Bitcoin Forum

I rather do not post here much anymore, because many people have no clue about money and economics and they just repost here any bullshit that will kill fiat tomorrow etc. But I believe in Bitcoin for pure fundamental reasons. Those reasons are not that Bitcoin is something simpler or cheaper than centralised money. The reasons why Bitcoin has future, although it is still quite complicated instrument with bad name, is that soon many businesses will be out of fiat transactions, esp. the USD.

It happens that I do a lot of biz in advertisement and gambling. Recently 5dimes was cut of their funds http://calvinayre.com/2016/03/02/business/online-sportsbook-5dimes-costa-rica-money-laundering-probe/ and accused of moneylaundering. So it happened they now pay out players and business partners ONLY in Bitcoins. It is not pennies, they are making netto tens of millions per year.

Then came Panama leaks, banks got crazy now. I think the biggest bookie for US: Bovada, finally adopted Bitcoins. I tried to persuade them for maybe 2 years and they thought it is some kid's play. Now Bitcoin seems to be their hope. One month ago they told me they are trying it. Today they told me that the only option to get money from them is Bitcoin.

Those are big news. I believe together with halving we will see now incredible surge of value. This is not about buying coffee in Starbucks, which is nonsense. Those are quite large bitcoin transactions that do not care much about transaction fees. Imagine that the fees that bookies pay to get money to and from US are at 5-10%.

I have a feeling something has now started to move and avalanche is approaching. I am very much surprised nobody informed about this gambling development yet. Bitcoin is not just an option, it becomes the only option.

Has bitcoin withdrawals been confirmed for Bovada? I know they accept bitcoin deposits, but as far as know, they didn't have the option for bitcoin withdrawal.

all things are looking like the US market will be shifting to BTC after the
panama paper leak, its going to much much much harder to move massive sums
of money around

No, it is you who is off and who is not doing his homework. It is an old chart. When you click on Cashier (even if you are non US person, e.g. you can not use Skrill), you get only Acct2acct transfer or Bitcoin payout.

The moneylaundering of course in 5dimes case is nothing else than transferring money to and from 5dimes. US calls that moneylaundering. That does not mean it is moneylaundering.

...Recently 5dimes was cut of their funds {link}online-sportsbook-5dimes-costa-rica-money-laundering-probe/ and accused of moneylaundering. So it happened they now pay out players and business partners ONLY in Bitcoins. It is not pennies, they are making netto tens of millions per year.

You mentioning Panama Papers is something that I hadn't really thought about.
I wonder if it will have an effect on the popularity of Bitcoin, if so, it might bring along new regulations in certain countries.

 Nope.  That is the latest up to date chart.  Also, customer service told me to check that link to see all the available funding methods including withdrawals.  Am I to assume they are lying to me?  Maybe you have an unverified account.

 

i don't get this, you say they are accused of money laundering and they are under observation then you say because of this they moved to bitcoin!
maybe it is just me but it sounds strange because moving to bitcoin after being accused of money laundering seems like they want to do laundering and that is why they moved to bitcoin!

We wanted to inform you in advance that, effective June 1, 2016, we will be moving all Betting Partners affiliate payments over to Bitcoin. Bitcoin will be the only payment method available moving forward, no other payment methods will be supported as of June 1st 2016 - Including Player Account Transfer.    
    
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It's really easy to use:
–    Visit Blockchain Info and click on the 'Wallet' tab at the top of the page to set up your first wallet address - this takes only a few minutes and you can generate new wallet addresses as required at the click of a button.
–    Next, you will be able to transfer your earnings from Blockchain.info to any number of different Bitcoin Exchange services such as Kraken to exchange your Bitcoin into Fiat Currency, or you can also hold your Bitcoin in your wallet and spend it at your convenience.
–    We strongly suggest that you do not transfer your earnings directly to an exchange service but, first, to a Bitcoin wallet (Blockchain.info). Then you can move your earnings from your wallet to your exchange service as you see fit.

    
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If your monthly earnings are significantly larger, we strongly suggest looking into Bitcoin Armory. They provide a secure, offline storage solution for holding Bitcoin. Use this to hold the majority of your Bitcoin balance offline, while using other online or mobile wallet applications for regular day to day spending. They also offer Tutorials should you need to use their services..    
    
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Very interesting statement with holds much value. I see that the only way they can keep their dollar of any value is to cause war and hold a gun to the head of any nation that defies their way of policing the world.
See when Obama went to Britain and told the prime minister to keep from separating from the EU? Haha.  :D

There are also very great news from Europe.There was private meeting about digtal currncys,and very positive talks about btc,btc is no more considred like a tool what support terrorism,money laundering
etc.European officials has changed his point of view

Okay....Ignoring some of the other stuff here:  I play poker at Bovada, several WPN skins, and some of the other networks as well.  Not only that but I keep a close eye on some sites with progressive slots....What I have been witnessing over the past 3-6 months, or so, is that there are several that are now providing a bitcoin deposit method...but they still don't provide a bitcoin withdrawal option!

The case of 5Dimes is interesting....any news on the other skins on that network?