Topic: Gambling and Bitcoin? - page 15. (Read 10363 times)
gambling and bitcoin i guess both are related also the great combinations because during a gambling people like anonymity and bitcoin can give that because people still do their hobbies gambling with anonymous although sometimes casinos online very susceptible to be scam and the risk more higher than tradisional gambling
Gambling with bitcoin is the greatest thing for gamblers all over the world. It provides an easy way to satisfy gamblers necessity. They can do deposit and withdraw his money easily without provide the data about themself. The lack of this kind of anonymity is if someone stole our bitcoin it is hard to trace who was the guy that already stole our coins. So, we have to be very carefull.
Gambling Suits bitcoins and bitcoins suits Gambling. You are anonymous while you gamble and no one will know who your are.
Thats the biggest-est reason why people gamble with bitcoins and avoid credit cards.
Gambling with bitcoin is the greatest thing for gamblers all over the world. It provides an easy way to satisfy gamblers necessity. They can do deposit and withdraw his money easily without provide the data about themself. The lack of this kind of anonymity is if someone stole our bitcoin it is hard to trace who was the guy that already stole our coins. So, we have to be very carefull.
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
The best way to gamble nowadays is by using bitcoin. It is very easy to gamble and it provide anonymity to bettors. This is a growing industry as evidently showing by the influx of new gambling sites.
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?
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 love gambling with bitcoin, it is super easy and fast. plus i don't need to worry about my country rules which doesn't allow gambling with money because i am using bitcoin to gamble anonymously.
besides i can gamble with 1-1000 satoshi and the free faucet payment that i get from some of the gambling site that is good to play for free
Bitcoin is penetrating the gambling market and works with some gambling sites so you can use Bitcoin to play with. This was a good move from Bitcoins side because people are going to notice Bitcoin.
It will works well together and that is very nice. People that never hear from Bitcoin but they are gambling.
Will maybe use also some Bitcoin and that will be so good for both and for the future. So that is great.
Will maybe use also some Bitcoin and that will be so good for both and for the future. So that is great.
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?
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?
well bitcoin is awesome for gambling, same as with black markets, with bitcoins you can gamble very fast and no need to have 18 years or more,you don't need to give ID or anything else, just bitcoin address, and gambling with bitcoins well i never saw that anyone used hacks or something else so it's safe too
Pros: in some of the countries gambling is not allowed so bitcoin gambling is the way they can enjoy gambling.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Very true in this regard. But here's where it gets tricky though... If someone buys Bitcoin through an online exchange, let's say from the U.S., and the exchange starts to notice that these bitcoins are being funneled into a gambling site illegally, then they technically have the right to freeze your account. That's one of the problems when gambling with Bitcoin, but if you can find some way to buy bitcoins locally with cash, then that's the best way to gamble without frozen accounts and the possible legal trouble with the government.
Yes it is true. But with bitcoin you can be blur in every gambling site that cooperate with bitcoin, although government even find out that is illegal there is not enough proof to make you guilty. But what I care is why government should not support this thing but online casino like vegas they are fully support them? Both of them are gambling too
Pros: in some of the countries gambling is not allowed so bitcoin gambling is the way they can enjoy gambling.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Very true in this regard. But here's where it gets tricky though... If someone buys Bitcoin through an online exchange, let's say from the U.S., and the exchange starts to notice that these bitcoins are being funneled into a gambling site illegally, then they technically have the right to freeze your account. That's one of the problems when gambling with Bitcoin, but if you can find some way to buy bitcoins locally with cash, then that's the best way to gamble without frozen accounts and the possible legal trouble with the government.
And gambling is one of the main uses of bitcoin at the moment, and it's probably what's going to allow it to survive. I don't think there are enough advantages to convince Joe Public that btc is better than cash.
While I completely relate to what you are saying about coinbase, and that's what I was in a way referring too; I don't think what I underlined in your comment is necessarily true.
Of course the average gambler might not care too much about economics in general, and just wants bitcoins to play dice or whatever, I think if you tell someone in a very plain way the economic benefits that Bitcoin gives each of its users in layman's terms; they would get the reason why it would matter. It's not like people who gamble online are very poor people with low IQ's who are drinking 40's and scratching off lottery tickets on the curb... Anyone with a mild understanding of how the world works can see that being your own bank of a currency that's finite, such as gold, that can't be printed by the government, and can send instantaneously anywhere in the world would see the benefits.
Pros: in some of the countries gambling is not allowed so bitcoin gambling is the way they can enjoy gambling.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Very true in this regard. But here's where it gets tricky though... If someone buys Bitcoin through an online exchange, let's say from the U.S., and the exchange starts to notice that these bitcoins are being funneled into a gambling site illegally, then they technically have the right to freeze your account. That's one of the problems when gambling with Bitcoin, but if you can find some way to buy bitcoins locally with cash, then that's the best way to gamble without frozen accounts and the possible legal trouble with the government.
And gambling is one of the main uses of bitcoin at the moment, and it's probably what's going to allow it to survive. I don't think there are enough advantages to convince Joe Public that btc is better than cash.
Pros: in some of the countries gambling is not allowed so bitcoin gambling is the way they can enjoy gambling.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Very true in this regard. But here's where it gets tricky though... If someone buys Bitcoin through an online exchange, let's say from the U.S., and the exchange starts to notice that these bitcoins are being funneled into a gambling site illegally, then they technically have the right to freeze your account. That's one of the problems when gambling with Bitcoin, but if you can find some way to buy bitcoins locally with cash, then that's the best way to gamble without frozen accounts and the possible legal trouble with the government.
Pros: in some of the countries gambling is not allowed so bitcoin gambling is the way they can enjoy gambling.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
Cons: bitcoin only gambling site can easily get disappear as they don't have to take license to operate.
I agree that Gambling is definitely business which help Bitcoin and Bitcoin help Gambling. It`s pretty easy and there is a anonymity if someone preffer it.
How can you say gambling help bitcoin? Because without any gambling bitcoin will still be used in some trading so it will work fine too
Gambling can help Bitcoin because it is huge market!!A very huge market!
And compared with other financial systems it is much easier and faster and of course cheaper to use Bitcoin.Furthermore not much personal informations are needed.Less hassle and comfortable to use.
Every market or industry where Bitcoin can be applied will help to spread it out for the masses and therefore increase it's value.
Gambling, remittances, porn, e-commerce are just a few big markets where Bitcoin will grow a lot!
Everyone knows that gambling is a very very huge market but although they are huge they can't help much to improve the popularity of bitcoin because bitcoin is used limited for gambling only. It cant do much about their price. Actually this is nothing to lose for them
Bitcoin can go with any online payment service, not just gambling. My main concern with this thread was the fact that gambling sites dissapear etc.
Perhaps we should have an audit by the bitcoin.org foundation for every bitcoin related service.
Perhaps we should have an audit by the bitcoin.org foundation for every bitcoin related service.
Even if they try and audit a site, if they have the malicious attempt to run away with bitcoins, they will find a way in some way if a lot of people start investing there and trusting the site. It's more prevalent with investing sites, but can be done by anyone else easily if they really feel they want too. Though I think if you get that much traffic into your site by being trustworthy, the person will probably be able to make more money in the long run of things if they run things smoothly and have house edge on their side.
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?
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 don't think dice sites running away with money is a very big concern as most dice sites have more to gain by staying. Also, more dice sites are using the moneypot API, which makes it hard to run off with the bitcoin.
However, I do think that people ruining their lives because of gambling is a concern.
Bitcoin can go with any online payment service, not just gambling. My main concern with this thread was the fact that gambling sites dissapear etc.
Perhaps we should have an audit by the bitcoin.org foundation for every bitcoin related service.
Perhaps we should have an audit by the bitcoin.org foundation for every bitcoin related service.
Yes i think you are right Sir. Many sites are looking like a scam these days. They run away with our money and everything goes on like nothing happend.
Top stop this we need some regulation.
Exactly, this is my main concern. Sure gambling is just another thing were scammers can do their nasty things, but some kind of regulation would protect newbie's much better.
It will serve bitcoin trustworthyness a lot.
The match is perfect however think about the industry. The nature of bitcoin (anon and very easy to sent/receive) makes it interesting for scammers.
This is not just for gambling, but involves every transaction with bitcoin.
This is not just for gambling, but involves every transaction with bitcoin.
Bitcoin can go with any online payment service, not just gambling. My main concern with this thread was the fact that gambling sites dissapear etc.
Perhaps we should have an audit by the bitcoin.org foundation for every bitcoin related service.
Perhaps we should have an audit by the bitcoin.org foundation for every bitcoin related service.
Yes i think you are right Sir. Many sites are looking like a scam these days. They run away with our money and everything goes on like nothing happend.
Top stop this we need some regulation.
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