Results 1 to 19 of 19
  1. #1
    Fastlane is offline Private Member
    Join Date
    November 2010
    Location
    Norway
    Posts
    21
    Thanks
    1
    Thanked 3 Times in 2 Posts

    Default Neteller starts accepting Bitcoin Deposits


  2. The Following 2 Users Say Thank You to Fastlane For This Useful Post:

    platen44 (30 March 2015), TheGooner (25 March 2015)

  3. #2
    JackTenSuited is offline Private Member
    Join Date
    March 2004
    Posts
    1,014
    Thanks
    23
    Thanked 340 Times in 208 Posts

    Default

    It's showing up on my deposit page now, pretty cool.
    Can't withdraw to your bitcoin wallet yet though

  4. #3
    Fastlane is offline Private Member
    Join Date
    November 2010
    Location
    Norway
    Posts
    21
    Thanks
    1
    Thanked 3 Times in 2 Posts

    Default

    No ability to withdraw yet, but hopefully that option will be added in the near future. Will be very interesting to see how this develops as Optimal Payments, the owner of Neteller also is behind Ukash and has just agreed to buy Skrill. This could just be the beginning.

  5. #4
    Top Online Casinos's Avatar
    Top Online Casinos is offline Public Member
    Join Date
    March 2015
    Location
    Europe
    Posts
    189
    Blog Entries
    5
    Thanks
    148
    Thanked 208 Times in 105 Posts

    Default

    I don't think I'll make use of it (any time soon) - How stable is Bitcoin? I'd hate to have lots of Bitcoins and then see one of those massive devaluations go on... For those that are happy with it it will be great.

  6. #5
    sweetbet's Avatar
    sweetbet is offline Public Member
    Join Date
    November 2012
    Posts
    2,819
    Blog Entries
    5
    Thanks
    898
    Thanked 1,582 Times in 1,089 Posts

    Default

    Interesting! Neteller must see a good future for Bitcoins.

  7. #6
    baldidiot is offline Private Member
    Join Date
    January 2010
    Posts
    4,366
    Thanks
    407
    Thanked 1,996 Times in 1,314 Posts

    Default

    That's cool - are they holding it as bitcoins or converting to USD (or whatever currency you have)?
    onlinegamblingwebsites.com - Formally known as goodbonusguide.

  8. #7
    Fastlane is offline Private Member
    Join Date
    November 2010
    Location
    Norway
    Posts
    21
    Thanks
    1
    Thanked 3 Times in 2 Posts

    Default

    Quote Originally Posted by baldidiot View Post
    That's cool - are they holding it as bitcoins or converting to USD (or whatever currency you have)?
    Bitcoins are converted into the currency in your account. Neteller uses Bitpay to make the transaction.

  9. #8
    universal4's Avatar
    universal4 is online now Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,823
    Thanks
    2,172
    Thanked 7,876 Times in 4,966 Posts

    Default

    This could also draw more regulatory attention to Neteller.

    For example, in the United States, some states have very strict rules associated with bitcoin transactions. In fact there were a few cases of people arrested in Florida in Feb of last year for transactions involving bitcoins.

    As of Feb 2014, FinCen had on the books a law that makes it a Federal Crime for person to person sale of bitcoin.
    http://www.fincen.gov/news_room/rp/r...-2014-R001.pdf

    If Neteller is a FinCen member, they may not be subject tot his, but that clearly means the government will know about all transactions and every penny exchanged.

    The FinCen guidelines do appear to make it fine to mine bitcoins, as well as exchange them for investment purposes, but it becomes more cloudy if not completely illegal when they are exchanged for goods.

    It could be that Neteller may be a more safe way for folks to use bitcoins, but the anonymity aspect may be completely wiped out by such transactions, which may affect users who wish to use them for gaming anonymously.

    Rick
    Universal4

  10. #9
    wonderpunter's Avatar
    wonderpunter is offline Private Member
    Join Date
    August 2013
    Posts
    2,474
    Blog Entries
    5
    Thanks
    400
    Thanked 1,660 Times in 994 Posts

    Default

    I don't think they are accepting bitcoins for US acccounts "from what I have read" the US Neteller accounts are restricted for pretty much everything

  11. #10
    casinogratis77 is offline Public Member
    Join Date
    March 2015
    Posts
    40
    Thanks
    6
    Thanked 21 Times in 16 Posts

    Default

    I'm so angry that I didt buy Bitcoins 4 years ago, when the price was around $0.4...

  12. #11
    DanHorvat's Avatar
    DanHorvat is offline Private Member
    Join Date
    November 2008
    Location
    Actual location may vary.
    Posts
    1,897
    Blog Entries
    3
    Thanks
    1,302
    Thanked 1,289 Times in 760 Posts

    Default

    Nice. Bring the scammers in.

  13. #12
    Winna_DJ is offline Former AM
    Join Date
    July 2014
    Posts
    16
    Thanks
    0
    Thanked 4 Times in 3 Posts

    Default

    On Neteller? are the rumors true? Is Skrill buying them out?

  14. #13
    baldidiot is offline Private Member
    Join Date
    January 2010
    Posts
    4,366
    Thanks
    407
    Thanked 1,996 Times in 1,314 Posts

    Default

    Quote Originally Posted by Winna_DJ View Post
    On Neteller? are the rumors true? Is Skrill buying them out?
    Other way around, the owners of neteller have just agreed to buy skrill.
    onlinegamblingwebsites.com - Formally known as goodbonusguide.

  15. #14
    Winna_DJ is offline Former AM
    Join Date
    July 2014
    Posts
    16
    Thanks
    0
    Thanked 4 Times in 3 Posts

    Default

    Quote Originally Posted by baldidiot View Post
    Other way around, the owners of neteller have just agreed to buy skrill.
    Oh my bad, thank you baldidiot...what a massive E-Wallet!

  16. #15
    merlin is offline Private Member
    Join Date
    May 2003
    Posts
    408
    Thanks
    0
    Thanked 25 Times in 12 Posts

  17. #16
    platen44 is offline Public Member
    Join Date
    May 2004
    Location
    austria
    Posts
    34
    Thanks
    11
    Thanked 2 Times in 2 Posts

    Default

    Considering only around Christmas they were meant to ban the use of BTC on Neteller - this is a huge turn around for the bitcoin industry. Have a small number of bitcoins and rather happy Neteller is on the wagon!

  18. #17
    Gamer's Avatar
    Gamer is offline Public Member
    Join Date
    August 2014
    Posts
    438
    Thanks
    78
    Thanked 198 Times in 132 Posts

    Default

    Good!!!! I am very glad that BitCoin infrastructure is growing.
    Have heard rumours that PayPal is also considering accepting BitCoins..
    This is not any courtesy from them. BitCoin have already e-wallets available that offer debit cards.
    With low transfer fees, BitCoin is natural competition for PayPal and Neteller. They have to implement this to stay alive long-term.

  19. #18
    universal4's Avatar
    universal4 is online now Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    27,823
    Thanks
    2,172
    Thanked 7,876 Times in 4,966 Posts

    Default

    It is correct that Neteller has restricted the use of their services to US residents severely for YEARS, and since the largest function Neteller ever offered was payment methods in and out of online gambling, this makes the services rather, less than valuable for US residents.

    I wonder if this will finally shatter the "so-called" anonymity aspects of Bitcoin (that in my opinion never existed anyway) as the financial services and money exchangers that are now starting to jump on the bitcoin wagon have in the past and currently DO share customer information, so in order to use their account services, they will make the connection with bitcoin accounts and personal information.

    My guess is that they will be asked to share some of this information concerning bitcoin accounts, and in my opinion will likely be the cause of restricting such access to US residents.

    I have always been under the opinion, that the anonymity with bitcoin never really existed, except that the exchanges HIDE this information, since they know who creates and maintains the wallet accounts, or the conversion to any type of fiat could never occur.

    Who knows, this could be one of the catalysts that bitcoin needs to remove the dark side and allow it to grow as a payment method where it reduces the hiding or anonymity risks.

    Rick
    Universal4

    I also find it ironic that within days of the announcements to accept bitcoin that there have been speculative reports that they have suffered DDOS attacks. (I do hope that customer's funds are safe)

  20. #19
    WagerPod is offline Private Member
    Join Date
    October 2014
    Location
    Darlington, United Kingdom
    Posts
    234
    Blog Entries
    26
    Thanks
    53
    Thanked 51 Times in 39 Posts

    Default

    Bitcoins is about as stable as a chocolate fire guard, personally how this currency is still going is beyond me. It's not like a bank, thousands of pounds could go missing over night.
    Currently dipping my toe back in the water with my pet project site, Vegan Chocolate.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •