Bitcoin Gambling is Exploding - page 18.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: prtty2gal2 on May 04, 2016, 12:17:29 PM

Quote from: zerocharisma on May 04, 2016, 12:35:55 AM

Quote from: goldcoinminer on May 03, 2016, 10:31:56 PM

Quote from: maudevang on May 03, 2016, 09:54:44 AM

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

That is true, if the gambling world will collapse the same thing will happen to bitcoin, but right I can't that happening because base on the trend it is apparent that there is a growing industry for gambling using bitcoins and some merchants have already adopted it.

LOL, you should have explore and learn more about bitcoin. It's not depending on gambling if it collapses or not. Bitcoin has way more uses than just gambling. Just like fiat, even the casinos will close it won't affect the money.

If only one gambling site/casino will close, definitely it won't affect the value of bitcoins but if ALL gambling sites were to close down, it will surely affect bitcoins as many people use bitcoins for gambling.

Yeah I have to admit it. As the one of main reasons why I use bitcoin is to do gambling, then I guess so do other people. But if bitcoin has been spread to the world, then bitcoin will never get big effect if all casino sites are closed, since people could use it to do another things.

prtty2gal2

hero member

Activity: 1092

Merit: 523

Quote from: zerocharisma on May 04, 2016, 12:35:55 AM

Quote from: goldcoinminer on May 03, 2016, 10:31:56 PM

Quote from: maudevang on May 03, 2016, 09:54:44 AM

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

That is true, if the gambling world will collapse the same thing will happen to bitcoin, but right I can't that happening because base on the trend it is apparent that there is a growing industry for gambling using bitcoins and some merchants have already adopted it.

LOL, you should have explore and learn more about bitcoin. It's not depending on gambling if it collapses or not. Bitcoin has way more uses than just gambling. Just like fiat, even the casinos will close it won't affect the money.

If only one gambling site/casino will close, definitely it won't affect the value of bitcoins but if ALL gambling sites were to close down, it will surely affect bitcoins as many people use bitcoins for gambling.

mindrust

legendary

Activity: 3276

Merit: 2442

Occasions like this one makes bitcoin grow up.

No surprises lots of people see bitcoin similar to bittorrent.

Both of those technologies are above the law.

People want to gamble and gambling is really a bad thing. So the government bans it. Is that the solution? Banning it? Govs need to raise healthy people with solid minds so they won't think about gambling in the first place. Instead of fixing the cause, they ban the result.

Alcohol makes people drunk, and drunk people make accidents, now should we ban alcohol? (Well, some countries actually do that!)

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: FrueGreads on May 04, 2016, 05:29:57 AM

Quote from: roadbits on May 04, 2016, 05:15:30 AM

Yes it's bitcoin is spreading world wide like a diseases i thought in all countries people know about this crypto currency. It's becoming very famous in short period of time. Now small small business doing people also using this bitcoin. Some people are using this for there daily use also. So If casinos close also it will not effect that much to bitcoin. Only the price of bitcoin will decrease little bit.

I agree it has more uses, but that is only on a small number of places I think, compared to it's gambling use that is worldwide. Where I live and in many other countries, people would not even know bitcoin if they were not using it for gambling, so I think in the remote event that casinos etc, would top using it, the price would go down a lot not just a bit.

Majority users in the gambling industry are those with sports betting. They have the volume to make wagers on their favorite sports, gambling with bitcoin gives them an ease that fiat money cannot offer. There group has been growing faster because they can be easily educated with bitcoins, only gamblers in casino uses fiat because they want some real action in the casino.

FrueGreads

legendary

Activity: 1582

Merit: 1059

Quote from: roadbits on May 04, 2016, 05:15:30 AM

Yes it's bitcoin is spreading world wide like a diseases i thought in all countries people know about this crypto currency. It's becoming very famous in short period of time. Now small small business doing people also using this bitcoin. Some people are using this for there daily use also. So If casinos close also it will not effect that much to bitcoin. Only the price of bitcoin will decrease little bit.

I agree it has more uses, but that is only on a small number of places I think, compared to it's gambling use that is worldwide. Where I live and in many other countries, people would not even know bitcoin if they were not using it for gambling, so I think in the remote event that casinos etc, would top using it, the price would go down a lot not just a bit.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: zerocharisma on May 04, 2016, 12:35:55 AM

Quote from: goldcoinminer on May 03, 2016, 10:31:56 PM

Quote from: maudevang on May 03, 2016, 09:54:44 AM

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

That is true, if the gambling world will collapse the same thing will happen to bitcoin, but right I can't that happening because base on the trend it is apparent that there is a growing industry for gambling using bitcoins and some merchants have already adopted it.

LOL, you should have explore and learn more about bitcoin. It's not depending on gambling if it collapses or not. Bitcoin has way more uses than just gambling. Just like fiat, even the casinos will close it won't affect the money.

Yes it's bitcoin is spreading world wide like a diseases i thought in all countries people know about this crypto currency. It's becoming very famous in short period of time. Now small small business doing people also using this bitcoin. Some people are using this for there daily use also. So If casinos close also it will not effect that much to bitcoin. Only the price of bitcoin will decrease little bit.

maudevang

sr. member

Activity: 350

Merit: 250

Quote from: lite on May 02, 2016, 03:11:29 AM

Quote from: AlexBits on May 02, 2016, 02:58:04 AM

I'm reading much about people who gamble with their coins but why?

Gambling with bitcoins is easy and there are no fees for withdrawals also one doesn't have to provide personal details.

Quote from: AlexBits on May 02, 2016, 02:58:04 AM

you can better gamble with normal gold it's much easier to see what you lose and win.

what do you mean by this??

As you can see now you see that the value is going to be more worth and that makes Bitcoin also more acceptable so that is perfect.
But you also can see that Bitcoin is getting more acceptable and that is perfect.

zerocharisma

full member

Activity: 224

Merit: 100

Quote from: goldcoinminer on May 03, 2016, 10:31:56 PM

Quote from: maudevang on May 03, 2016, 09:54:44 AM

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

That is true, if the gambling world will collapse the same thing will happen to bitcoin, but right I can't that happening because base on the trend it is apparent that there is a growing industry for gambling using bitcoins and some merchants have already adopted it.

LOL, you should have explore and learn more about bitcoin. It's not depending on gambling if it collapses or not. Bitcoin has way more uses than just gambling. Just like fiat, even the casinos will close it won't affect the money.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: goldcoinminer on May 03, 2016, 10:31:56 PM

Quote from: maudevang on May 03, 2016, 09:54:44 AM

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

That is true, if the gambling world will collapse the same thing will happen to bitcoin, but right I can't that happening because base on the trend it is apparent that there is a growing industry for gambling using bitcoins and some merchants have already adopted it.

haha, you know nothing about bitcoin my friend. gambling part is just a tiny part of bitcoin. the fact that you only look at the gambling section and/or you have only used bitcoin to gamble doesn't mean bitcoin is only for gambling.
go check out what bitcoin is used for, you are a Full member now you should know this by now.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: maudevang on May 03, 2016, 09:54:44 AM

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

That is true, if the gambling world will collapse the same thing will happen to bitcoin, but right I can't that happening because base on the trend it is apparent that there is a growing industry for gambling using bitcoins and some merchants have already adopted it.

maudevang

sr. member

Activity: 350

Merit: 250

You see indeed also that Bitcoin and gambling is getting work together and that is nice because you see also see that the value is going to rise slowly and that would be perfect.
And the world is also getting more digital so that is perfect for Bitcoin.

InsideBjorn

sr. member

Activity: 336

Merit: 250

So many people are using the bitcoin for one reason just to gamble. I think if we go further this way the coin only be used
for that kind of stupid things. However the coin isn't secured enough he can be used for many better things than gambling guys...

yayayo

legendary

Activity: 1806

Merit: 1024

Most comments and the article itself focus on the factor that Bitcoin alleviates payment restrictions and is easy to handle. That is certainly true and it explains, why gambling sites implement support for Bitcoin.

But when it comes to gambling one should not overlook the possible psychological implications of using Bitcoin instead of traditional currencies. Bitcoin has far less history and most people still do not directly perceive it as real cash, like they do with the dollar. In the mind of the gambler Bitcoin is still mostly represented as a token, whose real value is not directly emotionally accessible (also given the fact that the valuation of Bitcoin fluctuates significantly).

This token property of Bitcoin encourages risk taking and therefore bigger bets and more frequent gambling, because the negative emotional effect of loosing a bet is not felt as strong as with traditional cash.

ya.ya.yo!

HarryKPeters

hero member

Activity: 896

Merit: 1000

Live Stars - Adult Streaming Platform

The combination between gambling and Bitcoin was a good idea. Both have gained popularity because of it, this can only grow in the future. Maybe even more gambling want to make use of Bitcoin as a currency.

maudevang

sr. member

Activity: 350

Merit: 250

Bitcoin gambling is indeed getting popular now and that is because the world is getting more popular and that is nice for the Bitcoin because it will be more used now.
But the hard thing is that you never know when the value will be and that is the problem of the Bitcoin.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: Fofofolo on May 02, 2016, 03:09:41 AM

As you can see now you see that the value is also getting more worth and that is nice for the Bitcoin and many people are also going to use Bitcoin for gambling.
Because gambling is more digital than people can also use Bitcoin more as their payment method and that is quite perfect for them.

That is because people want to have ease in gambling plus the confidentiality then can get every time they gamble, that is the benefits you can get by using a bitcoin which attracts the gamblers. In the near future many gamblers will learn of what is bitcoin especially from those with the sports betting industry.

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: goldcoinminer on May 02, 2016, 12:54:09 AM

Quote from: adaseb on May 02, 2016, 12:17:47 AM

Whenever Bitcoin goes up, like recently it attracts more and more attention especially to the casinos. So if bitcoin has a great year it will be a great year for bitcoin gambling also.

We, the gamblers help a lot on the stability of bitcoin, if the price will continue to rise, mores online casino will open to take the opportunity and they know most of the gamblers lose their coins in the long. The amount they generated can be considered also as an investment in the future.

Yes, as of now bitcoin prices entirely depending on the online gambling industry. If this gambling industry grows then, bitcoin prices will also go up, if not Bitcoin prices will inevitably come down. Because currently bitcoins are using mostly in gambling industry and other places bitcoins are not so much popular so until in other businesses bitcoin adoption increase, bitcoin prices are totally depending on gambling industry.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: AlexBits on May 02, 2016, 02:58:04 AM

I'm reading much about people who gamble with their coins but why?

Gambling with bitcoins is easy and there are no fees for withdrawals also one doesn't have to provide personal details.

Quote from: AlexBits on May 02, 2016, 02:58:04 AM

you can better gamble with normal gold it's much easier to see what you lose and win.

what do you mean by this??

Fofofolo

member

Activity: 107

Merit: 10

As you can see now you see that the value is also getting more worth and that is nice for the Bitcoin and many people are also going to use Bitcoin for gambling.
Because gambling is more digital than people can also use Bitcoin more as their payment method and that is quite perfect for them.

AlexBits

full member

Activity: 239

Merit: 250

I'm reading much about people who gamble with their coins but why?
you can better gamble with normal gold it's much easier to see what you lose and win.

Topic: Bitcoin Gambling is Exploding - page 18. (Read 18086 times)