Pages:
Author

Topic: Bitcoin casino's that don't have cold storage proof - page 3. (Read 2464 times)

hero member
Activity: 924
Merit: 500
you can check here  https://blockchain.info/tx/c5c608f3ddb78fd5e0dc1b612a577e1a94237974dcd1d1dcc4f6940f8f0e9643
every day there will be 100 ++ BTC   ( cloudbet)
legendary
Activity: 2940
Merit: 1330
I recently had an issue with a casino I suspect to be underfunded, Is there any reason that bitcoin casino's can't prove funds with a cold storage address?

The biggest reason for them not proving their funds with a cold storage address is that they don't actually have the funds they claim to have.

They'll probably offer up all kinds of excuses but don't fall for it.
hero member
Activity: 812
Merit: 1000
I recently had an issue with a casino I suspect to be underfunded, Is there any reason that bitcoin casino's can't prove funds with a cold storage address?

Would you mind telling what was the issue you had, did you initiated a withdrawal and it was delayed and it made you think that maybe the Casino doesn't have funds? If that's the reason then you should know that there can be other reasons for late withdrawals and as much as I am aware of all the Casinos have a Max Bet limit which correlates to how much a Casino can pay in winnings of one bet and it is there to make sure that Casino never gets in a situation where they can't pay for the winnings.

And to answer your second question I don't see any reason for a Casinos to not show proofs of their cold storage, in-fact I think it helps them gain more trust of the players and there by increasing their chances of being more successful among their competitors.
sr. member
Activity: 277
Merit: 255
I recently had an issue with a casino I suspect to be underfunded, Is there any reason that bitcoin casino's can't prove funds with a cold storage address?
Pages:
Jump to: