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Bitcoin Deposits and Withdraws Bitcoin Deposits and Withdraws

01-10-2016 , 11:25 PM
We want bitcoin back!!!!!
01-11-2016 , 12:08 AM
Quote:
Originally Posted by scubaste3ve15
We want bitcoin back!!!!!
+10000000
01-12-2016 , 03:44 AM
bring btc back!!
01-12-2016 , 09:43 AM
Let's hope that the scheduled maintenance will bring btc back...
01-12-2016 , 02:37 PM
Wpn rep helped me out like he said he would. Hopefully it's all fixed soon because it's by far best option.
01-13-2016 , 01:22 AM
I doubt if it will ever come back. Those big fees they charge U.S. players to cash out. Maybe they like to make a big profit on those cashouts. Bitcoin eliminates the excuse for them to charge the hefty fee.
01-13-2016 , 09:41 AM
well bitcoin is still not an option for me either... still haven't made a deposit onto the site again. They should really fix this issue... immediately its poor customer service to be lied to and give the run around when all we want is a simple answer. why dont some people have the option because we already know people have it. and when is it going to be back, just an estimated time frame...
01-13-2016 , 11:11 AM
Quote:
Originally Posted by bitstax17
well bitcoin is still not an option for me either... still haven't made a deposit onto the site again. They should really fix this issue... immediately its poor customer service to be lied to and give the run around when all we want is a simple answer. why dont some people have the option because we already know people have it. and when is it going to be back, just an estimated time frame...
I just explained to you why bitcoin cashouts will never come back. See above. They lie about it in order to get more people to believe that bitcoin cashouts will some day soon come back, so that they will stick it out with the site and not switch to Bovada.

What they probably haven't bothered to check is that Bovada's issues are even worse with more players swearing they won't come back at all, ever.

So, if they just checked on their competition (5 minutes of work), they would know that they don't even have to bother lying.
01-13-2016 , 11:16 AM
Quote:
Originally Posted by WPN_REP
yes, rest assured that bitcoin will be back as a withdraw method soon
Do you see what I mean about the lying? The rep's post was 9 days ago, promising that it would be "soon" when that withdraw option will be re-instated. The amount of time that has passed since the 4th of January when the OP made the original post does not meet the modern definition of the word "soon".

Therefore, by the process of elimination, the only explanation to the Op's original post is that it was a lie.
01-13-2016 , 12:11 PM
Your process of elimination is incomplete. There are other possibilities you have not eliminated.
01-13-2016 , 12:24 PM
Quote:
Originally Posted by zingbust1
Those big fees they charge U.S. players to cash out. Maybe they like to make a big profit on those cashouts. Bitcoin eliminates the excuse for them to charge the hefty fee.
Yeah... just one problem with this "theory". They offer 1 free cash out by check per month. Max check is $2995, so technically you can cash out just under 36K/year for free, without bitcoin.
01-13-2016 , 01:39 PM
Quote:
Originally Posted by fearpermeation
First of all, what % of players depositing their money on the site come up with $2995 a month to cash out? Probably the same as winning the powerball tonight.
It's not like you need to make a max withdrawal to qualify for a free check.
01-13-2016 , 03:58 PM
Quote:
Originally Posted by Max Cut
It's not like you need to make a max withdrawal to qualify for a free check.
That too, apologies if I wasn't clear... it's 1 free check per month of any size between the min and max. I think the minimum is $25 off hand.
01-13-2016 , 07:58 PM
Made a bitcoin withdrawal request today, approx 12:00 PST
Received at approx 3:45 PST

I play on True
01-13-2016 , 09:58 PM
i just downloaded the circle app and went to add my bank account to and its asking me for my bank logon and password. wtf? what site asks for that info? why would i give them my personal banking info like that? sounds sketchy to me
01-13-2016 , 10:38 PM
i just downloaded the circle app and went to add my bank account to and its asking me for my bank logon and password. wtf? what site asks for that info? why would i give them my personal banking info like that? sounds sketchy to me
01-13-2016 , 11:23 PM
Quote:
Originally Posted by zingbust1
I just explained to you why bitcoin cashouts will never come back. See above. They lie about it in order to get more people to believe that bitcoin cashouts will some day soon come back, so that they will stick it out with the site and not switch to Bovada.

What they probably haven't bothered to check is that Bovada's issues are even worse with more players swearing they won't come back at all, ever.

So, if they just checked on their competition (5 minutes of work), they would know that they don't even have to bother lying.
You have absolutely no idea what you're talking about. It costs gambling sites something like 10% of the money deposited just to process transactions - I've heard that number thrown around even by sites that don't serve grey markets like the U.S.

It's ridiculously expensive due to all the middle men that tend to be involved, and even worse when you need to use processors willing to serve "questionable" markets like gambling (especially for the U.S.)

Services like Wetsern Onion/Moneygrim charge insane fees even for normal person to person transfers. It's only an option for people without a better choice.

WPN wants people to use Bitcoin because it's by far the cheapest option for them. If they did the processing themselves, it could cost less than .5% fee each way, but I'd guess they still probably have someone else handle the processing for them (which may be why withdrawals are down now, if a processor decided to stop working with them.)

Quote:
Originally Posted by gfunk1974
i just downloaded the circle app and went to add my bank account to and its asking me for my bank logon and password. wtf? what site asks for that info? why would i give them my personal banking info like that? sounds sketchy to me
They might have another verification option if you look/ask them for it, the standard one historically is that they'd send like 2 very small deposits to your account (like 3 cents each), then you tell them how much the deposits were. But i'm not 100% sure on that.
01-14-2016 , 09:10 AM
Makes one wonder tho.... how they can keep accepting bitcoin deposits if the processor is down, but be unable to payout bitcoin.......
01-15-2016 , 12:00 AM
Quote:
Originally Posted by Dr. Reality
Makes one wonder tho.... how they can keep accepting bitcoin deposits if the processor is down, but be unable to payout bitcoin.......
I'm guessing, but it seems they needed to figure out a way to make having BTC withdrawals in the cashier more safe so hackers couldn't clean you out with no way of getting caught.

BTC disappeared not long after the hack thread and they still process them by email request, so what else would it be?
01-15-2016 , 03:55 AM
Guess nobody read my post. I've had two successful bitcoin withdrawals in the past 2 days
01-15-2016 , 04:47 AM
Quote:
Originally Posted by kloman22
Guess nobody read my post. I've had two successful bitcoin withdrawals in the past 2 days
does it show as a withdrawal option or did u have to talk to support? if it was an option on what skin?

Last edited by ottograph; 01-15-2016 at 05:01 AM.
01-15-2016 , 08:24 AM
Quote:
Originally Posted by CallYouWin
I'm guessing, but it seems they needed to figure out a way to make having BTC withdrawals in the cashier more safe so hackers couldn't clean you out with no way of getting caught.

BTC disappeared not long after the hack thread and they still process them by email request, so what else would it be?
Thanks, I am new to WPN and i didnt realize they still process bitcoin wd by email.
01-15-2016 , 01:04 PM
Quote:
Originally Posted by PaulyJames200x
How long has bitcoin withdraws not been there for? I read its been quite a while. Did they process bitcoin deposits during this time?


The last time i played on wpn was a while back and they had bitcoin for deposit/withdraw.


Another thing i wanted to know. But when you deposit bitcoin, do they give you the actual rate when depositing? For example say bitcoin is $300. I think last time i deposited $2000 and it says to send 6.xxxxxxxxx amount of btc but it was more like $2010 or $2020 or so. So basically there is a fee for depositing using bitcoin? Even when i withdrew bitcoin, it seemed like theres a pretty small fee. I think its like a spot rate fee as its called but its like 1% or so? Because when it says to type x amount of btc, i went to google and the amt of btc they ask you to send to their bitcoin wallet is usually higher than what google has it. I do believe they use the average of the bitcoin prices but wanted to know if there are fees or not when withdrawing or depositing because it seems like a small 0.5 or 1% fee.


Can anyone answer this?
01-15-2016 , 01:06 PM
Quote:
Originally Posted by kloman22
Guess nobody read my post. I've had two successful bitcoin withdrawals in the past 2 days

How do you have bitcoin withdraw as an option? I checked my acct and see bitcoin as deposit option but not withdraw option like most people.
01-15-2016 , 04:39 PM
Quote:
Originally Posted by ottograph
does it show as a withdrawal option or did u have to talk to support? if it was an option on what skin?
Yes, Bitcoin shows in my cashier as an withdrawal option. Just made my 3rd request this week. Waiting for it to go to my blockchain acct now. First one took maybe 4 hours, second one took less than 3.

I play on True.

I had to talk to someone in chat and send them copy of my license, CC's I deposited with and a bill and the CC authorization forms. After that my account was "verified" gave them my blockchain address via email and since then its been an option in my cashier.

I guess I'd just suggest talking to someone in the chat and asking for it as a withdrawal option and go from there.

      
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