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Old 12-21-2017, 12:13 PM   #1251
Bob148
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Re: SWCPoker - Bitcoin poker

I'm not a rep. However the word on the street is that there will be no minimum cashout when the new client comes out.
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Old 12-21-2017, 01:17 PM   #1252
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Re: SWCPoker - Bitcoin poker

just realized the 0.1 chip turbo is rake free. friggin thumbs up.
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Old 12-21-2017, 07:27 PM   #1253
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Re: SWCPoker - Bitcoin poker

Is it ok if I post the response I got from support regarding this question?:

Quote:
swc rep: will you lower the minimum cashout value?
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Old 12-21-2017, 07:39 PM   #1254
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Re: SWCPoker - Bitcoin poker

Bob148

Of course.
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Old 12-21-2017, 07:46 PM   #1255
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Re: SWCPoker - Bitcoin poker

I'm not a rep. This is the response from support that I got:

Quote:
you can reply that:

We understand the current withdrawal requirement is a pain point for players. It is noteworthy that we have never charged a player for a cashout in the history of SwC Poker. Finding a comfortable solution has been difficult due to the high fees of the Bitcoin network, but we are committed to solving it.
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Old 12-22-2017, 12:18 PM   #1256
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by Bob148 View Post
I'm not a rep. This is the response from support that I got:
I have also complained about the minimum withdrawal amount in the past. My thought was that it keeps lower stakes players from feeding the games and then the action dries up. But I certainly understand their point of view as I sent bitcoin yesterday with a $15 miners fee and 20 hours later it still does not have a single confirmation. I would suggest they accept a variety of crypto's. At least those available on Coinbase as it's the most popular exchange. They can return the crypto upon withdrawal in a cheaper method for sending transactions unless request for bitcoin by the player, in which the player is required to pay the transaction fee. They cannot sustain a profitable business model with the current transaction fees. This would allow for smaller cashouts and hopefully see an influx in rake for the site.
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Old 12-22-2017, 12:26 PM   #1257
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Re: SWCPoker - Bitcoin poker

I think that's a really good idea.
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Old 12-22-2017, 03:00 PM   #1258
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Re: SWCPoker - Bitcoin poker

Change the site from Bitcoin poker to Litecoin poker IMO.
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Old 12-22-2017, 03:42 PM   #1259
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Re: SWCPoker - Bitcoin poker

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Originally Posted by Assassin666 View Post
Change the site from Bitcoin poker to Litecoin poker IMO.
wat
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Old 12-26-2017, 01:17 AM   #1260
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Re: SWCPoker - Bitcoin poker

Dash (fomerly Darkcoin) lowered transaction fees to pennies. It's also faster, and less congested than Bitcoin. It may also be added to Coinbase this coming year. It also has a privacy feature, even if not as good as some of the other privacy coins.

But yeah, for fee issues, Dash is the best among BTC, ETH, LTC, BCH, and itself.
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Old 12-26-2017, 06:55 AM   #1261
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by Trevado View Post
I have also complained about the minimum withdrawal amount in the past. My thought was that it keeps lower stakes players from feeding the games and then the action dries up. But I certainly understand their point of view as I sent bitcoin yesterday with a $15 miners fee and 20 hours later it still does not have a single confirmation. I would suggest they accept a variety of crypto's. At least those available on Coinbase as it's the most popular exchange. They can return the crypto upon withdrawal in a cheaper method for sending transactions unless request for bitcoin by the player, in which the player is required to pay the transaction fee. They cannot sustain a profitable business model with the current transaction fees. This would allow for smaller cashouts and hopefully see an influx in rake for the site.
I sent this post to support. This is the response:

Quote:
This is a hard problem that all bitcoin users are facing. We are working on a solution.
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Old 01-07-2018, 06:14 AM   #1262
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Re: SWCPoker - Bitcoin poker

I didn't read the whole tread but so I'm sorry if it was already mentioned but could someone give me a run down of what the changes/improvements are to be with this "new client" in early 2018.

Also I look forward to hearing about how they plan to solve the transfer fees problem. If only bitcoin was a fast and feeless coin it would be much better suited to something like online gambling.
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Old 01-07-2018, 10:15 AM   #1263
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by D Villain View Post
I didn't read the whole tread but so I'm sorry if it was already mentioned but could someone give me a run down of what the changes/improvements are to be with this "new client" in early 2018.
Your guess is as good as anyone else's at this point.
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Old 01-13-2018, 07:35 PM   #1264
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by customerserviceteam View Post
Hello TwoPlusTwo forums,

We have been asked by our players to make an account here to answer questions. We understand there can be no answers from us about promotions, so we won't respond to these.

We are working on improving the platform and expect to launch new software in early 2018.
Was this just a troll, or did SWC literally post and ghost?

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Old 01-13-2018, 07:38 PM   #1265
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Re: SWCPoker - Bitcoin poker

Since I don't imagine a site would ever troll a thread about them, I assume what you're actually asking is if that account is legitimate - the custom Poker Site Rep undertitle means that it is.

But given that there has only been three posts (including yours) since they were verified, it's not surprising they haven't posted. Non-advertising reps are only allowed to answer direct non-promotional questions, so they may not have seen an opportunity to post yet.
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Old 01-13-2018, 08:59 PM   #1266
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by Bobo Fett View Post
Since I don't imagine a site would ever troll a thread about them, I assume what you're actually asking is if that account is legitimate - the custom Poker Site Rep undertitle means that it is.

But given that there has only been three posts (including yours) since they were verified, it's not surprising they haven't posted. Non-advertising reps are only allowed to answer direct non-promotional questions, so they may not have seen an opportunity to post yet.
Fair enough. Thanks for the info. I was just wondering because they also seem to have ghosted on bitcointalk. Their last login/post there was on 12/20 and there have been 16 posts (including direct questions) since then.
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Old 01-17-2018, 03:36 PM   #1267
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Re: SWCPoker - Bitcoin poker

What is the site traffic like on here?
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Old 01-17-2018, 05:48 PM   #1268
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Re: SWCPoker - Bitcoin poker

Fairly minimal at this point. Some OFC games, occasionally a draw game, some very-small-stakes and very-small-field tournaments.
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Old 01-17-2018, 10:25 PM   #1269
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Re: SWCPoker - Bitcoin poker

I play and seed draw games, limit holdem, and most PLO variants. Out of those the most popular on seals is clearly any 5 card PLO variant. Used to hate it but now I love 5 card more than 4 card.

One issue is getting money on. They might need to start accepting bitcoin cash to lower fees. As an example I went to coinbase & got $500 of bitcoin a few days ago. I paid a half a percent vig to coinbase compared to preev which they always mark up like i'm not gonna notice. Then I paid 4% for the debit card deposit. Then I paid 3 % on that cause my bank charged 3 percent on international transactions. Then I paid a $15 mining fee. Because of the low mining fee, my transaction took 2 days to get one confirmation. I'm not sending to blockchain or an intermediary wallet cause 2 minings fees.

So to deposit 500 I paid over 60 bucks.

It's a rich man's currency. Even a 1k deposit pays a hefty fee.
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Old 01-18-2018, 07:34 PM   #1270
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Re: SWCPoker - Bitcoin poker

Is there any way to send and receive BTC without fees? It seems like a nightmare with those level of fees. Not to mention the swings in value. It doesn't seem worth it.
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Old 01-18-2018, 07:39 PM   #1271
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by LETIGRA View Post
One issue is getting money on. They might need to start accepting bitcoin cash to lower fees. As an example I went to coinbase & got $500 of bitcoin a few days ago. I paid a half a percent vig to coinbase compared to preev which they always mark up like i'm not gonna notice. Then I paid 4% for the debit card deposit. Then I paid 3 % on that cause my bank charged 3 percent on international transactions. Then I paid a $15 mining fee. Because of the low mining fee, my transaction took 2 days to get one confirmation. I'm not sending to blockchain or an intermediary wallet cause 2 minings fees.

So to deposit 500 I paid over 60 bucks.
This is the Sideshow Bob stepping on rakes GIF of buying Bitcoin. You used a foreign (bad idea) debit (bad idea) card to fund the world's worst exchange (Coinbase) which wouldn't get any business at all except that it has a large chunk of the US market captive. I really don't understand why.
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Old 01-18-2018, 07:42 PM   #1272
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by BuzzKill_McGee View Post
Is there any way to send and receive BTC without fees? It seems like a nightmare with those level of fees. Not to mention the swings in value. It doesn't seem worth it.
Not without the ~$15 mining fee these days. It's frustrating and there are a lot of stakeholders looking for ways around it, but BTC isn't the easy way to move a few hundred dollars around it was a year ago. I still like it for midstakes+ amounts of money but it becomes problematic downstream when the deposit-and-blow-$200 guys no longer think it's worth it.

I do think the market will shake out and six months from now you'll see more providers with their own coins or using something easier like zCash or Dash. Whether SwC is one of them, who knows, they don't seem very interested in their product.
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Old 01-18-2018, 10:30 PM   #1273
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Re: SWCPoker - Bitcoin poker

I had never heard of zcash. I just looked in to it to see what it was. I think I will steer clear of cryptocurrencies. The whole cryptocurrency thing sounds like a crash waiting to happen. What about sending old fashioned fiat currencies backed by governments and tanks? Do you have any insight on the cheapest safest way to do that?
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Old 01-18-2018, 11:36 PM   #1274
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Re: SWCPoker - Bitcoin poker

Quote:
Originally Posted by BuzzKill_McGee View Post
I had never heard of zcash. I just looked in to it to see what it was. I think I will steer clear of cryptocurrencies. The whole cryptocurrency thing sounds like a crash waiting to happen. What about sending old fashioned fiat currencies backed by governments and tanks? Do you have any insight on the cheapest safest way to do that?
BTC and other cryptos should generally still have cheaper fees than credit cards, bank wires, or other methods of getting fiat on or off a site. SwC only takes BTC - no fiat or other cryptos. ACR takes other cryptos I believe. As far as the fees go, SwC covers the fees on withdrawals of 20 chips (approx. $220) or more. To withdraw less than 20 chips they charge about $1 in fees.

I think the odd and frustrating thing is their lack of social media/forum presence. For instance, last month they lowered rake to make their rake the lowest of any site that serves US players - but didn't bother to announce this on their twitter or on 2p2. It's like what a reg who has found a soft site and doesn't want anyone else to know about it would do lol. But they're a who should want as many players as possible. You'd think they'd tell everyone they could that rake was lowered, but they mysteriously have neglected to do so.

There's been some nosebleed draw, badugi, and limit holdem action since the rake decrease (approx. $400/800) and there is always micro action and OFC running. But the mid-stakes mix games only run a few nights a week. Shorthanded NL runs occasionally at most stakes. 5 cd PLO and Big O seem to be the most consistent game at the low and mid stakes.

Last edited by MacauBound; 01-18-2018 at 11:44 PM.
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Old 01-18-2018, 11:44 PM   #1275
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Re: SWCPoker - Bitcoin poker

Agree, the rake was a huge deal. I don't know why they aren't promoting it more. I am super glad they lowered it and will be looking to player higher volume there. Someone start some games with taata at the 5 card plo!
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