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Topic: Gambling market of cryptocurrency has reached about 500,000 USD per day (Read 120 times)

legendary
Activity: 1330
Merit: 1003
Though that looks like a lot but it is really not, if we want to see better market prices we are going to need to see better numbers of the money coming into the market, 500k is so small in comparison to the millions that leave the market everyday. This looks good but we need better. Also the gambling market is a big one so we need people gambling with cryptos to step their game up.
newbie
Activity: 434
Merit: 0
Day by day peoples are connecting with crypto gambling project. I think it will be increased more in near future. Some Projects has a big crowd in the crypto market.
full member
Activity: 1829
Merit: 134
Moderator
Gambling always has its own fans. Actually this market is very profitable if managed properly especially with the use of blockchain certainly makes it more transparent. 500,000 USD in my opinion is still very small, we just need to wait for the right project to implement blockchain on gambling sector and the volume might be bigger than now.
newbie
Activity: 70
Merit: 0
Day by day people are getting more interested with gambling with cryptos since there are a lot gambling platforms being introduced everyday. But, people should also be aware of not falling for scams because I have heard a lot of users falling for scams through this gambling bots in some shady sites.
newbie
Activity: 53
Merit: 0
It is very natural for people to opt for gambling to earn some extra profits. Since investing in cryptocurrency itself is like a gambling so they do know the risk of gambling with the coins on a platform beforehand. The recent increase in crypto gambling market is just a reflection of that scene.
newbie
Activity: 62
Merit: 0
Yes, it is a good thing that the market has a large amount of capital to enter. For the market, the demand is getting bigger, the number of investors is increasing, and the price of coins will definitely rise, which is good for it.
hero member
Activity: 2982
Merit: 597
Leading Crypto Sports Betting & Casino Platform
I just found out that the crypto-gambling market has hit $500,000/day in terms of volume.
https://gamblescan.com

Honestly, I have not looked into this because I am not into gambling but online gambling is a big industry some are regulated and some are not part but this is an industry that cannot be taken down only regulated and their use of cryptocurrency can lead to a wide adoption, whether we like it or not  they contributed to cryptocurrency cause.
sr. member
Activity: 560
Merit: 250
Cool i dont have lucky in casino.
newbie
Activity: 105
Merit: 0
In my opinion, if it has a huge amount of money to enter, then the market will only get better and better, so that all people will become rich. It is a good thing. We should actively participate. Everyone will be profitable.
sr. member
Activity: 602
Merit: 250
Electronic money is involved in gambling. Many bad guys go through this form to launder money. Should be huge amount of $ 500,000 / day. It is too big money, doing the right thing will be difficult to trade large and hard to find that amount in a day.
member
Activity: 566
Merit: 10
Crypto gambling market is a huge industry, having it integrated on blockchain technology will make it more transparent it is a industry where more money will be pumped into cyrpto market.
newbie
Activity: 210
Merit: 0
This is one of the many assurances that crypto currency is not going anywhere for now it can only gain more ground just like football gamblers have seen the gain and are taken advantage of it and they can go any length to promote it.
newbie
Activity: 74
Merit: 0
It's enormous! Crypto Gambling market is roaring. I think the amount will cross millions in upcoming days. Lets see what happens.
newbie
Activity: 336
Merit: 0
If it’s really true I think it’s huge and effectively for crypto. So that should be rise on the good level. It’s future will be more sustainable I HOPE.
jr. member
Activity: 123
Merit: 1
Wow that's a huge amount of money. Crypto is really reigning the market. I think the amount will increase in future as more investor are participating.
newbie
Activity: 243
Merit: 0
I don't think we should compared these two things,  I agree that some people consider it as gambling but these two are different cause in cryptocurrency things depends on decision not luck
legendary
Activity: 2380
Merit: 1343
This does not surprise me at all. Gambling is a growing industry because
Gamblers can access it 24/7 365 days per year.

Crypto Gambling sites are also growing to take advantage of those with
the addiction and some people are able to hide that addiction with a virtually
invisible currency.

Its big business and is set to grow as more people look to increase their
crypto holdings on both sides of the house.
newbie
Activity: 44
Merit: 0
People are joining crypto gambling everyday since they have ran out of ways of investments. A lot of people don't have the skills or knowledge to join bounty campaigns and airdrops. So, they start with a small amount of crypto and gamble their way up through the ladder.
newbie
Activity: 56
Merit: 0
That is a surprising volume. Nevertheless, it is a good sight, that people are making use of their investments. But in other terms, it is worrisome that there is a chance that this might lead to gambling addiction.
newbie
Activity: 383
Merit: 0
This is good in the sense that people are using crypto currency and this will make the crypto currency more famous. But an enormous increase in the gambling can lead to government intervention. So people need to understand this.
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