Blockchain Banning Accounts for Transferring to Books

Vyasports · 09-01-21, 07:17 AM

keep us posted, knew this would happen, need another solution...

pablo222 · 09-01-21, 07:27 AM

Vya. Just use one of the top exchanges and use one of the wallet apps on your phone for intermediary. I have tried a few and I like Mycelium.

jjgold · 09-01-21, 07:31 AM

Not a good sign

Try trust wallet

pablo222 · 09-01-21, 07:34 AM

JJ File a STOP sign with thread title for visibility.

There are a lot of SBR guys that use Blockchain.

Thank you Clerk.

jjgold · 09-01-21, 07:34 AM

The Best Bitcoin Wallets of 2021
Best for Beginners: Exodus
Best For Advanced Bitcoin Users: Electrum
Best for Mobile Users: Mycelium
Best Hardware Wallet: Ledger Nano X
Best For Security: Trezor Model T
Best Bang For Your Buck: Ledger Nano S

JAKEPEAVY21 · 09-01-21, 07:40 AM

Is this a surprise?

Use an intermediary wallet...

BeatTheJerk · 09-01-21, 07:45 AM

Originally posted by jjgold

The Best Bitcoin Wallets of 2021
Best for Beginners: Exodus
Best For Advanced Bitcoin Users: Electrum
Best for Mobile Users: Mycelium
Best Hardware Wallet: Ledger Nano X
Best For Security: Trezor Model T
Best Bang For Your Buck: Ledger Nano S

Nice google search copy & paste Gold

jjgold · 09-01-21, 07:45 AM

Blockchain was an middleman

What am I missing?

Igor_1965 · 09-01-21, 07:48 AM

Blockchain blocking accounts... lol

You must not be very tech-savvy.

pablo222 · 09-01-21, 08:00 AM

Originally posted by JAKEPEAVY21

Is this a surprise?

Use an intermediary wallet...

I think Blockchain used to be the most talked about intermediary at SBR. I don't think posters realize that you should have stopped using it for that purpose when they went the exchange route.

pablo222 · 09-01-21, 08:01 AM

Originally posted by jjgold

Blockchain was an middleman

What am I missing?

Now an Exchange as well. Surprised it took this long for them to start doing what other exchanges have been doing.

JAKEPEAVY21 · 09-01-21, 08:04 AM

Originally posted by pablo222

I think Blockchain used to be the most talked about intermediary at SBR. I don't think posters realize that you should have stopped using it for that purpose when they went the exchange route.

Ah, my bad did not know it used to be an intermediary. I have used Edge wallet on my phone for around 5 years as my intermediary wallet.

jjgold · 09-01-21, 08:08 AM

Edge good

Mr. Teaser · 09-01-21, 09:10 AM

What about getting transfers FROM books? Thanks for the info

OVAKUL · 09-01-21, 09:19 AM

Are you talking about Blockchain dot com?

jjgold · 09-01-21, 09:32 AM

When they ban can you transfer your funds back to coinbase

RudyRuetigger · 09-01-21, 11:45 AM

yea it was always used as an intermediary

when i deposit i just go straight from bitcoin.com to a book

pimike · 09-01-21, 11:51 AM

This is new to me.

Thanks Pablo

Brock Landers · 09-01-21, 12:16 PM

Where is anyone seeing this?

Been using blackchain wallet for YEARS

Brock Landers · 09-10-21, 11:20 AM

Still not seeing this as being accurate AT ALL

Hman · 09-10-21, 11:32 AM

My last several deposits to books have come directly from coinbase.

Seems as other exchanges are getting more lenient blockchain is well behind the pack & showing their ass as newcomers

jjgold · 09-10-21, 11:40 AM

Trust Wallet excellent

Hman · 09-10-21, 11:45 AM

Experts chime in....

Heritage for example, gives you/generates an address that can only be used once when transferring Bitcoin to deposit.

So how can the exchange determine its a sports book it's going to???

JIBBBY · 09-10-21, 11:59 AM

I have some money in BlockChain that I haven't touched for a while now..

I'll transfer my blockchain balance to my Coinbase account now. I just don't know how they can track a bitcoin address that you are sending to a sportsbook?

NOTE - If I send a bitcoin re-up to a sportsbook I just use Coinbase direct. Never had a problem and been doing that for years now. Wallets are overrated, just wasting your money on more transfer fees.

Crusherrr · 09-10-21, 12:06 PM

I do 50 transactions a week with blockchain never had any issues. Been with them for many many years.

Never had to do KYC with them either. Just send and receive as I please. I've always used them as my middle-man

KVB · 09-10-21, 01:18 PM

Originally posted by Hman

...So how can the exchange determine its a sports book it's going to???

Optional · 09-10-21, 01:28 PM

Originally posted by Brock Landers

Still not seeing this as being accurate AT ALL

Brock has it correct.

Blockcahin.com is not an exchange.

They offer a third party exchange service via their wallet.

If you do not verify your ID and agree to that exchange services terms, then Blockchain.com do not care what you do with your COMPLETELY ANONYMOUS wallet there.

On top of that, you own the private keys for your wallet there. If they try to muck you around, use your seed phrase to create a new version of the same wallet in other software.

Optional · 09-10-21, 01:33 PM

Originally posted by Hman

Experts chime in....

Heritage for example, gives you/generates an address that can only be used once when transferring Bitcoin to deposit.

So how can the exchange determine its a sports book it's going to???

Do you really care about the technicalities of how?

We know for sure that they can.

Google search blockchain analysis companies to get an idea of how easy it is becoming to profile wallets by usage. Targets like bookmakers are very simple to identify that way due to the "unique" ways their payment flows go.

jjgold · 09-10-21, 01:36 PM

Brock rarely wrong

starter of thread but was up to something

KVB · 09-10-21, 01:36 PM

Originally posted by Optional

Do you really care about the technicalities of how?

We know for sure that they can.

Google search blockchain analysis companies to get an idea of how easy it is becoming to profile wallets by usage. Targets like bookmakers are very simple to identify that way due to the "unique" ways their payment flows go.

Seems like they have been able to do this from day one.

I think it was coinbase that started shutting down accounts early on, but some bettors continued to get away with transfers, while others were blocked.

JIBBBY · 09-10-21, 01:41 PM

Originally posted by KVB

Seems like they have been able to do this from day one.

I think it was coinbase that started shutting down accounts early on, but some bettors continued to get away with transfers, while others were blocked.

I've never been shutdown on Coinbase going direct bitcoin transfers to books. Then again I don't bitcoin deposit into sportsbooks very often.

I guess if you are transfer depositing to sportbooks regularly with set amounts they can eventually catch on. I still don't know how they can figure that out from a bitcoin address though? Pretty stealthy.

Optional · 09-10-21, 02:01 PM

Originally posted by JIBBBY

I've never been shutdown on Coinbase going direct bitcoin transfers to books. Then again I don't bitcoin deposit into sportsbooks very often.

I guess if you are transfer depositing to sportbooks regularly with set amounts they can eventually catch on. I still don't know how they can figure that out from a bitcoin address though? Pretty stealthy.

The coin usually ends up somewhere like an exchange or a cold storage wallet. They trace backward from that end to link your coinbase wallet ID.

As one way to do it anyway.

jjgold · 09-10-21, 03:20 PM

Might be random here and there

gauchojake · 09-10-21, 04:30 PM

I think that books have been more diligent in using fresh wallets to send/receive funds.