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Topic: Bitcoin Gambling is Exploding - page 10. (Read 18086 times)

legendary
Activity: 1288
Merit: 1000
May 27, 2016, 07:50:18 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.
Definitely bitcoin payment system must be the best invention of this century.

With the respect of gambling, it must be one of the best suitable sector for using bitcoin payment system. Bitcoin gambling is exploding because, without any country's restrictions and with very low transaction fees and also makes it possible to gamble with the very less amount.

What if there isn't any transaction fee involve then I think that will surely make bitcoin gambling become more popular right? because many will possibly want to play gambling without the worry of the transaction fee at hand right that means you can have lot of money for gaming and that can be fun!
Transaction Fee is so insignificant that in reality no one cares about it. The only problem of bitcoin network which is problematic for casinos, that I can think of, is ability to double spend.
Some casinos which offers instant deposit feature can be susceptible to this exploit.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 27, 2016, 07:31:50 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.
Definitely bitcoin payment system must be the best invention of this century.

With the respect of gambling, it must be one of the best suitable sector for using bitcoin payment system. Bitcoin gambling is exploding because, without any country's restrictions and with very low transaction fees and also makes it possible to gamble with the very less amount.

What if there isn't any transaction fee involve then I think that will surely make bitcoin gambling become more popular right? because many will possibly want to play gambling without the worry of the transaction fee at hand right that means you can have lot of money for gaming and that can be fun!

In reality, removing tx fees isn't fun at all in the case of bitcoin.

Removing tx fees would only result to less miners processing transactions for the whole network. Tx fees are only present if you are depositing your btc into a site, but most gambling sites nowadays cover up the fees when you withdraw. And besides, the fees in general doesn't amount to even a couple cents, so why is it a problem at all?

The deal with bitcoin gambling is that anyone can try their luck without the hassle of submitting identity verification or whatsoever.
hero member
Activity: 980
Merit: 500
May 27, 2016, 07:26:07 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.
Definitely bitcoin payment system must be the best invention of this century.

With the respect of gambling, it must be one of the best suitable sector for using bitcoin payment system. Bitcoin gambling is exploding because, without any country's restrictions and with very low transaction fees and also makes it possible to gamble with the very less amount.

What if there isn't any transaction fee involve then I think that will surely make bitcoin gambling become more popular right? because many will possibly want to play gambling without the worry of the transaction fee at hand right that means you can have lot of money for gaming and that can be fun!
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
May 27, 2016, 07:13:18 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.
Definitely bitcoin payment system must be the best invention of this century.

With the respect of gambling, it must be one of the best suitable sector for using bitcoin payment system. Bitcoin gambling is exploding because, without any country's restrictions and with very low transaction fees and also makes it possible to gamble with the very less amount.
hero member
Activity: 1470
Merit: 655
May 27, 2016, 07:09:33 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.



Well this is really going to happen in the future for the convenience of all people, but for this those gamblers benefit to it.
And they saves in time on travelling, they don't have to go to the casino but they could gamble with just a click away.

Bitcoin has paved a way for cashless and hassle-free gambling, but I think it's not just the gamblers and the gambling scene who benefits to this. Take into account those merchants and consumers using bitcoin as form of payment (plus less tx fees from payment processors eg. PayPal etc.)

if you compare it to the actual global usage of bitcoin in different areas you can figure out that bitcoin gambling is just a very small portion of this ecosystem and it is growing fast just like anything else with bitcoin.
sr. member
Activity: 420
Merit: 250
May 27, 2016, 07:02:59 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.



Well this is really going to happen in the future for the convenience of all people, but for this those gamblers benefit to it.
And they saves in time on travelling, they don't have to go to the casino but they could gamble with just a click away.

That is correct. Many gamblers including me can take profit of all of the benefits of bitcoin gambling. I can play from work , just install a bitcoin wallet at your work PC when this PC is not shared with others if you want to play at directbet. If not depositing to your favorite bitcoin gambling site is enough. Wife cannot find out, mother cannot, sister cannot all family cannot find out. Work also don't find out if you are careful. These plus other reasons like these are making bitcoin gambling exploding and I think can explode even further.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 27, 2016, 06:58:24 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.



Well this is really going to happen in the future for the convenience of all people, but for this those gamblers benefit to it.
And they saves in time on travelling, they don't have to go to the casino but they could gamble with just a click away.

Bitcoin has paved a way for cashless and hassle-free gambling, but I think it's not just the gamblers and the gambling scene who benefits to this. Take into account those merchants and consumers using bitcoin as form of payment (plus less tx fees from payment processors eg. PayPal etc.)
hero member
Activity: 980
Merit: 500
May 27, 2016, 06:15:10 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.

Well with great minds surely is a best thing and it is worst it if they share it to the world what I like about this technology is the fast transaction and security of this called bitcoin and I truly enjoy how convenient it is in the lives of many people!
member
Activity: 84
Merit: 10
www.lunarbets.eu Bitcoin*Sports*Betting
May 26, 2016, 06:49:58 AM
Thanks to the great minds who visioned our future technology.  (The theoretical physicist of today)  Because of them we have a technology of cashless purchasing, to put bets online while traveling or at home or even fishing in the middle of a lake.  And that's explosive especially using btc.
legendary
Activity: 1470
Merit: 1002
May 26, 2016, 05:12:38 AM
I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.

Because i see it good market place for businessman to get high revenue earnings because most of people gamble to much money for the sake of fun, thats why they take the oppurnity to build gambling den/sites so they can get easy big moneys in their pocket, casino owners get two things success their its passion for gambling and to be rich thats why gambling will not be outrend because they will think many ways of programs where people GEt more interest to gamble their money more and more
Gambling is a very profitable business, businessman find a good opportunity in using bitcoins as a means in gambling as it can attract more gamblers, especially a micro gamblers where they can get a volume of it.

indeed, it is a very good business plan. however, it is also not easy as you need to have good security and good marketing skills. Otherwise, some casino that i have known end up closing cause too little people.
hero member
Activity: 952
Merit: 500
May 26, 2016, 04:04:31 AM
I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.

Because i see it good market place for businessman to get high revenue earnings because most of people gamble to much money for the sake of fun, thats why they take the oppurnity to build gambling den/sites so they can get easy big moneys in their pocket, casino owners get two things success their its passion for gambling and to be rich thats why gambling will not be outrend because they will think many ways of programs where people GEt more interest to gamble their money more and more
Gambling is a very profitable business, businessman find a good opportunity in using bitcoins as a means in gambling as it can attract more gamblers, especially a micro gamblers where they can get a volume of it.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
May 25, 2016, 03:16:57 AM
I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.

Because i see it good market place for businessman to get high revenue earnings because most of people gamble to much money for the sake of fun, thats why they take the oppurnity to build gambling den/sites so they can get easy big moneys in their pocket, casino owners get two things success their its passion for gambling and to be rich thats why gambling will not be outrend because they will think many ways of programs where people GEt more interest to gamble their money more and more
hero member
Activity: 574
Merit: 500
May 25, 2016, 02:13:27 AM
I don't think that it's that surprising that bitcoin gambling is exploding. Simply because of the non-reversibility that bitcoin offers as a payment option, unlike Paypal or Credit Cards. That's why both the house and the player prefers it because no one can charge back.

And this could be both good or bad for bitcoin. It could be good since it brings more attention to bitcoin, and more people use it; but it could be bad as well because people get addicting to gambling.
sr. member
Activity: 294
Merit: 250
May 25, 2016, 02:00:19 AM
Definitely can see why it's exploding right now. I believe that bitcoin gambling is exploding because of the simplicity of the payment network as well as the globalized manner bitcoin is used for.

So any person that has access to internet, wherever he or she might be can gamble with bitcoins. It's simply and easy. No need for IDs, AML and KYC restrictions. Bitcoin solves all that. Also with the anonymity bitcoin brings, many people choose to gamble with BTC.
sr. member
Activity: 392
Merit: 251
May 24, 2016, 11:57:25 PM
Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Wrong.

The future of gambling is a script that is hosted on the ethereum decentralized supercomputer, that can pay for itself with its profits.
legendary
Activity: 1092
Merit: 1000
May 24, 2016, 11:26:38 PM
Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Because of the other alternative coins gambling industry will more progress and the crypto community as well, it is good for the users as they can select among the best coins available but bitcoins still stands out.

That's probably going to happen very soon as ETH and LISK are goes to pump and pump but just like bitcoin
they are also depending to it somehow. But the gambling industry is getting bigger and bigger even with alt coins and bitcoins also.

Yes Gambling is become famous because of coins in this Bitcoin  performance is lot now a days because every one started to using this Bitcoin in gambling. Yes last 5 years back what is Bitcoin and now it is fully different slowly all online shopping sites also start to accept this Bitcoin means it will become very famous. Now because if this price Bitcoin is exploding and attracting to every one.
hero member
Activity: 644
Merit: 500
May 24, 2016, 09:49:19 PM
Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Because of the other alternative coins gambling industry will more progress and the crypto community as well, it is good for the users as they can select among the best coins available but bitcoins still stands out.
an also giving opportunity to all investors to choose whatever coins they wanted to use, this gambling site who's opening opportunity to all other alt coins is moving faster than those which use bitcoin alone so better expect more and more alt coin to be consider, the more gambling site the more alt will get opportunity and gambling business will bloom in the next coming years.
hero member
Activity: 952
Merit: 500
May 24, 2016, 08:24:25 PM
Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
Because of the other alternative coins gambling industry will more progress and the crypto community as well, it is good for the users as they can select among the best coins available but bitcoins still stands out.
legendary
Activity: 3808
Merit: 1723
May 24, 2016, 05:54:51 PM
Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.


Yes I agree, also the future of gambling will be gambling on the blockchain with Ethereum or LISK. So its more fair and the bets are verified.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
May 24, 2016, 05:42:30 PM
Gambling with bitcoins exploded last year and now we see side effects of that explosion. I don't think it's top, bitcoin can do much more in gambling industry.
When you look where bitcoin was 5 years ago, and where it is now tells us that for 5 years btc will be accepted in every online casino in the world.
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