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tzman
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May 15, 2016, 05:46:24 PM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. This is a big issue ,and its better to collect 1 btc daily as fee then run away with 2000bitcoins in a day using the hackers attack to justify,but there are people outside that dont cares as long they achieve their magical number they scam the user instead on focus into give the best experience and be able to work out to grow their income ,possible making it reach 3-5btc daily with some hard work . |
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goldcoinminer
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May 16, 2016, 03:38:43 AM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. This is a big issue ,and its better to collect 1 btc daily as fee then run away with 2000bitcoins in a day using the hackers attack to justify,but there are people outside that dont cares as long they achieve their magical number they scam the user instead on focus into give the best experience and be able to work out to grow their income ,possible making it reach 3-5btc daily with some hard work . Gambling sites operate with full internal control to avoid any hacking incident. It was already built in in their system that is why we gamblers are attracted to bet on as we are assured of it. If any instance the gambling sites announces that they are hack, it should be they doing it trying to scam us. |
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tsaroz
Legendary
 Online
Activity: 2940
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
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May 16, 2016, 03:50:52 AM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. This is a big issue ,and its better to collect 1 btc daily as fee then run away with 2000bitcoins in a day using the hackers attack to justify,but there are people outside that dont cares as long they achieve their magical number they scam the user instead on focus into give the best experience and be able to work out to grow their income ,possible making it reach 3-5btc daily with some hard work . The market has every sort of business and people. In real or virtual market, it's up to the user to judge and trust the bookers. Its easy to start a business but difficult to gain the trust. People who falls for spammer deserve that for their choice. Gambling is a risk, in every sense. |
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Zooplus
Legendary
 Offline
Activity: 1106
Merit: 1000
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May 16, 2016, 08:12:33 AM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. This is a big issue ,and its better to collect 1 btc daily as fee then run away with 2000bitcoins in a day using the hackers attack to justify,but there are people outside that dont cares as long they achieve their magical number they scam the user instead on focus into give the best experience and be able to work out to grow their income ,possible making it reach 3-5btc daily with some hard work . The market has every sort of business and people. In real or virtual market, it's up to the user to judge and trust the bookers. Its easy to start a business but difficult to gain the trust. People who falls for spammer deserve that for their choice. Gambling is a risk, in every sense. That's true, although gambling sites are very profitable but the amount required to make it is huge. Also, before you can make a site you need to study the market, your competitors so you will know how to react in times of stiff competition. |
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davis196
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May 16, 2016, 11:54:45 AM |
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Bitcoin gambling is exploding untill the governments start to regulate btc gambling.
Sonner or later this will happen.
Untill then,lots of people will profit...
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s@toshiClaims
Full Member
Offline
Activity: 154
Merit: 100
☜★ WinBits Trade ★☞
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May 16, 2016, 11:57:42 AM |
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offcourse you can bet anonymous  |
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teilwalL05
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May 16, 2016, 12:05:01 PM |
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Bitcoin gambling is exploding untill the governments start to regulate btc gambling.
Sonner or later this will happen.
Untill then,lots of people will profit...
If they can control their bets and never get greedy in gambling that is possible but at times people become addicted to it and that will be the time they will lose so much in gambling but they can't stop in playing it, that is why many countries banned gambling because of so much addiction just like drugs |
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The_prodigy
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May 16, 2016, 12:15:19 PM |
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Bitcoin gambling is exploding untill the governments start to regulate btc gambling.
Sonner or later this will happen.
Untill then,lots of people will profit...
If they can control their bets and never get greedy in gambling that is possible but at times people become addicted to it and that will be the time they will lose so much in gambling but they can't stop in playing it, that is why many countries banned gambling because of so much addiction just like drugs Honestly gamble your money is one of the sins that's why gambling is banned in some country.. and i think gamble is sins in all religions.. Muslim catholic or any religions.. So its better to stay away from any gambling because if you are addicted to it you will lose everytime you play.. |
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teilwalL05
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May 16, 2016, 01:37:45 PM |
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Bitcoin gambling is exploding untill the governments start to regulate btc gambling.
Sonner or later this will happen.
Untill then,lots of people will profit...
If they can control their bets and never get greedy in gambling that is possible but at times people become addicted to it and that will be the time they will lose so much in gambling but they can't stop in playing it, that is why many countries banned gambling because of so much addiction just like drugs Honestly gamble your money is one of the sins that's why gambling is banned in some country.. and i think gamble is sins in all religions.. Muslim catholic or any religions.. So its better to stay away from any gambling because if you are addicted to it you will lose everytime you play.. Yup! Gambling is a sin because money is the root of all evil, in some aspect of religion gambling as seen as a sin by some and it is true, but in some people gambling is just there because of the fun and excitement involve with it, but in my perspective gambling is not sin it is evil the one that are sin are the person involve in it because we are all sinners. |
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goldcoinminer
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May 17, 2016, 07:24:18 AM |
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Bitcoin gambling is exploding untill the governments start to regulate btc gambling.
Sonner or later this will happen.
Untill then,lots of people will profit...
If they can control their bets and never get greedy in gambling that is possible but at times people become addicted to it and that will be the time they will lose so much in gambling but they can't stop in playing it, that is why many countries banned gambling because of so much addiction just like drugs Honestly gamble your money is one of the sins that's why gambling is banned in some country.. and i think gamble is sins in all religions.. Muslim catholic or any religions.. So its better to stay away from any gambling because if you are addicted to it you will lose everytime you play.. Yup! Gambling is a sin because money is the root of all evil, in some aspect of religion gambling as seen as a sin by some and it is true, but in some people gambling is just there because of the fun and excitement involve with it, but in my perspective gambling is not sin it is evil the one that are sin are the person involve in it because we are all sinners. It is not a sin, it will only be a sin if you do bad things or against the law of God while gambling. Say for example, you lost big and you don't have money anymore to gamble, since you are desperate to gamble for a chance to win back your losses you rubbed a bank to have a money for gambling then I would say that is a sin. |
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DuckKeeper
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May 17, 2016, 08:01:15 AM |
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It is not strange that it has grown so big. There are so many women and men who are gambling these days and of course
they find many things where they can gamble for. If it's not gold they will gamble with coins If it is not coins they gamble with all
other things that got a value.
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smho_16
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May 17, 2016, 08:04:27 AM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. Usually not some but all of the attacks so far have been proven fake and are only exit scams maybe not of the businesses themselves but of an individual who worked or was working for them. Its good so far no large casino have not made any of this excuses to get players fund, but if it does so, then the profit would be smaller than of that of a lot of gamblers playing there, thats why so far we have not seen anything like this happen to approved large casinos in bitcoin. |
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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May 17, 2016, 08:47:29 AM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. Usually not some but all of the attacks so far have been proven fake and are only exit scams maybe not of the businesses themselves but of an individual who worked or was working for them. Its good so far no large casino have not made any of this excuses to get players fund, but if it does so, then the profit would be smaller than of that of a lot of gamblers playing there, thats why so far we have not seen anything like this happen to approved large casinos in bitcoin. Absolutely, why would a gambling sites operate if it is prone to hacking or they don't have a system to contradict hackers. It requires a lot of money in gambling so the owner would do anything to protect their investment. Don't believe in that kind of shit cause that site would just scam you sooner or later. |
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smho_16
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May 17, 2016, 09:37:44 AM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. Usually not some but all of the attacks so far have been proven fake and are only exit scams maybe not of the businesses themselves but of an individual who worked or was working for them. Its good so far no large casino have not made any of this excuses to get players fund, but if it does so, then the profit would be smaller than of that of a lot of gamblers playing there, thats why so far we have not seen anything like this happen to approved large casinos in bitcoin. Absolutely, why would a gambling sites operate if it is prone to hacking or they don't have a system to contradict hackers. It requires a lot of money in gambling so the owner would do anything to protect their investment. Don't believe in that kind of shit cause that site would just scam you sooner or later. Still we have seen banking systems gets hacked, so if the hacker or hackers are really good they can even hack a bitcoin casino and I think in the future this will be their target cause they know they can get quite a lot of bitcoins , its a good thing the majority of casinos store their bitcoins in cold wallets, but still hot wallets have big amount of coins also. I would be not so sure regarding an individual who is working in this company , if he has access to some sensitive areas of the website and if he has good friends with a lot of hacking capabilities it can be even an inside job. |
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teilwalL05
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May 17, 2016, 10:06:39 AM |
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It is not a sin, it will only be a sin if you do bad things or against the law of God while gambling. Say for example, you lost big and you don't have money anymore to gamble, since you are desperate to gamble for a chance to win back your losses you rubbed a bank to have a money for gambling then I would say that is a sin.
We are sinners that cause Jesus to be sacrifice from the cross to save us but a person tend to sin and I think all sorts of material things in these earth are all sins because you let it consumes you so much and I think that includes gambling and even if Jesus pays for our sin we would easy make sins every time we cling so much from all earthly things ( now I am preaching hallelujah ) |
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futurebit640
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May 17, 2016, 12:24:06 PM |
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This is all about quantity and in the future there will be a massive adoption of the future and that makes it even more awesome for the bitcoins and gambling sites.
You are only partially right about quantity. Because from what I know it is extremaly easy to create and operate bitcoin gambling site (at least compared to standard FIAT based gambling services) That is the reason we have so many cryptocurrency casinos around. But in the end people will pick their top services and there will be only few really good casinos left. It seems easy but there is also a lot of cases whereby even bitcoin top platform exchange also got hacked and are in serious trouble. In most cases hackers just capitalize on lack of imagination and human error of operators. Most of these attacks could have been reverted if owners weren't so stingy about providing additional money for security, backup, cold wallets. And some of these 'attacks' were even fake - and covered exit scams of untrustworthy businesses. Usually not some but all of the attacks so far have been proven fake and are only exit scams maybe not of the businesses themselves but of an individual who worked or was working for them. Its good so far no large casino have not made any of this excuses to get players fund, but if it does so, then the profit would be smaller than of that of a lot of gamblers playing there, thats why so far we have not seen anything like this happen to approved large casinos in bitcoin. Absolutely, why would a gambling sites operate if it is prone to hacking or they don't have a system to contradict hackers. It requires a lot of money in gambling so the owner would do anything to protect their investment. Don't believe in that kind of shit cause that site would just scam you sooner or later. Still we have seen banking systems gets hacked, so if the hacker or hackers are really good they can even hack a bitcoin casino and I think in the future this will be their target cause they know they can get quite a lot of bitcoins , its a good thing the majority of casinos store their bitcoins in cold wallets, but still hot wallets have big amount of coins also. I would be not so sure regarding an individual who is working in this company , if he has access to some sensitive areas of the website and if he has good friends with a lot of hacking capabilities it can be even an inside job. Yes in banking system we are facing this problem i had experience with it some one hacked my account in the early morning i am getting messages that some one purchasing with my card and suddenly i went and drawn my remaining amount. I asked bank they said some one hacked in south africa and purchased with card swip how it possible card is with me. But still that case not closed i am waiting for my refund. So in this situation we can not trust any one. SO Bitcoin and bank both are same according to me. |
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LoyceV
Legendary
Offline
Activity: 3304
Merit: 16607
Thick-Skinned Gang Leader and Golden Feather 2021
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May 17, 2016, 12:54:21 PM |
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Privacy is the best gift this bitcoins has given us, we can gamble with anonymity and we have the privilege to choose from different sportsbook to bet on. We can even bet at the comfort at our own home, that is why bitcoins will become more stable.
Bitcoin is not private. Say you want to be absolutely sure nobody can link a payment to you. That means you have to hide your IP-address in that transaction, but also in all other transactions in the chain leading up to that transaction, upward to the moment where you buy the bitcoins. And buying bitcoins often requires a form of ID, showing your real identity. If you have more transactions in between it becomes more difficult to trace you, but you'll need to use things like bitmixers and darkwallet to completely hide yourself. Even if you buy a bitcoin with cash, the buyer can help for example a copyright agency to identify you. It will depend on how deep the agency is willing to dig. And if it's a law enforcement agency, they can get even more access. Call me paranoid? Sure! But just for fun, try to make a transaction that can't be linked back to you in any way. It's not that easy. Of course Bitcoin is much more private than any other way of online gambling, so it's still the best option. It's just not perfect and it is important to realize its limitations on privacy. |
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Pursuer
Legendary
Offline
Activity: 1638
Merit: 1163
Where is my ring of blades...
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May 17, 2016, 01:20:34 PM |
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Privacy is the best gift this bitcoins has given us, we can gamble with anonymity and we have the privilege to choose from different sportsbook to bet on. We can even bet at the comfort at our own home, that is why bitcoins will become more stable.
Bitcoin is not private. Say you want to be absolutely sure nobody can link a payment to you. That means you have to hide your IP-address in that transaction, but also in all other transactions in the chain leading up to that transaction, upward to the moment where you buy the bitcoins. And buying bitcoins often requires a form of ID, showing your real identity. If you have more transactions in between it becomes more difficult to trace you, but you'll need to use things like bitmixers and darkwallet to completely hide yourself. Even if you buy a bitcoin with cash, the buyer can help for example a copyright agency to identify you. It will depend on how deep the agency is willing to dig. And if it's a law enforcement agency, they can get even more access. Call me paranoid? Sure! But just for fun, try to make a transaction that can't be linked back to you in any way. It's not that easy. Of course Bitcoin is much more private than any other way of online gambling, so it's still the best option. It's just not perfect and it is important to realize its limitations on privacy. yeah, bitcoin is pseudo-anonymous and we all know that. but when it comes to gambling and using your coins to go on a sports book or a casino to gamble then you are anonymous because for example you are not using a payment processor like paypal or your credit card that can make some trouble for you (if gambling is not allowed in your country) and that is mostly because nobody is monitoring your transactions and also the IP in tx is not so reliable. |
Only Bitcoin
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LoyceV
Legendary
Offline
Activity: 3304
Merit: 16607
Thick-Skinned Gang Leader and Golden Feather 2021
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May 17, 2016, 02:11:27 PM |
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but when it comes to gambling and using your coins to go on a sports book or a casino to gamble then you are anonymous because for example you are not using a payment processor like paypal or your credit card that can make some trouble for you (if gambling is not allowed in your country) and that is mostly because nobody is monitoring your transactions and also the IP in tx is not so reliable.
Another thing to keep in mind: After you withdraw it is very easy to connect your funds back to the online casino, for instance with walletexplorer.com. I've checked several of my transactions, and it knows exactly which payments came from what casino. If you then use your bitcoins to pay for your Municipal Services, you may be sharing more information with your government than you realize. |
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goldcoinminer
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May 18, 2016, 04:38:08 AM |
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but when it comes to gambling and using your coins to go on a sports book or a casino to gamble then you are anonymous because for example you are not using a payment processor like paypal or your credit card that can make some trouble for you (if gambling is not allowed in your country) and that is mostly because nobody is monitoring your transactions and also the IP in tx is not so reliable.
Another thing to keep in mind: After you withdraw it is very easy to connect your funds back to the online casino, for instance with walletexplorer.com. I've checked several of my transactions, and it knows exactly which payments came from what casino. If you then use your bitcoins to pay for your Municipal Services, you may be sharing more information with your government than you realize. Well with that problem, we can always make many bitcoin wallet just for the purpose of gambling. Sharing of information should be provided otherwise the purpose of being anonymous will be defeated. |
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