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[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread [Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread

09-05-2016 , 10:10 PM
Quote:
Originally Posted by rez`
Anyone still waiting on BTC WDs requested before 9/1?

BTC WD requested 8/23, still pending.
Yes, 8-30

I can deal with ~2 week bitcoin payouts but I get really tilted when people who initiate a withdrawal after me get paid before me.

But it is nice to see some people getting paid in under a week.

Last edited by ilikegreen; 09-05-2016 at 10:20 PM.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-06-2016 , 11:04 AM
Quote:
Originally Posted by rez`
Anyone still waiting on BTC WDs requested before 9/1?

BTC WD requested 8/23, still pending.
Still waiting on 8/31
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-06-2016 , 01:47 PM
$5K bitcoin requested: 8/29

$5k bitcoin received : 9/6

Awesome! That only took 8 days.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-06-2016 , 02:06 PM
according to the person i just chatted with on carbon live chat, the btc withdrawal option is only available for those who have a btc deposit history. told me that 1 deposit would not give me the option.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-06-2016 , 02:21 PM
Quote:
Originally Posted by memphotiger
according to the person i just chatted with on carbon live chat, the btc withdrawal option is only available for those who have a btc deposit history. told me that 1 deposit would not give me the option.
I made one min deposit with btc and the next day I had btc withdrawals available. Just make a min deposit and wait a couple days, if it's not available then make another min deposit and it should definitely be available within a couple of days.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-06-2016 , 05:54 PM
^^^ This +1.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-07-2016 , 08:30 AM
Quote:
Originally Posted by memphotiger
according to the person i just chatted with on carbon live chat, the btc withdrawal option is only available for those who have a btc deposit history. told me that 1 deposit would not give me the option.
I have the BTC withdrawal option and have never deposited via BTC.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-07-2016 , 05:19 PM
Btc requested 8-30
Received 9-7

8 days, carbon is pretty good right now, I hope more people start playing here.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-07-2016 , 06:01 PM
Damn 8 days? **** I need to make a bitcoin deposit then. If we could withdraw every two weeks that would be tits.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-07-2016 , 11:16 PM
check request 7/5
status - still pending

never will I go with a check again. 2 months and counting.

fu carbon
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-08-2016 , 02:35 AM
max btc req 9/1
"processed" 9/7 5pm
have not received funds yet, will update
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-08-2016 , 11:45 AM
Quote:
Originally Posted by RalphWaldoEmerson
max btc req 9/1
"processed" 9/7 5pm
have not received funds yet, will update
received funds late morning 9/8

req btc 9/8
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-08-2016 , 01:06 PM
Well that does it. I'm cancelling my check request and going with BTC. I just need to learn what the hell it is and how it use it.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-08-2016 , 01:17 PM
Post #11057.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-08-2016 , 01:29 PM
Quote:
Originally Posted by goodsaint
8/31- In Progress- Rec'd in Blockchain- Rec'd in Circle- Cash out request to bank account.
Rec'd in bank account next day 9/1. Previous BTC cash out also was rec'd in bank account the next day after being In Progress.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-08-2016 , 04:22 PM
Quote:
Originally Posted by ilikegreen
Yes, 8-30

I can deal with ~2 week bitcoin payouts but I get really tilted when people who initiate a withdrawal after me get paid before me.

But it is nice to see some people getting paid in under a week.
Agreed. Good to know I wasn't the only one.


Quote:
Originally Posted by rez`
BTC WD requested 8/23, still pending.
9/7 Processing.
9/8 Funds received.

9/8 BTC WD requested.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 12:09 PM
8/31 BTC requested
9/8 BTC Received

9/9 BTC Requested.

I can live with 1 week at a time.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 03:52 PM
I'm curious about everyone using BTC to deposit/withdraw. Is there not a significant possibility of losing money due to exchange rate fluctuations when you convert to and from your bank accounts?

Has anyone tracked how much they lost/gained as a result? Do you consider this simply the cost of doing business (and analogous to an additional withdrawal fee?)
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 04:04 PM
is there still a 5% fee on BTC withdrawals?
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 04:04 PM
Search feature is your friend. Bitcoin fluctuation- 83 posts.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 04:06 PM
Quote:
Originally Posted by WSPreadHead
is there still a 5% fee on BTC withdrawals?
Yes.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 04:30 PM
Quote:
Originally Posted by goodsaint
Search feature is your friend. Bitcoin fluctuation- 83 posts.
Thanks, just figured out how to do that.

So after some quick reading, it seems like it can be a problem. People must think that the risk doesn't outweigh the wait for a check? Still, I don't understand why people don't move to a site that doesn't have crazy waits for payouts.

I mean, what legitimate reason do they have for delaying the dollar payouts? If they can't articulate a reasonable excuse, then it's easy to jump to the worst possible scenario, which is that they simply don't have the money.

It's scary to contemplate, but Carbon / Merge could easily be waiting for new deposits in order to pay out withdrawal requests. The fluctuating delays in dollar payouts over the past months and years could easily correspond to the number of people depositing and withdrawing cash. When more money is being withdrawn than deposited, payout times skyrocket. When the opposite happens, payout times shrink.

As long as this ratio doesn't get too far out of whack, everything continues fine. If there's ever a bank run and the ratio tilts drastically in favor of withdrawals, this could all collapse into a very messy situation indeed.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 05:01 PM
Well considering Merge isn't accepting US players any longer, I can't imagine too many new players coming on board aside from the Bovada crowd that have dormant accounts.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 05:09 PM
Quote:
Originally Posted by Phishfood
Thanks, just figured out how to do that.

So after some quick reading, it seems like it can be a problem. People must think that the risk doesn't outweigh the wait for a check? Still, I don't understand why people don't move to a site that doesn't have crazy waits for payouts.

I mean, what legitimate reason do they have for delaying the dollar payouts? If they can't articulate a reasonable excuse, then it's easy to jump to the worst possible scenario, which is that they simply don't have the money.

It's scary to contemplate, but Carbon / Merge could easily be waiting for new deposits in order to pay out withdrawal requests. The fluctuating delays in dollar payouts over the past months and years could easily correspond to the number of people depositing and withdrawing cash. When more money is being withdrawn than deposited, payout times skyrocket. When the opposite happens, payout times shrink.

As long as this ratio doesn't get too far out of whack, everything continues fine. If there's ever a bank run and the ratio tilts drastically in favor of withdrawals, this could all collapse into a very messy situation indeed.
Post #10982.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote
09-09-2016 , 05:15 PM
Quote:
Originally Posted by goodsaint
Post #10982.

Ok, forgive the question, but is there an easy way to jump straight to that post? Searching just brought up another post that mentioned that number.
[Merge Network] Carbon/ Sportsbook/ PlayersOnly - Deposit/ Withdrawal Thread Quote

      
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