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Topic: Bitcoin Gambling is Exploding - page 14. (Read 18086 times)

sr. member
Activity: 336
Merit: 250
May 12, 2016, 12:49:03 PM
Bitcoin is getting more popular as payment method and that is nice for the future because the world is also getting more digital so that is perfect for the Bitcoin.
And many people see also Bitcoin as a payment method and not as an investment so that is nice.
legendary
Activity: 1106
Merit: 1000
May 12, 2016, 03:55:49 AM
Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
lol where have you been? online casinos already exist since over 20 years ago in 1994 if i remember correctly.

you can gamble at your own home since 1994-1995 , you don't need to go to bar to spin the slots. it is not the main goal of bitcoin in gambling industry.
Maybe he is referring to his country cause I am pretty sure that in US or other developed countries it is easy for the citizens to gamble online. In 3rd world country there is not much of a gambling site and that is illegal in that country.
legendary
Activity: 2674
Merit: 1048
May 11, 2016, 09:31:02 PM
Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
lol where have you been? online casinos already exist since over 20 years ago in 1994 if i remember correctly.

you can gamble at your own home since 1994-1995 , you don't need to go to bar to spin the slots. it is not the main goal of bitcoin in gambling industry.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
May 11, 2016, 09:05:54 PM
IMO gambling is the bitcoin killer app. esp when USA banned gambling Wink
hero member
Activity: 952
Merit: 500
May 11, 2016, 08:54:12 PM
Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.

I agree with you, with bitcoin most of the gamblers doesn't need to go to physical casinos just to play and gamble their. But with bitcoin they can easily gamble even to their houses through online and using bitcoin as their currency.
That's the beauty of bitcoins, it gives us the opportunity to gamble at our own home and at our desired time. With the presence of the online casinos now, we can bet of different gambling types, like poker, blackjack and my favorite sports betting.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
May 11, 2016, 07:34:15 PM
Using bitcoin to gamble makes it very convenient.  It's easy to transfer money and you can get around the legalities easily.  In fact, gambling could be a niche for bitcoin's longer term success.
legendary
Activity: 1470
Merit: 1001
May 11, 2016, 03:58:28 PM
Bitcoin gives anonymity to its users, and gambling users like it. Also solve money problems when you try to play on a casino by vpn because your country don't allow it, how you deposit money? Your credit card company will not allow, with bitcoin you don't have this problem (only coinbase wallets could have problems because they don't allow its users to play on casinos).
legendary
Activity: 1386
Merit: 1058
May 11, 2016, 03:25:35 PM
After recent developments now Bitcoin is essential part of every online gambling site when really wants to survive and grow bigger. Once with the Bitcoin there were many sites which appeared and now are bigger and well established.Bitcoin gambling is just at start and still there is huge potential in gambling with Bitcoin.
When technology booms, it is always mandatory for all the business to adopt new technology concepts in order to be competitive and surviving by staying safer. Bitcoin would be the next level of digital and convenient money. So it is mandatory for all the business, I guess gambling sites cannot find any exceptions from it.
True. Bitcoin has arrived for making many complicated things we are facing with our online transactions. In some cases we can say Paypal has killed many business due to it's complicated regulations. So, it would be a purely a good chance for gambling sites to explode further by adopting bitcoins payments.
newbie
Activity: 52
Merit: 0
May 11, 2016, 10:42:43 AM
if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.
but i'm doubt for physical gambling house will accept bitcoin as payment method because some rich people more likely to gambling by visiting gambling house not online gambling sites and spend the night with gambling until morning

Agree with you.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
May 11, 2016, 10:31:40 AM
if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.
but i'm doubt for physical gambling house will accept bitcoin as payment method because some rich people more likely to gambling by visiting gambling house not online gambling sites and spend the night with gambling until morning
hero member
Activity: 980
Merit: 500
May 11, 2016, 09:53:15 AM
There are so many gamblers these days not only gambling with real money but also with their coins.
They don't know with what to gamble so they using everything to gamble with. Maybe a good idea their bitcoins
are rolling and not holding and that's nice.
Yeah so money are stepping over from gambling with real money to gambling with coins like Bitcoin. The fact that you can sue these coins to gamble is going to make it far more popular then it already is.
At some countries gambling isnt allowed soo people are using bitcoins to make their bets even knowing that isnt allowed dont makes them give up to get some good results and maybe be able to change country and get acess to the bitcoin or the money they put at it.This is the place where the most bitcoins are circulating.

Well accessing gambling in another country that those countries have banned gambling have a best ideal with bitcoin gambling in these situations you will totally see the power of the internet that are mostly people are accessing gambling without their government noticing it! COOL!
full member
Activity: 228
Merit: 100
May 11, 2016, 09:16:02 AM
There are so many gamblers these days not only gambling with real money but also with their coins.
They don't know with what to gamble so they using everything to gamble with. Maybe a good idea their bitcoins
are rolling and not holding and that's nice.
Yeah so money are stepping over from gambling with real money to gambling with coins like Bitcoin. The fact that you can sue these coins to gamble is going to make it far more popular then it already is.
At some countries gambling isnt allowed soo people are using bitcoins to make their bets even knowing that isnt allowed dont makes them give up to get some good results and maybe be able to change country and get acess to the bitcoin or the money they put at it.This is the place where the most bitcoins are circulating.
sr. member
Activity: 364
Merit: 250
May 11, 2016, 09:10:29 AM
There are so many gamblers these days not only gambling with real money but also with their coins.
They don't know with what to gamble so they using everything to gamble with. Maybe a good idea their bitcoins
are rolling and not holding and that's nice.
Yeah so money are stepping over from gambling with real money to gambling with coins like Bitcoin. The fact that you can sue these coins to gamble is going to make it far more popular then it already is.
hero member
Activity: 756
Merit: 502
May 11, 2016, 08:50:31 AM
if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.

But there are already existing gambling sites let's say that they are already one of the biggest gambling sites that accept bitcoins.
Maybe you are referring to your local gambling sites or other casinos that still not accepting bitcoins today.
And yeah, if that happens, bitcoin gambling will surely explode.

gambling sites that accept bitcoin, during their new gambling sites that follow the development of bitcoin, and indeed they focus only accept bitcoin. but I mean the biggest gambling sites are already quite a long time, before bitcoin there. examples such as some of the biggest sites of this http://prntscr.com/b2s1pl
full member
Activity: 237
Merit: 100
May 11, 2016, 08:42:26 AM
Compared to fiat btc gambling is miniscule.  There are more gambling sites than actual players in bitcoin world.
hero member
Activity: 980
Merit: 500
May 11, 2016, 07:52:16 AM

when it comes to "online" gambling then nothing can take the place of bitcoin. gambling with fiat is just too messy, and so it is much easier to just pick bitcoin instead as a replacement.
mostly because of the small fees that it has especially if you are investing a large amount (it is not percentage base like other payments with fiat)

Yup! I agree because bitcoin gambling is very easy than in real casino, you would just need a great internet connection and your good to go, and not a hustle when you playing it too because you just need the site that you like and an anonymous account and even just a small amount of bitcoin will do and you can play bitcoin gambling.
legendary
Activity: 3808
Merit: 1723
May 11, 2016, 06:40:33 AM
if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.

But there are already existing gambling sites let's say that they are already one of the biggest gambling sites that accept bitcoins.
Maybe you are referring to your local gambling sites or other casinos that still not accepting bitcoins today.
And yeah, if that happens, bitcoin gambling will surely explode.

I doubt that those casinos will start accepting Bitcoins. Their total revenue would probably be less than 0.1% so they will just leave it the way it is. Maybe if the market cap for BTC rises then they might do that.
hero member
Activity: 756
Merit: 502
May 10, 2016, 10:36:50 PM
if all the gambling sites accept bitcoin, especially if some of the biggest gambling sites accept bitcoin. bitcoin gambling likely will explode.
and also supported by the use bitcoin are anonymous, easy and low cost.
legendary
Activity: 1106
Merit: 1000
May 10, 2016, 10:18:17 PM
Its quite obvious that this would happen as bitcoin provides an anonymous way of depositing and withdrawing. Which leads to a lot of people who don't want to go through the verification and the kyc on real money casinos.
Yes, and who likes to be screen or give your personal information before you can gamble. Gamblers should not be verified because we all just want to enjoy gambling and we understand the risk even if our money got lost. And as a gambler we understand the risk from the start or in depositing process therefor we only deposit and amount that we can afford to lose.
hero member
Activity: 891
Merit: 500
May 10, 2016, 09:22:04 PM
Its quite obvious that this would happen as bitcoin provides an anonymous way of depositing and withdrawing. Which leads to a lot of people who don't want to go through the verification and the kyc on real money casinos.
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