dothebeats
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Merit: 1352
Cashback 15%
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July 07, 2020, 01:54:25 PM |
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The moment you bought bitcoins on an exchange wherein you divulged your information to satisfy their KYC requirement, your anonymity is already compromised in a way. One thing that can somewhat mask your trail from the exchange to the gambling site is to use a mixer, but even that people can still follow the traces on where your coins went with modern ways of coin tracing (though it is very minimal). Privacy coins can be a workaround to do such, but there aren't that many platforms that are dealing with privacy coins that we are seeing so one way or another you will have to convert back to btc or any crypto that their support.
IMO, for as long as you are not gambling millions or hundreds of thousands on crypto gambling, you're fine. Usually, your trail is only relevant to other people if you are a big fish on the pond. Most of us here are probably just gambling for a jackpot and are minnows and carps in a pond full of giants anyway. So consider your privacy compromised once you played on crypto casinos requiring KYC. They will always say that they got your back when it comes to your info but in truth, they just save those information and who knows, they might even sell that info somewhere.. and it's nothing new.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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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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TrevorS
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July 07, 2020, 05:46:22 PM |
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I don't really believe in casino anonymity they are declaring even today and take all my best to hide myself behind different IPs, let their watching system to follow the wrong path when analyzing my online device and so on. That's just a matter of time when we face the fully regulated market. So we need to be prepared for that, improving the skills of hiding online.
I believe that the anonymity referred to in the first post is a direct passage of the CIC procedure in view of the introduction of regulation. Take a look at how quickly many top exchanges reduced withdrawal limits without identification. All in order to adapt to the conditions of regulation and conduct their activities as widely as possible. It is best to bypass those casinos that require you to identify if you are worried about your anonymity.
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Herbert2020
Legendary
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Activity: 1946
Merit: 1137
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July 07, 2020, 06:09:29 PM |
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I don't really believe in casino anonymity they are declaring even today and take all my best to hide myself behind different IPs, let their watching system to follow the wrong path when analyzing my online device and so on. That's just a matter of time when we face the fully regulated market. So we need to be prepared for that, improving the skills of hiding online.
I believe that the anonymity referred to in the first post is a direct passage of the CIC procedure in view of the introduction of regulation. Take a look at how quickly many top exchanges reduced withdrawal limits without identification. All in order to adapt to the conditions of regulation and conduct their activities as widely as possible. It is best to bypass those casinos that require you to identify if you are worried about your anonymity. almost all cryptocurrency oriented casinos have no kind of license and are not working under any regulations or anything like that. additionally they do not work with fiat every. that means if any of this type of casino is asking for your identification they are trying to scam you because there is no reason for it. exchanges on the other hand are either working with fiat, want to add fiat in near future or are under a lot of pressure from government and are under a lot of regulatory laws. so it makes a lot of sense for them to ask for your documents.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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jrrsparkles
Sr. Member
Online
Activity: 2394
Merit: 257
Eloncoin.org - Mars, here we come!
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July 07, 2020, 06:09:44 PM |
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You may not have complete anonymity while using any service on the internet but if you are not giving any of your sensitive information like name, nationality and things like that you are atill enjoying your anonymity because while using fiat deposit they literally have evry details about you from your banks.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Lakai01
Legendary
Offline
Activity: 2296
Merit: 2725
Top Crypto Casino
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July 07, 2020, 06:20:23 PM |
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You may not have complete anonymity while using any service on the internet but if you are not giving any of your sensitive information like name, nationality and things like that you are atill enjoying your anonymity because while using fiat deposit they literally have evry details about you from your banks.
This is actually exactly what the OR is all about and what "regulation" means. Casinos are virtually forced from their players to demand KYC, otherwise they lose their license or face heavy penalties. Of course, this applies especially to casinos that are located in countries with strict laws such as EU member states. It is not for nothing that many online casinos are located in countries with very advantageous laws for gambling such as Malta.
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LbtalkL
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July 07, 2020, 06:23:00 PM |
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If the government will interfere I am afraid they will require and regulate all gambling sites according to their policies, and require users to initiate KYC which is not good some users wants to stay anonymous. I guess the government can do that, they can force shut down a website if they want to if it is not following their regulations. But if their regulations help adoption why not and they will accept bitcoin and other cryptocurrencies fully legal around the world.
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carlfebz2
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July 07, 2020, 06:37:12 PM |
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What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?
Your thoughts please.
Regulation might come to these platforms but im sure that it would really be hard to implement it strictly yet any crypto casinos can able to launch without anybodies permission. They can come and go as they like this is why it is somewhat hard to implement regulation into this one due to anonymity and i guess this would still takes time for government to get control of.Hence, it is somehow pointless on following these platforms from time to time and also total liquidation is hard to be known.
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TrevorS
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July 07, 2020, 06:46:11 PM |
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I don't really believe in casino anonymity they are declaring even today and take all my best to hide myself behind different IPs, let their watching system to follow the wrong path when analyzing my online device and so on. That's just a matter of time when we face the fully regulated market. So we need to be prepared for that, improving the skills of hiding online.
I believe that the anonymity referred to in the first post is a direct passage of the CIC procedure in view of the introduction of regulation. Take a look at how quickly many top exchanges reduced withdrawal limits without identification. All in order to adapt to the conditions of regulation and conduct their activities as widely as possible. It is best to bypass those casinos that require you to identify if you are worried about your anonymity. almost all cryptocurrency oriented casinos have no kind of license and are not working under any regulations or anything like that. additionally they do not work with fiat every. that means if any of this type of casino is asking for your identification they are trying to scam you because there is no reason for it. exchanges on the other hand are either working with fiat, want to add fiat in near future or are under a lot of pressure from government and are under a lot of regulatory laws. so it makes a lot of sense for them to ask for your documents. It turns out that casinos are in a rather favorable position in relation to regulators. They do not work with fiat, which allows them to be out of range of regulators. And at the same time, they use cryptocurrency which is almost not regulated and in most cases does not have a legal status. However, at the same time, does this endanger users of such platforms without a license?
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asu
Legendary
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July 07, 2020, 07:09:39 PM |
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However, at the same time, does this endanger users of such platforms without a license?
Obviously, yes. It's a double-edged sword because of those illegal activities. The time you signed up and start playing endangered your information (such as: ip, device), because operating a casino that is not registered and without a valid license is illegal.
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Mahanton
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July 07, 2020, 07:19:00 PM |
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However, at the same time, does this endanger users of such platforms without a license?
Obviously, yes. It's a double-edged sword because of those illegal activities. The time you signed up and start playing endangered your information (such as: ip, device), because operating a casino that is not registered and without a valid license is illegal. I dont see for ip or device reveal would be a big issue towards that matter since we can make use vpn or other service to hide it out if you are really keen towards your privacy aspects but most of the time, users arent really that much of concern thats why i dont count this as a risk on playing online specially with crypto based platforms and as long you dont give out your personal details then you are still good.For now we can still cherish out these good days with crypto gaming because of anonymity aspect.We can question out their legitimacy since majority of them doesnt have license but just simply stick out to those who are commonly being used then you are still in the right platform.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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asu
Legendary
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Activity: 1302
Merit: 1135
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July 07, 2020, 07:32:44 PM |
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I dont see for ip or device reveal would be a big issue towards that matter since we can make use vpn or other service to hide it out if you are really keen towards your privacy aspects but most of the time.
Well, yeah it's not that an issue. But those who operates illegally are those often ask for KYC registration. We can question out their legitimacy since majority of them doesnt have license but just simply stick out to those who are commonly being used then you are still in the right platform. You're wrong. Try to look at all the popular gambling casino, swipe down and you'll find what a registered casino license is. The majority is only those lazy people continuously playing at unlicense casino.
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harizen
Legendary
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For support ➡️ help.bc.game
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July 07, 2020, 07:51:52 PM |
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We don't have to worry if the amount involved, on either deposit or withdrawal is not that decent. In most cases at gambling sites, KYC is just needed at those big amounts of withdrawals or suspicious.
I mean, look at some popular exchanges. KYC is only to surpass the withdrawal limits and not actually mandatory.
There might be a time that imposing KYC will be mandatory but as long as not all crypto-exchanges like that, which is much bound in being a centralized one, low chances to happen for now in crypto-gambling sites.
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Becky666
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July 07, 2020, 08:07:42 PM |
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You may not have complete anonymity while using any service on the internet but if you are not giving any of your sensitive information like name, nationality and things like that you are atill enjoying your anonymity because while using fiat deposit they literally have evry details about you from your banks.
Let be real here. Gamblers don't really have anonymity while they gamble because, from the start to the point of gambling we have already lost our anonymity. As a gambler who want to gamble, you get your coins from an exchange or from a wallet, and in those exchanges you have done your KYC or when install your wallet you probably did your KYC then anonymity is far from such gambler. The issue we have is, many cryptocurrency exchanges now apply KYC as their policy. For anyone to be very sure of their privacy while gambling online, they should first check how their coins get into their wallets and how they were moved into the gambling casino.
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imstillthebest
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July 07, 2020, 08:14:41 PM |
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online gambling existed long time ago but so far only few gambling markets are being regulated so i think this will not affect the other , i dont worry on it at all . im still confident that some gambling sites will remain to operate in a anonymous way because that is the real essence of crypto or they are using a crypto . doesnt make sense at all when they use a crypto but they will operate in a full regulation or a non anonymous way . many onine gamblers will leaving then .
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Mahanton
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July 07, 2020, 08:28:53 PM |
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I dont see for ip or device reveal would be a big issue towards that matter since we can make use vpn or other service to hide it out if you are really keen towards your privacy aspects but most of the time.
Well, yeah it's not that an issue. But those who operates illegally are those often ask for KYC registration. We can question out their legitimacy since majority of them doesnt have license but just simply stick out to those who are commonly being used then you are still in the right platform. You're wrong. Try to look at all the popular gambling casino, swipe down and you'll find what a registered casino license is. The majority is only those lazy people continuously playing at unlicense casino. You got some point too which i do agree! KYC is just part of their alibi to make people wont able to withdraw their winnings. Recently, i just read up some thread about huge win and ask out KYC https://bitcointalk.org/index.php?topic=5260506.0Even known ones can ask out which is not really that appealing.
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ReiMomo
Sr. Member
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Duelbits - $100k Bonus/week
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July 07, 2020, 09:01:44 PM |
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Anonymity is good in gambling platform but it will depend if this licensed casino, not the unlicensed one.
As I understand, the obvious point of having government regulation in the gambling industry is to ensure that people should aware that they are dealing with a good platform and their fund is safe with the regulated and licensed casino. This regulation is to ensure that they are operated lawfully, ethically and gamblers are safe and treated fairly.
KYC implementation is only those players who withdraw/deposit that exceed their highest limit. This is to avoid money laundering which prohibited in all countries' jurisdictions.
If you gamble just for fun with a small amount, there 's no problem with that. Gmail verification was commonly required in most gambling platforms.
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Lucasgabd
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There's no need to be upset
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July 07, 2020, 09:05:14 PM |
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Edward Snowden says that technology is always 2 or 3 generations ahead of laws.
there are some development and things that happen online that laws will always lack and try to adjust to be able to contemplate. worth remembering that.
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harizen
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For support ➡️ help.bc.game
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July 07, 2020, 09:28:11 PM |
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If you gamble just for fun with a small amount, there 's no problem with that. Gmail verification was commonly required in most gambling platforms.
Agree, as I point out too. We are not a typical gambler doing an over BTC1 betting regularly, either by withdrawal or so. The added layer of security, might be something related to additional verification, is possible but we don't have to worry about that as long as we are not hitting the alarm. For let's say, things got centralized, as per all services related to crypto, gambling sites will surely the last crypto-related service that will be required to have a complete and mandatory KYC.
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serjent05
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Cashback 15%
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July 07, 2020, 09:33:58 PM |
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The Truth Behind Crypto and Online GamblingOnline gambling is, therefore, part of this bandwagon because internet proliferation has enabled cryptocurrencies to emerge as convenient payment avenues in this sector as hundreds of betting sites offer this option.
1-Eliminating payment headache 2- Anonymity is guaranteed 3-Minimal operation costs I am very much concern with the bolded wordss so I like to ask your opinion on it. We all know that slowly the crypto casinos are getting regulated as we can't deny it's been growing and gamblers are slowly adopting to it. What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated? Your thoughts please. Obviously, when the market is regulated, anything that has something to do with money flow needs KYC. So this "anonymity guaranteed" will just a part of the history in crypto gambling industry once it is fully regulated. Aside from that, some crypto Casino requires their player to submit identity documents when winning a huge amount of money.
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nelson4lov
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July 07, 2020, 09:41:27 PM |
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I think right now, Its quite obvious that casinos won't be to do much to keep the details of their users (gamblers on their platform) should governmental policies and laws requests for it. It's similar to what we have seen with exchanges over the last couple of years. I think the way this would work is via a full-fledged decentralized and open source gambling platform with no ties to government / gambling licenses providers. This way, gamblers can maintain anonymity across the platform. This is something current gambling platforms don't have.
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