What makes you trust bitcoin related services?

[poldanmig]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

What makes us believe is that the company is clear in the sense that it has been trusted by many people. And has been operating for a long time. it is often added in big news so that many people see that the company is not deceptive or risky. So far, starting from the wallet to the casino site that you mentioned, most people have been able to distinguish which is good and risky

[teosanru]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?

Obviously it's trust. Bitcoin's payment network was created to be P2P which means two persons can interact with each other without any intermediary because they both have mutual trust with each other. Every website is created on such trust. Even though there is a little legal protection atleast if the casino and user are from same country otherwise it's just based on trust. This trust can be built using advertisement and past experiences of other users. For example if we see any website showing their banner on the forum it generally can be trusted( Forum doesn't takes any responsibility for that even though) but I personally feel that site to be a bit more reliable. Moreover a look on the scam accusation section can also make you trust the website.

[Google+]

I think what makes me trust and make a deposit with Bitcoinku is by looking at the platform and seeing how much interaction it has with various users and legit or not. but gambling places will not be able to provide a guaranteed profit and there is a very high risk of loss, it is better you can avoid gambling like that, you better trade in the exchange because if you gamble when you lose money and capital you have immediately lost whereas if you trade at the exchange place when the price falls you can still hold it until the price rises again.

[EdenHazard]

I can not trust companies in the crypto industry. Now the risks are very high, so I use only very popular and well-known sites. The industry is very young and there are many scammers, so it’s hard to find really good services

You shouldn't too worry about how it's hard to find a legitimate bitcoin-based services as you have this forum where we talk everything about cryptocurrency project, giving them a test and review publicly, verify things and many more we can discuss it here you just need to dig deeper into the conversations... and you'll find the answer. It's work for me everytime I needed one ... to look whether the project/ services is well known already , is it have a long reputation history etc and then I can decided it's a legitimate one or not.

[White Christmas]

I am trusting bitcoin related services like bitcoin casino or bitcoin gambling if the website or the gambling site is already prove by many users that it is safe and the game have the fairness to the users as well.
But before I trust those kind of gambling sites I am checking first the review of the people if the site is good and no negative reports from its users and etc.
About the exchangers, I am also looking on the front end of the platform as well as the review of some people who tried already the exchanger, so that I would become aware on what would be the exchanger's background.
 That would be the ways why I trust bitcoin related services.

[AaronJonk]

I added another question to the topic,,,

[smyslov]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT

Another question: What does a new service need to earn your trust?

You must always remember when dealing with Bitcoin There's no charge back, we only deal with trust, and the way to find this out is checking if there are bad reviews or bad reports about the service, if I am the owner or operator of the service I will see to it that all issues are resolve because when you are working on Bitcoin, you are working on trust alone, and you don't want that kind of report, so for me it should be good report and if there's issue they are addressing it as it comes.

[asus09]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT

Another question: What does a new service need to earn your trust?

Never invest your bitcoin with gambling like casino site, you have many other way how to increase your bitcoin by investing or holding your bitcoin until price up, you can invest with ICO and IEO project to get much profit with your bitcoin investment without have deposit to casino gambling site, you will lost your bitcoin with very small chance become the winner in gambling.

[dimonstration]

Another question: What does a new service need to earn your trust?

In exchanges, withdrawal process should be fast and good support, for gambling sites almost same withdrawal,team have many features. The UI is another plus but as long as they are legit registered company then it's a good start, before I try new potential service by putting small starting capital to test, but now due too many scam,kyc and phishing sites, if it's new project it's better to read reviews here in forum as many might already tried it.

[Fappanu]

Another question: What does a new service need to earn your trust?

To earn my trust of new bitcoin services they must be transparent and they must have proof that they are the ones in the picture they are showing. They must also have proof that they are being approved in Sec or the authorities they represent to show that they are a legal company

[Lmaooo]

Another question: What does a new service need to earn your trust?

To earn my trust of new bitcoin services they must be transparent and they must have proof that they are the ones in the picture they are showing. They must also have proof that they are being approved in Sec or the authorities they represent to show that they are a legal company

Earning people's TRUST is easy, you only need to deliver a good product or service of whatever you are selling to people on time. Many people already know there many new cryptocurrency businesses out there and the only way to stand out from the competition is by providing a good product or service of what people are paying for.  

[Shenzou]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT

Another question: What does a new service need to earn your trust?

The first question that comes to mind is why ?, why would you rather use a shady exchange or a gambling site than to use a trusted one that many people have used it before, and to be honest it is hard these days to tell which one is trustable or not, back in the day we used to trust reviews and other people who tried it before, or some experts but these days it is hard to trust anyone, but usually i look for several information about the exchange or the gambling sites regarding the founders and the origins and if it seems trustable i will just test it with a small amount and see what happens and make an opinion based on that experience.

[Expecto]

I think the reason that makes me trust Bitcoin related services can be the power of their security systems. Cryptocurrencies have better security systems compared to fiat currencies. So, I trust a service that has better security system thanks to cryptos.

[Nhor1011]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT

Another question: What does a new service need to earn your trust?

   Since bitcoin is digital currency and very risky you should trust bitcoin related services because you can't use bitcoin without using it's services. I think there is no problem if you trust bitcoin services as long as you know what will be the outcome or the result of using it. Is you want to trade,you need to trust bitcoin exchange that you want to use or if you want to play in casino you need to trust there services in order for you to use it. You know "TRUST" is very important in different aspect like in bitcoin services because you won't trying to use bitcoin services and making transaction without trusting that services.

[AaronJonk]

Another question: What does a new service need to earn your trust?

In exchanges, withdrawal process should be fast and good support, for gambling sites almost same withdrawal,team have many features. The UI is another plus but as long as they are legit registered company then it's a good start, before I try new potential service by putting small starting capital to test, but now due too many scam,kyc and phishing sites, if it's new project it's better to read reviews here in forum as many might already tried it.

So it's about a fast withdraw procedure, but also the UI is important?

[angrybirdy]

Another question: What does a new service need to earn your trust?

To earn my trust of new bitcoin services they must be transparent and they must have proof that they are the ones in the picture they are showing. They must also have proof that they are being approved in Sec or the authorities they represent to show that they are a legal company

Earning people's TRUST is easy, you only need to deliver a good product or service of whatever you are selling to people on time. Many people already know there many new cryptocurrency businesses out there and the only way to stand out from the competition is by providing a good product or service of what people are paying for.  

No, you are wrong with that.
Earning trust is not that easy as you think especially when it comes to bitcoin services.
It takes time and merit from users, it doesn't come only to one person or from someone you know. Trust is gained by the level of satisfaction and security of bitcoin services to its users.
But it doesn't end to that, being consistent also matters.

[lumeire]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT

Another question: What does a new service need to earn your trust?

I trust a bitcoin related service by looking at its user base and reading about it on the social media and forums, if the people are talking good about the website then I will definitely use that website and if not then it's a no for me and I will look for another website or a business.

[zeingrind777]

Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT EDIT

Another question: What does a new service need to earn your trust?

Before registering an account on several bitcoin service sites, I first asked several people at the telegram about the site. If they say that the site is safe, then I try it and then trust it.

[buwaytress]

Tough question to answer, but I think there's this term in marketing they call the customer journey and that's basically how any person trusts a service (it actually matters little whether it's bitcoin or paypal, since it's all about trusting some other person with your money or time).

I actually still don't trust services with my coin -- I use only 2 services now where I actually keep deposits long-term: Localbitcoins and a gaming service. The latter, it is literally blind trust, and have no way to recover anything should they run with my coins, but there is a rather big benefit in it, and I'm willing to take that risk. What made me trust it? I've interacted personally with the owners and judging from their character business-wise, I feel like I can trust them. With my life? No. To do the right thing with my coins? Yes. Will it change the likelihood of them scamming me? Absolutely not. But I make peace with that.

On LBC the trust is built up over years. I try finish my trades in days, and they have solved disputes fairly in the past, so that's their reputation and track record.

[imstillthebest]

if its a casino . i trust them with my btc if im verry familliar with them let say they are being advertise here on the forum and on outside the forum for a longer time and they already earned a good repuation over the 1 to 2 year course or much better longer than this  .

the provably fair and house edge option are only consider as a bonus for me  . same goes on a bitcoin exchange and on other bitcoin related services  or bitcoin related websites