2017, 08:21:55 PM
 #125

Nah, casinos won't care and they still process your withdrawals with the appropriate fee that is available during your time of withdrawal so as to avoid further confusion and hassles on both parties. Also, it is not their fault if prices dropped during your withdrawal. That is way beyond their call anyways.

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June 03, 2017, 08:23:31 PM
 #126

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry

That is too much, to pay 50% transaction fee is ridiculous! Maybe you need to think about changing your wallet, some where you can adjust sending fee. I wait for my transactions and I don't complaint much cause I always set up minimal sending fee, but there was cases where I waited more then 3-4 days, but sometimes it's fast.
Casino's don't have nothing with price of bitcoin and transactions, and I don't understand why would they be responsible if price drop while you wait for confirmation? Would anyone return money if price goes up?



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June 03, 2017, 08:30:02 PM
 #127

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry
You missed point of this discussion.
We are talking about fees in casino, not bitcoin fees in general
But yeah, i couldn't agree more, it's waste of money to send low transactions because of very high fee.
I think more and more people will start to use altcoins instead of bitcoins - low fee - fast transactions. Problem solved.
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June 03, 2017, 09:51:21 PM
 #128

Nah, casinos won't care and they still process your withdrawals with the appropriate fee that is available during your time of withdrawal so as to avoid further confusion and hassles on both parties. Also, it is not their fault if prices dropped during your withdrawal. That is way beyond their call anyways.
That’s right, Bitcoin Casino owners can do pretty much whatever it is that they want and set the transaction or betting fees at whatever price they please because they own the Casino. The people complaining about those fees may not be making as much money as them though it does count as a privilege to play in the Casino right now since there is no highly reputable decentralized Bitcoin Casino platform that is on the Internet for people to use at the moment.


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June 03, 2017, 10:27:28 PM
 #129

I think one of the reason Ethereum price on the rise was because Bitcoin were having too much unconfirmed transaction in the blockchain, and this resulted in a lot of players to use higher miner fees for their deposit and withdrawal on bitcoin casino sites, and even with the high fees, sometimes the wait for the minimum confirmation required could still take a long time. I have also been playing with ethereum deposit recently because of the faster confirmation and the lower miner fees that I have to pay  Smiley
What are the number of unconfirmed transactions total now?
I heard they were at over 200k but that was over five days ago.
There was a link to see how many there are. It was from blockchain i believe but couldn't remember the link to it all the sudden. Undecided
I think I am having an aneyrism or something thinking of all these unconfirmed now which are all costing us big time to send out even a small amount now. Embarrassed
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June 04, 2017, 01:03:45 AM
 #130

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry

Yes, bitcoins are no more attractive for smaller amount transactions instead if you want to do big amount still OK, But I suggest we need to move to alt-coins for smaller amount transactions otherwise there is no meaning to pay 20 to 40% fee for the small amounts to send. This will give an opportunity to another coin to grow bigger and currently looks like best altcoin will be ETH.
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June 04, 2017, 01:44:59 AM
 #131

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry

That is too much, to pay 50% transaction fee is ridiculous! Maybe you need to think about changing your wallet, some where you can adjust sending fee. I wait for my transactions and I don't complaint much cause I always set up minimal sending fee, but there was cases where I waited more then 3-4 days, but sometimes it's fast.
Casino's don't have nothing with price of bitcoin and transactions, and I don't understand why would they be responsible if price drop while you wait for confirmation? Would anyone return money if price goes up?

Changing a wallet won't change much, just the recommended fee..
You can send a lower fee but will it confirm?

It's true fees are going out of hand for quite some time, bitcoin has some big scaling issues

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry

Yes, bitcoins are no more attractive for smaller amount transactions instead if you want to do big amount still OK, But I suggest we need to move to alt-coins for smaller amount transactions otherwise there is no meaning to pay 20 to 40% fee for the small amounts to send. This will give an opportunity to another coin to grow bigger and currently looks like best altcoin will be ETH.

If you look at the market a year or more ago, you'll notice no alt coin can come nearly as close to bitcoin at all
Today we have many alternate cryptocurrencies that have huge market caps even comparable to bitcoin itself
It's all because of the scalebility issues, nothing else.

Looking for a signature campaign.
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June 04, 2017, 06:49:48 AM
 #132

Fees are just getting out of hand now.
I just paid over $4 on a send of just a little under $8.
This has just become intolerable now to continue to send bitcoin at this rate. Angry

Yes, bitcoins are no more attractive for smaller amount transactions instead if you want to do big amount still OK, But I suggest we need to move to alt-coins for smaller amount transactions otherwise there is no meaning to pay 20 to 40% fee for the small amounts to send. This will give an opportunity to another coin to grow bigger and currently looks like best altcoin will be ETH.
Perhaps Bitcoin, because of its high cost of translations, may become irrelevant, since it will be simply unprofitable to use Bitcoin for a simple Bitcoin user, when transfers from Wallet to Wallet or Paying something will be very expensive, because very small amounts are transferred.

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