OP, thank you for responding to my PM to come back to this thread! You have really honored your promise to answer all the questions that were asked on here... and it was very detailed too. 

I know you guys are pretty busy, but it will be nice if you can pop in to see if anyone has asked any new questions. Good luck with all the new things that you are launching ..... and also with adding Monero. 

Banks do this, when they want to stop a Bank run in countries where the economy are struggling. They do not want loads of people running to the Bank and emptying their Bank accounts. Is this ethical ..... NOPE... it is not. Is this understandable? ....YES... because if everyone withdraw their money... Banks will go bankrupt. (So they looking out for their own interest and not that of their customers)

In Bitcoin we believe that everyone should be their OWN Bank..... and that you should be in FULL control over your own wealth. You can only do that, if you have FULL control over your Private Keys.

Well, that is a hot topic for discussion.. because the early casinos where very "anonymity" conscious, because Crypto currencies were illegal in most countries back then. Since the early days.. a lot of regulations has come into play and Crypto currencies has become less anonymous. (Also the introduction of third party services like Exchanges and wallet providers has almost killed anonymity, before your coins reach the casinos)    

The Fiat based casinos that converted to Crypto currencies were "regulated" before they started to accept Crypto currencies, so nothing changed with them. Some of the Crypto casinos grew bigger and bigger and they had to license their casinos and most of these licenses require that the casino ask for KYC/AML verification.  

Just as a matter of interest... is this the token that they were going to use for Chipstars.bet? ==> https://thebittimes.com/token-CHIPS-BSC-0xa1ebe75ca488afaf0b181c2f4e09c414861ac8e2.html

Well, if it is...... then nothing is happening with the token, because there are absolutely zero transactions.  

They are still offering Bitcoin (BTC) deposits, so they did not abandon Crypto currency deposits. See below :

"Every player has the ability to deposit, withdraw, and play with funds in Euro (EUR), subject to minor restrictions which may be imposed by some payment methods. Players can also optionally keep money in US Dollar (USD), Swiss franc CHF, Bitcoin (BTC)."

Source : https://chipstars.bet/payments/payment-details-policy

Ps : I think the marketing team forgot about this thread... so the mods must just close it to prevent more necro posting. They can open it again, if they are serious about Crypto currencies.  

OP was Online today, so I send him a reminder of this thread. Let's hope he respond....

Well, you cannot judge the support based on one attempt, because you might have just been lucky that one of them was available when you tried. I am not saying that you should spam them with frequent tests, because that will just increase their problems, but a query now and again will not hurt. 

I am curious to know if they have support 24/7 to cover all time-zones ...and if certain time-zones gets more support than others. That will be the true test for new casinos, because most smaller casinos fail ..because they only have one small team that are only on duty in one time zone. 

You kinda have it spot on with your mention of Bitcoin being the alternative option. We have seen several incidents in other countries, like Greece... where the government instructed the Banks to close their doors. In these countries, people could not get access to their own money or the supply of the money were restricted at the ATMs. 

Bitcoin will always be the "alternative" currency, when the shit hits the fan in the Banking industry. It will find it very difficult to be the primary or reserve currency, because the governments are blocking that privilege. 

There are many payment processors that are accepting Bitcoin as a payment option and then they add some fees to convert it to Fiat currencies, so that businesses can accept Bitcoin as a payment option. We as a Bitcoin community does not want these intermediaries to add themselves in between the customer and the business, because they slow down transactions and they make the payment more expensive. 

We want Bitcoin to be an alternative "Currency" on it's own... and for people to make transactions with Bitcoin directly, without the need of centralized intermediaries. 

Well, the Monthly is out... so we will have a lot of happy people in the Chat channels now.... until the 16th, when they bet all of it.  Then we start the whole process again to listen to the people asking for a Post monthly. (birdies tweet tweet.... asking to get fed)

If Stake decides to take away these bonuses, it will signal the end of it, because too many people stay with Stake.com for these bonuses. Wagering has been almost impossible this last week.... I am getting $20 per $1000 wagered... which is pretty pathetic. 

Well, it's the same for anything that holds value : Your car .... your cellphone.... your Fiat wallet or even the pincode for your debit card. You are not going to stop thieves and criminals from taking wealth from you, but when you trust a financial entity from securing your wealth ...and they start denying you access to your wealth... well that is something different all together.  

Also remember.... people getting robbed are isolated incidents... but a whole nation being prohibited to have access to their wealth, is something that needs to be highlighted.  

https://www.reuters.com/world/middle-east/woman-holds-up-lebanese-bank-13000-her-own-money-advocacy-group-says-2022-09-14/

" One woman with a gun and some associates briefly held hostages at a branch of BLOM Bank (BLOM.BY) in the capital Beirut, before leaving with more than $13,000 in cash from her account.... "

" Lebanon's banks have locked most depositors out of their savings since an economic crisis took hold three years ago, leaving much of the population unable to pay for basics. "

Let's just imagine this scenario where you have to "rob" a Bank to get access to your own money that you deposited with them. We think these things are impossible, but it is happening and this is a reminder that it does still happen. 

Bitcoin allows you to be your OWN Bank .....and it allows you to have access to your own money, without any intermediary having the power to block it. Just make sure that you have sole access to your Private keys. 

Yes, that 30 minutes waiting time for the transaction to confirm, is going to be a problem.. if you use legacy Bitcoin. (Was this a SegWit transaction or Legacy Bitcoin?) The alternative might be to use the Lightning Network, if your customers are familiar with it... it is almost instant transactions at a fraction of the cost they are paying now. 

Well, good luck with your new business venture... I hope it will be very successful in the future.. just don't give up.    I will give people a small incentive to rather use Bitcoin over other payment methods, by introducing a discount for people who are paying with bitcoins. 

Well, KYC requirements can scale to a level where you have to supply the information that shows the source of your gambling deposits. I think Stake has done it in the best way possible... with Level 1 & 2 just covering the basics like email address and ID card etc.. and then at level 3 and 4 .. it requires you to supply the source of your funds.

So for the average gambler, you can just require an email address and ID documents... but when you step up into "highroller" levels, they can ask for "source of funds" information. The organized syndicates can even fake those documents, so nothing is really bulletproof. (You can hire 1000 small time gamblers to launder money for you.. there are loads of unemployed people that are desperate for income) 

Anyone want to take a guess how long Freebitco.in will go without compulsory KYC (Know Your Customer) verification? It has become a trend for sites to go without it for many years and then suddenly they change business model or they make KYC requirements compulsory. 

A lot of these sites get a gambling license from some "island"  and they are forced to implement KYC requirements to qualify for this license. Stake.com also have a flexible standpoint on this, but they reward players, if they verify their real identity. (this is a good example of how it should be done) 

I think the monarchy have a lot less "teeth" than what they had before, the Prime minister and the the House of Lords and the House of Commons are governing the UK now. The "crown" is just a legacy of the past that are uphold for traditional reasons.  

In any way, the decision to postpone all Sport in the UK last weekend, had a significant financial affect on the global economy... if you look at the money that they have lost. (Bookmakers and Sport stadiums etc...)  

There was a time when we were close to a 51% attack... and you know what happened?

1. Some of the miners in the Ghash.io consortium/Pool .... left the Pool on their own account, because they knew a successful 51% attack would be bad for everyone.

2. Imagine that you managed to pull of a 51% attack and suddenly the media gets hold of that information.... well, the Bitcoin price will take a massive hit and it will go down like crazy... because it will show that the Blockchain security are not strong enough to prevent such attacks.

3. The attacker will also lose a shitload of money... because 51% of the total hashing power is incredibly expensive. 

Let me be the "Devil's advocate" here....

Why are the developers evil and greedy, if they are coding things that people are asking for? You will always find that there are one breakthrough concept being released and then a trend forms around that concept, because the users shown interest in it.

The developers are simply giving the users more of the things they like. We always say.... look what people want.. and give that to them..and you will be successful.

I hate it when developers create something that they like .... and they do not do some market research to see what their target market wants.    Mobile gaming has become a trend..... and developers has noticed that, so they are coding what people are asking for. 

I have to congratulate you (OP) on one thing that you are doing right from the word go.... You are actively engaging with the people on this forum... and you are also acting on promises that are made. A lot of the new casinos come to this forum.... create a thread and then you hardly hear from therm again.

I know this takes a lot of effort and time to start a new casino... and having to spend extra time engaging with a forum is not one of the main priorities, but you are going the extra mile.... and that will be rewarded in the long run. Keep it up! 

So, I bought bitcoins when it was just over $300 per coin.... and I sold some of those coins when the price reached $1000 and then again at $18000 and then again at $40 000. It gave me a good boost, because I could use that money to pay off some of my debt and also to pay for things that I needed.

Now, I still have a full-time job... and lots of expenses that needs to be paid, but it is much less than the debt that I had. I can actually breath now.... and enjoy life more than when I was just a little mouse in the debt wheel. 

Well, you do not only have to use this "tip" to see the end result, before it is displayed on the screen.... you can actually learn some more about what is going on behind the scene, when you push the button. I was amazed to see how much information is send and how fast it was send, after you pressed the "bet" button.

You get some people who are simply not satisfied by only operating a machine.. they are curious to know how it works... and this method shows you some of the things that is going on under the bonnet.... whilst the machine is running. 

Now just imagine how much data are being send and received... when 11k to 15k people are online ...and dropping bets like crazy!

Ok, it will only be fair towards Bitcoin.. if they "regulate" the Banking sector too.. right? I mean... how much energy are used to run the Banking system? How much pollution is generated from their activities....

1. CCTV cameras + DVR's + Routers for security at all their buildings
2. Armored cars exhaust fumes from those large Diesel engines to transport the cash.
3. All those air-conditioning units in their building to make them nice and cosy.
4. Computers + Printers + Servers + switches + ATM's + card readers that are used.

So, how much regulations are forced onto the Banking sector to reduce their environmental impact on our world?