gambling in the crypto market - page 9.

maydna

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Quote from: Gadhoh on June 17, 2018, 04:25:20 AM

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?

no, I don't think that this is a gambling because we are waiting for the price to get down so we can buy and then we wait for a while to see the price increases. in this way, we can expect to make a profit because after the price is down, usually the price will be increased again although we don't know the time to increase and at least, we have a hope that the price will increase later.

Gadhoh

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Quote from: tabas on June 16, 2018, 04:32:42 PM

Quote from: Fromse on June 16, 2018, 01:54:23 PM

Quote from: Finestream on June 12, 2018, 10:07:22 AM

Quote from: tabas on June 11, 2018, 05:06:59 PM

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.

There's anything such named as gambling? gambling has been there since the early times, centuries or more than that.

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?

Oceat

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Quote from: Fromse on June 16, 2018, 01:54:23 PM

Quote from: Finestream on June 12, 2018, 10:07:22 AM

Quote from: tabas on June 11, 2018, 05:06:59 PM

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.

tabas

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Quote from: Fromse on June 16, 2018, 01:54:23 PM

Quote from: Finestream on June 12, 2018, 10:07:22 AM

Quote from: tabas on June 11, 2018, 05:06:59 PM

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.

There's anything such named as gambling? gambling has been there since the early times, centuries or more than that.

Devawnm367

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It is alot simpler the only thing is there are alot of fake Crypto casinos out there. People want a real provably fair chance. And alot of people may not feel that there odds are ever in their favor. One great thing about it is whatever you win you can mulriply even more with a Bitcoin pump. With crypto you can win twice!!!

Fromse

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Quote from: Finestream on June 12, 2018, 10:07:22 AM

Quote from: tabas on June 11, 2018, 05:06:59 PM

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.

bitcoindian

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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.

Batman_Bitman

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Quote from: Osarman on June 14, 2018, 03:39:54 AM

Quote from: tabas on June 11, 2018, 05:06:59 PM

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.

Although crypto is the future. We all agree with this fact. We know it better than in modern digitization, when your life becomes technological, currencies must be digital as well to make life fast and efficient. But putting your hard earned coins in gambling, this isn’t an action of wise people. You are making double mistake; to go for gambling and to invest crypto in gambling.

In my opinion gambling in crypto market in increasing day by day because it is currency and gambling need money and online gambling provides the opportunity of using cryptocurrency in gambling. But I think that a gambler should not use bitcoin in gambling because bitcoin is a source of making more money and using it means that you are winding up your income source.

Kiweikoo

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Quote from: abel1337 on June 13, 2018, 08:28:46 AM

Quote from: jajanggsr on June 13, 2018, 04:18:11 AM

yes. crypto is more suitable for gambling because it can overcome many problems in online gambling situations, such as fast deposit and withdrawal

I can agree that crypto is one of the best payment method in gambling because of its anonimity and its easy verification of account not like fiat method that it need certain information of yours that can be prone to data breaching.

Yeah that is absolutely right. Crypto is considered as good payment method. People are making good and efficient transactions that are made so fast. No one could have even thought of such amazing speedy transactions that crypto have just provided to the whole world. So just go for them. Don’t waste your energy and money here in gambling, invest in crypto and make good wealth.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: imsotiredofmoviereboots on June 15, 2018, 07:18:19 AM

If only you are not forced to do a KYC when you want to encash it locally then it is good but if it is not, then pray for your life. I'm not scaring you but you need to be sure that you are really safe and there is no way for them to find out all your profits.

Crypto is built on the ideal of anonymity but then bitcoin itself is pseudo-anonymous. Casino based on crypto are trying to be anonymous in nature but there is always the compromise for the few people who end up making huge wins - casinos ask for KYC. This is shady and goes against the ideal of crypto.

Quote from: LovelyFLOWER on June 15, 2018, 09:36:56 AM

Gambling in crypto market is good because they profit a very big amount of all the winners.

Only if you win. Truth is most people lose more than they win.

Quote

They like so much the bitcoin or tokens they get on winning because it's like they won a jackpot in lottery if the price is very high.

The chance of winning the jackpot is very thin. Keeping trying the hunt the jackpot and you will go broke in no time.

Quote

Gamblers like it much because all they wanted is for a big profit.

Stop shitposting.

KorakPawon

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they bet almost the same as gambling and it is arguably this form of gambling because there is a disadvantage who we are small investors or small traders when they try to manipulate the price.

STT

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Quote from: MinerHQ on June 15, 2018, 05:44:23 AM

But even today also bitcoin is mostly used in gambling, porn and some illegal business more compared to other uses in mainstream business. Until now in my country, we can't buy any items from bitcoin or any other altcoins either in online or offline. I bought bitcoins mostly only for investment purpose and sometimes play online gambling but not much. I don't know how long it takes to get into mainstream business and we all can buy things directly using bitcoins or altcoins.

I dont think it has to be illegal exactly, crypto probably helps any business that is in someway disadvantaged. I see alot of crypto in use for trading of virtual items, maybe payment for tokens, vouchers and discount cards.
Not everyone is a gambler or motivated by any of those things you mention. Crypto is just cheap to use quite often and useful for tiny amounts. Some of my crypto for example the wallet is giving me like a mining fee just for helping to confirm transactions. So its a bit like interest on my money. Other crypto types probably has its positives also.

All through the 90's people mentioned this micro transaction currency. Long before the word bitcoin came, I think its just part of a trend not just for gambling

virtualkeybuyer

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Quote from: Osarman on June 14, 2018, 03:39:54 AM

Quote from: tabas on June 11, 2018, 05:06:59 PM

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.

Although crypto is the future. We all agree with this fact. We know it better than in modern digitization, when your life becomes technological, currencies must be digital as well to make life fast and efficient. But putting your hard earned coins in gambling, this isn’t an action of wise people. You are making double mistake; to go for gambling and to invest crypto in gambling.

I think he is discussing the way/method of deposit in these gambling sites. It do not mean that he will deposit his investment or assets in the gambling site but he only exchange the money which he have for gambling and he will use that money for gambling deposit. It is only for their convenience which the OP want to explain that it is more suitable for doing deposits and using it for gambling. But I think crypto is convenient for any business.

Buttercup123

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Quote from: imsotiredofmoviereboots on June 15, 2018, 07:18:19 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

If only you are not forced to do a KYC when you want to encash it locally then it is good but if it is not, then pray for your life. I'm not scaring you but you need to be sure that you are really safe and there is no way for them to find out all your profits.

KYC could be used as a means to get our personal accounts and us be revealed so no wonder people are opposing this verification system. I am also not into this especially when it comes to claiming rewards but if bounty projects requires it then I don't have a choice. I know that one of the advantage of blockchain technology is us being anynomus but since KYC was implemented, I think our anonymity will be gone.

jeremypwr

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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

Well, you don't have as much control of your money when it's invested in the crypto market, rather than when sports gambling.
You are almost at the mercy of the whales when invested in crypto, with the prices moving based on their actions.
Whereas in sports wagering, it is entirely up to the bettor how much they want to risk for a specific match.
There are similarities between the two types of gambling but I think sports gambling is much safer than investing in the crypto market.

LovelyFLOWER

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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 good because they profit a very big amount of all the winners. They like so much the bitcoin or tokens they get on winning because it's like they won a jackpot in lottery if the price is very high. Gamblers like it much because all they wanted is for a big profit.

imsotiredofmoviereboots

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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

If only you are not forced to do a KYC when you want to encash it locally then it is good but if it is not, then pray for your life. I'm not scaring you but you need to be sure that you are really safe and there is no way for them to find out all your profits.

MinerHQ

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Quote from: KennyR on June 13, 2018, 06:14:29 PM

Gambling is one of the major industry that supports the circulation of cryptocurrency. Particularly during the early days of bitcoin into existence gambling industry is the one that contributed to the circulation of bitcoin and supported in growth. During those days people had a thought that bitcoin is only for gambling, only then started to realize better about it.

But even today also bitcoin is mostly used in gambling, porn and some illegal business more compared to other uses in mainstream business. Until now in my country, we can't buy any items from bitcoin or any other altcoins either in online or offline. I bought bitcoins mostly only for investment purpose and sometimes play online gambling but not much. I don't know how long it takes to get into mainstream business and we all can buy things directly using bitcoins or altcoins.

0xBitcoins

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Quote from: StarofBTC on June 09, 2018, 04:37:16 AM

Quote from: Finestream on June 06, 2018, 08:22:52 PM

Quote from: Indrawan77 on June 06, 2018, 07:11:58 PM

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 not good to give your personal details to an online gambling site. If you are an addicted gambler go to a traditional casino and gamble there. It is safe and you will also enjoy the atmosphere because of free party in casino. Cryptocurrency is a business and I think that one should not use his business for gambling. No matter to use money for gambling but it is not sensible to lose crypto in gambling.

St4yInTh3D4rk

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Quote from: reflector on June 14, 2018, 08:01:20 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.

Investment wise apart from big whales no one gonna take the marketplace value manipulation completely. gambling like a interest or addiction towards something you need to do all the time so there is nothing we need to talk about the investment and etc.

When you really like to gambling you please choose the sports betting as the option and currently you can see the fifa world cup matches as current going affair which can rock in the gambling present time.

Sportbetting is also not easy to win but the percentage of win is 50/50 so you have better chance to win.But we never have to compare investment with gambling because gambling involves pure luck so we cannnot change our luck here but investment needs skills and luck so you can minimize your loss level by taking decision at the right time.

Topic: gambling in the crypto market - page 9. (Read 1486 times)