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Bitcoin - Are you using it yet?

Discussion in 'Payment Processing Issues' started by neilw, Jun 6, 2016.

Tags:
    Jun 6, 2016
  1. neilw

    neilw Moderator of Live Games forum CAG MM webmeister

    Occupation:
    Moderator of Live Games forum
    Location:
    Kent - England
    I've just be going through the withdrawal times data and notice that we have had our first person use Bitcoin as a deposit / withdrawal method.

    We are starting to see Bitcoins being offered and in some cases forced on affiliates as payment methods.

    I was wondering whether anyone else has considered using Bitcoins, what the reason was and what the pro's and cons are of doing so.

    Neil.
     
    1 person likes this.
  2. Jun 6, 2016
  3. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    You might want to do a poll for this question.

    Personally, no, but I have seen a lot of US members discuss it.
     
  4. Jun 6, 2016
  5. shewoff

    shewoff Senior Member webby mm1

    Occupation:
    retired
    Location:
    northeast
    I'am using bitcoin,neilw. I have been forced to use a alternative to get my winning's.

    I have gotten WD's both small and large and I have also successfully deposited into several other casino's that offer this option? I had a few problem's with coding at first but that is all behind me now.

    Don't get me wrong there are some real drawback's to this system? First the security may be more than some player's are willing to do? But I managed and I'm happy I can get my win's.

    I would say it has been worth the hassle to get to know the system.And I can only hope that there will be more option's open to the US player's? Peace Out! Out Of The Mist! shewoff
     

    Attached Files:

  6. Jun 6, 2016
  7. rockycatt

    rockycatt meistercatt CAG MM

    Occupation:
    carpenter
    Location:
    Boston
    its realy simple to get it started easier than you think as was for a dummy like me :D they prompt you through and if you pick a exchang they can move your $$coin received into your bank as dollars :)

    it's a better system RC
     
  8. Jun 17, 2016
  9. moonchica

    moonchica Stiletto Bandita

    Occupation:
    PR Consultant
    Location:
    D.C. Area
    BTC

    Yep, and I love it. Uptown Aces had my withdrawal the next day, and because the price went up so fast, I got $500 more than I cashed out. Only complaint is only once a week. :(
     
    1 person likes this.
  10. Jun 21, 2016
  11. Lounice35

    Lounice35 Mr. PABnonaccred PABnoaccred2 PABaccred

    Occupation:
    Autism Consultant
    Location:
    Honolulu
    Btc processing

    Do you still have to wait 2 days for processing like most other methods for U.S. players on RTG sites?
     
  12. Jun 21, 2016
  13. ViviFox

    ViviFox Dormant account webby

    Occupation:
    Web Master
    Location:
    Las Vegas
    Not yet.

    No, I am not using it yet. I do not know how it is used.
     
  14. Jun 21, 2016
  15. cheetahwind

    cheetahwind Dormant account

    Occupation:
    Wind Blade Maker
    Location:
    Iowa
    I would imagine it varies on the casino. Casino Extreme allows for one instant cash out per day. Which normally the coins are confirmed into your wallet within 2 hours.

    Otherwise I haven't read what other sites are offering yet to be honest.
     
  16. Jun 21, 2016
  17. shewoff

    shewoff Senior Member webby mm1

    Occupation:
    retired
    Location:
    northeast
    I have gotten 8 to 10 WD's into my bitcoin wallet and it has been much faster than the fastest option open to me as a US player?

    And cheetahwind is correct. It depend's on the casino and also if the T&C state that the pending period is 24 to 48 hour's then you will have to wait,unless the casino know's you from play and deposit's and then I guess it would be considered flushing as I see it? Not sure thou?

    At any rate bitcoin is a great app. and I will get my win's if I can via whatever option is open to me? For now it is Bitcoin.Peace Out! Out Of The Mist! shewoff
     

    Attached Files:

  18. Jul 19, 2016
  19. Deanna

    Deanna Senior Member

    Occupation:
    Administrative
    Location:
    Ohio
    Bitcoin Payout Success

    I just had my first experience cashing out with Bitcoin. I cashed out at Uptown Aces on Sunday and they processed my payout at 7:30 this morning to my bitcoin address. I had the money in my bitcoin wallet within 15 minutes of the payout. As a US player that's a pretty good feeling since I'm used to waiting days after the payout to see the money. This definitely could be my new favorite! I just wanted to mention it in case it helps anyone make that decision.
     
    2 people like this.
  20. Jul 19, 2016
  21. shewoff

    shewoff Senior Member webby mm1

    Occupation:
    retired
    Location:
    northeast
    YEA!It worked. Good for you Deanna. I told ya it was a better way to go IF the casino has it?

    I do wish that CWG would look into it instead of leaving some us hanging. I have not made a deposit in a long time now with them. Only because I don't want to wait for a smaller win to be processed.

    Oh and by the by I had that small payout at Lucky Red pending for 2 months and I played it out. I really don't care for this style of doing business.Peace Out! Out Of The Mist! shewoff
     

    Attached Files:

    1 person likes this.

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