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Old 05-15-2015, 11:28 AM   #301
idun215
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Re: Bitcoin Deposits and Withdraws

oh okay thank you guys
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Old 05-15-2015, 01:15 PM   #302
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by dark_horse View Post
Make sure to always use a fresh address when withdrawing from gambling sites. And for that matter when moving from circle to blockchain.
Quote:
Originally Posted by EndTheFed View Post
In your Blockchain wallet you'll click on the "Recieve Money" tab, and there will be a list of all of the addresses you control. At the bottom of the list is a green button that says "New Address".

You can generate as many new addresses as you want, and give them labels to help keep track.

And if you want to clear an old one off the list there's an "Actions" dropdown... selecting "Archive" hides it from the list, but you still control it and can bring it back.
I (as a complete BTC newb) was under the impression that using two wallets in the interim from bank <> ACR would be enough to avoid unnecessary attention. Maybe this info could be merged into the instruction post at the beginning of the thread?

Also, I've made two BTC deposits via Circle>Blockchain>ACR and both went through in about half an hour or less. It honestly took me longer to set up the accounts and remember the passwords than it did to get up and playing.
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Old 05-15-2015, 01:29 PM   #303
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by Buckminster View Post
Maybe this info could be merged into the instruction post at the beginning of the thread?
^This
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Old 05-15-2015, 02:12 PM   #304
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Re: Bitcoin Deposits and Withdraws

Someone help me out here. I received a withdraw to block chain, and I have set up my circle.com account. How don't get the BTC form blockchain to circle? I don't see an address for my circle account to send from blocchain.Sorry my time.
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Old 05-15-2015, 04:06 PM   #305
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Re: Bitcoin Deposits and Withdraws

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Originally Posted by FullF8rce View Post
Someone help me out here. I received a withdraw to block chain, and I have set up my circle.com account. How don't get the BTC form blockchain to circle? I don't see an address for my circle account to send from blocchain.Sorry my time.
request money, on the upper right of the web page. not sure where it is in the app exactly
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Old 05-15-2015, 07:29 PM   #306
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by Buckminster View Post
I (as a complete BTC newb) was under the impression that using two wallets in the interim from bank <> ACR would be enough to avoid unnecessary attention. Maybe this info could be merged into the instruction post at the beginning of the thread?

Also, I've made two BTC deposits via Circle>Blockchain>ACR and both went through in about half an hour or less. It honestly took me longer to set up the accounts and remember the passwords than it did to get up and playing.
Yeah, you did it right.

Now the next time you deposit/withdraw you'll just click to generate a new address in your Blockchain wallet as the one to pass thru.

You can think of those bitcoin addresses as being disposable, use them once and then discard them.
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Old 05-15-2015, 07:42 PM   #307
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by FullF8rce View Post
Someone help me out here. I received a withdraw to block chain, and I have set up my circle.com account. How don't get the BTC form blockchain to circle? I don't see an address for my circle account to send from blocchain.Sorry my time.
on web page click ur name in the upper right go down "get address"
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Old 05-15-2015, 07:48 PM   #308
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Re: Bitcoin Deposits and Withdraws

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Originally Posted by EndTheFed View Post
You can think of those bitcoin addresses as being disposable, use them once and then discard them.
But always keep a backup of the wallet or private keys. People have sent bitcoin to old addresses by mistake, only to find they no longer can access the funds. This is especially a problem with a site like WPN which saves old addresses on their withdrawal page (they should stop doing this, it's poor security practice).
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Old 05-16-2015, 09:43 AM   #309
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by Winning_TD View Post
Bitcoin is the nuts for poker transactions. Instructions for Bitcoin transactions.

What you need:

1. An account at blockchain.com

Creating your account at blockchain is quick and easy. They will provide you with a specific link for your login.


2. An account at at bitcoin wallet like circle.com or coinbase that will link to your bank account.

I'll use circle.com as an example. Circle has no fees for transactions; Coinbase has some fees. Creating an account at Circle is also easy, but linking your account to your bank will take a few days. You'll need to provide pictures of your face and ID (very easy to do via their phone app). You'll also need to verify a couple small deposits they will make to your bank account.


Once you've completed these two steps, you're ready to use bitcoin for transactions at WPN.

You create two bitcoin accounts because it's best to use blockchain for transactions with WPN. Then use circle for transactions with blockchain. So, it looks like this:

Deposit: Bank Account -> Circle -> Blockchain -> Poker

Withdraw: Poker -> Blockchain -> Circle -> Bank Account


You may also wish to explore a Bitcoin ATM card.
This method still works for the majority of people here right?
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Old 05-16-2015, 01:46 PM   #310
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Re: Bitcoin Deposits and Withdraws

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Originally Posted by BrainJail View Post
This method still works for the majority of people here right?
Deposit side worked for me since i set up like 2 nights ago havent done a withdrawal yet but i don't see why it shouldn't.
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Old 05-16-2015, 02:18 PM   #311
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Re: Bitcoin Deposits and Withdraws

Thanks idun215
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Old 05-16-2015, 03:17 PM   #312
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Re: Bitcoin Deposits and Withdraws

Requested a small withdrawal as I'm getting used to bitcoins. Didn't receive any, Customer Service told me they don't do any cash outs on weekends.

Can anyone confirm that, even for bitcoins?
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Old 05-16-2015, 03:29 PM   #313
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Re: Bitcoin Deposits and Withdraws

The stated policy on the request page is Monday thru Friday from 7AM to 11PM (ET), although I have heard of at least one going thru on the weekend. I did a late Friday request once and it showed up on Monday.
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Old 05-16-2015, 03:58 PM   #314
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by Winning_TD View Post
Bitcoin is the nuts for poker transactions. Instructions for Bitcoin transactions.

What you need:

1. An account at blockchain.com

Creating your account at blockchain is quick and easy. They will provide you with a specific link for your login.


2. An account at at bitcoin wallet like circle.com or coinbase that will link to your bank account.

I'll use circle.com as an example. Circle has no fees for transactions; Coinbase has some fees. Creating an account at Circle is also easy, but linking your account to your bank will take a few days. You'll need to provide pictures of your face and ID (very easy to do via their phone app). You'll also need to verify a couple small deposits they will make to your bank account.


Once you've completed these two steps, you're ready to use bitcoin for transactions at WPN.

You create two bitcoin accounts because it's best to use blockchain for transactions with WPN. Then use circle for transactions with blockchain. So, it looks like this:

Deposit: Bank Account -> Circle -> Blockchain -> Poker

Withdraw: Poker -> Blockchain -> Circle -> Bank Account


You may also wish to explore a Bitcoin ATM card.
And so Circle is an exchange (where I can swap BTC for USD, and USD for BTC), and Blockchain is just a wallet, to send, store, and receive BTC.....correct ?

What are other examples of BTC/USD Exhanges ? (MT Gox was one but they are gone ? ) (Coinbase was/is one....correct ? others ?) Same question for Wallets ? Are there other good Wallets for a poker players purpose ?

Should I presume Circle & Blockchain are currently best options ?

I would also like to know more about a Bitcoin ATM card ?
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Old 05-16-2015, 05:38 PM   #315
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by Max Cut View Post
The stated policy on the request page is Monday thru Friday from 7AM to 11PM (ET), although I have heard of at least one going thru on the weekend. I did a late Friday request once and it showed up on Monday.
I actually got it anyway a little while ago.

Gotta say so far Bitcoin withdrawals seem like the nuts.
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Old 05-16-2015, 10:00 PM   #316
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by ZenForest View Post
And so Circle is an exchange (where I can swap BTC for USD, and USD for BTC), and Blockchain is just a wallet, to send, store, and receive BTC.....correct ?
Yep, you got it.

Quote:
What are other examples of BTC/USD Exhanges ? (MT Gox was one but they are gone ? ) (Coinbase was/is one....correct ? others ?) Same question for Wallets ? Are there other good Wallets for a poker players purpose ?

Should I presume Circle & Blockchain are currently best options ?
Yeah, Coinbase and Circle both work the same way. The only real difference is that Coinbase charges a 1% fee and Circle doesn't. But they are both the easiest and cheapest options.

There are other options for wallets and different people have different preferences... but for this purpose of just creating a new address to pass thru I still think Blockchain is a good choice.

I'm hesitant to give too many options because I don't want to overwhelm and make it more confusing than it needs to be for someone that has never used Bitcoin - but if you really want to compare different wallets you can find more info at Bitcoin.org


Quote:
I would also like to know more about a Bitcoin ATM card ?
I'm not exactly sure what they meant by ATM card. They might have been referring to the Xapo Bitcoin debit card... but as of the last I've heard they are not able to ship those to the US.

You can search to see if there is a Bitcoin ATM in your area. Some machines only sell bitcoin, and others will buy from you and give cash. The fee is higher, usually around 5%, but it is an option if you want to buy/sell instantly.
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Old 05-16-2015, 11:57 PM   #317
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Re: Bitcoin Deposits and Withdraws

Quote:
Originally Posted by ZenForest View Post
And so Circle is an exchange (where I can swap BTC for USD, and USD for BTC), and Blockchain is just a wallet, to send, store, and receive BTC.....correct ?

What are other examples of BTC/USD Exhanges ? (MT Gox was one but they are gone ? ) (Coinbase was/is one....correct ? others ?) Same question for Wallets ? Are there other good Wallets for a poker players purpose ?

Should I presume Circle & Blockchain are currently best options ?

I would also like to know more about a Bitcoin ATM card ?
I am currently waiting to receive a Bitcoin ATM/Debit Mastercard, site says 10-15 days for North America and I will report on it when/if it arrives, after using it. According to the website it still takes 3 days to load the actual money amount on the card, I'm hoping I'm misunderstanding that part though. Either way I guess it's still a potential option for anyone that doesn't want or have a bank account to link for withdrawal.

Aside from the wait to receive the card and for the actual money from Bitcoin conversion to load, there's also the issue with fees associated with the card vs none to very little using Circle or Coinbase. To order the card cost me 0.03 BTC/$7 and change, which they will refund if you load 5BTC, also the main displayed fees are 1% (or a minimum of 3 USD) for ATM withdrawal, Point of Sale transactions are free and a 1.5% Currency Conversion Fee, which I presume is for converting BitCoin into cash to load on the card.

After typing that out, it seems rather apparent it's far better to use a service like Circle or CoinBase to transfer money to a bank account, if possible.
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Old 05-18-2015, 01:43 PM   #318
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Re: Bitcoin Deposits and Withdraws

Just did my first Bitcoin deposit and it is easier than it looked. My BOA bank account automatically verified and I was ready to go. Very impressed.
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Old 05-19-2015, 01:31 PM   #319
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Re: Bitcoin Deposits and Withdraws

i feel like i should have read this thread so long ago. Some people broke it down so easily hopefully this helps me
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Old 05-21-2015, 11:32 PM   #320
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Re: Bitcoin Deposits and Withdraws

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Originally Posted by Thinking Out Loud View Post
I tried that too, putting in the exact amount of bitcoin vs the dollar amount, same result at that time, message about trying to withdraw more than the available balance. Maybe others will be okay taking every last penny out but I wasn't and it apparently caused my account to be flagged or whatever for review due to being overdrawn or attempting to overdraw. Just wanted to give others the heads up and hope it helps them avoid a potential similar issue.

Also, yes, I was able to withdraw $25 back to my wallet, I just left the $0.24 in the Circle account, which they will close for good at some point shortly.
Sounds like maybe a mining fee put you over the draft.
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Old 05-22-2015, 05:37 PM   #321
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Re: Bitcoin Deposits and Withdraws

Moved a test amount from WPN to Blockchain to Circle to my bank account. Took a handful of days but no problems. When I withdrew from Circle I made sure to keep a few pennies in the account to avoid what Thinking Out Loud went through. Probably good practice moving forward from any wallet.
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Old 05-22-2015, 05:42 PM   #322
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Re: Bitcoin Deposits and Withdraws

Roughly about 10k rqsted on 19th have half other half thru circle waiting on bank good to go
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Old 05-23-2015, 07:02 PM   #323
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Re: Bitcoin Deposits and Withdraws

How noob friendly is this for withdrawals? Would I be better off requesting a cheque or eating a bunch of $$ in Western Union fees? Looking to withdraw a bit over 1k
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Old 05-23-2015, 07:20 PM   #324
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Re: Bitcoin Deposits and Withdraws

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Originally Posted by berry1 View Post
How noob friendly is this for withdrawals? Would I be better off requesting a cheque or eating a bunch of $$ in Western Union fees? Looking to withdraw a bit over 1k
its really simple i even downloaded both circle and blockchain apps to my iphone so i can do transfers from my phone once the money hits my blockchain
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Old 05-24-2015, 12:49 AM   #325
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Re: Bitcoin Deposits and Withdraws

Do bitcoin berry1. Esp for bigger amount. Super easy
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