Are there any other easy btc purchase/send apps?

cheetahwind

Senior Member
Joined
Aug 16, 2009
Location
Iowa
The issue at hand is they have been able to figure out certain exchanges tend to be used more by online casinos. Examples Coinpaid is the #1 casino wallet. So there's a pretty good chance that if the wallet you sent to was a Coinspaid address then that's how they pegged you for depositing to an online casino.
That's one of the many things that they have been able to start figuring out based on Crypto transactions. As you do realize that yes crypto is anonymous to a point but is also very traceable as it has an online ledger that about any law enforcement or john doe can access.
That's why it's always been encouraged to deposit any exchange money into a private wallet owned by you. As I suggested Bit Pay wallet or even for PC Electrum wallet. That way the first hop isn't done directly from the exchange.
I'm not saying this is fool proof but at least then they can't say the transaction was sent directly from them into a casino.
Then the same would go for a cash out. You send your cash out to your private wallet then to whatever exchange you wish to use.
As for the one who said Bitpay is against online gambling. Yes you would be right it is in the terms and conditions of service. Yet 4 years later knock on wood they have yet to shut my wallets down. As they say I own the rights to my own wallet. I would imagine this would only apply if I actually deposited said funds into one of there merchants then they might enforce said rule.
As I've stated in a few threads online gambling is a crap shoot in the states any who. That's been proven time and time again. Mainly because these processors that these casinos use dry up quickly and leave them high and dry frequently. So you never know if your going to get paid in a timely fashion or not.
 

Savatage79

Senior Member
Joined
Jul 25, 2016
Location
Pittsburgh
The issue at hand is they have been able to figure out certain exchanges tend to be used more by online casinos. Examples Coinpaid is the #1 casino wallet. So there's a pretty good chance that if the wallet you sent to was a Coinspaid address then that's how they pegged you for depositing to an online casino.
That's one of the many things that they have been able to start figuring out based on Crypto transactions. As you do realize that yes crypto is anonymous to a point but is also very traceable as it has an online ledger that about any law enforcement or john doe can access.
That's why it's always been encouraged to deposit any exchange money into a private wallet owned by you. As I suggested Bit Pay wallet or even for PC Electrum wallet. That way the first hop isn't done directly from the exchange.
I'm not saying this is fool proof but at least then they can't say the transaction was sent directly from them into a casino.
Then the same would go for a cash out. You send your cash out to your private wallet then to whatever exchange you wish to use.
As for the one who said Bitpay is against online gambling. Yes you would be right it is in the terms and conditions of service. Yet 4 years later knock on wood they have yet to shut my wallets down. As they say I own the rights to my own wallet. I would imagine this would only apply if I actually deposited said funds into one of there merchants then they might enforce said rule.
As I've stated in a few threads online gambling is a crap shoot in the states any who. That's been proven time and time again. Mainly because these processors that these casinos use dry up quickly and leave them high and dry frequently. So you never know if your going to get paid in a timely fashion or not.

Here's my main question, are there any other wallets or sites that I can send my cashouts directly to paypal like I can with coinbase?
 

Savatage79

Senior Member
Joined
Jul 25, 2016
Location
Pittsburgh
Its so hard bc the governing tax bodies within the United States have sunk their fangs into the cryptocurrency tax revenue potentials. Which, of course; leads to scrutiny of everyone and every entity involved. They obviously would rather continue to feed off the lower and middle classes than actually tax the 1% and the corporations who pay next to nothing nothing in the United States. Low hanging fruit.

So what is the play here? Like I had thought someone mentioned if you let btc sit and grow within your accounts that's what is noted. If you send yourself btc and instantly cash , is that part of this?
 

jelsmith

Zombicidal Maniac
PABnononaccred
Joined
Sep 16, 2008
Location
nashville tn
Here's my main question, are there any other wallets or sites that I can send my cashouts directly to paypal like I can with coinbase?
CashApp....you can dep btc in there then sell it and it will transfer instantly to your debit card.
 

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