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Topic: Bitcoin Gambling is Exploding - page 16. (Read 18086 times)

member
Activity: 71
Merit: 10
May 09, 2016, 08:50:19 AM
Well bitcoin main area where it has been used spent is gambling ,and the other industry is porn websites besides those,bitcoin isnt well represented and has almost no investements outside this two industries being gambling the bigger and where the most bitcoins being used present,and this market keeps growing all days and more gamblers coming into the casinos trying their lucky.
hero member
Activity: 952
Merit: 500
May 08, 2016, 11:19:27 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.
Many gambling sites have already adopted with bitcoins because they see this as an opportunity to gain more profit, if they will use bitcoin, many gamblers will be able to bet because the country restrictions will then be eliminated, and charges for deposits/withdrawals have a little charges.
Yes with the bitcoin payments we can eliminate almost every restrictions and limitations we are facing previously with our  credit cards or PayPal kind of online payment processers. The low fee transactions of bitcoin network will help both gambler and gambling houses.
That is why many gamblers prefer to chose bitcoin as their medium of betting because of the comfort that bitcoin gave to them, because of many online casinos who are operating now, we can chose the best base on our standard.
hero member
Activity: 2926
Merit: 640
May 08, 2016, 11:56:02 AM
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.
Many gambling sites have already adopted with bitcoins because they see this as an opportunity to gain more profit, if they will use bitcoin, many gamblers will be able to bet because the country restrictions will then be eliminated, and charges for deposits/withdrawals have a little charges.
Yes with the bitcoin payments we can eliminate almost every restrictions and limitations we are facing previously with our  credit cards or PayPal kind of online payment processers. The low fee transactions of bitcoin network will help both gambler and gambling houses.
hero member
Activity: 1092
Merit: 523
May 07, 2016, 03:15:48 AM
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.
full member
Activity: 205
Merit: 100
May 07, 2016, 02:54:09 AM
yeah bitcoin gambling is exploding, you can see it in blockchain and i agree that almost all transactions in blockchain came from trading and gambling.
In gambling Bitcoin is the easiest to use as chip to gamble and withraw.
legendary
Activity: 2002
Merit: 1016
May 07, 2016, 02:36:53 AM
People playing gambling are now growing because of its anonymity and fast transactions.
Bitcoin is having free advertisements by using bitcoin in gambling, almost all transactions flowing in blockchain is from gambling.

Of course, the biggest advantage of Bitcoin is anonymity, it was so from the very beginning of its establishment. It is obvious that no one wants to visit the bank, and with employee reading his bank statement with strange amount next to the names of casinos (the same applies to porn indutsry, or shopping in sex shops). This is the big advantage  Bitcoin over banks (credit cards).
At the same time fast and easy access to gambling creates an even greater threat because they are eliminated an element of shame that some players refrained from playing. It for sure will make problem of addiction much bigger.
We have to remeber that Bitcoin has many advantages, but it also carries risks.

As for the number of transactions in Blockchain, you can be sure that even half of them does not apply to gambling. Majority of transactions is coming from trading.

hero member
Activity: 1372
Merit: 503
May 07, 2016, 02:06:05 AM
People playing gambling are now growing because of its anonymity and fast transactions.
Bitcoin is having free advertisements by using bitcoin in gambling, almost all transactions flowing in blockchain is from gambling.
sr. member
Activity: 322
Merit: 250
May 07, 2016, 01:44:35 AM
There are now more people that is using Bitcoin as their payment and that is perfect but that doesnt mean now that gambling is good to do because it is still wasted money.
But people are making Bitcoin more acceptable and that is the best thing that can happen to the currency.
legendary
Activity: 1988
Merit: 1007
May 07, 2016, 12:45:59 AM
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.

Bitcoin has huge potential in Gambling and main reason for this is because of the fact Bitcoin Tx are anonymous and no can trace you.
You can put your black money in Bitcoins and get involved in Gambling without any risks.
I agree, without the support of the gambling industry bitcoin will not prosper, most of its users are gamblers because it brings good benefits to them compared to playing in a legitimate gambling site when you need to give your personal information. On other hand some merchants are already adopting to bitcoin and I can say that this is a good sign.

Bitcoin absolutely doesn't need gambling to prosper. I will say that things like DNM and gambling are what brought it into the spotlight, but it's a means of monetary transfer -- the possibilities behind that are endless. Even as simple as "I want to send you $1000." It doesn't even need merchandise sales or anything else.
legendary
Activity: 1106
Merit: 1000
May 07, 2016, 12:42:09 AM
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.

Bitcoin has huge potential in Gambling and main reason for this is because of the fact Bitcoin Tx are anonymous and no can trace you.
You can put your black money in Bitcoins and get involved in Gambling without any risks.
I agree, without the support of the gambling industry bitcoin will not prosper, most of its users are gamblers because it brings good benefits to them compared to playing in a legitimate gambling site when you need to give your personal information. On other hand some merchants are already adopting to bitcoin and I can say that this is a good sign.
hero member
Activity: 588
Merit: 500
May 07, 2016, 12:28:21 AM
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.

Bitcoin has huge potential in Gambling and main reason for this is because of the fact Bitcoin Tx are anonymous and no can trace you.
You can put your black money in Bitcoins and get involved in Gambling without any risks.
legendary
Activity: 1988
Merit: 1007
May 07, 2016, 12:25:32 AM
Yeah it is obious that gambling is finding more place in bitcoin. there is no problem in bitcoin gambling unlike fiat currency, you need not proove your identity and some website gives the user to place the bitcoin and exchange without even creating a account and just with the bitcoin deposite adress, there is no problem in payout charges and it is very simple and easy to gamble your favourite games with bitcoins 

bitcoin gambling in the future will become increasingly popular, as are so many benefits if we use you bitcoin for gambling.
bitcoin gambling will further explode, if the biggest gambling sites accept bitcoin payments, as is usually the largest gambing sites have option very complete, also offers very high odds. I really hope to play gambling with bitcoin as that at 365bet

Unless BTC becomes more regulated. Keep in mind fiat isn't an issue because of how it's transferred, it's an issue because of regulation. It's not hard for governments to crack down if they want to.
legendary
Activity: 1960
Merit: 1026
May 07, 2016, 12:17:48 AM
Yeah it is obious that gambling is finding more place in bitcoin. there is no problem in bitcoin gambling unlike fiat currency, you need not proove your identity and some website gives the user to place the bitcoin and exchange without even creating a account and just with the bitcoin deposite adress, there is no problem in payout charges and it is very simple and easy to gamble your favourite games with bitcoins 

bitcoin gambling in the future will become increasingly popular, as are so many benefits if we use you bitcoin for gambling.
bitcoin gambling will further explode, if the biggest gambling sites accept bitcoin payments, as is usually the largest gambing sites have option very complete, also offers very high odds. I really hope to play gambling with bitcoin as that at 365bet
member
Activity: 65
Merit: 10
May 07, 2016, 12:04:14 AM
Yeah it is obious that gambling is finding more place in bitcoin. there is no problem in bitcoin gambling unlike fiat currency, you need not proove your identity and some website gives the user to place the bitcoin and exchange without even creating a account and just with the bitcoin deposite adress, there is no problem in payout charges and it is very simple and easy to gamble your favourite games with bitcoins 
hero member
Activity: 952
Merit: 500
May 06, 2016, 10:34:51 PM
Exactly, that is what driving the growth of bitcoin gambling sites and in effect bitcoin too. Unfortunately, gambling bad effects to man may also grow. Easy access to gambling sites may increase the negative effect of gambling to people because they can easily be addicted to it. But, of course, it would be beneficial to most bitcoin users. I just hope the good effects out weight the bad ones over time.

Well gambling with fiat is not that hard as well, so I think it won't increase the level of addiction that much, but I understand what you are saying and you have a point. But I think people will always find a way to gamble if they want so I don't feel bad for the bitcoin exponential grow, and I hope it continues.

Bitcoin exponential growth will still continues if bitcoin gambling will become more popular and I think gambling in fiat is still pretty addicting too just like in bitcoin gambling, because real casinos are the starters of gambling addiction so bitcoin gambling just got it to a next level by involving other people who can't afford to go to real casino games!

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)
The online world has a good benefits to the people because by it we can explore many things that would interest us. Right now the biggest interest of the people is gambling and with the help of bitcoin they were able to gamble safely and anonymously. Imagine what bitcoins bring to us, we can gamble without divulging our personal information and I am pretty sure that in the near future many sites will be available.
legendary
Activity: 1946
Merit: 1137
May 06, 2016, 10:04:22 AM
Exactly, that is what driving the growth of bitcoin gambling sites and in effect bitcoin too. Unfortunately, gambling bad effects to man may also grow. Easy access to gambling sites may increase the negative effect of gambling to people because they can easily be addicted to it. But, of course, it would be beneficial to most bitcoin users. I just hope the good effects out weight the bad ones over time.

Well gambling with fiat is not that hard as well, so I think it won't increase the level of addiction that much, but I understand what you are saying and you have a point. But I think people will always find a way to gamble if they want so I don't feel bad for the bitcoin exponential grow, and I hope it continues.

Bitcoin exponential growth will still continues if bitcoin gambling will become more popular and I think gambling in fiat is still pretty addicting too just like in bitcoin gambling, because real casinos are the starters of gambling addiction so bitcoin gambling just got it to a next level by involving other people who can't afford to go to real casino games!

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)
hero member
Activity: 980
Merit: 500
May 06, 2016, 08:09:34 AM
Exactly, that is what driving the growth of bitcoin gambling sites and in effect bitcoin too. Unfortunately, gambling bad effects to man may also grow. Easy access to gambling sites may increase the negative effect of gambling to people because they can easily be addicted to it. But, of course, it would be beneficial to most bitcoin users. I just hope the good effects out weight the bad ones over time.

Well gambling with fiat is not that hard as well, so I think it won't increase the level of addiction that much, but I understand what you are saying and you have a point. But I think people will always find a way to gamble if they want so I don't feel bad for the bitcoin exponential grow, and I hope it continues.

Bitcoin exponential growth will still continues if bitcoin gambling will become more popular and I think gambling in fiat is still pretty addicting too just like in bitcoin gambling, because real casinos are the starters of gambling addiction so bitcoin gambling just got it to a next level by involving other people who can't afford to go to real casino games!
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
May 06, 2016, 04:21:28 AM
Exactly, that is what driving the growth of bitcoin gambling sites and in effect bitcoin too. Unfortunately, gambling bad effects to man may also grow. Easy access to gambling sites may increase the negative effect of gambling to people because they can easily be addicted to it. But, of course, it would be beneficial to most bitcoin users. I just hope the good effects out weight the bad ones over time.

Well gambling with fiat is not that hard as well, so I think it won't increase the level of addiction that much, but I understand what you are saying and you have a point. But I think people will always find a way to gamble if they want so I don't feel bad for the bitcoin exponential grow, and I hope it continues.
legendary
Activity: 1232
Merit: 1000
May 06, 2016, 04:10:40 AM
Bitcoin gambling is exploding and i have no doubt about this, from my opinion bitcoin community is growing very fast and so many new people joining this revolution, when somebody want to have fun online to stay anonymous than bitcoin is the only solution at the moment as it offers so many merchants and huge variety of gambling easily.

ease of use bitcoin to gambling make it explode, me and some of my friends, carried away by the bitcoin gambling.
legendary
Activity: 2240
Merit: 1069
May 06, 2016, 04:04:51 AM
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.
Many gambling sites have already adopted with bitcoins because they see this as an opportunity to gain more profit, if they will use bitcoin, many gamblers will be able to bet because the country restrictions will then be eliminated, and charges for deposits/withdrawals have a little charges.

Exactly, that is what driving the growth of bitcoin gambling sites and in effect bitcoin too. Unfortunately, gambling bad effects to man may also grow. Easy access to gambling sites may increase the negative effect of gambling to people because they can easily be addicted to it. But, of course, it would be beneficial to most bitcoin users. I just hope the good effects out weight the bad ones over time.
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