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Topic: Can the online Casino industry help Bitcoin? - page 4. (Read 750 times)

sr. member
Activity: 560
Merit: 260
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.   
hero member
Activity: 729
Merit: 502
I don't know if it can help Bitcoin somehow, but they needed in cryptocurrency world. At least because there is fiat money casinos.
member
Activity: 350
Merit: 10
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.

Let's assume casino players start to use Bitcoin to play online casino, then that would be good for the Bitcoin industry. Why? Because it would create a vast demand on bitcoin's to be used. It would also make Bitcoin price go high with the supply and demand law.
hero member
Activity: 994
Merit: 544
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.

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.
sr. member
Activity: 518
Merit: 250
Presale is live!
Yes of course. The online casino industry is a huge one with a lot of customers and with adoption from online casinos more people will adopt bitcoin inorder to play, this increases demand for bitcoin which we know is the driving force when it comes to the price of bitcoins really. A lot of people like the idea of being able to play at the casino using bitcoins. It's easier and you don't have anyone tracking your money to see where it all goes.
full member
Activity: 266
Merit: 100
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.
jr. member
Activity: 446
Merit: 5
Gamble Responsibly
What a good idea to provide BTC payments in online casino. It might be very practical. Thereby all online gamblers will become investors into crypto.

Yes,  agree to 100% 
member
Activity: 378
Merit: 35
What a good idea to provide BTC payments in online casino. It might be very practical. Thereby all online gamblers will become investors into crypto.
sr. member
Activity: 546
Merit: 261
Of course,with gambling using bitcoin,it will surely spread within the gambler and popularize bitcoin.As the big gambler took part using bitcoin,it will influence the other gambler to use bitcoin too.It will encourage other people to make gambling site and investor who see the opportunity will take part too,it help bitcoin too spread to many other community.
newbie
Activity: 28
Merit: 0
дa кaзинo индycтpия пoмoглa биткoинy.
full member
Activity: 546
Merit: 100
Ya i think casino is one of biggest contributor in crypto industry because there are a lot of casino or gambling project running in crypto and there are all had great profit
full member
Activity: 518
Merit: 100
Unambiguously such approach will increase popularity of casino. And about bitcoin, I don't think that the casino will strongly increase his popularity though such conclusions probably should be drawn later time.
jr. member
Activity: 446
Merit: 5
Gamble Responsibly
It could surely give a little push on bitcoin marketcap but it wont be that significant because in my opinion people in casino put their money in and out and they don't put money in bitcoin to invest but rather to use in gambling.

Yes, they do, but i actually talked to some players that recently started to use Bitcoin on Casino, and they told me this.

- The great thing about bitcoin is that my "winnings" could possible be much higher if i cash out my winnings and sit on them for a while.

This is how gamblers think:) If they actually have they discipline to not touch their winnings, well that another story Smiley
jr. member
Activity: 126
Merit: 4
It could surely give a little push on bitcoin marketcap but it wont be that significant because in my opinion people in casino put their money in and out and they don't put money in bitcoin to invest but rather to use in gambling.
member
Activity: 121
Merit: 13
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, it can, gambling has become popular long time ago and Bitcoin gambling is only the commercial for the Bitcoin as a crypto. Many new users have even discovered the Bitcoin due to the gambling sites which are supporting the Bitcoin. I am personally not so big gambler but I am supporting the gamblers. They had done the great things in terms of the advertisement for the Bitcoin community.
hero member
Activity: 882
Merit: 500
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.
Not only gambling but many ways are available to increase the demand of the bitcoin and making the market of the bitcoin up .
The first thing that I know better is that casino in online market is getting up more speeder then what was the growth in the old times because with the Fiat system it was not much easy to make gambling Because all the payments were traceable and was not better ( illegal totally) but after the implementation of the bitcoin in this industry made the online gambling a perfect thing , Because with bitcoin gambling in casino there was no limits and no restrictions to move our money and also there is no need to pay tax Because that is fully anonymous and no one can exactly can understand that how and from where we made and is there any connection of this btc money from any casino Wink
So all over bitcoin market is really growing with the help of involvement of bitcoin in online Gambling casinos works .
hero member
Activity: 1372
Merit: 503
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.

Greatly, the online casino industry runs virtually and what better way to fund it or to use as currency but the very digital currency that everyone is raving about good or bad. That I think is one of the best ways it can be i tegrated, of major corporataions and investors can see what good and how good bitcoin is to the inline casino industry then I assure and bet everyone that they would also try to look for ways on how to integrate it themselves and how to put bitcoin to good use
member
Activity: 452
Merit: 13
HODL
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.

Hi there NewCryptocasinos, you got a lot of experience in this area. I think if those online casinos did not grab the opportunity to grow by adopting cryptocurrencies, they could be left behind and remain in a constant income. I see there are bunch of people preferred to do gambling using crypto rather than entering their beloved master card numbers in a gambling site. This is also beneficial to the people to gain awareness about bitcoin and the whole cryptocurrencies.

sr. member
Activity: 386
Merit: 266
Personally, I really don't see what a Bitcoin casino will help spread the word of Bitcoin. I mean what is the difference between crypto casinos and fiat casinos. Cryptocurrency gambling doesn't give you any benefit, when compared to fiat gambling. If there is no benefit logic says there is no point in change. So then tell me, why would anyone change to cryptocurrency gambling like Bitcoin?
newbie
Activity: 76
Merit: 0
Since last year, there have been more and more gambling platforms and various forms of blockchain in the blockchain. However, there seem to be only a few successful ones. The more types and the more specialized ones, the more popular the programs are. Hope gambling projects can drive the development of bitcoin.
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