I don't think you quite understand. Lets say I withdraw my bitcoin at a certain price - lets say $6k - and then 72 hours later that withdrawal is finally "processed" and the BTC is sent. I receive my BTC in my wallet at whatever price BTC is at 72 hours from now. And, yes, this could work in my favor. It's just very unpredictable.

tl;dr: when I schedule a withdrawal I often need to wait like 48 hours. I have no access to my funds at that time. I just have to hope that BTC dips a little during that 48 hour window whenever they process it.

I'm talking about measuring your wins/losses in bitcoin, not in USD.

I understand the USD amount is the same, but the BTC amount is not. If I transfer $500 of BTC to my wallet when BTC is $6k is very different from receiving the $500 in my wallet when BTC is $3k.

Yeah, I'm lost. Can you explain why you care what the BTC price is at any point other than from the time you receive it to the time you convert it back to $? All that should matter to you is that you are able to quickly convert that BTC back into $ without losing on the $ amount you withdrew from the site.

You think the vast majority of people care how bitcoin they are getting when they cash out from ignition?

I send BTC to ignition and ignition sends me back BTC. That's ultimately what I'm concerned about. In the 2 days or so it takes them to actually get around to sending the bitcoin back to my wallet the bitcoin price can fluctuate substantially and that's concerning to me.

Well... they should. Lets say in early 2017 you send 1 BTC to ignition (worth roughly $1k at the time) and you end up winning $100. Awesome, right?

By the end of 2017 bitcoin was $20k. You should have just held.

Congratulations, you've turned 1 bitcoin into like .05 bitcoin if you were to buy back in at $20k. Well done!

You still win $100 USD though. Nice, right?

What are you talking about? It only matters what bitcoins does if you keep it in btc. How are u this clueless?

it matters for bitcoin holders.

if you dont hold bitcoin i don't care. if you want to ignore an asset which has gone up like 1000000x since its inception then you do you.

You are lost...earlier you were concerned about 48 hours for transaction to go through and now you are a holder? This has nothing to do with cashouts as it won't fluctuate much in 10-15 min to convert to cash. You just don't understand and aren't worth my time

And regardless it has nothing to do with the poker play. Poker is done in cash, not btc. So you make money in cash. If you want to be a holder, this has nothing to do with that and go chat in crypto chats...

it can be 48-72 hours before the cash withdrawal gets converted back into bitcoin by ignition and sent back to your wallet (the actual process itself is very quick if you've ever sent bitcoin.) in that 48-72 hour window the price of bitcoin can fluctuate considerably. that is my concern.

You get it at the current price when they process the transaction. If you withdrawal at noon on tues and it gets processed at noon on Thursday, u get it at the price of BTC on Thursday noon. It has nothing to do with what price was Tuesday at noon. Once its processed you get email and you can go through steps to convert to cash and it won't take much more than 10 min. Thats the only time you have to worry about fluctuation. You obviously aren't familiar with the cashout procedure

I am talking about profits in bitcoin not USD.

It can lead to situations - like the one that I'm in now - where I'm up in USD but I'm actually down in BTC terms because bitcoin has gone up. In other words, it would have been better had I just held the bitcoin in my wallet.

That has nothing to do with poker play. Then keep the ****ing bitcoin and don't play poker. Christ, you are dumb. Go do crypto chat

OK now I got you. You're bullish on BTC. I obv thought were initially concerned for people losing $ while waiting on their withdrawals and before they could convert it back.

Yeah, I think most poker players just prefer to use it as way to perform quick and easy transactions with poker sites instead of speculating on something so volatile.

The reason you don't see it discussed very often is because the speculation of crypto is discussed in the BFI forum instead of the forums dedicated to poker.

If you'd rather speculate with bitcoin then don't send large amounts of your holdings to a poker site where it's going to be in limbo for extended periods of time.

Better yet, just play at a poker site like SwC that uses Bitcoin at their tables. I think there's a few other sites that do too.

Yes, we all get what you are talking about, we just all think it is a completely ******ed complaint. You aren’t a holder if your money is on a poker site and not in bitcoin.

You aren't forced to speculate on btc. That is what you are choosing to do. I go cash->btc-> cash and don't have to worry about btc fluctuations, unless there is some crazy 10 minute crash. You have the same option.

Where did I say that I had all of my bitcoin on ignition?

Yes, I choose to do it. It's a way to hedge risk because while I hold BTC and benefit from price increases on the other hand if it goes down I can scoop it up cheap when withdrawing from the poker site and come out ahead in BTC terms.

This has to be some type of troll. Cash sitting in poker account is no different than cash sitting in checking account. Use checking account to buy BTC when its cheap. You are unbelievable.

I love how aggressively stupid you are. I know I could always buy BTC when it's cheap, but if we're talking about actually managing an established position in BTC it's different. I would rather earn BTC through trading/shorting then just keep buying (but I will still buy from time to time.)

You are the moron. Money in poker account is no different than money in checking account. If you use credit card to deposit its no different, and its no different using btc to deposit. No one here can help stupid, we all feel sorry for you

I'm trying to start an ACR account and get the 200% crypto deposit bonus - I bought $1k of BTC on coinbase and during the 3 day waiting period to receive it, it depreciated to $930. Yay.

Now it says I can't send the funds to my ACR account FOR 11 DAYS. FML.

Can someone please tell me what's the fastest, easiest, &/or cheapest way to accomplish my goal here?

I tried buying BTC "instantly" on xcoins but was declined every time (Idk if this is bc I live in MD?)

any advice is appreciated!! thanks in advance

Pro.coinbase.com is much better, lower fee, .5% fee for buying bitcoin there. It takes a few days from bank to get there and then it is cash there so no fluctuation in bitcoin. When you are ready you instantly buy bitcoin there. Then withdraw it to your blockchain account. Once cleared there you send to ACR. Always to blockchain 1st.

Are there any other options to instantly buy BTC with a low fee and no 72 hour bank waiting period?

How exactly do I send money from coin base to block chain? I signed up for coin base and funded my account. How do I then move money from cb to block chain ? Both sites look foreign af to me