Gemini exchange gambling email

[BeatTheJerk]

LOL no it wasnt.... just the 1st part "correct weirdo"

He did reply to you, go check back on my ketamine thread

The 2nd line was for the OP

Damn now I feel like a complete idiot.

[HurryUpAndDrink]

Damn now I feel like a complete idiot.

LOL

In all fairness I could have used better punctuation/wording.

[littlekona]

They must have added software that can find gambling transactions on May 7th. Took them a week to find mine from way back. About time.

they have made ton's of updates the last few months, new partners and dashboard just other day too...someone they are tied in with now is the culprit...But easy way around as I have used for over 2 years never an issue but never direct send

[Outsider626]

Why would you store your coins at Gemini? What happens if Gemini claims there's correlation while you move your funds around in regards to gambling? They could technically freeze your account (including your coins.) I would put my coins somewhere else...

As i said i don't direct send from there to bookies. I always use something in between the transaction. I'm not on their radar.

[eaglesfan371]

Congrats to those who do not direct send. As bitcoin become more regulated the IRS will watch more closely and soon require all exchanges to file 1099-B.

It’s funny those who commented “only idiots direct send”. I would argue you are idiots to sell to Gemini for 1% fee when for example, on any given day, I can get Gemini +2% rate for my coins, cash deposit on localbitcoins sell. 1.02 per $1 vs $0.99.

I keep every bitcoin transaction in cash. No paper trail. Bank statements literally say cash withdraw and cash deposits. I would advise others to do the same.

[HurryUpAndDrink]

Congrats to those who do not direct send. As bitcoin become more regulated the IRS will watch more closely and soon require all exchanges to file 1099-B.

It’s funny those who commented “only idiots direct send”. I would argue you are idiots to sell to Gemini for 1% fee when for example, on any given day, I can get Gemini +2% rate for my coins, cash deposit on localbitcoins sell. 1.02 per $1 vs $0.99.

I keep every bitcoin transaction in cash. No paper trail. Bank statements literally say cash withdraw and cash deposits. I would advise others to do the same.

every post you make cements you as the resident Downs sir

[michael777]

Congrats to those who do not direct send. As bitcoin become more regulated the IRS will watch more closely and soon require all exchanges to file 1099-B.

It’s funny those who commented “only idiots direct send”. I would argue you are idiots to sell to Gemini for 1% fee when for example, on any given day, I can get Gemini +2% rate for my coins, cash deposit on localbitcoins sell. 1.02 per $1 vs $0.99.

I keep every bitcoin transaction in cash. No paper trail. Bank statements literally say cash withdraw and cash deposits. I would advise others to do the same.

Trust me son,there is a paper trail with what you are doing

[eaglesfan371]

HUAD this thread is for people who actually some money to their name. The saloon is calling for you, go run along now.

[eaglesfan371]

Trust me son,there is a paper trail with what you are doing

SARS reports just say I’m moving a good amount of cash. Does not imply income. I withdrew a lot in 2017. I own a mini vault, easily say I took cash out and put it back in.

[Barrakuda]

SARS reports just say I’m moving a good amount of cash. Does not imply income. I withdrew a lot in 2017. I own a mini vault, easily say I took cash out and put it back in.

Unfort, that's not quite how audits work. You have to prove transactions are not income; the IRS doesn't have to prove anything.

[HurryUpAndDrink]

SARS reports just say I’m moving a good amount of cash. Does not imply income. I withdrew a lot in 2017. I own a mini vault, easily say I took cash out and put it back in.

[temple2010]

Amazes me how cheap some people are on here trying to save a couple dollars on transactions- you motherfukers clip coupons like my grandmother from the Sunday paper to save $3 every week too? Number one rule with bitcoin is always use a middle man- wtf

[jjgold]

Many guys do not know what they are doing with bitcoin

[big joe 1212]

I’ve been going straight from book to Gemini for a couple of years now. No problems as of yet. I used to always put it through blockchain but when that period came when transactions were taking forever, I said fuk it.

No huge deal if I ever get shut down. I’ll just go to another shop. Legal gambling will be here soon enough anyways.

[juicername]

people that do lots of transactions are broke

Wouldn't it be the exact opposite? How can one make a transaction if broke?

[kidcudi92]

Lol idiots go straight through

Lol cheap bastard

Wow

You are right for once

Been a bit

[thechaoz]

What's Gemini? Who cares.

[funnyb25]

[TheMoneyShot]

What's Gemini? Who cares.

An astrological sign. Also a ride at Cedar Point.

[BeatTheJerk]

Wouldn't it be the exact opposite? How can one make a transaction if broke?

Stay woke bruh, JJ is on to something here, it’s deeper than a basic logical view. Let’s all just step outside the box here for a moment & have an out of body experience & try to get on this level as JJ. It will change your life pal I guarantee it ! (I just said a whole bunch of nothing) was basically the entire point of my post.

[HurryUpAndDrink]

/thread

[reigle9]

So by the small chance you do get caught, they just tell you not to do it again or you might get banned. Falling to see why I should care, going to go ahead and keep going direct. I mean, the address changes every time.

[jjgold]

many transactions means you have no cash at home

YOUR BROKE

[TheToffer]

I will continue to use Gemini and do the extra step. It sucks, but worth it.

I can't wait until Sept. when I can make transactions in and out of Indiana books with no hassle.

Yes, I understand the higher juice/big that will come, but it's a wash for not having to jump thru the bitcoin hoop.

[pilebuck13]

Idk I always just sent to bread wallet like a 5 dollar fee lol....I only used Coinbase but due to reporting threasholds I have found other exchanges

[rangerz2478]

People are just dumb and lazy. You never transfer bitcoin from coinbase or Gemini(or any other exchange) straight to bookie. I store my coins on Gemini. Guess how i transfer it to bookies? First from Gemini i send to mycelium wallet and than from there to bookie. Never had a problem. Just takes 1 extra small step.

This. If you cant pay the minimal fee to avoid the risk, you probably shouldn’t be gambling to begin with.

[eaglesfan371]

This. If you cant pay the minimal fee to avoid the risk, you probably shouldn’t be gambling to begin with.

Or you simply don’t see a value to Gemini and give no care if they restrict you or not.

Love when gambling degenerates try to lecture me on bitcoin. Been involved since late 2012 and was a moderator on bitcointalk for a couple years. Welcome to bitcoin, guessing 2017 for you?

Oh and for all the advice givers, you’re a fool to keep your bitcoin on an exchange. Take a read sometime before you give the old “Exchanges are safe!”. Over 30 large “hacks”, users losing their balances.

https://bitcoinist.com/top-5-biggest-crypto-exchange-heists-in-history/

[Optional]

What happened to posting the form that needed to be signed to help us?

[Sam Odom]

Bitcoin Core 0.18.0

https://bitcoin.org/en/download

[HurryUpAndDrink]

What happened to posting the form that needed to be signed to help us?

he is a fraud, he makes this stories up to get attention

[flabrah5]

Hey guys - came across this and I'm new to using BTC solely with Bookmaker.

I'm on Coinbase and it seems youre saying limit the transactions and don't send directly to and from?

Do you have recommendations? I don't like a lot sitting on Bookmaker so cashed out $20k over two days since their withdrawal limit is $10k per day.

I often buy a handful of transactions on Coinbase and send directly to Bookmaker for deposits and withdrawal straight to Coinbase.

Do you mind me asking how they know it's coming from a Sportsbook? Thought there was no way to tell that.

Would love pointers and what wallet to use, etc bc I completely do many transactions to and from. For instance, I took my $20k out and had a bad day, so deposited $2k the following morning, etc.

[TheMoneyShot]

Hey guys - came across this and I'm new to using BTC solely with Bookmaker.

I'm on Coinbase and it seems youre saying limit the transactions and don't send directly to and from?

Do you have recommendations? I don't like a lot sitting on Bookmaker so cashed out $20k over two days since their withdrawal limit is $10k per day.

I often buy a handful of transactions on Coinbase and send directly to Bookmaker for deposits and withdrawal straight to Coinbase.

Do you mind me asking how they know it's coming from a Sportsbook? Thought there was no way to tell that.

Would love pointers and what wallet to use, etc bc I completely do many transactions to and from. For instance, I took my $20k out and had a bad day, so deposited $2k the following morning, etc.

An exchange called Gemini pays for the Bitcoin transaction fee for you. It's like an extra perk. Coinbase automatically takes network fees out when sending....

If you aren't afraid of losing an exchange.... go ahead and just send straight from exchange to book.

If you want to keep all of your exchanges... just purchase Bitcoin from the exchange... send to a bitcoin wallet... and then from that wallet send to your books.

Apparently, exchanges know because books use the same addresses over and over at times...

[Optional]

Apparently, exchanges know because books use the same addresses over and over at times

I don't think it is that. More likely they identify a wallet the book has used to consolidate all the incoming payments for exchange, and then trace backward anything that ended up there.

[PD77]

I don't think it is that. More likely they identify a wallet the book has used to consolidate all the incoming payments for exchange, and then trace backward anything that ended up there.

I think you’re right Opti, and they can trace back from your intermediary wallet as well if they have the computing power and and actually want to but I don’t think they do. They just can’t tolerate blatant attempts to send straight to/from a know gambling wallet.

[icon]

What about users outside of the US?

Gemini probably still may hassle you as they are US based.

If you are non US you can avoid the headaches US players face just by using a European based exchange such as Bitstamp.