gambling in the crypto market - page 2.

maydna

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Quote from: Panchum on December 13, 2018, 09:16:59 AM

Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

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 am sure that many of us still have hope in the cryptocurrency market and some of them don't gamble by buying the coins without doing research or analyze the coins. But I agree that many of them that lose their hope and selling their assets because they can not hold any longer and they need the money. I wouldn't say that trading in the crypto market is the same as gambling as long as we can decide in what price we want to buy and sell and how much we need to take the profit.

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Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

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.

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Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

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

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Quote from: iMark on December 11, 2018, 06:29:58 AM

Quote from: Shinpako09 on November 24, 2018, 09:05:20 AM

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.

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Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

I believe so, some people gamble in crypto with all they have. It is risky, but it is highly paying. However, the risk is too high that you can even lose everything you have. Cryptocurrency created a good opportunity to people to earn.

iMark

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Quote from: Shinpako09 on November 24, 2018, 09:05:20 AM

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?

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Quote from: Shinpako09 on November 24, 2018, 09:05:20 AM

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.

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Quote from: Cosbycoin on July 25, 2018, 04:39:12 AM

"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.

maydna

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We will see new gambler will come to the gambling website because they don't have any problem to start gamble and they don't have to send any documents to become verified members. It will give them the freedom to play gambling without any restriction like what they've got in the real casino, and I think they will prefer to playing online gambling than traditional gambling. Besides that, they can use android phone to start to play the game, and they can play in everywhere they want as long as the internet connection is available.

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Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

I think that crypto is a real gambling these days. Several days ago MGO was 66 on coinmarketcap while btc and eth were falling

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Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

Cryptocurrencies found in the gambling industry a perfect partner, many of those that like to gamble have been looking for something like bitcoin for some time, bitcoin allows you to gamble anonymously because you do not have to give your information to a casino and casinos love bitcoin because they do not have to deal with banks and their regulations, this means that both players and casinos get something out of bitcoin that they had been looking for.

This is why besides exchanges one of the industries that is growing the fastest in the market of cryptocurrencies is the gambling industry and that growth is probably going to continue for a long time as more people become aware of cryptocurrencies.

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Of course, and there are a bunch of bitcoin casinos that are extremely fast and reliable to their customers, it gets easier for people younger than 18 yo, too.

That is one of the reasons of why there is too much money in here, around us.

Casinos are getting richer everyday, but the same applies to bitcoin casinos.

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Quote from: Shinpako09 on November 24, 2018, 09:05:20 AM

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.

Well, not all people in the world wants to gamble, atleast less than half of the people I know likes to gamble specially in the crypto world where I believe only few people still likes to gamble. I myself already stopped playing gambling so minus one for that case

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Quote from: fordsons on July 25, 2018, 04:58:45 AM

Quote from: rolleth.io on July 20, 2018, 05:50:02 AM

Playing with the crypto is more profitable than playing with the usual currency.

I don’t think so because I have never seen a person that make money in gambling. All gamblers finally lose all their money and even go in debts. This is the nature of gambling that you cannot win a lot of money continuously. For me cryptocurrency is for making money and gambling is for losing money. Both are opposite of each other.

Money is money and I'd argue that betting with cryptocurrency is even less profitable than using fiat for the same thing. With cryptocurrency you have high chance of doubling the money when the bull market finally comes. If you spend it all on gambling you'll lose chance for potential investment profit.

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Quote from: guoyu78 on November 24, 2018, 04:51:47 AM

Anonymity is one of the major characteristics blockchain gambling really has brought into reality and for the fact that people can do their thing in their comfort zones without being traced, makes it pretty easy for them to at least gamble without the fear of being tagged possibly by the society or the government when it comes to gambling activities.

Yes, it really gives you the perspective on what we can really achieve with crypto all around. Right now the crypto is quite filled with either exchanges, miners or casinos. Those are really the top 3 things crypto is known for but take a look at how much they have changed the world.

I know miners were not something big but even companies like AMD and NVIDIA is now focusing on making crypto related products to increase their revenue so even miners are making a change. Exchanges are getting VC funds and starting operations all around the world because of it. Casinos and gambling has been around since day 1 of crypto.

We have managed to turned casino work into provably fair so that players can gamble whenever they want wherever they want with just one click and know that the place they are gambling are not out to scam them because you can check it by provably fair.

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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.

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Quote from: guoyu78 on November 24, 2018, 04:51:47 AM

Quote from: drlukacs on November 19, 2018, 01:44:05 PM

Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Sure, that is one of the major reasons why we have a lot of people even becoming more exposed to gambling these days than they would have in real life. Anonymity is one of the major characteristics blockchain gambling really has brought into reality and for the fact that people can do their thing in their comfort zones without being traced, makes it pretty easy for them to at least gamble without the fear of being tagged possibly by the society or the government when it comes to gambling activities.

Even kids can gamble nowadays and this things cannot be prevented anymore as kids nowadays are smarter already.
As a parent, we should keep an eye of our children that they will only treasure the positive things on blockchain. I cannot be denied that once
the demand increases in any way, it will be beneficial for us investors due to a positive effect on the price and let's just leave the regulation to the government as that is their job.

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Quote from: drlukacs on November 19, 2018, 01:44:05 PM

Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Sure, that is one of the major reasons why we have a lot of people even becoming more exposed to gambling these days than they would have in real life. Anonymity is one of the major characteristics blockchain gambling really has brought into reality and for the fact that people can do their thing in their comfort zones without being traced, makes it pretty easy for them to at least gamble without the fear of being tagged possibly by the society or the government when it comes to gambling activities.

sunsilk

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Quote from: minersday on November 18, 2018, 05:53:05 PM

Why do you think so?

He already said that gambling with cryptocurrencies are suitable for everyone because it is "fast, convenient and anonymous".

Quote from: minersday on November 18, 2018, 05:53:05 PM

I think that it is always a good time for making bets, playing on casinos and doing a lot of other stuff related to this.

But i do not get why so many people confuse all this stuff, with the price of bitcoin, because both are very different things.

i am never going to understand that

I think you are the one that understands it the other way. OP didn't even tackled about the price of bitcoin and other crypto's. He's just telling what are the features that one can get if he's going to gamble with crypto's.

Quote from: drlukacs on November 19, 2018, 01:44:05 PM

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Yes that's it!

Gamblers that doesn't want to expose themselves gambling, sending money to casino's has now a better choice through crypto's.

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Quote from: phantuanvu007 on June 05, 2018, 11:18:18 AM

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? Grin

Totally agree with you. I think that if any people interested in joining gambling, they never want public their identity. So that crypto market, especially purchasing with cryptos will become successful because of the high speed, security, anonymous and they can exchange to any cryptos or fiat currency if they have the need.

Topic: gambling in the crypto market - page 2. (Read 1486 times)