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Topic: Bitcoin Gambling is Exploding - page 25. (Read 18086 times)

legendary
Activity: 2240
Merit: 1069
April 11, 2016, 07:38:25 PM
Gambling is a very good thing for the bitcoin because as you can see that gambling is one of the things that really makes the bitcoin popular.
There are now already so much online casino's for the bitcoin with a lot of variety of games to bet on.

That is true. Gambling makes sure that there is a constant movement in bitcoin. Without it, bitcoin will be an idle currency. We can thank gambling for that because it makes the price stable and grow higher. And the gamblers can thank bitcoin for all the benefits bitcoin can give them.
member
Activity: 84
Merit: 10
April 11, 2016, 04:27:12 PM
When twitter streams these NFL games this year we should bum rush the #hashtags with bitcoin related sports betting links.
If you factor in the amount of people that will be watching it could be a good venture for the scene.
sr. member
Activity: 350
Merit: 250
April 11, 2016, 08:58:19 AM
Bitcoin is getting more popular and that is nice for everything, you can see that the value of Bitcoin is now not even rising but it is now getting more used and that is good for Bitcoin.
Gambling is also getting more digital and that is perfect to use Bitcoin as a payment method for gambling.
hero member
Activity: 588
Merit: 501
April 11, 2016, 08:50:18 AM
Well its good for bitcoin have and be present at the gambling business,as i said porn and gambling are the main places where bitcoiners spend their coins ,or invest,soo this were already expected to be like that,here i believe there are over 10 signatures from houses of gambling,soo nothing new.Bitcoin can bring the others fiat gamblers into the game .
The main reason for bitcoin to get popular in the field of gambling and porn is due to its anonymity. Peoples don't like to disclose their identity when they like to get some adult entertainment or when they like to play in casinos. But the same anonymous feature had made bitcoin a favorite option for hackers and criminals too.

yes indeed the way bitcoin works and easy transaction that's is the best for gambler they want to easy in and out and that's the reason why many of the gamblers choose bitcoin gambling. and it will keep it like that as alt also adding the coin to some betting site.

Unless you are taking every precaution to not be traced you'll be easily be caught, people tends to mistake and think that bitcoin is anonymous which is not the case, for an average bitcoin user, everything is related to their wallet(s) address, every transaction they do can be traced so what's left, is to link the address to it physical owner.

To be clear I'm not saying that every gambler is at risk to be caught, of course stats don't have the resources to track small gamblers, I think the resources would be spent on getting the big guys and the gambling services.

The other thing to know is that every country have their own regulation, in some countries gambling is prohibited full stop, on others, the gambling is regulated and is under licenses and everything that doesn't follow the rules is considered illegal (thinking of many European countries for example)
hero member
Activity: 644
Merit: 500
April 11, 2016, 08:38:17 AM
Well its good for bitcoin have and be present at the gambling business,as i said porn and gambling are the main places where bitcoiners spend their coins ,or invest,soo this were already expected to be like that,here i believe there are over 10 signatures from houses of gambling,soo nothing new.Bitcoin can bring the others fiat gamblers into the game .
The main reason for bitcoin to get popular in the field of gambling and porn is due to its anonymity. Peoples don't like to disclose their identity when they like to get some adult entertainment or when they like to play in casinos. But the same anonymous feature had made bitcoin a favorite option for hackers and criminals too.

yes indeed the way bitcoin works and easy transaction that's is the best for gambler they want to easy in and out and that's the reason why many of the gamblers choose bitcoin gambling. and it will keep it like that as alt also adding the coin to some betting site.
legendary
Activity: 1218
Merit: 1006
April 11, 2016, 08:34:42 AM
Well its good for bitcoin have and be present at the gambling business,as i said porn and gambling are the main places where bitcoiners spend their coins ,or invest,soo this were already expected to be like that,here i believe there are over 10 signatures from houses of gambling,soo nothing new.Bitcoin can bring the others fiat gamblers into the game .
The main reason for bitcoin to get popular in the field of gambling and porn is due to its anonymity. Peoples don't like to disclose their identity when they like to get some adult entertainment or when they like to play in casinos. But the same anonymous feature had made bitcoin a favorite option for hackers and criminals too.
sr. member
Activity: 532
Merit: 250
April 11, 2016, 07:54:07 AM
Gambling is a very good thing for the bitcoin because as you can see that gambling is one of the things that really makes the bitcoin popular.
There are now already so much online casino's for the bitcoin with a lot of variety of games to bet on.
True enough, but it's not just gambling that make Bitcoin famous, there are a few things that did make a Bitcoin is quite popular in the world that is transparent, fast, safe, and inexpensive. It is a very basic factor for those choosing the Bitcoin and eventually popular.
hero member
Activity: 714
Merit: 500
April 11, 2016, 07:46:01 AM
Gambling is a very good thing for the bitcoin because as you can see that gambling is one of the things that really makes the bitcoin popular.
There are now already so much online casino's for the bitcoin with a lot of variety of games to bet on.
hero member
Activity: 714
Merit: 500
April 11, 2016, 07:13:35 AM
I think gambling is very beneficial for those who have a good strategy, and if you intend to open a gambling site, I hope you can know gambling very well so that you can quickly give the best service. The gambling business is very lucrative and very promising because of the price a Bitcoin can ride anytime and come down anytime, making gambling is very good to invest
hero member
Activity: 980
Merit: 500
April 11, 2016, 07:09:36 AM
Yes more and more people are using bitcoins to gamble. The fact that you can use bitcoin with out your personal information is a big reason. People then can gamble more safely online.

Safely for them because they are unknown because of the players are anonymous when they play and many players likes these they want to play gamble and that is why bitcoin gambling really is booming in every part of the countries.
jr. member
Activity: 59
Merit: 10
April 11, 2016, 06:47:44 AM
Yes more and more people are using bitcoins to gamble. The fact that you can use bitcoin with out your personal information is a big reason. People then can gamble more safely online.
hero member
Activity: 980
Merit: 500
April 11, 2016, 05:35:00 AM

Yes this is true however the governments are really starting to crack down on gamblers, look at what the USA regulations are doing.

Yup! they truly want to see to it that gamble is stop especially if it is bitcoin related and in the past years that bitcoin are still fresh the government really wants to control bitcoin for themselves, I think that many casinos in america are getting screwed by online gambling sites because I think IMO many casino players are investing in bitcoin then playing gambling anonymously with bitcoin that is why casinos are making a plan to stop gambling sites
legendary
Activity: 3808
Merit: 1723
April 11, 2016, 05:28:44 AM
Gotta agree with this

"Bitcoin allows for anonymous deposits and withdraws in a near instant fashion, making bitcoin gambling virtually anonymous"

IMo, this is what makes bitcoin casino blooming so fast as the transaction is fast, anonymous so you don't need to enter details like cc's name, security code and so


That is why gambling is booming because people like it that way to be anonymous and they don't want to be known when they actually play gambling and I think people wants to keep it from them selves.

Yes this is true however the governments are really starting to crack down on gamblers, look at what the USA regulations are doing.
legendary
Activity: 2240
Merit: 1069
April 11, 2016, 05:24:00 AM
Yes no doubt bitcoin is one of best option for gambling because it anonymous and very easy to get start there just in a seconds.
And thats why more and more sites have started to accept bitcoins, because ask any gambler what he wants apart from more coverage of sports and odds, he will say I want my withdraw fast and without any questions.

You do not need to log in or have an account to start betting. Just open the gambling website and deposit some coins and you are good to go. The same is true when withdrawing your money. This accommodation of bitcoin in processing payments and deposits on online gambling sites are the biggest plus to gamblers.
hero member
Activity: 980
Merit: 500
April 11, 2016, 04:44:01 AM
Gotta agree with this

"Bitcoin allows for anonymous deposits and withdraws in a near instant fashion, making bitcoin gambling virtually anonymous"

IMo, this is what makes bitcoin casino blooming so fast as the transaction is fast, anonymous so you don't need to enter details like cc's name, security code and so


That is why gambling is booming because people like it that way to be anonymous and they don't want to be known when they actually play gambling and I think people wants to keep it from them selves.
hero member
Activity: 1568
Merit: 511
April 10, 2016, 01:24:51 AM
Gotta agree with this

"Bitcoin allows for anonymous deposits and withdraws in a near instant fashion, making bitcoin gambling virtually anonymous"

IMo, this is what makes bitcoin casino blooming so fast as the transaction is fast, anonymous so you don't need to enter details like cc's name, security code and so
sr. member
Activity: 294
Merit: 250
April 10, 2016, 01:05:35 AM
Aaand gambling gets banned in some countries because of this article.

Gambling is exploding. There's no doubt about it. The only problem is the availability of bitcoin. If it was easier to purchase, bitcoin gambling would truly take off and bump the bitcoin price up.
are you sure?
let see dude  Cool
hero member
Activity: 560
Merit: 500
April 09, 2016, 08:40:25 PM
Well its good for bitcoin have and be present at the gambling business,as i said porn and gambling are the main places where bitcoiners spend their coins ,or invest,soo this were already expected to be like that,here i believe there are over 10 signatures from houses of gambling,soo nothing new.Bitcoin can bring the others fiat gamblers into the game .
legendary
Activity: 1456
Merit: 1005
April 09, 2016, 07:14:16 PM
Yes bitcoin has made gambling more anonymous and interesting. You can gamble sitting next to your friend and he does not even has a clue of it. Moreover with bitcoins no one can know from where the money came actually which makes it best.

Yes, bitcoins made gamblers life easy because very difficult to trace the transactions but because of same reason bitcoins may not grow much. Reason most of the common people thinks that bitcoins are using only for gray transactions and for gambling purpose so they don't want to enter into it. Anyway bitcoins really make gambler life very easy.
legendary
Activity: 1610
Merit: 1183
April 09, 2016, 10:57:29 AM
Yes no doubt bitcoin is one of best option for gambling because it anonymous and very easy to get start there just in a seconds.
And thats why more and more sites have started to accept bitcoins, because ask any gambler what he wants apart from more coverage of sports and odds, he will say I want my withdraw fast and without any questions.

That is right that everyone wants fast withdrawal and deposit, other currencies like USD have this kind of site so I dont think that is only reason why they want to gambling using bitcoin to gambling. The real reason is because you will be anonymous in bitcoin thats why most of them will use bitcoin especially for for them who have a strict gambling rule in their country

Yeah most people will enjoy the increased privacy. With gambling you don't need anyone's permission, there are no restrictions to any country or nationality or age or anything, anyone can do whatever they want with their money, including gambling as much as you want. Finally some financial freedom will be possible. There is an huge market for Bitcoin that government issued currencies will never be able to fill.
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