Corona virus (COVID19) Effect in Cryptocurrency Gambling - page 3.

Fundamentals Of

sr. member

Activity: 2310

Merit: 366

Quote from: Sanitough on March 24, 2020, 03:55:39 AM

Quote from: michellee on March 24, 2020, 03:51:19 AM

Quote from: sweetbet on March 23, 2020, 07:34:22 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.

I have never used a credit for gambling, and never will. That would be a disaster for me to try using a credit for gambling. I might end up consuming its maximum credit limit if I always fail to recover my loss. Crypto is a nice choice already. I usually make a small deposit and play with it moderately until everything's drained. The good thing with crypto casinos is that most of them have faucets. If you are playing without planning to make money, faucet is already a nice source of gambling fund.

Sanitough

hero member

Activity: 2828

Merit: 673

Quote from: michellee on March 24, 2020, 03:51:19 AM

Quote from: sweetbet on March 23, 2020, 07:34:22 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.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: sweetbet on March 23, 2020, 07:34:22 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.

pakhitheboss

hero member

Activity: 2156

Merit: 803

Top Crypto Casino

This is the worst virus pandemic that has happened in this era and it has caused everything to be shutdown, postponed or cancelled. There is too much negativity around everything. I do not feel the mood to gamble anymore,.

The worst has happened to sports based betting with everything getting cancelled or postponed. Those event that have been postponed will eventually get cancelled if this virus is not contained.

So many people are dying and so many are still in denial mode. The world is in havoc.

Stay safe and stay indoor.

sweetbet

full member

Activity: 961

Merit: 110

SweetBet.com

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.

pixie85

hero member

Activity: 2170

Merit: 528

Quote from: fullhdpixel on March 23, 2020, 05:04:03 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.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Swordsoffreedom on March 23, 2020, 04:09:33 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.

Swordsoffreedom

legendary

Activity: 2800

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

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.

sana54210

legendary

Activity: 3178

Merit: 1128

There is a saying going around in whatsapp groups that I am not entirely sure about the correctness because you know how misleading whatsapp groups could become most of the time.

It says that even if you are fine after getting corona, after you survive your lungs have a permanent damage, it is not deadly nor it will not hurt your or anything but your breathing "may" change a bit, even if not change for regular days, if you are a person who likes to go for a run in the morning you will feel the difference. You think that is true? Because, if that is true that means players who got corona might have some troubles, think about the football players who run for 90 minutes per game, that might be really troublesome for them. I couldn't verify if that is true or not tho.

Heisenberg_Hunter

legendary

Activity: 1583

Merit: 1276

Heisenberg Design Services

Quote from: Google+ on March 20, 2020, 06:33:01 PM

but now the condition of coins in the exchange has begun to improve indeed sport gambling still cannot be fully used but with other gambling games we all can still get a lot of profit, at least these gamblers still leave a little balance to do gambling so that they still have the opportunity to make money even though the condition is not good.

There has been varying pump and dump trades not just in the crypto space but on the whole global markets. Recently we have seen a huge decline in AUD/USD markets and CAD/USD markets as well. Not just these, but many of the traditional fiat has fallen against USD. Similarly stocks sees record lows this week and all these panic situations has been linked to the worsening of the current COVID 19 situation in USA and all over the world. I don't see an end for this until people stop roaming all over the country. Many of the gamblers have moved on to care for their own selves and we are currently experiencing this forum as a ghostly town at times.

If some of the investors are safe out there and they have ample money to invest in these hard situations there are higher chances they might be having good returns in the upcoming days. If the gamblers tend to play the game and win, they should probably leave with those money and stay safer at this condition. Again, if you are safer this is the perfect time to buy the dips and have good returns.

fullhdpixel

hero member

Activity: 2828

Merit: 611

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.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Lakai01 on March 23, 2020, 02:18:36 AM

Quote from: chaser15 on March 22, 2020, 05:43:00 PM

That's what I think too, online gambling activity will increase but not entirely with crypto gambling.

Online gambling as a whole will see a massive spike but I am sure we will see only a very small - if any - increase in online crypto gambling due to corona.
Gamblers who played in classic offline casinos/gambling bars/... usually play with fiat money, because such casinos and bars dont accept cryptos. They will stick to the habits they have (size of the stack, amount of money wagered, ...), chances are very small that they will change the way how and where they play completely.

Maybe that people will search for the gambling site using fiat first, so when they found that site, they will try to play online gambling. But soon, if they want to search for the other website, they will see ads about crypto gambling, and that will make them curious and visit the crypto gambling site. I think that can lead them to register in the crypto gambling site, and if they found that the crypto gambling site doesn't require verification process like the traditional gambling site, they will like to stay in the crypto gambling site.

Viscore

hero member

Activity: 3038

Merit: 647

Quote from: chaser15 on March 22, 2020, 05:43:00 PM

Not all are a fan of crypto and we just think that everyone will go into crypto gambling because we are here in the crypto community.

For sure because the adoption of crypto is still very low compared to what we are expecting which is the global adoption.
We are quite bias here, we didn't look the big picture or the entire market, of course its billions of money being lose now that physical casinos have closed but that does not automatically means that all of them or major portion of them will gamble online using crypto.

n0ne

hero member

Activity: 2604

Merit: 548

Vave.com - Crypto Casino

The effect of COVID-19 is experienced over the global market. This way our gambling network with cryptocurrency acceptance isn't an exception. In my belief the gambling network grew high as well as marked increase in the users whenever there is high money flow. Now due to the pandemic virus the economy around the globe keeps shattering.

Majority of the countries experience drop in the economy. To retain the growth takes time, until then the gambling network will also experience market change similar to the external market.

Lakai01

legendary

Activity: 2296

Merit: 2721

Top Crypto Casino

Quote from: chaser15 on March 22, 2020, 05:43:00 PM

That's what I think too, online gambling activity will increase but not entirely with crypto gambling.

Online gambling as a whole will see a massive spike but I am sure we will see only a very small - if any - increase in online crypto gambling due to corona.
Gamblers who played in classic offline casinos/gambling bars/... usually play with fiat money, because such casinos and bars dont accept cryptos. They will stick to the habits they have (size of the stack, amount of money wagered, ...), chances are very small that they will change the way how and where they play completely.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: Chrystora123 on March 22, 2020, 12:05:13 PM

IMO.. only people who understand and believe in cryptocurrencies will gamble with cryptocurrencies. online gambling is sure to increase because of the boredom that occurs when people are unable to do normal activities or go to a traditional casino but an increase will occur in online casinos that offer deposits via credit card or fiat transfers (majority of people still do not understand about cryptocurrencies and even believe)..

That's what I think too, online gambling activity will increase but not entirely with crypto gambling.

Others are confused between online gambling and crypto gambling not knowing that there are lots of online casinos that accept fiat deposits through bank accounts, credit cards or other payment processors.

Not all are a fan of crypto and we just think that everyone will go into crypto gambling because we are here in the crypto community.

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

It is true that most people in this world are staying at their home or indoors but it doesn't mean they have to go towards gambling sites for their entertainment purpose and actually it is really not good at this kind of situation. People who are new to it might end up addicted easily because they have lot of time to spend.

I don't see any increase in gambling sites activities, maybe in a few days, we may witness gamblers across the world might invade gambling sites to satisfy their gambling needs.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: Chrystora123 on March 22, 2020, 12:05:13 PM

IMO.. only people who understand and believe in cryptocurrencies will gamble with cryptocurrencies. online gambling is sure to increase because of the boredom that occurs when people are unable to do normal activities or go to a traditional casino but an increase will occur in online casinos that offer deposits via credit card or fiat transfers (majority of people still do not understand about cryptocurrencies and even believe)..

Definitely there would be an effect in cryptocurrency gambling for those who believes indeed and aware on how to do gambling online. Even there is a global crisis happening there are still people has the urged to play online. Some thinks first the priority of buying the needs for the family and some focuses on entertainment and cannot resist on playing online gambling.

Vishnu.Reang

sr. member

Activity: 1974

Merit: 453

Quote from: aioc on March 22, 2020, 06:56:48 AM

Quote from: butcherme on March 22, 2020, 05:20:53 AM

Corono Virus has a huge effect specially on physical gambling casinos because here in my country they are implementing social distances.
However COVID19 only have minimum effect in online gambling specially because they are using cryptocurrency.

There are still casino gamblers that are not aware of the existence of Cryptocurrency based online casinos because they are concentrated on gambling physically that they are not aware of its existence, and the data could be higher but this time is the best opportunity to invite them to play online using Cryptocurrency.

Ambiance is a big thing for many of the gamblers. And in addition, they would like to show off. All these things won't be there, if they sit at home and gamble using cryptocurrency. I would disagree with you on one thing. I am pretty sure that most of the gamblers have a good idea about Bitcoin. Because it was extensively covered by the mainstream media in 2017. The question is only about the preference.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: butcherme on March 22, 2020, 05:20:53 AM

Corono Virus has a huge effect specially on physical gambling casinos because here in my country they are implementing social distances.
However COVID19 only have minimum effect in online gambling specially because they are using cryptocurrency.

True, offline gambling get the most impact since many people are in isolation where they are not allowed to do what they used to do in real life. Social distancing makes offline casinos has no gamblers who are able to come and gamble.
On the other hand, the effect for online gambling especially crypto gambling is not that huge. We do not know whether the number of wagered amount on crypto casinos is increased or decreased because of this pandemic.

Topic: Corona virus (COVID19) Effect in Cryptocurrency Gambling - page 3. (Read 725 times)