It is the opposite! online casino doesn't help bitcoin, Bitcoin is the one who helping casino industry!
As you can see, crypto casino is more faster in withdraw, it is helping casino players and make casino industry expand more.
Topic: Can the online Casino industry help Bitcoin? - page 5. (Read 737 times)
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.
Gambling online Casino could Help Bitcoin grows but not to the extent that users spend his one piece of Bitcoin just only for playing casinos. It just another way of promoting bitcoins through it, if that online casinos could players just easily win, then more people to play in and bitcoins are more sellable, it helps Bitcoin grows. Wnen players are buying Bitcoins as their investment then that could be much better in bitcoin market. It depends on how people adopt of using it.
We admit that many people in the world love online games. If bitcoin is used in online games it can help to better identify and use more. The bitcoin will be more demanded so its price will increase. I believe it's time for more online casinos to use bitcoin.
#Datarius
#Datarius
Since the gumbling is done through the use of internet, then why not use this medium also to exchange bills ?
And if that happens, it will surely make good impacts from the gamers and will be very much beneficial to both online Casino's and bitcoin industries.
And if that happens, it will surely make good impacts from the gamers and will be very much beneficial to both online Casino's and bitcoin industries.
If the traditional casino players start to buy bitcoins, i assume that is good for the Bitcoin market?
Yes! it will make the demand higher and can result to the price of bitcoin to become higher so that's why it will be good to 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 consider online crypto casino's as one of the market movers and is giving a lot of contribution to the increase of demand because traditional casino players loves on how most of the casino's are doing with bitcoin. It's no need for information and they can remain anonymous but some now are requiring KYC. full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
I highly doubt it, if anything I think it could have a negative effect on Bitcoin's growth. Because then it will be associated with gambling which is always associated negatively and grouped in with other bad behaviors. We don't need that grouping, certainly not now when governments are looking to regulate.
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 gamblers will buy on the spot base on the market and base from where are casino are buying then I think it will really help a little bit,we know there are alot of gamblers but not as many as bitcoin trader/hoarder of bitcoin on the market now.So it may help but not that bigFirst 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.
It will not help bitcoin at all if the casino not accept bitcoin for their transaction.
It will help bitcoin if they accept bitcoin as for payment transaction so it depend on the casino itself.
Ofcourse it will help,every institution that will use bitcoin for their business,in any form doesnt need to be in gambling only though this one has. Big accommodations of bitcoin in their part,every single cents that has been converted to bitcoin is a big help,though it reverses if uses the other way around..and theres nothing new about this because we have our own casino here in crypto community and it does having circulated with lots of bitcoins
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 online casino that accept bitcoin are very much active for the past four years and now we have some good casinos and sports betting sites in the cryptocurrency market and sure there are many people coming into this platform simply because there is a restriction to play with fiat based currency in their country and sure it will market bitcoin without a doubt and it is a big industry now. Do you think that the online casino industry can help bitcoins to rise more among the mainstream audience? Please come with feedback.
One reason why people chasing bitcoin because the technology behind it is imortant that's why the industry of Casino would grow so much more on its current price.
You should consider moving this thread to the gambling Section, I am very sure there will be lots of opinions to input in this from there. Well, back to the topic; in some ways casinos may not be helping bitcoins to grow because most people don't hold their coins but gamble it away in casinos, I know this because I am a gambler. Though, this is in no way the fault of the casinos owners because gamblers should learn to control themselves too. Though, in some other way, some new gamblers whom don't know bitcoin might know about them through online casinos.
yes i think the online casino will help bitcoin to grow because we all know how much the profits are in the casinos so if they use bitcoin then the price will go to the moon.
Yes surely online casino's will help bitcoin to grow its value more. Because the more people get into crypto currency the more it will become established. And for gamblers bitcoin/crypto currency is a winne.
They can use bitcoin without any trace
They can use bitcoin without any trace
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.
Casino that uses bitcoin helps the demand rises due to daily usage of bitcoin. Online casino is a big contributor for the success of bitcoin in the community. Though only the rich can afford to invest and play in online casino, the lower bracket of the society will hope for it to flurish and make tge price of bitcoin rise higher.
I couldn't agree with you the more, anything that helps to spend bitcoins in a way is either contributing to the demand or supply of bitcoin and as such indirectly regulating its value and prices on the market and so since many casinos have found themselves accepting bitcoin it is going to steadily grow its value and help newbies hear and know about bitcoin on a daily basis and its good for our investments.
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.
Yes greatly. A lot of the fear surrounding bitcoin is that it might not be viable for any investments or business that are already up. And if an online casino would integrate it, it would surely further the cause of bitcoin being viable and that a lot of users are in it and it can show other investors and business owners how effective business woth bycoin can be and how it can increase their sales or how many people would be joining just by them being able to accept bitcoin as payment and as such it can cause a rippling effect for the people there involved
I do hope it helps, but on the other side it seems the online casino will soon start to create their own coin that could be another child coin of bitcoin and soon once concrete enough and use by many will be start to be listed in trading firms and eventually be mark as another bitcoin opponent. If the existing online casino will just accept bitcoin, it could definitely help bitcoin and its community, but if the stated situation will be done, it can help in some other ways, like attracting people to use crypto.
True, some casinos like Breakout Casino already develop their own coins like you said, and others like Bitstars seems more interested to add more currencies.
we will see, but i truly believe that we will see an increase of "crypto casino players" this year.
I think in the long term wise bitcoin will be quite beneficial to the online casino as the owner of the wallets of bitcoin is annoymous, most of the people i know got into bitcoin due to the "annoymous profile" and the speed of transfering and charges will be minimal to the parties involve.
I personally think that it does help the bitcoin industry.
Based on my own experience, gambling does attract people. Especially the rich ones, greedy ones and those who think betting could get them out of poverty.
Some are just in gambling for fun. And I think leisure activities are what people are finding nowadays.
With casinos using bitcoin, they will be more interested. More convenient and there is a possibility that their profits may increase.
Based on my own experience, gambling does attract people. Especially the rich ones, greedy ones and those who think betting could get them out of poverty.
Some are just in gambling for fun. And I think leisure activities are what people are finding nowadays.
With casinos using bitcoin, they will be more interested. More convenient and there is a possibility that their profits may increase.
I do hope it helps, but on the other side it seems the online casino will soon start to create their own coin that could be another child coin of bitcoin and soon once concrete enough and use by many will be start to be listed in trading firms and eventually be mark as another bitcoin opponent. If the existing online casino will just accept bitcoin, it could definitely help bitcoin and its community, but if the stated situation will be done, it can help in some other ways, like attracting people to use crypto.
I dont think that casinos can help the to get a better image for cryptocurrencies. Cryptocurrencies and Bitcoin has a very bad image thanks to the mainstream media. So casinos also have a bad image. If the online casino now supportings cryptocurrencies, it wouldnt helpt bitcoin to get a better image. Of course online casinos are a huge market, and if they go on for cryptocurrencies, it would help to make it more popular, but the image wouldnt be better.
I agree to some point, but i also notice a different among the casino players, before players didn't want to speak loud about them plan online, but last year i see ( especially in Europe ) players actually start to brag about winnings, and some of the new casinos have famous ambassadors to promote the casinos. and the legalization that happens now in a lot of European countries will probably help the casinos to get a more trustworthy picture. Players look for fast payouts, bigger winnings, great offers, and the new crypto casinos offer all of this.
I think the gambler/players will look as it like this
Cryptoplayer
Player 1 deposit 0,5 btc and win 1 BTC
This player believes, that his winning can be worth so much more in 3-5 months if he cash out
Traditional Casino player
Player 2 deposit 5k and win 10k USD
This player know that he winning will not increase in value.
Jump to: