Post
Topic
Board Bitcoin Discussion
Re: What makes you trust bitcoin related services?
by
CodyAlfaridzi
on 07/12/2019, 10:21:45 UTC
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?

Another question: What does a new service need to earn your trust?
1. Never had any issue regarding deposit and withdrawal
2. Low withdrawal fee
3. Excellent service, including support
4. Low service fee
5. No shady promotion

Withdrawal issue, especially for big ones, is a red flag. I've seen numerous shady exchange and casino not processing big withdrawal. They'll look for mistake to not making your withdrawal. For example, they could say you own multiple account thus violating their ToS. This is bullshit. Stay away for site that does it. As for gambling site, additionally, I like the one with the lowest house edge.