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Topic: Gambling and Bitcoin? - page 14. (Read 10363 times)

copper member
Activity: 475
Merit: 251
in BTC we trust
April 19, 2016, 11:11:05 PM
#94
Since the nature of these two topics, the audience taking part in these two markets and the potential to earn and lose, i do believe these two, Bitcoin and Gambling are just the perfect match
hero member
Activity: 952
Merit: 500
April 19, 2016, 09:17:15 PM
#93
Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.

Yup, btc has too many usage. And in order for btc to outshine the other currency, it must have an area where the other currency cant do it and it is the cash transaction in private so things like illegal items, tax evasion, fast transaction will thrive first in btc as people will tends to adopt btc in order to enjoy all these exclusive. However, we need to move away from this so that btc will have more uses.
Majority users of bitcoins use their coins in some illegal activities especially in gambling. There are some established gambling sites that ban countries with restrictions on betting but using bitcoin you can find other gambling sites that has no country restrictions. 
legendary
Activity: 1386
Merit: 1016
April 19, 2016, 08:40:29 PM
#92
Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.

Yup, btc has too many usage. And in order for btc to outshine the other currency, it must have an area where the other currency cant do it and it is the cash transaction in private so things like illegal items, tax evasion, fast transaction will thrive first in btc as people will tends to adopt btc in order to enjoy all these exclusive. However, we need to move away from this so that btc will have more uses.
newbie
Activity: 42
Merit: 0
April 19, 2016, 05:29:10 PM
#91
Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.

Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.
legendary
Activity: 1414
Merit: 1002
= jasad =
April 19, 2016, 12:35:03 PM
#90
Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
the point is simple thing like bitcoin can be worth same and maybe better than money,its why gambling site so happy and welcome to accept bitcoin as gambling object,i just see this side.
sr. member
Activity: 269
Merit: 250
April 19, 2016, 11:12:52 AM
#89
The combination of gambling and bitcoin is a great thing that has happened. The fact that you can use bitcoins at some of these gambling site gives Bitcoin much recognition and this is of course good for Bitcoin.
sr. member
Activity: 350
Merit: 250
April 18, 2016, 10:18:06 AM
#88
I think that it will work well together as you can see now you see that the using in gambling is now rising up and that is nice because it will be the future payment method.
The only thing is that now more people are realizing that gambling is bad to do so there are now not many gamblers.
legendary
Activity: 1456
Merit: 1005
April 16, 2016, 08:38:37 PM
#87
Gambling is one way to earn bitcoin. Actually other or many bitcoiner treating gambling as their main source of earning bitcoin. Plus the advantage of using bitcoin in gambling is you dont need to provide your identity.

I think you understood wrongly that many bitcoiners are earning lot of bitcoins from gambling, if that is true then by now most of the gambling sites should have been closed. But the actual thing is, most of the gamblers use bitcoins because they can gamble conveniently from home without disclosing any identity. Gambling is not the way to earn bitcoins but it is meant for fun and entertainment.
legendary
Activity: 2058
Merit: 1015
April 16, 2016, 08:01:53 PM
#86
Gambling is one way to earn bitcoin. Actually other or many bitcoiner treating gambling as their main source of earning bitcoin. Plus the advantage of using bitcoin in gambling is you dont need to provide your identity.
full member
Activity: 224
Merit: 100
April 16, 2016, 12:22:35 PM
#85
I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?
For the pro, you could earn up to double / triple of your money. Gambling is the fastest way to get rich.

The cons is that if you gamble and you lose, you usually lose control of yourself and keep playing to return your lost money. You could go bankrupt.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
April 16, 2016, 11:11:00 AM
#84
I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?

there are a lot more Pros than what you write here, bitcoin makes it easier to gamble, you don't need your bank and country rules to interfere with your gambling because it is anonymous.
also there is a lot of different games you can play all online with bitcoin which give a lot of variety to choose from.

and you con is not exactly a con because you can always check their reputation and then invest bitcoin and withdraw after playing.
hero member
Activity: 1498
Merit: 547
Pugs are the best!
April 16, 2016, 09:54:03 AM
#83
I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?
I suggest you to add on PRO that you can easily double triple or make your bitcoin more easily in just a few minutes or hours. And add on CON about how high the risks in gambling.
legendary
Activity: 3248
Merit: 1179
April 15, 2016, 08:16:24 PM
#82
Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.

You are right about that and there's no argue about that. Bitcoin is like any other currency, just a bit better in my opinion. For me and many others things are much easier now when we have bitcoins.
Bitcoin have many advantages and offers from casinos are much better then in casinos with other currencies.
For me bitcoin is perfect currency for many things, I found fun in gambling. Without bitcoin I would never know for many things.
When I started to gamble with bitcoins I stopped to gamble with "real" money. And I can say that I will never quit, I enjoy playing for bitcoins.
hero member
Activity: 952
Merit: 1000
April 15, 2016, 01:18:28 PM
#81
Gambling with bitcoin is fun and the best way to  gamble,  as  you can gamble even with a small amount and there is no involvement of third party into it.
hero member
Activity: 672
Merit: 500
April 15, 2016, 01:16:01 PM
#80
Gambling and bitcoin both are two different things, bitcoin is a currency and is used for anything the same as other currencies, and gambling is just betting your money wealth no matter in what form is it.
sr. member
Activity: 350
Merit: 250
April 15, 2016, 03:45:02 AM
#79
Bitcoin and gambling is a greatest combination, with the anonymity feature has in bitcoin the gambler dont need to provide any information to withdraw or deposit the money and the gambler can comfortably played the gamble that he likes in internet at home
Indeed is a perfect combination and as you can see you see that Bitcoin is also getting more used and acceptable so that is nice for gambling and for Bitcoin both.
If you are making Bitcoin more acceptable than Bitcoin will have also get a better future.
sr. member
Activity: 364
Merit: 250
April 14, 2016, 05:10:46 PM
#78
Indeed gambling with the bitcoin is very sweet because of many reason in my opinion its one of the best ways to gamble.
You can also see that a lot of users these days are using the bitcoin for gambling because its so easy and has a lot of advantages.
member
Activity: 67
Merit: 10
April 14, 2016, 04:58:15 PM
#77
No deposit fees/ withdrawal fees, and complete anonymity which is nice if you're betting from somewhere where it's illegal.  Grin
legendary
Activity: 1946
Merit: 1137
April 14, 2016, 02:18:49 AM
#76
I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?

gambling with bitcoin has a lot more pros than cons in my opinion.
and the con you mentioned here is not that much serious because it is the same way with fiat online businesses, they can run away too. scammers will find their way into everything.
and for bitcoin luckily there is enough old and reputable casinos that makes it easier to trust them and put your money in their site.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
April 14, 2016, 01:35:33 AM
#75
I prefer to use bitcoin to gamble as it doesn't seem like you are spending too much when you are in the thick of a game with high stakes because you are betting in portions of a bitcoin and usually not one whole bitcoin (BTC) at a time unless you are a high roller.  Cheesy
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