Standard if network traffic is heavy. Miners pick up the transactions with higher fees first. Then those with lower fees are picked up. Patience grasshopper. Patience.

Thank you bro

Bank wire usually takes 2-3 days from request, to be in my bank account and available to use.

Check is about 10 days from request to being deposited (overnight ATM), and available for me to use.

I never use BTC for depositing or withdrawing.

Thank you sir

Cashout complete in 5 hours not bad.

Ignition->bc->cb->paypal.


Thanks all for the help

How is the Bovada mobile app? Is it easy to use as far as checking, calling, typing in bets, etc... I use a Galaxy S8.

It's fine for what it is, but it isn't an app. Just a webpage.

I would advise against tournaments, they can get buggy with large numbers of entrants. Cash and zone are perfectly playable.

It's not a bad extra step but how would they know where it was coming from especially if Bovada is constantly changing their send wallet address? Crypto transactions are from public address A to public address B. There is no remotely easy way to know who the actors are sending and receiving. The major difference between Coinbase or Binanace and Bitpay or Exodus is that with former you do not own your own private keys. Understanding the importance of private keys is the most important concept in crypto. Long story short if you do not have your private keys you really do not own anything. You are at the mercy of of that entity holding your asset. If you have your private keys you can access your money directly from the blockchain. This is also a major point of confusion for most people. People wrongly believe that you are storing your coins in a wallet when in reality your coins are always located on the blockchain which is a permanent unchangeable ledger. The wallet is just an interface to access your funds in an easy way from the blockchain. Bottom line is Coinbase is ok to buy crypto until better options emerge but immediately move it to a place that YOU control. I would never ever move funds to coinbase to cash out as they are getting in deep with the IRS, you do not own or control your funds and are at the whim of their rules. This is the same with not keeping large amount on an exchange. If that exchange gets hacked, sad day for you because that asset with no private key is not in your control what so ever. I have worked for a top 50 crypto company and if anyone has any questions I would be happy to try and answer.

Appreciate ya bud. Thanks for the heads up.

You seem to know much more about crypto than me so I won't even try to convince you what will or won't happen with your crypto accounts at these companies. All I know is that BP has closed multiple accounts of poker players and the reason they gave for doing so is that the person used their BP account to do transactions with gambling sites. How BP or CB gather that information is not something I'm aware of. The post below is one of those instances I've seen.

It’s good to see someone post who is actually knowledgeable on the subject. I can expand on the tracking and intermediary wallet issue though. Because public Addresss A is forever on the blockchain as sending funds to Public Address B, if at any point it is found out that public address A was a payment processor related to a gambling site, then it is very easy to identify all public address B’s they did business with. Once notified of a payment processor address (A) CB can easily identify all CB accounts (B1, B2, etc.) that have done transactions with A. At that point they close that account down.

There’s a lot of different ways they are notified/can find out. Payment processors are the ones who will get caught because of what they are doing. This information is forever public, and currently there have been accounts closed where funds went A-B. I could write a whole chapter of a book on the subject but I hope that covers the gist of it.

Being that this info is always public it’s best to pay your taxes as well

Yes the example you provided was someone using their bitpay debit card to make a purchase at an online gambling site which is a traditional transaction using USD and the banking system, hence their debit card was closed. It was not for using the bitpay wallet for a withdraw of crypto. I have looked at the TOS and find nothing about any restrictions. With that said if you feel safer withdrawing to a different wallet and then transferring to bitpay it will only cost you a few minutes and a few cents so go for it.

Good info here that I've been wondering about for a while now. Thanks!


BP apparently never specifically told him anything other than the statement about online poker. He said he suspected it was due to the deposit with the card. I take it from your post that you do as well. That makes me feel a little bit better about using the BP wallet for poker site transactions, but I will probably still use the buffer wallet just for a little extra precaution.

https://bitpay.com/about/terms#limitation-of-liability

Below is the proper link. My apologies.

https://bitpay.com/about/terms#your-sales

I just look at it as a cost of doing business. I always keep some bitcoin in my wallet, just in case I want to load on a new site or one of my friends goes bust. If you think bitcoin is going lower, which it could, just manage your losses by converting to real money quickly.

The great advantage to bitcoin is the usefulness. If you travel to Europe to play poker, you just load your BitPay visa once you’re there and take the money out in euros. There are many advantages to holding a little bit of bitcoin. Just one man’s opinion.

BP apparently never specifically told him anything other than the statement about online poker. He said he suspected it was due to the deposit with the card. I take it from your post that you do as well. That makes me feel a little bit better about using the BP wallet for poker site transactions, but I will probably still use the buffer wallet just for a little extra precaution.

https://bitpay.com/about/terms#limitation-of-liability







Below is the proper link. My apologies.

https://bitpay.com/about/terms#your-sales[/QUOTE]

The section of the TOS you provided is under the section "Your Sales" which I believe refers to their merchant service side of the business. Regardless, I will be using the buffer wallet going forward as well. It is such an easy extra step so why not. Thanks for the good discussion.

Same to you.

Took a good three weeks to for me to get my checks. They will only dispense checks in 3K increments as well. Not to mention $100 fee for each 3K you cashout.

I have since used the bitcoin option and it is great! It is not nearly as overwhelming as it sounds. You cash out and transfer from blockchain to another wallet with a click of a button. Setting up each wallet takes 5-10 minutes. The fee's are pretty low as well.

Has anyone been having trouble withdrawing from Ignition? I've been waiting a week now for my withdrawal to be processed and 3 separate customer service agents have said "its still being reviewed," and offering me no extra information and no timeline for the approval process. I've never had a problem in the past, always took 48 hrs but now I'm at day 7 and im beginning to worry my money is no longer safe there.

What method of withdrawal.

Agree with the stud in the post above. Btc has not been as difficult as I thought it would be, at least thus far.

That's weird. My check was less than $1,500. That's why I used a check, due to bank wire's needing to be at least $1,500. I wasn't charge $100 either. Oh well.

Bitcoin transfer and I’ve never had an issue prior to this

That's odd. You clear a bonus or something along those lines? Anyone else having issues before i request another one my self?

No, nothing like that. I don’t even use the bonuses because they’re literally near impossible to unlock and just a way to get you to hold money on the site.
Get

[QUOTE=jriiikk;54838719]BP apparently never specifically told him anything other than the statement about online poker. He said he suspected it was due to the deposit with the card. I take it from your post that you do as well. That makes me feel a little bit better about using the BP wallet for poker site transactions, but I will probably still use the buffer wallet just for a little extra precaution.



Well, I just tried to reload my BitPay Visa and found out it was closed by the "Compliance Department." - No explanation, nothing. I've had this card for 3 years and they closed it a day after I post here. Weird.

When I called, all they would say is that my balance will be returned by check, through the mail.

Does anyone know of other companies offering cards? I use sites to sell bitcoin, but the fees are really high.

So if you don't recommend sending to coinbase to cash out, what's the best way to do it?