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Author Topic: When a Gambler/Player Dies  (Read 502 times)
BTCevo
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January 27, 2018, 07:11:33 AM
 #61

since bitcoins are not even considered money or assets in the vast majority of the countries
there is no way in hell the relatives of the diceased could even try and return the coins legally
it is akin trying to prove your relative had coca cola caps stash under one of the trees of your neighbour
you don't know which neighbour or tree and nobody will bother with the caps anyways

I believe now everyone can convert their bitcoin into their own currency therefore it is really valuable to have some bitcoin right now. But in this case, I think as long as you can prove that you are the owner cousin or anything related and it is still reasonable then you still can claim it. You need to discuss this to the owner of the site to withdraw everything. The important thing is their recent address and email that they used

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January 27, 2018, 07:37:34 AM
 #62

If owner is so generous, he would contact their family/friends. But, i don't think there is any clause on this.
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January 27, 2018, 04:42:52 PM
 #63

If owner is so generous, he would contact their family/friends. But, i don't think there is any clause on this.

The problem is that "IF" because a gambler and gambling site owner have something in common and that is "Quest to accumulate more and more".
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January 27, 2018, 04:58:49 PM
 #64

It seems odd that kind of scenario will happen in the first place. What I mean about that is all the gamblers that I know who win or wins big in a gambling site will instantly withdraw it as they know keeping it in a Wallet is much more safer and also it won't tempt them as easily as keeping it in the gambling site itself. If that kind of event ever happened I don't think that it will be in the gambling site's protocol to do so as you might be entering in a legal situation of them like showing them a death certificate for proof also an evidence that you are indeed one of their heirs.

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January 27, 2018, 05:25:39 PM
 #65

If owner is so generous, he would contact their family/friends. But, i don't think there is any clause on this.

The problem is that "IF" because a gambler and gambling site owner have something in common and that is "Quest to accumulate more and more".


But lets believe good owners still exist..
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January 27, 2018, 05:59:46 PM
 #66

If owner is so generous, he would contact their family/friends. But, i don't think there is any clause on this.

The problem is that "IF" because a gambler and gambling site owner have something in common and that is "Quest to accumulate more and more".


But lets believe good owners still exist..

People is always been greedy when it comes to money and i do agree on saying that the quest to accumulate more and more which is true but good owners do still exist but the issue here is that they would really have a hard time on searching for that gamblers identity specially most of the time we do play anonymously and tracking informations about the person is nearly impossible.

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January 28, 2018, 06:57:11 AM
 #67

All the money lye on their account if a Gambler dies. But, the Gambler should be left behind his all the credentials of the account like Email ID and password and also, the gambling site details also. If the family members are wise enough they should have the at least the email password in their hand. So that, they can generate a new password by forgetting the password. In this way, they get to access their all money. If, the family don't know even the Gambling about so forget about the money to recover.

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February 08, 2018, 10:21:29 AM
 #68

If owner is so generous, he would contact their family/friends. But, i don't think there is any clause on this.

The problem is that "IF" because a gambler and gambling site owner have something in common and that is "Quest to accumulate more and more".


But lets believe good owners still exist..

People is always been greedy when it comes to money and i do agree on saying that the quest to accumulate more and more which is true but good owners do still exist but the issue here is that they would really have a hard time on searching for that gamblers identity specially most of the time we do play anonymously and tracking informations about the person is nearly impossible.
And that is why i think it is good the site owners take more data of the player when doing registration eg. Next of kin name, address, phone number etc.
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February 08, 2018, 11:01:38 PM
 #69

All the money lye on their account if a Gambler dies. But, the Gambler should be left behind his all the credentials of the account like Email ID and password and also, the gambling site details also. If the family members are wise enough they should have the at least the email password in their hand. So that, they can generate a new password by forgetting the password. In this way, they get to access their all money. If, the family don't know even the Gambling about so forget about the money to recover.
If nobody knows that he gamble when he's still up, then even in his dead probably there is no possibility they can retrieve it, unless there are files were the gambler left one, on his laptop or in his notes, nevertheless gambler should not hold too much account on their gambling, it's enough that you deposit some when you played.

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February 08, 2018, 11:17:14 PM
 #70

This scares me on almost a daily basis.  It's best to have a benefactor (if you will) who knows your private keys and has access to your wallets. 
Not that I have a lot of crypto but I would be heartbroken if something happened to me and all of my savings/investments were to go to waste  Cry
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February 09, 2018, 12:48:17 AM
 #71

This scares me on almost a daily basis.  It's best to have a benefactor (if you will) who knows your private keys and has access to your wallets. 
Not that I have a lot of crypto but I would be heartbroken if something happened to me and all of my savings/investments were to go to waste  Cry

The problem is who will you trust? If you got a wife then tell her.

But if you have no family and only friends, then it's risky.

Imagine BTC going to $100,000 a coin and one of your friends steals the BTC

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February 09, 2018, 05:01:15 AM
 #72

This scares me on almost a daily basis.  It's best to have a benefactor (if you will) who knows your private keys and has access to your wallets. 
Not that I have a lot of crypto but I would be heartbroken if something happened to me and all of my savings/investments were to go to waste  Cry

How is it your problem though? I see this all over the place a lot of the time.. People are afraid that something would happen to them and their family/friends would not be able to retreive their crypto money.. But why should they? What have they done to know about Crypto or involve themselves enough in your crypto life to deserve getting everything?

I'd rather see people timelock transactions and have their money sent to a charity if they were to die.. that'd make more sense Cheesy

.FORTUNE.JACK.
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February 09, 2018, 05:21:34 AM
 #73

If owner is so generous, he would contact their family/friends. But, i don't think there is any clause on this.

The problem is that "IF" because a gambler and gambling site owner have something in common and that is "Quest to accumulate more and more".


But lets believe good owners still exist..

People is always been greedy when it comes to money and i do agree on saying that the quest to accumulate more and more which is true but good owners do still exist but the issue here is that they would really have a hard time on searching for that gamblers identity specially most of the time we do play anonymously and tracking informations about the person is nearly impossible.
And that is why i think it is good the site owners take more data of the player when doing registration eg. Next of kin name, address, phone number etc.
It wont work since we do all know that gamblers doesnt really prefer to disclose their information on any gambling sites or even into another site which do require such kyc. If it does then most of them wont really play on the site because we do all like to be anonymous while playing this is why this is really a hard situation for a gambler to die without even knowing on the money has been left to his account.

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February 09, 2018, 05:55:28 AM
 #74

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc
In most case, the owner won't receive anything. Their families don't know that they have a lot of money so they can't claim their account. Even if they do know, there's a lot of things to verify the account's owner. Most gambling sites require email to create account and we all know that we can't make sure that the one who hold the email is the owner of that email or not so that, it will be really difficult for the dead person's family to claim the money.


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February 09, 2018, 06:40:14 AM
 #75

This....

This shows the increasing value potential of BTC.
Not only it can't be printed, but it's deflationary by design
Every now and then people lose bitcoins forever
In the future some people will take their BTC underground and increase the value of those BTC in circulation proportionally.
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February 14, 2018, 08:10:00 AM
 #76

This scares me on almost a daily basis.  It's best to have a benefactor (if you will) who knows your private keys and has access to your wallets. 
Not that I have a lot of crypto but I would be heartbroken if something happened to me and all of my savings/investments were to go to waste  Cry
You are not the only one bros, though many people does not like to think about it. We live in a world of uncertainty, when we see or hear people dying, we dont tend to think that it can happen to us as well. Av seen a man who was on his bed and a friend came to visit him and he just escorted the friend out of the building and waved him goodnight just to be knocked down by a drunk driver. If such a man was on his system gambling, and it happens like that, what becomes of his bitcoins?. Sometimes i think about it.
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February 14, 2018, 08:38:57 AM
 #77

It's up to the player to make sure their relatives gain access and will be able to withdraw their funds wherever it's stored. Easy solution: make a will with directions how to withdraw and by whom Tongue

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February 14, 2018, 06:47:46 PM
 #78

It's up to the player to make sure their relatives gain access and will be able to withdraw their funds wherever it's stored. Easy solution: make a will with directions how to withdraw and by whom Tongue

I do not know why the bitcoin gambler should die. If they completely loose their money he will be alone without any money not dieing and all. I am confusing myself that why he is saying withdrawing funds when the place he saved in the wallet?
Dude what is you are speaking about?


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February 15, 2018, 05:33:10 PM
 #79

It's up to the player to make sure their relatives gain access and will be able to withdraw their funds wherever it's stored. Easy solution: make a will with directions how to withdraw and by whom Tongue

That's exactly what anyone who holds large amounts should do. Make sure that the will is sealed though without anyone having a chance to access the document Cheesy.

Again though, can't hold any company/site responsible for this.

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BeGoods
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March 03, 2018, 12:20:18 AM
 #80

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc
Interesting question, because we don't know when we will die. first I think making "a will letter" is important even if you are young. so when suddenly dead your family can know what your relics, but if the case is like in your question. I think you should make contact to the owner of that site, maybe will be quite difficult to do because the gambling account does not ask for ID cards on its users, so the family will be a little trouble to prove that they are his family and not just a one-sided claim

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