Topic: gambling in the crypto market (Read 1415 times)
More gambling sites are being created everyday. Name it and you have it. And crypto is a good niche for this because of the convenience that it can offer to its clients. And with this, more gamblers are born because it is already on their doorstep, they can play within the comfort of their home. Sending money is easy peasy.
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?
Are you saying yes and no?
Indeed. By the use of cryprocurrency, gambling online makes it more easy, fast and convenient as well as lot more enjoyable because there is no such hassle doing transactions now. Like online gambling and cryptocurrency is meant to be partner since they provide a convenient experience for the users and players to furthermore enjoy playing without worrying the hardship of doing deposits or withdrawal because it can be done that easy and fast. Just like what the online casino I am into that accepts Bitcoin plus it do have varieties of games that I can enjoy and great welcome reward awaits you for doing your first deposit on it.
Totally. The existence of cryptocurrencty and gambling sites makes it a good partnership for them to work together serving a more convenient and faster service that can be offered to all the people especially for the players of gambling that have been using cryptocurrency in playing. I got interested into that online casino you were saying that accepts Bitcoin for deposits which I wanted to try for the ones I have.
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?
Are you saying yes and no?
Indeed. By the use of cryprocurrency, gambling online makes it more easy, fast and convenient as well as lot more enjoyable because there is no such hassle doing transactions now. Like online gambling and cryptocurrency is meant to be partner since they provide a convenient experience for the users and players to furthermore enjoy playing without worrying the hardship of doing deposits or withdrawal because it can be done that easy and fast. Just like what the online casino I am into that accepts Bitcoin plus it do have varieties of games that I can enjoy and great welcome reward awaits you for doing your first deposit on it.
Gambling industry is growing since the advent of cryptocurrencies and blockchain technology in particular! I have seeing alot of innovations and advancement in gambling industry since the beginning of cryptocurrencies and I think it is a nice development.
Gambling industry played a big role for the popularity and increase of demand of cryptocurrencies. All of these innovations are partnered along with both sides.Crypto played an important role for the crypto gambling industry, where every gambler who wishes to gamble anonymously became into reality. And the currency used were cryptocurrencies that's very convenient on each other's side.
Gambling industry is growing since the advent of cryptocurrencies and blockchain technology in particular! I have seeing alot of innovations and advancement in gambling industry since the beginning of cryptocurrencies and I think it is a nice development.
You're right, and now, the gambling games do not just use bitcoin to place a bet but they also use the other coins, and it makes the gamblers can choose the preferable coins to play. And from what I saw, many gamblers including me prefer to use low price coins like Dogecoin and Verge or even Reddcoin, and I like all of those coins because I don't have to use much money to buy a lot of amount of every coin.
Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.
Yeah actually it can be a negative and positive effect in my opinion, how easy is someone to gamble without any prohibition from anyone because it is easy for someone to find gambling sites on the internet that use crypto payments, but that can also be a bad thing, because anyone including kids will gamble easily? people will increasingly become addicts because of the ease of gambling?I don't think its that easy that anyone can easily acquire Crypto and then gamble with it and become addicted, especially kids.
For one, even though Bitcoin is well known and very popular especially since 2017, its still very difficult for the average user to buy it. People go to bitcoin ATMs locally and they actually have no idea how to even get these bitcoins, they think they are suppose to get something physical like paper money (happened to me last time I saw a confused person at the bitcoin ATM)
With kids its even harder since they can't use an exchange like Coinbase and even if they use an bitcoin ATM, they need to have money first and most kids have little money.
Most people need some general computing knowledge to be able to buy bitcoin and use it, especially on a gambling site. There are ways easier ways to gamble like with the Lotto or Scratch-off tickets.
I've been thinking about this - Crypto is great in so many ways BUT... how do you protect children (under 18s) from using crypto for gambling? I don't think you can make it work 100%, but this post is the best opinion I have seen so far about how crypto is effectively pretty difficult for most kids to even get hold of crypto. Basically if you want to buy fiat with crypto, you have to get on an exchange and most exchanges have quite strict KYC for fiat to crypto trades. So this solves the problem to some extent - you could say that the fiat-crypto entry point acts as a kind of KYC for the whole crypto landscape after that point.
Do people agree? Or am I being naive (I assume there are loads of kids who *could* and *will* get round this, bt the same could be said for fiat gambling or smoking or etc etc).
Gambling industry is growing since the advent of cryptocurrencies and blockchain technology in particular! I have seeing alot of innovations and advancement in gambling industry since the beginning of cryptocurrencies and I think it is a nice development.
Definitely a lots of risk are involved in Crypto gambling in the beginning time gambling was in normal state but when Technology develops gambling involved in all kind of fields and crypto gambling will improve a lot more than before in quicktime so it will had both positive and negative equally.
Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.
In a technology creation even though most people consider a failure then there you will find a place that can growth with that technology. Cryptocurrency is very compatible with the online gambling industry, the first one that is highly considered is anynomous for every user, this can trick every government that prohibits gambling in its country and with cryptocurrency they can pass it easily.Apart of anonymous factor, I think bitcoin has also made gambling a lot more accessible as compared to the past. Bitcoin has really given a boost to the gambling industry as now everyone can gamble online by using bitcoins and altcoins.
There is no age restriction left neither there is any requirement of making a credit card first for online gambling.
There is always a restriction, some sites I've visited will pop up some information saying "must be 18+" but that is a weak
control, anyone can fake their age when there is no KYC, so with that, they have a wide market.
Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.
In a technology creation even though most people consider a failure then there you will find a place that can growth with that technology. Cryptocurrency is very compatible with the online gambling industry, the first one that is highly considered is anynomous for every user, this can trick every government that prohibits gambling in its country and with cryptocurrency they can pass it easily.Apart of anonymous factor, I think bitcoin has also made gambling a lot more accessible as compared to the past. Bitcoin has really given a boost to the gambling industry as now everyone can gamble online by using bitcoins and altcoins. There is no age restriction left neither there is any requirement of making a credit card first for online gambling.
is much easier, comfortable and anonymous to bet from home through the crypto and maybe even faster,best way to preserve the privacy for me, is the winning combination gambling + crypto...
Right, we can play gambling from home, and we don't have to go to the casino which we are difficult to find in our city. Gambling in the crypto market will grow in the future since people can find many benefits of using crypto. I guess that people now want to search a simple way to play gambling and with crypto, they would not have any problem at all. Their privacy will be safe too as long as they don't send any document into a gambling site. And I think from now on, and the traditional gambling business will turn into an online gambling business.
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?
in world period the gambling will differently played from all places and it depends upon the situation but when online gambling will came to play a important role in gambling especially Crypto gambling will definitely changing all this things and made all the cameras into single room it will be a most development seen by me in short span of time. Are you saying yes and no?
is much easier, comfortable and anonymous to bet from home through the crypto and maybe even faster,best way to preserve the privacy for me, is the winning combination gambling + crypto...
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?
There will be a lots of improvement in recent period of time will happen for gambling this is because of this situation will not suitable for any other investment or trading will not be profitable at this moment so people will searching something better than that so gambling will be there right way for them then only it will develop a huge in a little time. Are you saying yes and no?
Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.
In a technology creation even though most people consider a failure then there you will find a place that can growth with that technology. Cryptocurrency is very compatible with the online gambling industry, the first one that is highly considered is anynomous for every user, this can trick every government that prohibits gambling in its country and with cryptocurrency they can pass it easily.
Ofcourse, it does not. There are some disadvantages though. ..the most important one is anonymity would make it possible for under age kids to have easy access to crypto based online gambling.
Unfortunately, the Internet has made the age verification thing almost impossible.
Unfortunately, the Internet has made the age verification thing almost impossible.
Trading and gambling are two different things and cannot be mixed. Many things in gambling are luck based but in trading you need to have good knowledge about many things which can help you to trade more effectively and efficiently. This can be even full time work .
You nailed it correctly, if people think that trading and gambling is just the same then it means they don't understand trading or the trait trading lightly or just a short term activity. Both have the risk but in trading you can minimize the risk if you have an improving skills but in gambling, you cannot trust your luck to minimize the risk, that's the big difference IMO. 
"Winning" is not the right approach in gambling at all. If you are betting to make money thats bad, winning is a lot more important in a sense that not in money but just getting more greens than reds. Thats why I either play with %50 or higher chance of winning on dice. I rather see myself win 100 times before losing once and still not be profiting because of the odds. Thats what you should focus on instead of making money. Same goes with crypto trading as well.
I like your approach in gambling but same cannot be applied to crypto trading. Trading is entirely different than gambling and it is much more safer i guess.
Leverage trading can be linked with gambling as we have to predict whether the price of bitcoin will go up or down.
Trading and gambling are two different things and cannot be mixed. Many things in gambling are luck based but in trading you need to have good knowledge about many things which can help you to trade more effectively and efficiently. This can be even full time work .
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no?
Are you saying yes and no?
Gambling in crypto market is the only way now to survive to a loser people whoonly hopes in crypto which is super down market now.We lose hope but we hope to survive in gambling now.
Gambling is not a great alternative for the dumping of the cryptocurrency market to be honest. I don't suggest it to be an alternative for that, better invest on other stocks in the market since there are other things that will generate a profit for you. Avoid gambling that much as not all of the people can afford to gamble.
Gambling in crypto is more accessible and reliable than actual or real life gambling,because even in your bathroom you can play and bet and may have opportunity to win(also Lose) not like real life gambling taht you need to go in casino or some other places that offer the game you wanted to play with
In the bathroom? Come on. How can one find time to play casino games in a bathroom unless of course they are living in the bathroom totally. I mean I get your point but that is a horrible comparison. I have heard people sing and dance in bathroom but using an electronic device in a bathroom generally pertain so some "other" stuff and not gambling. Gambling in crypto market is the only way now to survive to a loser people whoonly hopes in crypto which is super down market now.We lose hope but we hope to survive in gambling now.
I wonder how much you actually understood the topic before you commented or you are just blabbering away because you need to your post count done. 
Gambling on the market is same as any luck based games. The easy way to predict that its going down when its bearish.Jump to: