the first your wrong section
if you want discuss about gamble is good in gambling section
and i want answer your question
is good gamble site is much support altcoin in directbet
in there support dogecoin, ethereum, dash, litecoin, bitcoin
and you like dice site you can try bitdouble.io
Topic: Altcoins in Gambling - page 2. (Read 1588 times)
Hello.
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
It's up to the dev of the gambling site,by including a coins to his gambling site he is promoting usage of the coin,if a client wants to play in his gambling flatform,he has no choice but to buy and use the coin ,so it's the gambling site who can help expose it to gamblers.
Are we don't have now on some sites that use alt coins
if the question is what you prefer I would say bitcoin
Also gambling sites can create some own tokens/coins to play on there sites
There is alreayd a gambling site lie gambet that actually make a gambling site and make their own coin like gamebet coin before but it is not popular right now they are still using bitcoin instead.. or the other altcoin that we can say well know is in the coinmarketcap wich is in top 10 altcoin like litecoin dogecoin monero eth those altcoin are well know that you can use in some gambling casino.. if the question is what you prefer I would say bitcoin
Also gambling sites can create some own tokens/coins to play on there sites
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
Because the players/customers of the gambling sites also want extra features like accepting the altcoin of their choice ? And obviously the market trend,one would play dice on a site where his altcoin is accepted rather then playing where it isn't.Makes sense ?My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
The popularity of the coin.Not much is needed from the gambling devs or the coin devs since the coins ain't coming from either of them.All it takes is to make a wallet for accepting that coin. The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
A gambling sites can create a coin for their gamers and a coin dev can create a gambling site for their coin,so both suggestion applies ,just like one poster post it's a chicken or egg scenario but in my opinion gambling site can make a coin popular..
For now it can not coin be popular they are just make gambling just to use coin and not to be useless.. And the other purposes of making altcoin is to make a business and earn from investors.. to buy your altcoin/. that honestly useless.. there is no other uses about the other altcoin if they can adapt it more like bitcoin more possibility that altcoin will be popular the same as bitcoin..
Are we don't have now on some sites that use alt coins
if the question is what you prefer I would say bitcoin
Also gambling sites can create some own tokens/coins to play on there sites
if the question is what you prefer I would say bitcoin
Also gambling sites can create some own tokens/coins to play on there sites
A gambling sites can create a coin for their gamers and a coin dev can create a gambling site for their coin,so both suggestion applies ,just like one poster post it's a chicken or egg scenario but in my opinion gambling site can make a coin popular..
And i don't see any point why alts can get popularity when it added on gambling sites since there are numerous alt that been added but still got on stable state and sometimes doesnt even bother to look at by gamblers.
Volume, that's the point.if an altcoin start to be used by some website with a big traffic, it will bring visibility to the coin and volume to the market(buy and sell).
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
i doubt that this is the reason why any gambling site ever adds a new altcoin to their site for gambling.
you should know that whenever these sites do anything they do it for they players. in other words players should want that coin and have that coin to deposit and gamble with if a site adds an unknown altcoin nobody is even going to bother looking at it.
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The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
so far coins that have been added to gambling sites are LTC, DOGE and ETH (there may be some others but these are the most common) and all these three were popular altcoins before being added.
Hello.
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I don't use altcoins when i gambled even most of users now are using them and lot's of gambling site are implementing / impose altcoins to be use in there websites. There doing this because they also want to advertise the coins or what so ever they want a multiple profit.I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
Hello.
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I don't use altcoins when i gambled even most of users now are using them and lot's of gambling site are implementing / impose altcoins to be use in there websites. There doing this because they also want to advertise the coins or what so ever they want a multiple profit. I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I really like this question. It is very similar to the popular chicken and egg question.
Well, interesting indeed. I agree that most Altcoin that is used for gambling purpose tend to be more popular than others that have not been featured on gambling site. So here come the question ... and the answer (form my perspective) would most probably be that an Altcoin need to have a big community before they can get added to established online gambling platform. In other words, an Altcoin need to have a big community before they can grow bigger (somewhat like words of mouth I guess).
I am very interested in others opinion/answer too. Again, the above response is just from my own perspective and I am not sure how far from truth is it.
usually big gambling site will use some alt coins as the betting token, it is because they see the potential of the coin to grow and there are a lot user using the coins, so the coins need to be famous then the site will adopt it, for the small gambling site usually they don't prefer this because there are not a lot of alt coin gamblers and they need extra capital to deposit different coins and also larger database to store extra wallet address
This is right and i agree with you bi gambling site or some other sites will only adopt a particular altcoin which they seem its popular enough because they can assure that people will use it on playing on their sites because if they do tend to put a non famous and trash altcoin on their website they are just wasting up their space and they could not able to generate profits with it. 
usually big gambling site will use some alt coins as the betting token, it is because they see the potential of the coin to grow and there are a lot user using the coins, so the coins need to be famous then the site will adopt it, for the small gambling site usually they don't prefer this because there are not a lot of alt coin gamblers and they need extra capital to deposit different coins and also larger database to store extra wallet address
Hello.
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
if you look at the altcoins that all these gambling sites have included in their website for you to deposit you can see that these altcoins are mostly coins that are popular. because there is no point in adding a random altcoin that nobody even knows about.
having that altcoin means spending your server resources for running their wallet and that is expensive and you should only do it if people are willing to make bets with those altcoins.
nowadays altcoins are used in gambling in parallel to bitcoins
bitsler.com (check my signature
) allows to gamble using DOGE,ETH,LTC and of course,bitcoins
the more popular a cryptocurrency is the more casinos and sites are using it
https://dicesites.com/ here is a list of dice sites with volumes,check yourself which coin is popular
Yeh, my site is missing some sites like bitsler and crypto-games that accept alt coins. The latter did have some ETH volume (5k btc worth vs 27k actual btc wagered.) But overall the alt coin gambling volumes are not much compared to bitcoin gambling AFAIK.bitsler.com (check my signature
) allows to gamble using DOGE,ETH,LTC and of course,bitcoinsthe more popular a cryptocurrency is the more casinos and sites are using it
https://dicesites.com/ here is a list of dice sites with volumes,check yourself which coin is popular
The volume is certainly not even close to the bitcoin volume in most cases. Guess doge has managed to keep up a decent volume but still pretty low in comparison. I doubt altcoin gambling will grow much bigger unless altcoins with bigger adaptation will pop up. As it is most altcoins are just traded with. Just simply holding alts is a gamble after all.
Hello.
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
Of course the popularity of the coin should come first ,if you are going to run a gambling site,you'll want a community participation and a coin that has no popularity or no community support will not get you playing in their site,in the end people will ask popular coins to be added
nowadays altcoins are used in gambling in parallel to bitcoins
bitsler.com (check my signature ) allows to gamble using DOGE,ETH,LTC and of course,bitcoins
the more popular a cryptocurrency is the more casinos and sites are using it
https://dicesites.com/ here is a list of dice sites with volumes,check yourself which coin is popular
Yeh, my site is missing some sites like bitsler and crypto-games that accept alt coins. The latter did have some ETH volume (5k btc worth vs 27k actual btc wagered.) But overall the alt coin gambling volumes are not much compared to bitcoin gambling AFAIK. bitsler.com (check my signature
) allows to gamble using DOGE,ETH,LTC and of course,bitcoinsthe more popular a cryptocurrency is the more casinos and sites are using it
https://dicesites.com/ here is a list of dice sites with volumes,check yourself which coin is popular
Hi.
Thank you for sharing your observation, it gave me a clearer picture of the industry. However, I just saw a thread "betking.io ico" that proposes making 100m tokens. So those tokens are only for gambling? Or can only be used on that site?
I'm sorry if I am not able to express what I want in a more understandable way.
Thank you for sharing your observation, it gave me a clearer picture of the industry. However, I just saw a thread "betking.io ico" that proposes making 100m tokens. So those tokens are only for gambling? Or can only be used on that site?
I'm sorry if I am not able to express what I want in a more understandable way.
When they talk about an ICO (initial coin offering), what they're actually doing is really just creating shares. Each coin just represents a % of the sites ownership / future profits. So in effect he's selling part of his company in exchange for money (in bitcoin) to expand/market/what ever.
This is quite different to altcoins, like say, ethereum which are designed to "compete" with bitcoin as a means of value.
@jamyr. Please give a link to the Betking ICO thread. Let us see what they are offering in exchange for investing in their ICO. Be warned that ICO's are mostly a scam. Be careful before investing in those.
@RHavar. When you hold tokens from an ICO it does not necessarily mean that each token represents a % of the site's ownership and that it will incur future profits. ICO's are mostly a way to collect money from the community and the leave it up to them to hold or sell their tokens. Many people frown on this in the community because all it creates is a ponzi scheme.
ICOs are indeed often a scam but I doubt that's the case with BetKing. The owner held thousands (6k+) BTC of users and there were no issues. The site just recently decided to turn into a privately funded site which is now looking to raise funds for marketing etc.
Hello.
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.
My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?
-jamyr
P.S.
The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?
Actually its dev/owners decision if they want to add some altcoins in there site since they are just listening to the pulse of people and watch the market for the players to play with alts, but i only see few sites who's accepting alts since it can cost them money and time since it needs more time to upload it to there system,
And i don't see any point why alts can get popularity when it added on gambling sites since there are numerous alt that been added but still got on stable state and sometimes doesnt even bother to look at by gamblers.
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