Betting with Cryptocurrency is growing in popularity

batang_bitcoin

hero member

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Merit: 603

Quote from: markcruz5554 on September 03, 2018, 08:44:36 AM

Yeah seems to of been a lot of ICOs based on gambling on the blockchain lately. Hopefully some of them succeed over the next few years.

I've seen a lot of them last year and until now there are still ICOs that are pursuing this type of project.

I guess some of them became successful but I think that there are numbers of it that didn't get any exposure that lead them to fail.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: markcruz5554 on September 03, 2018, 08:44:36 AM

Yeah seems to of been a lot of ICOs based on gambling on the blockchain lately. Hopefully some of them succeed over the next few years.

I've seen a lot of them last year and until now there are still ICOs that are pursuing this type of project.

I guess some of them became successful but I think that there are numbers of it that didn't get any exposure that lead them to fail.

Commitments

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Activity: 532

Merit: 10

Never joined betting ico, I have heard news and correct information there are never accepted for betting coin listed on exchange market. the exchange market never allow for listing betting ico coin on their market, you will lost your investment money when you buy betting ico coin.

gambitcoin53

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Activity: 378

Merit: 25

when i started in crypto, i started on a gambling sites that offers token satoshis and bitcoin, almost all users here are aware that crytpo and gambling are common in this kind digital sites, therefore, even before people knew that cryptocurrencies are associated with gambling, the fact that FUDs are using this loophole to create distrust on the cryptocurrencies not knowing that from gambling, look how crypto evolved as a trading medium to earn a profit on the not so illegal way.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

It is obvious this is going to be the case, gambling with cryptocurrencies is getting really popular because it allows players located in countries in which gambling is ban to gamble in their favorite sports or game and to do it in an anonymous way since no one is going to ever find out what they did, so it is not really a surprise that bitcoin gambling is growing so fast.

goshay97

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Activity: 223

Merit: 1

I agree. Wagerr was my first ICO. The blockchain and gambling seem like such a great fit. I'm sure the regulators will have a fit trying to stop this but in the end we will be able to gamble anywhere anytime on the blockchain. LOL I love crypto.

motun01

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Activity: 431

Merit: 18

Gamblingbwith cryptos sounds Luke a great idea but this is not very feasible because cryptocurrency is not stable against the dollar Nd unless cryptocurrencies get some kind of stability in the long run. This industry may no longer be available for disruption.

cryptolidus

member

Activity: 406

Merit: 10

Sports betting with cryptocurrencies has already big popularity and there is a big demand also from gaming and
gambling industry to use blockchain technology as it is secure and confident.

imesh4you

member

Activity: 210

Merit: 10

Yes. I have seen, thousands of betting sites with crypto. These are a very popular thing in the crypto industry. I saw, many people doing betting works. But my opinion is, it's not good work for us. Betting means the same as gambling. So personally, I will never recommend any gambling work for you and I've never participated or participating in gambling works. We have many safe and good ways in the crypto field to earn altcoins. My advice is, trying to do real work.

jessd7

newbie

Activity: 149

Merit: 0

I absolutely think betting with crypto is an emerging and disrupting industry. Betting has been a part of our history since time immemorial so it is deeply rooted in our culture, however, using crypto will make it more exciting and transparent. At least, with the blockchain technology, it will be more efficient, regulated and there will be less chance for people to be deceitful.

markcruz5554

jr. member

Activity: 112

Merit: 1

Yeah seems to of been a lot of ICOs based on gambling on the blockchain lately. Hopefully some of them succeed over the next few years.

alex_kir

full member

Activity: 490

Merit: 100

Why not? I think that in most cases, rates are a very profitable type of business, because it often happens that people do not understand anything in this matter, they just bet on experiencing fate.

supermine

hero member

Activity: 826

Merit: 518

The market capitalization of the crypto gambling is very huge and it is already legal in most of the countries even India is in the process of making it legal,so the world is getting ready for the crypto environment in every field.

Valay9836

newbie

Activity: 112

Merit: 0

since interest rates are illegal in most countries. therefore, people are switching to cryptocurrency. because it's hard to track.

mdzahed134

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Activity: 2226

Merit: 259

Buzz App - Spin wheel, farm rewards

i think still BTC is not highly popular in gambling platform.Majority of the gambling big site is not accepted in Bitcoin like Bet365 is the most popular gambling site in all over the countries.Than i think second is Paddypower is another big one gambling platform.They accept only Netteler & skrill currency.I hope at future they will be accept Bitcoin.

MatthewNaccarato

newbie

Activity: 116

Merit: 0

Recently the Chinese government has imposed various rules and regulations on cryptocurrency trading in China. Due to this, the gambling money was seized by the Chinese government. The cryptocurrency prices in China have lowered a lot due to this step.

EdwardClinton

newbie

Activity: 82

Merit: 0

It's really disappointing. Online gambling in Chinese cryptocurrency market is very disappointing. This type of gambling should be stop before it gets really extreme.Already Chinese Police has done a great job and I think in future they will be able to stop it permanently.

13ex07

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Activity: 322

Merit: 11

Thank you for +Merit

Quote from: pokxon on July 16, 2018, 04:22:41 AM

Online gambling encroaches on the Chinese cryptocurrency market
According to an investigation into a Bitcoin-accepted online gambling platform, the amount of money wagered during the World Cup is 10 billion Yuan ($ 1.5 billion). In particular, the Chinese police have recovered 5 million Yuan, equivalent to $ 750,000 and $ 1.5 million worth of cryptocurrency.

Maybe it sounds strange, but I think it's good news. At one time, the porn industry pushed the development of the VHS video standard and sent the standard developed by Sony to oblivion.

Balorck

newbie

Activity: 105

Merit: 0

In my opinion, the cryptocurrency will soon conquer the entire market and not only gambling . It opens all the doors to the people . and gives a lot of possibilities

piaomar

jr. member

Activity: 252

Merit: 1

now, so many projects about gambling and I think the project with the concept like this is crowded followed by many investors. we know that the opportunity to make a profit in here is big so they make good use of it.

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