Nitrogen $20 withdrawal fee - page 5.

xYakult

sr. member

Activity: 518

Merit: 258

Quote from: XarXymtroa on December 18, 2017, 07:47:11 AM

Quote from: Caladonian on December 18, 2017, 07:36:41 AM

Quote from: shimakun on December 18, 2017, 07:16:16 AM

Quote from: steveabrahams on December 18, 2017, 07:06:11 AM

Quote from: shimakun on December 18, 2017, 06:56:06 AM

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

winbig777

newbie

Activity: 49

Merit: 0

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

amacar2

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Quote from: Minus7point5 on December 17, 2017, 04:11:02 PM

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.

valta4065

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Quote from: lite on December 18, 2017, 11:00:17 AM

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.

lite

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Quote from: Minus7point5 on December 17, 2017, 04:11:02 PM

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?

Quote from: valta4065 on December 18, 2017, 09:28:02 AM

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.

milewilda

legendary

Activity: 3094

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Quote from: badjacks99 on December 17, 2017, 06:09:03 PM

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.

valta4065

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Quote from: Minus7point5 on December 17, 2017, 04:11:02 PM

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!

XarXymtroa

member

Activity: 153

Merit: 23

Quote from: Caladonian on December 18, 2017, 07:36:41 AM

Quote from: shimakun on December 18, 2017, 07:16:16 AM

Quote from: steveabrahams on December 18, 2017, 07:06:11 AM

Quote from: shimakun on December 18, 2017, 06:56:06 AM

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.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: shimakun on December 18, 2017, 07:16:16 AM

Quote from: steveabrahams on December 18, 2017, 07:06:11 AM

Quote from: shimakun on December 18, 2017, 06:56:06 AM

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.

shimakun

jr. member

Activity: 225

Merit: 1

Quote from: steveabrahams on December 18, 2017, 07:06:11 AM

Quote from: shimakun on December 18, 2017, 06:56:06 AM

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

steveabrahams

sr. member

Activity: 1050

Merit: 254

Quote from: shimakun on December 18, 2017, 06:56:06 AM

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.

shimakun

jr. member

Activity: 225

Merit: 1

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

kryptqnick

legendary

Activity: 3248

Merit: 1402

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Quote from: Minus7point5 on December 17, 2017, 03:43:20 PM

Ouch. Tough to see such a reputable sportsbook going this route. Embarrassed

Talk about riding this BTC wave of profit, and then sticking it to your loyal customers Shocked

I wonder how much this will tarnish their "A" rating?

Time to seriously reevaluate my betting options cause my system won't work with this new policy.

Come on Nitrogen- wake up and realize this is bad for business! Angry

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.

debuni

legendary

Activity: 1162

Merit: 1002

I find their withdrawal policy very fair.

Their are giving you one free withdraw every week.

Every exchange now is having similar or higher fees and you could blame the network state, not Nitrogen.

benmartin613

full member

Activity: 168

Merit: 100

Quote from: Minus7point5 on December 17, 2017, 03:43:20 PM

Ouch. Tough to see such a reputable sportsbook going this route. Embarrassed

Talk about riding this BTC wave of profit, and then sticking it to your loyal customers Shocked

I wonder how much this will tarnish their "A" rating?

Time to seriously reevaluate my betting options cause my system won't work with this new policy.

Come on Nitrogen- wake up and realize this is bad for business! Angry

Its not the fault of nitrogen that there is a 20$ withdrawal fee, that fee goes to the bitcoin network, if you do a transaction outside nitrogen you will see that there is a high fee for transferring funds, eventually the fees will subside and turn back to normal.

madwica

hero member

Activity: 714

Merit: 531

It is ok to have withdrawal fees, i am using nitrogen site more than a year and enjoying free withdrawal fee, then now still they offering 1 time free withdrawal every week and i think it would help to make transaction faster because it will lessen the congestion of withdrawal in blockchain.
I think now a days, people using nitrogensports do 1 withdrawal in a week and didnt like the amount of transaction fee. 0.001 every withdrawal after you avail the free withdrawal fee.

DARKANGEL6415

hero member

Activity: 672

Merit: 500

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From what i read nitrogen will still offer theone free withdrawal option a week. Now personally I think one rime a week free withdrawal is good. Granted two free withdrawal would be great for all and leave no room to complain. Now i am not sure why people need withdrawal options EVERY day, it's not my concern but sure does look funny when people do this. If you are not a day Labour or 1099 independent contractor of the casino should be no reason to want free cash everyday. This of course is just my opinion so please save me all the hateful comments.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: ?? on ??

i was shocking to this new policy, for player who bet on microstake its killing me.. its very though to leave nitrogen.. but i have to

If you bet small amount and every day if you withdraw small amount then casino need to pay the high transaction fees for each withdrawal. They are doing a business and you can't expect them to pay such high transaction fees for all small amounts. I understood that they are offering one free withdrawal every week then you have to collect all your winning for one week and go for a free withdrawal.

xYakult

sr. member

Activity: 518

Merit: 258

Quote from: Minus7point5 on December 17, 2017, 07:37:59 PM

All I'm saying is that if Nitrogen wants to continue to think that they are the industry leader, they need to be willing to compromise with their reputable players.

It makes no sense for me to have to win a $100 bet and give Nitrogen $20.

This is after I ALREADY paid $20 to deposit my funds! What about that factor that everyone is forgetting?

So in fact, it's costing me now $40 to make a bet at Nitrogen. They need to bite the bullet on this one as I truly think it's a bad business move.

They are making a killing and I stand by what I said that this is a slap in the face to their loyal customers.

Sorry but seems you are forgeting that every bitcoin transaction needs a fee so miners will include your transaction in a block making in confirmed. Are you pointing here that since you are paying $20 to deposit money to them, they should cover withdrawal fees for you? Will that be fair to you? how about them? how many players are doing withdrawals daily? lets say 1000 withdrawals, then it will be $20,000 in bitcoin already. Do you think they will still be up and running if they are losing money just like that?

Minus7point5

jr. member

Activity: 191

Merit: 1

All I'm saying is that if Nitrogen wants to continue to think that they are the industry leader, they need to be willing to compromise with their reputable players.

It makes no sense for me to have to win a $100 bet and give Nitrogen $20.

This is after I ALREADY paid $20 to deposit my funds! What about that factor that everyone is forgetting?

So in fact, it's costing me now $40 to make a bet at Nitrogen. They need to bite the bullet on this one as I truly think it's a bad business move.

They are making a killing and I stand by what I said that this is a slap in the face to their loyal customers.

Topic: Nitrogen $20 withdrawal fee - page 5. (Read 905 times)