adaseb
Legendary
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Activity: 3878
Merit: 1733
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March 12, 2017, 04:31:26 AM |
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Due to huge fees that bitcoin needs at this moment we had to raise minimum withdrawal amount to 0.004 btc and fee to 0.0003 btc.
We were covering majority of the fee needed and it cost us substantial amount of money every day.
Minimum withdrawal is 0.004 btc and fee is 0.0003 btc.
Fiiiiinally they increase that dirt-cheap fee. Minimum withdrawal to 0.004 btc is quite a good move to stop faucet abusers and that 0.0003btc as transaction fee is good for faster confirmation. Good move stunna. I agree and I don't understand why some people complain. 0.0003 BTC is around $0.36 right now which is not that much. Primedice has enough users who are willing to be there because they think it's a great place to be. Those who don't like it should go to another place. I don't mind paying 0.0003 btc fees. it's bad for faucet users as they now have to make more btc in order to withdraw, they're the one who complains i think. Great! thanks stunna for the giveaway. For most transactions you need to realize that it won't be enough. When the ETF was rejected the trasaction fees went all the way up to 300 Sats/byte. So for a normal transaction with 1 input and 2 outputs thats like 250 bytes which translates to $0.90. And if segwit is not activated or BU then its only going to get worse and worse because people are finding out about bitcoin and its growing rapidly.
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veleten
Legendary
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Activity: 2016
Merit: 1106
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March 12, 2017, 05:12:05 AM |
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May be he meant other site have tips on chat too mean while on PD there is no tips or rain from other players. This is what I notice from him. Anyway I never know that seuntjie's bot can give any tips to the players which is using their bot. How much that you can get from his bot?
No, it's not. The bot doesn't give you any tips even though you using that. Its just randomly giving tips to active player who always chatting on PD's chat box. You will get 0.0005 BTC or 50k satoshi. Back then there was a game too on PD chat called "Hunger games",which you can earn 0.00066666 BTC if you won (You must in whitelist too before you can play this game by telling "High" or "Low"). Hunger Games is there also nowadays. Too bad I always get to the death list. come on,I must be the deathlist Spartacus average win/loss ratio is closing on 33% so much unluck as with Hungergames I haven't seen anywhere 24 won /45 lost here
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Flirty
Newbie
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Activity: 50
Merit: 0
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March 12, 2017, 09:10:13 AM |
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Kill us wd more fees......
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yolanda222
Legendary
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Activity: 1190
Merit: 1013
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March 12, 2017, 09:44:31 AM |
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hopefully, the withdrawal will not be more than 0,004 I always make a withdrawal 0.0025 hehe
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eaLiTy
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March 12, 2017, 12:32:53 PM |
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hopefully, the withdrawal will not be more than 0,004 I always make a withdrawal 0.0025 hehe
If they feel that the fees is not good enough they might not increase the transaction fees but they might increase the withdrawal limit to 0.01 BTC which i think is a good amount so that you don't see that much clog in the network and it might be a good thing considering the profit percentage of the site as they do not need to shell out more fees with every micro transactions. FJ has done that and i do expect more sites would follow that because of the incapability of the network .
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BTCevo
Legendary
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Activity: 1834
Merit: 1008
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March 12, 2017, 01:51:34 PM |
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Minimum withdrawal to 0.004 btc is quite a good move to stop faucet abusers and that 0.0003btc as transaction fee is good for faster confirmation. Good move stunna.
If faucet abusers can get to 0.002 btc how long will they take to reach 0.004 btc the real reason for these sort of restrictions are aimed to reduce the transactions fees shelled out and all the sites using bitcoin are spending more amount of money as transaction fees and it was a matter of time that they increase the limit as fortune jack recently increased their withdrawal limit and i expect more sites to follow this approach. I dont know how you think it but as I did before, I can get 0.4-0.5 btc from faucet though and of course for promo and giveaway too in a month, so I think it is really possible to make this thing. You really need some luck to get it for sure, so no matter how much is min withdrawal or fee, as long as you can cover it from your faucet winning I think this is worth for sure
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senyorito123
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March 12, 2017, 01:59:58 PM |
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Minimum withdrawal to 0.004 btc is quite a good move to stop faucet abusers and that 0.0003btc as transaction fee is good for faster confirmation. Good move stunna.
If faucet abusers can get to 0.002 btc how long will they take to reach 0.004 btc the real reason for these sort of restrictions are aimed to reduce the transactions fees shelled out and all the sites using bitcoin are spending more amount of money as transaction fees and it was a matter of time that they increase the limit as fortune jack recently increased their withdrawal limit and i expect more sites to follow this approach. I dont know how you think it but as I did before, I can get 0.4-0.5 btc from faucet though and of course for promo and giveaway too in a month, so I think it is really possible to make this thing. You really need some luck to get it for sure, so no matter how much is min withdrawal or fee, as long as you can cover it from your faucet winning I think this is worth for sure And surely you spend a huge time on it so that you can accumulate that profits and i wonder what strategy are you using for that since you managed to gain passively on pd, but anyways let's be more optimistic on this and don't encourage to abuse any benifits on what we can get nor try in this site since surely we will suffer or get a hard time with this if owners will implement some strict policy regarding to new outcome of their counter measure for those abuse.
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Harry Callahan
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March 12, 2017, 09:33:30 PM |
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Minimum withdrawal to 0.004 btc is quite a good move to stop faucet abusers and that 0.0003btc as transaction fee is good for faster confirmation. Good move stunna.
If faucet abusers can get to 0.002 btc how long will they take to reach 0.004 btc the real reason for these sort of restrictions are aimed to reduce the transactions fees shelled out and all the sites using bitcoin are spending more amount of money as transaction fees and it was a matter of time that they increase the limit as fortune jack recently increased their withdrawal limit and i expect more sites to follow this approach. I dont know how you think it but as I did before, I can get 0.4-0.5 btc from faucet though and of course for promo and giveaway too in a month, so I think it is really possible to make this thing. You really need some luck to get it for sure, so no matter how much is min withdrawal or fee, as long as you can cover it from your faucet winning I think this is worth for sure That is what i meant ,what i told was people are not going to collect pennies like that and if they want there are faucets to do those claims and not gambling sites and anyone can make a good amount from faucet if you are lucky and a minimal increase in withdrawal limit wont deter any faucet abuser and that is what i was talking about.
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veleten
Legendary
Offline
Activity: 2016
Merit: 1106
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March 13, 2017, 01:50:33 AM |
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Due to huge fees that bitcoin needs at this moment we had to raise minimum withdrawal amount to 0.004 btc and fee to 0.0003 btc.
We were covering majority of the fee needed and it cost us substantial amount of money every day.
Minimum withdrawal is 0.004 btc and fee is 0.0003 btc.
Why not let the user choose their fee like on bitsler? I agree-this would have been awesome to have same functionality for example choose from 30k 40k or 50k fee,on Bitsler,usually 20k fee goes through pretty fast all in all 0.004 withdrawal minimum and 30k fee is fine by me,athere is no sense to withdraw say 200k and pay 10% in fees (20k)
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kleineaap
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March 13, 2017, 03:02:55 AM |
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Due to huge fees that bitcoin needs at this moment we had to raise minimum withdrawal amount to 0.004 btc and fee to 0.0003 btc.
We were covering majority of the fee needed and it cost us substantial amount of money every day.
Minimum withdrawal is 0.004 btc and fee is 0.0003 btc.
What a load of crap.
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
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March 13, 2017, 07:05:44 AM |
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Due to huge fees that bitcoin needs at this moment we had to raise minimum withdrawal amount to 0.004 btc and fee to 0.0003 btc.
We were covering majority of the fee needed and it cost us substantial amount of money every day.
Minimum withdrawal is 0.004 btc and fee is 0.0003 btc.
What a load of crap. ? Are you serious? That's a very generous condition. You do realize that since most medium transactions are around 300 Bytes and the average fee these days is 200 Sats/byte then the withdraw fee of 0.0003BTC is mostly made at a loss to PrimeDice, especially if they have more than 1 input. 0.004 BTC is also fair. You shouldn't be withdrawing less than 0.004 BTC anyways, because most of your withdraw goes to fees alone. Blame Segwit not being activated. Not Primedice.
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kleineaap
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March 13, 2017, 11:10:02 AM |
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Due to huge fees that bitcoin needs at this moment we had to raise minimum withdrawal amount to 0.004 btc and fee to 0.0003 btc.
We were covering majority of the fee needed and it cost us substantial amount of money every day.
Minimum withdrawal is 0.004 btc and fee is 0.0003 btc.
What a load of crap. ? Are you serious? That's a very generous condition. You do realize that since most medium transactions are around 300 Bytes and the average fee these days is 200 Sats/byte then the withdraw fee of 0.0003BTC is mostly made at a loss to PrimeDice, especially if they have more than 1 input. 0.004 BTC is also fair. You shouldn't be withdrawing less than 0.004 BTC anyways, because most of your withdraw goes to fees alone. Blame Segwit not being activated. Not Primedice. Dead serious. It's bullshit. Most current wallets let you specify the fee. Besides a gambling dice site, Primedice is also a wallet for every user that deposits/withdraws. And now, after being behind in many aspects (having one of the slowest betting engines, an outdated look, a shit chat and useless support service), PD is again fixing their shit regardless of users and user experience. Certainly easier to fucking raise the fees than to pay a dev for some custom code. It's seems there's an adoration of PD in this thread. What the fuck do I care. Just being critical when it's deserved so. And right now, this is the largest load of crap they could implement.
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moooonu
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March 13, 2017, 11:45:20 AM |
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Did a couple of withdrawal from PD. I got to admit confirmation on withdrawals are instant and fast. Great improvement in site. Keep it up stunna
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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March 13, 2017, 11:49:22 AM |
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Due to huge fees that bitcoin needs at this moment we had to raise minimum withdrawal amount to 0.004 btc and fee to 0.0003 btc.
We were covering majority of the fee needed and it cost us substantial amount of money every day.
Minimum withdrawal is 0.004 btc and fee is 0.0003 btc.
What a load of crap. ? Are you serious? That's a very generous condition. You do realize that since most medium transactions are around 300 Bytes and the average fee these days is 200 Sats/byte then the withdraw fee of 0.0003BTC is mostly made at a loss to PrimeDice, especially if they have more than 1 input. 0.004 BTC is also fair. You shouldn't be withdrawing less than 0.004 BTC anyways, because most of your withdraw goes to fees alone. Blame Segwit not being activated. Not Primedice. Dead serious. It's bullshit. Most current wallets let you specify the fee. Besides a gambling dice site, Primedice is also a wallet for every user that deposits/withdraws. And now, after being behind in many aspects (having one of the slowest betting engines, an outdated look, a shit chat and useless support service), PD is again fixing their shit regardless of users and user experience. Certainly easier to fucking raise the fees than to pay a dev for some custom code. It's seems there's an adoration of PD in this thread. What the fuck do I care. Just being critical when it's deserved so. And right now, this is the largest load of crap they could implement. If we let users chose a fee they would mostly chose to small fee. Or you would have to chose bigger fee and pay for it in full. This way we are still covering for the fee most of the time and it ends up costing us close to 700$ per day just on fees. It is the best possible outcome for the users not for us. But it is the most convenient for the users and we chose to do it that way.
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kleineaap
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March 13, 2017, 01:08:29 PM |
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If we let users chose a fee they would mostly chose to small fee.
Yes, and they would have the slowest withdrawal. People wanting to pay for speedy btc would be ok, same as people that would be willing to wait. This way we are still covering for the fee most of the time and it ends up costing us close to 700$ per day just on fees.
Am I supposed to be sorry for the fees you are paying now? But it is the most convenient for the users and we chose to do it that way.
No, it is not. The same way I choose to send a transaction with low fee when I do not care when it arrives so do PD users would have that option. That is the MOST CONVENIENT for users. Your lullaby though is more convenient for PD and PD only.
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freemanjackal
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March 13, 2017, 05:43:22 PM |
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If we let users chose a fee they would mostly chose to small fee.
Yes, and they would have the slowest withdrawal. People wanting to pay for speedy btc would be ok, same as people that would be willing to wait. This way we are still covering for the fee most of the time and it ends up costing us close to 700$ per day just on fees.
Am I supposed to be sorry for the fees you are paying now? But it is the most convenient for the users and we chose to do it that way.
No, it is not. The same way I choose to send a transaction with low fee when I do not care when it arrives so do PD users would have that option. That is the MOST CONVENIENT for users. Your lullaby though is more convenient for PD and PD only. completely agree should be the users who decide if they i want an instant withdrawal or not, almost every wallet allows the user to specify the tx fee, so why not PD??
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AF50
Member
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Activity: 86
Merit: 10
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March 13, 2017, 08:54:15 PM |
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let the users choose how much are willing to pay for the fee
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Stunna (OP)
Legendary
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Activity: 3192
Merit: 1279
Primedice.com, Stake.com
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March 14, 2017, 12:22:55 AM |
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If we let users chose a fee they would mostly chose to small fee.
Yes, and they would have the slowest withdrawal. People wanting to pay for speedy btc would be ok, same as people that would be willing to wait. This way we are still covering for the fee most of the time and it ends up costing us close to 700$ per day just on fees.
Am I supposed to be sorry for the fees you are paying now? But it is the most convenient for the users and we chose to do it that way.
No, it is not. The same way I choose to send a transaction with low fee when I do not care when it arrives so do PD users would have that option. That is the MOST CONVENIENT for users. Your lullaby though is more convenient for PD and PD only. We're subsidizing the majority of your fee in most cases. We generally attach a lower fee than average, if we let users set an even lower fee their transactions wouldn't confirm. However, will be taking your feedback to mind and seeing what's do-able.
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kleineaap
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March 14, 2017, 12:39:13 AM |
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We're subsidizing the majority of your fee in most cases. We generally attach a lower fee than average, if we let users set an even lower fee their transactions wouldn't confirm. However, will be taking your feedback to mind and seeing what's do-able.
Thanks for the reply. Would be good to see users opinions taken into account.
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Stunna (OP)
Legendary
Offline
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
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March 14, 2017, 01:54:00 AM |
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We're subsidizing the majority of your fee in most cases. We generally attach a lower fee than average, if we let users set an even lower fee their transactions wouldn't confirm. However, will be taking your feedback to mind and seeing what's do-able.
Thanks for the reply. Would be good to see users opinions taken into account. Feel free to drop me a PM at anytime
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