Post
Topic
Board Gambling
Re: CoinFount.com : tiny pay-ins, huge payouts
by
CoinFount
on 25/11/2013, 06:13:21 UTC
It is hard for me to understand anything.
FTFY. Just kidding...


I don't know why this is so hard for you to understand. The site CANNOT send the payouts to non-authenticated addresses since this actually COULD be used to cheat.


It is hard for me to understand how someone so incompetent decided to announce a service with bitcoins. There is no such thing as "authenticated" addresses in bitcoin. I'm not even getting into the service per se, as others have already pointed out the issues with it.

Somehow you think your service is going to do better by rejecting transactions coming from bitcoin-qt and every other wallet where the user actually has complete control all the time over his coins. Instead of accepting this fact, you are insisting that accepting only from coinbase is somehow smarter from your part, it is not and you are an idiot.
The users are authenticated at Coinbase. I'm sorry you don't understand technical details like authentication through a service. It has nothing to do with authenticating Bitcoins themselves.

You also clearly don't understand simple concepts like why Coinbase is required (so that totally anonymous payouts can't be made) nor WHY totally anonymous payouts can't be made (because that actually WOULD make it easier to "cheat" if the payouts couldn't be tied to Coinbase users). Again, please feel free to continue bumping my thread with your rambling nonsense as much as you like  Cool