Can someone help? I'm trying to buy bitcoin with cc, and then deposit to ACR. The route suggested at the beginning of thread no longer works, you can't send with Circle. ACR suggested CoinMama, but they don't service my area. (CT, USA). Thanks

Coinbase is the exchange of choice of many now.

So now's the time to contact Coinbase, it would seem.

Thanks, I'm signed up, but my creditcards don't work for some reason

Most folks link their bank account to Coinbase.

Try bitstamp. They just recently started accepting cards. But you'll pay a fee somewhere in the 8% range for using their service (same service apparently as coinmama) not to mention if your cc charges you international/other fees

REC 5/15 ;

I'm looking to start playing on either ACR or ignition, I was reading somewhere online that coinbase can ban you for using your bitcoins for gambling? Just want to make sure nothing will happen to my coinbase account if I use it on either of these sites.

As long as you use a personal wallet between coinbase and poker site for your transfers, you should be OK. Blockchain is a wallet of choice for many. See post #1 in this thread. Substitute coinbase for circle.

I'm no longer a Bitcoin virgin. Quite painless!!!

Awesome method. Wish I had done it sooner.

Maybe I spoke to soon. Thought I was in the clear once my funds hit coinbase, but the transaction was only pending.

90 minutes later it is still pending and has 0 confirmations.

Is this normal?

i sent money from blockchain to acr about 20 hours ago
still unconfirmed
anyway to cancel it to resend with a higher fee?

Gonna guess you've searched this thread and other sites' deposit/payout threads by now. If so, then you're now aware this is normal if the miner's fee is too low. Google viabtc confirmation accelerator. This may be your friend. For future transactions, you can increase your miners fee by clicking on lower left hand box on your blockchain send page. If too confusing, see EndTheFed's posts in Bovada/Ignition payout thread. Worth their weight in gold.

You can't cancel a transaction, you need to wait for it to either go through or be rejected and returned to your wallet (48-72 hours). There is an insane amount of unconfirmed transactions so higher fees will get priority. In the future you can check bitcoinfees site (just google bitcoinfees its the first result) to see what the recommended fee is at the time. Also you can check how many unconfirmed transactions through blockchain (I just google unconfirmed transactions and its first). Gotta use rly high transaction fees now days :-/

My question: Can I do p2p transfers on ACR if I've only deposited via bitcoin and haven't played a ton of hands?

i am absolutely floored by how much time i wasted in the ACR live chat area. 5 different exchanges about the same topic and each time it was either a waste or they just stopped responding at some point. I hope one of you guys here in the forums can help.

How do i verify that the bitcoin rate im getting in my withdrawal is fair? One of the 5 people claimed they used the "coindesk price index". I went on coindesk and checked this with the rate in the deposit area in the client, and they didnt match. As far as I can tell, when you try to go to the bitcoin deposit area in the ACR cashier, you can input amount you want to deposit in either USD or BTC, and it autofills the other box depending on which you choose.

ie: if you write 1000 in USD box, BTC autofills to .5555 (based on $1800 price)
if you write 1 in BTC box, USD box autofills to 1800


Given all of this, i have questions relative to withdrawing via BTC method. When i go to the client and i request a BTC withdrawal, this autofill method doesnt exist anymore. There are only 2 boxes in the withdrawal area:

Enter an amount to withdraw (in USD)
Enter a bitcoin wallet address

How am i supposed to know how many bitcoins I will be receiving if i did 10k for example? There is no autofill as there is in the deposit section of the cashier, so its anyone's guess how many bitcoins you will actually be getting. This leaves the user with no way to validate that they are getting a fair amount of bitcoin. ACR could EASILY exploit this by just picking up any rate they want and collecting extra fees from their customers by giving them a worse rate than they should be. Why dont they just tell you straight away when you withdraw how many BTC you will be getting for the amount you are trying to withdraw? It is locked in right there and thats the end of it. It so way too easy to do that, so to me it seems very suspicious that they wouldnt do it right away.

Does anyone know their actual protocol for calculating the rate during the withdrawal? or at all? When is the rate locked in? At time of withdraw? At time of actual processing? At time of BTC being sent?

I have tried repeatedly to ask people in support these questions and they are useless. I dont know if many/all of them either dont understand bitcoin, english, or both (seems like very few of them english is their first language). PLEASE HELP ME!!!!

Because the price fluctuates greatly from day to day and it takes usually 2-3 days for them to process the transactions. If you cashed out $1800 and bitcoin was $1800 (1 BTC) on Monday and on Wednesday BTC was $1600 and you received $1600, I doubt you would be happy.

The rate is locked at time of processing/being sent. I've done many of these and in my experience they give the market rate at time its sent to my wallet. I've had no issues and haven't heard of any issues about this.

from Coinbase: https://support.coinbase.com/custome...ticles/2109597

I thought it was a flat 1.5% fee on a sale, and it does mention that number in the table for USA residents.

It states the base rate for all transactions is 4%: The base rate for all Purchase and Sale transactions in the U.S. is 4%. Coinbase waives a portion of the Conversion Fee depending on the payment method you use.

am i being charged 4% everytime i sell from coinbase to my bank? i dont think i ever have been. i pay attention to the fee and while i have never calculated an exact percentage of a fee, it has to be way closer to 1.5% than 4%, in the past times I have sold. i did check a fee today, 1.5%, so that's good

Last thing: today i log into coinbase, i know i had over $660 at the time, maybe like $664. I instantly go to sell. when i go to sell my subtotal dropped to $658.87, why? is this a fluctuation in btc? it does this every time!

ok, so to clarify they are obviously not locking the rate right when you request it right? also, do they use the same source of rate that they use for deposits? Fwiw, coindesk (if thats what they are actually using) is not a respected benchmark for btc price among the crypto space afaik. You said that the amount sent to you is at market rate at the time of processing. How exactly do you calculate that? When you get an email saying that your withdrawal has officailly been processed you check the market rate based on the email timestamp? Sorry for all the questions, but I think people are drastically underestimating the high likelihood ACR is pinching them a little at a time (mostly because people are so desperate to get their money off the site quickly). Even if they nickle and diming ppl for less than $100 at a time, theyre making a crap ton based on the amount of volume they do.

I don't know what price they use for bitcoin, but it matches with the price coinbase uses, at least on withdrawals. I've done a lot of withdrawals. Some are slightly higher, some are slightly lower, all have been within the range of where they should be based on bitcoins price fluctuation. They are not pinching people a little bit at a time with the price of bitcoin.

when depositing, once a bitcoin transaction is confirmed how long does it usually take them to credit your account?

Can someone give me the rundown on bitcoin to deposit? It seems like easiest method. Can I buy less than 1 bitcoin if I plan to deposit 400-600?

I've never purchased bitcoin so I have no idea about it. Transaction fees etc?

Post #1 of this thread. Substitute Coinbase for Circle. YouTube Bovada/Ignition Bitcoin Deposit/Withdrawal video. Substitute Coinbase for Circle.

requested 5/20

You can buy any amount of bitcoin, even if it's 0.00000001

Download the bitcoin wallet Electrum and send it to their from Coinbase. In Electrum you can turn "dynamic fees" on which automatically gives you the best transaction fee for a fast transfer.

Withdrawal was canceled yesterday