Topic: Can the online Casino industry help Bitcoin? - page 3. (Read 750 times)
I think online casinos are not much affected by Bitcoin because only a small amount of Bitcoin is circulated in online casinos, so more Bitcoins are still in the hands of some exchanges or whales, so it cannot affect Bitcoin. .
Casinos that are utilizing cryptocurrencies or the blockchain is somehow a sort of advertising for cryptos already. With the number of Casino or betting related ICOs today, we can't deny that they are helping spread the significance of blockchain not only in the betting industry but for all.
Yes, thats true, a lo of betting sites starts to add crypto also
I'm not sure they can popularize bitcoin. my opinion is that all users lose their money there
sure you cant expect to be rich of playing online casino, buy im pretty sure the new crypto casinos will help to spread the word about crypto currency
Casinos that are utilizing cryptocurrencies or the blockchain is somehow a sort of advertising for cryptos already. With the number of Casino or betting related ICOs today, we can't deny that they are helping spread the significance of blockchain not only in the betting industry but for all.
I'm not sure they can popularize bitcoin. my opinion is that all users lose their money there
Yes it can but the demand are not as great as state's demand.
Let's compare if bitcoin gambling site usually have 100.000 active player = 100.000 demand
If my government let say legalize bitcoin with 200.000.000 total population = 1.000.0000 demand
The analogy I made is state's demand are greater !
in my opinion very helpful because in this world many people who like gambling, with the casino industry that uses bitcoin so bitcoin buyers will be more so that the news about bitcoin will be widespread throughout the country.
I'm not sure they can popularize bitcoin. my opinion is that all users lose their money there
This is a debate and will continue because gambling is in a lot of countries accepted as a legal trade as well as illegal in many. So it may help as including BTC in gambling with changes in prices of BTC.
So this may help the price of bitcoin to grow up since casino is considered one of the marketplace for btc or any altcoins, and this establishment was designated to operate gambling activity which is accepted to most of the country.
Absolutely yes. Egames is more likely to use Bitcoins on their transactions. And someday online casino's will, it would be a great help in promoting bitcoin. And if that happen there will more online players use cryptocurrency on their transaction.
of course it can be very helpful considering the casino enthusiasts are very large and for example bitcoin to be a tool for betting in the casino, then it can really help bitcoin. in this case of course bitcoin demands will be more and more because those who want to bet in the casino must buy bitcoin first.
Yeah it would help to justify that bitcoin has many uses because Casino is also a big network that would surely extend the popularity of bitcoin, and good to see that people will using in different aspects of so that in these way bitcoin will be more precious. yes, now we just wait until the Casinos with an MGA licence to add Bitcoin as an payment option, then for sure we will see some interesting trading volumes in Bitcoins
It's all about mass adoption. The more users who use it, for whatever reason it is, is good for the true value of bitcoin. We need more people to actually use it instead of just buying and hoarding it.
Yes for sure, but at the moment i think it is the casino industry that will help out the most and i think the big casino boom will be when the online Casinos with an MGA License ( Malta Gaming Authority) starts to add Bitcoin as payment options. Then we will for sure see alot of European players start to buy Bitcoins
It's all about mass adoption. The more users who use it, for whatever reason it is, is good for the true value of bitcoin. We need more people to actually use it instead of just buying and hoarding it.
of course it can be very helpful considering the casino enthusiasts are very large and for example bitcoin to be a tool for betting in the casino, then it can really help bitcoin. in this case of course bitcoin demands will be more and more because those who want to bet in the casino must buy bitcoin first.
Yeah it would help to justify that bitcoin has many uses because Casino is also a big network that would surely extend the popularity of bitcoin, and good to see that people will using in different aspects of so that in these way bitcoin will be more precious.
well it is possible because a gambler will buy bitcoin to do gambling, and the price will roll 
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.
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 possibility could be because casino turnover is very fast money not only that in LA country is the biggest country where his playing casino if they all use blockchain technology will definitely add a lot and will increasingly make the price of bitcoin becomes expensive.
and what's casino help? to lose bitcoins? it's just one of the services how to spend bitcoins and no development I see
As i see it they are a really good promoter for Bitcoins, the players see that bitcoin is an payment option at their casino, gets interested and buy them.
Yes, it will certainly improve the visibility, and will replace the fraud, blockade will help the casino and all gambling, looks very good and promising
What will help is if more real world casinos accept bitcoins. It will help bypass the banks. Having issues with your bank? Then just convert instantly to bitcoins at your local casino. Play some games, win or lose, doesn't matter, and then go home with your cash easily converted to btc.
Yeah, The casino who is first out to solve that problem will have a nice turnover following months
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.
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.
If traditional casinos will start buying bitcoins and create online casino that would be great for bitcoin industry. The only websites that does not disappear are gambling sites. I have been working in an online bitcoin casino for a year already and compared to traditional casino, online casino are much more efficient since you can play even using a centavo worth of bitcoin. Traditional casino have a higher minimum bet so online bitcoin casino attracts more players than traditional casinos.
Okay by this survey you mean to say that more customers are being attracted when they are playing the online bitcoin casino. If thats the case then they are real good help for the bitcoin as people will need large supply of the bitcoin to get started. When they start buying more the market gets invested more and so on. Hm, seems to be good for the crypto currency but the thing is why we have not fired up more than casinos yet. Is it the fact that not much people trust it or is it just that people are loosing money to the casino and they are cashing out the bitcoin on larger scale thus making the bitcoin supply balanced again. I mean that could happen and thus they might not be helping the bitcoin community grow as we are thinking about it.
and what's casino help? to lose bitcoins? it's just one of the services how to spend bitcoins and no development I see
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