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Topic: gambling in the crypto market - page 8. (Read 1418 times)

sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
June 21, 2018, 01:46:43 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.
As you said the gambling helped a lot for the growth of the crypto currencies but this also the issue now because many people think that it is for only gambling and many people consider gambling is a not fair thing to do so they are also avoiding the bitcoin.But those people need to understand that what is crypto currency then only they can differentiate from crypto currency and the gambling.
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
June 21, 2018, 10:32:00 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Your information is a bit outdated.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.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
June 21, 2018, 09:02:47 AM
Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I think in today’s world almost all online gamblers use crypto for their gambling, because there is no other currency which can be used in online gambling. Both need internet and when you want to play from your home you will have to use crypto for gambling. Now many traditional casinos also start accepting crypto because they know the importance of crypto.
sr. member
Activity: 1400
Merit: 283
June 21, 2018, 08:04:13 AM
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.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
June 21, 2018, 07:34:26 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 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.
jr. member
Activity: 286
Merit: 3
June 21, 2018, 07:23:16 AM
Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I am really happy for this statement that crypto would be amazingly growing in future time. This is right as the current facts and figures are just evidencing this scenario. People are loving these amazing creatures and earning from them. They are continuously increasing their finical health and making everyone fantastic in financial terms. So yeah, they would become so supreme later.
It is true and the reality of future as we know that Bitcoin and other coins are increasing in their values or rates due to the demand of people for these valuable and responsive currencies. One can gamble as well as we know that market changes with the passage of time and about its predictions people can gamble.

If the prediction is right then one will win and if not then will lose. Gambling is here on many different stages however it will gain more reputation and popularity in the future.
To observe all this you should never gambled online. Your personal information should not be revealed to any one especially on the internet. If they use your data in illegal activities you can never claim because you have submitted your data for gambling and gambling as you say is forbidden in many countries. It means that the government will never help you.
Yeah, 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.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 20, 2018, 05:30:27 PM
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.

Which one would you recommend to use?
You can try to play with old reputed gambling casino's such as 777coin.
sr. member
Activity: 574
Merit: 256
June 20, 2018, 05:51:31 AM
#99
Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I am really happy for this statement that crypto would be amazingly growing in future time. This is right as the current facts and figures are just evidencing this scenario. People are loving these amazing creatures and earning from them. They are continuously increasing their finical health and making everyone fantastic in financial terms. So yeah, they would become so supreme later.
It is true and the reality of future as we know that Bitcoin and other coins are increasing in their values or rates due to the demand of people for these valuable and responsive currencies. One can gamble as well as we know that market changes with the passage of time and about its predictions people can gamble.

If the prediction is right then one will win and if not then will lose. Gambling is here on many different stages however it will gain more reputation and popularity in the future.
To observe all this you should never gambled online. Your personal information should not be revealed to any one especially on the internet. If they use your data in illegal activities you can never claim because you have submitted your data for gambling and gambling as you say is forbidden in many countries. It means that the government will never help you.
this is a scenario where a person just standing in a mud water and he wishes to jump but he doesn’t want mud to make his clothes dirty. This is real resemblance. You want to play gambling online but you don’t want to share your information with anyone else. Brother, you better know we all are already being monitored. So don’t just worry about it but leave gambling.
jr. member
Activity: 286
Merit: 3
June 20, 2018, 04:25:11 AM
#98
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.
sr. member
Activity: 572
Merit: 250
June 20, 2018, 03:18:28 AM
#97
Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I am really happy for this statement that crypto would be amazingly growing in future time. This is right as the current facts and figures are just evidencing this scenario. People are loving these amazing creatures and earning from them. They are continuously increasing their finical health and making everyone fantastic in financial terms. So yeah, they would become so supreme later.
It would surely grow but why are you happy for the statement? The fact remains that those who own the gambling platforms are the ones making the money and its growth will definitely product more level of insanity in the long run because people tend to do it for the wrong reasons.

Gambling should be fun or attached to things you see as fun, rather than focusing entirely on the winning. Sports betting for instance make you do your thing by analyzing matches and believing in possibilities of seeing your prediction come to play which sometimes you can use that prediction to make yourself some bucks without having to experience any tag down by the government whatsoever.
With cryptocurrency online gambling has increased and now many people use to gamble online with cryptocurrency. The use of cryptocurrency is easy in online gambling and due to online payment easy facility many people think of the benefits of gambling and lost their investment in crypto. I think it is very worst thing because cryptocurrency should never be used in gambling because it is not only currency but also a business.
hero member
Activity: 2926
Merit: 722
CoinPoker.com
June 19, 2018, 04:53:57 PM
#96
I'm saying yes, in this modern days were everything has to be digital. Before internet hasn't recognized and was even highly doubted by the world but look on how important it is today.
Businesses needs to have internet and without which they can fall their sales, I'm comparing it to cryptocurrency that like what others said that crypto is still in early days of internet like before.
But it's not only suitable for gambling, it's suits for everything that requires payment.
Right.Cryptocurrency has a lot of its advantages not only in gambling but also in many aspects.And since everything today would turn into digital,crypto would be so much advantage to all gamblers out there who wish to hide their real identities and makes a more convenient payment system.I'm sure in the coming years crypto will be globally known as number of gamblers continue to increase its population.
I don’t think so that there is any such thing named as gambling and that too in the crypto market. The entire crypto market is all and all a different thing and that there is nothing which is common in between any of the crypto currency and the gambling. Gambling is not a very good idea and that it only takes away all your money from without helping you in having any kind of profit.
The advantages of gambling using cryptocurrency is that you will stay hidden as long as you don't want to reveal your identity or give your personal information to someone behind computers. The risk is always there it is only up to you on how you will going to handle it, even despite the odds that it doesn't really want you. That's why it's called gambling because you gamble your money to either win or lose.
Being anonymous and fast processing when it comes to deposit and withdrawals are one of the key things why we do love online gambling.You can really hide out your identity among other players in the net unlike on playing on physical gambling sites but well this is just a preference on gamblers side because some of us doesnt really care on their identity and showing off publicly but well i do agree on you do said odds would be just still the same between online and physical ones.
hero member
Activity: 994
Merit: 502
June 19, 2018, 04:47:52 PM
#95
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.
legendary
Activity: 2842
Merit: 1152
June 19, 2018, 03:37:27 PM
#94
Gambling used to be one of my favorite things that I did the most at times when bitcoin was less than $1000 and directbet was online. It was the only site I trusted the most because I never needed a registration there in order to bet on my favorite sport and can gamble any time at my convenience.
Gambling is the part of crypto market as well and many gamblers like to use crypto coins and win on any game or may lose. You can get instant profit while gambling and this is the main reason gambling is now entered into the crypto market. One can get huge profit in crypto gambling while one can not get more profit other than crypto gambling because we know that crypto coins are valuable and that of marbles are less valuable than crypto coins and especially the Bitcoin.
Staying away from tax, staying anonymous, gambling and doing your thing solo without anyone being on your neck or knowing the activities you do every single day are some of the main reasons why crypto gambling has boomed seriously over the years and it keeps growing. It is kind of like termed the best market for gambling now since it is an unregulated market and that makes it so easy for anyone globally to do their thing without a third party involved as it is just them and the platform.
newbie
Activity: 114
Merit: 0
June 19, 2018, 10:03:09 AM
#93
If any of you have already tried crypto casinos, or betting sites, what are the experiences? Which one would you recommend to use?
hero member
Activity: 1022
Merit: 538
June 19, 2018, 07:54:25 AM
#92
Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I am really happy for this statement that crypto would be amazingly growing in future time. This is right as the current facts and figures are just evidencing this scenario. People are loving these amazing creatures and earning from them. They are continuously increasing their finical health and making everyone fantastic in financial terms. So yeah, they would become so supreme later.
It would surely grow but why are you happy for the statement? The fact remains that those who own the gambling platforms are the ones making the money and its growth will definitely product more level of insanity in the long run because people tend to do it for the wrong reasons.

Gambling should be fun or attached to things you see as fun, rather than focusing entirely on the winning. Sports betting for instance make you do your thing by analyzing matches and believing in possibilities of seeing your prediction come to play which sometimes you can use that prediction to make yourself some bucks without having to experience any tag down by the government whatsoever.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 19, 2018, 06:22:48 AM
#91
wait from start to buy at a low price after the price rises then we sell it at multiple prices and the result we earn several times the profit if it can be called by gambling?
Are you describing trading that way? Have you heard that trading can be also a sort of gambling? I understand what you are trying to say but you're going far from what the topic we're discussing here.
There's risk and when there's one involve you have no assurance that you can do it several times but it depends on what are you implying with buying and selling. Not all the time you're in good prices to sell and there are buyers that will buy what you sell with higher price.
sr. member
Activity: 1610
Merit: 299
June 19, 2018, 01:10:32 AM
#90
Yes crypto and gambling are two things that are match together, there are a lot of countries that forbid gambling online so it makes people to difficult to gamble, even some of the online gambling need to submit document and identity, but since the crypto arrived everything is different, with the anonymity, easy withdrawal and deposit and avaliable in every countries, many people can gamble in yheir home comfortably without need to reveal their identity
I agree.Gambling with cryptocurrency will be more observed as years goes by because as cryptocurrency will be more popular,more number of gamblers will be  find it more convenient too to gamble with crypto since their own identities remain anonymous and private unlike gambling with fiat currency.
I am really happy for this statement that crypto would be amazingly growing in future time. This is right as the current facts and figures are just evidencing this scenario. People are loving these amazing creatures and earning from them. They are continuously increasing their finical health and making everyone fantastic in financial terms. So yeah, they would become so supreme later.
It is true and the reality of future as we know that Bitcoin and other coins are increasing in their values or rates due to the demand of people for these valuable and responsive currencies. One can gamble as well as we know that market changes with the passage of time and about its predictions people can gamble.

If the prediction is right then one will win and if not then will lose. Gambling is here on many different stages however it will gain more reputation and popularity in the future.
To observe all this you should never gambled online. Your personal information should not be revealed to any one especially on the internet. If they use your data in illegal activities you can never claim because you have submitted your data for gambling and gambling as you say is forbidden in many countries. It means that the government will never help you.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
June 18, 2018, 11:07:41 AM
#89
maybe yes and maybe not. I think it depends on each person on how that person wants from the crypto and his purposes to join with the crypto. and if he only wants to use crypto for gambling then he can go with that. but I think there are other people that want to use crypto for making a better life so they can try to make money from the crypto.
I feel most people in the crypto world simply use crypto for gambling because they believe they can use it to increase their position in the long run which is why we keep seeing a lot of people who are so focused on the false mentality of profiting from gambling and letting it wreck them. However, for some other reasons such as anonymity, a lot of gamblers do that since they really do not have to be subjected to any law on gambling or taxation, and staying anonymous, helps them achieve that.
Yes people uses crypto for gambling mainly because of its anonymity so they can save their profits amount if they win and don't have to pay taxes as long as they keep it as cryptos.BUt gambling is not for money making but the people doing gambling mainly came for making money that is the place where they start to lose into the gambling.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 18, 2018, 11:02:15 AM
#88
wait from start to buy at a low price after the price rises then we sell it at multiple prices and the result we earn several times the profit if it can be called by gambling?

You can call it whatever you want. Basically its a type of trading. Now some people think trading and gambling to be synonymous but I can tell you that they are not ever remotely similar. Only the fact is both are associated with risk and high returns if you are lucky.

In gambling you can never win in the long run because the house edge is always going to make you bust. While in trading if you are watching the market you can make predictions based on the market FUD and news. But then there wont be any single shot wipeout of your money unless you end up buying some tonnes of shitcoin.
legendary
Activity: 1442
Merit: 1025
June 18, 2018, 04:32:02 AM
#87
maybe yes and maybe not. I think it depends on each person on how that person wants from the crypto and his purposes to join with the crypto. and if he only wants to use crypto for gambling then he can go with that. but I think there are other people that want to use crypto for making a better life so they can try to make money from the crypto.
I feel most people in the crypto world simply use crypto for gambling because they believe they can use it to increase their position in the long run which is why we keep seeing a lot of people who are so focused on the false mentality of profiting from gambling and letting it wreck them. However, for some other reasons such as anonymity, a lot of gamblers do that since they really do not have to be subjected to any law on gambling or taxation, and staying anonymous, helps them achieve that.
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