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Author Topic: Nitrogen $20 withdrawal fee  (Read 905 times)
Minus7point5 (OP)
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December 18, 2017, 11:15:15 PM
 #41

Some good conversation going on in here and as always, the occasional post whoring  Tongue

Bottom Line

For people who don't like to keep their BTC on exchanges, Nitrogen has now become a bad option.  I don't even like keeping my coins on Kraken and Polo, so why would I sleep well at night with money on a gambling website?

Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

Hey Nitrogen I know you're reading this!   Care to chime in rather than act like everything is ok?  

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December 18, 2017, 11:29:55 PM
 #42

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.


I have to admit that the advantage of NitrogenSports was quick withdrawals at any time and there are surely some bettors who deposit and withdraw several times within a day. The problem is that the bitcoin processing fees are very high currently and NitrogenSports hardly can eat those fees and has to forward it to their customers. I do not know how Jetwin handles this, but they offer also anonymous accounts.
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December 19, 2017, 01:09:11 AM
 #43


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy
Minus7point5 (OP)
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December 19, 2017, 01:39:00 AM
 #44


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items."  They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!  
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December 19, 2017, 05:48:41 AM
 #45


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items."  They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!  


No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?
Minus7point5 (OP)
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December 19, 2017, 12:03:58 PM
 #46


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items."  They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!  


No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time:
If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item. 
Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate.

Nitrogen needs to change their withdrawal policy or at least address the issue.   
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December 19, 2017, 12:44:30 PM
 #47


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items."  They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!  


No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time:
If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item. 
Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate.

Nitrogen needs to change their withdrawal policy or at least address the issue.   

why would they change their withdrawal policy?
you do not come to  a shop and say: "hey I think your price is unfair,you need to change your
price policies and also give me things for free"  Grin
you just go to a shop/casino that suits you instead and its the only way you can change their policies
since once they see that it results in profit or clientelle loss,they might change the policies themselves

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Layla99
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December 19, 2017, 02:51:03 PM
 #48

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat
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December 19, 2017, 07:56:35 PM
 #49

Fee transaction will increase all day with the increment of the value and the traffic i hope in a switch of altcoin and blockchain... Anyway i always do a great balance before i need to withdraw or i do a withdraw with a friend (if the site permits rain or tip Tongue)
BitcoinMarshal
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December 19, 2017, 08:00:41 PM
 #50

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat
Its good suggestion now time for them to accept few altcoins also because now we other sports betting sites already started and some doing work because its very high fees even we have one free withdrawal every week its good site working for many years without too much problems
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December 19, 2017, 08:46:46 PM
 #51

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat
Its good suggestion now time for them to accept few altcoins also because now we other sports betting sites already started and some doing work because its very high fees even we have one free withdrawal every week its good site working for many years without too much problems

Its s very good site but it was best when i could bet and withdrawl but now i bet maybe win but immediate lose money withdrawing my money
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December 19, 2017, 09:31:24 PM
 #52

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat
Its good suggestion now time for them to accept few altcoins also because now we other sports betting sites already started and some doing work because its very high fees even we have one free withdrawal every week its good site working for many years without too much problems

Yes they need to realize that alts are the only viable way to keep smaller betting people there
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December 20, 2017, 01:09:21 AM
 #53


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items."  They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!  


No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time:
If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item. 
Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate.

Nitrogen needs to change their withdrawal policy or at least address the issue.   

It is still different, if an item is sold and then returned, most likely it is not in perfect condition that is why it is returned and an item with defect is obviously a loss by the company already. In Nitrogen, you still have the choice if you want to use their withdrawal, if you want to save some money you can request a withdrawal once a week and it will be covered by them. Their withdrawal policy is basically against abuse IMHO
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December 20, 2017, 01:36:14 AM
 #54

Does this fee include the bitcoin transaction fee? Because those are pretty huge. I saw a $7 transaction and won't be surprised if now there are even $10 ones. Yet they surely should not charge people additionally. Do they? Or perhaps that was the fee for withdrawing a really big sum of money?
I guess it's time for casinos to slowly dump bitcoin and use other coins, so that people feel comfortable about gambling. Dogecoin is not developing, but it's still very good for gambling, as transactions proceed really fast and cheap. Let's hope nitrogen will make a step forward and list some other coins apart from btc.

I recently id a $230 transaction and I was charged a $11 fee.  I looked at the block chain and seen that there were other 4 transactions sent with mine and the total fee was around $19.  So who is raping who???
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December 20, 2017, 05:48:34 AM
 #55

Nitrogen can fix the high fees "issue" by enabling Segwit for their site. Bitcoin users will then naturally follow and use a Segwit enabled wallet like GreenAddress because it will make fees lower by 40% right away, adding to our savings.

As regular users, we should campaign for Segwit use. It is for the benefit of us all.


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Minus7point5 (OP)
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December 20, 2017, 12:36:00 PM
 #56

Does this fee include the bitcoin transaction fee? Because those are pretty huge. I saw a $7 transaction and won't be surprised if now there are even $10 ones. Yet they surely should not charge people additionally. Do they? Or perhaps that was the fee for withdrawing a really big sum of money?
I guess it's time for casinos to slowly dump bitcoin and use other coins, so that people feel comfortable about gambling. Dogecoin is not developing, but it's still very good for gambling, as transactions proceed really fast and cheap. Let's hope nitrogen will make a step forward and list some other coins apart from btc.

I recently id a $230 transaction and I was charged a $11 fee.  I looked at the block chain and seen that there were other 4 transactions sent with mine and the total fee was around $19.  So who is raping who???

Thank you! 

Finally someone gets it and sees whats going on!
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December 20, 2017, 02:16:38 PM
 #57

Is nitrogensports holding bitcoincash still, or did they spend it for themselves? Each bitcoin cash coin is now worth $3500 each.  They are having a big party with their users coins.
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December 20, 2017, 02:22:51 PM
 #58

Is nitrogensports holding bitcoincash still, or did they spend it for themselves? Each bitcoin cash coin is now worth $3500 each.  They are having a big party with their users coins.

They made off like bandits.  This is a shady casino as far as I'm concerned. 
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December 20, 2017, 03:44:22 PM
 #59

Nitrogen can fix the high fees "issue" by enabling Segwit for their site. Bitcoin users will then naturally follow and use a Segwit enabled wallet like GreenAddress because it will make fees lower by 40% right away, adding to our savings.

As regular users, we should campaign for Segwit use. It is for the benefit of us all.


Segwit 2x is on again after they cancelled it.
Heard the news on it yesterday and thought it would of sparked up bitcoin's price after the hauling that bitcoin cash did to it. But unfortunately it didn't.
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December 20, 2017, 04:46:36 PM
 #60


Imagine a company with superior customer service (ex. Costco).  Costco allows customers to return anything, in any condition for any reason.  They are the best in their industry.   Now, imagine if after all these years, they just did away with their return policy.  That would create triggers and certainly upset a lot of people.  In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy.  It would be a horrible business move and very comparable to what Nitrogen is doing.  For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.  

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items."  They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!  


No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time:
If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item. 
Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate.

Nitrogen needs to change their withdrawal policy or at least address the issue.   

why would they change their withdrawal policy?
you do not come to  a shop and say: "hey I think your price is unfair,you need to change your
price policies and also give me things for free"  Grin
you just go to a shop/casino that suits you instead and its the only way you can change their policies
since once they see that it results in profit or clientelle loss,they might change the policies themselves

They would really take into consideration if they would saw there are lots of people complaining.They would really make such actions which would really suit on user needs and preference on the majority because it would really mainly affect their business if people would decide to jump out and find another store.  Grin

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