[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread - Page 462 - Online Poker Sites -- Two Plus Two Poker Forums

It is strange. I just cancelled the cashout. I sent myself a tiny BTC payment to that address and it went well. Then my blockchain account created a new address like it is supposed to. Went back to withdrawal page and used new code. Once again told it is an invalid code. Fired email to support.

Quote:

Originally Posted by lowkey12345

im having the same issue, please let me know when you find out whats going on. thanks

It's possible that when you are copy/pasting your bitcoin address you are including a blank space before or after the address. Merge will say it's invalid because the # of characters is not correct.

Quote

01-23-2017 , 01:07 PM

#11528

justwaiting4stars

newbie

Join Date: Mar 2015 Posts: 41

Y'all seem pretty informed with what is going on in the poker world. So I'll just ask my question here. Are you guys doing taxes on poker withdraws? I've never received a 1099 or w-2 from any website.

Quote

01-23-2017 , 01:15 PM

#11529

surf doc

adept

Join Date: Jan 2013 Posts: 988

Quote:

Originally Posted by matt0216

It's possible that when you are copy/pasting your bitcoin address you are including a blank space before or after the address. Merge will say it's invalid because the # of characters is not correct.

Wow, silly but yes. This solved it. When you line up the cursor at the far left and paste the code, it automatically put it 2 spaces to the right. I manually backspaced and it cleared the error message. Thanks!

Quote

01-23-2017 , 01:30 PM

#11530

matt0216

grinder

Join Date: Jun 2010 Posts: 421

Quote:

Originally Posted by justwaiting4stars

IRS doesn't care how your income is derived or whether you receive a 1099 for it or not; they want their cut regardless. Maybe you will never get called on it, but if you are, it'll be an expensive mess to sort out. So yes, of course you should be paying taxes on your gambling winnings* (not just withdrawals).

Quote:

Originally Posted by surf doc

No problem.

Quote

01-23-2017 , 01:54 PM

#11531

justwaiting4stars

newbie

Join Date: Mar 2015 Posts: 41

Not sure if this has been answered , but it's been a week now and blockchain won't generate a new id to receive money. And the website I'm using won't let me use the same ID again. Every other time I've pressed receive a new ID would be generated. It just stays the same every time now. Anyone else experiencing this problem?

Quote

01-23-2017 , 01:56 PM

#11532

Haupt_234

Carpal \'Tunnel

Join Date: Dec 2003 Posts: 6,097

Quote:

Originally Posted by matt0216

QFT. If you're in the US, your obligation to report income doesn't hinge on whether you get a 1099 sent to your mailbox or not.

Quote

01-23-2017 , 01:59 PM

#11533

justwaiting4stars

newbie

Join Date: Mar 2015 Posts: 41

Quote:

Originally Posted by matt0216

Question: if I haven't reported for over 7 years should I start now? Or say the hell with it?

Quote

01-23-2017 , 02:19 PM

#11534

matt0216

grinder

Join Date: Jun 2010 Posts: 421

This is really something you should talk about with a CPA or tax attorney. The solution won't be as simple as filing from 2016 on. You would have to look back on prior years and try to amend your returns as best you could. However, I'm not in a position to make any recommendations.

Regarding blockchain.info, I would use this opportunity to move to a new wallet. There are much better options out there:
https://bitcoin.org/en/choose-your-wallet

I personally use a hardware wallet now, but I've also used Copay and MultibitHD without issues in the past.

Quote

01-23-2017 , 05:02 PM

#11535

Dalsue214

adept

Join Date: Feb 2012 Posts: 1,126

Quote:

Originally Posted by justwaiting4stars

Assuming you are playing on sites that are unregulated, you will never receive any type of tax document as these sites are licensed in other countries.

Regulated sites in NJ/NV/DE might provide you with tax forms.

Legally it is your responsibility to report any type of income or capital gain from gambling winnings. If you are playing for a living you may want to speak with an accountant regarding different types of avenues to help ensure you pay the minimum in taxes.

Quote

01-24-2017 , 12:39 AM

#11536

jslab24

centurion

Join Date: Oct 2011 Posts: 144

What's the longest wait for a bitcoin transaction to get approved w confirmations bc mines been pending all damn day. Still 0 confirmations

Quote

01-24-2017 , 12:48 AM

#11537

Nitross

journeyman

Join Date: Sep 2008 Posts: 373

Quote:

Originally Posted by jslab24

What's the longest wait for a bitcoin transaction to get approved w confirmations bc mines been pending all damn day. Still 0 confirmations

This is happening to me and others as well. So you're not alone.

Kinda sucks, value when received being $100 more and it's still unconfirmed.

Quote

01-24-2017 , 12:52 AM

#11538

jslab24

centurion

Join Date: Oct 2011 Posts: 144

Quote:

Originally Posted by Nitross

This is happening to me and others as well. So you're not alone.

Kinda sucks, value when received being $100 more and it's still unconfirmed.

Ok, Thanks a lot! I was tripping thinking something went wrong bc all my other transactions go through within the first 30min like they say.

Quote

01-24-2017 , 01:14 AM

#11539

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,895

Quote:

Originally Posted by justwaiting4stars

Y'all seem pretty informed with what is going on in the poker world. So I'll just ask my question here.

I think you'll find that throughout these forums, so in future it would make more sense to ask your question in a relevant thread.

Quote:

Originally Posted by justwaiting4stars

Question: if I haven't reported for over 7 years should I start now? Or say the hell with it?

But really, do you want to be making decisions on whether or not you should continue to evade taxes based on what some strangers on the Internet tell you?

Either way, I think a quick search should find you plenty of 2+2 threads on tax issues - this thread really isn't the place for those questions.

Quote

01-24-2017 , 10:37 AM

#11540

Haupt_234

Carpal \'Tunnel

Join Date: Dec 2003 Posts: 6,097

Quote:

Originally Posted by jslab24

What's the longest wait for a bitcoin transaction to get approved w confirmations bc mines been pending all damn day. Still 0 confirmations

All of blockchain is backed up for some reason...

Quote

01-24-2017 , 10:42 AM

#11541

TrumpTrain

banned

Join Date: Nov 2016 Posts: 83

Any issues with BTC withdrawals recently? Carbon initiated one yesterday for me which still remains pending with no confirmations as of now. With the ridiculous 5% fee they charge, can they not spare a few extra pennies to expedite confirmation?

Quote

01-24-2017 , 10:56 AM

#11542

Haupt_234

Carpal \'Tunnel

Join Date: Dec 2003 Posts: 6,097

Quote:

Originally Posted by TrumpTrain

You could have just read 1,3,4, and 5 posts above your post.

Quote

01-24-2017 , 10:57 AM

#11543

matt0216

grinder

Join Date: Jun 2010 Posts: 421

Everything is backed up. I wouldn't be blaming Merge for this really.

https://blockchain.info/charts/mempool-count

Quote

01-24-2017 , 12:14 PM

#11544

wonderingman

stranger

Join Date: Jan 2017 Posts: 2

I've had a max BTC withdrawal pending since 1/18. (pending as in not even sent to the payment processor yet). Earlier in the month they were going through in less than 24 hours. Anyone else experiencing something like this?

Quote

01-24-2017 , 12:19 PM

#11545

matt0216

grinder

Join Date: Jun 2010 Posts: 421

I requested one on 1/18, received it 1/19.

Quote

01-24-2017 , 04:16 PM

#11546

wonderingman

stranger

Join Date: Jan 2017 Posts: 2

Quote:

Originally Posted by wonderingman

I just received my withdrawal. 6 days seems too be the max for btc Cashouts. I'm still very impressed compared to pre btc availability.

Quote

01-29-2017 , 12:01 AM

#11547

WSPreadHead

old hand

Join Date: Sep 2010 Posts: 1,395

with the issues with ACR, would certainly come back here if they would get rid of the 5% BTC withdrawal fee... just too much of a deal breaker

Quote

01-29-2017 , 02:05 AM

#11548

jay94

old hand

Join Date: Jul 2009 Posts: 1,477

We got enough regs here, well let WPN keep that crown.

Quote

01-31-2017 , 12:46 AM

#11549

BOANGTAO

old hand

Join Date: May 2007 Posts: 1,931

If thinking of withdrawling on merge would do it now before football is over. Slows down every year on how fast they pay people after football betting deposits stop coming in.