Quote:
Originally Posted by MeltingNe0
On 10/5 the price of BTC was around $250 per BTC, now the price is around $370. When you submit a request they must calculate BTC to $ at that time and lock in that number, which almost every place does. BTC fluctutates and in this case it cost Merge but it works the other way as well. They are shooting themselves in the foot by not processing BTC withdrawals promplty because of how instable the currency can be.
P.S. Just a friendly reminder, if you use a service like Coinbase or Circle be sure to have the BTC sent to an intermediate wallet before Circle or Coinbase as they will flag them as coins from gambling enterprises. Lots of people use Blockchain.
Are you sure they don't just use the rate at the instant they actually process it? It should be pretty easy for people to confirm if they're getting 50% more than the dollar value they cashed out. (Or other #'s depending on the date requested and date processed)
Sounds unlikely to me, and would result in a lot of pissed off customers if the other side of variance had hit, so it would be a very poor way to do things.
Though if what you said were true, it would explain why so many BTC withdrawals were cancelled and removed by Carbon. (That they were freerolling people on bitcoin exchange variance, and since it went up, cashouts were cancelled.)