...
And after all, Lightning is just around the corner, possibly instant deposits and withdrawals with close to no fees, an interesting time, to say the least.
I don´t share the same optimism regarding Lightning. The technology is great and very talented developers are working on it.
However, I have read in various sources that the actual launch is still more than a year away.
I do admit I might have exaggerated there a tiny little bit.
Between you and me, I'm pretty excited about Lightning and the possibilities it will bring.
Yet I do know that most clients have hardly reached beta status right now, and it can take a decent while before anything is ready for release, even then, LN won't have its full impact rigth from the beginning.
On the other hand, the eclair testnet version seemed very promising when I had tested it a while back.
Now I see two potential replies to this post. 1) I'm wrong (and telling me why) and I shouldn't bother to play on the site anymore coz you don't care, or 2) You've listened to me and take my point and may possibly look at the situation. I hope it's 2)
There's been two updates to improve the overall user experience with bitcoin withdrawals.
First: Withdrawal fees are now based on 500 byte transaction size instead of 1000 byte transaction size, meaning effectively a 50% cut in costs for users compared to the previous system.
This goes in line with current average transaction sizes (reference:
https://tradeblock.com/bitcoin/historical/1d-f-tsize_per_avg-01101), which range between 450 and 600 byte.
As a result, fees charged by the site should much better represent fees paid for transactions.
Second: The blogpost was updated with a better explanation of how the withdrawal fees a user pays and the transaction fees the site pays are corelated.
This should help to avoid any misunderstandings about how much fees a user is charged. You can take a look at it here:
http://blog.crypto-games.net/2017/02/withdrawals-q.htmlExample: I was charged 0.0005 BTC fees for my withdrawal, but the bitcoin transaction sent used a lower fee, why does this happen?
The withdrawal fee charged to a user issuing a withdrawal is the fee for a transaction with the size of 500 bytes (which is the current median transaction size according to tradeblock), in this exemplary case, 0.0005 BTC. The actual transaction sent uses a per kB fee that’s twice the size of your charged withdrawal fee (in this example, 0.0005 BTC are charged, and 0.001 BTC per kB are used). However, if the transaction is smaller than the average, the total fee will be lower accordingly. Likewise, if the transaction is bigger than the average, the total fee will be higher accordingly. In either case, the fee charged to the user will be the same, 0.0005 BTC, as it’s not possible to estimate the size a withdrawal transaction will have before the withdrawal is requested. In any way, the fee you are being charged is always the fee that is shown on the slider (“withdrawal fee”), where you select the fees, and the amount you receive is always the amount shown in the withdrawal popup (“Withdrawal amount after fees”).Unchanged, but notably mentions:
The withdrawal fee charged to a user was always and will always be the one shown above the slider ("withdrawal fee"), whatever you set the slider to will be what you will pay for your withdrawal.
In no case will a user be charged more than what they set the slider on.
The amount sent in a withdrawal was always and will always be the one shown on the bottom right of the withdrawal window ("withdrawal amount after fees").
In no case will a user receive less than what they are shown in this area.
Let me know if you have any further questions about the way withdrawals and fees are handled.
Lupitn, your such a fucking pussy
you can insult every customer in chat, but you when someone turns it on you. you cry and mute for 3 hours
iim who brings a whale to cg and investors makes $30,000 off him. and you treat people like me like shit.
i see you piss so many customers off everyday cuz of your big ego and insults. you must be one hell of a programmer..
cuz i know you lose business for cg with your attitude
you make crypto-games.com look so bad
i just start to post screenshots everyday here when you insult a paying customer. let others see how you are