Bitcoin gambling has many advantages over fiat gambling and I'm sure it will pick up more in the coming years.
Especially for countries where gamblign is illegal, and where it is difficult to transfer fiat money to online casinos, bitcoin can really "help" them to be able to gamble. And also the deposits and withdrawels will be much easier for them and everybody in general. No waiting for days, a few hours later you can have control over your coins.
Topic: 5 Reasons Why Online Gamblers Should Use Bitcoin - page 2. (Read 659 times)
The last thing I want is for people to actually know where my gambling profits are coming from, so of course bitcoin is a great solution to the identity problem. However, I do doubt the anonymity of bitcoin.
Read more - http://bitcoinist.net/5-reasons-bitcoin-online-gambling/
Privacy
Security
Instant Payments
Optimized for Online Gaming
Cost-Effective
Privacy
Security
Instant Payments
Optimized for Online Gaming
Cost-Effective
Those good point why someone should use bitcoin for gambling online. But there are dis advantages on the part of gambler, we can't play on sites without trusting the site owner. And irreversible state of bitcoin is an advantage and also disadvantage in some cases.
Since bitcoin is anonymous we need not worry about legality of gambling in the state we reside.
And with using bitcoins on playing gambling, it will make playing gambling more be easy, fast and can be done,anytime, anywhere especially gambling websites that supports on smartphone devices.
Over the past few years, bitcoin has become popular among online gambling platforms. While some may argue that gambling operators have turned to bitcoin to make it easier to partake in illegal or unsavory activities, the fact is that online gambling is a thriving, legal and legitimate business.
Read more - http://bitcoinist.net/5-reasons-bitcoin-online-gambling/
Read more - http://bitcoinist.net/5-reasons-bitcoin-online-gambling/
Yes this is it. Because it is easy to transact anywhere because block chain transaction. It is cannot be detected by some banks when it is on the online in case that you convert into your currency which the banks will be detected. More and more it cannot be detected by FBI that is why it is uses sometimes in illegal transaction.
Point showed of author of that article is totally obvious for every bitcoiner already, but it might be a news to people who still don't know what Bitcoin really is.
I wish this type of article would appear on gambling portal/news site/general media news agency not associated with digital currency.
I wish this type of article would appear on gambling portal/news site/general media news agency not associated with digital currency.
Gambler gets many benefits of using bitcoin almost everyone knows it, deposit / withdrawal easier, without identity and more
If the gamblers out there know about bitcoin maybe they will join us here to gamble with bitcoin
just information, bitcoin is the second largest transaction in gambling, The first is trade.
If the gamblers out there know about bitcoin maybe they will join us here to gamble with bitcoin
just information, bitcoin is the second largest transaction in gambling, The first is trade.
Hell yes. And gamblers have quite obviously flocked to bitcoin. Just look at the gambling section and look at how well the online casinos are doing. I'm not a huge gambler myself, but I can certainly see the appeal of bitcoin and its utility. The anonymity is a great thing, too, unless you're getting your coins on Coinbase or Circle. They'll dump your ass faster than you can blink if you move what you buy to a gambling site.
Over the past few years, bitcoin has become popular among online gambling platforms. While some may argue that gambling operators have turned to bitcoin to make it easier to partake in illegal or unsavory activities, the fact is that online gambling is a thriving, legal and legitimate business.
Read more - http://bitcoinist.net/5-reasons-bitcoin-online-gambling/
Read more - http://bitcoinist.net/5-reasons-bitcoin-online-gambling/
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