gambling in the crypto market - page 7.

crwth

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Quote from: Caladonian on June 24, 2018, 11:55:37 PM

Quote from: malikusama on June 24, 2018, 05:45:05 PM

Cryptocurrencies should be the golden choice or heaven for gamblers to gamble, as it provides anonymity and security as well.
From the dawn of cryptocurrencies the gambling has become more interesting and now more people are now getting into digital gambling than ever before.
This shows a bright future of gambling in cryptocurrencies market.

The adoptions really give gamblers an options to play inside their comfort, its so simple to place a bet from your house and play without anyone knowing about your activities, it's giving most gamblers to enjoy and play as quick as they wanted too, it will bring new face of gambling and combining with crypto it helps in both ways, crypto will be more popular as we knew numbers of gamblers are just around the globe.

That's what I have thought of either. You can communicate with other players just by chatting in the chat box. Whether or not you know what you are going to play on, it's almost the same risk, sometimes lower risk. I think even in physical casinos, Bitcoin is being accepted to. It is definitely the future of payments, etc.

Caladonian

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Quote from: malikusama on June 24, 2018, 05:45:05 PM

Cryptocurrencies should be the golden choice or heaven for gamblers to gamble, as it provides anonymity and security as well.
From the dawn of cryptocurrencies the gambling has become more interesting and now more people are now getting into digital gambling than ever before.
This shows a bright future of gambling in cryptocurrencies market.

The adoptions really give gamblers an options to play inside their comfort, its so simple to place a bet from your house and play without anyone knowing about your activities, it's giving most gamblers to enjoy and play as quick as they wanted too, it will bring new face of gambling and combining with crypto it helps in both ways, crypto will be more popular as we knew numbers of gamblers are just around the globe.

wuvdoll

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Quote from: boyptc on June 20, 2018, 04:30:27 PM

Quote from: bongnor531 on June 19, 2018, 09:03:09 AM

If any of you have already tried crypto casinos, or betting sites, what are the experiences?

Experiences are just normal,you win some and lose some but it's entertaining and fun just to imagine that you are gambling with crypto's at home.

I rather will even say you lose mostly and win just few times and that always help to put one in check by not thinking of winning all the time. Like you said, it is just a normal experience to when you are playing in a real casino as everything depends on luck and the only difference here is that in a live casino, you are at least getting the fun easily since you have people to interact with which is something that cannot be found online even with some of the chat sessions on the gambling platform.

malikusama

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Cryptocurrencies should be the golden choice or heaven for gamblers to gamble, as it provides anonymity and security as well.
From the dawn of cryptocurrencies the gambling has become more interesting and now more people are now getting into digital gambling than ever before.
This shows a bright future of gambling in cryptocurrencies market.

maydna

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Quote from: Binugon on June 23, 2018, 06:17:16 AM

Quote from: Claudyah on June 14, 2018, 03:48:16 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

it really seems like the market price here can be at stake how much according to the wishes of big investors who do have a very big investment on crypto so they can manipulate the price as they want because the price depends on the volality.

that's true we do not know when prices are going down and we do not know when prices go up all in all luck maybe because this crypto trade is almost synonymous with gambling.

and with the crypto, we can play gambling in hidden places and no one will know what we did. and with the volatility, I think some people can take the advantages from gambling and trying to manipulate the price like you said. but they cannot manipulate the price forever because once the price is up or down, they cannot control it.

raven7886

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Quote from: anntlevel on June 21, 2018, 06:23:16 AM

gambling is not so safe online because of the risks you discussed which are against our security. If you want to stay away or want to get rid of these insecurities then simply follow gambling in casinos or any other place where you can start gambling where there gamblers follow the rules to play on a good manner. Online gambling is very good on rated sites but if you are not sure about it then follow traditional way.

It is not like there is no rules in gambling online as there are still some terms and conditions, but the only thing here is you are all to yourself and you really would not have much rule to break since all you have to do is play and do whatever you feel like.

It is highly impossible to cheat the system anyway and most of the time, with the provably fair, you are still losing anyway. One thing though is that with real casino, I feel there are better chances of winning with some strategies and a lot of luck than in online casinos.

Binugon

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Quote from: Claudyah on June 14, 2018, 03:48:16 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

it really seems like the market price here can be at stake how much according to the wishes of big investors who do have a very big investment on crypto so they can manipulate the price as they want because the price depends on the volality.

that's true we do not know when prices are going down and we do not know when prices go up all in all luck maybe because this crypto trade is almost synonymous with gambling.

BlackPanda

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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

That can be said as something quite right. It is at this time that the majority of crypto users use it to invest and play gambling. The rest of the crypto users who use crypto as currency can be said is still very little. Gambling is one sector that has a very large transaction volume, especially currently being held football party FIFA WORLD CUP in Russia. This certainly increases the number of crypto transactions and we can see a lot of gambling houses that have many users.

Betwrong

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Quote from: sportbettor on June 22, 2018, 12:00:48 AM

Quote from: Betwrong on June 21, 2018, 09:32:00 AM

Quote from: anntlevel on June 20, 2018, 03:25:11 AM

Quote from: bongnor531 on June 19, 2018, 09:03:09 AM

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?

I recommend no one because there is no authentication of online casinos and many of them are scams. They took investment of innocent people and never paid them. You cannot claim it anywhere because crypto and gambling both are illegal in many countries. Better never gamble in online casino with your crypto.

Your information is a bit outdated. Maybe the situation was like you say several years ago, in the very beginning of crypto casinos, but today you can find established provably fair gambling sites, read reviews on them and decide whether to play there or not. Of course you can question everything, it's your right to do so, but normally if a site has many positive reviews and only a tiny amount of negative ones, it is considered trustworthy.

List of TOP 20 Sportsbooks that accept Cryptocurrency can find here: http://100bookies.com/sportsbooks-that-accept-cryptocurrency-eng/

Right, and there are other similar places where you can find various lists of crypto betting sites. For those who are going to do their research I suggest to check out these two: cryptoclarified.com and alexa.com, this page on alexa namely : https://www.alexa.com/topsites/category/Science/Social_Sciences/Economics/Financial_Economics/ Currency_and_Money/Alternative_Monetary_Systems/Cryptocurrencies/Bitcoin/Services/Gambling . (Please remove the white-space before Currency_and_Money ).

Always try to analyze at least several sources of information while doing your research because the info from one place only can be significantly biased.

BlueStackz

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Quote from: Devawnm367 on June 07, 2018, 06:24:29 PM

I personall believe so, and plus you can win 10 to 20k usd, and (if you choose) you do not have to file taxes if you wish. I really like the fast convienience and anonymity. My favorite part is I can 5 times, then btc pump and I 3 to 5 times again. When you gamble with btc you win twice!!!

Yeah, it is obvious that everyone loves convenience and since payment of winnings does not involve the bank which makes it anonymous as your identity is not in any way revealed, then it makes it so interesting for those who have been gambling before now and those who have been looking to check how gambling can be for them. This has caused an increase in growth in gambling world as well as increase in addicts as well anyway.

lol1yatme

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Quote from: recoal on June 21, 2018, 07:33:03 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

safe gambling where you never loose 100% of your money... Grin

It must be the biggest joke of century or even this world life. Brother where are you living? Really? I mean really? Don’t you know the circumstances in gambling? Aren’t you aware of the consequences of this gambling once a gambler gets into this harmful game? Don’t you know how many lives have been ruined with this gambling? Get yourself a read about all such questions.

justspare

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Quote from: Shenzou on June 21, 2018, 07:04:13 AM

Quote from: ASHLIUSZ on June 19, 2018, 03:47:52 PM

Gambling is a major industry of the crypto market in the past and the same thing continues. Earlier bitcoin hasn't gained much attention from the common people. It was much used by the gamblers. It is the one that helped with the market circulation of bitcoin during those days contributing to the growth. Things changed as people begin to give acceptance as a valuable asset to invest and for various other purposes.

I totally agree i feel like in the early days of bitcoin there was no real ways, there were no investments where you can actually spend the bitcoin that you either mined or got except for gambling and buying things off the dark net, and i think that usage has continued on and got even more popular as its price started going up, and probably if we can make some statistics or start a survey we will probably find a large number of the people would be using bitcoin for gambling , which shows how much gambling has played a big role in the growth of the bitcoin market.

That which you mentioned actually made gambling to become extremely popular. Back then, people felt they really had nothing to lose until now that what they have gambled and lost is worth millions of dollars but back then, it really was nothing.
Gambling then became one of the easiest ways to try to do your thing, win some extra in the process, a way to even stay off the government radar for some, and still in a way brought about some awareness for the crypto space among gamblers.

iv4n

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Quote from: TheUltraElite on June 22, 2018, 04:45:19 AM

Quote from: swscowods on June 22, 2018, 01:48:17 AM

Yeah gambling is a very big industry and in one time the second richest person on the earth was the owner of many casinos.

Gambling is a big industry not the biggest in the world.

Quote

With the introduction of cryptocurrency the use of online gambling has very increased and now many crypto investors use their crypto in online gambling.

I dont think you realize the difficulties that cryptocurrencies bring to gambling as well. They were never meant to be gambled with - although since they are considered as a type of money hence people can use them accordingly.

Quote

Everyone wants short cut for earning high profits but the result is different from their expectations and they lose all their money

This is true in every method of earning. Be it trading, mining or gambling. Some people just dont understand that there is no method to get-rich-quick. They should not even think about becoming rich simply by gambling because its all based on luck.

Gambling sites have their scripts, you can deposit fiat or crypto, but in the end you play with chips, value of chip is determined by casino.
You are wrong when you say that everything is based on luck. Gambling isn't one game and one strategy with always same bankroll. You have many gambling games, each game has its own rules.
For example 90% of the hands in poker a won without showing hands, that means simply that you can win even with weak cards in your hand, skill and luck in poker are needed for win, with just one you are doomed. Without skills and knowledge about gambling games you will always lose money on every game, you can blame luck or rigged games, but reality is that you don't know how to play the game and that's why you lost money.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: swscowods on June 22, 2018, 01:48:17 AM

Yeah gambling is a very big industry and in one time the second richest person on the earth was the owner of many casinos.

Gambling is a big industry not the biggest in the world.

Quote

With the introduction of cryptocurrency the use of online gambling has very increased and now many crypto investors use their crypto in online gambling.

I dont think you realize the difficulties that cryptocurrencies bring to gambling as well. They were never meant to be gambled with - although since they are considered as a type of money hence people can use them accordingly.

Quote

Everyone wants short cut for earning high profits but the result is different from their expectations and they lose all their money

This is true in every method of earning. Be it trading, mining or gambling. Some people just dont understand that there is no method to get-rich-quick. They should not even think about becoming rich simply by gambling because its all based on luck.

doomloop

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Quote from: thefaucetrunner on June 21, 2018, 06:34:26 AM

Quote from: bitcoindian on June 16, 2018, 07:02:54 AM

Quote from: maculeth on June 14, 2018, 06:50:10 AM

Quote from: supermine on June 05, 2018, 11:27:39 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

Yes,it is.

Gambling is now become more anonymous and convenient for everyone with the crypto currencies ad even the non gamblers are started to gamble because of crypto currencies and online crypto gambling saves much time and even we can gamble if we are from gambling banned countries.So crypto is a boon to the gambling industry.

in this way, people who can't gamble because in the neighborhood are not allowed to gamble, can gamble online and use crypto as a bet is the most effective way.

I do agree because most of the people who are addictive to it cannot control their feeling but in offline we cannot gamble because of the family but through online we can gamble with the small betting. Every one who are addicted will always look for higher bettings.

like what if when we try to trade bitcoin when we can not wait at the time of sale that we should sell when the high price instead and in the end is not a profit that we can even big loss because gambling equal to luck and at that time we are not lucky.

There are some other aspects to be taken in account for selling a bitcoin. That isn’t just dependable on luck. Although there is an impact of luck out there but mostly this is off the scene. So your skill and experience will be helping you to draw a best line for best characteristics as a trader. Don’t rely on gambling for moony earning and don’t just let it control you.

swscowods

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Quote from: Shenzou on June 21, 2018, 07:04:13 AM

Quote from: ASHLIUSZ on June 19, 2018, 03:47:52 PM

Gambling is a major industry of the crypto market in the past and the same thing continues. Earlier bitcoin hasn't gained much attention from the common people. It was much used by the gamblers. It is the one that helped with the market circulation of bitcoin during those days contributing to the growth. Things changed as people begin to give acceptance as a valuable asset to invest and for various other purposes.

I totally agree i feel like in the early days of bitcoin there was no real ways, there were no investments where you can actually spend the bitcoin that you either mined or got except for gambling and buying things off the dark net, and i think that usage has continued on and got even more popular as its price started going up, and probably if we can make some statistics or start a survey we will probably find a large number of the people would be using bitcoin for gambling , which shows how much gambling has played a big role in the growth of the bitcoin market.

Yeah gambling is a very big industry and in one time the second richest person on the earth was the owner of many casinos. With the introduction of cryptocurrency the use of online gambling has very increased and now many crypto investors use their crypto in online gambling. Everyone wants short cut for earning high profits but the result is different from their expectations and they lose all their money

sportbettor

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Quote from: Betwrong on June 21, 2018, 09:32:00 AM

Quote from: anntlevel on June 20, 2018, 03:25:11 AM

Quote from: bongnor531 on June 19, 2018, 09:03:09 AM

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?

I recommend no one because there is no authentication of online casinos and many of them are scams. They took investment of innocent people and never paid them. You cannot claim it anywhere because crypto and gambling both are illegal in many countries. Better never gamble in online casino with your crypto.

Your information is a bit outdated. Maybe the situation was like you say several years ago, in the very beginning of crypto casinos, but today you can find established provably fair gambling sites, read reviews on them and decide whether to play there or not. Of course you can question everything, it's your right to do so, but normally if a site has many positive reviews and only a tiny amount of negative ones, it is considered trustworthy.

List of TOP 20 Sportsbooks that accept Cryptocurrency can find here: http://100bookies.com/sportsbooks-that-accept-cryptocurrency-eng/

recoal

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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

safe gambling where you never loose 100% of your money... Grin

crzy

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Quote from: Tungsten-1 on June 21, 2018, 04:31:34 PM

Quote from: bongnor531 on June 19, 2018, 09:03:09 AM

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?

I would not have recommended you any site even if I have gambled there because I don’t want to destroy someone’s life by giving wrong opinion. Instead of that I would have done his counseling by saying that don’t ever think to go for gambling because it will destroy your life as well as the people are related to you directly or indirectly.

A true message from a gambler, well its true that advising people where to gamble is quiet not good because you might put that person on the wrong place. There's a lot of trusted crypto casinos online, but of course the risk will always be there and as like what you said your life will be broke if you don't know how to control yourself, think again if you really want to gamble, be ready for the result.

Tungsten-1

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Quote from: bongnor531 on June 19, 2018, 09:03:09 AM

If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?

I would not have recommended you any site even if I have gambled there because I don’t want to destroy someone’s life by giving wrong opinion. Instead of that I would have done his counseling by saying that don’t ever think to go for gambling because it will destroy your life as well as the people are related to you directly or indirectly.

Topic: gambling in the crypto market - page 7. (Read 1486 times)