What makes you trust bitcoin related services?

[Lauren Smith]

I dont trust them. I will search google for them and try find scam accusations. If you find none it kooks suspicious. There needs to be at least some people who have had a bad expirience. Otherwise you will know they have tried to cover and clean up bad comments and reviews and thats bad and shows they have something to hide.

I will then deposite a small amount to test and also test to see the withdraw works. I will still be cautious to deposit big amounts.

[ReiMomo]

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  .

Well, it's because of the reviews and feedback, here in the forum everyone can complain and make negative review once the site has a shady activity. If there's a lot of positive reviews and feedback then that's a trusted gambling site so you can make a deposit in it there's no need to worry and just have fun instead. Good services platform are less complaint, if there is, it will resolve as soon as possible.

[AaronJonk]

Any more inputs?

[airdnasxela]

I'm also skeptical with websites but since I need them or let's say I just want to gamble, of course to satisfy myself I will find a site and will gamble for a certain time. But how do I chose which site to use or visit? I guess recommendations of my close friends. Because in the first place they won't recommend certain website if it's not a legit one. I'll take their suggestions but will also do prior research. And if other says, it's good then I think that's the time for me to try that site.

As for a new service, it's hard to gain trust since they're just new. So every time I will try that site, I am more careful

[Wintersoldier]

The experience will make you trust bitcoin-related services in such a way, that you don't need to spend huge amount of money at the beginning. My experience with trading is that I've first tried to invest a very small amount just right for the minimum trading fee, this is when I plan to test the platform for me to gain trust and make me deposit even more. My experience might not be so good as it is by far, not the best idea to invest a small amount when trading. But at least what is essential for me is to prove that a particular exchange do really provide a good service worthy of my trust.

[aysg76]

There are few factors which need to be taken into considerarion to trust bitcoin related services like casino must offer true and fair means of gameplay and withdrawl must be easy procedures.Other customer must have positive reviews about the site and the project must be legit with proper funds as their reserves to distribute to consumers.So it must be a sound project.

[Tonteus]

Nothing, I check any service that is associated with cryptocurrencies and not only.

[tbterryboy]

For any project that I get involved with, I try very much to see the team and be sure that they can be trusted with whatever of their project that I am attracted to.

If the team are okay, then you can trust your cryptocurrency with them be it on a gambling site or a normal project site, but aside the team also, for a project site, we have to make sure that the project is a needed one, I have no problem with gambling because it is just one product and we have so many people that likes to play games a lot and will always be there to patronize the game site thereby making whatever crypto you are using to grow, but for project, it has so many scammer that are professional and can go with your crypto, so trusting them is based in team and based on the product that is being proposed itself. What I also do is to look at some of these very popular game sites, they are the ones that I use the most when there is need for them.

[lizarder]

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?

Every company that has a payment must definitely have clear official legality.

As an example for gambling, before we use bitcoin in gambling, we must definitely choose clear gambling sites, with official legality. Because too many of them try to be unfair, for example, users can deposit, but it is difficult to withdraw.

We should really be careful in choosing gambling sites or the like that will be used as bitcoin transactions

[Slow death]

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?

In the case of casinos, I can't tell you what criteria you should look at because online casinos have anonymous owners, but I think looking at their thread in this forum can give you a clue whether or not to trust the online casino.

In the case of exchange I use exchange that I know the owner of the exchange is not an anonymous person, and I always try to know where is the headquarters of the exchange

in the case of bitcoin wallets i use the wallets that have good feedback from community members

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

if is a new exchange should not have anonymous owner and should have headquarters

if is a casino I think should have good community feedback

[puertorikosena]

I think that if a system is built on a blockchain that is truly decentralized and there are no methods to implement data from the outside whose reliability cannot be determined, then such a system can be trusted. If this is a casino, then it can be considered honest. You can trust Bitcoin; it is truly decentralized.

[AbuBhakar]

I think that if a system is built on a blockchain that is truly decentralized and there are no methods to implement data from the outside whose reliability cannot be determined, then such a system can be trusted. If this is a casino, then it can be considered honest. You can trust Bitcoin; it is truly decentralized.

Just only be careful in those services that are saying they are accepting bitcoin, not all casino that are accepting BTC have good reputation, some since they know BTC is popular uses it for their benefits to scam people. BTC is trustable but the projects and some services are not so be very careful in everyway we're using crypto or btc may it be for paying bills,as investement,in exchanges,wallets and for casino.

[crzy]

If there’s a new service you have to try it first before you know if its worth it or not or better to hear the side of other users about that service. You have to trust the services because bitcoin was made for that but never to put big amount easily, you have to test the water first before diving for you not to be broke if there’s a bad things about that service.

[darkangel11]

I don't trust them and for that reason I never hold money on their servers. Not your keys not your Bitcoins!
I trust services that I test first and I never send a lot of money at once. I also trust services that were tested by others before and have good reputation but my trust has its limits. I have some accounts on exchanges but it's just for that occasional selling of a 100€ when I need some pocket change. I don't trade and I don't sell Bitcoin so I don't care about services too much.

[rodel caling]

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?

Herein bitcoin or crypto space as whole trust is very important things because we should know bitcoin is anonymous crypto curryand also users is anonymous even the owners of the site is also an anonymous, people herin Bitcoin community before trusting and put investment into the site they learn well how the offers of site is sincere and one of the important choosing thesite to out investment is the reputation to avoid scamm.

[Eugenar]

I don't trust them and for that reason I never hold money on their servers. Not your keys not your Bitcoins!
I trust services that I test first and I never send a lot of money at once. I also trust services that were tested by others before and have good reputation but my trust has its limits. I have some accounts on exchanges but it's just for that occasional selling of a 100€ when I need some pocket change. I don't trade and I don't sell Bitcoin so I don't care about services too much.

It is not only limited to trading cryptocurrency and bitcoins that can be considered services related in bitcoin. There are purposeful sites that provides services in return of BTC. For example, there are bitcoin transactions accelerator and other free lance services that pays in bitcoin.

The fact that these services might not be trusted is a big issue. In my opinion, beta testing will not be enough as long as you don't experience yourself how these services really works. In short, 'to see is to believe' is a good foundation to trust these kind of services.

[youdacapt]

casinos / exchanges / merchants / social media, all lead to a reputation built from a pool of community trust. If user traffic always seems to be active, then it has become a reference where companies also think about long-term services.
trust for fairness has all been seen in every blockchain transaction, irregularities can also be quickly overcome with their customer service, this makes everything sustainable with trust for greater use of capital.

[piebeyb]

if in my opinion, I'm not a person who likes to invest with bitcoin on a website, but if for playing dice or casino games with bitcoin maybe I have tried playing, usually I see from the way they are serious promotion, sometimes also see from reviews on forums this, you don't have to have to trust a website to play on a casino or dice game website, usually they give free bitcoin from their faucet or you can start with a smaller capital, usually I don't expect profits or wins because I'm just looking for fun

[BonfireBob]

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 dont care that they accept bitcoin, you check their credibility - reviews, social media, articles about them, forums, etc. If they looks legit . I buy the services. Like for example if PokerStars would accept BTC you would not hesitate to trust them because you already know that it is a trustable company.

[plvbob0070]

Trust is also an investment I put everytime I uses bitcoin related service. I'm skeptical with these things but if other seems fine using that website without any problem, then I'll go and try it as well... It seems that almost everyone is looking at the same factor in trusting one website, it's good reputation. Once that site have build their reputation, it's easier for them to attract new customers because they're already making a name in the business.