Corona virus (COVID19) Effect in Cryptocurrency Gambling - page 2.

BitcoinsGreat

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Quote from: Negotiation on May 16, 2020, 12:26:01 AM

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.

ethereumhunter

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Quote from: bitcoin31 on May 14, 2020, 09:08:53 AM

Quote from: MCobian on May 14, 2020, 12:57:49 AM

Corona virus does not really have an effect on gambling cryptocurrency. Although almost all activities stop including work, sports,
trade and worship. But gambling cryptocurrency does not stop like other activities, because gambling cryptocurrency is done
on line. So only need internet connection can be done at home, even according to a survey that I read cryptocurrency gambling
in this pandemic corona situation is increasing in the number of users.

They have effects also how about sports betting how they starts bet if we don't have any sports activities because it's all cancelled.
But the onlin gambling crypto does not affect in bad ways because they have some people who play more because of the lockdown to their country and they discover the online gambling for sure for those player of the traditional.

If the situations are like now, I think it is better to stop the sports activities event for a while until the situations are under control. Yes, the online crypto gambling does not affect because the crypto gambling is available on the internet so people can still play crypto gambling games from their home while they still stay at home. The crypto gambling games can attract more people to moving from traditional gambling into online gambling.

YOSHIE

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The effects of the covid-19 outbreak did not only occur in sports gambling, almost all gambling sectors experienced extraordinary effects, Since this epidemic has destroyed various countries, the tax revenue from the gambling industry has dropped, the economy has collapsed, for now the biggest tax revenue from casinos has been lost.

In my country, the casino industry's gross revenue has fallen sharply by 50% since entering 2020, especially in soccer sports gambling, which has a profound effect on economic growth, in the field of gambling.

However, it is not impossible for gambling companies that are now turning to the virtual world, online sports betting gambling sites that take over the profession and offer virtual matches such as: bigo, virtual casino and also poker.
This is done to deal with existing sports gambling addicts.

onrise

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Quote from: Negotiation on May 16, 2020, 12:26:01 AM

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Their is no guarantee in gambling that you will end up making profits. So be careful and do not make this as a income source because in the end you will know that you had spent too much money and lost it and may even get addicted to it and it will have another serious issues to you. So play for enjoyment and to entertain yourself.

Vishnu.Reang

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Quote from: Negotiation on May 16, 2020, 12:26:01 AM

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Markets are down by 25% or so, tens of millions have become unemployed. After all this, do you really think that the pandemic will have no impact on the gambling sector? If people are having less money available to spend, they are going to scale down on "luxuries". You can'r expect people to spend money on gambling, if they are facing difficulty in making payments for utility bills.

Negotiation

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I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

bitcoin31

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Quote from: MCobian on May 14, 2020, 12:57:49 AM

Corona virus does not really have an effect on gambling cryptocurrency. Although almost all activities stop including work, sports,
trade and worship. But gambling cryptocurrency does not stop like other activities, because gambling cryptocurrency is done
on line. So only need internet connection can be done at home, even according to a survey that I read cryptocurrency gambling
in this pandemic corona situation is increasing in the number of users.

They have effects also how about sports betting how they starts bet if we don't have any sports activities because it's all cancelled.
But the onlin gambling crypto does not affect in bad ways because they have some people who play more because of the lockdown to their country and they discover the online gambling for sure for those player of the traditional.

Kong Hey Pakboy

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Quote from: MCobian on May 14, 2020, 12:57:49 AM

Corona virus does not really have an effect on gambling cryptocurrency. Although almost all activities stop including work, sports,
trade and worship. But gambling cryptocurrency does not stop like other activities, because gambling cryptocurrency is done
on line. So only need internet connection can be done at home, even according to a survey that I read cryptocurrency gambling
in this pandemic corona situation is increasing in the number of users.

I think the pandemic of corona virus or COVID-19 has an effect of cryptocurrency gambling because as you have said a lot of crypto casinos have increased the number of their users because people have a lot of free time for them to play gambling in crypto casinos since they don't temporarily don't have jobs.

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Quote from: milewilda on March 23, 2020, 04:59:19 PM

Quote from: Swordsoffreedom on March 23, 2020, 03:09:33 PM

The whole world has stopped in a sudden, Everyone is in uncertainty, In my country, we are locked down for the last one month the foods that was stored is almost over still do not know where the end Now the only trend of all is to keep the money for imminent danger. Everyone is in a lot of fear, no one has the mindset to gamble.

Same goes in my countries situation where everyone is on fear and it is understandable that gambling activity is sure on pause somewhat here on my side.
I wont be surprised if it do happen on any part of the globe not only on gambling industry but also in other sectors as well.

Remember that OP is asking about the effect of COVID19 in "CryptoCurrency Gambling" and not Physical gambling so how can people fear about virus if you only plays in your House?how can you be affected?

I believe that People must play online for now and in this case will bring positive effect in Crypto gambling because the players and crypto that may use will increase and will circulates Good .

MCobian

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Corona virus does not really have an effect on gambling cryptocurrency. Although almost all activities stop including work, sports,
trade and worship. But gambling cryptocurrency does not stop like other activities, because gambling cryptocurrency is done
on line. So only need internet connection can be done at home, even according to a survey that I read cryptocurrency gambling
in this pandemic corona situation is increasing in the number of users.

verita1

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The Coronavirus is causing land businesses to move online. Some have already decided to do it permanently like Twitter.
https://twitter.com/carlquintanilla/status/1260244906905415681?s=20

Regarding Cryptocurrency gambling, the conditions are in place to grow this niche. But humanity is more eager to stay safe from the coronavirus, we are also a minor crypto community.
The disease is certainly serious as some people have had severe complications.
Guys, take care.

panganib999

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Quote from: GreatArkansas on March 18, 2020, 07:02:32 PM

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.

All sports events that is scheduled are all postponed and cancelled because of this pandemic which brought lockdown being implemented by the government to at least ease or lessen the spread of virus and control the number of cases that is needed to have an immediate medical care attention. With this happenings, we can expect people to stay indoors so traditional gambling which is attending on a casino and sports hall will not be seen for quite some time right now. By this, people who do really want to still continue playing gambling will surely get into engaging in online gambling sites or casinos to still experience playing while staying at home in a convenient manner. Since people are afraid to get outside, and no casinos or sports hall are allowed to operate, then people will be massively get to online gambling (that can be crypto based) themselves which will be another way to kill boredom because of the lockdown.

$crypto$

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Quote from: michellee on March 24, 2020, 09:26:35 PM

That is right. With so many recommended crypto gambling websites which we already know, that can be the way for us to kill boredom while we stay at homes. We can play gambling anytime we want, but we should remember that we don't have to play gambling every day, and we should know that playing gambling is not our prioritize now. We should never forget that our safety is the most important thing right now. I am sure we can attract more fiat gamblers to come and join with the crypto gambling website.

Being at home will certainly feel more bored because there are no other activities that are allowed outside and therefore one of our entertainment is currently only gambling online with crypto, of course now many platforms that have sprung up offering various online gambling that has been provided even many people want to try it, but I still only a few old gambling sites that became a recommendation for me during play.

Do not overdo it on gambling because this is not everything we have at home but we must be able to control the gambling we also need to live healthy with what we want.

michellee

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Quote from: Sanitough on March 24, 2020, 02:55:39 AM

Quote from: michellee on March 24, 2020, 02:51:19 AM

Quote from: sweetbet on March 23, 2020, 06:34:22 PM

Online gambling, whether the player uses credit card or crypto is definitely the safest way to gamble in this present time. No way I'm going to a land casino during this pandemic.

Yes, you are right. Fortunately, we gather in the crypto world so we can find the crypto gambling site, which will be the way for us to playing gambling. We can prevent fro the pandemic because we are staying at our homes, and we don't go out to the land casino. I don't want to go to those places too because that can be dangerous. And besides that, the places have been shut down temporarily because of this pandemic.

In fact we can enjoy on a daily basis if we choose to, with the big number of casinos in the crypto space, surely we will not get bored while we are under quarantine at our respective home. As for me, I am not using credit cared in gambling, I prefer crypto as it's easier and cheaper to transact, hopefully we will attract fiat online gamblers to try the crypto casinos platform.

That is right. With so many recommended crypto gambling websites which we already know, that can be the way for us to kill boredom while we stay at homes. We can play gambling anytime we want, but we should remember that we don't have to play gambling every day, and we should know that playing gambling is not our prioritize now. We should never forget that our safety is the most important thing right now. I am sure we can attract more fiat gamblers to come and join with the crypto gambling website.

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Quote from: Vishnu.Reang on March 24, 2020, 01:06:24 PM

Quote from: criza on March 24, 2020, 03:35:56 AM

Even though it is possible for gamblers to turn into online gambling because of the outbreak, I wouldn't think that gambling sites would be flooded by a lot of gamblers because, not all can afford to still play even if they are no longer capable to work because of the quarantine. I think that, a lot of gamblers would be focusing more on their resposibilities and needs in their house because, it is still unsure on when will the outbreak ends.

Well.. the stock markets have gone down by almost 40% during the past two months. We are going through the first economic recession since 2008. Within a month or so, many companies (mostly airlines, hotels.etc) may go bankrupt and we may see millions losing their full-time jobs. Under such circumstances I can foresee a revenue dip for the online gambling sites, along with all other legitimate business.

aw that sucks man . this is also the reason why cryptos are also affected too but good thing that online workers and forum workers here still have thier jobs and only/because they are being paid by cryptos .

cryptos can just be earned without cash or working outside and owners can just mine it so that they can pay to thier workers . only non crypto workers and offline workers are being affected the most , this is still a loss to a gambling site because those people cant play now .

Vishnu.Reang

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Quote from: criza on March 24, 2020, 03:35:56 AM

Even though it is possible for gamblers to turn into online gambling because of the outbreak, I wouldn't think that gambling sites would be flooded by a lot of gamblers because, not all can afford to still play even if they are no longer capable to work because of the quarantine. I think that, a lot of gamblers would be focusing more on their resposibilities and needs in their house because, it is still unsure on when will the outbreak ends.

Well.. the stock markets have gone down by almost 40% during the past two months. We are going through the first economic recession since 2008. Within a month or so, many companies (mostly airlines, hotels.etc) may go bankrupt and we may see millions losing their full-time jobs. Under such circumstances I can foresee a revenue dip for the online gambling sites, along with all other legitimate business.

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Quote from: milewilda on March 23, 2020, 04:59:19 PM

Quote from: Swordsoffreedom on March 23, 2020, 03:09:33 PM

The whole world has stopped in a sudden, Everyone is in uncertainty, In my country, we are locked down for the last one month the foods that was stored is almost over still do not know where the end Now the only trend of all is to keep the money for imminent danger. Everyone is in a lot of fear, no one has the mindset to gamble.

Same goes in my countries situation where everyone is on fear and it is understandable that gambling activity is sure on pause somewhat here on my side.
I wont be surprised if it do happen on any part of the globe not only on gambling industry but also in other sectors as well.

Yes, every Govt and Private sectors are paused around a month in here. Though, my country is economically strong But if this continues, we will soon find ourselves in the throes of an economic downturn. In this situation everyone is spending as little as possible and saving money to handle with the situation.

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Quote from: GreatArkansas on March 18, 2020, 07:02:32 PM

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.

There is no doubt that it will have a huge impact on classic casinos, they will certainly feel the same or worse as the entire global economy. As for the sports industry, or actually stopping around 80% of sporting events in the world, it will definitely have a huge impact on bookmakers, both those operating on the ground and those online. The fact that a huge number of people are forced to stay home and get bored will make online casinos have a golden time. I think it will be a great time for online casinos and the porn industry.

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Even though it is possible for gamblers to turn into online gambling because of the outbreak, I wouldn't think that gambling sites would be flooded by a lot of gamblers because, not all can afford to still play even if they are no longer capable to work because of the quarantine. I think that, a lot of gamblers would be focusing more on their resposibilities and needs in their house because, it is still unsure on when will the outbreak ends.

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Quote from: pixie85 on March 23, 2020, 05:50:02 PM

Quote from: fullhdpixel on March 23, 2020, 04:04:03 AM

The corona virus outbreak and its consequence of lock-down and work-from-home will lead driving more traffic into online casinos. Already movie streaming services are reporting about congestion in their band with and I'm afraid that online casino also may experience the same kind of situation in coming days. At the same time we cannot underestimate the capability of long-running crypto gambling houses because they must be setting up enough servers to withstand against multi-fold of gamblers compared to what they are doing for years.

Anyhow, physical casinos must have been experiencing their tough time already. Only a complete cure for corona will open doors for them again. Some medical forecasting study indicates about survival of only one third of the world population but not sure what is going to happen. This is really time for praying to God to save all of us.

Of course online gambling will prosper at this time because many people have to stay at home. Some do because they are quaranteened and some do it of their own will because they fear infection.

People get bored when they have to stay at home. They play computer games, watch tv, get drunk and gamble. Crypto gambling won't be affected as much as fiat gambling because there's avery limited number of people who own cryptocurrencies.

Well, that is not a recommended way to spend one's time at home. I would be busy doing productive things, like, learning good/useful skills, helping others, farming (people who live in cities could try vertical farming in order to utilize small spaces.) etc
If you must play computer games, watch tv, drink and bet... watch good ones, play good games, drink healthy drinks, and bet moderately. Make sure what you do benefit you positively or in good ways.

Topic: Corona virus (COVID19) Effect in Cryptocurrency Gambling - page 2. (Read 774 times)