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Topic: It takes years to build a reputation and seconds to break it - page 5. (Read 3378 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin
At least they are making hints.  Cheesy

When you are already experienced then spotting out these scams would really be easy for you to determine that you are already facing with a scam.

When it comes to reputation and trying to protect it then most business owners would definitely be trying out to sustain as long as possible.They do know that they could benefit out

on longer run and its true that this is something which can really be easily be broken if one would really be making out those shady acts.

We are not perfect, even with lots of effort making research on a certain project or investment, sometimes we still fail. What's important here is we learn from our mistakes as that would lead us to success and we will become more mature in dealing with future investments.

It's still not late for us to learn, as long as we the basic things which are to invest what you can afford only and knows how to diversify the risk, then we should have enough money to put to another investment opportunity.
hero member
Activity: 2968
Merit: 687
And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin
At least they are making hints.  Cheesy

When you are already experienced then spotting out these scams would really be easy for you to determine that you are already facing with a scam.

When it comes to reputation and trying to protect it then most business owners would definitely be trying out to sustain as long as possible.They do know that they could benefit out

on longer run and its true that this is something which can really be easily be broken if one would really be making out those shady acts.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.
It have become a standard.

For someone who's in the forum, if there's no official ann thread that's being found on the gambling section. It's what you and probably the others are doing.

It's not a bad basis and standard because you get to see people posting on their ann threads if there's a common problem or they've got a trust issues from the community that have gambled on their casino.
And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.
legendary
Activity: 2058
Merit: 1166
For a business to build a reputation, it takes a lot of money and time to be invested to achieve this through marketing, brand awareness and all other activities.

But my question is why would they risk all they have invested to a few players by scamming them? I for one know the forum will side with the player that have been allegedly being scammed in most cases but how do casino's/bookies  protect themselves if not terms and conditions?

If people buy reviews to paint a picture of a good standing business,  what would stop the competition from buying people to tarnish a competitors reputation to have an advantage in the business?

I think there are two different reasons why this can happen. Firstly, the business was established for the sole purpose of disappearing sooner or later with the users' funds. If that was my intention as a company founder, I would do it the way you described. I would try to create a well-functioning, visually appealing online casino and then, as soon as I have a large number of users on my platform and a correspondingly large amount of capital on the wallets, I would pull off the scam.
The second reason is that the casino itself is totally legit but you were a victim of an criminal employee of that casino who somehow managed to steal your funds. In that case the casino should compensate you.
Of course there is also the possibility that the accusations are just faked by a competitor business.



I guess there is a third category of fraud here: if you set up an awesome, as you say visually appealing online casino with good intentions and it starts growing, it's also possible that you belong to those who out of a sudden can't resist their inner temptation because they may not before having been confronted with managing larger amounts of money or possessing larger amounts of money. I ask myself how often that has been the case especially in the crypto sphere where someone started out with good intentions and then thought: well, I'd rather take it and run off.
sr. member
Activity: 1722
Merit: 269
For a business to build a reputation, it takes a lot of money and time to be invested to achieve this through marketing, brand awareness and all other activities.

But my question is why would they risk all they have invested to a few players by scamming them? I for one know the forum will side with the player that have been allegedly being scammed in most cases but how do casino's/bookies  protect themselves if not terms and conditions?

If people buy reviews to paint a picture of a good standing business,  what would stop the competition from buying people to tarnish a competitors reputation to have an advantage in the business?

I think there are two different reasons why this can happen. Firstly, the business was established for the sole purpose of disappearing sooner or later with the users' funds. If that was my intention as a company founder, I would do it the way you described. I would try to create a well-functioning, visually appealing online casino and then, as soon as I have a large number of users on my platform and a correspondingly large amount of capital on the wallets, I would pull off the scam.
The second reason is that the casino itself is totally legit but you were a victim of an criminal employee of that casino who somehow managed to steal your funds. In that case the casino should compensate you.
Of course there is also the possibility that the accusations are just faked by a competitor business.

legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
The idea of regulation can be market based also, it doesn't just have to mean centralized authorities clearing through legal courts with lawyers and giant expenses to any case.  I'd suggest for crypto that its far more likely to be a market economy type of regulation where its unlikely to be beneficial in breaking a good reputation, that would be part of why this forum is useful in that it gives a voice to otherwise singular players but collectively the customers have some say as to the reputation of any operation.
~

Quite often, when googling about a crypto gambling site reputation I see some posts from bitcontalk in the top results. Unfortunately, this is far from being the case all the time. But really, where else we can find so many crypto gamblers gathered in one place? Also, people here value their reputation on this forum, so they are trying to provide honest information. I wish more people knew how useful this forum can be.
This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.

You are doing it right, mate! Smiley It's just I have this habit of googling things even when I know exactly where to look for the right answer. I can say that Google AI has been improving with years big time, and that's why I hope that in the nearest future we are going to see more and more links to bitcoiontalk in the top search results. Regular gamblers will benefit from that because nowhere else the reputation of crypto gambling sites is covered so fully.
full member
Activity: 2520
Merit: 204
Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

I also feel more secured in depositing in known and famous casino sites because there's an assurance that they wouldn't scam you or cause you any hassle since they're handling their reputations well and they wouldn't do anything that would break the trust of their users. As for me, it would be better to look for trusted sites than the new ones.
Wrong mate, Assurance cannot be found anywhere because no matter how Old and legit the site in time there are chances that they become scam like others site that starts good but over the time becomes scamming.
But at least in Old and popular gambling site there are more security than those newly created.
And also why need to find new casino when you already have those old site that you use to play or even your friends that introduced you to those sites.
sr. member
Activity: 2436
Merit: 455
Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

I also feel more secured in depositing in known and famous casino sites because there's an assurance that they wouldn't scam you or cause you any hassle since they're handling their reputations well and they wouldn't do anything that would break the trust of their users. As for me, it would be better to look for trusted sites than the new ones.

Not only that, but casinos that has a good reputation will put you at ease, you could sleep at night not worrying about your money getting lost. Also, well trusted casinos gives you a lot of perks, my favorite is if they are giving a 24/7 customer service just in case there is a problem that is going to be encounter by a player, because you don't want to play in a casino in where you'll count sheep before you could be assisted to fix your problem.

A well trusted casino turning out to be a scam in the end is like 1 out of 1,000,000 chances.
full member
Activity: 1708
Merit: 126
Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

I also feel more secured in depositing in known and famous casino sites because there's an assurance that they wouldn't scam you or cause you any hassle since they're handling their reputations well and they wouldn't do anything that would break the trust of their users. As for me, it would be better to look for trusted sites than the new ones.
legendary
Activity: 2296
Merit: 2721
I knew about that site and I visit that site occasionally. Yes, that site can recommend a gambler who wants to search the gambling sites that fit him. We need to collect as much info to know the right gambling site to prevent scamming.
-snip-
Very good! Because I think only through such independent sites it will be possible at all that people can inform themselves about (new and existing) casinos at all sensibly and decide whether they want to create an account or not - especially when more and more casinos now require (have to require) KYC
legendary
Activity: 3122
Merit: 1140
Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.
Yeah,its always been recommended but lets do make out some chance for new gambling sites to be tested on because those reputable sites are ones new sites too

which there are people who do test out for themselves and prove them out  to be good and legit and as years goes then they are already gaining their trust and reputation.

Yes, these things can be broken out with issues would arise and even it gets resolved then its unavoidable that bad impressions would be there.
hero member
Activity: 2716
Merit: 698
Dimon69
Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Have you ever taken a look at https://www.btcgosu.com? This site compares online casinos, regularly posts bonus promotions and investigates scam accusations against casinos and warns users about them if they actually turn out to be true. I personally like to use it, especially when I want to try a new casino and am about to deposit BTC. So you do not have to follow umpteen threads here in the forum but get important information immediately at a glance.
I knew about that site and I visit that site occasionally. Yes, that site can recommend a gambler who wants to search the gambling sites that fit him. We need to collect as much info to know the right gambling site to prevent scamming. With following the thread from here, I think it can help us know if the sites represent active, giving an update to the members or not too often giving the update or not very active to check their thread.

Just go around gambling section and reputation/scam accusations section will help you find a legit and good one.
also service section is the place where advertising is come and promoting site in the open.

with those help you can evaluate which site is legit and safe to play.
Yes, that suggestion will help gamblers know which site is having trouble and still trying to solve the problem and which site does not want to solve the problem. Once we found the site that we want, we can play gambling without worry.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
I have only learnt up on playing gambling after i had met up crypto and it do open an opportunity to deal with lots or various of things where gambling is one of it and just like you on when
the time i do look up for something then this is the common or first place i do look upon when in doubt neither a site is good or not because community feedback is always been the best
and reliable.You can directly determine if a site is a potential scam or had been on this place for years already or simply well established and reputable.
And this is one of the benefits or goodness when you are dealing yourself into a very active community in all aspects.
Searching the recommended gambling site here is not easy. As long as the site has the active thread and @OP and they do not have a problem except fixing the member mention, that can be the site that we can try to play gambling. We can also stay away from one site if the site wants to trick people, so we do not lose our money on the bad site.
Just go around gambling section and reputation/scam accusations section will help you find a legit and good one.
also service section is the place where advertising is come and promoting site in the open.

with those help you can evaluate which site is legit and safe to play.
legendary
Activity: 2296
Merit: 2721
Searching the recommended gambling site here is not easy. As long as the site has the active thread and @OP and they do not have a problem except fixing the member mention, that can be the site that we can try to play gambling. We can also stay away from one site if the site wants to trick people, so we do not lose our money on the bad site.
Have you ever taken a look at https://www.btcgosu.com? This site compares online casinos, regularly posts bonus promotions and investigates scam accusations against casinos and warns users about them if they actually turn out to be true. I personally like to use it, especially when I want to try a new casino and am about to deposit BTC. So you do not have to follow umpteen threads here in the forum but get important information immediately at a glance.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I have only learnt up on playing gambling after i had met up crypto and it do open an opportunity to deal with lots or various of things where gambling is one of it and just like you on when
the time i do look up for something then this is the common or first place i do look upon when in doubt neither a site is good or not because community feedback is always been the best
and reliable.You can directly determine if a site is a potential scam or had been on this place for years already or simply well established and reputable.
And this is one of the benefits or goodness when you are dealing yourself into a very active community in all aspects.
Searching the recommended gambling site here is not easy. As long as the site has the active thread and @OP and they do not have a problem except fixing the member mention, that can be the site that we can try to play gambling. We can also stay away from one site if the site wants to trick people, so we do not lose our money on the bad site.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.
It have become a standard.

For someone who's in the forum, if there's no official ann thread that's being found on the gambling section. It's what you and probably the others are doing.

It's not a bad basis and standard because you get to see people posting on their ann threads if there's a common problem or they've got a trust issues from the community that have gambled on their casino.

This is true. Most forum users stick to casinos that are found in this forum because it is easier to interact with the casino rep if they have thread here. But for some who want to check the reputation of the site, you can always check the trustpilot - https://www.trustpilot.com/ also. Sometimes, you can read outside reviews but of course, verify also the authenticity of the complaint. Because some are bogus reviews. But for me, this forum alone is more than enough to know the reputation of the casino.
Yes, some of them don't have the rep and became inactive but as much as you see, there are reviews already being posted which will be helpful for your choice.

Those other reviews website will help you but check if it's obvious that those reviews are paid.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.
It have become a standard.

For someone who's in the forum, if there's no official ann thread that's being found on the gambling section. It's what you and probably the others are doing.

It's not a bad basis and standard because you get to see people posting on their ann threads if there's a common problem or they've got a trust issues from the community that have gambled on their casino.

This is true. Most forum users stick to casinos that are found in this forum because it is easier to interact with the casino rep if they have thread here. But for some who want to check the reputation of the site, you can always check the trustpilot - https://www.trustpilot.com/ also. Sometimes, you can read outside reviews but of course, verify also the authenticity of the complaint. Because some are bogus reviews. But for me, this forum alone is more than enough to know the reputation of the casino.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.
It have become a standard.

For someone who's in the forum, if there's no official ann thread that's being found on the gambling section. It's what you and probably the others are doing.

It's not a bad basis and standard because you get to see people posting on their ann threads if there's a common problem or they've got a trust issues from the community that have gambled on their casino.
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