Update: Sold my bitcoins on Local Bitcoins and got my money instantly via Paypal. Thanks to Knittle.

So I was lucky enough to run up $91 to $1k I have Coinbase and I deposited via bitcoin do I just withdraw to my Coinbase then to me?

no, only if you wanna lose your account with them. blockchain>coinbase> bank

Thanks for the heads up totally forgot I used to use Blockchain. I have only deposited a few hundred over the last year (no more than a thousand total over 12 months) via my bank to Coinbase to Bovada do you guys think it’ll be an issue or just continue on with blockchain for now?

Apparently I hd $7 in bitcoin on blockchain l...are the just two different wallets or do they actually serve a different purpose

Coinbase is a federally regulated financial institution. Hence, it is subject to all federal laws, including the one about no exchanges of funds with gambling sites. Therefore, a buffer wallet (Blockchain) is needed between an exchange and the gambling site. Folks have had their accounts closed when Coinbase has determined funds were sent/received to/from a gambling site.

so is it ok to still withdraw bitcoin from ignition to blockchain, then to coinbase and then to checking account?

yes, that's how it's done man.

Yes^^

okay, so i'm completely new to btc and withdrawing, so can someone answer two super easy questions please:

1) 1k ignition withdrawal -> blockchain, does this stay at 1k or is it subject to some fee i'm not aware of?
2) blockchain -> coinbase i know has the "sat/b" fee, can i just drop this to 1 or whatever to minimize it, or is there an issue with that for some reason?

i'm going to end up googling these questions but i thought i'd ask here too since y'all are so familiar with the process. thank you~

yes. the big problem with blockchain wallets of late is that they became incompatible w the bitpay card which a lot of people use.

as soon as ign sends btc to ur blockchain wallet, ur funds are subject to the price fluctuations of btc. so if u request 1k, ign will send u 1k worth of btc at the time of sending. after u receive the btc, the price of btc could go up or down, yielding u more or less usd. if u want to minimize this variance, send ur btc to coinbase (or gdax for less cashout fees) and cash it out asap. Read the last couple pages of this thread for gdax info.

the only fee from ign to blockchain to coinbase is the miners fee that u mentioned. as far as that goes, if u put too low of a fee, ur transaction won't go thru or will take days. the blockchain wallet suggests both regular and expedited fee rates. the regular seems to complete within an hour usually, sometimes in a few minutes. if u want to get more scientific than that and try to pay less, see my post above or on the last page about miners fees.

Update: I never heard anything more from Ignition Customer service, but today my balance was restored.

great, thanks so much. i glossed over the last few pages but i must've missed your post. i'll check it out right now, thank you!

According to this video, you can still load your BitPay Card from Blockchain (or any other wallet) with this workaround:

Hey did you get paid? I am having some real issues with the communication at iggy. I had a failed attempt on my card, then they charged my card 7 days later and sent me an email. I responded that this is not ok with me and noone has responded in any way shape or form. I am really worried about trying to get my money off here

Is the Mempool size in kB chart still available on that website? As I don't see it displayed.

A couple of days ago I set up an Electrum wallet following the above video. I withdrew 350 from Igniton. I got the second ignition email 2 days later and the bitcoin was in my wallet. I was able to load 325 onto the Bitpay card and it was instantaneous. Total fees ( miners and bitpay) amounted to 25 dollars.

So, if BitPay are charging a fee (separate from mining fee) when going Blockchain —> BitPay Card then it’s no cheaper anyway than Ignition —> BitPay Wallet —> BitPay Card (?)

Correct. The Ignition > BP Wallet > BP Card is how I've done my last 3 cashouts over the last month.

It looks like they have Mempool size in MB now instead. 1 MB is about 1000kb, so you can still use those instructions, replacing kb with MB accordingly.

thanks

Hi, what are you paying in total fees to get BC to Bitpay with larger $ amounts? Say, instead of my 350 withdrawals, I were to do 1k to 3k withdrawals. How much would I end up paying?

They should have been able to see quickly that the transaction failed, but it took them 6 days to restore my balance. So it seems like they are overwhelmed. Maybe it will improve now that the holidays are over.

bovada now accepts bitcoin cash.. free $1k+ for me because of that fork.

I have a check coming for $680. The last time I got a check from Bovada for about $500, I deposited in a small credit union I was a member of. Because it was an international check this process took me over 3 months. I hope to avoid that this time around. I now bank with Chase, but I’m open to anything that won’t have such a long wait time. What is the best way for me to proceed here - will a large bank like Chase have the same 90 day issue, and if so do I have any other options?

From what I've read in the past from this thread, nope - it's going to be a big pain no matter which bank. Next time you're probably best going with bitcoin. See the thread for how to do that.