Can the online Casino industry help Bitcoin?

bgaf

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Quote from: NewCryptocasinos on March 02, 2018, 08:59:15 AM

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

The anonymity of bitcoin is the reason why people who are into online gambling prefer bitcoin. Can be a factor for the industry to grow because gamblers would use bitcoin rather than fiat because of the said reason.

kolinko

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If bitcoin is used in the online casino industry, I think it will grow. The amount of transactions in the online casino is quite a lot, so bitcoin will also be traded a lot. The bitcoin price will be raised and developed in the cryptocurrency market.

max1616

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Increasing use of bitcoin in online gambling sites is a positive thing..The gambling and betting sector is a huge market..Also privacy is important for the people there..Bitcoin is a nice alternative in this regard.

faultunfmuzzled8

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You got a point that has no serious put in it because casinos are also used by few, just the luxurious people who can afford it

startblouse8

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Are there online casinos too? What the hell everything online cant provide that excitement which is present in real casino

The Alchemlst

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Quote from: NewCryptocasinos on March 02, 2018, 08:59:15 AM

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

I think yes since gambling normally generates a huge amount of money which will more likely improves and provides a good volume and circulation of bitcoin market though i don't support gambling since it usually have a great negative impact on its players which may cause addiction that may affect again bitcoin's image for the public.

ejswift

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Quote from: NewCryptocasinos on March 02, 2018, 08:59:15 AM

So i have a serious question about Bitcoins...

First a little bit of my self, I work in the online casino industry since 5 years ago, and last year and the beggining of this year i have find out something incredible - The new ctrypto casinos.

Last month i counted 14 new Casinos that offer their players to play with Bitcoins, and hear it becomes popular among the players. faster payouts, potential higher winnings, and more games. If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?

Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.

yes i wih it cn be in the future and it will be awesome because yih cn pay bitcoin in any casino you want to

NewCryptocasinos

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Quote from: BelieveInBTC on April 18, 2018, 02:54:15 AM

Gambling industry will definitely take interest in Bitcoin once governments regulate it. Gambling is banned in some countries or heavily regulated. There are a lot of gamblers all around the world. The demand for this kind of service will be huge. The only b problem might be lack of knowledge about cryptocurrencies.

Exactly "The only b problem might be lack of knowledge about cryptocurrencies."

BelieveInBTC

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Gambling industry will definitely take interest in Bitcoin once governments regulate it. Gambling is banned in some countries or heavily regulated. There are a lot of gamblers all around the world. The demand for this kind of service will be huge. The only b problem might be lack of knowledge about cryptocurrencies.

NewCryptocasinos

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Quote from: UAE Seasider on April 18, 2018, 02:46:39 AM

I don't think it is having as much of an impact as you would like to think. I bought into one of these type of companies last year in their ICO and so far the results have been pretty underwhelming to say the least. I honestly believe people are spending way more with credit cards on gambling sites than with crypto and not sure if that will change.

Perhaps they spend more with credit cards, because you cant pay with Bitcoin everywhere yet:) just post another thread about the Bookmaker Pinnacle, they added Bitcoin for 6 weeks ago. I see a trend now, especially in Europe that more operators ( Casino and Sports ) starts to add Bitcoin as payment options.

When this companies starts to promote their Bitcoin bonuses to their players, I believe the gaming community will open their eyes for this cryptocurrency and start to invest and gamble with it.

UAE Seasider

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I don't think it is having as much of an impact as you would like to think. I bought into one of these type of companies last year in their ICO and so far the results have been pretty underwhelming to say the least. I honestly believe people are spending way more with credit cards on gambling sites than with crypto and not sure if that will change.

MrCrank

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Agree, many casinos connected to bitcoin node and accepted Bitcoin now.
Bitcoin is very popular currency of gamblers today.

DoublerHunter

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They can easily help bitcoin because they need that exposure by the online casino for bitcoin so their customers will get curious about bitcoin and think about using it to their casino then that will become the start for the huge change for bitcoin in terms of demand and that will continue and bitcoin and the online casinos will have a strong connection.

NewCryptocasinos

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Quote from: Riverviwa on April 17, 2018, 05:44:47 PM

You got a point that has no serious put in it because casinos are also used by few, just the luxurious people who can afford it

The online gaming market generated €34.6bn globally in 2015, and its increasing..

Riverviwa

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You got a point that has no serious put in it because casinos are also used by few, just the luxurious people who can afford it

Khupeha

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now bitcoin is associated with quite unpleasant topics like drug trafficking, arms trade and other shadow deals, and the structure of the casino can damage the already shaken reputation of bitcoin

xuan87

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I think yes, the popularity of Bitcoin casino is pretty high among the gamblers, it offered a perfect combination of anonymity and the ease for deposit and withdrawal, with many people used BTC for gambling, it will help to increase the transactions volume, therefore it will help Bitcoin price becomes better and increasing the popularity

Yakult

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For me yes. Casino is one of the best way to earn and at least let the currency circulate. Bitcoin can be considered gambling but in different way. Taking more risks is one of the best way to have it multiply. If Casino is not really good for bitcoin, then I think it will never be considered in the first place.

imstillthebest

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Quote from: quovadiz on April 13, 2018, 05:47:39 PM

Quote from: coinwizard_ on April 13, 2018, 04:39:09 PM

Every industry can help bitcoin if they start to use it. Casinos would be a great place to start but as bitcoin is a digital currency it is best served at the online casinos rather than vegas style

I think that bitcoin is helping the online casino, bitcoin enable the online casino to let people play gambling online using one and only currency without changing it into any other currency, They do not need to visit a casino and can even play gambling from their bed. I play gambling online using bitcoin which is really too much easy for me.

no its not. Bitcoin does not help the online casino because those casino are the ones who started to partner with bitcoin. bitcoin is just only a digital currency and it is not intended to help anyone nor any other business company. yet these online casino are quite helping bitcoin in order to become more popular and grow more. although i think this topic belongs to gambling discusion and not on bitcoin discussion because this is more of a gambling talk. @op youd better move this thread now.

quovadiz

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Quote from: coinwizard_ on April 13, 2018, 04:39:09 PM

Every industry can help bitcoin if they start to use it. Casinos would be a great place to start but as bitcoin is a digital currency it is best served at the online casinos rather than vegas style

I think that bitcoin is helping the online casino, bitcoin enable the online casino to let people play gambling online using one and only currency without changing it into any other currency, They do not need to visit a casino and can even play gambling from their bed. I play gambling online using bitcoin which is really too much easy for me.

Topic: Can the online Casino industry help Bitcoin? (Read 750 times)