Topic: Did the use of online gambling increase with crypto moneys? - page 6. (Read 22786 times)

Quote from: romero121 on January 19, 2019, 11:22:49 AM

Gambling is a big industry contributing to a large scale circulation of cryptocurrency. Many people began to gamble as cryptocurrency provides them with the anonymity, which more people expect while participating into gambling activities. Till the date of bitcoin into the world fiat and offline gambling houses were very popular. Now things have changed with cryptocurrency ruling the gambling industry.

So the point is online gambling is increasingly in demand because many players have found out how to play safely and anonymously which is using bitcoin. I was also surprised how my friends could know play gambling more often because they already know about crypto

Play safely and anonymously is the reason for any players to play gambling especially if they live in a country which not allow gambling and make gambling as illegal. With the crypto money, they can play gambling, and they can use VPN to stay under the radar without anyone knows unless if the ISP can track the record and send the record to the government. In the future, when crypto has been known in all countries, online gambling will grow fast than now because people can play with easy and they can play in everywhere.

Aside from being anonymous while playing gambling is that it save them from the hassle of going outside. Imagine how convenient it is when your casino is just next to your bedroom? They either want to use VPN if they have a problem with the law in their own country. That's why there is a wide growing of gambling online.

You got the point. I like to play gambling in my room while I can do many things than just playing gambling. With so many gambling online using crypto, it will make the gambling online growing up in the future because they can play anonymously. I am sure that there will be many new gamblers who play gambling online in their room or even in the public area, but no one will know what they do.

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Quote from: livingfree on January 28, 2019, 06:01:27 AM

I guess you you want to know if the increase in cryptocurrencies also resulted in the increase in online gambling.

It's the opposite, the increase of online gambling has helped the usage of cryptocurrency increase within a very short period of time. The demand increased when early casino's accepted and adopted bitcoin.

Yes and no. Yes because there is a significant increase in the use of cryptocurrency for online gambling and no because it didn't disturb the use of fiat for gambling very much

The impact for the disturbance of fiat usage can't be seen for now as there's still a lot of gamblers who stay with physical casino's. But the number of online crypto gamblers has increased as well and the impact for both is significant.

You have said the truth. I could understand that in my country about 99% of the gamblers gamble offline. I think we cannot judge the impact of online gambling in gambling industry but I strongly believe that in some years to come we should be able to see that.

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I guess you you want to know if the increase in cryptocurrencies also resulted in the increase in online gambling.

It's the opposite, the increase of online gambling has helped the usage of cryptocurrency increase within a very short period of time. The demand increased when early casino's accepted and adopted bitcoin.

Quote from: PeRo on January 27, 2019, 03:58:08 PM

Yes and no. Yes because there is a significant increase in the use of cryptocurrency for online gambling and no because it didn't disturb the use of fiat for gambling very much

The impact for the disturbance of fiat usage can't be seen for now as there's still a lot of gamblers who stay with physical casino's. But the number of online crypto gamblers has increased as well and the impact for both is significant.

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I think online gambling increased drastically when Bitcoin was made and adopted to online casinos. Many people don't want to bet their money from cards because they hold Bitcoin as secondary money for unnecessary stuff so Bitcoin is used almost as much as fiat on online gambling sites. That's great both for Bitcoins publicity and for online gambling.

Not exactly people do gambling with the used of cryptocurrency, yes they gambled through online games but it somehow they used fiat than of cryptos.
I know not all of us have been involve into this new form of currency, though they are aware about this but they are still on the doubts.
These means that, online gambling isn't the way to increase the numbers of crypto but could be some purpose of uplifting it's value.

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Quote from: Oilacris on January 27, 2019, 12:18:17 PM

Quote from: maydna on January 23, 2019, 11:47:36 PM

Quote from: romero121 on January 19, 2019, 11:22:49 AM

Gambling is a big industry contributing to a large scale circulation of cryptocurrency. Many people began to gamble as cryptocurrency provides them with the anonymity, which more people expect while participating into gambling activities. Till the date of bitcoin into the world fiat and offline gambling houses were very popular. Now things have changed with cryptocurrency ruling the gambling industry.

So the point is online gambling is increasingly in demand because many players have found out how to play safely and anonymously which is using bitcoin. I was also surprised how my friends could know play gambling more often because they already know about crypto

Play safely and anonymously is the reason for any players to play gambling especially if they live in a country which not allow gambling and make gambling as illegal. With the crypto money, they can play gambling, and they can use VPN to stay under the radar without anyone knows unless if the ISP can track the record and send the record to the government. In the future, when crypto has been known in all countries, online gambling will grow fast than now because people can play with easy and they can play in everywhere.

Aside from being anonymous while playing gambling is that it save them from the hassle of going outside. Imagine how convenient it is when your casino is just next to your bedroom? They either want to use VPN if they have a problem with the law in their own country. That's why there is a wide growing of gambling online.

Agreed, one more thing people had a thinking that bitcoin is an asset created specifically for gambling. This happened because bitcoin was used only for gambling and dark web needs in the early days. Things changed slowly when more and more people began to use it for good and for transaction services. As gambling reaches public easier, this industry is getting much widened now.

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I think online gambling increased drastically when Bitcoin was made and adopted to online casinos. Many people don't want to bet their money from cards because they hold Bitcoin as secondary money for unnecessary stuff so Bitcoin is used almost as much as fiat on online gambling sites. That's great both for Bitcoins publicity and for online gambling.

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I guess you you want to know if the increase in cryptocurrencies also resulted in the increase in online gambling. Yes and no. Yes because there is a significant increase in the use of cryptocurrency for online gambling and no because it didn't disturb the use of fiat for gambling very much

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Quote from: maydna on January 23, 2019, 11:47:36 PM

Quote from: romero121 on January 19, 2019, 11:22:49 AM

Gambling is a big industry contributing to a large scale circulation of cryptocurrency. Many people began to gamble as cryptocurrency provides them with the anonymity, which more people expect while participating into gambling activities. Till the date of bitcoin into the world fiat and offline gambling houses were very popular. Now things have changed with cryptocurrency ruling the gambling industry.

So the point is online gambling is increasingly in demand because many players have found out how to play safely and anonymously which is using bitcoin. I was also surprised how my friends could know play gambling more often because they already know about crypto

Play safely and anonymously is the reason for any players to play gambling especially if they live in a country which not allow gambling and make gambling as illegal. With the crypto money, they can play gambling, and they can use VPN to stay under the radar without anyone knows unless if the ISP can track the record and send the record to the government. In the future, when crypto has been known in all countries, online gambling will grow fast than now because people can play with easy and they can play in everywhere.

Aside from being anonymous while playing gambling is that it save them from the hassle of going outside. Imagine how convenient it is when your casino is just next to your bedroom? They either want to use VPN if they have a problem with the law in their own country. That's why there is a wide growing of gambling online.

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Quote from: semobo on January 23, 2019, 03:57:45 PM

Definitely yes more people started to gamble because of cryptocurrencies they want to be anonymous and look for convenient while gambling and the crypto gambling sites where giving all those things an anonymous gambler wants.

How far cryptocurrencies have fueled the gambling market is still needing studies to determine the proper statistical data. There is the bullish effect as you speak of but how far these are prevalent in the general propulation and whether they can be extrapolated to the population is still a mystery. After all the overall usage of crypto is also pretty low.

Quote

And moreover you can take all the winnings to your home no need to pay any taxes to the government for your balance if you are got it from crypto gambling sites.

You are wrong about this. Most countries have a taxation method of taxing the winning from any casino. Since casinos come under that type of trades group which are bound to get taxed. Evading it can end up in jail.

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Quote from: romero121 on January 19, 2019, 11:22:49 AM

Gambling is a big industry contributing to a large scale circulation of cryptocurrency. Many people began to gamble as cryptocurrency provides them with the anonymity, which more people expect while participating into gambling activities. Till the date of bitcoin into the world fiat and offline gambling houses were very popular. Now things have changed with cryptocurrency ruling the gambling industry.

So the point is online gambling is increasingly in demand because many players have found out how to play safely and anonymously which is using bitcoin. I was also surprised how my friends could know play gambling more often because they already know about crypto

Play safely and anonymously is the reason for any players to play gambling especially if they live in a country which not allow gambling and make gambling as illegal. With the crypto money, they can play gambling, and they can use VPN to stay under the radar without anyone knows unless if the ISP can track the record and send the record to the government. In the future, when crypto has been known in all countries, online gambling will grow fast than now because people can play with easy and they can play in everywhere.

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Quote from: Granxis on May 08, 2018, 05:39:02 PM

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

Definitely yes more people started to gamble because of cryptocurrencies they want to be anonymous and look for convenient while gambling and the crypto gambling sites where giving all those things an anonymous gambler wants. And moreover you can take all the winnings to your home no need to pay any taxes to the government for your balance if you are got it from crypto gambling sites.

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Quote from: romero121 on January 19, 2019, 11:22:49 AM

Gambling is a big industry contributing to a large scale circulation of cryptocurrency. Many people began to gamble as cryptocurrency provides them with the anonymity, which more people expect while participating into gambling activities. Till the date of bitcoin into the world fiat and offline gambling houses were very popular. Now things have changed with cryptocurrency ruling the gambling industry.

So the point is online gambling is increasingly in demand because many players have found out how to play safely and anonymously which is using bitcoin. I was also surprised how my friends could know play gambling more often because they already know about crypto

romero121

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Gambling is a big industry contributing to a large scale circulation of cryptocurrency. Many people began to gamble as cryptocurrency provides them with the anonymity, which more people expect while participating into gambling activities. Till the date of bitcoin into the world fiat and offline gambling houses were very popular. Now things have changed with cryptocurrency ruling the gambling industry.

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Quote from: playboy654 on January 16, 2019, 10:50:02 AM

Quote from: onrise on January 16, 2019, 11:34:49 AM

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.

The increase of users of cryptocurrency will definitely increase the gambling uses also because online is the most appropriate thing for all the people in nowadays so I definitely happened when you comes to one field it will attract the other friend also.

If they are closely connected, people when they find out about the new thing want to know more about it, so they also learn about gambling and chews that news that you can gamble with cryptovalute, which is good for bitcoin.

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Just play for fun and entertain yourself . Do not get too much indulge into gambling as into long term you can get addicted to it and will suffer a lot of get addicted and then might even loose money as it happens when you gamble a lot .

You're right, I agree with you. In my free time, I often participate in bets on some websites and look for fun. You probably know about Freebitco.in, sometimes I still go there and participate in betting. And affter, I feel comfortable doing my work

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Quote from: onrise on January 16, 2019, 11:34:49 AM

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.

Just play for fun and entertain yourself . Do not get too much indulge into gambling as into long term you can get addicted to it and will suffer a lot of get addicted and then might even loose money as it happens when you gamble a lot .

In the old days we are gamble with offline methods when the days are going we need some improvement so we are using online gambling as the main part of gambling yes it will definitely a good change to increase the uses of gambling and it improve the stability also.

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Quote from: fakegurutu on January 16, 2019, 07:04:31 AM

I played for a while and it was very interesting with my family, even children are having fun, but of course I tell them it's bad. There are many ways to play online, but I'm more profitable when I play in the casino, because I think it's more cheating online and more reliable to me.

Just play for fun and entertain yourself . Do not get too much indulge into gambling as into long term you can get addicted to it and will suffer a lot of get addicted and then might even loose money as it happens when you gamble a lot .

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Quote from: Granxis on May 08, 2018, 05:39:02 PM

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

most gambling sites nowadays already adopted cryptocurrencies meaning you can play and bet within using some of the selected cryptocurrency out there. Thats why gambling sites has been so successful because of this, theyre allowing innovation within their systems.

That's right, the gambling industry was able to cope up adopting crypto and they got a lots of participants who loves hiding their identity and use crypto as their bankroll, the more gambling site uses the system the more players will be able to learn about crypto and mostly try new system that will give them some enhancement and easy to access payment transactions.

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