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Topic: KINGDICE.COM - Bitcoin Dice & Invest in bankroll - page 48. (Read 58842 times)

sr. member
Activity: 294
Merit: 250
We also decreased the Transaction Fee to 0.0002.
Is it the API u r using that is setting the fee or u r running your own node where the fee is set?


We are running our own node Smiley
legendary
Activity: 2226
Merit: 1052
We also decreased the Transaction Fee to 0.0002.
Is it the API u r using that is setting the fee or u r running your own node where the fee is set?
sr. member
Activity: 294
Merit: 250
Join our Twitter Campaign! Its Open ! Cool
sr. member
Activity: 294
Merit: 250
We will soon make another Wager contest! Keep an eye on this thread and Games and Rounds!
sr. member
Activity: 294
Merit: 250
UPDATE: We added Roll Over/Under button, so that you can choose the mode you want to play!
We also decreased the Transaction Fee to 0.0002.


Users are advised to refresh the page (hitting F5)
sr. member
Activity: 294
Merit: 250
INFO: Expected Downtime at 01:00 CEST, for a period of 15-20 minutes.
sr. member
Activity: 294
Merit: 250
RHavar actually shared some interesting data about that from one of the biggest gambling sites, see: https://www.reddit.com/r/Bitcoin/comments/580zf0/actual_bitcoin_transaction_fees_costs/

His avg fee for withdrawals is 0.00044 - so not too far from 0.0005. It's mostly relatively high because players deposit more often than withdraw (= more inputs = bigger sizes = more fees.) I guess sometimes gambling sites don't charge the whole fee to the player though.

But most of them are taking this as advantage, to choose between normal speed or higher speed, most people do want to get their withdrawal as fast as they can so most of them will take higher speed and that particular site will charge more to cover it and get some profit, although it is only little but howw about if 100 people or even thousand and how about if they make so many withdrawals?


By the way, we are not making any profit out of transaction fees, as this would not be fair.

I thought so when I saw that you are going to reduce the transaction fee to 0.0002. I think then there should be no complaints.

Btw the site is now remembering me which is very convenient. And I like the option to switch off the animation.

Hehe, yes we are constantly making new additions and improvements! Glad that you noticed it! Smiley
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
RHavar actually shared some interesting data about that from one of the biggest gambling sites, see: https://www.reddit.com/r/Bitcoin/comments/580zf0/actual_bitcoin_transaction_fees_costs/

His avg fee for withdrawals is 0.00044 - so not too far from 0.0005. It's mostly relatively high because players deposit more often than withdraw (= more inputs = bigger sizes = more fees.) I guess sometimes gambling sites don't charge the whole fee to the player though.

But most of them are taking this as advantage, to choose between normal speed or higher speed, most people do want to get their withdrawal as fast as they can so most of them will take higher speed and that particular site will charge more to cover it and get some profit, although it is only little but howw about if 100 people or even thousand and how about if they make so many withdrawals?


By the way, we are not making any profit out of transaction fees, as this would not be fair.

I thought so when I saw that you are going to reduce the transaction fee to 0.0002. I think then there should be no complaints.

Btw the site is now remembering me which is very convenient. And I like the option to switch off the animation.
sr. member
Activity: 294
Merit: 250
RHavar actually shared some interesting data about that from one of the biggest gambling sites, see: https://www.reddit.com/r/Bitcoin/comments/580zf0/actual_bitcoin_transaction_fees_costs/

His avg fee for withdrawals is 0.00044 - so not too far from 0.0005. It's mostly relatively high because players deposit more often than withdraw (= more inputs = bigger sizes = more fees.) I guess sometimes gambling sites don't charge the whole fee to the player though.

But most of them are taking this as advantage, to choose between normal speed or higher speed, most people do want to get their withdrawal as fast as they can so most of them will take higher speed and that particular site will charge more to cover it and get some profit, although it is only little but howw about if 100 people or even thousand and how about if they make so many withdrawals?


By the way, we are not making any profit out of transaction fees, as this would not be fair.
legendary
Activity: 1834
Merit: 1008
RHavar actually shared some interesting data about that from one of the biggest gambling sites, see: https://www.reddit.com/r/Bitcoin/comments/580zf0/actual_bitcoin_transaction_fees_costs/

His avg fee for withdrawals is 0.00044 - so not too far from 0.0005. It's mostly relatively high because players deposit more often than withdraw (= more inputs = bigger sizes = more fees.) I guess sometimes gambling sites don't charge the whole fee to the player though.

But most of them are taking this as advantage, to choose between normal speed or higher speed, most people do want to get their withdrawal as fast as they can so most of them will take higher speed and that particular site will charge more to cover it and get some profit, although it is only little but howw about if 100 people or even thousand and how about if they make so many withdrawals?
sr. member
Activity: 294
Merit: 250
Sorry for the delay, we are adding some new features on the site, you will notice soon. Ill change the transaction fee tonight!

sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
i recently did a withdrawal and only 0,0001 btc deducted from the amount.
How is that possible that your withdrawal got a lesser fees. the fees is already higher and you can see that after two hours of your post the kingdice announced that they will sooner reduce the fees to 0.0002.

i dont know i just placed 4.5 mbtc withtrawal request and received 4.4 mbtc
Are you for current you've withdrawals? May you did it before maintenance. For now moment on captions still have fee for 0.5mBtc / 0.0005BTC

hey sorry,that was 0.0005.i got it wrong,my bad.

sorry again.
sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
i recently did a withdrawal and only 0,0001 btc deducted from the amount.
How is that possible that your withdrawal got a lesser fees. the fees is already higher and you can see that after two hours of your post the kingdice announced that they will sooner reduce the fees to 0.0002.

i dont know i just placed 4.5 mbtc withtrawal request and received 4.4 mbtc
hero member
Activity: 1036
Merit: 521
i recently did a withdrawal and only 0,0001 btc deducted from the amount.
How is that possible that your withdrawal got a lesser fees. the fees is already higher and you can see that after two hours of your post the kingdice announced that they will sooner reduce the fees to 0.0002.
sr. member
Activity: 294
Merit: 250
Thank you for the insights guys. We will soon reduce the fee to 0.0002 and we will keep a close eye on it, to see if everything works properly. Stay tuned, more to come soon!  Wink
sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
i recently did a withdrawal and only 0,0001 btc deducted from the amount.
legendary
Activity: 1400
Merit: 1009
Maintenance has been completed. We identified and fixed a problem with Withdrawals/fee.

Glad to hear maintenance has been completed,  Then this realy for "Withdrawals are processed instantly at any time and they confirm in ~15 minutes. Minimum withdrawal is 0.001, Transaction Fee: 0.0005" OMG this so BIG Withdrawals fee.


I would agree that it is big, and we may think again to decrease it. But lately blockchain was having "problems", taking very long to confirm, plus some of our users were not getting confirmations even after 9 hours. But we will definitely reconsider to reduce it to 0.0002!

Thank
Can you let the users decide how much fees they want to pay? i think it'll be pretty convenient if you let users decide their fees, for example if i want my transaction to confirm fast i'd set high fees, if i'm not in hurry i'd set medium or low fees!
legendary
Activity: 2576
Merit: 1860
Oh another dice site. Good looking site imo. I think 0.0005 withdrawal fee is way too high. Crypto-Games, Safedice and I think most only charge 0.0001 on withdrawals. Primedice charge is 0.0002 which is still low. And one thing, maybe consider lowering a bit the house edge if you want to topple the current top dice leaders which offers lower than 1% house edge. You can accept investors if you think it will help the bankroll. I always love sites with more than one crypto offered. And chatbox also needed asap so people can actively interact with each other. Good luck. Wink
legendary
Activity: 1876
Merit: 1303
DiceSites.com owner
RHavar actually shared some interesting data about that from one of the biggest gambling sites, see: https://www.reddit.com/r/Bitcoin/comments/580zf0/actual_bitcoin_transaction_fees_costs/

His avg fee for withdrawals is 0.00044 - so not too far from 0.0005. It's mostly relatively high because players deposit more often than withdraw (= more inputs = bigger sizes = more fees.) I guess sometimes gambling sites don't charge the whole fee to the player though.
sr. member
Activity: 294
Merit: 250
Maintenance has been completed. We identified and fixed a problem with Withdrawals/fee.

Glad to hear maintenance has been completed,  Then this realy for "Withdrawals are processed instantly at any time and they confirm in ~15 minutes. Minimum withdrawal is 0.001, Transaction Fee: 0.0005" OMG this so BIG Withdrawals fee.


I would agree that it is big, and we may think again to decrease it. But lately blockchain was having "problems", taking very long to confirm, plus some of our users were not getting confirmations even after 9 hours. But we will definitely reconsider to reduce it to 0.0002!

Thank
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