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apr
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Cloudbet at 5: Who We Are & How We Got Here

Tags: bitcoin, Cloudbet, cryptocurrency
Posted on Tuesday, April 16, 2019 by "T".
Five years is an eternity in crypto. Since Cloudbet first launched, the landscape has changed countless times. One thing has been constant though, the community. Cloudbet is born How Cloudbet built trust Rewarding the early players What went wrong What the future holds These are the dates that made us. October 013 - Cloudbet is born - Bitcointalk makes the deliveryCloudbet took its [...]   Read more » Cloudbet at 5: Who We Are & How We Got Here

  16-Apr-19, 14:01   #1
Cloudbet at 5: Who We Are & How We Got Here 0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 39 (M)
Posts: 3619
I'm happy because you can bet on the sport at Cloubet and this betting agency resists on the market for 6 years. Tens of millions of bets is a pretty good result and that means he lives very well in this industry. Bitcoin does not matter too much about this situation as long as there is currency conversion. Important is to win.

     
  16-Apr-19, 19:14   #2
  0 
Milos753 
Joined: Dec '15
Location: Serbia
Age: 21 (M)
Posts: 120
Have here account but still didnt make any bet. Idk why. Maybe because I do not understand how bitcoin works, and because I do not know how to buy bitcoin in my country. Anyway site is good, and I recommend everyone to make account on this site. Gl

     
  16-Apr-19, 23:09   #3
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 35 (M)
Posts: 6344
Never realized maximum bets here were between 50 and 100 bitcoins - one could only wonder if anybody maxed these out (apart from the World Cup bets mentioned above) when one bitcoin was close to 20k last year...

     
  17-Apr-19, 08:46   #4
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 47 (M)
Posts: 5696
5 years for cryptocurrency is really a very long time ... if Bitcoin survived such ups and downs in one year, then 5 years is generally a long time for cryptocurrencies ... Probably it was one of the first casinos to accept cryptocurrencies .... it's nice that he still works

     
  17-Apr-19, 12:21   #5
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13514
I knew there were btc casinos of course, but didnt know that there were
ones with sports book also.
Quite a few years in the market, and yet i hadnt heard of them at all.
The impressive thing is that win with 160 BTC.
Wonder when that players converted the btc to usd. No matter what it was a
huge win for a slot.

     
  18-Apr-19, 20:56   #6
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 35 (M)
Posts: 6344
Wonder how that player - with the slot win - have brought up the whole thing when he/she was doing taxes after that. You could say you exchanged btc's for money but what if they want to know how those btc's have gotten into your possesion especially if cloudbet does not have a local license there...

     
  19-Apr-19, 09:52   #7
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13514
I guess it depends on your country of residence at the end.
It is just another gambling site. And there are countries like ours, banning all the sites
with no local vat number and registration.
If they are legal, they are just taxing your winnings and thats all.
If you are a regular high stakes player living out of the gamble, there is no point living
in a country like this, from the moment you can support yourself, from the gambling itself.

     
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