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Bitcoin Deposits and Withdraws Bitcoin Deposits and Withdraws

06-14-2016 , 12:37 PM
Hey guys! I made a cashout via skrill and i was told it was gonna take ages by the support and i should use Bitcoin Instead. I read some stuff about my account being banned if i withdraw too much. I withdraw around 3k to 5k$ a month. Should i beware of anything? Any tips or is it straight forward? Thanks a lot for your help.
06-14-2016 , 03:48 PM
hey guys I need quick clarification on something with Coinbase!

I have a fully verified Coinbase account including a verified USD wallet.....I'm needing to INSTANTLY purchase bitcoin today. I know about the knew Debit card option but there is a 3.4% fee.

So my question is....how long will it take to transfer money from my verified bank account into my USD wallet??? I know once I have funds in my USD wallet I can make instant purchases of BTC, but how long for the funds to go between my bank and USD coinbase wallet?

Thanks
06-14-2016 , 05:11 PM
add a debit or credit card to your coinbase account for deposit or else it will take 7 days to receive your bitcoin.
06-14-2016 , 05:22 PM
Quote:
Originally Posted by nee
Just to explain how a trade works there. Let's say I had that 3k cashout and just got it. I'd transfer it to my lbc account and look for a buyer. The price right now is 678. I just looked and one of the people I sell to is buying at 680. I would open a trade with him for those coins for a cash deposit and my coins go into escrow. He has whatever window of time he set in the ad to make the deposit. Usually 1-4 hours. After he makes the deposit he sends me a copy of the deposit slip and I verify with my bank that the deposit was made and is available. Then I release the escrow and he gets the coins.

Why do I feel comfortable trading with him? He has over 3000 trades with over 2000 partners and 100% feedback. His identity, email, and phone number have all been verified by lbc. I would be hesitant to trade with someone who does not have a large volume of trades but have done it for smaller amounts.

I can understand someone being hesitant to use lbc if they never have. But there is nothing '******ed' about it. If you sell a high volume of bitcoins and can't show where you got them from the other exchanges are not a reliable option.
I don't understand why he is buying at $680 if he can buy them for $678 elsewhere. What am I missing here?
06-14-2016 , 05:41 PM
Quote:
Originally Posted by Online Veteran
I don't understand why he is buying at $680 if he can buy them for $678 elsewhere. What am I missing here?
He can turn around and sell them at a 15-20% markup to people who can't or won't use exchanges like coinbase or circle. I would never use localbitcoin to buy, the prices are high. But, I'm able to sell for higher on there to the traders who need a large amount of bitcoin. Coinbase doesn't like them either. If they see you buying coin and transferring to lbc, they will lock your account.

Another reason people will bid higher than market price is to get the deals done. There are plenty of people with adds up for less, but they're not going to get much business.

I'm looking now, price on blockchain is 685. The best price I see to buy on lbc with cash is 713.90 and I'm seeing it up to $742 on the first page. For selling the best price I see is $707 with a lot in the 676-686 area.
06-14-2016 , 05:47 PM
Thanks for the explanation.
06-14-2016 , 07:22 PM
Guys, Im from Portugal and i can´t link my bank account to circle.. So it means i can´t withdraw from there? Anyone knows what else can i do?
06-14-2016 , 07:30 PM
Quote:
Originally Posted by oly0812
Guys, Im from Portugal and i can´t link my bank account to circle.. So it means i can´t withdraw from there? Anyone knows what else can i do?
Coinbase? I know they do a lot of the EU. Also cex.io
06-14-2016 , 08:22 PM
Great, coinbase works. So I only need to create an account @blockchain then send the bitcoins to Coinbase. Sell the bitcoins and send it to my bank account? Should i beware of withdrawing too much money to coinbase or something?
06-14-2016 , 10:10 PM
Anyone has issues using Coinbase ID method? They keep refusing the pictures
06-15-2016 , 11:07 AM
Quote:
Originally Posted by WFKS
1-4 days. Mine took 2
How do you convert bitcoin to fiat currency without using a site like coinbase that flags your account?

Sent from my Nexus 5X using Tapatalk
06-15-2016 , 12:02 PM
Quote:
Originally Posted by oly0812
Anyone has issues using Coinbase ID method? They keep refusing the pictures
I had the same problem and could never get it to work (they won't accept a scan of the ID, so it must be done this way) I gave up as they also charge a 3% fee, and from what I have the read the max./day is something like $40 worth of BTC... sticking with Circle
06-15-2016 , 06:21 PM
Sorry for the stupid question, but i'm a nooby with bitcoins, so it would be nice if someone could directly tell me what to do :O

In the first post of this thread, it gives an example :
'' Deposit: Bank Account -> Circle -> Blockchain -> Poker''

My question is what would be the perfect combination for a canadian (montreal) player, what websites should i create an account with in order to deposit and withdraw with bitcoins. Will i be able to use my TD visa debit unstead of a credit card?

Thanks a ton
06-16-2016 , 05:44 AM
ACR

Requested: 6/13
Received: 6/15

+50 Tournament bucks as bonus for using Bitcoin for the first time.
06-17-2016 , 05:30 AM
Hi, I would like to withdraw money from BCP(or WPN). I would like to know a few things before i make a final decision.

1. Realistic I just want my money, but is it safer(resident of the U.S.) to get it through bitcoins and go through the ordeal of making a circle/blockchain accounts?
2. What can I censor on my driver's license when I send to verify my account?
3. After verification, how long till I can withdraw?
4. Should I withdraw through bitcoin or paper check(I want to note that I'm probably only going to withdraw 2 times maximum)?

Any help would be much appreciated!
06-17-2016 , 02:15 PM
two straight bitcoin withdrawals declined, each after 2-3 days pending.

1st one i get an email saying they only will send to a specific bitcoin address one time (must be new rule or a lie)

2nd one i get an email to confirm the cashout later that day. i confirm it. today it gets cancelled again. no email explanation...

talk to support. worthless. no idea what is going on. typical though.

good stuff.
06-18-2016 , 11:15 PM
Bitcoin cashout for 3+ btc from BCP took under 48 hours. Bravo.
06-20-2016 , 12:26 PM
Hello, I made a bitcoin deposit for my 3rd time. It's been over a half hour and the money still hasn't shown up on my poker balance on ACR? Should I be worried?
06-20-2016 , 01:56 PM
Quote:
Originally Posted by AGx19
two straight bitcoin withdrawals declined, each after 2-3 days pending.

1st one i get an email saying they only will send to a specific bitcoin address one time (must be new rule or a lie)

2nd one i get an email to confirm the cashout later that day. i confirm it. today it gets cancelled again. no email explanation...

talk to support. worthless. no idea what is going on. typical though.

good stuff.
I am a first time Bitcoin user and I have had the exact same issue with two failed Bitcoin withdrawals. I did not read these forums first before setting up my accounts and I did not know to create two accounts so I was trying to withdraw straight to coinbase. I will attempt to do it to blockchain and then send the money coinbase 4 withdrawal unless someone has a better suggestion. Any help would be greatly appreciated as I would like to have my funds before July 1st because I want to play in the $888 WSOP event

I just thought of a good question to ask for you experienced Bitcoin users. If I were to cash out only to blockchain and left the Bitcoins on the wallet and cash to fly to Vegas could I just find a Bitcoin ATM and make a withdrawal using my blockchain wallet or do I need Bitcoin ATM card?

Last edited by Pizzioot; 06-20-2016 at 02:21 PM.
06-20-2016 , 07:53 PM
BCP

Requested: 6/17
Received: 6/20
06-20-2016 , 09:02 PM
BCP

Req - 6/18
Rec - 6/20
06-22-2016 , 09:57 PM
I was just told support that bitcoin withdrawals take 4 days.
"Anthony F"
Then he told me they are normally processed the next day but are subject to a 15 day review. when I asked to a link about the 4 days thing.
"Then he said "Ok, 15 business days."

Anthony F:
Is stated in the withdraw information in the website.

20:51aFritz:
why does it take 4 days?

20:52Anthony F:
That's how long it takes.

20:52aFritz:
for what? can you link me to that please?

20:53Anthony F:
*Under normal circumstances, payouts are processed the day after they are requested, however all payouts are subject to review, and may take up to 15 business days to process. Read more at: https://americascardroom.eu/play-pok...your-winnings/

20:53aFritz:
so why would you tell me 4 days then?

20:55Anthony F:
Ok, 15 business days.

20:55aFritz:
so you're just being a smartass basically?

20:55Anthony F:
May I help you with something else?

20:55aFritz:
Can I talk to your supervisor please

Anthony F:
Call us at 1-877-314-4195 to speak with a supervisor.

20:57Anthony F:
Please feel free to contact us again if you have any further questions or concerns. Have a good one!

worst customer service I have ever seen in my life. Just another example
06-24-2016 , 10:41 AM
I submitted a bitcoin deposit, but accidentally skipped a decimal point on the transaction fee so it's taking a long time (over 36 hours at this point). Does anyone know what happens in this situation? Do I still get credited automatically when it finally goes through?
06-26-2016 , 04:57 PM
What is everyone's experiences with the bitpay card? I made two loads from my blockchain account to test it out. I "added funds " sent the amount of bitcoin it told me to send by copy and pasting the amount. They told me I underpaid by a small amount so I sent the amount they told me to and then the whole transaction timed out and they said if they found the transfer it would be sent bck to my refund adress . About an hour later I got an email saying the money was added to my bitpay card? Is it normal for the transaction to timeout and it take an hour to recieve funds?
06-26-2016 , 07:11 PM
Unknowingly attempted 2nd BTC deposit 6/21 from blockchain before blockchain funds were confirmed. Funds not confirmed until 6/23 and deposit re-submitted by blockchain automatically. After 3 Live Chat sessions, 2 of them today, funds were credited to my account. Hats off to Customer Support Reps Steve E. and Nicole P. Thank you.

      
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