Topic: Crypto Gambling Weekly - page 5. (Read 869 times)

For Bitcoin, I don't think it's a great use case because the price of bitcoin now is too expensive for regular people who want to try to play on crypto gambling. Perhaps, it will be a great use case for an altcoin to play crypto gambling as many coins that are not too expensive compared to bitcoin. With the crypto gambling site, people will not have a problem playing gambling because they can visit crypto gambling easily, and as long as their country doesn't restrict access to the crypto gambling site, they can select the site that they want to play.

Gambling can be one of many ways for bitcoin to become adopted widely in all countries, but at this moment, not all people in all countries know about bitcoin. So we need to give time for that, but in the future, bitcoin will become larger than today.

I don't think so. The price is hugely increasing right now and it is still going strong which shows that investing or asset is the best use for bitcoin and other crypto currencies for now. Well, not just now but in the long run, for sure, it will be the reason why a lot of new investors would go to bitcion and not because they will be gambling.



That is true though but they should still be worried about the punishment they would be taking. You never know how will these officials would track you down especially for those countries that strictly implement laws against online betting and crypto currency mainly bitcoin. You can get away with VPNs and such but still, please be careful.



There are a lot of news and articles being written on goggle and some of them might get through but that would be amazing. While you're at it, you could add more articles or more news about bitcoin and crypto currencies so it could be a main go-to by some people interested in it.



It is already one of the main catalysts of bitcoin's adoption. Even in the past, gambling is one of the most popular reasons why a lot of people knew about bitcoin since most of us here are into gambling to start with. The fact that there is a poker sequence embed in its program calls a lot of attention to gamblers and users as well.

maybe he means that some offline gambling are banned on some countries but online gambling have less restriction because there are cases like that and that is possible with the help of cryptos and its decentralization aspect but theres also a crypto gambling that bans countries and if our country is included in the black list we can move on to the next site . bitcoin is the most popular crypto being accepted in online gambling and the more the online gambling being created the more adoption in btc we can get .

In some kind of course, you're right. But the use case about gambling is too far away from initial Bitcoin idea.


No. I think this is create negative associations. And it would be better for Bitcoin to be associated with something more "natural", like bying goods for it. 

That's why we cannot neglect the contributions of the crypto casinos that have been existing during those days and applause to those that are still operating up to this moment. They're one of the services that made bitcoin as a usable currency while many were still in doubt on those days, they just did their thing and accepted it and even made it just for it. They're still existing and also helping to keep the adoption while the institutions just came in, we've got another help from them.

Indeed, I do believe that this is really one of the biggest factor why bitcoin soars higher now. Adoption of bitcoin is more patronized by gamblers, because they could be able to spend money without any hassle. Unlike fiat cash, we need efforts to do gambling and yet it's not practical to gamble these days in real life casino. Mostly, online gambling is more in demand during the time of pandemic due to prevention of virus transmission.

Blockchain technology doesnt really only limit out on gambling industry but in other industries as well this is why when it comes to versatility then this tech is really top-notch.

Gambling market had soo much demand into this place where its obvious that lots of gambling sites now are popping out but only the best ones do survive and even some of them

are already old and had been trusted for how many years.It would be expected that this would continue as long this market do shows up progression.

yes, that's right. before, in the early days of crypto, gambling is one of the major markets of crypto. they are actually one of the earliest adopters of crypto. and up until now, a large population of crypto users are still into gambling app. but yes, crypto is now entering into financial industry as financial institutions are heavily investing their assets into crypto. which is the reason why we are seeing very good price movements in the market.

btw, with regards to weekly updates. this is nice! hopefully, you can sustain your enthusiasm to write every week. these updates may give a hint or two to some players here.

Yes, as bitcoin becomes more popular crypto gambling popularity increases as well. Gamblers are open to new playing alternatives and crypto currency seems to fit their preferences very well. Blockchain allows gamblers to play safely, anonymously (at the casinos at least) while being at any place in the world which offers internet connection.
The following article says crypto gambling traffic increased 3 times only in 2020: Cryptocurrency gambling traffic saw threefold increase in 2020, SoftSwiss shares

It is undeniable that before it was the gambling sector, the crypto casinos are one of the main reasons why the massive adoption is happening. But it's different this time and it's the institutions that are having the FOMO of buying bitcoin. As we look to the prices right now, it's one of the highest again, the $55k has been reached surprisingly and didn't expected to be that fast. The tweet of bitcasino purchasing Tesla, I hope that it will be granted by Elon Musk. That's going to be one of the best deals ever that we're going to see in the history if it happens.

Bitcoins is getting adopted more but I do not think that Gambling is the main reason. It is a very big contributor but the main reason: NO
The main reason I do think is the : Financial freedom that people are looking for.

Other than that I do think that there are laws in many places which bans people to even use things like sports book and other online casinos and due to KYC it's easy to track and therefore if you're reading this article and thinking about somehow jumping off from the governmental eye I would advise you to try and see what's the gambling law in your country and that too *in depth*.

I honestly think that sports book might be something good for a lot of people but for me I do try and skip the middle man whenever am playing because if you do have the choice then why not ? You won't have to pay extra commission too.

Institutional adoption was something that happened after Bitcoins were established!!!!

it already is(at least in my opinion). online casinos that used to not accept BTC has now started accepting it as a payment option and more online casinos more likely to follow as this implementation of casinos accepting bitcoin grows so is the exposure of bitcoin and cryptocurrency and will likely lead to more adoption. recently I read a thread on this board about bitcoin now being able to be used on slot machines with this progress it is most likely that adoption of bitcoin on physical casinos will also spread just like what happened on online casinos.

just curious, will you add more gambling sites that have sport betting on your sportsbook reviews? there are other gambling sites that are active in the forum that has a fair good reputation that isn't on your list you might want to check it out to increase your list.

Nah, the main catalyst now is institutional adoption! We are talking real money poured into the bitcoin market by most of the wealthiest conglomerates of the world. Yeah, maybe gambling is a small niche which started since crypto day 1 but I do not see it the main driver for a further widespread adoption. my two sats ate least.

Aside on just simply advertising out your link then when it comes to this question about crypto gambling then we can really compare on how it becomes big
until this very moment compared back into the past and basing or looking at on the current numbers of gambling sites are evident that this industry
does really have a demand and with those kind of characteristics or benefit on what crypto gambling could give which really sparks out interest even more.
It is true that we can play freely without being caught once we are restricted and there are no restrictions or whatsoever.

I agree that gambling is a very good use case for cryptocurrencies. However, with recent spikes in Bitcoin fees, it's also a challenge for them because who'd pay the same fees at the deposit or withdrawal amount?
As for avoiding punishments, I don't think that's what cryptos are for. And crypto casinos also often have their own restricted areas and stuff, so playing from a restricted jurisdiction is not a good idea.
As for your website, I think it's interesting info that you're sharing there, there were things I didn't hear about there.

I disagree a bit. Crypto and crypto gambling isn't a safe haven for people to gamble where gambling is illegal. It can actually make the experience worse if the country and government are anti-crypto, then it makes the situation more dangerous since it's like unregulated gambling which is a more serious concern. However, I have to agree that crypto has enabled most users to play games with ease and without much complications and made the gambling industry fun and hassle free!

Gambling is continuously growing today also this is the preferred game of the people having homesickness in the real world of gambling which is casinos this is their pastime. There are a lot of people today who know the use of cryptocurrency and some of them would like to adapt gambling with the use of it especially to our forum platforms that are promoting their features. Also to OP are you going to make a weekly update here or just have an update to the link above?.

for new people in crypto, the first impression of Bitcoin is just a coin for gambling. it's true that bitcoin and other altcoins had grown huge because of the casino that accepts them. there are however restrictions to all these. not all users can just gamble freely. in fact there are many bitcoin casinos today that require KYC and there are countries that are restricted too.

Gambling is growing more and more day by day so I think bitcoin will become a major role in all fields, especially in gambling, we know gambling with bitcoin can be said to be a large amount and this will make the development of bitcoin more and more used about gambling is one that is use becomes common in this time of pandemic some areas have laws in effect but under the auspices of all of them there must be a big advantage therefore there will be a bigger adoption especially in other cryptos.

Not really! Casinos and sportsbook restricts people where such gambling activities are restricted so if you are using IP address from banned countries you maybe able to deposit and place bet but you will stuck while withdrawal and to prove this lots of threads available on Bitcointalk itself.

You can bypass the restrictions by using VPN while you are still putting your money under risk so make sure user need to read their terms before the violation to avoid loss of money.