icedicedavid (OP)
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Ice-Dice.com | Massive Referral Bonus!
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October 02, 2013, 07:15:46 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Mooshire
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October 02, 2013, 07:19:26 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. |
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icedicedavid (OP)
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Activity: 154
Merit: 100
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October 02, 2013, 07:21:58 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. haha I hope not! |
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bit777
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October 02, 2013, 07:32:56 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. haha I hope not! You can certainly expect it. Depends on your location. |
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Insanity
Sr. Member
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Activity: 570
Merit: 250
Vave.com - Crypto Casino
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October 02, 2013, 09:40:21 PM |
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That can't be good.
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markjamrobin
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October 02, 2013, 09:41:50 PM |
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That can't be good.
Contrary to popular belief, you don't own a legitimate gambling site. But, thanks for the support. Please email me at blobrs@gmail.com. |
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addi
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October 02, 2013, 09:58:11 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. haha I hope not! You can certainly expect it. Depends on your location. Actually depends probably more on if US citizens are accepted/able to play on the site, regardless of the location of the site |
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markjamrobin
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October 02, 2013, 10:05:01 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. haha I hope not! You can certainly expect it. Depends on your location. Actually depends probably more on if US citizens are accepted/able to play on the site, regardless of the location of the site Hopefully some casinos will at least not block through IPs. |
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pand70
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October 02, 2013, 10:07:40 PM |
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You own a gambling site and you are spreading fud?  wtf? |
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icedicedavid (OP)
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October 02, 2013, 10:21:59 PM |
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You own a gambling site and you are spreading fud? wtf? I'm not spreading FUD. I just think this is a worth while topic to discuss. |
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giantdragon
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Activity: 1582
Merit: 1002
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October 02, 2013, 10:36:59 PM |
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Hopefully some casinos will at least not block through IPs.
I don't understand why blocking IPs, it is just ridiculous - anyone could easily access this site through VPN, TOR, proxy or just Opera Turbo. If you are physically located in the U.S. or any other country which legislation prohibit Bitcoin gambling, you will be in the trouble no matter if you have or not this stupid block! |
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icecube
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October 02, 2013, 10:47:36 PM |
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Yeah, especially since us dollar gambling sites are almost nonexistant
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monbux
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Merit: 1024
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October 02, 2013, 11:29:01 PM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. haha I hope not! You should know, owning that dice site of yours  |
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darkmule
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Activity: 1176
Merit: 1005
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October 07, 2013, 05:46:30 AM |
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You own a gambling site and you are spreading fud? wtf? You'd rather bury your head in the sand and then act shocked when the obvious happens? |
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knowitnothing
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October 07, 2013, 06:01:44 AM |
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Now that FBI took down Silk Road, maybe we are their next target?
Bitcoin gambling isn't illegal. Actually it is illegal, some people here need a lawyer. If you are running a gambling site in the USA think of leaving the country and change the server location. Also note that this doesn't make it legal. You are just moving from the worst possible place to be, to somewhere else not as bad. Online gambling requires licenses, license renewals, etc, which usually are way above what the current bitcoin gambling sites can afford. Also, I do not believe you can simply start in "illegal mode" and pay for licenses to go legal. |
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darkmule
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October 07, 2013, 06:21:48 AM |
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Actually it is illegal, some people here need a lawyer. If you are running a gambling site in the USA think of leaving the country and change the server location.
There's nothing explicitly outlawing "Bitcoin gambling." However, most states have laws against running a gambling operation and taking a rake. These generally consider gambling to be for "anything of value," and anyone arguing Bitcoin doesn't have any value is not only FOS, but not going to be very convincing to a jury. After all, why would anyone take a cut of something with no value? The feds have maintained the position that the Wire Act prohibits Internet gambling operations (gambling operations defined as above), but it is far from certain this is actually true. In fact, the recent Unlawful Internet Gambling Enforcement Act (UIGEA), the cause of "Black Friday," only prohibits bank transactions connected to "unlawful gambling" operations. So Bitcoin-only sites don't have to worry about that particular law's banking prohibitions. So while there's no clear federal law prohibiting online gambling per se, people like Calvin Ayres (Bodog) are fugitives at present as a result of federal claims that there are. On top of that, individual states do have much more clear laws prohibiting "unlawful gambling." If a site is knowingly accepting visitors from a state (or perhaps is merely being willfully blind), that state can and perhaps will exercise jurisdiction under its long-arm statute, as that constitutes "doing business" in the state. Anyone who is going zip-a-dee-doo-dah and just assuming nothing will ever happen is burying his head in the sand. |
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bit777
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October 07, 2013, 09:56:40 AM |
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Actually it is illegal, some people here need a lawyer. If you are running a gambling site in the USA think of leaving the country and change the server location.
There's nothing explicitly outlawing "Bitcoin gambling." However, most states have laws against running a gambling operation and taking a rake. These generally consider gambling to be for "anything of value," and anyone arguing Bitcoin doesn't have any value is not only FOS, but not going to be very convincing to a jury. After all, why would anyone take a cut of something with no value? The feds have maintained the position that the Wire Act prohibits Internet gambling operations (gambling operations defined as above), but it is far from certain this is actually true. In fact, the recent Unlawful Internet Gambling Enforcement Act (UIGEA), the cause of "Black Friday," only prohibits bank transactions connected to "unlawful gambling" operations. So Bitcoin-only sites don't have to worry about that particular law's banking prohibitions. So while there's no clear federal law prohibiting online gambling per se, people like Calvin Ayres (Bodog) are fugitives at present as a result of federal claims that there are. On top of that, individual states do have much more clear laws prohibiting "unlawful gambling." If a site is knowingly accepting visitors from a state (or perhaps is merely being willfully blind), that state can and perhaps will exercise jurisdiction under its long-arm statute, as that constitutes "doing business" in the state. Anyone who is going zip-a-dee-doo-dah and just assuming nothing will ever happen is burying his head in the sand. Your statement is 99% accurate. I would just want to add something more to it. Cailvin Ayre and the rest of the pack were indicted for sports betting. Last year DOJ came out with a resolution that the Wire Act only covers sports betting and does not include online casinos and poker rooms. This was neccessary for the Federal legislation to pass the online gambling laws in Nevada, Delaware, NJ, and pending in a few other States. Given the fact that UIGEA concerns only financial institutions, theoretically as of today there isn't a single law that bans online casinos or poker rooms out of US (except for the said 3 States which have clear legislation). However, the same cannot be said for sportsbooks. They are illegal by US laws and could be prosecuted due to the Wire Act (taking bets on sports events through telecommunications/internet). |
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Mooshire
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October 07, 2013, 01:02:22 PM |
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My info might be old, but in the past this was discussed with current fincen regulations and it was determined that bitcoin gambling was not illegal.
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darkmule
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October 07, 2013, 01:20:50 PM |
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My info might be old, but in the past this was discussed with current fincen regulations and it was determined that bitcoin gambling was not illegal.
Additionally FinCEN has basically nothing to say about what laws states pass, and each state has its own opinion on the matter. Further, the DOJ has its own opinion on the matter, and has been very broad about what it claims is prohibited by law. Until a court has actually said something, nothing anyone says on the subject is anything but opinion. FinCEN carries a lot of weight when discussing the specific laws and regulations it carries out. However, outside that domain, their opinion carries no more weight than mine or, for that matter, that of the DOJ or of the states. It also has nothing to say about what is legal in countries other than the United States, except insofar as the U.S. government can exert considerable pressure to force the banks of other countries to conform to the U.S. view of legality. |
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fattypig
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October 07, 2013, 02:45:24 PM |
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Well, there are tons of online fiat gambling website, I don't see why they are targeting bitcoin gambling site first?
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