Topic: What makes you trust bitcoin related services? - page 4. (Read 898 times)
I added another question to the topic,,,
I am trusting bitcoin related services like bitcoin casino or bitcoin gambling if the website or the gambling site is already prove by many users that it is safe and the game have the fairness to the users as well.
But before I trust those kind of gambling sites I am checking first the review of the people if the site is good and no negative reports from its users and etc.
About the exchangers, I am also looking on the front end of the platform as well as the review of some people who tried already the exchanger, so that I would become aware on what would be the exchanger's background.
That would be the ways why I trust bitcoin related services.
But before I trust those kind of gambling sites I am checking first the review of the people if the site is good and no negative reports from its users and etc.
About the exchangers, I am also looking on the front end of the platform as well as the review of some people who tried already the exchanger, so that I would become aware on what would be the exchanger's background.
That would be the ways why I trust bitcoin related services.
I can not trust companies in the crypto industry. Now the risks are very high, so I use only very popular and well-known sites. The industry is very young and there are many scammers, so it’s hard to find really good services
You shouldn't too worry about how it's hard to find a legitimate bitcoin-based services as you have this forum where we talk everything about cryptocurrency project, giving them a test and review publicly, verify things and many more we can discuss it here you just need to dig deeper into the conversations... and you'll find the answer. It's work for me everytime I needed one ... to look whether the project/ services is well known already , is it have a long reputation history etc and then I can decided it's a legitimate one or not.
I think what makes me trust and make a deposit with Bitcoinku is by looking at the platform and seeing how much interaction it has with various users and legit or not. but gambling places will not be able to provide a guaranteed profit and there is a very high risk of loss, it is better you can avoid gambling like that, you better trade in the exchange because if you gamble when you lose money and capital you have immediately lost whereas if you trade at the exchange place when the price falls you can still hold it until the price rises again.
Hi,
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
Obviously it's trust. Bitcoin's payment network was created to be P2P which means two persons can interact with each other without any intermediary because they both have mutual trust with each other. Every website is created on such trust. Even though there is a little legal protection atleast if the casino and user are from same country otherwise it's just based on trust. This trust can be built using advertisement and past experiences of other users. For example if we see any website showing their banner on the forum it generally can be trusted( Forum doesn't takes any responsibility for that even though) but I personally feel that site to be a bit more reliable. Moreover a look on the scam accusation section can also make you trust the website. I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
Hi,
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
What makes us believe is that the company is clear in the sense that it has been trusted by many people. And has been operating for a long time. it is often added in big news so that many people see that the company is not deceptive or risky. So far, starting from the wallet to the casino site that you mentioned, most people have been able to distinguish which is good and risky I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Why do you trust some website/company with your bitcoins?
Trusting a service depends upon the reputation of the company, i usually do not invest my coins in any new website aka exchanges or gambling sites unless they are in the market for a longer period of time and once i finish my rolls i usually withdraw the money rather than holding those in the site.Is it the provably fair? Does it mean you trust a site when the game is fair?
Before depositing you need to verify whether those are provably fair website and if it is not and you are unable to verify your bets then what is the point in playing in those sites, reputation and to some extent offers given by a site attracts me .
Why shouldn't I trust them? I trust them as much as I trust the services associated with cash.
Hi,
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
I only trust the Bitcoin related services that I am using because of their track record. Without those clean track records I would not have continued using them. Bitcoin casinos should be provably fair, without KYC, and will ask zero withdrawal fee for me to use them. There are a lot of options out there with those qualifications so I have to look at their track records as well. There are many Bitcoin casinos that have shady past.
Reputation is the key! You cannot just go ahead to buy something with bitcoin from someone or company you don't know or trust. If you do that you'll easily get scammed. The first rule of dealing with bitcoin is must know the person or company you are dealing with by knowing their reputations.
It's best to base your trust with companies reputations, just needed to research much deeper and not to relied with some review based websites which can also be a paid shills for the benefits of the company. Having enough time to do your own ways of researching and make sure you are always aiming for good basis in order to avoid or lessen the chances of getting scammed. it's hard to earned trust that's for sure, so find the place who already have it and experienced things for your own opinion.
Reputation is the key! You cannot just go ahead to buy something with bitcoin from someone or company you don't know or trust. If you do that you'll easily get scammed. The first rule of dealing with bitcoin is must know the person or company you are dealing with by knowing their reputations.
It's best to base your trust with companies reputations, just needed to research much deeper and not to relied with some review based websites which can also be a paid shills for the benefits of the company. Having enough time to do your own ways of researching and make sure you are always aiming for good basis in order to avoid or lessen the chances of getting scammed. it's hard to earned trust that's for sure, so find the place who already have it and experienced things for your own opinion.
Hi,
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
casino will always be one of the benchmarks of using bitcoin, the more casinos that use deposits using bitcoin, then bitcoin will always be used. Because the transaction value for the casino is also not small
we can emulate it like dogecoin, we all know until now there is no clarity about this coin, but until now he can still survive with insignificant values, one of them because it is helped by the casino.
the use of deposits and withdrawals for bitcoin in the casino itself is very large, this is very helpful for bitcoin growth
Overall: What makes you trust bitcoin related services?
I trust some bitcoin-related services/websites online because I do research and background check on the site/company. Having knowledge about the team behind the service/website that I'll be investing in is a must for me before I trust my bitcoin of any amount. That's the only way they can get my trust to invest, for them to prove that they can provide the right service and they are legitimate.Searching for feedback or reviews is one way to prevent being a victim of a scam, if there's a lot of users are trusting a certain bitcoin-related service, I can also put my trust on it.
As for me, it's important that we'll know about their trust rate based on their user's reviews and feedback. It's necessary to check their legitimacy and the team behind their site. We have to choose top gambling sites because we'll be risking our funds if we'll join without checking. It's our responsibility to do a series of research first.
I also love to gamble at times when the price of bitcoin is low. And one of the things I look to determine if it's legit is the reviews of people who use it. I'm also trying to test deposit so I know it's trustworthy because gambling websites today are fake and can't really be trusted
I only trust Bitcoin services online if I can make some checks, if the reviews are good and if that service has some longer existance history. I always check the owners if possible and the website itself. Also, important is customer service and how they respond. However, there is no 100% certainty so scam or kind of misuse is always possible.
Hi,
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
It is quite simple, as a Bitcoin enthusiast, any service that caters or accept Bitcoin gives a light mood to us. It is not actually trusting but rather trying the service if it is reputable and live to what we are expecting. It needs to be proven before we fully trust that platform or website. And if by a series of use of their service and they do not fail to deliver then that trust will build up. In short, the proven service makes me trust Bitcoin related services.
Overall: What makes you trust bitcoin related services?
I trust some bitcoin-related services/websites online because I do research and background check on the site/company. Having knowledge about the team behind the service/website that I'll be investing in is a must for me before I trust my bitcoin of any amount. That's the only way they can get my trust to invest, for them to prove that they can provide the right service and they are legitimate. I don't entirely trust them (Bitcoin exchanges or any Bitcoin related services) it's just that they are convenient to use and also a licensed company. Let's take the third party wallet coins.ph for example. Coins.ph is a wallet that holds your Bitcoin for you, so why would you let them hold your Bitcoin? Because of their services. Coins.ph has a lot of services like paying bills, buying game credits, and a loading station. You could make a business out of this services as Coins.ph gives you rebate for every purchase.
that wallet though may not really be trust because they don't provide us the privatekeys, i'm a filipino too who has no other option. but i'm definitely limiting the amount sent there. withdrawals are even limited to how much KYC documents have been sent to them. right now i'm still below 400k and i think that is enough of the information for BIR to come knocking my doors when the government starts monitoring us.
there are 3rd party you can trust and there are the ones you have to avoid specially the ones asking KYC documents.
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