What makes you trust bitcoin related services?

[Wintersoldier]

I use the site because there are some of my friends who use the site so I followed it, and I also read the references first in the information section of a site to find certainty and also ways to use the features contained in the site. after that I try to use it, if it's safe then I will settle down

Just the same thoughts I have, but for me, it is not enough that my friends are using it, I need mass number of people who could verify the legitimacy of a site and its services. There are some instances that many people actually are advertising a site involving those that have huge reputation, and it is not exempted from a scenario that, the particular site could be in failure as well. So, in addition, we could also consider the time frame of the operations of a particular site in which they could possibly be trusted.

[1714708902]

1714708902

[1714708902]

1714708902

[tungaqhd]

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?


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

I often check their alexa ranks before making a deposit because good alexa rank means the website is popular and has many active users.
Reading reviews on the Internet is a good solution too.

[Honnet43]

If you're into BTC, you have no chance but to trust some bitcoin-related services

[aTriz]

I use the site because there are some of my friends who use the site so I followed it, and I also read the references first in the information section of a site to find certainty and also ways to use the features contained in the site. after that I try to use it, if it's safe then I will settle down

what type of website is that? is that a gambling website or some kind of exchange? or are you just saying in general..

If you're into BTC, you have no chance but to trust some bitcoin-related services

that's right but only for a Bitcoin Wallet, you have to trust a bitcoin wallet provider to store your bitcoins. but you are not forced to trust any gambling or exchange sites.

[wildan88]

I use the site because there are some of my friends who use the site so I followed it, and I also read the references first in the information section of a site to find certainty and also ways to use the features contained in the site. after that I try to use it, if it's safe then I will settle down

what type of website is that? is that a gambling website or some kind of exchange? or are you just saying in general..

indeed most of the trust comes from a number of reviews, to put it simply in my opinion, I will try a small amount later if I win a big bet whether he will pay or not. because of some of the cases I've experienced, some of them are sometimes difficult to pay big wins, if it happens on a gambling site. but if it happens to the exchange I think it's very simple how to trust it. look for reviews on this forum so much about it.

[stiffbud]

I use the site because there are some of my friends who use the site so I followed it, and I also read the references first in the information section of a site to find certainty and also ways to use the features contained in the site. after that I try to use it, if it's safe then I will settle down

what type of website is that? is that a gambling website or some kind of exchange? or are you just saying in general..

indeed most of the trust comes from a number of reviews, to put it simply in my opinion, I will try a small amount later if I win a big bet whether he will pay or not. because of some of the cases I've experienced, some of them are sometimes difficult to pay big wins, if it happens on a gambling site. but if it happens to the exchange I think it's very simple how to trust it. look for reviews on this forum so much about it.

There have been many instances when the gambling site didn't pay a big win to an individual and when the user posts this in the community then the website owners deposit the amount to the account of the individual just to save their reputation. Such an incident was posted in past in this forum as well a few months back. I also look for the user reviews and current payout status on the gambling websites and trading websites respectively.