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Author Topic: Nitrogen $20 withdrawal fee  (Read 768 times)
shimakun
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December 18, 2017, 11:56:06 AM
 #21

i do not know what is going on
i really liked nitrogensports i even used to store some of coins in that wallet when it was free and used to transfer between them and localbitcoins

localbitcoins incoming transfers  now is around 13usd
nitrogensports  outgoing transferes 20 usd
if you use other free wallets online or something ans send with low miners fee you may wait days for confirmations
very annoying
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December 18, 2017, 12:06:11 PM
 #22

i do not know what is going on
i really liked nitrogensports i even used to store some of coins in that wallet when it was free and used to transfer between them and localbitcoins

localbitcoins incoming transfers  now is around 13usd
nitrogensports  outgoing transferes 20 usd
if you use other free wallets online or something ans send with low miners fee you may wait days for confirmations
very annoying


Dude you get 1 free withdrawal without fee once a week, so it's still fine imo. I think it's really normal happened, i mean look at the bitcoin fee right now. It's so damn ridiculous big for each transaction. In my opinion it's normal to happen based on the huge fee, i guess nitro cost many coins only from the fees.
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December 18, 2017, 12:16:16 PM
 #23

i do not know what is going on
i really liked nitrogensports i even used to store some of coins in that wallet when it was free and used to transfer between them and localbitcoins

localbitcoins incoming transfers  now is around 13usd
nitrogensports  outgoing transferes 20 usd
if you use other free wallets online or something ans send with low miners fee you may wait days for confirmations
very annoying


Dude you get 1 free withdrawal without fee once a week, so it's still fine imo. I think it's really normal happened, i mean look at the bitcoin fee right now. It's so damn ridiculous big for each transaction. In my opinion it's normal to happen based on the huge fee, i guess nitro cost many coins only from the fees.
sure im not complaining about nitrogen as i do not blame them
but i mean the fee of bitcoin network lately

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December 18, 2017, 12:36:41 PM
 #24

i do not know what is going on
i really liked nitrogensports i even used to store some of coins in that wallet when it was free and used to transfer between them and localbitcoins

localbitcoins incoming transfers  now is around 13usd
nitrogensports  outgoing transferes 20 usd
if you use other free wallets online or something ans send with low miners fee you may wait days for confirmations
very annoying


Dude you get 1 free withdrawal without fee once a week, so it's still fine imo. I think it's really normal happened, i mean look at the bitcoin fee right now. It's so damn ridiculous big for each transaction. In my opinion it's normal to happen based on the huge fee, i guess nitro cost many coins only from the fees.
sure im not complaining about nitrogen as i do not blame them
but i mean the fee of bitcoin network lately


We can't do anything about that mate, its the system that we are using right now, I guess using the free withdrawal once a week will kee
players/gamblers to  stay with them, especially those who loves gamble with sports games, we needed to adjust about this and consider
that Nitro needs to do something about the high fee.

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December 18, 2017, 12:47:11 PM
 #25

i do not know what is going on
i really liked nitrogensports i even used to store some of coins in that wallet when it was free and used to transfer between them and localbitcoins

localbitcoins incoming transfers  now is around 13usd
nitrogensports  outgoing transferes 20 usd
if you use other free wallets online or something ans send with low miners fee you may wait days for confirmations
very annoying


Dude you get 1 free withdrawal without fee once a week, so it's still fine imo. I think it's really normal happened, i mean look at the bitcoin fee right now. It's so damn ridiculous big for each transaction. In my opinion it's normal to happen based on the huge fee, i guess nitro cost many coins only from the fees.
sure im not complaining about nitrogen as i do not blame them
but i mean the fee of bitcoin network lately


We can't do anything about that mate, its the system that we are using right now, I guess using the free withdrawal once a week will kee
players/gamblers to  stay with them, especially those who loves gamble with sports games, we needed to adjust about this and consider
that Nitro needs to do something about the high fee.

Looks like I'm not the only person who has a problem with Nitrogen new withdrawal policy. Up until last week, they were still paying the network fees but now they are just being greedy.   
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December 18, 2017, 02:28:02 PM
 #26

What about customers who have been making daily withdrawals for the past 2 years?  They are going to turn away loyal customers over $20.
It's just not practical and since most of your remaining post was rambling, bottom line is I can not be the only one shocked by this new policy.



Whatever you say kiddo...

It is ridiculous to make daily btc withdrawals. It's simply agianst the very nature of bitcoin.
We should all keep in mind that the network is NOT made to be used 5 times a day by everyone. You should use the network only for important value movement, not to pay your bread on a daily basis.
It's not visa guys, it's just not made to handle billions of transactions every day.

And the more you spam the more you pay!

.
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December 18, 2017, 03:03:02 PM
 #27

I can definitely see both sides to this argument and they both have some truth and Merrit. Well I think they’re taking proper steps and letting you have one free one I think they should extend it to loyal customers and give you 3-4 weekly for free. I understand that casinos will need to charge a certain fee to withdraw, but this limitation keeps players bitcoin held hostage. Those who only have $20 to gamble with in bitcoin can’t afford A $20 fee so they wait. While waiting they might as well make some bets.
This would be most likely the case on most gamblers which if they wont really gamble on the withdrawal fee then they would really still decide to hold up until the fees would be corrected. I dont see anything wrong with gambling sites or  deserve to be blamed because we do know the actual rate of fees as of now which they would really charged up players because if they would decide to pay up those ridiculous fees for their players then its really a big expense for them.

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December 18, 2017, 04:00:17 PM
 #28

What about customers who have been making daily withdrawals for the past 2 years?  They are going to turn away loyal customers over $20.
They probably were taking loss by giving free withdrawals, with bitcoin price at $19k they can't continue i guess. they could however have other withdrawal options, like pool it and send withdrawals every 6 hours, 12 hours etc.. more you want to wait, lesser the fees(could work!). or they could let users choose the fees?

Whatever you say kiddo...

It is ridiculous to make daily btc withdrawals. It's simply agianst the very nature of bitcoin.
We should all keep in mind that the network is NOT made to be used 5 times a day by everyone. You should use the network only for important value movement, not to pay your bread on a daily basis.
It's not visa guys, it's just not made to handle billions of transactions every day.

And the more you spam the more you pay!
Bitcoin is made do daily transactions, but with the current price and high network/miner fee one can't. i used to make lots of transactions back in 2013, fee wasn't high back then. but this fee problem can be solved with increased blocksize.
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December 18, 2017, 04:04:02 PM
 #29


Bitcoin is made do daily transactions, but with the current price and high network/miner fee one can't. i used to make lots of transactions back in 2013, fee wasn't high back then. but this fee problem can be solved with increased blocksize.

No it is not!
The idea behind current bitcoin network is that the number of transactions per second is limited while the number of users is only growing.
So if everyone would use btc on a daily basis, even making just one transaction a day, then the network wouldn't be able to handle even half of those transactions and they would all stock up day after day.

That's why fees are here, not to pay the miners but simply to auto regulate the use of the network. So that no one uses the network to send 1$ because that would cost him 10 times the amount to do the transaction.

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December 18, 2017, 04:05:50 PM
 #30

What about customers who have been making daily withdrawals for the past 2 years?  They are going to turn away loyal customers over $20.
It's just not practical and since most of your remaining post was rambling, bottom line is I can not be the only one shocked by this new policy.


The one who is making daily withdrawals might not get offended by this new rule as he will surely have really high amount of money so $20 might still be less than 1% of the amount they want to withdraw and they can easily pay this to get faster confirmation.

Mempool is full and nitrogensports or any other gambling platform don't want to put money from their own pocket on those transactions fee which is really high right now.

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December 18, 2017, 05:00:10 PM
 #31

Local bookies only allow you to settle once per week, and sometimes they don't even pay you, when you win. At least Nitrogen always pays, much better than alternatives. You'd rather bet worthless depreciating dollars? Hell no
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December 18, 2017, 05:09:03 PM
 #32

i do not know what is going on
i really liked nitrogensports i even used to store some of coins in that wallet when it was free and used to transfer between them and localbitcoins

localbitcoins incoming transfers  now is around 13usd
nitrogensports  outgoing transferes 20 usd
if you use other free wallets online or something ans send with low miners fee you may wait days for confirmations
very annoying


Dude you get 1 free withdrawal without fee once a week, so it's still fine imo. I think it's really normal happened, i mean look at the bitcoin fee right now. It's so damn ridiculous big for each transaction. In my opinion it's normal to happen based on the huge fee, i guess nitro cost many coins only from the fees.
sure im not complaining about nitrogen as i do not blame them
but i mean the fee of bitcoin network lately


We can't do anything about that mate, its the system that we are using right now, I guess using the free withdrawal once a week will kee
players/gamblers to  stay with them, especially those who loves gamble with sports games, we needed to adjust about this and consider
that Nitro needs to do something about the high fee.

Looks like I'm not the only person who has a problem with Nitrogen new withdrawal policy. Up until last week, they were still paying the network fees but now they are just being greedy.   

They are not being greedy, they just stopped being so generous to pay all user's withdrawal or it will cost them so big amount. Imagine how many players are doing withdrawal daily when it is still free of transaction fee? Lets say only 1,000 withdrawals daily, do you like covering $20,000 daily just for transaction fees? Are you on your right mind? Just be thankful they are still giving 1 free withdrawal weekly


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December 18, 2017, 05:10:42 PM
 #33

at the moment the best thing to do is only to leave what you want to gamble in the site to avoid the need of making daily withdrawals
and you can go for the weekly free withdrawal when you want to withdraw without paying extra fees
it's  a reasonable move from nitrogen , it doesnt make sense for them to keep paying for fees at this point especially that the average gamblers wager less than 100$ on matches

glad that they aren't delaying the withdrawals or raising the min withdrawal as some sites are doing these days

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December 18, 2017, 05:26:25 PM
 #34

I was wondering when this would start to happen in the gambling world. I sure most gamblers use a small amount to to gamble, and normally don't keep huge amounts in the websites, so it would be hard for gambling providers to keep the withdrawal fees low. To be honest I think that this was a fair move from nitrogen, since they still allow one free withdrawal per week, so if just need to wait for that. It would be unsustainable for them to just keep paying fees for every withdrawal. The there possible solution would be to increase the minimum amount to withdraw, but I think that would be even worse. I'm also curious to see if they will start searching for other coins to offer their services. If gambling sites start doing this, I wonder if it will have any impact on the bitcoin price.

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December 18, 2017, 05:32:51 PM
 #35

20$ fees are outrageous,but look at the state of blockchain-130.000 unconfirmed transactions!
they do offer a single free payout per week,if Im not mistaken,though
so consolidate your payments and withdraw once a week,if that is an option for you
but I feel you,some sites have 40-60.000 satoshis withdrawal fixed fees and it sucks to pay 5-10% of your
balance to withdraw,to pay 100.000+ sucks even more

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December 18, 2017, 05:34:23 PM
 #36

I can definitely see both sides to this argument and they both have some truth and Merrit. Well I think they’re taking proper steps and letting you have one free one I think they should extend it to loyal customers and give you 3-4 weekly for free. I understand that casinos will need to charge a certain fee to withdraw, but this limitation keeps players bitcoin held hostage. Those who only have $20 to gamble with in bitcoin can’t afford A $20 fee so they wait. While waiting they might as well make some bets.
This would be most likely the case on most gamblers which if they wont really gamble on the withdrawal fee then they would really still decide to hold up until the fees would be corrected. I dont see anything wrong with gambling sites or  deserve to be blamed because we do know the actual rate of fees as of now which they would really charged up players because if they would decide to pay up those ridiculous fees for their players then its really a big expense for them.
yeah but what you are saying is  for the guys who already has coins in there
but for new depositors they will be charged miners fee for outgoing  transactions as well depend on the wallet but averaging 6 to 12 usd if they wanted the confirmations faster.
again the problem is not from nitrogensports but from the bitcoin network fee these days

so bitcoin these days is good not for paying or short term investments but for long term investments
for short term ees will eat a big amount of the amount
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December 18, 2017, 05:51:20 PM
 #37

i used to gamble with $20 for fun because this amount is not too high although if i'm lost then it's wouldn't problem for me but indeed only for withdrawal fee 0.001 btc or $20 is too high especially for low cost gamblers but they accept 1 free withdrawal per week then use this advantages for bulk withdrawal your funds however this is their main policy and as the players we can't do anything besides accept the rule


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December 18, 2017, 06:01:46 PM
 #38

There is no point in blaming them. What they can do, when the bitcoin transaction fee is so high? I checked the average fees and the minimum amount required for instant confirmation has increased to around 600 Sat/Byte (all time high?). And it is not just Nitrogen. Have you checked the withdrawal fee at cryptopia? It is close to $40 for a single transaction!!


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December 18, 2017, 06:10:55 PM
 #39

There is no point in blaming them. What they can do, when the bitcoin transaction fee is so high? I checked the average fees and the minimum amount required for instant confirmation has increased to around 600 Sat/Byte (all time high?). And it is not just Nitrogen. Have you checked the withdrawal fee at cryptopia? It is close to $40 for a single transaction!!

Yeah, that's true man. They had been giving a lot of stuff for free, free bets, lotteries, stakes, free BTC on your parlay wins and many other freebies since the day they started and just because they started charging a fee for withdrawal, now this guy thinks that it's bad for their business? They had been allowing and processing withdrawals way quicker compared to other sportsbooks. And if users will ask for daily withdrawals, how will they manage to deal with the current fee slab that's hammering every bitcoiner around the globe? The step they have taken is much better because this way, they will cut their losses as well as none would now redeem daily and/or will keep their coins in the sportsbook itself.

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December 18, 2017, 07:17:10 PM
 #40

Although a 20$ withdrawal fee is high, especially for players who play with low amounts, but they still offer 1 free weekly withdrawal.
Personally, I don't see the benefit/use of withdrawing every day your bitcoins.

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